Infinium Global Research Global Licithin Market | Page 9

Global Lecithin Market: Trends and Forecast -2023 SECONDARY SOURCES. •C-level executives in the leading manufacturing companies of lecithin •Product managers •Sales managers •Industry consultants •Distributors/Suppliers Infinium’s Data bank/Know how • Industry Publications • Agriculture and Agri-Food Canada • FDA • Government Agencies’ Publications • Industry news ‘ • Data sources • Trade Associations’ publications • Others • Annual Reports • Presentations • Company Websites • Press Releases • News Articles • Journals Primary Research Secondary Research • Paid Databases •Manufacturers of edible oils, pharmaceuticals food and beverages and cosmetics using lecithin •Intermediaries PRIMARY SOURCES Data Triangulation and Information Sources The market size of lecithin is determined based on the top down approach. The market size is validated using primary interview with the participants working in some of the leading players in the lecithin market. The primary interview participants typically include managers and CXO level executives of the leading players in this market. The primary interviews not only help identify the market size of the lecithin market but also identify the factors that promote the growth in the market and the factors that restrain the growth in this market. The views of primary respondents were reconciled to provide qualitative analysis of the lecithin market. The primary respondents also help identifying top 5-10 players and their possible market share in the respective country markets and in world market. The bottom-up approach is used to validate the global market size of lecithin. With the help of primary interviews and secondary research the market size of lecithin is determined for each country studied, which then is added to arrive at regional market size and thereby obtaining global market size. This in turn helps us to validate the market size of lecithin in the world market. EXECUTIVE SUMMARY GLOBAL LECITHIN MARKET HIGHLIGHTS, (USD MILLION) The global Lecithin market was worth USD3006.3 million in 2015 and it is projected to reach USDxxxx.xmillion, expanding at a CAGR of 7.x% between 2017 and 2013. The global Lecithin market is driven by the factors such as growing demand for convenience food, rising awareness about the usability of lecithin in multiple 9 | © Infinium Global Research