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Global Organic Soy Lecithin market is expected to reach US $57.93 million by 2023

Author: QYResearch | Publish date: 2018-05-09 | Views: 265
Organic soy lecithin used an entirely natural process without any synthetic solvents In the past few years, the global organic soy lecithin continue to maintain a rapid growth rate. The global production of organic soy lecithin has grown from 2288 tons in 2012 to 3074 tons in 2016. Clarkson Soy Products and Lecico are leaders in this industry. In 2016, Clarkson Soy Products accounted for the world's 37.64% market share. In 2016, the global organic soy lecithin market was valued at 34.54 million USD. By 2023, the global organic soy lecithin market is expected to reach 57.93 million USD.


Publisher: QYResearch

Published Date: 2018-05-09

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Soybeans are by far the most important source of commercial lecithin, and lecithin is the most important by-product of the soy oil processing industry because of its many applications in foods and industrial products. Soy lecithin is an excellent source of phospholipids, or phosphatides, for aqua feeds. In the past few decades, soy lecithin played a very important role. However, with the huge demand of healthy food, organic soy lecithin gradually began to gain market share. At the same time, sunflower lecithin is also constantly squeezing the market share of soy lecithin. Due to the lack of adequate organic sources of soy lecithin, the USDA allowed the use of non-organic sources when it drafted the national organic standards in 2002. Limit the development of this industry is upstream raw materials. At present, the US organic soybean cultivation can not meet the needs of the market. In the soybean industry, organic soybeans account for very small market share.


A special medium for both dietary and cosmetic purposes, organic soy lecithin acts as an emulsifier and thickening agent for body care products and improves a products’ shelf life by acting as a mild preservative. At present, organic soy lecithin's main application areas are personal care products, chocolate, ice cream, beverages, bread, dietary supplements and so on. In these areas, organic soy lecithin achieved remarkable growth. In 2016, organic foods, personal care products accounted for 46.35% and 28.67% market share.


Consumer demand for organic has grown by double-digits nearly every year since the 1990s.Most impressively, organic sales have increased from $3.6 billion in 1997 to $43.3 billion in 2015. The outlook remains strong for organic products in the marketplace. To-date, the industry has shown continuous and steady growth with a 10.8 percent growth rate in 2015, well above that of the overall food market at 3.3 percent. Organic soy lecithin is an emerging industry. The industry is far from mature. In the future, this industry will become more intense. We think there will be more new companies in the future to enter the industry. Nevertheless, we maintain a positive attitude towards this industry.


The Global Organic Soy Lecithin Market Research Report 2018 report released by QYResearch provides a basic overview of the Organic soy lecithin industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.


The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Organic soy lecithin industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.


Click to view the full report:https://www.qyresearch.com/index/detail/76768/global-organic-soy-lecithin-market-research-report
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