Middle East & Africa Lecithin Market Size & Outlook
Related Markets
MEA lecithin market highlights
- The MEA lecithin market generated a revenue of USD 26.0 million in 2023.
- The market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, soy was the largest revenue generating source in 2023.
- Sunflower is the most lucrative source segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 26.0 million |
| Market revenue in 2030 | USD 43.8 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Soy |
| Fastest growing segment | Sunflower |
| Historical data covered | 2016 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Soy, Sunflower, Rapeseed, Other |
| Key market players worldwide | Cargill, Archer-Daniels Midland Co, Lipoid, Bunge Global SA, DuPont de Nemours Inc, NOW Foods, Wilmar International Ltd, American Lecithin Company, Stern-Wywiol Gruppe, Soyatech, Giiava, AKK, IMCOPA |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.3% of the global lecithin market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 321.7 million by 2030.
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Lecithin Market Scope
Lecithin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| IMCOPA | View profile | 501-1000 | Araucária, Parana, Brazil, South America | https://www.imcopa.com.br |
| AKK | View profile | 11-50 | Vantaa, Southern Finland, Finland, Europe | https://www.autourheilu.fi |
| Giiava | View profile | 51-100 | Pune, Maharashtra, India, Asia | https://giiava.com |
| Soyatech | View profile | 1-10 | Southwest Harbor, Maine, United States, North America | http://www.soyatech.com/ |
| Stern-Wywiol Gruppe | View profile | 1001-5000 | Hamburg, Hamburg, Germany, Europe | https://stern-wywiol-gruppe.de/ |
| American Lecithin Company | View profile | 1-10 | Oxford, Connecticut, United States, North America | http://www.americanlecithin.us/ |
| Lipoid | View profile | 11-50 | Ludwigshafen, Rheinland-Pfalz, Germany, Europe | http://www.lipoid.com/ |
| Bunge Global SA | View profile | 23000 | 1391 Timberlake Manor Parkway, Chesterfield, MO, United States, 63017 | https://www.bunge.com |
| NOW Foods | View profile | 501-1000 | Bloomingdale, Illinois, United States, North America | https://www.nowfoods.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Wilmar International Ltd | View profile | 100000 | 28 Biopolis Road, Wilmar International, Singapore, Singapore, 138568 | https://www.wilmar-international.com |
| Archer-Daniels Midland Co | View profile | 41802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | https://www.adm.com |
Middle East & Africa lecithin market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lecithin market will help companies and investors design strategic landscapes.
Soy was the largest segment with a revenue share of 74.62% in 2024. Horizon Databook has segmented the Middle East & Africa lecithin market based on soy, sunflower, rapeseed, other covering the revenue growth of each sub-segment from 2018 to 2030.
The growth in the Middle East & Africa region is expected to remain sluggish over the forecast period owing to less maturity in end-use industries and lack of proper infrastructure in the region. Rising investments in product innovation are expected to boost the demand for lecithin, but countries are still battling political instability owing to which the demand is expected to remain high over the forecast period.
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Our clientele includes a mix of lecithin market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa lecithin market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa lecithin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Lecithin Market Outlook Share, 2024 & 2030 (US$M)
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