Australia Lecithin Market Size & Outlook, 2024-2030
Australia lecithin market, 2018-2030 (US$M)
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Australia lecithin market highlights
- The Australia lecithin market generated a revenue of USD 17.9 million in 2023 and is expected to reach USD 34.2 million by 2030.
- The Australia market is expected to grow at a CAGR of 9.7% 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.
Lecithin market data book summary
| Market revenue in 2023 | USD 17.9 million |
| Market revenue in 2030 | USD 34.2 million |
| Growth rate | 9.7% (CAGR from 2023 to 2030) |
| Largest segment | Soy |
| Fastest growing segment | Sunflower |
| Historical data | 2016 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Australia accounted for 2.9% of the global lecithin market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China lecithin market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 55.6 million by 2030.
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Lecithin Market Scope
Lecithin Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia 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 78.77% in 2024. Horizon Databook has segmented the Australia lecithin market based on soy, sunflower, rapeseed, other covering the revenue growth of each sub-segment from 2018 to 2030.
Dietary supplements in the country have witnessed substantial growth over the past couple of years owing to the increasing consumer population, especially women and adults focusing on joint and bone health, women health, digestive, and heart health.
Key lecithin manufacturers and suppliers operating in Australia including ADM and Source Bulk Foods are contributing to the market. Additionally, presence of key end users and suppliers such as Nutra-Life Australia and The Melbourne Food Depot is anticipated to trigger the product demand 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 country-level data and insights on the Australia lecithin market , including forecasts for subscribers. This country databook contains high-level insights into Australia lecithin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia lecithin market size, by source, 2018-2030 (US$M)
Australia Lecithin Market Outlook Share, 2024 & 2030 (US$M)
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