Brazil Lecithin Market Size & Outlook, 2024-2030
Brazil lecithin market, 2018-2030 (US$M)
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Brazil lecithin market highlights
- The Brazil lecithin market generated a revenue of USD 28.7 million in 2023 and is expected to reach USD 53.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9.4% 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 28.7 million |
| Market revenue in 2030 | USD 53.9 million |
| Growth rate | 9.4% (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, Brazil accounted for 4.7% 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 Latin America, Brazil lecithin market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 53.9 million by 2030.
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Lecithin Market Scope
Lecithin Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 82.93% in 2024. Horizon Databook has segmented the Brazil lecithin market based on soy, sunflower, rapeseed, other covering the revenue growth of each sub-segment from 2018 to 2030.
Convenience foods is the fastest-growing application segment in the country as consumers are highly influenced by North American culture. The changing consumer habits in the country and introduction of new products in the category are driving the demand for lecithin in the application segment.
Animal feed is the largest application segment as the country is still an agriculture-based economy. The rising number of agro-based industries is expected to further boost the demand for lecithin.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil lecithin market , including forecasts for subscribers. This country databook contains high-level insights into Brazil lecithin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil lecithin market size, by source, 2018-2030 (US$M)
Brazil Lecithin Market Outlook Share, 2024 & 2030 (US$M)
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