China Lecithin Market Size & Outlook, 2024-2030
China lecithin market, 2018-2030 (US$M)
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China lecithin market highlights
- The China lecithin market generated a revenue of USD 42.1 million in 2023 and is expected to reach USD 79.5 million by 2030.
- The China market is expected to grow at a CAGR of 9.5% 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 42.1 million |
| Market revenue in 2030 | USD 79.5 million |
| Growth rate | 9.5% (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, China accounted for 6.9% 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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China 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 81.95% in 2024. Horizon Databook has segmented the China lecithin market based on soy, sunflower, rapeseed, other covering the revenue growth of each sub-segment from 2018 to 2030.
High population coupled with rising demand for different types of foods is driving the demand for lecithin in the country. The introduction of new products in bakery and confectionery category is expected to further boost demand for lecithin.
The growing importance of sunflower oil has increased focus on other products that can be derived from sunflower owing to which its demand is expected to remain high over the forecast period.
Convenience foods demand is expanding rapidly in the country owing to changing consumer habits and rising disposable incomes. The growing working-class population is expected to boost demand for lecithin in this application segment.
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Our clientele includes a mix of lecithin market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China lecithin market , including forecasts for subscribers. This country databook contains high-level insights into China lecithin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China lecithin market size, by source, 2018-2030 (US$M)
China Lecithin Market Outlook Share, 2024 & 2030 (US$M)
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