Market revenue in 2023 | USD 182.5 million |
Market revenue in 2030 | USD 306.4 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 |
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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 74.08% in 2024. Horizon Databook has segmented the Europe lecithin market based on soy, sunflower, rapeseed, other covering the revenue growth of each sub-segment from 2018 to 2030.
In 2019, Europe emerged as the largest lecithin market with a share of approximately 30.88% owing to high demand for the product from the animal feed industry. The presence of a large number of lecithin manufacturers has boosted market growth in the region.
Soybean is expected to lose its market share to sunflower owing to the benefits offered by sunflower and its growing demand in end-use industries. The demand for sunflower is boosted by the presence of large sunflower fields in Eastern Europe. Major manufacturers have now set up crushing facilities, which is expected to drive market growth in this region over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe lecithin market , including forecasts for subscribers. This continent databook contains high-level insights into Europe lecithin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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