Germany Lecithin Market Size & Outlook, 2024-2030
Germany lecithin market, 2018-2030 (US$M)
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Germany lecithin market highlights
- The Germany lecithin market generated a revenue of USD 23.7 million in 2023 and is expected to reach USD 39.3 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.5% 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 23.7 million |
| Market revenue in 2030 | USD 39.3 million |
| Growth rate | 7.5% (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, Germany accounted for 3.9% 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 Europe, France lecithin market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 39.3 million by 2030.
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Lecithin Market Scope
Lecithin Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 73.84% in 2024. Horizon Databook has segmented the Germany lecithin market based on soy, sunflower, rapeseed, other covering the revenue growth of each sub-segment from 2018 to 2030.
The German food & beverage industry is made up of a large number of small and large-sized food manufacturers owing to which the demand for lecithin is expected to remain high over the forecast period.
The widespread cultivation of soybean and sunflower in the country has boosted the extraction of lecithin from these sources. The development of deoiled variant of lecithin with enhanced health benefits is expected to augment the demand for sunflower source.
German bakery and confectionery are among the fastest-growing markets in Europe. The development of premium pastries, national delicacies, and healthy snacks is expected to boost the demand for lecithin over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany lecithin market , including forecasts for subscribers. This country databook contains high-level insights into Germany lecithin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany lecithin market size, by source, 2018-2030 (US$M)
Germany Lecithin Market Outlook Share, 2024 & 2030 (US$M)
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