India Lecithin Market Size & Outlook, 2024-2030
India lecithin market, 2018-2030 (US$M)
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India lecithin market highlights
- The India lecithin market generated a revenue of USD 27.6 million in 2023 and is expected to reach USD 55.6 million by 2030.
- The India market is expected to grow at a CAGR of 10.5% 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 27.6 million |
| Market revenue in 2030 | USD 55.6 million |
| Growth rate | 10.5% (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, India accounted for 4.5% 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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India 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 76.45% in 2024. Horizon Databook has segmented the India lecithin market based on soy, sunflower, rapeseed, other covering the revenue growth of each sub-segment from 2018 to 2030.
Soybean is the largest source segment in the market owing to presence of a large number of soybean cultivations and small-scale oilseed crushing facilities. Sunflower and rapeseed are among the fastest-growing source segments owing to rising awareness regarding natural ingredients used in the manufacturing of packaged food products.
The growing packaged food market in the country is expected to further augment the demand for lecithin over the forecast period. Demand for lecithin is also high due to the presence of a large number of food manufacturing companies and growing population in the country.
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Our clientele includes a mix of lecithin market companies, investment firms, advisory firms & academic institutions.
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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 India lecithin market , including forecasts for subscribers. This country databook contains high-level insights into India lecithin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India lecithin market size, by source, 2018-2030 (US$M)
India Lecithin Market Outlook Share, 2024 & 2030 (US$M)
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