Japan Lecithin Market Size & Outlook, 2024-2030
Japan lecithin market, 2018-2030 (US$M)
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Japan lecithin market highlights
- The Japan lecithin market generated a revenue of USD 32.9 million in 2023 and is expected to reach USD 63.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 9.8% 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 32.9 million |
| Market revenue in 2030 | USD 63.5 million |
| Growth rate | 9.8% (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, Japan accounted for 5.4% 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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Japan 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 77.2% in 2024. Horizon Databook has segmented the Japan lecithin market based on soy, sunflower, rapeseed, other covering the revenue growth of each sub-segment from 2018 to 2030.
Japan lecithin market is driven by the emergence of key end-use industries including pharmaceuticals, paints, personal care & cosmetics, and food & beverages, among others. The demand for chocolates & confectionery in Japan is also expected to positively influence market growth. KitKat chocolate produced by Nestle is one of the top-selling brands in Japan.
Furthermore, bakery market, especially biscuits, is in high demand in economies where inter-cultural foods are being combined as a part of the daily consumption patterns. This is expected to drive the market over the forecast period.
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Target buyers of Japan lecithin market databook
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan lecithin market , including forecasts for subscribers. This country databook contains high-level insights into Japan lecithin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan lecithin market size, by source, 2018-2030 (US$M)
Japan Lecithin Market Outlook Share, 2024 & 2030 (US$M)
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