Market revenue in 2023 | USD 26.0 million |
Market revenue in 2030 | USD 43.8 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 74.62% in 2024. Horizon Databook has segmented the Middle East & Africa lecithin market based on soy, sunflower, rapeseed, other covering the revenue growth of each sub-segment from 2018 to 2030.
The growth in the Middle East & Africa region is expected to remain sluggish over the forecast period owing to less maturity in end-use industries and lack of proper infrastructure in the region. Rising investments in product innovation are expected to boost the demand for lecithin, but countries are still battling political instability owing to which the demand is expected to remain high over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa lecithin market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa lecithin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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