Market revenue in 2023 | USD 18.9 million |
Market revenue in 2030 | USD 30.7 million |
Growth rate | 7.2% (CAGR from 2023 to 2030) |
Largest segment | Soy |
Fastest growing segment | Rapeseed |
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 |
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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 74.07% in 2024. Horizon Databook has segmented the UK lecithin market based on soy, sunflower, rapeseed, other covering the revenue growth of each sub-segment from 2018 to 2030.
The busy lifestyles of consumers in the UK have compelled them to opt for convenience food products and this trend has positively impacted the hot cereals market in the country. The presence of key manufacturing companies and the expansion of end-user industries for lecithin, such as food & beverages, pharmaceutical, and personal care products, are driving product demand in the country.
Increasing consumer demand for natural and organic products and growing awareness about harmful chemicals and ingredients are anticipated to fuel product demand in the country over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the UK lecithin market , including forecasts for subscribers. This country databook contains high-level insights into UK lecithin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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