U.S. Lecithin Market Size & Outlook, 2024-2030
U.S. lecithin market, 2018-2030 (US$M)
Related Markets
U.S. lecithin market highlights
- The U.S. lecithin market generated a revenue of USD 145.4 million in 2023 and is expected to reach USD 237.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 7.3% 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 145.4 million |
| Market revenue in 2030 | USD 237.9 million |
| Growth rate | 7.3% (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, U.S. accounted for 24.0% 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 North America, U.S. lecithin market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 17.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Lecithin Market Scope
Lecithin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 78.54% in 2024. Horizon Databook has segmented the U.S. lecithin market based on soy, sunflower, rapeseed, other covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. dominated the North American lecithin market, accounting for a volume share of 87.82% in 2019. The demand in this country is driven by growth in end-use industries and the presence of end-use manufacturers. The thriving production of soybean in the U.S. is aiding market growth of lecithin.
The presence of soybean fields in Iowa, Illinois, Minnesota, Indiana, and Nebraska is boosting market growth in this region. Soybean is expected to dominate market share as compared to sunflower and rapeseed.
Soybean is expected to dominate market share as compared to sunflower and rapeseed. The health benefits provided by sunflower are responsible for the rapidly increasing demand for lecithin derived from this source.
Reasons to subscribe to U.S. lecithin market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of U.S. lecithin market databook
-
Our clientele includes a mix of lecithin market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 U.S. lecithin market , including forecasts for subscribers. This country databook contains high-level insights into U.S. lecithin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. lecithin market size, by source, 2018-2030 (US$M)
U.S. Lecithin Market Outlook Share, 2024 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
