Uploaded on Apr 14, 2020
Lecithin Market Share, Size, Trends, Industry Analysis Report By Source (Rapeseed, Sunflower, Soy, Other Sources); By Type (Fluid Lecithin, De-Oiled Lecithin, Modified Lecithin); By Application (Food Products, Animal Feed, Pharmaceuticals & Personal Care, Industrial, Other Applications); By Region: Segment Forecast, 2018 - 2026
Lecithin Market
Lecithin Market
Set to Exceed USD USD 1,605 million by 2026 | CAGR
5.7%
“Lecithin Market Share, Size, Trends, Industry Analysis
Report By Source (Rapeseed, Sunflower, Soy, Other
Sources); By Type (Fluid Lecithin, De-Oiled Lecithin,
Modified Lecithin); By Application (Food Products, Animal
Feed, Pharmaceuticals & Personal Care, Industrial, Other
Applications); By Region: Segment Forecast, 2018 - 2026”
Lecithin Market Estimate & Forecast to 2026
The Lecithin Market is anticipated to reach over USD 1,605 million by 2026 according to a
new research published by Polaris Market Research. In 2017, the soy segment dominated
the global market, in terms of revenue. Europe was the leading contributor to the global
market revenue in 2017.
A significant increase in awareness regarding healthy diet, changing lifestyles, and health
benefits offered by Lecithin drive the growth of the Lecithin Market. Other driving factors
include growing inclination towards use of naturally sourced products, and increasing use of
Lecithin in medicinal and pharmaceutical applications. Improvement in lifestyle due to rise in
income level, especially in the developing countries of Asia-Pacific further fuels the growth of
the Lecithin market. Factors such as increase in per capita income, changes in consumer
behavior, and increased awareness regarding health and nutrition are expected to
accelerate the adoption of Lecithin in the coming years. Increasing demand from developing
nations, and growing use in the nutraceuticals industry is expected provide numerous
growth opportunities to the market players during the forecast period.
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Lecithin Market Scope
By Type By Source By Application By Region Report Attributes
Fluid Lecithin Rapeseed Food Products North America Historic year: 2015-2016
De-Oiled Lecithin Sunflower Animal Feed Europe Base year: 2017
Modified Lecithin Soy Pharmaceuticals & Asia Pacific Forecast Year: 2018-2026
Other Sources Personal Care Latin America Middle East Revenue ((USD Million)
Industrial & Africa
Other Applications
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Lecithin Market Estimate & Forecast to 2026
The contact lenses market by usage type is segmented into Corrective, Therapeutic,
Cosmetic, Prosthetic, and Lifestyle-oriented. The corrective lenses usage segment is
currently growing at a CAGR of more than 6.2%. The demand is attributed to its various
applications. Whereas, cosmetic lenses segment is expected to witness high growth during
the forecast period. On the basis of design, the hybrid lens segment is anticipated to
experience a noteworthy growth as it is a combination of both soft lenses and rigid gas
permeable lenses. Thus, it provides comfort of soft lenses coupled with the visual clarity
offered by rigid gas permeable lenses. The growth of hybrid lenses segment is expected to
propel with the increased demand from people with keratoconus and astigmatism
conditions.
The key strategies adopted by the market players include long-term partnerships among the
other players in supply chain particularly, distributors and suppliers with an aim to increase
their geographical footprint. For instance, in 2016, Vision Direct Group Ltd. was acquired by
Essilor International S.A. for the enhancement of its online retailing business presence.
Major industry players include Alcon Laboratories, Inc., Abbott Medical Optics, Inc., Bausch
+ Lomb, Incorporated, Carl Zeiss AG, CooperVision, Inc., Contamac U.S., Inc., Hoya
Corporation, Essilor International S.A., Medennium and Johnson & Johnson Vision Care, Inc.
among others.
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Lecithin Market Size
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About Us
Polaris Market Research is a global market research and consulting company. The company
specializes in providing exceptional market intelligence and in-depth business research services
for our clientele spread across different enterprises. We at Polaris are obliged to e present across
the industries of healthcare, technology, semi-conductors and chemicals among various other
industries present around the world.
We strive to provide our customers with updated information on innovative technologies, high
growth markets, emerging business environments and latest business-centric applications,
thereby helping them always to make informed decisions and leverage new opportunities. Adept
with a highly competent, experienced and extremely qualified team of experts comprising SMEs,
analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our
customers.
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