DUBLIN–(BUSINESS WIRE)–“Europe Lecithin Market Size, Share & Industry Trends Analysis Report By Application (Feed, Food & Beverage, Industrial & Healthcare), By Nature, By Type, By Source, By Country and Growth Forecast, 2022-2028” report has been added to ResearchAndMarkets.com’s offering.
The European lecithin market is expected to witness a market growth of 6.3% CAGR during the forecast period (2022-2028).
Lecithin is used more often in confectionery and bakery, ready-to-eat and feed products as the desire for natural ingredients grows. The demand for lecithin in the form of food additives in the food and beverage sector tends to be driven by an increase in the number of grocery stores as well as food service operations. Consumer preferences for convenience foods, changing work cultures, and global retail expansion are driving the lecithin market.
In addition, increasing disposable income, increasing demand for organic food additives, changing lifestyles and an increase in health-conscious customers as a result of an increase in obesity cases all benefit the lecithin industry. Moreover, the growing demand for green as well as organic food products, as well as an increase in the demand for alternative sources of lecithin, provide profitable prospects for the market players.
The European Food Safety Authority approved the use of lecithin in feed for all animal species in 2016. This has opened up opportunities for producers across the region. In addition, the convenience of the confectionery and food categories is driving growth in the German sector. Large food companies such as Nestle, Vion Food Group, Dr. Oetker, Tchibo, Coca-Cola and Mondelez International are widespread in the country, and support the growth of the market.
In the UK, the development of the market has been aided by the gathering of scientific evidence of lecithin’s various health benefits over traditional emulsifiers. The market is growing because UK consumers are becoming more aware of the nutritional value of lecithin. In addition, sales of plant-based products are expected to increase significantly in the UK in the coming years. Immunity and nutrition are becoming more and more important parts of a country’s acceptable standard of living.
Market segments covered in the report:
List of companies profiled in the report:
Chapter 1. Market Scope & Methodology
Chapter 3. Strategies Deployed in Lecithin Market
Chapter 4. Europe Lecithin Market by Application
4.1 Europe’s feed market by country
4.2 Europe Food & beverages Market by country
4.3 European industrial market by country
4.4 European health market by country
Chapter 5. Europe Natural Lecithin Market
5.1 Europe GMO Market by Country
5.2 European non-GMO market by country
Chapter 6. Europe Lecithin Market by Type
6.1 European liquid market by country
6.2 Europe unoiled market by country
6.3 Europe changed market by country
Chapter 7. Europe Lecithin Market by Source
7.1 European soy market by country
7.2 European sunflower market by country
7.3 Europe Rapeseed & rapeseed market by country
7.4 European egg market by country
7.5 Europe Other Market by country
Chapter 8. European Lecithin Market by Country
For more information on this report, visit https://www.researchandmarkets.com/r/brqcya