The Lecithin Market in Europe is Expected to Reach $315.9 Million by 2019 - New Report by MicroMarket Monitor
(PRWEB) July 14, 2014 -- The European Lecithin Market report explains and divides the Lecithin market in Europe with analysis and projection of revenue. The Lecithin Market in Europe is estimated to grow from around $241.7 million in 2012 to $315.9 million by 2019, at a CAGR of 3.2% from 2012 to 2019.
Browse through the TOC of the European Lecithin Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the European Lecithin Market, and is supported by various tables and figures.
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Lecithin is one of the fastest growing ingredients market. The increasing consumption for convenience foods, supplements, and nutrients, and the growing demand for natural food are the drivers for the lecithin market. With the growing market potential and the increasing preference from manufacturers of varied applications, the lecithin market is likely to witness remarkable growth in future.In Europe,the current shift in preferences of the population towards health benefits is helping the lecithin market to grow. Further, the growing demand for Non-GM Lecithin in developed nations has created an opportunity for lecithin market.
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Europe is a major market, wherein France holds a maximum share in the lecithin market. France is the biggest market in Europe that contributed a major share of 23.4% in the lecithin market.The European lecithin market is dominated by key players such as Cargill Incorporated (U.S.), DuPont (U.S.), Archer Daniels Midland Company (U.S.), Lasenor Emul Sl. (Spain), and Ruchi Soya Industries Limited (India). Cargill Incorporated (U.S.) is the major player with a share of 18.3%, followed by Archer Daniels Midland Company (U.S.), with a share of 19.1%. The existing dominant players are leveraging their innovative capabilities, scale, and customer relations to commercialize novel products and increase their adoption.
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This market is bifurcated and projected on the basis of sources of lecithin, which is soy, sunflower, egg and other lecithin. Soy lecithin is the most preferred sources of lecithin for commercial application, as it is the easiest source of application,with the highest share of 81.3%. The market is further segmented and forecast on the basis of major countries, such as Germany, France, Italy, and the U.K,among others. The market is also analyzed on the basis of application areas such as food, nutrition & supplements, cosmetics, and feed,among others.
This report also comprises of market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it also presents a country-level competitive landscape and company profiles of key players.
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