De-oiled Lecithin Market

The de-oiled lecithin market is estimated at USD 220 million in 2023 and is projected to reach USD 321 million by 2028, at a CAGR of 7.8% from 2023 to 2028. Rising consumer awareness of the health benefits of clean-label products and beverages will also contribute to market growth. The increasing use of de-oiled lecithin in a variety of industries, including packaged foods, pharmaceuticals, baked goods, dairy, meat, convenience food, frozen desserts, margarine, and cosmetics, will also drive market growth.

Major manufacturers in this market are based in North America and Europe. Cargill, Incorporated (US), ADM (US), Stern-Wywiol Gruppe (Germany), IMCD Group B.V. (US), Bunge (US), Stern-Wywiol Gruppe (Germany), Sonic Biochem (India), Avril Group (France), American Lecithin Company (US), VAV Life Sciences Pvt. Ltd, are among a few leading players operating in the De-oiled lecithin market. Major focus was given to the development of label-friendly ingredients across the world. These players have adopted various growth strategies to strengthen their position in the market. These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities further to expand their presence in the De-oiled lecithin market.

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Cargill, Incorporated

Cargill, Incorporated is a global conglomerate catering to the demand in various industries. The company operates through the following business segments: Agriculture, Animal Nutrition, Beauty, Bioindustries, Foodservice, Food & Beverage, Industrial, Pharmaceutical, Meat & Poultry, Risk Management, Supplements, and Transportation. Cargill provides de-oiled lecithin through its food & beverage ingredients category. The company offers three plant-based lecithin options: soy, sunflower, and canola. Its products find application in bakery products; confectionery products; beverages; convenience food such as instant mixes, soups, and sauces; dairy products, and meat & fish. The company operates in around 70 countries. It has an additional sales presence in nearly 125 countries across North America, Latin America, Asia Pacific, Europe, the Middle East, and Africa. Some of the subsidiaries of the company include Cargill Meat Solutions (US), Cargill Asia Pacific Holdings Pte Limited (Singapore), Cargill RSA (Pty) Limited (South Africa), Cargill España SA (Spain), Cargill Nordic A/S (Sweden), Provimi (Netherlands), and NatureWorks (US).

ADM

ADM is a well-established manufacturer of food & beverage ingredients, animal feed & feed ingredients, biofuels, and naturally derived alternatives to industrial chemicals. The company operates through four major segments: Ag services and oilseeds, carbohydrate solutions, nutrition, and others. The company provides de-oiled lecithin under its Nutrition category. It offers a broad portfolio that includes fluid lecithin, de-oiled lecithin, and non-GMO soy lecithin that have a wide variety of applications such as baked goods, confectionery goods, dairy products, beverages, snack foods, instant foods, human nutrition products, animal nutrition products, and releasing agents. Its de-oiled lecithin products are available under its industry-leading brands: Ultralec. ADM has a global presence across North America, South America, Europe, Asia, Australia, and Africa. It commands a robust global supply chain network that ensures consistency in quality, supported by 450 crop procurement locations, more than 330 food and feed ingredient manufacturing facilities, 62 innovation centers, and a supreme crop transportation network. It operates through subsidiaries such as the Golden Peanut Company LLC (US), ADM Milling (US), ADM do Brasil Ltda (Brazil), Wild Flavors, Inc. (US), and ADM Hamburg AG (Germany).

Bunge Limited

Bunge provides integrated operations in the agribusiness and food segments globally. The company is involved in the crushing and processing of oilseeds and grains such as wheat, corn, and sugarcane for food processors, bakeries, breweries, and other commercial customers. The company operates in various business segments such as agricultural commodity products, Refined and Specialty oil products, wheat milling products, corn milling products, sugar & bioenergy products, and other products. It offers de-oiled lecithin under Refined and Specialty oil products. It is one of the largest manufacturers of lecithin globally. The company provides lecithin sourced from soy, sunflower, and rapeseed. These products find application in the food, pharmaceuticals, and cosmetics industries.  The company has subsidiaries in almost 40 countries in the Asia Pacific, Africa & the Middle Eastern, European, Caribbean, Central American, North American, and South American regions.

IMCD Group B.V.

IMCD Group B.V. is one of the global leaders in formulating, distributing, and selling specialty chemicals and ingredients. These products find application in the food, pharmaceuticals, and cosmetics industries. The company operates in more than 50 countries across six continents. The company operates in two business segments Life science and Industrial. Life science consists of food & nutrition, pharmaceuticals, beauty & personal care and home care and I&I. Industrial segments consist of coatings & construction, lubricants & energy, Industrial solutions, and Advanced materials. IMCD Group BV offers de-oiled lecithin products under the life science segment.

Stern Wywiol Gruppe

Stern Wywiol Gruppe is a German company that manufactures ingredients for the food and feed industry. The company offers a wide range of functional systems for human and animal nutrition, additives for food and animal nutrition, oleochemical specialties, flour improvers, baking ingredients, enzyme systems, vitamins and minerals, premixes, stabilizing systems, flavorings, functional products, chocolate, food supplements, lecithin, and food lipids, and feed additives, as well as blending, filling, and processing products. The company operates through 12 independent businesses, each of which specializes in a specific area of food and feed ingredients and operates as a separate entity within the group. The businesses include Mühlenchemie for flour improvement, SternEnzym for enzyme technology, SternVitamin for vitamin and mineral premixes, SternMaid for contract manufacturing, Sternchemie for lipids and food concentrates, Hydrosol for stabilizing and texturing systems, HERZA for functional chocolate pieces and snack ingredients, Berg + Schmidt for specialty lipids, SternLife for functional food solutions, SternMachinery for process equipment, SternIngredients Asia-Pacific for ingredients in Asia-Pacific, and SternIngredients China for ingredients in China. The company offers de-oiled lecithin through its affiliate companies—Berg + Schmidt and Sternchemie—both based in Germany for the food, feed, and cosmetics industries. The company exports its products to over 130 countries.

Related Reports:

De-oiled Lecithin Market by Source (Soybean, Sunflower, Rapeseed & Canola, Eggs), Nature (Non-GMO and GMO), Form (Powder and Granules), Application (Food & Beverages, Feed, Industrial and Healthcare Products) and Region - Global Forecast to 2028

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