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| Member since | Jun 30, 2021 |
GMO concerns, and increasing awareness about health, the rising demand for naturally sourced ingredients, market development in Asia-Pacific segment. Market Size – USD 1.09 billion in 2019 (Lecithin). USD 3.06 billion in 2019 (Phospholipids), Market Growth - CAGR of 6.5% (Lecithin). 6.9% (Phospholipids), Market Trend- Demand from food supplement manufacturers According to the current analysis of Reports and Data, The global lecithin market was valued at USD 1.09 billion in 2019 and is projected to reach USD 1.80 billion by 2027, at a CAGR of 6.5% during the forecast period. The global phospholipids market was valued at USD 3.06 billion in 2019 and is projected to reach USD 5.08 billion by 2027, at a CAGR of 6.9% during the forecast period. The Phospholipid and Lecithin market is growing due to their sources being easily obtained in the environment and due to the various end-use purposes that these ingredients have in multiple industries. Demand for naturally ... Continue reading →
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