Soy Lecithin Market is a type of material that can be normally called food addictive. It is used as an emulsifier when it is added to food. It is also used as an anti-oxidant and as a taste protector. In the earlier days, lecithin was originally extracted from the egg yolk, but today it is extracted from cottonseed, marine sources, milk, and rapeseed, and soy flour. It normally comes in liquid form but it can be used and purchased as granules also.
This ingredient is mostly found in dietary supplements, various ice creams, dairy products, several infant formulas, pieces of bread, and various convenience foods. However, it is mostly included in small quantities.
It is also an ideal supplement for lowering the cholesterol level in the body. Soy Lecithin also soothes and moisturizes the skin.
It has a high amount of nutrient levels such as Vitamin K, Vitamin E, Choline, Omega 3 Fatty acids, Omega 6 Fatty acids.
We look at the potential benefits of the Soy Lecithin product-
- Helps in improving cholesterol levels.
- The biggest source of choline. It helps strengthen the liver function, metabolism, and aids in brain development. It is also useful for treating memory disorders such as Dementia and Alzheimer’s disease. It is also useful to treat gall bladder diseases and several mental disorders such as depression, high cholesterol, anxiety, extreme levels of stress, and skin diseases such as eczema.
- It boosts immunity.
- It helps the body deal with physical and mental stress and can be used in naturally relieving stress disorders.
- It can help improve the cognitive function of the body.
- It is helpful to some extent to treat osteoporosis.
- Soy Lecithin is also used as an additive in various food products such as chocolate, ice cream, mayonnaise, and various types of salad dressing.
- Lecithin is also used to preserve the food, add moisture and preserve the shelf life of the products which have soy Lecithin.
The geographical distribution of the Global Soy Lecithin product is divided into Asia-Pacific, Europe, and North America. There is an increasing demand for Soy lecithin products in the Asia-Pacific market due to its end-user industries. It is used the highest in the food and the beverages sector. Latin America and Africa will witness slow and sluggish growth and the economy of these regions will witness growth eventually due to the rising demand from the soy lecithin market.
The Global Soy lecithin market is expected to grow at a rate of 5.5% during the forecast period of 2021-2025.
Due to its various medicinal benefits, it is also used in medicine manufacturing and used as a source of healthy reproduction.
The main market trends to observe are-
- Population across Europe, America, and Asia-Pacific are becoming more and more health-conscious and are including the various dietary supplements in their day-to-day requirements.
- Further, there is a tremendous focus on various preventive measures. Healthcare management techniques and enhancing the overall health and well-being.
- The European regulatory body has been focusing on approving lecithin as an addictive and this is further going to increase the production in the market.
- China is the dominating country across Asia-Pacific to lead in the soy lecithin market. The use of the demand for natural ingredients is also one of the biggest market drivers.
- There have been rising cases of obesity across China and this is one of the main reasons for the rise in the Soy Lecithin market in South Asia.
- In the United States, soy is one of the most important crops, and 94% of the cultivation is produced in this region and is cultivated from genetically modified sources. They are also a low-cost producing region and a rich source of soy.
Impact of Covid 19 on the Global Soy Lecithin market-
The pandemic of Covid 19 has to some extent affected the Global Soy lecithin market. IT stopped production and disrupted the supply chain and market.
However various measures have been taken by the Food and Drug Administration to correct the various methods and pave the way for a controlled and regulatory supply of the Global Soy lecithin market.
Some of the key market players in this sector include-
Archer Daniels Company
American Lecithin Company
Ruchi Soya Industries
The Soy lecithin Market challenges-
This industry is not free from the various market challenges as too much consumption of Soy Lecithin products is harmful to the body.
We take a look at some of the key developments in the market-
- In January 2019, Avril group acquired the Lechicho products and this acquisition will help manufacture the products on a higher scale.
- Praan Naturals organized its new and improved products in the Soy domain. It is for the personal care industry which will increase the market share.
With and innovative strategies, the Soy Lecithin market is poised for a stupendous growth in the forecast period and the coming years.
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