Has the Plant-Based Lecithin Market Recovered From the Impact of COVID-19

 

Lecithin, the natural emulsifier, is widely used in various industries such as food and beverage, nutritional supplements, animal feed, healthcare, personal care and cosmetics, and others. It’s derived from different sources ranging from soy, sunflower, rapeseed, egg, and others. Among these, soy lecithin is the most common and widely used source of lecithin in the market.

However, the soy lecithin market has faced some challenges in recent years due to the increasing consumer awareness about the health and environmental impacts of genetically modified (GM) crops. Many consumers now preferentially opt for non-GM and organic products that are free from synthetic additives and pesticides. This has led to a growing demand for plant-based lecithin from alternative sources such as sunflower and rapeseed.

The COVID-19 pandemic also affected the global lecithin market in various ways. Constant lockdowns and restrictions imposed by various governments disrupted the supply chain of raw materials, transportation, and manufacturing facilities.

All that commotion led to an increase in the demand for lecithin from some end-use industries such as healthcare and personal care and food and beverage manufacturing.

A report by ResearchAndMarkets.com stated that the global lecithin market size was valued at USD 5.5 billion in 2022 and is projected to reach USD 7.5 billion by 2027, recording a CAGR of 6.3%. The report states that the market is primarily driven by the increasing demand for natural food additives and the growing consumer awareness about clean-label products.

The same report also highlights that sunflower lecithin is the fastest-growing segment by source, owing to its excellent health benefits and versatility.

There’s another report by Fortune Business Insights that states the global soy lecithin market size was USD 525.82 million in 2020 and is projected to grow at a CAGR of 4.72% from 2021 to 2028. The report attributed the growth to the rising demand for lecithin and its various applications such as confectionery products, convenience food, baked goods, feed, healthcare, and others.

The report also mentioned that the launch of organic soy lecithin products is a prominent trend in the market, as consumers are seeking more responsible and sustainable products.

LECITEIN, a UK-based lecithin provider, is one of the leading companies that is addressing the growing demand for transparency and quality expectations among consumers for lecithin solutions. The company offers a wide range of lecithin products from different sources such as soy, sunflower, rapeseed, and others. The company also offers non-GMO and organic-certified lecithin products that meet the highest standards of purity and functionality.

One of the company's flagship products is LECILEC™ 5880, a plant-based lecithin that is derived from non-GMO soybeans. LECILEC™ 5880 is a versatile ingredient that can be used in various applications such as chocolate, bakery products, instant beverages, sauces, dressings, margarine, spreads, dairy products, infant formula, dietary supplements, cosmetics, pharmaceuticals, and others.

LECILEC™ 5880 offers several benefits such as improved emulsification, dispersion, wetting, anti-spattering, anti-oxidation, nutritional enhancement, and cost reduction. It’s also a sustainable product that supports the conservation of natural resources and biodiversity.

LECITEIN sources its soybeans from certified farms that follow good agricultural practices and respect social and environmental standards. The company also ensures traceability and transparency throughout its supply chain.

If you are a food and beverage manufacturer who is looking for a high-quality plant-based lecithin solution supplier that can help you improve your product performance, functionality, nutrition, and sustainability, then you should consider LECITEIN as your preferred choice. They have a wide range of plant-based lecithin available in different forms such as fluid, de-oiled, modified, hydrolyzed, fractionated, and customized to suit your specific needs.

To learn more about LECITEIN and how it can help you achieve your product goals, please visit www.LECITEIN.com and contact them at info@LECITEIN.com. They would be happy to assist you with your queries and provide you with samples and technical support.