iCrowd Newswire
14 Jan 2022, 19:32 GMT+10
According to a new report published by Allied Market Research, titled, "Phospholipid Market by Source, Form, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030,"
The global phospholipid market was valued at $2,846.1 million in 2020, and is projected to reach $5,647.1 million by 2030, registering a CAGR of 7.1% from 2021 to 2030. In 2020, the soy segment accounted for the highest share in the phospholipid market size.
Phospholipid are extracted from the same base as lecithin such as egg, soy and others. Phospholipid have various features such as oil and water trending properties, viscous, soft and they are orange-brown coloured substance. They are used in various end use industries pharmaceutical, cosmetics, nutrition & supplements and others.
Download PDF Sample Report: https://www.alliedmarketresearch.com/request-sample/13480
Increasing demand for naturally sourced ingredients, rising consumer awareness towards healthy lifestyle with growth in consumption of convenience foods and functional foods are the factors which spurs the growth of the market. However, lack of awareness and the costliness of some variations of phospholipid are the restraining factors of this phospholipid market growth.
Phospholipid are a gathering of naturally happening particles that include fats, waxes, sterols, fat-soluble vitamins such as vitamins A, D, E, and K, and others. The main natural capacities of phospholipid incorporate storing energy, flagging, and acting as components of cell layers. Phospholipid are broadly used in different industries such as personal care & cosmetics, food & beverage, and pharmaceutical. The surge in the usage of phospholipid in industrial applications is the key factor contributing to the significant growth of the phospholipid market.
Get detailed COVID-19 impact analysis on the Phospholipid Market: https://www.alliedmarketresearch.com/request-for-customization/13480?reqfor=covid
Development in the field of phospholipid is getting to be a major issue for a cosmetics industry that's continually evolving, using raw materials obtained by taking after the most ecological friend and secure methods, which are directed each step of the way, to ensure its customers the most elevated levels of quality, adequacy, and security. Such advancements are frequently the natural product of long-standing association between open research facilities and private companies.
The key players operating in the phospholipid market are constantly focusing on innovation and developing new cosmetic products from various natural substances because nowadays an increase in the popularity of organic cosmetic products can be witnessed. Therefore, the producers are investing in R&D for bringing in better outcomes of the products in the market.
The soy segment dominated the global phospholipid market with around 47.8% share of the overall revenue in 2020. The nutrition and supplements segment is expected to witness significant growth during the phospholipid market forecast period, owing to the rise in health awareness among consumers globally as lecithin is used for treating memory disorders such as Alzheimer and dementia. It also used to improve cardiovascular health and helps in digestion. Furthermore, granulated segment is expected to grow at the highest CAGR during the forecast period, as it contains essentially ready nutraceutical that offers nutritional benefits to consumers.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/13480
The key players profiled in phospholipid market include Archer Daniels Midland Company, Bunge Ltd, Cargill, Incorporated, DuPont de Nemours, Inc, Kewpie Corporation, Lasenor Emul SL, Lipoid GmbH, SojaProtein a.d, VAV Life Sciences Pvt. Ltd, and Wilmar International Ltd.
Key findings of the study
By source, the soy segment held the highest share, accounting for 47.8% of the global phospholipid market.Based on form, the powder segment held the major share of 70.6% of the phospholipid market.Region wise, North America held the major share in the market, and is expected to remain dominant throughout the forecast period.
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Tags: food ingredient, Phospholipid Market, Phospholipid Market Size, Phospholipid Market Application, Phospholipid
See Campaign: https://www.alliedmarketresearch.com/Contact Information:David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-researchTags:Menafn, Reportedtimes, canadatousd, PR-Wirein, Empirits, Healthfirsto, Dthai, lebc, Fexti, Research Newswire, English
Get a daily dose of San Diego Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to San Diego Sun.
More InformationFRESNO, California: Fresno State suspended two of its top men's basketball players last weekend and removed a third player from the...
Ramadewa looked at the numerous troops of monkeys. They were at ease and happy and showed their liveliness. All their movements, their...
LONDON, U.K.: Despite regulatory efforts, unauthorized disposable vapes continue to dominate a significant portion of the U.S. e-cigarette...
SACRAMENTO, California: California Governor Gavin Newsom is urging Congress to approve nearly US$40 billion in federal assistance to...
LOS ANGELES, California: The Trump administration is once again challenging California's high-speed rail project, with federal transportation...
When the Eaton Fire began on January 7, 2025, in Altadena, California, it blazed through residential neighborhoods, destroying thousands...
CAPE TOWN, South Africa: An international summit on global poverty faced setbacks this week as key finance leaders skipped the G20...
ATLANTA, Georgia: After two years of declining same-store sales, Home Depot finally saw a turnaround in the fourth quarter, fueled...
NEW YORK, New York - U.S. stocks rallied on Friday as economic data showed the U.S. Federal Reserve has likely tamed inflation. The...
WASHINGTON, DC - The U.S. Federal Reserve seemingly has inflation under control with the latest econbomic data confirming little push...
COPENHAGEN, Denmark: A remote Arctic facility designed to preserve the world's agricultural diversity is set to receive a major new...
LONON, U.K.: British Petroleum is set to abandon its ambitious renewable energy expansion targets in favor of a stronger focus on fossil...