Global Organic Soy Lecithin Market Research Report 2020
To be labeled "ORGANIC," and to carry the USDA organic seal, food has to be made up of 95% organic ingredients. The only non-organic ingredients are ones that are unavailable organically and cannot make up more than 5% of the product. NOP rules allow the use of 5% non-organic ingredients if sufficient quantities of organic alternatives are not available. At present, 100% and 95% organic soy lecithin are common types.
The Commission Implementing Regulation (EU)2016/673 determined that “Lecithin derived from organic raw material is available on the market, but appropriate qualities of such lecithin are needed for most of the uses in the organic food processing industry. The appropriate qualities for the organic food production are currently not available in sufficient quantities. Taking account of the temporary lack of the different qualities of the organic lecithin needed for the organic production of food, it should be provided that during a transitional period of 3 years lecithin not derived from organic raw material may be used in the production of organic food“.
Soybeans are by far the most important source of commercial lecithin, and lecithin is the most important by-product of the soy oil processing industry because of its many applications in foods and industrial products. Soy lecithin is an excellent source of phospholipids, or phosphatides, for aqua feeds. In the past few decades, soy lecithin played a very important role. However, with the huge demand of healthy food, organic soy lecithin gradually began to gain market share. At the same time, sunflower lecithin is also constantly squeezing the market share of soy lecithin. Due to the lack of adequate organic sources of soy lecithin, the USDA allowed the use of non-organic sources when it drafted the national organic standards in 2002. Limit the development of this industry is upstream raw materials. At present, the US organic soybean cultivation can not meet the needs of the market. In the soybean industry, organic soybeans account for very small market share.A special medium for both dietary and cosmetic purposes, organic soy lecithin acts as an emulsifier and thickening agent for body care products and improves a products’ shelf life by acting as a mild preservative. At present, organic soy lecithin's main application areas are infant formula, chocolate, ice cream, beverages, bread, dietary supplements and so on. In these areas, organic soy lecithin achieved remarkable growth. In 2016, infant formula, cakes accounted for 23.73% and 17.4% market share.Consumer demand for organic has grown by double-digits nearly every year since the 1990s.Most impressively, organic sales have increased from $3.6 billion in 1997 to $43.3 billion in 2015. The outlook remains strong for organic products in the marketplace. To-date, the industry has shown continuous and steady growth with a 10.8 percent growth rate in 2015, well above that of the overall food market at 3.3 percent. Organic soy lecithin is an emerging industry. The industry is far from mature. In the future, this industry will become more intense. We think there will be more new companies in the future to enter the industry. Nevertheless, we maintain a positive attitude towards this industry.
The global Organic Soy Lecithin market is valued at 45 million US$ in 2020 is expected to reach 71 million US$ by the end of 2026, growing at a CAGR of 6.6% during 2021-2026.
This report focuses on Organic Soy Lecithin volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Organic Soy Lecithin market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan etc.
Market Segment Analysis
The research report includes specific segments by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type, the Organic Soy Lecithin market is segmented into
Fluid Organic Lecithins
De-oiled Organic Lecithin Powders
Segment by Application
Global Organic Soy Lecithin Market: Regional Analysis
The Organic Soy Lecithin market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.
The key regions covered in the Organic Soy Lecithin market report are:
Middle East & Africa
Global Organic Soy Lecithin Market: Competitive Analysis
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.
The major players in global Organic Soy Lecithin market include:
Clarkson Soy Products
Frequently Asked Questions
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