PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1224468
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1224468
Phospholipids Market size was valued at USD 2,700.1 Million in 2022, expanding at a CAGR of 6.3% from 2023 to 2030.
The lipid molecule known as a phospholipid is composed of two fatty acids, a phosphate group, and a glycerol molecule. Phospholipids are used in a variety of industries, including food, medicine, and nutrition. Because phospholipids have many positive health effects, they are frequently used in research pertaining to the pharmaceutical business.
Phospholipids Market- Market Dynamics
Due to the aging population and rising customer demand for natural supplements, the phospholipid is a viable natural element for health goods. These health benefits are expected to boost the demand for phospholipids over the forecast period. New natural health products are being introduced by numerous companies, and some are formulating their goods with natural chemicals instead of synthetic ones. The increased willingness of consumers to test complementary and alternative medicines fuels the market for natural products. To avoid illnesses, consumers strongly choose natural and non-synthetic items. Customers like foods that are naturally sourced because they feel comfortable. The market demand for such products is primarily driven by the associated health benefits and consumers' preference for natural ingredients.
In nations with sophisticated economies, including the U.S. and European countries, ingredient labeling is now required. The rise in consumer awareness is to blame for this. Consumers can learn more about the food they purchase through food labeling. Consumer interest in natural and green labeling is increasing. As a result, phospholipid producers are concentrating on the quality and safety of their products, which are subject to many regulatory regulations and must pass clinical testing before being utilized as a component in finished goods. Due to the lockdown scenario, which prompted many food and beverage companies to shut down, the COVID-19 pandemic has had an impact on the market for phospholipids, which has resulted in a reduction in sales and revenue growth.
Phospholipids Market- Segmentation Analysis:
The Global Phospholipids Market is segmented on the basis of Type, Source, Application, and Region.
The market is divided into two categories based on Type: powder and granule. The powder segment dominates the market. The increasing demand for powder phospholipids from pharmaceutical industries is contributing to segment growth.
The market is divided into three categories based on Source: soy, eggs, and others. The soy segment dominates the market and is likely to maintain its dominance during the forecast period. This is partly due to an increase in the demand for biological food additives complementing segment growth.
The market is divided into three categories based on Application: nutrition & supplements, pharmaceuticals, and others. The nutrition & supplements segment dominates the market and is likely to maintain its dominance during the forecast period. This is partly due to an increase in the demand for natural food supplements, sports nutrition, and minerals are boosting the segment growth.
Phospholipids Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
North America held the largest market share in 2021 and is projected to continue its dominance during the forecast period. The growing demand for high-quality nutritional products and food supplementary products is contributing to market growth.
Phospholipids Market- Competitive Landscape:
Due to the high demand for nutritional food supplements in the coming years, the worldwide market for phospholipids is made of both international and local producers, making it one of the most competitive sectors in the world. Companies sell their products through a variety of channels, including corporate websites, e-commerce websites, retailers, distributors, and end consumers. Phospholipids manufacturers compete on a variety of aspects, including product costs, performance, product making, application, reputation, and availability. Some of the primary techniques used by corporations to strengthen their reach and expand their market share include new product launches, distribution network development, R&D spending, and mergers and acquisitions. For instance, in June 2022, LECICO GmbH introduced the launch of soy-based phospholipids which are used for nutraceutical food formulations.
Key features of the study:
This proposed research study on Phospholipids market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2023-2030), considering 2022 as the base year
The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Phospholipids market
The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Phospholipids market
Impact of COVID-19 on Phospholipids market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Phospholipids market post-COVID will also be covered.
In order to give the users of this report a comprehensive view on the Phospholipids market, we have also included competitive landscape and key innovator analysis for the Phospholipids market.
The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
The report offers detailed company profiling featuring major market participants which will help users to understand their financial information and strategic initiatives of players operating in the Phospholipids market.
In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
The global Phospholipids market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL PHOSPHOLIPIDS MARKET KEY PLAYERS
Wilmar International Ltd.
Avanti Polar Lipids, Inc.
Bunge Ltd.
Stern-Wywiol Gruppe
Sime Darby Unimills B.V.
VAV Life Sciences Pvt. Ltd.
Lipoid GmbH
Cargill, Inc.
Lasenor Emul SL
Kewpie Corporation
Lecico GmbH
Dow
DuPont, Inc.
American Lecithin Company
Archer Daniels Midland Company
SojaProtein a.d.
GLOBAL PHOSPHOLIPIDS MARKET, BY TYPE
Powder
Granule
GLOBAL PHOSPHOLIPIDS MARKET, BY SOURCE
Soy
Eggs
Others
GLOBAL PHOSPHOLIPIDS MARKET, BY APPLICATION
Nutrition & Supplements
Pharmaceuticals
Others
GLOBAL PHOSPHOLIPIDS MARKET, BY REGION
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Russia
Netherlands
Sweden
Poland
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
United Arab Emirates
Israel
Turkey
Algeria
Egypt
Rest of MEA