What is Rapeseed Lecithin Market Scope?
Rapeseed lecithin is also called as rape lecithin and oilseed rape lecithin. Rapeseed lecithin improves dispersion in water properties. Thus, it is used in confectionery & chocolate, bakery, and convenience foods. Rising use of rapeseed lecithin for making food supplements and treating memory disorders such as dementia is growing the rapeseed lecithin market. Additionally, increasing awareness about clean products and growing use of rapeseed lecithin in skin products as a moisturizer is major key drivers for the market. However, continuous fluctuation in the prices of raw material government regulations for food and food product lack of awareness about benefits associated with rapeseed lecithin are the factors that have been limiting the overall growth of the market.
The Rapeseed Lecithin market study is being classified by Type (Raw Rapeseed Lecithin and Refined Rapeseed Lecithin), by Application (Food (Bakery Products, Confectionery Products, Convenience Foods, Dairy & Frozen Desserts), Feed, Healthcare, Cosmetic and Others) and major geographies with country level break-up.
The Vendors having a strong hold in the market are DowDuPont, Cargill, Archer Daniels Midland, Bunge Limited, Stern Wywiol Gruppe. Analysts at AMA predicts that Vendors from United States, European and Asian will contribute to the maximum growth of Global Rapeseed Lecithin market throughout the predicted period.
DowDuPont (United States), Cargill (United States), Archer Daniels Midland (United States), Bunge Limited (United States), Stern Wywiol Gruppe (Germany), Lecico GmBH (Germany), American Lecithin Company (United States), Lecital (Austria), Lasenor Emul (Spain) and GIIAVA (INDIA) PVT. LTD (India) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Novastell Essential Ingredients (France), Rasoya Proteins Ltd. (India), Clarkson Grain Company, Inc. (United States), Amitex Agro Product Pvt. Ltd. (India) and Austrade Inc. (United States).
Analyst at AMA have segmented the market study of Global Rapeseed Lecithin market by Type, Application and Region.
On the basis of geography, the market of Rapeseed Lecithin has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
Rapeseed Lecithin Producers, Raw Material Suppliers, Distributors and Suppliers, Government Agencies, Private Research Organization and Others
On March 2018, Cargill has announced the new launch of a new range of rapeseed lecithin products. The has expanded its product portfolio and the launch is done because of increasing consumers demand for clean and non-GMO ingredients products
According to the Federal Regulations, Title 21, Volume 3, “The ingredient meets the specifications of the Food Chemicals Codex, 3d Ed. (1981), pp. 166-167, which is incorporated by reference. Copies are available from the National Academy Press, 2101 Constitution Ave. NW., Washington, DC 20418, or available for inspection at the National Archives and Records Administration (NARA)”
Influencing Market Trend
- Rising Use of Rapeseed Lecithin for making Supplements and Medicines
- Increasing Demand due to Rising Consumer Awareness towards Clean Label Products
- Rising Demand from Rapidly Growing Food and Beverage Industry
- Increasing Adoption of Rapeseed Lecithin for treating memory disorders such as dementia
- Growing Use of Rapeseed Lecithin as Moisturizer in Cosmetic products.
- Continuous Fluctuation in the Prices of Raw Material
- Presence of Alternative such as Sunflower Lecithin
- Government Regulations for Food and Food Product
- Lack of Awareness about Benefits Associated with Rapeseed Lecithin
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