The global phospholipid market garnered $2.84 billion in 2020, and is estimated to reach $5.64 billion by 2030, witnessing a CAGR of 7.1% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, key segments, value chain, regional scenario, top investment pockets, and competitive landscape.
Surge in demand for naturally sourced ingredients and rise in demand from pharmaceutical and cosmetics industries for phospholipids drive the growth of the global phospholipid market. However, genetically modified foods hinder the market growth. On the other hand, growth in demand for alternate sources of phospholipid and label-friendly products create new opportunities in the coming years.
Download Free Sample Report (295 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/13480
Covid-19 Scenario:
The food and beverages industry has been through a high demand in the lockdown period.
Most supermarkets and other stores were closed and manufacturers faced problems such as lack of resources and labor availability, thereby impacting the scale of production.
All these factors indirectly affected the demand for the phospholipid market.
The report offers detailed segmentation of the global phospholipid market based on source, form, application, and region.
Based on consumer source, the soy segment accounted for the largest share in 2020, contributing to nearly than half of the total share, and is estimated to maintain its lead position during the forecast period. On the other hand, the other segment including sunflower and krill phospholipid is expected to manifest the largest CAGR of 7.6% from 2021 to 2030.
Get detailed COVID-19 impact analysis on the phospholipid Market @ https://www.alliedmarketresearch.com/request-for-customization/13480?reqfor=covid
Based on form, the powder segment held the highest market share, contributing to more than two-third of the global phospholipid market in 2020, and is projected to continue its leadership status throughout the forecast period. However, the granule segment is expected to witness the highest CAGR of 8.0% from 2021 to 2030.
Based on region, Asia-Pacific contributed to the largest share in 2020, accounting for nearly two-fifths of the total market, and is estimated to continue its dominance in terms of revenue by 2030. However, LAMEA is expected to portray the fastest CAGR of 9.0% during the forecast period. Other provinces studied in the report include Europe and North America.
Interested to Procure The Data? Inquire here @ https://www.alliedmarketresearch.com/phospholipid-market/purchase-options
Leading players of the global phospholipid market analyzed in the research include The key players profiled in the report 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.
Similar Reports:
Mango Butter Market is expected to reach $163.4 Million by 2027
Savory Ingredients Market Expected to Reach $11.2 Billion by 2027
About Us
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 domain.
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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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.