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Soy Lecithin Market Trends, Analysis, Demand and Global Industry Research Report, Region, 2027
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Soy Lecithin Market Trends, Analysis, Demand and Global Industry Research Report, Region, 2027
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Phospholipid Market Driven by Rising Application in Nutraceutical Industry: Future Market Insights
Soaring demand for green and natural ingredients in personal care and nutraceutical products among consumers stimulating growth
DUBAI, UAE / ACCESSWIRE / April 7, 2021 / ESOMAR-certified market research firm Future Market Insights recent report on the global phospholipid market has projected the market to expand at a steady rate in 2021. Increasing application in pharmaceutical and nutraceuticals industries is expected to enable growth in the phospholipid market.
According to the study, the market is poised to reach a valuation of US$ 2.85 Bn through 2021. Rising demand for nutritious food and beverages owing to the increasing preference for healthy lifestyle will fuel the demand for phospholipids, especially in the nutraceutical segment. According to the report, the nutraceutical segment accounts for 40% of phospholipids sales.
Phospholipid Market Driven by Rising Application in Nutraceutical Industry: Future Market Insights
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Global Lecithin and Phospholipids Market is expected to reach USD 6.9 billion by 2025, from USD 2.8 billion in 2017 growing at a CAGR of 23.6 % during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
While building Lecithin and Phospholipids Market research report, the key attributes that have been adopted include highest level of spirit, practical solutions, committed research and analysis, innovation, integrated approaches, and most up-to-date technology. A numerous markets, marketing strategies, trends, future products and rising opportunities have been considered while studying market for preparing this Lecithin and Phospholipids Market report. This business report has been formed with the vigilant efforts of innovative, enthusiastic, knowledgeable and experienced team of analysts, researchers, industry experts, and forecasters. Have the busine