Thursday, 10 October 2019

The US$ 480 Mn Egg Yolk Lecithin Industry Offers Huge Opportunities as Market Set to Grow

Consumers are continuously focusing on following a healthier lifestyle, and have myriad concerns about the safety of the food they consume. This has driven companies in the market to research nutrient-rich food & beverage products, along with supplements like egg yolk lecithin which contain natural ingredients.

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This trend is further fuelled by rising number of people ailing from various diseases across the globe, for which people seek sustainable and inexpensive alternatives for added immunity against these diseases. One such alternative is egg yolk lecithin, which was discovered and isolated way back in 1846 by Theodore Gobley. Egg yolk lecithin is still an impressive nutraceuticals ingredient, associated with several health benefits, such as cholesterol regulation, fat digestion, sleep regulation and playing a pivotal role in cerebrum and neural network formation.

Egg yolk lecithin has found significant demand from the pharmaceutical industry, riding on its nutraceuticals ability, promoting recovery from liver and neurological disorders. Other industries where egg yolk lecithin finds application in significant quantities is food & beverages, cosmetics & personal care, and animal feed. The decline noticed in the demand for whole-grain bakery products, particularly in developed economies of North America and Europe shall constraint the growth of egg yolk lecithin market in the forecast period.

The study by Fact.MR reveals that the egg yolk lecithin market value shall register an impressive CAGR ~ 6% during the forecast period of 2019-2029. The demand for enzyme supplements have shown a northward trend, further pushed by regulatory support from agencies such as European Commission and food & drug departments of various countries such as the USA, India, and Japan, which in turn shall magnify the growth of egg yolk lecithin market.

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Keto-based Diets Strengthening the Global Egg Lecithin Market


Several studies conducted by organizations such as WHO and WFP (World Food Program) suggest that cardiovascular diseases are the largest fatality causing ailments in the world. Around 17.7 Mn people across the globe died from CVDs in 2016, representing more than 30% of all global deaths that year. The major risk factors causing CVDs are hypertension and obesity. The changing dietary patterns and sedentary lifestyle of people further increases the risk of CVDs in individuals.

Concerns Regarding GMO Ingredients Creating Opportunities for the Egg Yolk Lecithin Market

Egg yolk lecithin acts as a powerful emulsifier, employed for stabilizing emulsions, such as mayonnaise and hollandaise sauces. The current regulations in many countries such as India and the USA, require food and drug companies to provide products with detailed labels regarding the ingredients used and the nutritional information of the product. These labels provide consumers insights about the materials they are consuming and its effects on their body. This is further fortified by ample amount of information available on the internet regarding various ingredients, such as egg yolk lecithin, consumed via food and beverages.

Key Companies Expanding their Global Footprint Through Developing Economies.

The companies in the egg yolk lecithin market have employed intelligent strategies to establish themselves as the monopoly holders in the market with strategic acquisitions and geographical expansion into newer markets. Merck KgaA acquired around 5 companies in the last 5 years in a bid to increase its production and technological capabilities. The company acquired Intermolecular Inc., in Sept 2019, Bssn Software in Aug 2019, and Versum Materials Inc. in April 2019.

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Royal DSM upgraded its production facility in China to meet the demand of egg yolk lecithin in the region, while Fresnius Kabi AG expanded its production in North Carolina, USA, with a US$100 Mn investment. Companies are also keeping a tab on developing egg yolk lecithin-based products, which fulfil certain claims and certifications. For example, Nikko Chemicals announced launch of Halal-certified cosmetic ingredients in August 2019.

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