The Phospholipids market is set to witness a growth rate of 7.3% over the forecast period and be valued at US$ 7.8 Bn by 2032; Fact.MR Analysis
The global Phospholipids Market was valued at around US$ 3.7 Billion in 2021. With a projected CAGR of 7.3% for the next ten years, the market is likely to reach a valuation of approximately US$ 7.8 Billion by the end of 2032.
Fact.MR’s
analysis reveals that most of the phospholipids industry revenue is grossed
from Soy as a source which has a predicted CAGR of 7.8% by 2032. Nutrition and
Supplements are the top application of these tests, with a CAGR of 7.4% in the
forecast period.
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into the Market, Request a Sample of this Report:
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The readability score of the Phospholipids
Market Demand report is good as it offers chapter-wise layout with each section
divided into a smaller sections.
The report encompasses graphs and tables to
show the entire assembling. Pictorial demonstration of the definite and
estimated values of key segments is visually appealing to readers.
This Phospholipids market outlook report
explicates on vital dynamics such as the drivers, restraints and opportunities
for key players and competitive analysis of Phospholipids along with key
stakeholders as well as emerging players associated with the manufacturing of
product.
Competitive Landscape:
Phospholipids
providers are focused on increasing the production of their products to meet
demand in widespread applications. The key companies operating include Archer
Daniels Midland Company, Croda International Plc, Bunge Ltd., Cargill, Inc.,
Kewpie Corporation, Lasenor Emul SL, Lecico GmbH, Lipoid GmbH, Sime Darby
Unimills B.V. SojaProtein, Stern-Wywiol Gruppe, VAV Life Sciences Pvt. Ltd.,
and Wilmar International Ltd.
Some
of the recent development in Phospholipids are as follows:
- In June 2022, Germany’s LECICO GmbH announced
the launching of a soy-sourced phospholipid in the form of
phosphatidylcholine. The product was named LIPAMINE PC 30 P IP and was
intended for use as a nutraceutical for functional food formulations, as
well as an excipient in pharmaceutical and liposomes.
- In June 2022, Evonik Industries announced an agreement
with the US government for the expansion of its capacity to manufacture
lipids for use in mRNA therapies both in and beyond COVID vaccines.
Under
this agreement, there is a total of US$ 220 Mn as investment, from BARDA, or
the Biomedical Research and Development Authority providing US$ 150 Mn, with
additional support from the IEDC or Indiana Economic Development Corporation,
the GLC or the Greater Lafayette Commerce and Duke Energy.
- In November 2021, Bunge Loders Croklaan, the natural,
plant-based business from Bunge announced plans to build a production facility
in the Port of Amsterdam with a 2024 completion goal.
- In April 2021, VAV Lifesciences through its subsidiary
VAV lipids announced an agreement with a US-based Contract Development and
Manufacturing or CDMO firm for the supply of phospholipids to be used in
mRNA-based COVID vaccine manufacturing. The firm is a vaccine maker for
companies like Pfizer-BioNTech and Moderna and will use the phospholipids
provided to produce LNPs or Liquid nanoparticles on the behalf of the two.
- In March 2021, Lecico and Ciranda announced an
agreement that grants Ciranda an exclusive distribution agreement in the
North American Market.
- In January 2021, New Zealand’s Fonterra Co-Operative Group
Limited launched milk phospholipids sourced from non-GMO rBST-free and
grass-fed cows’ milk. This product is intended for the resolution of
mental stress and neutraceuticals.
Similarly,
recent developments related to companies manufacturing phospholipids have been
tracked by the team at Fact.MR, which is available in the full report.
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in-depth competitive analysis, Buy Now:
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Key Segments Covered in Phospholipids
Survey:
·
By Source:
- Soy
- Eggs
- Other Sources
·
By Application:
- Nutrition and Supplements
- Pharmaceuticals
- Other Applications
·
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
How will be insights and market estimations provided
in the Fact.MR report on the Demand of Phospholipids make a difference?
- The study takes a
closer look at the major economic turmoil, with a focus on the recent
COVID-19 pandemic disruptions
- The assessment of
key growth dynamics highlights the attractiveness of new automation
technologies and offers readers insight on the prospect of these during
the forecast period
- The study tries
to offer a balance perspective of the opportunities in mature and the most
lackluster markets
- Provides scrutiny
of the industry trends that have shaped recent government policies
- Provides an
account of major breakthroughs in all segments that might change the
course of the market considerably
- Provides an
incisive analysis of socio-political milieu in which the key markets
operate, and how will that influence the lucrativeness of the overall Phospholipids
Market
- Analyzes how
collaborations and partnerships among players from different industries
shape the key growth dynamics in the near future
- Evaluates the
role of various stages of funding on new growth avenues in key regional
markets
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