Lecithin Market size is projected to reach USD 2.07 Billion by 2032 from an estimated USD 1.24 Billion in 2023, growing at a CAGR of 5.86% globally.
Lecithin is a fat that is required in the cells of the body. It can be discovered in various foods, including egg yolk, soy, sunflower, rapeseed, cottonseed, and others. Lecithin has properties such as emulsifiers, lubricants, and surfactants. Lecithin is an emulsifier which are usually phospholipids produced from phosphoric acid, choline, glycerol, and another type of fatty acids and which is extensively used in the bakery sector.