Market Share of Phospholipids Industry
The global phospholipids market is consolidated as major players are coming up with nutritional ingredients in order to expand their reach in the food, beverage, nutraceuticals, and pharmaceutical industries. The players such as Cargill Inc., Lipoid, Lecico GmbH, VAV life science, and Novastell Ingredients Essentials among others are operating in the market. With prevalent FDA regulations, the leading players have an upper edge and continue to dominate the market. Major players in the region have been focusing on mergers and acquisitions as a strategy to strengthen their product portfolio, to cater a wide range of customers, and expand to untapped markets. For instance, in 2019, Avril Group, a manufacturer of oil and ingredient solutions acquired Lecico GmbH, a producer of phospholipids to expand their business activities in Germany.
Phospholipids Market Leaders
Cargill Inc
American Lecithin Company
VAV Life Sciences Pvt. Ltd.
Lecico GmbH
Lipoid GmbH
*Disclaimer: Major Players sorted in no particular order
