Growing preference for non-GMO lecithin will augur well for growth of the egg yolk lecithin market, as the requirement for non-GMO ingredients sourcing leads manufacturers toward adoption. Challenges apropos of the ingredient lists’ compilation including simpler, natural, and allergen-free elements have been offset by healthy and natural characteristics of egg yolk lecithin, thereby augmenting demand.
According to a new Fact.MR study, the egg yolk lecithin market will record a steady growth to exceed revenues worth US$ 480 Mn by 2028-end. Fast-paced and hectic lifestyles of consumers have meant that demand for processed food and packaged food has surged significantly, thereby creating demand for egg yolk lecithin as an effective emulsifying agent.
Fluctuating cost of eggs, influenced by ripple effects of bird flu and inappropriate utilization of insecticides to rid fleas off chickens, is likely to increase the cost of their by-products, such as egg yolk lecithin. This will confine future growth of the egg yolk lecithin market to a certain extent.
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