Phospholipids Market Top Scenario, SWOT Analysis, Business Overview, Forecast 2031

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A comprehensive analysis on the Phospholipids market by Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

The global phospholipids market is projected to reach a valuation of US$ 3,037.1 Mn in 2022. Increasing application of phospholipids in the cosmetics sector due to rise in demand for natural phospholipids is expected to propel the sales at 7.6% CAGR, enabling the market reach a valuation of US$ 6,292.0 Mn in 2032.

Rising demand for natural phospholipids to be used in natural cosmetics owing to the high inclination towards natural skin products, along with various health benefits offered by phospholipids in nutraceuticals and infant formulas, will continue pushing sales in the phospholipids market.

Abundant availability of raw materials such as sunflower, rapeseeds, milk, corn etc., and versatility of phospholipids in wide end use applications is contributing to the growth of the phospholipids market. Besides this, increasing frequency in new product launching from the key players, is expected to continue pushing sales of phospholipids.

As per FMI’s regional analysis, US is anticipated to dominate the global phospholipids market. Growth can be attributed to consumer investments on personal care products especially in skin care products, and to presence of prominent manufacturers, forecasting a huge demand for the same in the coming years.

Key Takeaways:

  • By product type, natural phospholipids is expected to account for more than 63.7% of total phospholipids market share in 2022.
  • Sales of phospholipids applied in nutraceuticals is anticipated to hold about 43.7% of the total phospholipids market share in 2022.
  • The U.S. is anticipated to hold a dominant share of 80.2% of the North America phospholipids market in 2022.
  • China will remain as a lucrative market, creating an incremental opportunity of US$ 331.1 Mn in 2032.
  • Germany is projected to account for 18.8% of the Europe phospholipids market share in 2032.
  • China and Japan will hold 9.0% and 4.9% of the global phospholipids market share respectively in 2032.

Read Full Report – https://www.futuremarketinsights.com/reports/phospholipids-market

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