The global lecithin market was valued at $787.7 million in 2014, and it is expected to grow with a CAGR of 5.4% during 2015 - 2020. The factors driving the growth of the global lecithin market include increasing demand for low fat and convenience foods, and high flexibility and multifunctional nature of lecithin. The high flexibility and multifunctional nature of lecithin increases its adoption among end-user industries, such as food, nutrition and health, and cosmetics.