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Contact SupplierIt's generally used as an emulsifier, or lubricant, when added to food, but also has uses as an antioxidant and flavor protector. Like many food additives, soy lecithin isn't without controversy. A natural phospholipid from soybean, Liquid Soy Lecithin (E322) is an emulsifying agent that helps fat and water stay together. It is often added to foods, such as chocolate, cheese, margarine, and salad dressing. It has health benefits such as reducing cholesterol level.