Lipid Nutrition Market
Lipid Nutrition Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Omega-3, Omega-6, Medium Chain Triglycerides (MCTs), Others (sphingolipids, Omega-7, and Omega-9)
- By Source Plant, Animal
- By Form Powder, Liquid
- By Application Dietary supplements & nutraceuticals, Infant formula, Pharmaceutical, Food fortification, Animal nutrition, Others (personal care, flavors, and industrial)
- By Region North America, Asia Pacific, Europe, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 10.89 Billion |
Revenue 2030: | USD 21.54 Billion |
Revenue CAGR (2023 - 2030): | 8.90% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
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Market Synopsis:
Global Lipid Nutrition Market valued at USD 10.89 Billion in 2022 and is projected to reach a value of USD 21.54 Billion by 2030 at a CAGR of 8.90% over the forecast period.
The Lipid Nutrition market is witnessing substantial growth during the forecast period owing to the rising incidence of cardiovascular diseases and obesity. Moreover, increasing demand for lipids from the food and beverage industry, changing the daily diet habits of the consumers, and increasing inclination towards healthy food items are the major factors projected to propel the growth of the Lipid Nutrition market during the forecast period. The benefits of crucial fats are estimated to drive the growth of the Lipid Nutrition market globally as the rapid growth in the changing lifestyle associated with the disorders and diseases are increasing, and customers are looking for more comfortable ways to acquire their daily nutritional needs. In addition, the vegan source of Lipid Nutrition is also fueling the Lipid Nutrition market growth due to the large part of the population depending on the vegan source of food and essential lipids in their daily diet. However, the finite supply of fish oil and uncertain regulatory environment is expected to hamper the growth of the Lipid Nutrition market during the forecast period. However, the rising emergence of the eminence sources of the raw material delivers a significant opportunity for the growth of the Lipid Nutrition market in the coming years.
Lipid Nutrition Market Size, 2022 To 2030 (USD Billion)
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The Omega-3 Segment is Projected to Hold the Largest Share During the Forecast Period
On the basis of type, the Omega-3 segment in the Lipid Nutrition market is projected to acquire the largest share of the market during the forecast period. The increase in the awareness among the consumers associated with preventive medical products and the health benefits of omega-3 is estimated to drive the growth of the omega-3 segment in the Lipid Nutrition market during the forecast period.
The Animal Source is Expected to Dominate the Lipid Nutrition Market
On the basis of source, the animal segment is predicted to dominate the Lipid Nutrition market and is going to continue dominating. The increasing demand for omega-3 and various different other fish oil-rich products due to the EPA and DHA content has promising enhancement of the overall demand of the industry during the forecast period.
Asia Pacific Region is Predicted to Continue its Dominance Paired with Fastest Growth in the Global Lipid Nutrition Market
The Asia Pacific region is projected to witness substantial growth during the forecast period. The growth of this region is primarily attributed to the huge growth in dietary supplements and the pharmaceutical industry in emerging technologies such as China and India. Moreover, the rising health concerns among infants and women has improved the regional demand for nutritional lipids. In addition, the Asia Pacific region is experiencing the highest growth rate owing to the growth in the disposable income of the consumers and their increasing awareness about the healthy diet. This situation has led to a growth in the demand for all types of Lipid Nutrition products across all the application segments globally. The pharmaceuticals application segment is estimated to grow at the highest rate during the forecast period due to the rising occurrences of lifestyle diseases in the Asia Pacific region.
Competitive Landscape:
The Lipid Nutrition market is highly fragmented in nature due to the presence of key players in the market during the forecast period. Some of the major key players in the market are Koninklijke DSM N.V., BASF SE, Nordic’s Naturals Inc., Croda International Plc, Cargill, Archer Daniels Midland Company, Kerry Group plc, FMC Corporation, Neptune Wellness Solutions, Aker BioMarine AS, Omega Protein Corporation, FrieslandCampina, Polaris Nutritional Lipids..
Lipid Nutrition Market is Segmented as Follows:
Parameter
Details
Segments Covered
By Type
By Source
By Form
By Application
By Region
Regions & Countries Covered
Companies Covered
Report Coverage
Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST
analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market
attractiveness analysis by segments and North America, company market share analysis, and COVID-19
impact analysis
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Lipid Nutrition Market is Tabulated as Follows:
FAQ
Frequently Asked Question
What is the global demand for Lipid Nutrition in terms of revenue?
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The global Lipid Nutrition valued at USD 10.89 Billion in 2022 and is expected to reach USD 21.54 Billion in 2030 growing at a CAGR of 8.90%.
Which are the prominent players in the market?
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The prominent players in the market are Koninklijke DSM N.V., BASF SE, Nordic’s Naturals Inc., Croda International Plc, Cargill, Archer Daniels Midland Company, Kerry Group plc, FMC Corporation, Neptune Wellness Solutions, Aker BioMarine AS, Omega Protein Corporation, FrieslandCampina, Polaris Nutritional Lipids..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 8.90% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Lipid Nutrition include
- Need to Meet Nutritional Requirements of an Ageing Population
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Lipid Nutrition in 2022.