Lipid Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 9.18 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Europe |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Lipid Market Analysis
The global lipid market is projected to grow at a CAGR of 9.18% during the forecast period (2020 - 2025).
- The increasing demand for nutritional lipids and expanding the commercial scope of the lipid market is expected to drive the market studied. Obesity and overweight are increasing in epidemic proportions throughout the developed and developing worlds and are one of the most important growing threats to the health of populations.
- Due to the ongoing pandemic COVID-19, the demand for lipid-based supplements has seen significant growth owing to their health beneficial properties. Moreover, a United States-based pharmaceutical company, Moderna Inc, has extended a deal with Corden Pharma to secure large volumes of the lipids used to produce its experimental COVID-19 vaccine in a bid to meet the increasing demand for the medicine.
- There has been an increasing emergence of novel lipids form in the last decade that has shown tremendous potential for medical and nutritional applications thus, novel lipids are expected to boost the market in the years to come.
Lipid Market Trends
This section covers the major market trends shaping the Lipid Market according to our research experts:
Nutrition & Supplements Segment Continue to Witness Significant Growth
The term 'lipid-based nutrient supplements' (LNS) refers generically to a range of fortified, lipid-based products, including products like Ready-to-Use-Therapeutic Foods (RUTF) (a large daily ration with relatively low micronutrient concentration) as well as highly-concentrated supplements (1-4 teaspoons/day, providing < 100 kcal/day) to be used for 'point-of-use' fortification and RUTF have been successfully used for the management of severe acute malnutrition (SAM) among children in emergency settings. LNS has been used to treat moderate acute malnutrition; however, there is no consensus on it being more effective than CSB (Corn soy blend). LNS is given in smaller doses, more so because they are more concentrated. These supplements are designed to provide 50 to 100% of the day's energy requirements.
Asia-Pacific is the Fastest Growing Region
The physical environment, local availability of fats and oils, food habits, and level of education, are some other factors that affect the overall consumption of fats. For instance: in Bangladesh, the consumption of fats in urban areas is higher than in rural areas, owing to the tremendous increase in urbanization and lifestyle changes in the past few years, owing the region is has accounted for rapid growth. The Southeast Asian countries, particularly Malaysia and Indonesia, are bigger producers and consumers of palm oil, owing to its high availability and relatively low costs. Lipids, such as cocoa butter (in chocolates), coconut oil, palm oil, and mango kernel oils are gaining popularity in Japan owing to its versatile application in the food & beverage industry.
Lipid Industry Overview
The global lipid market is highly competitive, as different players across the world are coming up with nutritional ingredient in order to expand their reach in food, beverage, and pharmaceutical industries and the most active companies in the global lipid market are Royal DSM, Cargill Inc, Croda International PLC, and Archer Daniels Midland, which in the global market are targeting the native markets, like Asia-Pacific, where the bar of awareness regarding the health concerns is on the rise. Mergers and acquisitions, followed by new product launches are the most preferred strategies in the global lipid market. The major manufacturers in the global market are delivering consistent top and bottom-line growth. The companies are increasing the proportion of protecting innovations as a strategy to attract the major share of the consumers and meet their growing specific demands.
Lipid Market Leaders
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Koninklijke DSM N.V.
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Cargill, Incorporated
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Omega Protein Corporation
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BASF SE
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Archer Daniels Midland Company
*Disclaimer: Major Players sorted in no particular order
Lipid Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables and Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porters 5 Force Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Product Type
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5.1.1 Omega 3 & Omega 6
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5.1.2 Medium-Chain Triglycerides (MCTs)
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5.1.3 Others
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5.2 By Application
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5.2.1 Food & Beverage
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5.2.2 Nutrition & Supplements
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5.2.3 Feed
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5.2.4 Pharmaceuticals
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5.3 By Geography
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5.3.1 North America
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5.3.1.1 United States
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5.3.1.2 Canada
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5.3.1.3 Mexico
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5.3.1.4 Rest of North America
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5.3.2 Europe
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5.3.2.1 Germany
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5.3.2.2 United Kingdom
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5.3.2.3 France
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5.3.2.4 Russia
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5.3.2.5 Italy
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5.3.2.6 Spain
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5.3.2.7 Rest of Europe
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5.3.3 Asia-Pacific
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5.3.3.1 India
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5.3.3.2 China
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5.3.3.3 Australia
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5.3.3.4 Japan
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5.3.3.5 Rest of Asia-Pacific
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5.3.4 South America
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5.3.4.1 Brazil
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5.3.4.2 Argentina
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5.3.4.3 Rest of South America
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5.3.5 Middle East
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5.3.5.1 South Africa
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5.3.5.2 Saudi Arabia
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5.3.5.3 Rest of Middle East & Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Strategies Adopted by Key Players
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Cargill Incorporated
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6.4.2 Archer Daniels Midland Company
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6.4.3 BASF SE
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6.4.4 Solutex
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6.4.5 Clover Corporation
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6.4.6 Koninklijke DSM N.V.
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6.4.7 Omega Protein Corporation
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6.4.8 Kerry Group
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. IMPACT OF COVID-19 ON THE MARKET
Lipid Industry Segmentation
The global lipid market is segmented based on product type, application, and geography. In the product type segment, the market has omega 3 & omega 6, medium-chain triglycerides (MCTS), and others. Based on the application, the market is segmented into food & beverage, nutrition & supplements, feed, pharmaceuticals, and others. The nutrition & supplements segment, followed by the food & beverage segment, is the leading market in terms of segmentation by the application.
By Product Type | |
Omega 3 & Omega 6 | |
Medium-Chain Triglycerides (MCTs) | |
Others |
By Application | |
Food & Beverage | |
Nutrition & Supplements | |
Feed | |
Pharmaceuticals |
By Geography | |||||||||
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Lipid Market Research FAQs
What is the current Lipid Market size?
The Lipid Market is projected to register a CAGR of 9.18% during the forecast period (2024-2029)
Who are the key players in Lipid Market?
Koninklijke DSM N.V., Cargill, Incorporated, Omega Protein Corporation, BASF SE and Archer Daniels Midland Company are the major companies operating in the Lipid Market.
Which is the fastest growing region in Lipid Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Lipid Market?
In 2024, the Europe accounts for the largest market share in Lipid Market.
What years does this Lipid Market cover?
The report covers the Lipid Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Lipid Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Lipid Industry Report
Statistics for the 2024 Lipid market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Lipid analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.