According to the current analysis of Reports and Data, the global Lipid Nutrition market was valued at USD 9,295.0 Million in 2020 and is expected to reach USD 18.53 Billion by 2028, at a CAGR of 8.9%. Lipids are a group of non-polar organic compounds. Lipids are categorized into fatty acids, glycerides, prenol lipids, sterol lipids, among others. Living organisms have a dietary requirement for some lipid as lipids play an important role in the energy storage, absorption of essential vitamins such as A, D, and E, and cell signaling. Lipids have a wide range of applications in food & beverages, pharmaceuticals, and personal care industries. Food and beverages account for the major market share in the lipid nutrition market, owing to their flavor and odor enhancing properties and wide application in food items. Lipid infused products are available in both solid and liquid forms and are available in mass retail stores. Rising incidence of cardiovascular diseases and obesity is one of the major factors driving the growth of the lipid nutrition market, thus fostering the growth of the F&B industry. Rising competition amongst market players as well as the demand for high quality products at a lower cost can act as a major challenge for the growth of the market through the forecasted period of 2019 to 2026.
The lipid nutrition market is much fragmented and includes a large number of manufacturing giants as well as emerging players. Additionally, the emerging players have good opportunities to enter the lipid nutrition market, owing to developments in the market and high demand from end-use industries. Market players are adopting strategies such as partnerships, mergers, acquisition, expansion, and product launches in order to maintain their position in the market. For instance, in 2018, Stepan Lipid Nutrition, introduced NEOBEE ProKeto, a low-carb micro-encapsulated C8 MCT oil on a pea protein support.
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Rising prevalence of cardiovascular diseases and obesity worldwide and growing consumer awareness about the health benefits of lipids is likely to drive the global lipid nutrition market. Benefits of essential fats are expected to drive the global lipid nutrition market as rapid growth in lifestyle-related diseases and disorders are increasing globally in urban population, the consumers are opting for easy ways to daily nutritional need. The vegan source of lipid nutrition is also expected to offer growth opportunities to the global lipid nutrition market as the growing vegan population depends on the vegan source of food and thus are deprived of essential lipids in their diet.
Based on regions, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific region is forecasted to grow the fastest over the forecasted period on account of increasing awareness about health and well-being through supplementary diet amongst the consumers in the region. North America region is forecasted to remain the largest region in the market on account of presence of large consumer base in the region for both fortified and dietary supplements in the region.
Key participants include BASF, Nordic’s Naturals, Cargill, Croda International, Archer Daniels Midland Company, FMC Corporation, Kerry Group, and Aker BioMarine, among others.
Further key findings from the report suggest
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For the purpose of this study, Reports and Data have segmented the Lipid Nutrition market on the basis of type, source type, form, application, and region:
Type (Revenue, USD Million; 2018–2028)
Source Type (Revenue, USD Million; 2018–2028)
Form (Revenue, USD Million; 2018–2028)
Application (Revenue, USD Million; 2018–2028)
Regional Outlook (Revenue in USD Million; 2018–2028)
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Key Features of the Lipid Nutrition Market Report:
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