Lipid Market Overview
According to a research survey conducted by ChemView Consulting, the current valuation of the Global Lipid Market is worth US$ 10,892.1 Mn in 2022. The market value of stainless steel is expected to reach US$ 20,254.8 Mn by 2032, growing at a CAGR of 6.4% over the forecast period.
Lipids store energy in fat cells and as a source of energy. They play important structural roles in cellular membranes. The movement of water, ions, and other molecules into and out of cells is controlled by this membrane. Lipid-soluble vitamins A, D, E, and K support the regulation of numerous biological functions, including the transport and adsorption of vitamins.
Additionally, lipids serve as shock absorbers to safeguard critical organs and insulate the body from temperature changes. Food and beverage items using active lipid components are in high demand. Demand in the market is anticipated to increase due to consumer preference for chemically durable goods that contain unsaturated fatty acids.
ChemView Consulting has analyzed that due to growing urbanization, sedentary lifestyles, and increased fast food consumption, obesity and other health-related problems are on the rise. As a result, people are becoming more health concerned, and there is a rising demand for dietary lipids worldwide. To preserve the flavor and aroma of their products, many food manufacturing companies are also substituting lipids for synthetic flavoring carriers. Their higher functional qualities, such as density, hydrogenation, and emulsification, are to blame for this.
Market dominance and a bigger proportion were attributed to the plant-based segment. Inhibiting artery hardening, reducing muscle pain, and improving the physical conditions of the brain, hearts, and other body parts that became inflamed, bloated, hot, and painful due to response or infection are all benefits of plant-based lipids. As a result, the market contribution from the plant-based category is anticipated to be substantial.
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Segments Covered in Report
By Source:
- Animal-Based
- Plant-Based
By Application:
- Food & Beverage
- Nutrition & Supplements
- Pharmaceuticals
- Cosmetics
By Product Type:
- Omega 3 & Omega 6
- Medium-Chain Triglycerides (MCTs)
- Others
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Key Takeaways from the Lipid Market
- Based on the source, market dominance and a bigger proportion were both attributed to the plant-based segment. Inhibiting artery hardening, reducing muscle pain, and improving the physical conditions of the brain, hearts, and other body parts that became inflamed, bloated, hot, and painful due to response or infection are all benefits of plant-based lipids.
- Based on application, the food and beverage sector dominated the global lipid market which held a 55.5% application-based market share. Lipid-based nutrient supplements (LNS) are a line of lipid-based, genetically enhanced products that resemble ready-to-eat therapeutic foods.
- With a market share of 26.3%, North America is anticipated to be the most lucrative region in the worldwide lipids market. Increasing health awareness encourages people to include lipids in their regular meals.
Competition Summary
Key companies covered in the market study are DSM, Polaris, ADM, Stepan Company, BASF SE, Solutex GC, Smith & Zoon, FMC Corporation, Pharma Marine AS, Croda International Plc, Cargill, Incorporated, Aker Bio Marine, Clover Corporation, Omega Protein Corporation, Lonza Group AG, GC Rieber Oil A/S, Kerry, Cellana Inc., Nordic’s Naturals Inc.
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Report Key Highlights
- Detailed information on factors that will assist Global Lipid’s growth during the next ten years
- Assessment of the historical and current Global Lipid Market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
- The growth of the market across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
- Segment-wise, country-wise, and region-wise market analysis
- Key drivers, restraints, opportunities, and key emerging trends impacting market growth
- Predictions on critical supply, demand, and technological trends and changes in consumer behavior
- Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
- Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
- Covid-19 impact on the market and how to navigate
- Strategic market analysis and recommendations on crucial winning strategies
About ChemView Consulting
ChemView Consulting is a leading information, market intelligence, and business consulting firm serving worldwide Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy, and Packaging clients. 70% of the largest Forbes 1000 enterprises are our clients. We serve global clients across leading & niche market segments across Chemicals & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging. ChemView Consulting serves clients in approximately 100 countries, with its office in the U.S. and delivery centers in India.
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