Lipids Market: Global Industry Analysis and Forecast (2024-2030)

Lipids Market was valued at US$ 11.07 Bn. in 2023 and the total Lipids revenue is expected to grow at 9.3% from 2024 to 2030, reaching nearly US$ 20.63 Bn.
Lipids Market Overview:
Lipids are used to store energy in fat cells & 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 for Lipids is expected to grow due to consumer preference for chemically stable goods that contain unsaturated fatty acids.To know about the Research Methodology :- Request Free Sample Report

The use of soybean oil in products decreased significantly when the U.S. Food and Drug Administration (FDA) made labelling of products containing trans fatty acids required. Since the use of trans fatty acids has significantly decreased, brands are concentrating on creating healthy fats. It is expected that the market would increasingly use functional lipids, which are healthier for ingestion while retaining identical sensory properties. Lipids increase the shelf life of items, assisting in the maintenance of oxidative stability. As a result, the market for lipids is expected to have strong growth at a 9.3% CAGR over the forecast period.
Lipids Market Report Scope:
The Lipids market is segmented based on Product Source, Product, Application, and Region. The growth of various segments helps report users in acquiring knowledge of the many growth factors expected to be prevalent throughout the market and develop different strategies to help identify core application areas and the gap in the target market. The report provides an in-depth analysis of the market and contains meaningful insights, facts, historical data, and statistically supported and industry-validated market statistics. It also includes estimates based on an appropriate set of assumptions and methodologies.

A bottom-up approach has been used to estimate the market size. Key Players in the Lipids market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research included a review of annual and financial reports of leading manufacturers, while primary research included interviews with important opinion leaders and industry experts such as skilled front-line personnel, entrepreneurs, and marketing professionals. Some of the leading key players in the global Lipids market include Merck Millipore Ltd, Avanti Polar Lipids, ABITEC Corporation, Chemi S.p.A, Tokyo Chemical Industry Co.Ltd, Stepan Company, Archer Daniels Midland Company.

The Lipids Market report is not only a representation of global players but also covers the market holding of local players in each country. Market structure by country with market holding by market leaders, market followers, and local players make this report a comprehensive and insightful industry outlook. The report has covered the mergers and acquisitions, strategic alliances, joint ventures, and partnerships happening in the market by region, by investment, and their strategic intent.
Lipids Market Dynamics:
Increasing use of lipids in pharmaceutical applications & drug development driving the lipids market towards the north

Due to their increasing use in drug development & many other pharmaceutical applications, lipids are expected to see an increase in demand during the forecast period. In particular, it was one of the essential components used in the making of COVID-19 vaccines in the year 2023. In the pharmaceutical business, they are considered as essential active ingredients for the production of the majority of pharmaceutical formulations. Growing health concerns and the importance of medications are expected to boost the demand for medicines, which will present profitable growth prospects for lipids market during the forecast period. Rising consumption of nutrition & supplements coupled with increased public awareness regarding health & fitness.

The segment is driven by consumers that need to maintain & satisfy their daily nutritional supplies. Lipids in the diet affect the food's texture, flavor, & caloric content. It plays many of roles in the human body like the absorption of fat-soluble nutrients & vitamins as a source of stored energy.
Top Countries in Total Pharmaceutical Spending 2019



Countries
(US Dollars Per Capita)


United States
1,259.55


Germany
903.12


Switzerland
900.43


Canada
879.28


Japan
852


Belgium
748


Australia
690


France
680


South Korea
677


Austria
676.91



Rising Awareness about Health Benefits to boost Lipids Adoption in Daily Diet

According to MMR, North America is expected to be the lipids market that will be the most lucrative globally. This is because increasing health awareness encourages people to include lipids in their regular meals. Lipids serve as a fuel source and give the body the energy it needs. Lipids help the body maintain its nutritional needs. The demand for lipids is expected to increase as functional lipids become more widely available in the United States and Canada to lower the risk of heart-related disorders. According to MMR, the U.S. lipid market is expected to grow to a size of around US$ xx billion in the year 2023, or roughly xx% of the global lipid industry.

To meet customer demand for healthy products, major corporations are investing in the launch of lipid-based organic products.

Major companies are making investments in technology development to cater to a wider spectrum of customers. A piece of artificial intelligence software was created by The Kerry Group. Real-time trend monitoring can provide businesses an advantage in the fiercely competitive food and beverage sector. For food and beverage firms, the Kerry Trendspotter is a technology that gathers customer insights and forecasts product development. Consumer research is captured in real-time by this technology, which was developed in partnership with IBM Watson.

Increased Palm Oil Consumption in Malaysia to Accelerate the Growth of the Lipids Market

Asia Pacific is expected to be a promising market for the lipid sector due to a rise in consumer spending capacity. Due to the simple access to palm oil, which is eaten on a regular basis, the need for lipid products is expected to increase in Malaysia. As a result of the large amount of lipids, it is expected that demand for lipids in the form of palm oil will increase. Lipids like cocoa butter have several uses, especially in the baking industry. According to MMR, the lipids market would make up about xx% of the global lipid market in the year 2023 and be worth US$ xxMn.

Application of Lipids in Cosmetic Products & Increased Export Activities to Drive the Lipids Demand

Many major cosmetic companies with lipid-based products that are sold all over the world are based in Europe. As the demand for lipid-based supplements and beverages is forecast to rise, exports of cosmetic items from the UK, France, and Italy are anticipated to soar. As a result, major companies in Germany and the UK are investing in technology to create new goods that offer a variety of functional advantages. Over the forecast period, this is expected to support the demand for lipids in Germany and the U.K.
Lipids Market Segment Overview:
Consumption of lipid-based nutrient supplements will result in increased demand for lipids in food and beverages

The food and beverage held xx% share of the global lipids market in 2023. Lipid-based nutrient supplements (LNS) are a line of lipid-based, genetically enhanced products that resemble ready-to-eat therapeutic foods. Severe acute malnutrition (SAM) in children has been successfully treated using lipid-based supplements, particularly in developing nations like India and China. In emergency situations, smaller doses of LNS have become more popular for preventing malnutrition and providing pregnant and breastfeeding women with a nutritious diet. With the support of these factors, the demand for lipids is anticipated to increase due to their use in the creation of functional beverages to increase immunity.

E-commerce sector growth will increase demand for lipids.

Sales are expected to be boosted by the availability of lipid-based goods across a variety of industries, including pharmaceutical, cosmetic, food, and beverage. Online marketplaces have simplified the process for customers to select from a wide range of goods and brands. Businesses are improving website interfaces and engaging with customers individually by utilizing artificial intelligence and machine learning capabilities. In order to draw customers and differentiate themselves from the competition, a number of online portals provide discounts and offers. The online distribution channel is expected to grow at a rate of xx% CAGR over the forecast period and expected to hold xx% of market sales by 2029. Key companies are also working with top online retailers like Amazon and Flipkart to give clients doorstep delivery and take advantage of consumers' rising preference for online sales channels.
Lipids Market Regional Overview:
With xx% revenue share, Asia Pacific dominated the lipid market in the year 2023. This is attributed by the rise in demand for medications, functional foods, functional beverages, and nutritional supplements, among other things. People's priorities and way of life have undergone tremendous transformation as a result of the pandemic epidemic. More people in the Asia Pacific region than ever before are concerned about their health today. Due to the growing health concerns in Asia Pacific, consumption of nutritional supplements, functional food products, and medications, among other things, has dramatically expanded over the past few years and is expected to do so going forward.

COVID-19 had a significant impact on North America, with the United States recording the highest number of fatalities worldwide. Because of this, more North Americans are aware of the need to take stringent precautions and eat foods that strengthen the immune system. As a result, functional foods and dietary supplements are now an integral part of most people's daily diets in North America. During the forecast period, it is anticipated that rising dietary supplement and functional food consumption in North America will fuel the market for lipids.
Lipids Market Report Scope: Inquire before buying



Lipids Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 11.07 Bn.


Forecast Period 2024 to 2030 CAGR:
9.3%
Market Size in 2030:
US $ 20.63 Bn.


 Segments Covered:
by Product source
Marine
Plant


by Product
Omega-3
MCT
Omega-6
Others


by Application
Pharmaceuticals
Food
Personal Care & Cosmetics



Lipids Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Lipids Market, Key Players  are:
1.BioNTech SE (Germany)
2.Merck Millipore Ltd (Germany)
3. BASF SE (Germany)
4. Lipoid GmbH (Germany)
5. CordenPharma International (Germany)
6. Gattefossé (France)
7. Koninklijke DSM N.V. (Netherlands)
8. Kerry Group plc (Ireland)
9. Avanti Polar Lipids (US)
10. ABITEC Corporation (US)
11.Stepan Company (US)
12. Matreya LLC (US)
13. Cargill Incorporated (US)
14. Omega Protein Corporation (US)
15. CD Bioparticles (US)
16. Cayman Chemical Company (US)
17. Curia Global Inc (US)
18.Precision NanoSystems (Canada)
19.Tokyo Chemical Industry Co. Ltd. (Japan)
20. Nippon Fine Chemicals Co. Ltd. (Japan)
21. Wilmar International Limited (Singapore)
22. Sonic Biochem Extractions (India)
23. VAV Life Sciences Pvt Ltd. (India)

FAQs:

1. Which is the potential market for the Lipids in terms of the region?
Ans. Asia Pacific region holds the highest share in 2023.

2. What is the growth rate of Global Lipids Market?
Ans. The Global Lipids Market is growing at a CAGR of 9.3% during forecasting period 2024-2030.

3. What is scope of the Global Lipids market report?
Ans. Global Lipids Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Lipids market?
Ans. The important key players in the Global Lipids Market are – Merck Millipore Ltd, Avanti Polar Lipids, ABITEC Corporation, Tokyo Chemical Industry Co.Ltd, Stepan Company, Archer Daniels Midland Company, NOF Corporation, Cayman Chemical, Matreya LLC, and Lipoid GmbH.

5. What segments are covered in the Lipids Market report?
Ans. The segments covered are Product source, Product, Application and, Region.