Lipid Nutrition Market Forecasted to Reach $24.71 Billion by 2030


Posted May 3, 2024 by BhavanaMeti

Lipid Nutrition Market by Type (Omega-3, Medium Chain Triglycerides (MCT), Omega-6, Omega-9) Source (Marine, Plant), Form (Liquid, Dry), Application (Dietary Supplements, Food & Beverages, Pharmaceuticals, Animal Feed) - Global Forecast to 2030
 
Meticulous Research®—a leading global market research company, published a research report titled, ‘Lipid Nutrition Market by Type (Omega-3, Medium Chain Triglycerides (MCT), Omega-6, Omega-9) Source (Marine, Plant), Form (Liquid, Dry), Application (Dietary Supplements, Food & Beverages, Pharmaceuticals, Animal Feed) - Global Forecast to 2030.’
According to this latest publication, the global lipid nutrition market is projected to reach $24.71 billion by 2030, with a forecasted CAGR of 8.9% from 2023 to 2030. This growth is primarily attributed to factors such as the increasing prevalence of chronic diseases, the expanding senior population, and the rising demand for infant foods and dietary supplements. However, challenges like the finite supply of fish oil and regulatory uncertainties are expected to hinder market growth to a significant extent.
The report segments the lipid nutrition market by type, source, form, application, and geography, providing a detailed analysis of industry competitors and assessing the market at regional and country levels.
Key Insights:
The omega-3 segment is anticipated to dominate the market in 2023, driven by its benefits in heart disease risk reduction and arthritis management, along with its increasing demand in animal feed.
Plant-sourced lipids are expected to witness the highest CAGR during the forecast period, fueled by growing health awareness, a rise in vegetarianism, and the abundance of essential lipids in plant sources.
Liquid lipid forms are forecasted to hold a larger market share in 2023 due to their use in soft gel capsule development, ease of consumption, and cost-effectiveness.
The dietary supplements segment is projected to lead the market in 2023, supported by increasing demand from food manufacturers, a surge in product launches, and growing health consciousness.
Regionally, North America is expected to dominate the market in 2023, driven by key manufacturers, a growing vegan population, significant R&D investments, and high disposable income.
Key Players:
The global lipid nutrition market features both large and small players. Major companies include Koninklijke DSM N.V., Polaris Nutritional Lipids, Archer Daniels Midland Company, Stepan Company, BASF SE, Solutex GC S.L., FMC Corporation, Pharma Marine AS, Croda International Plc., Cargill, Incorporated, Aker Biomarine ASA, Clover Corporation, Omega Protein Corporation, Lonza Group AG, GC Rieber Oil AS, Kerry Group, Cellana Inc, and Nordiac Naturals, Inc.
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Key Questions Addressed:
What is the current market value of the global lipid nutrition market?
What is the projected growth rate of the lipid nutrition market for the next 5–7 years?
What are the historical market sizes and growth rates?
What are the major factors influencing market growth globally and regionally, and what opportunities exist for players?
Which segments create significant traction for manufacturers?
What are the key geographical trends, and which regions offer growth opportunities?
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Categories Food , Nutrition , Reports
Tags lipid nutrition market , lipid nutrition , omega3 lipid nutrition , omega6 lipid nutrition , omega9
Last Updated May 3, 2024