The market is expected to generate an incremental $ opportunity of US$ 9,362.7 Mn between 2022 and 2032
Category: Chemicals & Materials Published Date : October 2022 ID: CVC-0024 Format: PDF Pages: 270
Global Lipid Market Size Analysis
According to a research survey conducted by ChemView Consulting, in 2022, the Global Lipid Market was worth US$ 10,892.1 Mn and is expected to grow at a CAGR of 6.4% over the forecast period. While the historical CAGR is 5.9%, the market is expected to hit US$ 20,254.8 Mn by 2032 end.
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.
GROWING AWARENESS ABOUT THE SUPERIOR FUNCTIONAL PROPERTIES ASSOCIATED WITH LIPIDS
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.
ALLERGIES RELATED TO LIPID IMPEDES THE GROWTH OF THE LIPID MARKET
Growth of the lipid market is anticipated to be hampered by elements like unsuitability for patients with certain medical conditions, fierce competition among raw material suppliers, problems with the sustainability of fisheries, and decreasing catch quotas. During the forecast period, the lipid market is anticipated to face challenges from rising raw material and technology costs.
Market Segments Covered in Report
By Product Type:
By Region and Country:
Which source is anticipated to grow throughout the forecast period?
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. As a result, the market contribution from the plant-based category is anticipated to be substantial.
Which Application is expected to contribute to the maximum sales in Lipids Market?
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.
Severe acute malnutrition (SAM) in children has been successfully treated using lipid-based supplements, particularly in developing nations like India and China. In emergencies, 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 creating functional beverages to boost immunity.
The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa.
To meet customer demand for healthy products, major corporations are investing in the launch of lipid-based organic products. Many players worldwide are developing new nutritious ingredients to increase their presence in the food, beverage, and pharmaceutical industries. They are among the most active firms in the global lipid market.
In the worldwide lipid market, mergers & acquisitions and new product launches are the two most popular techniques. The leading producers on the international market consistently increase both their top and bottom lines. To draw in the lion’s share of customers and satisfy their expanding specialized needs, businesses are increasing the proportion of innovations they safeguard.
The key developments in the Global Lipid Market are:
A list of some of the key suppliers present in the market are:
Global Lipid Market 2022-2032: Report Coverage and Highlights
|Historical data available for||2017-2021|
|Market analysis||USD Million for Value and Tons for Volume, and CAGR from 2022 to 2030|
|Key regions covered||North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa|
|Key countries covered||US, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt|
|Key segments covered||By Source, Application, Product Type, and Region|
|Customization scope||Available upon Request|
|Pricing and purchase options||Available upon Request|