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.
Lipids are naturally-occurring organic molecules that are basically fats and are energy-rich components. Lipid nutrition is essential in daily diet for improving metabolism and proper functionality of the body. Lipid nutrition is used as an ingredient for production of dietary supplements, nutraceuticals, and infant formulae, as well as in animal feed and pet food, which helps to increase lipid content in the animals and improve their health.
Major factors expected to drive market growth include shifting preference of individuals towards veganism, and high number of vegetarian population globally, clubbed with need for apt option for vegans and vegetarians to provide human body with essential nutrition. Some of the lipid nutrition are obtained from vegan sources, and this coupled with growing vegan population leading to deprivation of essential lipids in their diet are expected to boost demand for lipid nutrition among vegans.
Lipids offer essential fatty acids required by the body for health and proper growth, which is expected to drive growth of the global lipid nutrition market. Increasing prevalence of lifestyle-related diseases and disorders, especially in urban population, hectic work life and stress leading to depression, and unhealthy eating habits are resulting in need for supplements to overcome deficiency in the body. In addition, lipid nutrition is easy way of obtaining daily required nutrition. These are some more major factors expected to boost demand for lipid nutrition and drive revenue growth of the global lipid nutrition market.
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Further key findings from the report suggest
- Based on application, infant formula is expected to grow at the highest CAGR of 10.5%. Lipid nutrition is the main energy source in the infant diet, and are necessary for normal growth and physical activity.
- Based on the source, the plant-based segment is expected to grow at a higher CAGR during the forecast period owing to the shift in vegan food preference.
- Lipid nutrition is extensively used in food and beverages owing to their flavor and odor enhancing properties.
- Lipid oxidation which leads to nutritional loss and stringent regulations with respect to food ingredients used in lipid nutrition products are likely to hinder the market growth during the forecast period.
- As of 2018, Omega-3 segment dominates the global lipid nutrition market with 33.3% owing to their various health benefits. Lipid nutrition improves eye health and brain health and is also found effective for depression and anxiety.
- Middle-class consumers in developing regions such as China and India are showing a positive interest in nutrition and supplements due to urbanization and increasing income levels which supports the market growth significantly
- North America regional segment was valued at USD 2.15 Billion in 2018, owing to the growing demand for 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.
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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)
- Omega 3
- Omega 6
- Medium Chain Triglycerides (MCTs)
- Others
Source Type (Revenue, USD Million; 2018–2028)
- Plant
- Animal
Form (Revenue, USD Million; 2018–2028)
- Liquid
- Powder
Application (Revenue, USD Million; 2018–2028)
- Dietary supplements & nutraceuticals
- Infant formula
- Pharmaceutical
- Food fortification
- Animal nutrition
- Others
Regional Outlook (Revenue in USD Million; 2018–2028)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of the Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
- Brazil
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