PUBLISHER: IMARC | PRODUCT CODE: 1390918
PUBLISHER: IMARC | PRODUCT CODE: 1390918
The global lipids market size reached US$ 9.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 16.2 Billion by 2028, exhibiting a growth rate (CAGR) of 8.92% during 2022-2028.
Lipids are oily, fatty, and waxy micro biomolecules that are soluble in organic solvents like amines, ethers, ketones, and methanol. They are derived from butter, oil, cheese, olives, corn, nuts, avocados, and other food products. They are mainly categorized into three variants, which include sterols that help in the production of hormones; phospholipids that make a protective layer around the cells to aid maintenance; and triglycerides that reduce inflammation. Lipids assist in serving as structural components of cell membranes, functioning as energy storehouses, and serving as important signaling molecules. Apart from their biological functions, lipids are employed in the production of agrichemicals, hydraulic fluids, inks, solvents, cosmetics and pharmaceutical products.
With rapid urbanization, sedentary lifestyles and the increasing consumption of fast food, there is a considerable rise in the prevalence of obesity and other health-related issues. This is resulting in the growing health consciousness among individuals and the escalating demand for nutritional lipids across the globe. Additionally, several food manufacturing companies are utilizing lipids as a substitute for synthetic flavoring carriers to maintain the taste and smell in their products. This can also be accredited to their excellent functional properties, which include density, hydrogenation, and emulsification. Furthermore, due to the outbreak of coronavirus disease (COVID-19), the demand for lipid-based supplements is significantly rising on account of their health benefits. Apart from this, key players are coming up with nutritional ingredients to expand their reach in the food and beverage (F&B) and pharmaceutical industries. They are also considerably relying on advertisement campaigns, including celebrity endorsements, to increase the overall sales. Moreover, the rising vegan and vegetarian population and the emerging need to add sufficient nutrition to the daily diet are positively influencing the demand for lipid supplements around the world.
IMARC Group provides an analysis of the key trends in each sub-segment of the global lipids market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, source, form and application.
Omega-3 and Omega-6
Phospholipids
Medium Chain Triglycerides
Sterols
Plant
Animal
Powder
Liquid
Dietary Supplements and Nutraceuticals
Infant Formula
Pharmaceutical
Food Fortification
Animal Nutrition
Others
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Archer Daniels Midland Company, BASF SE, Cargill Incorporated, Clover Corporation Limited, Croda International Plc, FrieslandCampina Ingredients, Kerry Group plc, Koninklijke DSM N.V., Nordic Naturals Inc., Omega Protein Corporation (Cooke Inc.) and Polaris.