APAC Lipids Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.28 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
APAC Lipids Market Analysis
Asia-Pacific Lipid Market is projected to register a CAGR of 6.28% during the forecast period 2020 - 2025.
- In the food processing industry, lipids (fats and oils) are increasingly utilized for palatability, satiety, and nutrition. Lipids also contribute prominently to the taste, flavor, and texture components in daily foods. Lipids, along with lipophilic constituents and essential oils, are extensively used in the pharmacy, perfumery, and cosmetics, for the manufacture of lacquers and colors.
- Lipids also form an integrated part of the feed industry, wherein it is increasingly utilized in pet food products, milk replacers, and compound feeds. Apart from improving the taste and appearance of pet foods, lipids also contribute to effective vitamin utilization, facilitate healthy and glossy fur, and improves general performance, health, and well-being of animals.
APAC Lipids Market Trends
This section covers the major market trends shaping the APAC Lipids Market according to our research experts:
Rising Demand for Omega 3 & Omega 6 in Dietary Supplements
Most dietary supplements have a medium concentration of omega-3 capsules. The medium concentration of omega-3 capsules is the most selling consumer product, globally. In medium concentrations, products are in combination with EPA, and DHA. However, some products contain ratios of EPA, DHA, and ALA. Companies, such as, Nordic Natural, have a product algae omega with the total omega fatty acid concentration of 55%, which falls under the medium range of concentration, which in turn boosting the dietary supplements market in the region.
India Holds a Promineant Share in the market Studied
India is the largest producer of processed food in the Asia-Pacific region and the consumption of these processed foods has also increased, due to the growing economy and urbanization. The food lipid market is dominated by small-scale industries such as, confectionery, snack & sweet, beverage, and some multinational industries. The pharmaceutical industry is utilizing lipids topical agent, emollient, soothing agent, and demulcent, which is driving the overall lipid market in the region.
APAC Lipids Industry Overview
The lipid market in Asia- Pacific region is a highly competitive market with the various number of manufacturers of players trying to allure the consumers with their diverse offerings. Some of the major players in the market studied are Cargill Incorporated, Archer Daniels Midland Company, Avanti Polar Lipids, Lasenor Emul among others.
APAC Lipids Market Leaders
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Cargill Incorporated
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Koninklijke DSM N.V.
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BASF SE
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Avanti Polar Lipids
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Kerry Group plc
*Disclaimer: Major Players sorted in no particular order
APAC Lipids Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables and Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Product Type
- 5.1.1 Omega 3 & Omega 6
- 5.1.2 Medium-Chain Triglycerides (MCTs)
- 5.1.3 Others
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5.2 By Application
- 5.2.1 Functional Food and Beverages
- 5.2.2 Infant Nutrition
- 5.2.3 Pharmaceuticals
- 5.2.4 Dietary Supplements
- 5.2.5 Animal Feed and Pet Food
- 5.2.6 Cosmetics
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5.3 By Geography
- 5.3.1 China
- 5.3.2 Australia
- 5.3.3 Japan
- 5.3.4 India
- 5.3.5 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Position Analysis
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6.3 Company Profiles
- 6.3.1 Cargill Incorporated
- 6.3.2 Archer Daniels Midland Company
- 6.3.3 BASF SE
- 6.3.4 Avanti Polar Lipids
- 6.3.5 Lasenor Emul
- 6.3.6 Koninklijke DSM N.V.
- 6.3.7 Stern-Wywiol Gruppe GmbH & Co. KG
- 6.3.8 Kerry Group plc
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityAPAC Lipids Industry Segmentation
Asia Pacific Lipid Market is segmented by product type, application, and geography. On the basis of product type, the market is segmented into omega 3 and omega 6, medium-chain triglycerides (MCTs), and other product types. On the basis of application, the market is segmented into functional food and beverages, infant nutrition, pharmaceuticals, dietary supplements, animal feed, and pet food, and cosmetics., Based on geography, the report provide a regional analysis, which includes China, Australia, Japan, India, Rest of Asia-Pacific.
By Product Type | Omega 3 & Omega 6 |
Medium-Chain Triglycerides (MCTs) | |
Others | |
By Application | Functional Food and Beverages |
Infant Nutrition | |
Pharmaceuticals | |
Dietary Supplements | |
Animal Feed and Pet Food | |
Cosmetics | |
By Geography | China |
Australia | |
Japan | |
India | |
Rest of Asia-Pacific |
APAC Lipids Market Research FAQs
What is the current Asia-Pacific Lipids Market size?
The Asia-Pacific Lipids Market is projected to register a CAGR of 6.28% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Lipids Market?
Cargill Incorporated, Koninklijke DSM N.V., BASF SE, Avanti Polar Lipids and Kerry Group plc are the major companies operating in the Asia-Pacific Lipids Market.
What years does this Asia-Pacific Lipids Market cover?
The report covers the Asia-Pacific Lipids Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Lipids Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia-Pacific Lipids Industry Report
Statistics for the 2024 Asia-Pacific Lipids market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Lipids analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.