Market Size of Lipid Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 9.18 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Lipid Market Analysis
The global lipid market is projected to grow at a CAGR of 9.18% during the forecast period (2020 - 2025).
- The increasing demand for nutritional lipids and expanding the commercial scope of the lipid market is expected to drive the market studied. Obesity and overweight are increasing in epidemic proportions throughout the developed and developing worlds and are one of the most important growing threats to the health of populations.
- Due to the ongoing pandemic COVID-19, the demand for lipid-based supplements has seen significant growth owing to their health beneficial properties. Moreover, a United States-based pharmaceutical company, Moderna Inc, has extended a deal with Corden Pharma to secure large volumes of the lipids used to produce its experimental COVID-19 vaccine in a bid to meet the increasing demand for the medicine.
- There has been an increasing emergence of novel lipids form in the last decade that has shown tremendous potential for medical and nutritional applications thus, novel lipids are expected to boost the market in the years to come.
Lipid Industry Segmentation
The global lipid market is segmented based on product type, application, and geography. In the product type segment, the market has omega 3 & omega 6, medium-chain triglycerides (MCTS), and others. Based on the application, the market is segmented into food & beverage, nutrition & supplements, feed, pharmaceuticals, and others. The nutrition & supplements segment, followed by the food & beverage segment, is the leading market in terms of segmentation by the application.
| By Product Type | |
| Omega 3 & Omega 6 | |
| Medium-Chain Triglycerides (MCTs) | |
| Others |
| By Application | |
| Food & Beverage | |
| Nutrition & Supplements | |
| Feed | |
| Pharmaceuticals |
| By Geography | |||||||||
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Lipid Market Size Summary
The global lipid market is experiencing significant growth, driven by the increasing demand for nutritional lipids and the expanding commercial applications of lipids. The rise in obesity and overweight issues worldwide has heightened the focus on health, further propelling the market. The COVID-19 pandemic has also contributed to this growth, as lipid-based supplements gained popularity for their health benefits. Notably, pharmaceutical companies like Moderna Inc. have secured large volumes of lipids for vaccine production, underscoring the critical role of lipids in healthcare. The emergence of novel lipid forms over the past decade has opened new avenues for medical and nutritional applications, promising to further boost the market in the coming years.
Lipid-based nutrient supplements (LNS) are gaining traction, particularly in managing malnutrition in children, although their effectiveness compared to other supplements remains debated. Factors such as urbanization, food habits, and education levels influence lipid consumption, with regions like Southeast Asia seeing rapid growth due to high palm oil production and consumption. The market is highly competitive, with major players like Royal DSM, Cargill Inc, and Archer Daniels Midland actively expanding their presence in the food, beverage, and pharmaceutical sectors. These companies are focusing on mergers, acquisitions, and new product launches to capture a larger market share, leveraging innovations to meet the evolving consumer demands.
Lipid Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porters 5 Force Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Product Type
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2.1.1 Omega 3 & Omega 6
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2.1.2 Medium-Chain Triglycerides (MCTs)
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2.1.3 Others
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2.2 By Application
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2.2.1 Food & Beverage
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2.2.2 Nutrition & Supplements
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2.2.3 Feed
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2.2.4 Pharmaceuticals
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2.3 By Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Russia
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2.3.2.5 Italy
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2.3.2.6 Spain
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2.3.2.7 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 India
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2.3.3.2 China
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2.3.3.3 Australia
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2.3.3.4 Japan
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle East
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2.3.5.1 South Africa
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2.3.5.2 Saudi Arabia
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2.3.5.3 Rest of Middle East & Africa
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Lipid Market Size FAQs
What is the current Lipid Market size?
The Lipid Market is projected to register a CAGR of 9.18% during the forecast period (2024-2029)
Who are the key players in Lipid Market?
Koninklijke DSM N.V., Cargill, Incorporated, Omega Protein Corporation, BASF SE and Archer Daniels Midland Company are the major companies operating in the Lipid Market.
