North America Lipid Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.16 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Lipid Market Analysis
North American Lipid Market is projected to register a CAGR of 5.16% 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.
North America Lipid Market Trends
This section covers the major market trends shaping the North America Lipid Market according to our research experts:
Rising Awareness on the Nutritional Importance of lipids
The growing awareness regarding the nutritional and functional importance of lipids is primarily driving the market studied. Dietary lipids (mainly triacylglycerols) are the concentrated dietary source of fuel, contributing to 15-50% of the body energy requirements. The vital role that lipids play in the enrichment of the body and sustaining health cannot be replicated by any other class of nutrients.
Furthermore, Consumers are becoming increasingly aware of the dietary importance of lipids. A certain class of functional lipids is gradually recognized for providing enhanced physiological benefits and/or reduce the risk of chronic disease beyond basic nutritional functions, which in turn boosting the market studied.
Omega 3 & Omega 6 holds a Prominent Share in the Market Studied
Omega-6 and omega-3 polyunsaturated fatty acids (PUFAs) are essential fatty acids that must be derived from the diet (it cannot be produced by man), and other mammals, because of the lack of endogenous enzymes for omega-3 desaturation. Moreover, EPA and DHA have numerous scientifically proven health benefits, which make them the preferred omega fatty acids. Linoleic acid accounts for 85-90% of dietary omega-6 fatty acids. The risk of developing type-2 diabetes could be significantly reduced by eating a diet, rich in omega-6 polyunsaturated fats, which in turn boosting the Omega-6 and omega-3 growth during the forecast period.
North America Lipid Industry Overview
The major manufacturers in the market studied are delivering consistent top a bottom-line growth. The companies are increasing the proportion of protecting innovations as a strategy to attract the major share of the consumers and meet their increasing specific demands. Some of the major players in the market studied are Cargill Incorporated, Archer Daniels Midland Company, BASF SE, Koninklijke DSM N.V. among others.
North America Lipid 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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Omega Protein Corporation
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Kerry Group plc
*Disclaimer: Major Players sorted in no particular order
North America Lipid Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables & 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 United States
- 5.3.2 Canada
- 5.3.3 Mexico
- 5.3.4 Rest of North America
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 Solutex
- 6.3.5 Clover Corporation
- 6.3.6 Koninklijke DSM N.V.
- 6.3.7 Omega Protein Corporation
- 6.3.8 Kerry Group plc
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityNorth America Lipid Industry Segmentation
North American 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 United States, Mexico, Canada, and rest of North America.
| 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 | United States |
| Canada | |
| Mexico | |
| Rest of North America |
North America Lipid Market Research FAQs
What is the current North America Lipid Market size?
The North America Lipid Market is projected to register a CAGR of 5.16% during the forecast period (2024-2029)
Who are the key players in North America Lipid Market?
Cargill Incorporated, Koninklijke DSM N.V., BASF SE, Omega Protein Corporation and Kerry Group plc are the major companies operating in the North America Lipid Market.
What years does this North America Lipid Market cover?
The report covers the North America Lipid Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Lipid Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Lipid Industry Report
Statistics for the 2024 North America Lipid market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Lipid analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
