Global Lipid Market is predicted to be worth US$ 21.71 Billion by 2030 Lipids are numerous natural compounds that can be not soluble in water but soluble in nonpolar solvents. This group includes fats, oils, phospholipids, sterols, and waxes. Lipids are vital for lifestyles and serve multiple capabilities, which include energy storage, cell membranes' structural components, insulation, and signaling molecules. Lipids are also critical for business food, pharmaceutical, and cosmetics applications. With increasing emphasis on health and sustainability, a growing demand for lipid-based merchandise sourced from plants displays evolving consumer alternatives.
Growing customer consciousness on sustainability drives demand for lipids and renewable oils from sources like algae or jatropha. Government policies marketing healthy fat and bio-based oils indirectly assist the market boom. Factors like nearby fat availability, food behavior, and training stages affect critical fat intake in the rapidly developing Asia-Pacific area. For instance, urbanization and lifestyle modifications in Bangladesh contribute to higher fat consumption in city areas, indicating speedy market growth.
In April 2023 - DSM announced a partnership with Nutreco to develop sustainable aquafeed sustainable solutions using algae-based omega-3 fatty acids.
In March 2023 - Cargill announced the launch of its new line of plant-based meat alternatives made from pea protein.
The report titled “Global Lipid Market By Product (Triglycerides, Phospholipids, Sphingolipids, Ionizable Lipids, and Others), Types (Omega-3 and Omega-6, Phospholipids, Medium Chain Triglycerides, and Sterols), Source (Animal, and Plant), Application (Food & Beverages, Pharmaceuticals, Nutrition & Supplements, and Others), Countries (North America (United States, Canada), Europe (France, Germany, Italy, Spain, United Kingdom, Belgium, Netherland, Turkey), Asia Pacific (China, Japan, India, Australia, South Korea, Thailand, Malaysia, Indonesia, New Zealand), Latin America (Brazil, Mexico, Argentina), Middle East & Africa (South Africa, Saudi Arabia, and UAE)), Company Analysis (NOF Corporation, Stepan Company, Archer Daniels Midland, Cargill, Kerry Group, BASF AG, Merck KGaA, and Koninklijke DSM N.V.)" provides a complete study of Global Lipid Industry.
2. Phospholipids
3. Sphingolipids
4. Ionizable Lipids
5. Others
2. Phospholipids
3. Medium Chain Triglycerides
4. Sterols
2. Plant
2. Pharmaceuticals
3. Nutrition & Supplements
4. Others
1.1 United States
1.2 Canada
2. Europe
2.1 France
2.2 Germany
2.3 Italy
2.4 Spain
2.5 United Kingdom
2.6 Belgium
2.7 Netherland
2.8 Turkey
3. Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 South Korea
3.5 Thailand
3.6 Malaysia
3.7 Indonesia
3.8 Australia
3.9 New Zealand
4. Latin America
4.1 Brazil
4.2 Mexico
4.3 Argentina
5. Middle East & Africa
5.1 Saudi Arabia
5.2 UAE
5.3 South Africa
2. Stepan Company
3. Archer Daniels Midland
4. Cargill
5. Kerry Group
6. BASF AG
7. Merck KGaA
8. Koninklijke DSM N.V.
Global Lipid Market is expected to develop at a Compound Annual Growth Rate of 6.78% from 2024 to 2030
The boom in the lipid market is propelled by growing purchaser awareness of the significance of wholesome fat and oils, fostering demand for lipid-rich meals and dietary supplements. This trend aligns with shifting nutritional possibilities towards plant-based diets and valuable foods, driving the popularity of lipid products sourced from nuts, seeds, and avocados. The rising demand for purposeful lipids, especially those with fitness benefits like omega-three fatty acids for heart fitness, is on the ascent. Moreover, lipids find full-size use across various industries, including food, prescription drugs, cosmetics, and biofuels, further contributing to the market's usual enlargement. So, the value of the global lipid market was US$ 13.72 Billion in 2023.Growing customer consciousness on sustainability drives demand for lipids and renewable oils from sources like algae or jatropha. Government policies marketing healthy fat and bio-based oils indirectly assist the market boom. Factors like nearby fat availability, food behavior, and training stages affect critical fat intake in the rapidly developing Asia-Pacific area. For instance, urbanization and lifestyle modifications in Bangladesh contribute to higher fat consumption in city areas, indicating speedy market growth.
Triglycerides, an essential aspect of dietary fats and oils, are witnessing growth in the international lipids market
By product, the global lipid market is fragmented into Triglycerides, Phospholipids, Sphingolipids, Ionizable Lipids, and Others. Triglycerides are popular in the lipid market. The surge is because of a growing customer base searching for healthier meal options and purposeful components. They are essential in offering strength, taste, and texture to numerous food products, thus maintaining significance in the food section. Furthermore, the growing occurrence of chronic illnesses consisting of weight problems and cardiovascular issues has initiated a shift in the direction of healthier fats, driving demand for triglycerides sourced from plant-based oils and other alternatives.Phospholipids play a crucial position in the lipids market
By type, the global lipid market is categorized into Omega-3 and Omega-6, Phospholipids, Medium Chain Triglycerides, and Sterols. Phospholipids are experiencing an increase in the lipid market. Essential cell membrane additives contribute to structural integrity and cell structure. Also, phospholipids are applied in numerous industries, including food, prescribed drugs, and cosmetics, to combine and stabilize. With growing customer consciousness of health and well-being, the demand for products enriched with phospholipids is rising, propelling their increase in the market.Plant-based sources are gaining popularity in the global lipids market by devising customer alternatives for sustainable and healthier options
The global lipid market is segmented by source into Animal and Plant. Plant-based sources are growing in the global lipid market due to increasing consumer demand for healthier and sustainable alternatives. These sources offer dietary benefits, including essential fatty acids and advanced flavor and texture. Consumers are increasingly privy to the health benefits of plant-based lipids. Moreover, the developing emphasis on sustainability drives the choice for plant-based alternatives, which regularly have lower environmental influences than traditional lipid assets.Growing consumer choices and enterprise trends will boost the lipids market in food and beverage applications
By application, the global lipid market is broken up into Food & Beverages, Pharmaceuticals, Nutrition & Supplements, and Others. The food and beverages segment is set for extensive enlargement in the international lipids market. Lipids enhance flavor, texture, and mouthfeel in diverse food products, contributing to their desirability. As fitness-aware customers search for functional and nutritious ingredients, lipids derived from sources like plant-based oils align with those wishes. Moreover, the developing reputation of comfort ingredients and processed systems similarly propels the demand for lipids, as they are critical to the appliance of those products.The Asia-Pacific is anticipated to witness significant expansion in the global lipids market
By countries, the global lipid market is divided into North America (United States, Canada), Europe (France, Germany, Italy, Spain, United Kingdom, Belgium, Netherlands, Turkey), Asia Pacific (China, Japan, India, Australia, South Korea, Thailand, Malaysia, Indonesia, New Zealand), Latin America (Brazil, Mexico, Argentina), Middle East & Africa (South Africa, Saudi Arabia, and UAE). Rapid urbanization, population growth, and growing disposable earnings in countries like China and India fuel better consumption of fat and oils. Moreover, changing nutritional choices toward convenience foods and processed items contributes to the growing demand for lipid-based products. Furthermore, the region's rich biodiversity offers considerable resources of plant-based oils, meeting the developing preference for sustainable and natural components. Government tasks promoting healthy fats and favorable regulatory guidelines also stimulate market increase, positioning Asia-Pacific as a critical player in the worldwide growth of the lipids market.Key Players
The global lipid market includes companies such as NOF Corporation, Stepan Company, Archer Daniels Midland, Cargill, Kerry Group, BASF AG, Merck KGaA, and Koninklijke DSM N.V.In April 2023 - DSM announced a partnership with Nutreco to develop sustainable aquafeed sustainable solutions using algae-based omega-3 fatty acids.
In March 2023 - Cargill announced the launch of its new line of plant-based meat alternatives made from pea protein.
The report titled “Global Lipid Market By Product (Triglycerides, Phospholipids, Sphingolipids, Ionizable Lipids, and Others), Types (Omega-3 and Omega-6, Phospholipids, Medium Chain Triglycerides, and Sterols), Source (Animal, and Plant), Application (Food & Beverages, Pharmaceuticals, Nutrition & Supplements, and Others), Countries (North America (United States, Canada), Europe (France, Germany, Italy, Spain, United Kingdom, Belgium, Netherland, Turkey), Asia Pacific (China, Japan, India, Australia, South Korea, Thailand, Malaysia, Indonesia, New Zealand), Latin America (Brazil, Mexico, Argentina), Middle East & Africa (South Africa, Saudi Arabia, and UAE)), Company Analysis (NOF Corporation, Stepan Company, Archer Daniels Midland, Cargill, Kerry Group, BASF AG, Merck KGaA, and Koninklijke DSM N.V.)" provides a complete study of Global Lipid Industry.
Product - Global Lipid Market breakup in 5 viewpoints:
1. Triglycerides2. Phospholipids
3. Sphingolipids
4. Ionizable Lipids
5. Others
Types - Global Lipid Market breakup in 4 viewpoints:
1. Omega-3 and Omega-62. Phospholipids
3. Medium Chain Triglycerides
4. Sterols
Sources - Global Lipid Market breakup in 2 viewpoints:
1. Animal2. Plant
Application - Global Lipid Market breakup in 4 viewpoints:
1. Food & Beverages2. Pharmaceuticals
3. Nutrition & Supplements
4. Others
Countries - Global Lipid Market breakup in 5 viewpoints:
1. North America1.1 United States
1.2 Canada
2. Europe
2.1 France
2.2 Germany
2.3 Italy
2.4 Spain
2.5 United Kingdom
2.6 Belgium
2.7 Netherland
2.8 Turkey
3. Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 South Korea
3.5 Thailand
3.6 Malaysia
3.7 Indonesia
3.8 Australia
3.9 New Zealand
4. Latin America
4.1 Brazil
4.2 Mexico
4.3 Argentina
5. Middle East & Africa
5.1 Saudi Arabia
5.2 UAE
5.3 South Africa
All the Key players have been covered from 3 Viewpoints:
- Overview
- Recent Developments
- Revenue Analysis
Company Analysis:
1. NOF Corporation2. Stepan Company
3. Archer Daniels Midland
4. Cargill
5. Kerry Group
6. BASF AG
7. Merck KGaA
8. Koninklijke DSM N.V.
Table of Contents
1. Introduction2. Research Methodology3. Executive Summary5. Global LiDAR Market
4. Market Dynamics
6. Market Share - Global LiDAR Market
7. Type - Global LiDAR Market
8. Components - Global LiDAR Market
9. Application - Global LiDAR Market
10. Technology - Global LiDAR Market
11. Range - Global LiDAR Market
12. Country - Global LiDAR Market
13. Porter’s Five Analysis - Global LiDAR Market
14. SWOT Analysis - Global LiDAR Market
15. Company Analysis
List of Figures:
List of Tables:
Companies Mentioned
- NOF Corporation
- Stepan Company
- Archer Daniels Midland
- Cargill
- Kerry Group
- BASF AG
- Merck KGaA
- Koninklijke DSM N.V.
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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