Lipid Nutrition(Nutritional Lipids) Market Worth USD 7,000.7 Million by 2022Published On: August 18, 2017
The global Lipid Nutrition Market will grow at a CAGR of 13.1% from 2017 to 2022 to reach USD 7,000.7 million by 2022, according to this latest publication from Meticulous Research®. The global Lipid Nutrition Market is driven by growing need to meet nutritional requirements of an aging population, increasing the prevalence of chronic diseases, changing food landscape, increasing application in infant formulas and dietary supplements, and technological advancements such as microencapsulation. Further, the emergence of alternative sources for nutritional lipids production provides significant opportunity in this market. However, finite supply of fish oil and uncertain regulatory environment restricts the growth of the global lipid nutrition market to some extent.
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The global lipid nutrition market is mainly segmented by type (Omega-3, Medium Chain Triglycerides, Omega-6, and Others), by Source (Marine and Plants), by Form (Liquid and Solid), and by Applications (Dietary Supplements, Infant Formula, Food & Beverages, Pharmaceuticals, Animal Feed, and others).
Omega-3 dominates the global lipid nutrition market and is expected continue its dominance from 2017 to 2022. With their multiple health benefits, the applications of nutritional lipids have been increasing significantly in infant formula, food and beverages, and pharmaceuticals.
Geographically, the global lipid nutrition market is segmented into five major regions, namely North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. These regions are further analyzed at a country level with the detailed qualitative and quantitative analysis. Asia-Pacific region accounted for the largest share in the global lipid nutrition market in 2016, followed by North America, and Europe. The region is also expected to witness the fastest growth during the forecast period. The major share and fast growth of this region are mainly attributed to the abundant availability of raw materials, increasing the prevalence of chronic diseases, growing population & urbanization, increasing industrialization and increasing health consciousness & awareness about the health benefits of nutritional lipids.
The leading companies have employed various strategies to expand their product and application offerings, global footprint, and augment their market share. The key strategies followed by most companies in the global lipid nutrition market were new product launches and expansions. The key players in the global lipid nutrition market are Koninklijke DSM N.V., Polaris, Archer Daniels Midland Company, Stepan Company, BASF SE, Solutex GC, Smith & Zoon, FMC Corporation, Pharma Marine AS, Croda International Plc, Cargill, Incorporated, Aker Bio Marine, Clover Corporation, Omega Protein Corporation, Lonza Group AG, GC Rieber, Kerry Inc, Nordiac Naturals, Inc., and Cellana Inc.
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