According to the current analysis of Reports and Data, the global Lipid Nutrition market was valued at USD 9,295.0 Million in 2020 and is expected to reach USD 18.53 Billion by 2028, at a CAGR of 8.9%. Lipids are a group of non-polar organic compounds. Lipids are categorized into fatty acids, glycerides, prenol lipids, sterol lipids, among others. Living organisms have a dietary requirement for some lipid as lipids play an important role in the energy storage, absorption of essential vitamins such as A, D, and E, and cell signaling. Lipids have a wide range of applications in food beverages, pharmaceuticals, and personal care industries. Food and beverages account for the major market share in the lipid nutrition market, owing to their flavor and odor enhancing properties and wide application in food items. Lipid infused products are available in both solid and liquid forms and are available in mass retail stores. Rising incidence of cardiovascular diseases and obesity is one of the major factors driving the growth of the lipid nutrition market, thus fostering the growth of the FB industry. Rising competition amongst market players as well as the demand for high quality products at a lower cost can act as a major challenge for the growth of the market through the forecasted period of 2019 to 2026.
The lipid nutrition market is much fragmented and includes a large number of manufacturing giants as well as emerging players. Additionally, the emerging players have good opportunities to enter the lipid nutrition market, owing to developments in the market and high demand from end-use industries. Market players are adopting strategies such as partnerships, mergers, acquisition, expansion, and product launches in order to maintain their position in the market. For instance, in 2018, Stepan Lipid Nutrition, introduced NEOBEE ProKeto, a low-carb micro-encapsulated C8 MCT oil on a pea protein support.
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Market Dynamics:
Increasing consumer inclination towards functional, organic and probiotic-based food drinks is providing impetus to the growth of global food and beverage industry. Various studies have come with health benefits associated with “ethnic” and organic food products. These foods improve cardiovascular health, improves arthritis, digestive issues, and other inflammatory conditions. Consumers are gradually focusing on mindful eating and consuming food for health and wellness. Changing eating and dietary patterns of consumers is prompting brand owners and new entrants to introduce healthy foods options. Several clean-label products have been introduced in the market and consumer curiosity for new products is immense
Growing middle class consumers with rising income in developing countries such as India and China will boost food beverage market growth. Moreover, increasing consumer preference for procuring food and beverage items from online platforms due to variety, cost and time-saving will foster market size through 2028.
Competitive Landscape:
The research report offers details about leading companies in the global Lipid Nutrition market along with global position, financial standing, license agreement, products and services portfolio and revenue contribution of each market player. Key players in the market are focusing on adopting various strategies such as mergers and acquisition, business expansion plans, new product launches, partnerships, collaborations, joint ventures to enhance their product base and gain robust footing in the market.
Some of the Leading Market Players Are Listed Below:
- BASF SE,
- Nordic’s Naturals,
- Cargill,
- Croda International,
- Archer Daniels Midland Company,
- FMC Corporation,
- Kerry Group,
- Aker BioMarine,
- Omega Protein Corporation,
- Polaris Nutritional Lipids
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Market Segmentation:
Lipid Nutrition Market Segmentation based on Types:
- Omega 3
- Omega 6
- Medium Chain Triglycerides (MCTs)
- Others
Lipid Nutrition Market Segmentation based on Application:
- Dietary supplements nutraceuticals
- Infant formula
- Pharmaceutical
- Food fortification
- Animal nutrition
- Others
Lipid Nutrition Market Segmentation based on Regions:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Spain, Benelux, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of Latin America)
- Middle East Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East Africa)
Key Features of the global Lipid Nutrition Market:
- The report offers detailed estimations at the regional level with manufacturers, consumption, sales and import/export dynamics.
- The report provides accurate details related of the manufacturers/vendors in the market, company overview, pricing analysis, financial standing, product portfolio, and gross profit of leading companies.
- Company profiling with prevalent expansion strategies, revenue generation, and recent developments.
- Optimum strategic initiatives for new players in the market.
- Manufacturing processes, suppliers, cost, rates of production and consumption, transport mode and cost structuring, and value chain analysis.
- The study also includes supply chain trends, including elaborate descriptions of the latest technological development
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