Lipid Nutrition Market, by Type (Omega-3, Omega-6, Medium Chain Triglycerides, Others), Source (Plant, Animal), Form (Liquid, Powder), Application (Dietary Supplements and Nutraceuticals, Infant Formula, Pharmaceutical, Food Fortification, Animal Nutrition, Others), Distribution Channel (Direct, Indirect), and Region (North America, Europe, Asia Pacific, Middle East and Africa, South America) — Market Size, Share and Trends Analysis Report (2021–2030)

The Global Lipid Nutrition Market is projected to reach USD 8,600.2 million in 2021, exhibiting a CAGR of 9.2% during the forecast period. Lipids are molecules comprising hydrocarbons in reduced form. Fats, waxes, oils, vitamins, and hormones are considered lipids. They make the building blocks for the function and structure of the living cells. Lipids are insoluble in water, as they are non-polar but are soluble in chloroform, a non-polar solvent. Lipids are an excellent energy source, and when they are metabolized, the hydrocarbons oxidize to release a large amount of energy. Lipid nutrition is essential for the proper metabolism and functioning of body. There are several kinds of lipid products available in the market, like omega-6, omega-3, MCTs, and others.

Lipids and lipid-related compounds play a crucial role in preventing diseases and triggering biochemical regulatory systems in the body. Increasing health consciousness among people about healthy diets and awareness regarding health and wellness has augmented the nutritional lipid food and beverage consumption. Rising prevalence of cardiovascular diseases, neurological disorders, blood pressure, and other chronic ailments with increasing awareness among consumers regarding the benefits of functional lipids for obesity management, bone health, and depression management are expected to propel the global lipid nutrition market growth.

In 2019, the World Health Organization reported over 600 million cases of obesity which were prevalent among people aged 18 and above, and more than 300 million cases of obesity among children between 5–19 years. As obesity is globally acknowledged as a public health concern that is associated with its comorbidities in specific hypertension, diabetes, stroke, and inflammatory diseases, it is suggested that a high-fat diet promotes obesity development. So, there is a great scope for lipid nutrition due to its anti-obesity effects. These incidents have started creating awareness among people about health and wellbeing, which has shifted their focus towards lipid nutrition product consumption.

Dietary supplements and fortified food products are mainly used for fulfilling nutritional deficiencies and enhancing the immune system. After the onset of COVID 19, increasing awareness among consumers to safeguard themselves from the deadly virus has increased the sale of these products. Nutritional lipids are mainly are used to provide the body with calories that provide high energy. Owing to all these factors, its consumption by patients while recovering from COVID 19 has increased.

Increasing demand for fortified food additives for infant formulas and dietary supplements owing to their immense health benefits is expected to propel the market demand. The global food additives market is expected to generate significant revenue during the forecast period. The market is witnessing substantial growth due to increased demand for food and beverage with high nutritional content based on flavor, taste, and color. A balanced diet plays a pivotal role in the treatment and management of chronic diseases.

Microencapsulation is a process in which the active substances are coated by small capsules. This method is used as protective technology to encapsulate the lipid nutrition molecules. Technological advancements towards microencapsulation in developing economies due to its immense benefits in the application that include functional foods, pharmaceuticals, animal nutrition and others are anticipated to increase the market share. Not only this but it also provides smooth processing as well as packaging owing to its ability in changing liquid form ingredient into powder.

The market cost of nutritional lipids is influenced by the rising cost of raw materials, such as flaxseed oil and fish oil. Declining production of fish oil owing to the fishery sustainability problems is expected to hamper the demand and supply scenario. Apart from this, strict rules laid down by the FDA, specifically on Antarctic krill and fish oil with easy availability of alternative products, are the prime factors that can hinder the market growth during the forecast period.

TABLE 1: GLOBAL LIPID NUTRITION MARKET OVERALL SNAPSHOT

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Market Segmentation

The lipid nutrition market is segmented based on type, source, form, application, distribution channel, and region.

FIGURE 1: GLOBAL LIPID NUTRITION MARKET SEGMENTATION

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Global Lipid Nutrition Market, by Type

Based on type, the global lipid nutrition market is segmented into omega-3, omega-6, medium-chain triglycerides (MCTs), and others. Among these, the omega-3 segment dominates the lipid nutrition market owing to increasing consumer awareness about preventive medical products and their health benefits. Apart from this, enhancing brain and eye health and heart ailments prevention are also the key properties that enhance the product scope in food fortification and pharmaceutical applications.

The medium-chain triglycerides segment is witnessing rapid growth due to consumer preference for them over regular fats in the diet. Increasing preference among people for bio-based and natural ingredients with rising health concerns is expected to drive the market.

Global Lipid Nutrition Market, by Source

Based on the source, the global lipid nutrition market is classified into plant and animal. Animal source lipid segment has witnessed the rising demand by exceeding 100 kilotons in 2019. There is increasing demand for lipid nutrition from animal source, as they are rich in omega-3 and other fish oil-based products due to high EPA and DHA content that is enhancing the industry demand. On the other hand, the plant source segment is anticipated to witness the highest growth owing to the growing vegan population due to increasing health consciousness among consumers. MCTs and rich omega-6 content, specifically in sunflower, safflower, corn, and coconut oil, are expected to drive the plant segment growth.

Global Lipid Nutrition Market, by Form

Based on form, the global lipid nutrition market is segmented into liquid and powder. The liquid-based lipid nutrition segment is expected to witness significant growth due to the rising adoption of soft gels for supplement dosage owing to the ease in consumption. Apart from this, the high absorption rate and effective functionality will provide new opportunities for product demand. On the other hand, powder-based lipid nutritional products are expected to witness the highest CAGR. The growth can be owing to their superior shelf life and ease in production, and cost-effective properties.

Global Lipid Nutrition Market, by Application

Based on application, the lipid nutrition market is categorized into dietary supplements and nutraceuticals, infant formula, pharmaceutical, food fortification, animal nutrition, and others. Among these, the dietary supplements and nutraceuticals segment holds the highest market share. The rapid shift towards healthy lifestyles to avoid healthcare expenses is an important factor that will fuel the market growth. Advancement in encapsulation technologies combined with new soft gels launches is the main driving factor for the product demand.

The animal nutrition segment is expected to observe significant growth due to its health benefits for pets that include improved immunity and reduction in inflammation with healthy skin.

Global Lipid Nutrition Market, by Distribution Channel

Based on distribution channel, the global lipid nutrition market is segmented into the direct and indirect market. Among these, the indirect segment is the fastest-growing segment in terms of volume, which is further sub segmented into modern trade format, e-commerce, specialty stores, drugs and others.

Global Lipid Nutrition Market, by Region

Based on region, the global lipid nutrition market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South America. North American lipid nutrition market is dominating the market owing to the rising prevalence of diabetes and obesity contributing to the need for nutritious diet. Growth in the functional food and beverage industry with liberal regulations for dietary supplements is expected to drive regional market growth.

The Asia Pacific lipid nutrition market holds the largest market share due to the dietary and pharmaceuticals supplements industry growth in the region, particularly in India and China. The growing infant and women nutrition market in developing economies like Japan, China, and South Korea with diversification of diet and the liberalization of FDI in the food industry are the main factors contributing to regional market growth.

TABLE 2: GLOBAL LIPID NUTRITION MARKET OVERVIEW table 2

FIGURE 2: GLOBAL LIPID NUTRITION MARKET (USD MILLION), 2021-2030

Recent Developments in the Global Lipid Nutrition Market

  • October 2020- Omega Protein Corporation, a nutritional ingredient company announced that it has retained Lipid Technologies, LLC as a strategic advisor in connection with its omega-3 fish oil research and development efforts. This collaboration would be an attention to Omega Protein Corporation in their pursuit of value-added
  • October 2020- Aker BioMarine AS is continuing to make more investment in India by establishing a new distribution hub in Chennai to keep the market well stocked with its Aqua products.
  • November 2019 - BASF SE, a human nutrition brand has signed three years agreement with Xerion for taking personalized nutrition to the next level in Asia Pacific. This collaboration would provide exclusive distribution rights to market PUFAcoatTM Omega-3 Index kits.
  • October 2019- FrieslandCampina N.V. has signed an agreement with Royal A-ware for the production and supply of lipid nutritional products. This agreement will broaden the customers and expand their product portfolio.

What Does this Report Provide?

The report offers in-depth knowledge of the global lipid nutrition market from a quantitative and qualitative basis over the forecast period. Apart from this, the study contains dynamic indicators along with the potential impact of the global market during the projected timeframe. The experts have also conducted an in-depth analysis of the key market players that are operating in the global market. It also covers major market opportunities, drivers, threats, barriers and challenges of the market. The readers will get to know about the market shares of the key market companies that are present along with their product portfolio, production capabilities as well as growth strategies planned by them.

Market Segmentation

By Type:

  • Omega-3
  • Omega-6
  • Medium Chain Triglycerides (MCTs)
  • Others (Sphingolipids, Omega-7, Omega-9)

By Source:

  • Plant
  • Animal

By Form:

  • Powder
  • Liquid

By Application:

  • Dietary Supplements and Nutraceuticals
  • Infant Formula
  • Pharmaceutical
  • Food Fortification
  • Animal nutrition
  • Others (Personal Care, Flavors, Industrial)

By Distribution Channel

  • Direct
  • Indirect
    • Modern Trade Format
    • Specialty Stores
    • Drug Store
    • E-commerce
    • Others

By Region:

North America Lipid Nutrition Market

  • North America, by Country
    • US
    • Canada
    • Mexico
  • North America, by Type
  • North America, by Source
  • North America, by Form
  • North America, by Application
  • North America, by Distribution Channel

Europe Medical Lipid Nutrition Market

  • Europe, by Country
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Europe, by Type
  • Europe, by Source
  • Europe, by Form
  • Europe, by Application
  • Europe, by Distribution Channel

Asia Pacific Lipid Nutrition Market

  • Asia Pacific, by Country
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • Asia Pacific by Type
  • Asia Pacific by Source
  • Asia Pacific by Form
  • Asia Pacific, by Application
  • Asia Pacific, by Distribution Channel

Middle East and Africa Lipid Nutrition Market

  • Middle East and Africa, by Country
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East and Africa
  • Middle East and Africa, by Type
  • Middle East and Africa, by Source
  • Middle East and Africa, by Form
  • Middle East and Africa, by Application
  • Middle East and Africa, by Distribution Channel

South America Lipid Nutrition Market

  • South America, by Country
    • Brazil
    • Argentina
    • Rest of South America
  • South America, by Type
  • South America, by Source
  • South America, by Form
  • South America, by Application
  • South America, by Distribution Channel

Major Companies: In this report, the major companies studied are Koninklijke DSM N.V., BASF SE, Nordic’s Naturals, Inc., Croda International Plc, Cargill, Archer Daniels Midland Company, Kerry Group plc, FMC Corporation, Neptune Wellness Solutions, Aker BioMarine AS, Omega Protein Corporation, FrieslandCampina, Polaris Nutritional Lipids.

Objectives of this Report:

  • To estimate the market size for the lipid nutrition market on a regional and global basis
  • To identify major segments in the lipid nutrition market and evaluate their market shares and demand
  • To provide a competitive scenario for the market with major developments observed by the key companies in the historic years
  • To evaluate the key factors governing the dynamics of the lipid nutrition market with their potential gravity during the forecast period
  • To evaluate the leading company-wise pricing analysis for the mentioned applications

Key Questioned Answered in the Study:

  • What are major growth drivers and market trends that are impacting the global lipid nutrition market?
  • What is the market size both in terms of value and volume for the global lipid nutrition market?
  • Who are the leading market players and who are the new market players that operate in the global market with an estimated market share?
  • What are the future investment pockets and opportunities in the global lipid nutrition market?
  • Major list of customers and potential futuristic customer list along with an estimated buying volume
  • Impact of COVID-19 on the global lipid nutrition market

Customization:

This study is customized to meet your specific requirements:

  • By sub-segment
  • By client-specific country, type, and application market analysis
  • Pricing analysis along with the potential list of customers
  • Product-specific competitive analysis

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