Meticulous Research®—a leading global market research company, published a research report titled, ‘Lipid Nutrition Market by Type (Omega-3, Medium Chain Triglycerides (MCT), Omega-6, Omega-9) Source (Marine, Plant), Form (Liquid, Dry), Application (Dietary Supplements, Food & Beverages, Pharmaceuticals, Animal Feed) - Global Forecast to 2030.’
According to this latest publication from Meticulous Research®, the global lipid nutrition market is projected to reach $24.71 billion by 2030, at a CAGR of 8.9% from 2023 to 2030. The growth of the lipid nutrition market is mainly attributed to the increasing prevalence of chronic diseases, the growing senior population, and the increasing demand for infant foods and dietary supplements. However, the finite supply of fish oil and the uncertain regulatory environment is expected to restrain the growth of this market to a notable extent.
The lipid nutrition market is segmented by type (omega-3 [eicosapentaenoic acid (EPA), docosahexaenoic acid (DHA), alpha-linolenic acid (ALA)], medium chain triglycerides (MCT) [caprylic acid, capric acid, lauric acid, caproic acid], omega-6 [arachidonic acid (ARA), gamma linoleic acid (GLA), conjugated linoleic acid (CLA)], long-chain triglycerides, omega-9 [oleic acid, elaidic acid, gondoic acid, mead acid, others] and others), source (marine-sourced [fish oil, algae oil, krill oil, other marine oils], and plant-sourced [coconut oil, flaxseed oil, chia seed oil, soybean oil, and other plants oil]), form (liquid, dry), application (dietary supplements, food & beverages, pharmaceuticals, animal feed, and other applications), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The study also evaluates industry competitors and analyzes the market at regional and country levels.
Among all types studied in this report, the omega-3 segment is expected to account for the largest share of the global lipid nutrition market in 2023. The large market share of this segment is attributed to the benefits of omega-3 in reducing the risk of heart disease and managing rheumatoid arthritis. The medicinal properties and growing demand for lipids in animal feed are further expected to boost the demand for this segment.
Among all sources studied in this report, the plant-sourced segment is slated to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to the growing health awareness among consumers, the increasing vegetarian population, easily available raw materials, and the high source of essential lipids in the plant source.
Among all forms studied in this report, the liquid segment is expected to account for the larger share of the global lipid nutrition market in 2023. The large market share of this segment is attributed to the use of the liquid form of lipids to develop soft gel capsules, ease of consumption, and no further expensive processing boost the demand for nutritional lipids in liquid form.
Among all applications studied in this report, in 2023, the dietary supplements segment is expected to account for the largest share of the lipid nutrition market. The large market share of this segment is attributed to factors such as the increasing demand for nutrition from food manufacturers, the rising number of product launches, the large demand for food supplements, and growing health awareness among consumers.
Among all regions studied in this report, in 2023, North America is expected to account for the largest share of the lipid nutrition market. The large market share of this region is attributed to the presence of key nutritional lipids manufacturers, a growing vegan population, high investments in the research & development of food supplements, and high disposable income.
The global lipid nutrition market is characterized by a moderately competitive scenario due to many large and small-sized global, regional, and local players. The key players operating in the lipid nutrition market are Koninklijke DSM N.V. (Netherlands), Polaris Nutritional Lipids (France), Archer Daniels Midland Company (U.S.), Stepan Company (U.S.), BASF SE (Germany), Solutex GC S.L. (Spain), FMC Corporation (U.S.), Pharma Marine AS (Norway), Croda International Plc. (U.K.), Cargill, Incorporated (U.S.), Aker Biomarine ASA (Norway), Clover Corporation (Australia), Omega Protein Corporation (U.S.), Lonza Group AG (Switzerland), GC Rieber Oil AS (Norway), Kerry Group (Ireland), Cellana Inc (U.S.), and Nordiac Naturals, Inc.(U.S.).
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