PUBLISHER: Renub Research | PRODUCT CODE: 1422488
PUBLISHER: Renub Research | PRODUCT CODE: 1422488
Lipid Market, Size, Global Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis
Global Lipid Market is predicted to be worth US$ 21.71 Billion by 2030, as per Renub Research. 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.
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.
Renub Research 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. Triglycerides
- 2. Phospholipids
- 3. Sphingolipids
- 4. Ionizable Lipids
- 5. Others
Types - Global Lipid Market breakup in 4 viewpoints:
- 1. Omega-3 and Omega-6
- 2. Phospholipids
- 3. Medium Chain Triglycerides
- 4. Sterols
Sources - Global Lipid Market breakup in 2 viewpoints:
- 1. Animal
- 2. Plant
Application - Global Lipid Market breakup in 4 viewpoints:
- 1. Food & Beverages
- 2. Pharmaceuticals
- 3. Nutrition & Supplements
- 4. Others
Countries - Global Lipid Market breakup in 5 viewpoints:
- 1. North America
- 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
All the Key players have been covered from 3 Viewpoints:
- Overview
- Recent Developments
- Revenue Analysis
Company Analysis:
- 1. NOF Corporation
- 2. 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. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
- 4.1 Growth Drivers
- 4.2 Challenges
5. Global Lipid Market
6. Market Share - Global Lipid Market
- 6.1 By Product
- 6.2 By Type
- 6.3 By Source
- 6.4 By Application
- 6.5 By Countries
7. Product - Global Lipid Market
- 7.1 Triglycerides
- 7.2 Phospholipids
- 7.3 Sphingolipids
- 7.4 Ionizable Lipids
- 7.5 Others
8. Type - Global Lipid Market
- 8.1 Omega-3 and Omega-6
- 8.2 Phospholipids
- 8.3 Medium Chain Triglycerides
- 8.4 Sterols
9. Source - Global Lipid Market
- 9.1 Animal
- 9.2 Plant
10. Application - Global Lipid Market
- 10.1 Food & Beverages
- 10.2 Pharmaceuticals
- 10.3 Nutrition & Supplements
- 10.4 Others
11. Countries - Global Lipid Market
- 11.1 North America
- 11.1.1 United States
- 11.1.2 Canada
- 11.2 Europe
- 11.2.1 France
- 11.2.2 Germany
- 11.2.3 Italy
- 11.2.4 Spain
- 11.2.5 United Kingdom
- 11.2.6 Belgium
- 11.2.7 Netherland
- 11.2.8 Turkey
- 11.3 Asia Pacific
- 11.3.1 China
- 11.3.2 Japan
- 11.3.3 India
- 11.3.4 South Korea
- 11.3.5 Thailand
- 11.3.6 Malaysia
- 11.3.7 Indonesia
- 11.3.8 Australia
- 11.3.9 New Zealand
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.2 Mexico
- 11.4.3 Argentina
- 11.5 Middle East & Africa
- 11.5.1 Saudi Arabia
- 11.5.2 UAE
- 11.5.3 South Africa
12. Porter's Five Forces Analysis - Global Lipid Market
- 12.1 Bargaining Power of Buyers
- 12.2 Bargaining Power of Suppliers
- 12.3 Degree of Rivalry
- 12.4 Threat of New Entrants
- 12.5 Threat of Substitutes
13. SWOT Analysis - Global Lipid Market
- 13.1 Strength
- 13.2 Weakness
- 13.3 Opportunity
- 13.4 Threat
14. Key Players Analysis
- 14.1 NOF Corporation
- 14.1.1 Overview
- 14.1.2 Recent Development
- 14.1.3 Revenue Analysis
- 14.2 Stepan Company
- 14.2.1 Overview
- 14.2.2 Recent Development
- 14.2.3 Revenue Analysis
- 14.3 Archer Daniels Midland
- 14.3.1 Overview
- 14.3.2 Recent Development
- 14.3.3 Revenue Analysis
- 14.4 Cargill
- 14.4.1 Overview
- 14.4.2 Recent Development
- 14.4.3 Revenue Analysis
- 14.5 Kerry Group
- 14.5.1 Overview
- 14.5.2 Recent Development
- 14.5.3 Revenue Analysis
- 14.6 BASF AG
- 14.6.1 Overview
- 14.6.2 Recent Development
- 14.6.3 Revenue Analysis
- 14.7 Merck KGaA
- 14.7.1 Overview
- 14.7.2 Recent Development
- 14.7.3 Revenue Analysis
- 14.8 Koninklijke DSM N.V.
- 14.8.1 Overview
- 14.8.2 Recent Development
- 14.8.3 Revenue Analysis
List of Figures
- Figure-01: Global - Lipid Market (Billion US$), 2018 - 2023
- Figure-02: Global - Forecast for Lipid Market (Billion US$), 2024 - 2030
- Figure-03: Product - Triglycerides Market (Million US$), 2018 - 2023
- Figure-04: Product - Forecast for Triglycerides Market (Million US$), 2024 - 2030
- Figure-05: Product - Phospholipids Market (Million US$), 2018 - 2023
- Figure-06: Product - Forecast for Phospholipids Market (Million US$), 2024 - 2030
- Figure-07: Product - Sphingolipids Market (Million US$), 2018 - 2023
- Figure-08: Product - Forecast for Sphingolipids Market (Million US$), 2024 - 2030
- Figure-09: Product - Ionizable Lipids Market (Million US$), 2018 - 2023
- Figure-10: Product - Forecast for Ionizable Lipids Market (Million US$), 2024 - 2030
- Figure-11: Product - Others Market (Million US$), 2018 - 2023
- Figure-12: Product - Forecast for Others Market (Million US$), 2024 - 2030
- Figure-13: Type - Omega-3 and Omega-6 Market (Million US$), 2018 - 2023
- Figure-14: Type - Forecast for Omega-3 and Omega-6 Market (Million US$), 2024 - 2030
- Figure-15: Type - Phospholipids Market (Million US$), 2018 - 2023
- Figure-16: Type - Forecast for Phospholipids Market (Million US$), 2024 - 2030
- Figure-17: Type - Medium Chain Triglycerides Market (Million US$), 2018 - 2023
- Figure-18: Type - Forecast for Medium Chain Triglycerides Market (Million US$), 2024 - 2030
- Figure-19: Type - Sterols Market (Million US$), 2018 - 2023
- Figure-20: Type - Forecast for Sterols Market (Million US$), 2024 - 2030
- Figure-21: Source - Animal Market (Million US$), 2018 - 2023
- Figure-22: Source - Forecast for Animal Market (Million US$), 2024 - 2030
- Figure-23: Source - Plant Market (Million US$), 2018 - 2023
- Figure-24: Source - Forecast for Plant Market (Million US$), 2024 - 2030
- Figure-25: Application - Food & Beverages Market (Million US$), 2018 - 2023
- Figure-26: Application - Forecast for Food & Beverages Market (Million US$), 2024 - 2030
- Figure-27: Application - Pharmaceuticals Market (Million US$), 2018 - 2023
- Figure-28: Application - Forecast for Pharmaceuticals Market (Million US$), 2024 - 2030
- Figure-29: Application - Nutrition & Supplements Market (Million US$), 2018 - 2023
- Figure-30: Application - Forecast for Nutrition & Supplements Market (Million US$), 2024 - 2030
- Figure-31: Application - Others Market (Million US$), 2018 - 2023
- Figure-32: Application - Forecast for Others Market (Million US$), 2024 - 2030
- Figure-33: United States - Lipid Market (Million US$), 2018 - 2023
- Figure-34: United States - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-35: Canada - Lipid Market (Million US$), 2018 - 2023
- Figure-36: Canada - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-37: France - Lipid Market (Million US$), 2018 - 2023
- Figure-38: France - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-39: Germany - Lipid Market (Million US$), 2018 - 2023
- Figure-40: Germany - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-41: Italy - Lipid Market (Million US$), 2018 - 2023
- Figure-42: Italy - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-43: Spain - Lipid Market (Million US$), 2018 - 2023
- Figure-44: Spain - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-45: United Kingdom - Lipid Market (Million US$), 2018 - 2023
- Figure-46: United Kingdom - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-47: Belgium - Lipid Market (Million US$), 2018 - 2023
- Figure-48: Belgium - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-49: Netherland - Lipid Market (Million US$), 2018 - 2023
- Figure-50: Netherland - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-51: Turkey - Lipid Market (Million US$), 2018 - 2023
- Figure-52: Turkey - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-53: China - Lipid Market (Million US$), 2018 - 2023
- Figure-54: China - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-55: Japan - Lipid Market (Million US$), 2018 - 2023
- Figure-56: Japan - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-57: India - Lipid Market (Million US$), 2018 - 2023
- Figure-58: India - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-59: South Korea - Lipid Market (Million US$), 2018 - 2023
- Figure-60: South Korea - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-61: Thailand - Lipid Market (Million US$), 2018 - 2023
- Figure-62: Thailand - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-63: Malaysia - Lipid Market (Million US$), 2018 - 2023
- Figure-64: Malaysia - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-65: Indonesia - Lipid Market (Million US$), 2018 - 2023
- Figure-66: Indonesia - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-67: Australia - Lipid Market (Million US$), 2018 - 2023
- Figure-68: Australia - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-69: New Zealand - Lipid Market (Million US$), 2018 - 2023
- Figure-70: New Zealand - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-71: Brazil - Lipid Market (Million US$), 2018 - 2023
- Figure-72: Brazil - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-73: Mexico - Lipid Market (Million US$), 2018 - 2023
- Figure-74: Mexico - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-75: Argentina - Lipid Market (Million US$), 2018 - 2023
- Figure-76: Argentina - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-77: Saudi Arabia - Lipid Market (Million US$), 2018 - 2023
- Figure-78: Saudi Arabia - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-79: UAE - Lipid Market (Million US$), 2018 - 2023
- Figure-80: UAE - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-81: South Africa - Lipid Market (Million US$), 2018 - 2023
- Figure-82: South Africa - Forecast for Lipid Market (Million US$), 2024 - 2030
- Figure-83: NOF Corporation - Global Revenue (Million US$), 2018 - 2023
- Figure-84: NOF Corporation - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-85: Stepan Company - Global Revenue (Million US$), 2018 - 2023
- Figure-86: Stepan Company - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-87: Archer Daniels Midland - Global Revenue (Million US$), 2018 - 2023
- Figure-88: Archer Daniels Midland - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-89: Cargill - Global Revenue (Million US$), 2018 - 2023
- Figure-90: Cargill - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-91: Kerry Group - Global Revenue (Million US$), 2018 - 2023
- Figure-92: Kerry Group - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-93: BASF AG - Global Revenue (Million US$), 2018 - 2023
- Figure-94: BASF AG - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-95: Merck KGaA - Global Revenue (Million US$), 2018 - 2023
- Figure-96: Merck KGaA - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-97: Koninklijke DSM N.V. - Global Revenue (Million US$), 2018 - 2023
- Figure-98: Koninklijke DSM N.V. - Forecast for Global Revenue (Million US$), 2024 - 2030
List of Tables
- Table-01: Global - Lipid Market Share by Product (Percent), 2018 - 2023
- Table-02: Global - Forecast for Lipid Market Share by Product (Percent), 2024 - 2030
- Table-03: Global - Lipid Market Share by Type (Percent), 2018 - 2023
- Table-04: Global - Forecast for Lipid Market Share by Type (Percent), 2024 - 2030
- Table-05: Global - Lipid Market Share by Source (Percent), 2018 - 2023
- Table-06: Global - Forecast for Lipid Market Share by Source (Percent), 2024 - 2030
- Table-07: Global - Lipid Market Share by Application (Percent), 2018 - 2023
- Table-08: Global - Forecast for Lipid Market Share by Application (Percent), 2024 - 2030
- Table-09: Global - Lipid Market Share by Countries (Percent), 2018 - 2023
- Table-10: Global - Forecast for Lipid Market Share by Countries (Percent), 2024 - 2030
