The size of the global lipid nutrition market is expected to be worth USD 16.07 billion in 2024 and grow at a CAGR of 10% from 2024 to 2029 to achieve USD 25.91 billion by 2029.
Lipids are organic compounds that play a pivotal role in our bodies. It includes sterols, waxes, fats, and fat-soluble vitamins such as Vitamin A, Vitamin D, Vitamin E, and Vitamin K. They are water-insoluble hydrophobic compounds, as it is composed of fats, oil, and lipids, it is a high energy molecule and made up of carbon, hydrogen, and oxygen. Lipid performs important functions such as energy storage, structural support, cell signaling, and protection of vital organs. Lipids are an essential part of the diet and provide a concentrated source of energy. When ingested into the digestive system, the fats are broken down into fatty acids and glycerol, which are used for energy production and stored in adipose tissue. Lipids are available in various diets, and it is prevalent in both animal and plant-based diets, such as in various oils, nuts, seeds, and fruits like avocado, fish, dairy products, meat, and eggs.
Increasing awareness of health and wellness among consumers is majorly driving the lipid nutrition market size, as consumers are actively seeking products that fulfill their daily nutrition level. As lipids play an important role in maintaining overall health by providing energy, regulating the hormonal level, providing support and protection to the vital organs by insulation, and maintaining cell fluidity and flexibility, and these caused exponential demand for products providing lipid nutrition, leading to an increase in market growth.
The rising cases and prevalence of chronic illnesses such as cardiovascular, obesity, and diabetes have significantly caused growth in the lipid nutrition market. As these health conditions continue to increase due to lifestyle and changing habits, consumers are actively adopting nutritional products such as lipid nutrition to manage these diseases. According to WHO statistics, heart disease and strokes are one of the leading causes of death and take around 17.9 million lives each year. And with research, it was proved that omega-3 supplements improved cardiovascular health, as they reduced blood pressure levels and inflammation while promoting the healthy cholesterol level; this caused the demand for lipid nutrition products rich in omega-3. Also, diabetes and obesity are of major concern since the prevalence of these chronic illnesses is increasing within all groups of the population; certain plant sterols and medium-chain triglycerides found in coconut oil have been found to aid in weight management and thus help in managing obesity. Thus, rising cases of these diseases have driven the lipid nutrition market size.
The increase in the geriatric and aging population has also increased the demand for lipid nutritional products, as these products maintain cognitive ability and improve brain health, leading to the surge in demand for the lipid nutrition market by increasing its market size.
With high-disposable income, consumers are willing to spend on products that maintain their overall health and well-being, and as the purchasing capacity has increased, consumers can afford nutritional supplements that will help them combat chronic illnesses. And therefore, this led to the overall market growth of the lipid nutrition market, causing an increase in its market size.
One of the major reasons affecting the lipid nutrition market demand and its growth is its high cost; most of these nutritional supplements, such as lipid nutrition tablets and supplements, require extensive processing costs and advanced equipment for extracting the pure form of lipids from the raw material. Therefore, demand from price-conscious consumers is low, and it restricts the market growth of the lipid nutrition market.
Despite the increasing awareness of health and well-being, many consumers lack awareness of the benefits of lipid nutritional supplements, and therefore this restricts the market growth of the lipid nutrition market.
Most of these lipid nutritional supplements, such as omega-3, have a distinct aftertaste and smell, which restricts the consumption of the lipid supplements affecting the lipid nutrition market.
Sometimes, lipids supplements trigger an allergic reaction, causing hives and rashes; this fear of allergy among consumers limits the market growth and affects the size of the lipid nutrition market.
Growing demand for plant-based and sustainable products creates an opportunity for the lipid nutrition market or consumers who are environment conscious and prefers a vegan diet. As the awareness of the environment, climate change, and animal welfare is increasing, consumers are seeking products that are sustainable, and hence therefore, there is an increasing preference for plant-based alternatives.
Plant-based lipid supplements over several advantages over animal-based supplements; Algae is one the source of lipids, as it contains high amounts of omega-3 fatty acids, which provides an alternative to fish-based omega-3. Also vegetable oils such as flax seeds, chia seeds, and hemp seed oil are also rich sources of lipids. Hence extracting lipids from plants can create an opportunity for companies and manufacturers in the lipid nutrition market.
By offering plant-based lipid nutritional supplements, it can provide options for consumers who are conscious about the environment and diet. And thus, it can increase its market size and can fuel the market growth of the lipid nutrition market.
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2023 – 2029 |
|
Base Year |
2024 |
|
Forecast Period |
2024 - 2029 |
|
CAGR |
10% |
|
Segments Covered |
By Product, Form, Source,End Use Industry and Region |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
|
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
|
Market Leaders Profiled |
Koninklijke DSM N.V., Polaris Nutritional Lipids, Archer Daniels Midland Company, Stepan Company, BASF SE, Solutex GC S.L., FMC Corporation, Pharma Marine AS, Croda International Plc, Aker Biomarine ASA, Clover Corporation, Omega Protein Corporation, Lonza Group AG, GC Rieber Oil AS, Kerry Group and Others. |
The omega-3 segment accounts for the highest market share; this is due to the significance of omega-3 in reducing the chances of cardiovascular disease. It has a positive impact on the heart, brain, and immune system. Omega-3, particularly eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA), helps in improving heart and brain-related chronic illnesses. Omega-6 and medium-chain triglyceride also have significant growth in the lipid nutrition market since it helps in weight management and sports nutrition due to their easy digestibility.
The solid form dominates the market and has the highest market share since the taste and odor of lipid nutrition supplements are not palatable, therefore, these supplements are present in the form of soft gels and powder form, which can easily be ingested. Also, solid form is more convenient for transportation than liquid form.
Based on the source, the lipid nutrition market is classified into plant extracts and marine sources; plant extracts have the highest market share and generate the maximum revenue, as most of the consumers, due to the environment and animal welfare awareness, prefer plant sources for lipids. Also, extracting a pure form of lipid from marine sources is more difficult than from plant sources. Moreover, repeated fishing activities disrupt the fauna and decrease the population of marine life.
Based on the end-user, the pharmaceuticals segment holds the highest market share since lipids nutritional supplement plays an important role in managing chronic illnesses such as cardiovascular and brain disease and also boosts the immune system of patients whose immune system is compromised due to chronic illnesses. The personal segment has been seeing the fastest growth, as many consumers after the pandemic are gotten aware of the implications of poor health, and therefore to maintain their overall well-being and health; consumers are opting for such supplements to maintain their health. Moreover, the high amount of disposable income also contributes to the growth of the market size of the lipid nutrition market. Food and beverage and food ingredients also have a significant growth in the lipid nutrition market.
Based on the region, the North American region accounts for the highest market share due to the increasing prevalence of chronic illnesses among individuals; diabetes and cardiovascular diseases are on the rise, and because of the increasing rate of chronic illnesses, doctors and healthcare professionals are advising lipid nutritional supplements to combat these diseases. Europe is the fastest-growing segment in the lipid nutrition market because of the high disposable income and increasing awareness among consumers. Asia Pacific is forecasted to have significant market growth due to changing lifestyles, a growing economy, and an increase in the geriatric population, which is contributing to the exponential rise in the market size of the lipid nutrition market. The Middle East and Africa have steady growth in the lipid nutrition market as compared to other regions.
The global lipid nutrition market is concentrated with well-established players. Key players in the market inclued 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.).
RECENT HAPPENINGS IN THE MARKET
Frequently Asked Questions
Lack of awareness and high cost of production are the major challenging factors for the market growth rate.
Omega Protein Corporation (U.S.), BASF SE (Germany), and Archer Daniels Midland Company (U.S.) are the top key players in the lipid nutrition market
Increasing awareness of health and well-being among consumers, an increasing number of chronic illnesses, and high disposable income are some of the major factors driving the lipid nutrition market.
The market is estimated to register a CAGR of 10% during the forecast period.
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region