USD 12.11 billion
Global Nutritional Lipids Market Size, Share, Growth Analysis, By Type(Omega-3, Omega-6), By Source(Plant, Animal), By Form(Powder, Liquid), By Application(Dietary Supplements & Nutraceuticals, Infant Formula) - Industry Forecast 2024-2031
Report ID:
SQMIG30B2024 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
117 |
Figures:
77
Global Nutritional Lipids Market Insights
Nutritional Lipids Market size was valued at USD 12.11 billion in 2019 and is poised to grow from USD 13.5 billion in 2023 to USD 23.31 billion by 2031, reaching at a CAGR of 6.9% in the forecast period (2024-2031).
Nutritional lipids offer important health benefits and important for human health in form of dietary fats. These are obtained through diets or supplements and some examples include Omega-3 fatty acid, Omega-6 fatty acid, phospholipids, medium-chain triglycerides, sterols, etc., The market growth majorly constitutes the importance of omega-3 and omega-6 fatty acids for human health. Also, the rising importance is expected to propel the market growth for nutritional lipids. Besides, with a huge demand in a variety of industries, including food and beverage, pharmaceuticals, and personal care, lipids are available in both solid and liquid in the most supermarkets.
For innovative product development, manufacturers have been investing in research and development operations. Growing demand for fortified food additives from dietary supplements for infant formulas increases demand for nutritional lipids. Nutritional lipids are very stable in nature, remarkable nourishing with additionally anti-wrinkle nature, face creams, other personal care, and cosmetic formulation. The nutritional lipids have some useful characteristics, so they are an ideal ingredient for several skin care product and dietary.
US Nutritional Lipids Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Omega-3
Fastest Growth
Omega-3
Growth Rate
6.9% CAGR
Global Nutritional Lipids Market ($ Bn)
Country Share for Asia Pacific Region (%)
Global Nutritional Lipids Market By Type ($ Bn)
Global Nutritional Lipids Market By Type (%)
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Global Nutritional Lipids Market Segmental Analysis
Global Nutritional Lipids Market is segmented based on the type, source, form, application, and region. Based on the type, the market segmentation comprises Omega-3, Omega-6, MCTs. Based on the source, the market has been segmented into plants and animals. Based on the form, the market has been segmented into powder and liquid. Based on application the market is segmented as dietary supplements & nutraceuticals, infant formula, pharmaceuticals, food fortification, animal nutrition. Based on region, it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Nutritional Lipids Market Analysis by Type
Omega-3 segment dominated the global market and held a largest share in 2021. Increasing consumer awareness regarding preventive medical products and health benefits of omega-3 are increased demand for the nutritional lipids. The use of Omega 3 in pharmaceutical industry boosted the market growth.
Medium Chain Triglycerides is a fastest growing segment and is expected to grow at a notable CAGR during forecast period. Increasing use of MCTs over regular fats in diet will provide positive impact for product demand.
Nutritional Lipids Market Analysis by Application
Global Nutritional Lipids Market dominated by dietary supplements applications in 2021. For healthy lifestyles and to avoid the healthcare expenses customer are shifting towards the nutritional lipids. Necessity for supplement is increasing with the growing population.
Animal nutrition application segment is faster growing segment during forecast period. Increasing pet ownership and improvement of immunity system, decreased inflammation along with healthy skin will support the animal nutrition product penetration.
Global Nutritional Lipids Market By Type, 2023 (%)
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Global Nutritional Lipids Market Regional Insights
Asia Pacific dominated the Global Nutritional Lipids Market in 2021. The growth of pharmaceutical and dietary supplement industry in Asia Pacific region is driving the market growth. China and India have largest developing countries in which version customer are aware about health concern to consume nutritional lipids. Foreign direct investments will support the nutritional lipids Industries.
North America is fastest growing region in 2021. Increasing prevalence of obesity & diabetes has increased consumption of nutritional lipids in their daily diet which will boost demand for nutritional lipids.
Global Nutritional Lipids Market By Region, 2024-2031
- Largest
- Fastest
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Global Nutritional Lipids Market Dynamics
Nutritional Lipids Market Drivers
Growing Awareness for Healthy and Functional Foods
- Due to rapid urbanization, the sedentary lifestyle has increased various chronic diseases like obesity and other health-related issues are increased consumption of fast food. For balanced diet, consumers prefer nutrition lipids. People are aware about the benefits of lipids which will drive the market growth.
- Growing number of fitness enthusiasts and increase in awareness for health in millennials is expected to create a notable demand for functional foods that offer muscle growth and improves the gut.
Nutritional Lipids Market Restraints
Limited Lipids Intake for Patients with Medical History and Regulatory Barriers
- Factors such as unsuitability for patients with certain medical conditions, which show side effects in some patients are restraining market growth. Also, factors such as high competition of raw material suppliers, fisheries sustainability issues are expected to restrict the nutritional lipid market growth. Rising raw material cost and technology cost are key challenges to the market growth during the forecast period.
- Besides, regulatory barriers also have limited the market entrants resulting in a slow competition. The presence of several regulatory bodies in various countries differ in functioning which can create compliance costs for most market entrants.
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Global Nutritional Lipids Market Competitive Landscape
Global Nutritional Lipids Market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.
Nutritional Lipids Market Top Player's Company Profiles
- DSM
- BASF SE
- Omega Protein Corporation
- Croda International plc
- Kerry Group plc
- Nordic Naturals, Inc.
- FMC Corporation
- Archer Daniels Midland Company
- Koninklijke DSM N.V.
- Martek Biosciences Corporation
- Polaris Nutritional Lipids
- Lonza
- GC Rieber Oils
- Corbion NV
- Aker BioMarine
- Omega-3 Innovations
- Neptune Wellness Solutions
- Stepan Company
- Sinomega Biotech Engineering Co. Ltd.
- Cargill, Incorporated
Nutritional Lipids Market Recent Developments
- BASF announced innovation partnership with RiKarbon on emollients derived from bio-waste in late 2022
- BASF and Samsung Heavy Industries collaborated in 2022 for Carbon Capture & Storage onboard maritime vessels
- SV Health Investors announced acquisition of Nordic Consulting Partners by Accrete Health Partners in 2022, which is a strategic holding company of Bon Secours Mercy Health.
- OZiva followed the new nutritional lipid market trend and manufactured omega 3 multivitamins, to fuel up the marketing trend in 2021.
Global Nutritional Lipids Key Market Trends
- Growing Inclination Towards Healthy Foods: Increasing prevalence of nutritional lipids globally has boosted market growth during the forecast period. Rising prevalence of cardiovascular disease and obesity has prompted the use of nutritional lipids. Rising awareness among consumers for consumption of these lipids, are propelling the demand for nutritional lipids.
- Clean Label: Consumers prefer functional foods with clean labeling that have ingredients clearly listed in their packaging and are also free from any preservatives and additives
- Environmental Concerns: Consumers are becoming aware of the environmental concerns wherein they prefer plant-based food products over meat-based. This has resulted in the production of organic foods overall.
Global Nutritional Lipids Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Nutritional Lipids Market analysis, Asia Pacific captures a higher Global Nutritional Lipids Market share. The growth of the region is attributed to growth of pharmaceutical and dietary supplement industry and government initiatives to support Industrialization in the region. China and India have emerged as significant contributors to market growth in Asia Pacific. By type, the Omega-3 segment dominates the market. This segment's leading position can be attributed to increasing consumer awareness regarding preventive medical products and health benefits of omega-3.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 12.11 billion |
| Market size value in 2031 | USD 23.31 billion |
| Growth Rate | 6.9% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Nutritional Lipids Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Nutritional Lipids Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Nutritional Lipids Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Nutritional Lipids Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Nutritional Lipids Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Nutritional Lipids Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Nutritional Lipids Market Report Snapshots
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