What is the global market size of Nutritional Lipids Market?

Nutritional Lipids Market size was valued at USD 12.11 billion in 2021 and is poised to grow from USD 13.5 billion in 2022 to USD 23.31 billion by 2030, reaching at a CAGR of 6.9% in the forecast period (2023-2030).

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 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 Report Snapshots

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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).

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. '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'

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 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.

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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

Global Nutritional Lipids Market Regional Insights

Global Nutritional Lipids Market Report Snapshots

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