Global Nutritional Lipids Market

Nutritional Lipids Market Size, Share, Growth Analysis, By Type(Omega-3, Omega-6, MCTs), By Source(Plant, Animal), By Form(Powder, Liquid), By Application(Dietary Supplements & Nutraceuticals, Infant Formula, Pharmaceuticals, Food Fortification), By Region - Industry Forecast 2024-2031


Report ID: SQMIG30B2024 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 117 | Figures: 77

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.

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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).

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.

Asia Pacific dominated the 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.

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Global Nutritional Lipids Market

Report ID: SQMIG30B2024

$5,300
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