Global Lipid Nutrition Market By Product (Omega 3, Medium chain triglyceride, omega 6, and others), by form (Liquid and Solid), by source (Plant extracts and Marine sources), by end-use industry (Food and beverages, pharmaceuticals, personal care, food ingredients, and others), and By Regional (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) - Global Industry Size, Share, Growth, Trends and Competitive Strategy Analysis Forecast (2024 to 2029)

Updated On: January, 2024
ID: 14176
Pages: 150

Lipid Nutrition Market Size and Forecast (2024 to 2029)

The Global Lipid Nutrition Market size is expected to reach  with a CAGR of 10% by 2029, where the base year is considered 2024.

Market Overview

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.

Drivers

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.

Restraints

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.

Opportunities

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.

COVID-19 Impact on the Lipid Nutrition Market

The outbreak of Covid-19 positively impacted the demand and market size of the lipid nutrition market. The impact of the pandemic created awareness for health and well-being among consumers, as the importance of keeping a strong immunity led to an increase in demand for nutritional supplements, including lipid nutritional supplements. During the pandemic, consumers were seeking ways to improve their immune systems and protect them from infections. These lipid nutrition supplements have omega-3, which has anti-inflammatory properties that boost the immune system. Moreover, due to various e-commerce platforms, such as pharmeasy, the availability of medicines and supplements was increased. Hence this caused an increase in the market size of the lipid nutrition market, propelling its market growth. Therefore Covid-19 had a positive impact on the lipid nutrition market.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2024 – 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.

SEGMENTAL ANALYSIS

Global Lipid Nutrition Market Analysis By Product type

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.

Global Lipid Nutrition Market Analysis By product form

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.

Global Lipid Nutrition Market Analysis By source

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.

Global Lipid Nutrition Market Analysis By end-use industry

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.

REGIONAL ANALYSIS

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.

KEY PLAYERS IN THE GLOBAL LIPID NUTRITION MARKET

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

  • On 17th July 2023, 4GOLD, a food technology company, and Bunge Nutrition, a global nutritional in lipids supplements, launched LiFT, a lipid nutritional supplement that has long-chain triglycerides and medium-chain triglycerides for fast release of energy in athletes.

DETAILES SEGMENTATION OF THE GLOBAL LIPID NUTRITION MARKET INCLUDED IN THIS REPORT

This research report on the lipid nutirtion market has been segmented and sub-segmented based on product type, product form, source, end-use industry and region.​​​​​​​

By Product type

  • Omega 3
  • Medium chain triglyceride
  • Omega 6​​​​​​​

By product form

  • Liquid
  • Solid​​​​​​​

By source

  • Plant extracts
  • Marine sources​​​​​​​

By end-use industry

  • Food and beverages
  • Pharmaceuticals
  • personal care
  • Food ingredients

​​​​​​​By Region

  • North America 
  • Europe 
  • The Asia Pacific 
  • Latin America  
  • The Middle East and Africa

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Frequently Asked Questions

What is the major driving factor for 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.

What is the estimated CAGR of the market during the forecast period 2023-2028?

The market is estimated to register a CAGR of 10% during the forecast period.

Mention the top key players in the market?

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

What is the challenging factor for the market growth rate?

Lack of awareness and high cost of production are the major challenging factors for the market growth rate. 

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