Lipids Market was valued at US$ 11.07 Bn. in 2023 and the total Lipids revenue is expected to grow at 9.3% from 2024 to 2030, reaching nearly US$ 20.63 Bn.
Lipids Market Overview:
The Lipids Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Lipids Market, as well as the causes for variances in the industry’s growth in various places.
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Lipids Market Scope:
To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.
Lipids Market Drivers:
Due to their increasing use in drug development & many other pharmaceutical applications, lipids are expected to see an increase in demand during the forecast period. In particular, it was one of the essential components used in the making of COVID-19 vaccines in the year 2023. In the pharmaceutical business, they are considered as essential active ingredients for the production of the majority of pharmaceutical formulations. Growing health concerns and the importance of medications are expected to boost the demand for medicines, which will present profitable growth prospects for lipids market during the forecast period. Rising consumption of nutrition & supplements coupled with increased public awareness regarding health & fitness.
The segment is driven by consumers that need to maintain & satisfy their daily nutritional supplies. Lipids in the diet affect the food's texture, flavor, & caloric content. It plays many of roles in the human body like the absorption of fat-soluble nutrients & vitamins as a source of stored energy.
Lipids Market Segmentation:
by Product
source Marine
Plant
by Product
Omega-3
MCT
Omega-6
Others
by Application
Pharmaceuticals
Food
Personal Care & Cosmetics
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Lipids Market Key Players: The key players are
1.BioNTech SE (Germany)
2.Merck Millipore Ltd (Germany)
3. BASF SE (Germany)
4. Lipoid GmbH (Germany)
5. CordenPharma International (Germany)
6. Gattefossé (France)
7. Koninklijke DSM N.V. (Netherlands)
8. Kerry Group plc (Ireland)
9. Avanti Polar Lipids (US)
10. ABITEC Corporation (US)
11.Stepan Company (US)
12. Matreya LLC (US)
13. Cargill Incorporated (US)
14. Omega Protein Corporation (US)
15. CD Bioparticles (US)
16. Cayman Chemical Company (US)
17. Curia Global Inc (US)
18.Precision NanoSystems (Canada)
19.Tokyo Chemical Industry Co. Ltd. (Japan)
20. Nippon Fine Chemicals Co. Ltd. (Japan)
21. Wilmar International Limited (Singapore)
22. Sonic Biochem Extractions (India)
23. VAV Life Sciences Pvt Ltd. (India)
Regional Analysis:
Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Lipids Market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
Key Questions Answered in the Lipids Market Report are:
- Which sub-segment had the largest share in the Lipids Market?
- How is the competitive landscape of the Lipids Market in 2023?
- Which are the key drivers impacting the Lipids Market growth?
- Which region holds the maximum share in the Lipids Market?
- What will be the CAGR of the Lipids Market during the forecast period (2023-2029)?
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