Nutritional Lipids Market Size, was valued at USD 10.85 Billion at CAGR 6.89 % in 2030 | MRFR
Nutritional Lipids Market Outlook
Market Research Future (MRFR) has released a
new market research report on the global nutritional lipids market. The global
nutritional lipids market is studied in detail in terms of its historical
growth trajectory, to provide pointers as to how the market is likely to grow
over the forecast period from 2020 to 2030. The major growth drivers and restraints
affecting the global nutritional lipids market are assessed in detail in the
report, which also sheds light on the competitive dynamics within the market by
profiling the key players operating in the market. The major segments within
the global nutritional lipids market are also profiled in the report. Nutritional
lipids market size is anticipated to reach USD 10.98 billion by 2030,
registering a CAGR of 6.89% during 2022-2030.
Nutritional lipids play a crucial role in
maintaining the health of crucial organs such as the brain and the heart in
animals as well as humans. The growing awareness about healthy diets has driven
the demand from the nutritional lipids market over the last few years and is
likely to be a major driver for the market over the forecast period as
consumers become more aware of the more nuanced benefits of nutritional lipids.
Increasing research into the medical benefits of nutritional lipids market
share is likely to remain a major driver for the global nutritional lipids market,
as several leading players have launched studies to understand the potential
benefits of nutritional lipids in curing or preventing certain neural or
cardiac diseases.
COVID 19 ANALYSIS
The outbreak of COVID posed awareness as well
as increased the necessity of immunity among the population which has helped
them in safeguarding from getting infected from the virus.it had led to
accelerating the sale of the nutritional lipid market. After recovering from
COVID, the consumption of nutrients on the patients has increased. It led to
disruption in the supply chain and hampered consumer behavior. The outbreak of
the pandemic had led to the shutdown of certain production units thus hampering
the manufacturing of the nutritional lipids.
The growing demand for Nutritional
Lipids Market Size for
treating malnutrition is likely to be a major driver for the global nutritional
lipids market over the forecast period. Malnutrition has become a major problem
in emerging regions around the world due to the lack of awareness about a
well-balanced diet among poorer populations. This has led to increasing
government efforts to satiate the needs of the impoverished by introducing
fortified foods such as oils and bakery products containing extra nutrients.
The increasing demand for nutritional lipids in infant-oriented foods is likely
to remain a key driver for the global nutritional lipids market over the
forecast period, along with the growing demand for nutritional lipids in the
animal feed industry.
Segmentation:
The
global nutritional lipids market Share has been segmented based on type,
source, form, application, and region.
The
global nutritional lipids market has been classified based on type into
omega-3, omega-6, medium-chain triglycerides (MCTs), and others.
Based on
the source, the global nutritional lipids market has been
divided into animal and plant segments.
By form,
the global nutritional lipids market includes powder and liquid.
Based on
application, the global nutritional lipids market is segmented
into dietary supplements and nutraceuticals, infant formula, pharmaceuticals,
fortified food & beverages, animal nutrition, and others.
Regional
Analysis:
The global nutritional lipids market is
segmented into North America, Europe, Asia Pacific, and the rest of the world
based on region.
The Asia Pacific holds the largest share in
the global nutritional lipids market and is likely to remain the dominant party
in the forecast period due to the growing awareness about women’s and infant
nutrition in the region. The growing animal nutrition industry in the region is
also likely to be a major driver for the nutritional lipids market in the Asia
Pacific over the forecast period. China is likely to remain the leading revenue
contributor in the Asia Pacific region over the forecast period due to the
growing infant nutrition as well as animal nutrition industries in the country.
North America is expected to exhibit growth at
the fastest CAGR over the forecast period due to the growing demand for
fortified food in the region and the growing interest among consumers in
nutritional lipids and other forms of fortified food.
Competitive
Analysis:
Leading players in the global nutritional
lipids market include Koninklijke DSM NV, Croda International plc, Archer
Daniels Midland Company, FMC Corporation, Pharma Marine AS, Kerry Group, Royal
FrieslandCampina NV, BASF SE, Polaris, Neptune Wellness Solutions, Nordic
Naturals Inc., and Omega Protein Corporation.
Industry Updates:
In January 2019, a study highlighting the
benefits of Key liquid
nutritional supplements Market Players for malnourished
children in South Africa’s Jouberton community was backed by DSM and Unilever
for its supportive role towards the benefits of nutritional lipids. Such
studies are likely to drive interest and demand from the nutritional lipids
market over the coming years.
NOTE:
Our Team of Researchers is Studying Covid19 and its Impact on Various Industry
Verticals and wherever required we will be considering Covid19 Footprints for
Better Analysis of Market and Industries. Cordially get in Touch for More
Details.
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