Nutritional Lipids Market to Hit 11.15 Billion USD by 2022


Posted August 24, 2020 by Sonalp_MnM

Lipid Nutrition Market (Nutritional Lipids) by Type (Omega-3, Omega-6, MCTs), Source, Form, Application, and Region - Global Forecast to 2022

 
The "Lipid Nutrition (Nutritional Lipids) Market by Type (Omega-3, Omega-6, MCTs), Source, Form, Application (Dietary Supplements & Nutraceuticals, Infant Formula, Pharmaceuticals, Food Fortification, Animal Nutrition), and Region - Global Forecast to 2022", The global lipid nutrition market was valued at USD 6.51 Billion in 2016, and is projected to reach USD 11.15 Billion by 2022, at a CAGR of 9.4% during the forecast period.

https://www.marketsandmarkets.com/Market-Reports/lipid-nutrition-market-43909625.html

The lipid nutrition market is emerging due to increased awareness about the benefits of a healthy diet among the population, growing health concerns, increasing incidences of diseases with poor therapeutic alternatives, and a large portion of the population trying to ward off the effects of aging. The growing innovation in almost all segments such as functional foods, pharmaceuticals, infant formula, animal nutrition, and dietary supplements are also fueling the growth of lipid nutrition in emerging economies.

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On the basis of type, the Omega-3 segment is estimated to account for the largest market share in the lipid nutrition market in 2017. It is considered as the most widely used lipid nutrition type, owing to its various health benefits. The Omega-3 market is driven mainly by the growing health consciousness & increased life expectancy among consumers, rising cases of chronic diseases, increasing applications of Omega-3, and emerging technologies in food processing to upgrade the nutritional benefits of the food products.

In 2017, Asia-Pacific is estimated to hold a significant share in the global lipid nutrition market and is also projected to grow at the highest CAGR during the forecast period. The growing infant and women nutrition markets in countries such as India, China, Japan, and South Korea along with diet diversification, and the liberalization of foreign direct investments in the food sector, are the main factors contributing to the dominance and fast growth of Asia-Pacific in the global lipid nutrition market. China is the dominating country in the Asia-Pacific region, due to the high consumption of lipid nutrition in infant nutrition and animal nutrition sectors. There have been immense growth opportunities in the European and North American markets, due to the rising demand for lipid nutrition from the food and feed industries.

Lleading companies are Koninklijke DSM N.V. (Netherlands), BASF SE (Germany), Nordic’s Naturals, Inc. (U.S.), Croda International Plc (U.K.), Archer Daniels Midland Company (U.S.), Kerry Group plc (Ireland), FMC Corporation (U.S.), Neptune Wellness Solutions (Canada), Aker BioMarine AS (Norway), Omega Protein Corporation (U.S.), FrieslandCampina (Netherlands), and Polaris Nutritional Lipids (France).

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Issued By Markets and Market
Country United States
Categories Food
Tags lipid nutrition , lipid nutrition market
Last Updated August 24, 2020