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Lipid Market

Lipid Market: Information by Source (Animal, Plant), Application (Food & Beverages, Pharmaceuticals, Nutrition & Supplements, Others), and Region — Forecast till 2030

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Market Overview

The global lipid market size was valued at USD 7.28 billion in 2021 and is projected to reach USD 15.59 billion by 2030 at a CAGR of 8.83% from 2022 to 2030.

As fatty acid derivatives or closely related substances, lipids are substantial organic molecules. Alcohols and organic solvents are far more soluble in lipids than water, which makes them insoluble in water in general. Lipids, along with carbohydrates and proteins, contain esters and fats with comparable characteristics. In addition to serving as structural elements of cell membranes, lipids also serve as energy storage devices and signalling molecules.

Global market growth for the product has accelerated due to rising consumption creating COVID-19 vaccines. By the end of 2023, Partners in Health estimated that the world would need over 22 million additional vaccines to stabilize COVID-19's impacts and bring them under control. Over the forecast period, this is anticipated to raise the demand for lipids globally.


Market Snapshot

market snapshot
Base Year
: 2021
Study Period
: 2020-2030
: 8.83 %
Fastest Growing Market
: North America
Largest Market
: Asia Pacific
Market Size
: 15.59
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Market Dynamics

Drivers For The Global Lipid Market

  • Awareness About Superior Functional Properties Drive The Market

Rapid urbanisation, sedentary lifestyles, and increased consumption of fast food are all contributing factors to the growth in obesity and other health-related problems. As a result, there is a rise in global demand for nutritional lipids and a rise in health consciousness among people. In order to preserve the flavour and aroma of their products, numerous food manufacturing companies are also substituting lipids for synthetic flavouring carriers. These include density, hydrogenation, and emulsification, which are superior functional qualities that account for this.

  • The Personal Care Industry Is Driving The Market

It is anticipated that the worldwide lipid market will increase due to the rising use of lipids as a natural element in the personal care sector. Aside from that, significant firms are creating nutritious ingredients to increase their influence in the pharmaceutical and food and beverage (F&B) sectors. They also significantly rely on marketing initiatives, such as celebrity endorsements, to increase overall sales. The global demand for lipid supplements is also rising because of the rising numbers of vegans and vegetarians and the growing necessity to supplement one's diet with enough nourishment.

  • The Personal Care Industry Is Driving The Market

It is anticipated that the worldwide lipid market will increase as a result of the rising use of lipid as a natural element in the personal care sector. Aside from that, major firms are creating nutritious ingredients in order to increase their influence in the pharmaceutical and food and beverage (F&B) sectors. They also significantly rely on marketing initiatives, such as celebrity endorsements, to increase overall sales. The global demand for lipid supplements is also rising because of the rising numbers of vegans and vegetarians, as well as the growing necessity to supplement one's diet with enough nourishment.

Restraints For The Global Lipid Market

  • High Raw Material Prices And Unsuitability Among Patients Restrict The Market

It is anticipated that barriers to the expansion of the lipid market include factors like unsuitability for patients with specific medical conditions, intense competition among raw material suppliers, problems with the sustainability of fisheries, and decreased catch quotas. Increasing costs for technology and raw materials are anticipated to be a problem for the market over the projected period.

Opportunities For The Global Lipid Market

  • Technological Developments And The Pandemic Bring In New Opportunities

The report's primary market drivers, including technological developments such as microencapsulation, will support industry expansion throughout the forecast period, including rising uses in infant formulae and dietary supplements. Additionally, this market has a lot of possibilities due to the emergence of well-known raw material suppliers. Lipids are anticipated to have a positive impact on the market in the years to come due to the rising introduction of novel lipids over the past ten years that have demonstrated enormous potential for medical and nutritional applications.

People are more health conscious and focused on boosting their immune systems to stay fit during the COVID 19 pandemic and lockdown situation. In doing so, the COVID-19 attack would not be able to infect customers. As a result, consumers are spending more on food that is both healthy and nourishing. A favourable market development rate is therefore anticipated for the industry during the projection period.


Segmental Analysis

This lipid market share can be segmented on the basis of sources, applications, geographical regions and competitors. The market's largest share in 2021 was held by the plant-based sector, which is also expected to rise at a faster CAGR of 9.1% from 2022 to 2030. Plant-based lipids have anti-inflammatory properties that prevent arteries from hardening, alleviate muscle pain, and enhance the physical health of the brain, heart, and other body components that have developed redness, swelling, heat, and pain as a result of a reaction or infection. Consequently, it is anticipated that the plant-based category will have a big impact on the market.

The animal-based category is expected to increase by 8.3% from 2022 to 2030, accounting for approximately 40% of the market in 2021. Animals such as chicken and turkey, beef, pork, mutton, horse, lamb, and other animals' milk, eggs, and flesh are used to make animal source lipids. Lipids from animal sources have a taste by nature. More saturated lipids are present in animal-based lipids, which results in higher heat output and longer heat retention. Therefore, during the forecast period, this animal sources lipids category is expected to contribute to the market.

More than 35% of the market was contributed by the food and beverage application in 2021, and it is predicted that this sector will expand at a CAGR of 8.2% from 2022 to 2030. One of the main issues influencing the food and beverage business is the increasing significance of lipids in the body and their physiological effects. In order to enhance the scent, flavour, texture, and density of commercially produced delicacies, lipids play a significant part in their preparation.

In 2021, the application for nutrition & supplements accounted for over 20% of the market share; from 2022 to 2030, it is anticipated to grow at the quickest rate of 10.2%. Along with increased consumption of nutrition and supplements, there is a greater awareness of health and fitness among the populace. Demand for this market segment will be driven by customers' desire to maintain and satisfy their daily nutritional requirements.

Due to their expanding use in drug development and numerous other pharmaceutical applications, lipids are projected to increase in demand in the coming years. In particular, it was an essential component in creating COVID-19 vaccines in 2021. In the pharmaceutical business, they are recognized as essential excipients for creating the vast majority of dosage forms. In light of the expanding health issues, the importance of medications and drugs is projected to increase the demand for pharmaceuticals, opening up good growth potential for lipids shortly.


Regional Analysis

From 2022 to 2028, the largest increase is anticipated to occur in the Asia Pacific, at 9.4%. The regional benefits from the contributions made by China and India. The industry is being driven by several key factors, including a growing population, quickly evolving lifestyles, business-friendly government regulations, and investments by large corporations. The increasing demand for nutraceutical products and the expansion of the pharmaceutical industry in the region are two factors that will likely cause the APAC region to grow rapidly over the course of the forecast period. Due to the rising demand for lipids in the nutraceutical industry, India is projected to control the majority of the growth of the lipids market in the Asia Pacific region.

The market in North America is predicted to increase by 8.6% from 2022 to 2028, with a share of roughly 25% in 2021. The United States is helping the market grow in a beneficial way. The regional demand is being influenced by citizens' growing concern for their physical and mental well-being as well as their knowledge of the constituents in wholesome, everyday foods. Fortified foods and dietary supplements have a sizable market base in this region.

One of Europe's notable regions with a strong pharmaceutical and medical business. The development of the European pharmaceutical market, based on research, is essential. The European Federation of Pharmaceutical Industries and Associations (EFPIA) estimates that Europe became the second-largest pharmaceutical product market in 2022, with 23.9% of global pharmaceutical sales. The effective use of lipids in the manufacture of vaccines and the large-scale internal manufacturing carried out by numerous European firms are anticipated to affect the market's growth as a whole positively.


Lipid Market Regional Analysis
Regional Growth Insights Download Free Sample

Top Key Players of Lipid Market

The following companies are some of the major players in the worldwide lipid market: 

  1. Cargill Inc.
  2. BASF SE
  3. Archer Daniels Midland Company (ADM)
  4. Kerry
  5. Nordic Naturals Inc.
  6. Clover Corporation
  7. Croda International Plc
  8. Lipoid Kosmetik AG
  9. Omega Protein Corporation.


Report Scope

Report Metric Details
CAGR 8.83%
Forecast Period 2023-2031
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered
  1. By Source
    1. Animal
    2. Plant
  2. By Application
    1. Food & Beverages
    2. Pharmaceuticals
    3. Nutrition & Supplements
    4. Others
Geographies Covered
  • North America
  • Europe
  • APAC
  • Middle East and Africa

Recent Developments

  • In January 2023, Cargill successfully acquired Owensboro Grain Company.
  • In January 2023, TEMCO operations will be expanded by CHS Inc. and Cargill to encompass the Texas Gulf.
  • In January 2023, BASF invested in growing the polymer dispersions industry in Merak, Indonesia.

Lipid Market Segmentation

By Source

  • Animal
  • Plant

By Application

  • Food & Beverages
  • Pharmaceuticals
  • Nutrition & Supplements
  • Others

By Regional

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

Frequently Asked Questions (FAQs)

What is the growth rate for the Lipid Market?
Lipid Market size will grow at approx. CAGR of 8.83% during the forecast period.
Some of the top industry players in Lipid Market are, Cargill Inc., BASF SE, Archer Daniels Midland Company (ADM), Kerry, Nordic Naturals Inc., Clover Corporation, Croda International Plc, Lipoid Kosmetik AG, Omega Protein Corporation., etc.
In the Lipid Market, Asia Pacific has established itself as the market leader with a significant market share.
The North America region has experienced the highest growth rate in the Lipid Market.
The global Lipid Market report is segmented as follows: By Source, By Application
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