Home > Food & Beverages > Lipid Market Outlook, Growth, Forecast to 2030
Straits Research

Lipid Market

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

Table of Content Download Sample

Market Snapshot

market snapshot
Base Year:
Study Period:
8.83 %
Fastest Growing Market:
North America
Largest Market:
Asia Pacific

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.

Get more information on this report Download Sample Report

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 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.

Segmentation For The Global Lipid Market

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.

Regional Analysis

Lipid Market Regional Analysis

Regional Growth Insights Request Sample Pages

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.

Key Players

The market for lipids is characterized by the existence of numerous well-established businesses as well as numerous small and medium-sized players. Manufacturers are primarily using organic and inorganic methods to spread their imprints over the globe. The competitive landscape for the lipid market breaks down information by the competitor. Included information includes a business overview, financials, revenue generated, market potential, investments in R&D, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launches, product breadth and depth, and application dominance. The data points mentioned above only pertain to the companies focused on the lipid market. The following companies are some of the major players in the worldwide lipid market: Cargill, Inc., BASF SE, Archer Daniels Midland Company (ADM), Kerry, Nordic Naturals, Inc., Clover Corporation, Croda International Plc, Lipoid Kosmetik AG, and Omega Protein Corporation.

Recent Development

  • In order to keep up with the emerging nutritional lipid market trend, OZiva began producing omega-three multivitamins in February 2021. Certain supplements were produced in accordance with the nutritional market perspective, which contributed to igniting the marketing trend.
  • A significant business in medication delivery systems, Avanti Polar Lipids, was bought by Croda in August 2020.
  • Moderna Inc., a provider of pharmaceutical ingredients, will extend the contract with CordenPharma in May 2020. In accordance with the contract, Moderna obtained the supply of a sizable quantity of lipids to produce the COVID-19 vaccine.
  • With a market value of USD 200 million, Veramaris 50-50, a manufactured omega 3 product, was launched by Royal DSM and Evonik in July 2019. These marine algae, which are useful in salmon aquaculture, are used to create the lipid in this situation.

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
Price Starts From

Purchase Benefits

  • Eligible for a free updated report next year
  • Completely customizable scope
  • 30% discount on your next purchase
  • Dedicated account manager
  • Query resolution within 24 hours
  • Permission to print the report
Want to learn more about recent trends and data ?
They Already Trust Us :
Meiji Seika Kaisha Ltd
Need Assistance?
+1 646 480 7505 (U.S.)
+44 208 068 9665 (U.K.)
Looking For Custom Report ?

Report Benefits

  • Develop business strategies by understanding the trends shaping and driving the Market.
  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Market in the future.
  • Formulate effective sales and marketing strategies by understanding the competitive landscape and by analysing the company share of market leaders.
  • Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
  • Track sales in the global and country-specific Market.
  • Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments and strategic partnerships.
Check Our License Options :
Report Snapshot

As featured on :

Trusted by Fortune 500
Over 30000+ subscribers