The global nutrition lipid market accounted to US$ 7,443.2 Mn in 2018 and is expected to grow at a CAGR of 9.3% during the forecast period 2019 – 2027, to account to US$ 16,429.6 Mn by 2027.
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Growing awareness in emerging economies provides opportunity for the market growth
The nutrition lipid market is emerging owing to increased awareness about the advantages of a healthy diet among the consumers and growing health concerns. The rising innovation, such as functional foods, pharmaceuticals, and dietary supplements, are creating growth opportunities for nutrition lipid in emerging economies. The growing infant and women nutrition markets in emerging region such as the Asia Pacific and Africa. The liberalization of foreign direct investments in the food sector are the main factors that generate opportunities for the global nutrition lipid market. Moreover, rising demand for supplements & functional foods together with growing disposable income in Asia and Africa region is expected to boost the nutrition lipid market growth over the forecast period. Also, the demand for infant foods containing omega-3 is growing in emerging regions. There is a growing awareness of the benefits of omega-3 in terms of healthy infant growth among parents in these regions. Thus, these factors are propelled to create opportunities in the market.
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