The Nutritional Lipids Market size is estimated to reach 11.22 Billion by 2025, growing at a CAGR of 8.17% during the forecast period 2020-2025. Lipids and lipid-related compounds play significant roles in disease prevention and trigger biochemical regulatory systems in the body. The increasing awareness amongst consumers about healthy fat diets and concerns regarding health wellness has intensified the consumption of nutritional lipids foods and beverages. Along with the augment of fitness trends, the manufacturers are more focused on developing flavoured nutritional lipid products, which are driving the growth of Nutritional Lipids products during the forecast period 2020-2025.
Nutritional Lipids Market Segment Analysis – By Product Type
The Nutritional Lipids Market has been segmented, by product type, into Omega-3, Omega-6, Medium Chain Triglycerides (MCT), Phospholipids, Plant Sterols and others. Omega -3 held largest share in 2019 owing to numerous significances to health, like lower blood pressure, balanced hydration, minimize signs of aging, and many more. Also, Omega-3 is set to be the fastest growing with a CAGR of 9.15% during the forecast period 2020-2025. This is owing to advancement in developing Omega-3 health products through microencapsulation to provide stable bioactive ingredients.
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Nutritional Lipids Market Segment Analysis – By Application
Based on Application, Nutritional Lipids Market is segmented into Food and Agroindustry’s, Pharmaceuticals, and others. Pharmaceutical segment held largest share in 2019 owing to its usage and practicing in different industries to develop supplement capsule and personal care products that consist of omega-3 and omega 9 fatty acid essentials. Food and Agro industry is set to be the fastest growing CAGR during the forecast period 2020-2025. This is owing to growing demand of functional food for health improvement and to overcome nutrition deficiencies.
Nutritional Lipids Market Segment Analysis – By Geography
Based on Geography the Nutritional Lipids Market is segmented into North America, Europe, Asia pacific, and rest of the world. North America accounted for highest share of 39.88% in 2019. This is owing to increase in the obese and diabetic patients in U.S. Asia Pacific is set to be the fastest growing CAGR during the forecast period 2020-2025. This is owing to increasing pharmaceutical companies asking for usage of more lipids.
Nutritional Lipids market Drivers
Increasing Health Benefits
The Increasing demand for Lipids market is fats, which are the most energy rich component of food. Lipids are important and major constituent of food, which provide essential nutrients. Lipid plays an important role to decide flavour, texture, and appearance of food. Lipids differ from carbohydrates and proteins, as they are insoluble in water. The nutritional lipids also help to reduce low-density lipoproteins. Such factors are driving the adoption of nutritional lipids in the market. This in thus is driving the demand of Nutritional Lipids market during the forecast period 2020-2025.
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Nutritional Lipids Market Challenges
The Challenges for Nutritional Lipids Market such as the extraction of lipids, high processing & raw materials cost, and stringent norms enacted by the FDA on fish oil and Antarctic krill. The fatty acid composition of numerous animal-derived foods is not constant and can be improved by animal nutrition.
Nutritional Lipids Market Industry Outlook:
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Nutritional Lipids Market. Key companies of this market are Archer Daniels Midland Company, Clover Corporation, Croda international plc, Koninklijke DSM N.V. (The Netherlands), Nordic’s Naturals, Inc, Neptune Wellness Solution, Omega Protein Corporation, Polaris Nutritional Lipid, Parma Marine A and BASF SE.
In March, 2019, Archer Daniels Midland signed an agreement to acquire the Ziegler Group. As a cutting-edge leader, and leading European brand of natural citrus flavor ingredients, the Ziegler Group influences ADM to provide an innovative range of citrus solutions for food and beverages.
Geographically, North America dominated the market in 2019 owing to the increasing number of diabetic patients in U.S.
Factors such as increasing awareness about numerous health advantages such as proper nourishment to hair, reduction in inflammation and healthy fat diet by lipid nutrition in fortified foods among consumers are driving the demand for Nutritional Lipids Market during the forecast period 2020-2025.
Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Functional Food Market report.
Related Reports :
A. Medium Chain Triglycerides Market
B. Omega 3 And 6 Market
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