Nutrition Lipid Market to Grow at 9.3% CAGR to Reach $16,429.6 Million by 2027 Led by Key Players Nordic Naturals, Archer Daniels Midland Company, Croda International, BASF, Koninklijke DSM, Neptune Wellness Solutions, Omega Protein, Pelagia, Pharma Marin
The research thoroughly establishes critical Nutrition Lipid Market drivers, well-identified restraints, future opportunities, and ongoing trends of the market with essential statistics to provide precise data in terms of value and volume. The report focuses on the competitive landscape along with the SWOT analysis of some leading company profiles that have a significant impact on global market practices.
The report actively includes informative aspects relating to product developments, launches, and trends, to assist Nutrition Lipid Market players, shareholders, and investors in strategic decision making. Besides, the report highlights the potential opportunities for the market players and future trends of the market by a logical and calculative study of the past and current market scenario.
The Asia Pacific accounted for the largest market share in the global nutrition lipid market.
The growth of nutrition lipid market in this region is primarily attributed to the rising spending on nutrient-enriched functional foods as well as supplements. Moreover, the criticality of the nutrition lipids in infant food in APAC is unparalleled and therefore generates remarkable demand for omega-3 produces. Rising awareness related to the importance and health benefits of nutrition lipid among the consumers is the main driver for the growth of nutrition lipid market in the region. This would influence the nutrition lipid market growth during the forecast period. Furthermore, increasing spending power among the consumers is the major factor that provides a lucrative growth opportunity for the nutrition lipid market players.
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A healthy diet helps to protect against malnourishment and non-communicable diseases (NCDs) such as heart disease, diabetes, and cancer. Keeping salt consumption to less than 5 gram per day helps to avoid hypertension, and lessens the risk of heart disease in the adult population. World Health Organization (WHO) member states have agreed to lessen the global population’s consumption of salt by 30% by 2025 also they agreed on to stop the growth in diabetes and obesity in 2025.
Nutrition Lipid Market Company Profiles:
• Archer Daniels Midland Company
• BASF SE
• Croda International Plc
• Koninklijke DSM N.V.
• Neptune wellness solutions Inc
• Nordic Naturals, Inc.
• Omega Protein Corporation
• Pelagia AS
• Pharma Marine AS
Nutrition Lipid is important to require in the daily diet for proper metabolism and functionality of the body. The nutrition lipid is comprised of different types of fats with precise benefits and functionality of the human body. However, nutrition lipid is also used in animal feed and pet food formulas to surge lipid contain by the products from the livestock and surges pet health. The nutrition lipid market is anticipated to grow due to the supplementary diet by the urban population across the globe. The nutrition lipid market is evolving due to the increased awareness about the advantages of a healthy diet among consumers.
Nutrition Lipid Market Strategic Insights:
Merger & acquisition and research & development were observed as the most adopted strategies in global nutrition lipid market. Few of the recent developments in the global nutrition lipid market are listed below:
2017: Royal DSM and Evonik formed a joint venture for omega-3 fatty acid products from natural marine algae for animal nutrition application. This innovation will enable the production of omega-3 fatty acids for animal nutrition without using fish oil from wild-caught fish, a finite resource.
2017: Seafood manufacturer Cooke Inc., acquired Omega Protein Corporation which is a nutritional product company dealing in specialty oils and specialty protein products. Through this acquisition, the company aimed to achieve another platform in Cooke’s growth strategy by diversifying in the supply side of the business.
2018: BASF AS completed a randomized, placebo-controlled clinical trial in the U.S., newly published in Nutrients, evaluating the use of high concentrate omega-3 to correct the nutritional deficiency of omega-3 fatty acid in patients with non-alcoholic fatty liver disease (NAFLD).
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.
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The report also puts forward the current and future Nutrition Lipid Market scenario derived precisely from a thorough analysis of the markets across five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The exhaustive PEST analysis is done for each region to assess major external factors which may influence the Nutrition Lipid Market in the coming years.
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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This Research Report Examines Company share by region and sector; Global and regional market positions; Category and country opportunities for growth; New product developments; Strengths and weaknesses; Brand portfolio; Marketing and distribution strategies; Challenges and threats from current competition and future prospects.
The global nutrition lipid market by type has been segmented into omega-3, omega-6, medium-chain triglycerides, and others. The omega-3 nutrition lipid segment dominated the global nutrition lipid market. The market of Omega-3 is propelled by factors such as an increase in awareness among consumer regarding a healthy & balanced diet and its health benefits. Also, omega-3 supplements such as EPA and DHA lessens the risk of colon, prostate, and breast cancer. A sufficient amount of EPA reduces the risk of depression and other health-related problems. The omega-3 market for infant formula witnesses a high growth rate, in the packaged food industry, due to developments in Asian countries such as China. Growth in the global omega-3 production and an increase in its demand are the major reasons for the higher growth across the regions.
The Nutrition Lipid Market study also includes the key drivers expected to boost the market growth and restraining factors along with future opportunities during the forecast. The Nutrition Lipid Market is likely to showcase symbolic growth opportunities owing to growing demands for Nutrition Lipid across the globe. The market report highlights top ten companies’ operation strategy in the market through a descriptive SWOT analysis of each company, business overview, products and services, financial statements of last three years, and key developments and product launches by the company in recent years.
On the basis of application, the global nutrition lipid market has been segmented into dietary, supplements and Nutraceutical, pharmaceutical, infant formula, animal nutrition, food fortification, and others. Under application segment, dietary, supplements, and Nutraceutical is the leading segment in the global nutrition lipid market. The growing importance of preventive healthcare has driven consumers to pay attention to their daily nutritional consumption. It is reflecting considerably in the uptake of dietary supplements and Nutraceutical across the globe. Dietary supplements and Nutraceutical can reduce or prevent the onset of chronic diseases such as arthritis, asthma, cancer, diabetes, etc.
As Nutraceutical products are kept with healthy ingredients, their demand is increasing, leading to a considerable rise across the regions. The growing consumer preference for high-protein diets with natural ingredients is also driving the global market for dietary supplements and Nutraceutical. The impact of the political, economic, social, and technological factors on the market across these regions help in giving insightful knowledge of the favorable and unfavorable conditions for the major market players including manufacturers, investors, and shareholders.
Key Insights that the report covers:-
• Key drivers, restraints, and prevailing trends
• Market size, growth rate, and opportunities
• Market share and position of the top players
• PEST Analysis of the five major regions
• Detailed SWOT analysis of top 10 companies
• Recent developments and new product launches
• Major challenges faced by the market players
The insights also cover the production, value, market share, and growth rate of these top manufacturers and investigate the competitive landscapes for a better understanding of the market scenario. The report is intended to help the readers develop a practical and intelligent approach to market dynamics and exploit opportunities accordingly.
The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. It also provides the overview and forecast for the global Nutrition Lipid market based on all the segmentation provided with respect to five major reasons. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the logistics industry.
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