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Nutritional lipids market to accrue considerable gains from dietary supplement sales, rising popularity of omega-3 acid-based products to stimulate industry growth over 2017-2024
Nutritional lipids market
Shifting consumer preference towards healthy lifestyles along with rising awareness regarding benefits of dietary supplements will drive the product penetration. Key health benefits including enhanced eye health, effective curing of depression & anxiety along with reduced chances of heart diseases are among key factors fueling business growth.
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Company Profiles
1. BASF
2. DSM
3. Archer Daniels Midland Company
4. Polaris Industries
5. FrieslandCampina
6. FMC Corporation
7. Royal Canin
8. Neptune Wellness Solutions
9. Nordic Naturals
10. Omega Protein
11. The Kerry Group
12. Omega-9 Oils
13. Connoils LLC
14. CRODA INTERNATIONAL PUBLIC LIMITED COMPANY
15. Pharma Marine
Browse key industry insights spread across 350 pages with 317 market data tables & 12 charts & figures from the report, “Nutritional Lipids Market Growth Potential, Price Trend, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/nutritional-lipids-market
Elaborating further on the recent scoop, the global supplier of life science products, MilliporeSigma, entered into an agreement to be the exclusive multi-national distributor of the Alabama-based company’s top research lipids portfolio outside the United States. Sources reveal that the terms of agreement included the utilization of MilliporeSigma’s marketing and e-commerce platforms to distribute the lipids and attract larger consumer base. Similar efforts undertaken by other leading companies are expected to carve a lucrative roadmap for nutritional lipids industry in the years ahead. Betting on the shifting consumer preferences in terms of health consciousness and technological advancements, analysts anticipate the global nutritional lipids market to exceed USD 15 billion by 2024.
Animal source lipid nutrition demand registered more than 100 kilotons consumption in 2016. Strong outlook for omega-3 derived from marine oil in human as well as animal nutrition will support the business growth. However, decreasing fish oil production due to stringent regulations on environment & sustainability will enhance demand for plant sourced products.
Europe lipid nutrition market will witness gains exceeding 9% up to 2024. Growing geriatric population causing necessity for dietary supplements are key factors driving the industry growth. Government promotions and regulatory support for natural dietary ingredients will positively influence the product demand.
Global lipid nutrition market share is highly fragmented with key players including Archer Daniels Midland Company, BASF, Croda International, DSM N.V. and Polaris. Rising number of regional manufacturers has enhanced competition among industry participants. Companies are involved in several strategies including joint ventures, acquisitions, collaborations and supply agreements to gain competitive advantage.
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