Nutrition Lipid Market to 2027 - Scope of The Report and In-depth Methodology

According to The Insight Partners' research, the "Nutrition Lipid Market to 2027 - Global Analysis and Forecasts by Type (Omega-3, Omega-6, Medium-Chain Triglycerides, Others); Application (Dietary supplements and Nutraceutical, Pharmaceutical, Infant Formula, Animal Nutrition, Food Fortification, and Others); Source (Animal Source, and Plant Source); Form (Powder, and Liquid)", The Global Nutrition Lipid market is 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. The report includes a key understanding of the driving factors of this growth and also highlights the prominent players in the market and their developments.

In 2020, Asia-Pacific accounted for the largest share of the global nutrition lipids market. The growth of the nutrition lipid market in this region is primarily attributed to the rising spending on nutrient-enriched functional foods as well as supplements. Rising awareness related to the importance and health benefits of nutrition lipids among consumers is the main driver for the growth of the nutrition lipid market in the region. Furthermore, increasing spending power among consumers is the major factor that provides a lucrative growth opportunity for the nutrition lipid market players.

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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 consumers regarding a healthy & balanced diet and its health benefits. Also, omega-3 supplements such as EPA and DHA lessen the risk of colon, prostate, and breast cancer. 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.

Merger & acquisition and research & development were observed as the most adopted strategies in the global nutrition lipid market. For instance, in 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.

Under the application segment, dietary supplements and Nutraceutical is the leading segment. Lipid plays an important role in the absorption of essential vitamins such as A, D, and E, energy storage, and cell signaling. It has wide applications in the food & beverages, pharmaceuticals, and personal care industries. The dietary supplements and nutraceutical segment is anticipated to hold the largest market share due to the demand for better nutritional value in daily diets. According to the U.S. Food and Drug Administration, the intake of dietary supplements as products that contain dietary ingredients such as vitamins, minerals, and others enables better ingestion. Dietary supplements are expected at reducing the risk of chronic diseases and improve the nutritional value of daily diets. The composition of dietary supplements and nutraceuticals improves overall health. As consumers around the globe are more aware of the benefits offered by dietary supplements and nutraceuticals, it is expected to increase the demand for the global nutrition lipid market.

Chronic diseases are swiftly increasing worldwide. Nearly half of chronic disease deaths are attributable to cardiovascular diseases. However, obesity and diabetes are also affecting a large proportion of the population. Several factors have progressed in the prevention of chronic diseases such as low fat intake, healthy diet, etc. Omega 3, a type of nutrition lipid, is swiftly becoming an essential tool in mainstream medicine. Omega 3 has health benefits for every age group. They protect against chronic diseases such as asthma, cancer, arthritis, etc., and other major diseases. Omega-3 tune down the body's infection and help prevent chronic diseases. Also, a lower ratio of omega-6 to omega-3 is more appropriate to reduce the risk of numerous chronic diseases that have become epidemics in most western societies.

Therefore, Nutrition Lipid has emerged as a premium substitute for Portland cement for the building and construction industry. Rising awareness of chronic diseases and the growing use of omega-3 in the pharmaceutical industry coupled with rising R&D activities across the globe is boosting the market. Furthermore, the growing consumption of enhanced medication is anticipated to drive the demand for omega-3-based products across the globe over the forecast period.

The List of Companies: Nutrition Lipid Market

The market for nutrition lipids is concentrated with some very well-established players. Some of the key players in the nutrition lipid market include 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, and Polaris among others.

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Browse Adjoining Reports:

https://www.marketwatch.com/press-release/wheat-protein-market-financial-performance-strategic-initiatives-product-portfolio-and-company-overview-2022-10-14

https://www.marketwatch.com/press-release/dietary-supplements-market-historical-data-coverage-and-growth-projections-2022-10-14

https://www.marketwatch.com/press-release/vegan-dog-food-market-growth-strategies-and-industry-landscape-overview-2022-10-14

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