Global Lipids Market Size (2022-2030) Share, Industry Trends, Growth, Challenges, and Forecast: Custom Market Insights

The Global Lipids Market Size was valued at USD 11.7 billion in 2021 and is expected to reach USD 12.99 billion in 2022 and is estimated to reach USD 23.15 billion by the end of 2030 at a CAGR of approximately 6.7% during the forecast period 2022-2030.

The lipids are large and flexible compounds derived from fatty acids and other familiar compounds. Lipid moieties are the major constituent of the body's cell membrane, followed by proteins and carbohydrates. Lipids are usually insoluble in water but highly soluble in organic solvents like benzene, ethanol, etc.

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The Lipids Market: Overview

The lipid moieties play crucial roles in the body, including energy storage, chemical signaling, a basic component of cells that provide structural support and integration of the chemicals, etc. The lipid is the primary reason for the quasi-fluid nature of the cell, which helps in cell-to-cell interaction. The lipid-based cell membrane regulates the flow of different substances, including water and other solvents, vitamins, ions, nutrient compositions, etc.

Vitamins such as A, D, E, and K are lipid soluble, and they help the body cells regulate different metabolic functions. Apart from that, the lipid molecules also play other roles, including shock absorption, monitoring of different biological processes, vitamin absorption, and transportation to different body parts.

The Lipids Market: Growth Factors

• The increased popularity of lipid superfoods drives the market growth

A sedentary lifestyle and rapid urbanization resulted in several health-related problems, including obesity. The increased awareness of health concerns has led to a huge demand for nutritional lipids. Moreover, the density, hydrogenation, and emulsification properties allow the lipids to be used as synthetic flavoring carriers that could maintain the product's taste and smell.

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• The high popularity of lipids in the cosmetic industry propels the market growth

Lipids are one of the most crucial elements used in cosmetics. The lipids are derived naturally from plant extracts and are better alternatives to the chemical-based constituents which otherwise cause allergies and skin rashes. The lipids used in cosmetics include waxes, glycerophospholipids, triglycerides, sterols, and ceramide.

The Lipids Market: Key Insights

• In 2021, the lipids market accounted for 25% market share of the global fats and oil industries.
• Based on type, glycerophospholipid held the market share in 2021 with 81%.
• Based on lipid source, the plant source segment accounted for 61% of the market share in 2021.
• The food and beverage applications accounted for 55% of the global lipids market in 2021.
• The Asia Pacific holds, region-wise, the largest market share, which accounts for 43.7 % in the base year.

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The Lipids Market: Recent Developments

• In 2018, Archer Daniels Midland Company announced the acquisition of the Item Foods Company which manufactures savory organic flavors. The acquisition is likely to expand the product portfolio of the company.
• The Company named Oziva took the initiative to create omega -3 based multivitamins in February 2021. The new outlook associated with lipid consumption helped expand the lipids market.
• In July 2019, Royal DSM partnered with Evonik to produce omega-3 sources and occupied a market value of USD 200 million. The lipid is derived from marine algae, which hold several nutritional properties.
• In 2020, a US-based pharmaceutical company named Moderna Inc. announced the deal with Corden Pharma to produce large amounts of covid vaccines and secure the lipid sources so that it could meet the huge demands for vaccines.

The Lipids Market: Key Players

DSM (Netherlands)
Polaris (France)
ADM (U.S.)
Stepan Company (U.S.)
BASF SE (Germany)
Solutex GC (Spain)
Smith & Zoon (Netherlands)
FMC Corporation (U.S.)
Pharma Marine AS (Norway)
Croda International Plc (U.K.)
Cargill, Incorporated (U.S.)
Aker Bio Marine (Norway)
Clover Corporation (Australia)
Omega Protein Corporation (U.S.)
Lonza Group AG (Switzerland)

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The Lipids Market: Segments

By Type

Sphingomyelin
Glycerophospholipid
Cholesterol
Monoglycerols
Diacylglycerols
Fatty Acids

By Source

Plant source
Animal source

By Application

Food & Beverage
Nutrition & Supplement
Personal Care & Cosmetics
Pharmaceuticals
Others

The Lipids Market: Geography

North America

The U.S.
Canada
Mexico

Europe

France
The UK
Spain
Germany
Italy
Rest of Europe

Asia Pacific

China
Japan
India
Australia
South Korea
Rest of Asia Pacific

The Middle East & Africa

Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa

Latin America

Brazil
Argentina
Rest of Latin America

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This release was published on openPR.