Lipids Market Precise, Powerful, & Measurable

The growing prevalence of chronic diseases globally has enhanced the demand of the market. The rising healthcare expenditure for better health services are also attributing in the growth of the market. The major market players are highly focusing on various product launches and drug approvals during this crucial period. In addition, the increasing demand for lipids in various other industries such as food and beverage, cosmetic industries and among others also contributing in the rising demand for lipids market.
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Global lipids market is expected to gain market growth in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 8.4% in the forecast period of 2023 to 2030 and is expected to reach USD 23,313.48 million by 2030 from USD 12,267.84 million in 2022.
Lipids can be defined as a group of organic compounds found in animals, plants, and micro- organisms. They include sterols, waxes, fats, and fat soluble vitamins. Lipids hold an ability to execute various activities. At the same time, they are known for having low toxicity levels. These qualities of lipids help in effective drug delivery. As a result, they are increasingly used as excipients in the drug production. This factor is fueling the growth of the global pharmaceutical lipids market

Key players operating in the lipids market are Alnylam Pharmaceutical, Inc., Croda International Plc., Moderna Inc., BioNTech SE., Pfizer Inc., Evonik Industries AG, Lipoid GmbH, Matreya LLC, VAV Life Sciences Pvt Ltd., Curia Global Inc., Cargill, Incorporated,

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