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Lipid Market 2024-2033: Production Analysis, Segmentation, Key Drivers And Top Players
Lipid Market
As per the report, the lipid market size has grown strongly in recent years. It will grow from $15.89 billion in 2023 to $17.3 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The lipid market size is expected to see strong growth in the next few years. It will grow to $24.32 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%.
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Rising Demand For Nutritional Supplements Fuels Growth In The Lipid Market
Increasing demand for nutritional supplements is expected to drive the growth of the lipid market going forward. Supplementation helps to fulfill the increased nutritional needs of a more active lifestyle or medical condition. Lipid-based nutrient supplements refer to products where the majority of energy is provided by lipids and include protein, energy, essential fatty acids, and micronutrients. Increased access to high-impact health and nutrition services for mothers and children, as well as nutrition supplies to promote children's growth and development, is driving the demand for the lipid market. For instance, in 2021, UNICEF (United Nations International Children's Emergency Fund), a US-based agency responsible for providing humanitarian and developmental aid to children worldwide, spent $175.6 million on nutrition items that are safe, effective, and cost-efficient. Among these, 44,554 metric tonnes of ready-to-use therapeutic food (RUTF) were shipped to 59 countries, with 67% originating in program nations. 433.2 million vitamin A capsules, including 383.8 million pills as CIK to 68 nations 665 million sachets of various micronutrient powders were given to 38 countries. Therefore, the demand for nutritional supplements is driving the demand for the growth of the lipid market.
Innovative Lipid Solutions Transform The Lipid Market
New product innovation is a key trend gaining popularity in the lipid market. Major companies operating in the lipid market are focused on developing new technological and innovative solutions to strengthen their market position. For instance, in October 2021, Bunge, a US-based agribusiness and food company, launched NuliGo, a specially structured medium-and long-chain triglyceride (sMLCT) that promotes muscle growth and maintenance. It is a plant-based lipid business. With NuliGo, Bunge Loders Croklaan delivers an ingredient created via insights from clinical nutrition into sports nutrition and active aging categories.
The lipid market covered in this report is segmented -
1) By Type: Omega-3, Omega-6, Medium-Chain Triglycerides (MCT)
2) By Product: Phospholipids, Glycollpds, Cholesterol
3) By Application: Food and Beverages, Pharmaceuticals, Nutrition and Supplements, Other Applications
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Major companies operating in the lipid market include Aveda Corporation, Burt's Bees Inc., The Estée Lauder Companies Inc., The Hain Celestial Group Inc., Amway Corporation, Bare Escentuals Beauty Inc., Arbonne International LLC, The Body Shop International PLC, Yves Rocher SA, L'Oréal S.A., Beiersdorf AG, Neutrogena Corporation, L'Occitane International S.A., Thesis Beauty, Eminence Organic Skincare Inc., Natura Cosméticos S.A, Weleda AG, Hindustan Unilever Limited (HUL), Fancl Corporation, DHC Corporation, Shanghai Pechoin Daily Chemical Co Ltd., JALA Group Co. Ltd., Shea Terra Organics LLC, Archer Daniels Midland Company, BASF SE, Koninklijke DSM N.V., Reckitt Benckiser Group PLC, Kerry Group PLC, Clover Corporation Limited, Croda International PLC, FMC Corporation, Cargill Corporation, Nordic Naturals Inc., Solutex Corp., Omega Protein Corporation, Merck Millipore Limited, Stepan Company, NOF Corporation
Contents of the report:
1. Executive Summary
2. Lipid Market Report Structure
3. Lipid Market Trends And Strategies
4. Lipid Market - Macro Economic Scenario
5. Lipid Market Size And Growth
…..
27. Lipid Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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