Press release
Global Lipid Market: Booming Industry With CAGR of 8.9% and Fueled By Nutritional Supplements and Personalized Nutrition Plans
Lipid Market
The burgeoning interest in health and wellness, along with the rise in functional foods and nutraceuticals, is driving significant growth in the global lipid market.
What Is The Projected Market Size Of The Global Lipid Market And Its Growth Rate?
The lipid market has witnessed considerable growth in recent years, thanks to rising consumer health awareness and expansion in related sectors. Specific growth details include:
• Market Size in 2024: $17.3 billion
• Projected Market Size in 2025: $18.84 billion with a CAGR of 8.9%
• Expected Market Size in 2029: $26.48 billion with the same CAGR.
What Is Driving The Growth In The Lipid Market?
The growth in the lipid market is significantly driven by the burgeoning demand for nutritional supplements. Offering a majority of dietary energy through lipids, these supplements are becoming increasingly vital for those who lead active lives or have particular medical conditions. Enhanced access to impactful health and nutrition services for mothers and children and focus on promoting children's development are further precipitating the lipid market's demand. A survey of 3,192 adults by the Council for Responsible Nutrition showed that 74% of U.S. adults consume dietary supplements, and confidence in the quality of sports nutrition supplements grew by 5% in 2023. As a result, the demand for nutritional supplements is propelling the lipid market's growth.
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Who Are the Key Players Driving Lipid Market Growth?
Key players 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., and many more
What Are The Key Trends In The Lipid Market?
The lipid market in the forecast period will be driven by:
• Emphasis on plant-based and omega-3 fatty acids
• Demand for clean label and non-GMO lipids
• Research on the health benefits of lipids
• Emerging markets and urbanization
• Regulatory support for health claims
• Focus on sustainable sourcing and production
What Are The Segments Of The Global Lipid Market?
The global lipid market is categorized into:
• Type: Omega-3, Omega-6, Medium-Chain Triglycerides (MCT)
• Product: Phospholipids, Glycolipids, Cholesterol
• Application: Food and Beverages, Pharmaceuticals, Nutrition, and Supplements, Other Applications
Which Region Leads The Lipid Market?
Asia-Pacific emerged as the largest region in the lipid market in 2024 and is expected to maintain its lead, showing the fastest growth rate in the forecast period with growth in emerging markets and rapid urbanization.
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What Is Covered In The Lipid Market Global Market Report?
- Market Size Analysis: Analyze the Lipid Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Lipid Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Lipid Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Lipid Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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