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Lipids Market to reach USD 20.63 Bn at a CAGR of 9.3 percent by 2030- Says Maximize Market Research

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Lipids Market to reach USD 20.63 Bn at a CAGR of 9.3 percent by 2030- Says Maximize Market Research

May 16
21:41 2024
Lipids Market to reach USD 20.63 Bn at a CAGR of 9.3 percent by 2030- Says Maximize Market Research
Lipids Market
The Lipids Market is experiencing growth driven by the increasing use of lipids in pharmaceutical applications & drug development. The Lipids Market is segmented into Product Source (Marine, Plant), Product (Omega-3, MCT, Omega-6, Others), and Application (Pharmaceuticals, Food, Personal Care & Cosmetics) to understand the market in a better way.

Maximize Market Research, a leading Life Science business consultancy and research firm has published a report on the “Lipids Market”. The total market opportunity for Lipids Market was USD 11.07 Bn in 2023 and is expected to grow at a CAGR of 9.3 percent in the forecast period, reaching USD 20.63 Bn by 2030. As per the report, the global Lipids Market is expected to be dominated by the Asia-Pacific and North America regions to grow at a significant growth rate through the forecast period.

Lipids Market Report Scope and Research Methodology

Market Size in 2023: USD 11.07 Billion

Market Size in 2030: USD 20.63 Billion

CAGR: 9.3 Percent

Forecast Period: 2024-2030

Base Year: 2023

Number of Pages: 223

No. of Tables: 126

No. of Charts and Figures: 186

Segment Covered: By Product, Application, and Product Source

Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage: Market Share, Size and Forecast by Revenue | 2023−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

Get a Free Sample PDF of this Research Report for more Insights with a Table of Content, Research Methodology, and Graphs

Lipids Market Scope and Research Methodology

The main aim of the report is to provide a complete analysis of the Lipids market in simple language including qualitative and quantitative data. It also provides an in-depth analysis of the latest trends in each segment from 2024-2030 with a comprehensive analysis of the Lipids market drivers, restraints, challenges and opportunities. The report covers all the main aspects of the Lipids market with an analysis of the PESTLE Analysis, Porter’s Five Forces model, market forecasts in terms of value competitive landscape, Key players benchmarking, market dynamics and  trends in the market.

The bottom-up approach was used to estimate the global and regional Lipids market size. The primary and secondary research methods were used to get the data and the data was gathered by using both methodologies to get accurate and error-free findings on the Lipids market. The secondary research includes data collection from the selected set of sources for the lipids market report. The PESTLE and SWOT analysis used in the report, aids in the development of company strategies and the strengths and weaknesses of the Lipids Market.

Lipids Market Overview

The market is witnessing surging need driven by the rising global pervasiveness of chronic diseases. The market, therefore, growing as cost containment strategies of healthcare are not only meant to contain costs but also deliver better health care services at the point of use and at this crucial juncture top market players are placing heavy focus on myriad product unveilings and approvals of drugs. Lipids market is also on the rise for reasons beyond the pharmaceutical industry; other sectors including food and beverage plus cosmetics greatly depend on lipids thereby upholding its growth. Rising healthcare costs and strategic moves by industry players are not only constraining the industry, but also offering opportunities for innovation. The lack of healthcare facilities in developing nations and numerous industrial restrictions pertaining to the production of lipid nanoparticles serve as substantial barriers towards Lipids market growth.

Lipids Market Dynamics

The growing consumer demand for lipid-containing food products and increased awareness of the health benefits of consuming lipids are driving the market. It is used in various end-use industries, such as pharmaceuticals, food & beverages, and dietary supplements among others, which also has contributed to the market growth. Lipids are used as an important component in manufacturing of dietary supplements, as they offer high energy, and contain fat-soluble vitamins. Dietary supplements are increasingly preferred by consumers of all age groups worldwide as they are available in a variety of flavors and forms. In recent years, unhealthy eating habits, sedentary lifestyles, and growing urbanization are leading to the prevalence of obesity and other diet-related health problems, and peoples are shifting towads healthy food options causing lipids market to grow. The world is facing a rising demand for nutritional lipids as people are becoming more health conscious. Besides, lipids are usually used by food production companies as a replacement for synthetic flavoring carriers in order to keep the flavor and scent of their products. Their spectacular functional properties, which include density, hydrogenation, and emulsification, are also the reason for this. All these factors together driving the Lipids market.

Lipids Market Regional Insights

The lipid market in 2023 was led by the Asia Pacific region. The growing demand for drugs, functional meals, functional drinks, and dietary supplements, among other things, is the reason for growth of Lipid Market in the region. The pandemic epidemic has brought about a major change in people’s priorities and way of life. The Asia Pacific region now has the most people with the health problem than ever before. The intake of functional food products, pharmaceuticals, and nutritional supplements has grown a lot in the recent years and it is expected to rise in the future because of the increasing health concerns in Asia Pacific, which is propelling the growth of Lipids Market in the region.

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Lipids Market Segmentation

By Product source:

  • Marine
  • Plant

By Product Source, the Lipids Market is divided into Marine, and Plant derived lipids. Plant-based lipid segment led the worldwide lipid market which was the dominant segment. This is because of the fact that consumers who are worried about their health and are in the search for more sustainable and healthier plant-based products. The fact that they are rich in unsaturated fats and poor in saturated and trans fats makes plant-based lipids to be considered as healthier. Besides, the rising trend of vegetarianism and veganism is the reason behind the increasing demand for plant-based lipids.

By Product:

  • Omega-3
  • MCT
  • Omega-6
  • Others

By Application:

  • Pharmaceuticals
  • Food
  • Personal Care & Cosmetics

Lipids Market Key Competitors include:

North America

  • Lypid
  • International Flavors & Fragrances
  • Stepan
  • Cayman Chemical Company
  • Cargill
  • Anatrace
  • Abitec


  • BioNTech
  • Merck
  • BASF
  • CordenPharma Company
  • Gattefosse
  • DSM Firmenich
  • Croda International
  • Advanced Lipids
  • Evonik Industries
  • Soultex
  • Lonza
  • Melt&Marble
  • Cubiq Foods

Asia Pacific    

  • Wilmar International
  • Sonic Biochem Extractions
  • Clover Corporation
  • Otto Chemie Pvt Ltd

Middle East

  • PolyPid

Key questions answered in the Lipids Market are:

  • What are Lipids?
  • What are the growth drivers in developing countries for the Lipids Market?
  • Who are the key players in the Lipids Market?
  • Which segment is expected to witness the fastest growth and why in the Lipids Market?
  • What are the factors affecting growth in the Lipids Market?
  • Who held the largest market share in the Lipids Market?
  • What is the current growth rate of the Lipids Market?
  • What are the strategies used by competitors in the Lipids Market?
  • What are the challenges for the Lipids Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2023)
  • Past Pricing and price curve by region (2018 to 2023)
  • Market Size, Share, Size & Forecast by Different Segments | 2023−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by Component, Deployment Mode, Organization Size and Industry and Region
  • Competitive Landscape – Profiles of selected key players by region in a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Maximize Market Research is leading Life Science research firm, has also published the following reports:

Rhamnolipid MarketThe market size is expected to reach USD 3543.03 Mn by 2030 at a CAGR of 6.74 percent during the forecast period. It is expected to be driven by growing pharmaceuticals & food industry across the globe and increasing acceptance of specialty detergents.

Semiconductor Chemical MarketThe market size is expected to reach USD 27.78 Bn by 2030 at a CAGR of 12.50 percent during the forecast period. It is expected to be driven by Artificial Intelligence (AI), the Internet of Things (IoT), and 5G innovations.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical Components and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, Production and demand analysis, and client impact studies.

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