Nutrition Lipid Market Size, Share and Forecast 2027
Posted by mahesh on October 14th, 2022
Latest market study on “Nutrition Lipid Market to 2027 – Global Analysis and Forecasts by Type (Omega-3, Omega-6, Medium-Chain Triglycerides, Others); Application (Dietary supplements and Nutraceutical, Pharmaceutical, Infant Formula, Animal Nutrition, Food Fortification, and Others); Source (Animal Source, and Plant Source); Form (Powder, and Liquid)”, The Global Nutrition Lipid market is accounted to US$ 7,443.2 Mn in 2018 and is expected to grow at a CAGR of 9.3% during the forecast period 2019 – 2027, to account to US$ 16,429.6 Mn by 2027. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
The Global Nutrition Lipid market is accounted to US$ 7,443.2 Mn in 2018 and is expected to grow at a CAGR of 9.3% during the forecast period 2019 – 2027, to account to US$ 16,429.6 Mn by 2027. A certain amount of fat is vital for healthy body functions. Even though there are various types of fats and some have benefits for the body. Lipids are fats and are the most energy-rich component of food. Lipids do not dissolve in water because they are different from carbohydrates and proteins. Nutrition lipid markets and innovates scientifically that enhance and maintain health and well-being. The nutrition lipid market is mainly driven by factors such as growing awareness about healthy diet among consumers and increasing prevalence of chronic diseases globally. Moreover, growing awareness about nutrition lipids in the developed and developing countries is the key factors boosting the demand for nutrition lipid globally.
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The nutrition lipid market is bifurcated on the basis of the type into omega-3, omega-6, medium-chain triglycerides, and others. On the basis of type, the omega-3 nutrition lipid segment holds the largest share in the nutrition lipid market. Omega-3 obtained from a plant source, a good source of alpha-linolenic acid for vegetarians, delivers an opportunity for omega-3 market growth during the forecast period. The omega-3 is present in various fish such as mackerel, salmon, tuna, sardines, and herring and contain high amounts of omega-3s. Foods such as yogurt, eggs, milk, juices, and soy beverages, are fortified with DHA and other omega-3s.Omega-3 has a varied range of applications such as pharmaceutical, pet food, dietary supplement, infant formula, and food & beverage. Growth in the global omega-3 production and an increase in its demand are the major reasons for the higher growth across the regions.
The nutrition lipid market is emerging owing to increased awareness about the advantages of a healthy diet among the consumers and growing health concerns. The rising innovation, such as functional foods, pharmaceuticals, and dietary supplements, are creating growth opportunities for nutrition lipid in emerging economies. Growing infant and women nutrition markets in emerging region such as the Asia Pacific and Africa. The liberalization of foreign direct investments in the food sector are the main factors that generate opportunities for the global nutrition lipid market. As malnutrition, especially in poverty-stricken areas, is a major health problem in the region such as Asia and Africa, numerous people have either a marginal or deficient omega-3 fatty acid status. Seeing the current financial condition in the Africa region, in combination with a large part of the Africa population living in deficiency, this amount is considerable in terms of monthly expenses for the average Africa family. Hence, it is unbearable for the average people of Africa to consume an omega-3 fatty acid daily.
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The global nutrition lipid market by geography is segmented into six regions, including North America, Europe, Asia Pacific, Middle East & Africa, and South America. Globally, the Asia Pacific region is expected to account for the largest share of the global nutrition lipid market in 2018, followed by North America. In addition the, China and India are the two key countries in the Asia Pacific region which are expected to significantly drive the nutrition lipid market and also expected to continue its dominance in terms of CAGR throughout the forecast period from 2019 to 2027.
The report segments the global nutrition lipid market as follows:
Global Nutrition Lipid Market – By Type
Global Nutrition Lipid Market – By Application
Global Nutrition Lipid Market – By Source
Global Nutrition Lipid Market – By Form
Global Nutrition Lipid Market – By Geography
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About the Authormahesh
Joined: September 20th, 2022
Articles Posted: 71
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