Global Lipid Market to Grow at 7.6% CAGR from 2021-2026

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Global Lipid Market
Global Lipid Market
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Global Lipid Market
According to the latest report by Renub Research,
titled Lipid Market Size, Share, Global Forecast
2021-2027, Industry Trends, Growth, Impact of
COVID-19, Opportunity Company Analysis the
Global Lipid Market is projected to reach US
21.53 Billion by 2027. Globally, lipids are
molecules known as building blocks of the
structure and function of living cells. Some
examples of lipids include fats, oils, waxes,
specific vitamins (such as A, D, E and K),
hormones and most significant of the cell
membrane that is not made up of protein. Besides,
lipids are not soluble in water as they are
non-polar but are thus soluble in non-polar
solvents such as chloroform. Lipids are mainly
composed of hydrocarbons in their most reduced
form, making them an excellent energy storage
record. When metabolized, the hydrocarbons
oxidize to release large amounts of
energy. Global Lipid Industry will grow at a
CAGR of 7.62 during 2020-2027 Lipids are
organic molecules, broadly termed derivatives of
fatty acids and similar compounds produced from
plants and animals. Increasing demand for lipids
as nutritional supplements, the rising health
awareness among consumers, and changing food
patterns due to busy lifestyles are
Global Lipid Market
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Global Lipid Market
Global Lipid Market
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Global Lipid Market
expected to drive industry growth during
2020-2027. Additionally, lipids play an essential
role in preventing chronic diseases, such as
arthritis, asthma, cancer, cystic fibrosis, and
diabetes, which, in turn, is expected to boost
the market further. Impact of COVID-19 on
Worldwide Lipid Market Size During the COVID-19
pandemic and lockdown situation, citizens have
become more health-conscious and focused on
improving the immunity system to maintain
fitness. Hence, the demand for lipid-based
supplements has seen significant growth due to
their beneficial health properties, preventing
consumers from getting infected by a coronavirus.
Thus, consumers have increased their spending on
healthy and nutritious food. Therefore, the
market is expected to witness positive growth
during the covid-19 pandemic situation.
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Global Lipid Market
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Global Lipid Market
Phospholipids An Essential Contribution to
Lipids Market By Product, phospholipids consist
of two fatty acids, a phosphate group and a
glycerol molecule. Across the world, phospholipid
has several applications in nutritional,
pharmaceutical, and food categories. Remarkably,
the demand for phospholipids is increasing due to
their versatile application in different sectors.
The market is particularly true in the case of
phospholipids derived from natural sources. The
availability of raw materials had enabled
manufacturers to utilize the resource and expand
their product portfolio. Further, the numerous
health benefits related to phospholipids is
actively being used in several studies related to
the pharmaceutical industry. The companies are
also releasing innovative natural health
products, and some are superseding natural
chemicals for synthetic ones in product
formulations. Consumers are more amenable to
seeking complementary and alternative
medications, which drives the demand for natural
products. Customers actively prefer natural and
non-synthetic products to counteract ailments.
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Global Lipid Market
Naturally sourced constituents are selected as
customers feel safe. Associated health benefits
and the inclination of customers to approach
natural ingredients are the key reasons that
drive demand for such products in the
market. Omega-3 Segment Continue to Witness
Significant Growth Recently, the rising
inclusion of omega-3 ingredients in the diet to
support heart and brain health has been trending
in the market. Moreover, rising occurrences of
Cardiovascular Diseases (CVDs) and changing
dietary habits worldwide and the rising
importance of immunity development post-COVID-19
pandemic has further strengthened the driving
force for the Omega-3 market. As per the
American Medical Association, heart disease was
the leading cause of death in the U.S. in 2020,
accounting for 690,882 deaths. Hence, the U.S.
FDA has approved omega-3 supplements to treat
adults for diseases such as severe
hypertriglyceridemia. Remarkably, an increasing
number of omega 3-based pharmaceutical product
launches by market players, due to the rising
product application scope in medicines, is
expected to witness market growth.
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Global Lipid Market
By Application, Food Segment Continues to Lead
the Market The global lipid industry is
segmented into Food Beverages, Nutrition
Supplement, Feed and others. In addition, the
expanding figures of functional benefits joined
with health benefits counted as a prominent
driver for the acceptance of lipids as additives
in the food industry. Lipids have a significant
role to play in most edibles. Moreover, lipids
improve aspects of food, including flavour,
emulsification, texture, density, and
hydrogenation. They act as good flavour carriers
delivering taste and also enhancing the smell of
products. Besides, the role of lipids in
emulsification is to help the diffusion of fat
evenly into water. The use of shortenings is
formed with mono-glycerides, so fats and milk are
emulsified in cake batters to create a fine
texture for cakes and other products.
Furthermore, there has been an increasing
emergence of lipids in the last decade that has
shown tremendous potential for nutritional
applications. Thus, nutritional applications are
expected to boost the global market for lipids in
the years to come.
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Global Lipid Market
Asia-Pacific is the Fastest Growing Region In
our report, we have analyzed the regional markets
of North America, South America, Europe, Asia
Pacific, Middle East Africa. Wherein,
Asia-Pacific is the Fastest Growing Region as per
our estimates. Lipids, such as coconut oil, cocoa
butter (in chocolates), palm oil, and mango
kernel oils, are gaining popularity in
Asia-Pacific owing to their versatile application
in the food beverage industry. Also, the
physical environment, food habits, local
availability of fats and oils, and education
level are other determinants that affect the
overall consumption of fats in the region. For
occurrence in Bangladesh, the consumption of
fats in urban regions is higher than in rural
regions, owing to the enormous increase in
urbanization and lifestyle transitions in the
past few years, owing the part is has deemed for
rapid growth. The Southeast Asian countries,
especially Malaysia and Indonesia, are more
significant producers and consumers of palm oil,
owing to its immense availability and
comparatively low costs.
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Global Lipid Market
Competitive Aspect The global lipid market is
exceptionally competitive, as different players
worldwide are coming up with nutritional
ingredients to expand their reach in Food
Beverages, Nutrition Supplement and Feed
industries. Our report's most influential
companies in the global lipid market are NOF
Corporation, Stepan Company, Archer Daniels
Midland, Cargill, Kerry Group. The key players in
the worldwide market are targeting the native
markets in various regions, where awareness
regarding health concerns is rising. Furthermore,
mergers and acquisitions in the global lipid
market are the most preferred strategies,
followed by new product launches. In addition,
the major manufacturers in the worldwide market
are accounting consistent top and bottom-line
expansion. The companies are progressing the
proportion of protecting innovations to attract a
significant share of the consumers and meet their
growing specific demands.
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Global Lipid Market
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Global Lipid Market
Market Summary By Product We have covered
Global Lipid Market through four aspects
Phospholiplds, Glycollpds, Cholesteroal and
Others. By Type In the report Global Lipid
Market we have studied Omega-3, Omega-6, MCT, and
others. By Application We have covered Global
Lipid Market Application in Food Beverages,
Nutrition Supplement, Feed and Others. By
Region The regional market covered in the
report is of North America, South America,
Europe, Asia Pacific, Middle East
Africa. Company In our report market's main
players studied include NOF Corporation, Stepan
Company, Archer Daniels Midland, Cargill, Kerry
Group.
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Global Lipid Market
Global Lipid Market
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Global Lipid Market