The global lipid nutrition market is experiencing substantial growth, fueled by various factors including the rising prevalence of cardiac diseases and obesity. Lipids, known for their direct health nutrition benefits, have found applications not only in dietary supplements but also in industries such as skincare, cosmetics, and pharmaceuticals.
Health Consciousness Driving Demand
Increasing consumer awareness about the benefits of a healthy fat diet is a key driver of the growing demand for lipid-containing dietary supplements. Consumers are increasingly interested in preventative healthcare and understanding the health benefits of lipid nutrition. Reduced inflammation, cardiac stability, and lower levels of low-density lipoproteins are among the health benefits of nutritional lipids, making them highly sought after.
Cardiovascular Disease and Obesity: Major Contributors
The global prevalence of cardiovascular diseases (CVDs) is a significant concern. According to the World Health Organization (WHO), CVDs are responsible for a substantial portion of all global deaths. Lipids play a crucial role in regulating plasma cholesterol concentrations, making them essential contributors to CVD. As the cases of CVD continue to rise, the demand for lipid nutritional supplements is expected to surge.
Obesity is also on the rise due to sedentary lifestyles and poor eating habits. With lipids being crucial for cell structure and energy, the growing obesity epidemic is driving an increased demand for lipid nutrition.
Omega-3 Dominates the Market
Omega-3 fatty acids currently dominate the lipid nutrition market. Consumer awareness of their health benefits, especially in preventing cardiovascular diseases, is driving demand. The ongoing importance of immunity development, especially during the COVID-19 pandemic, has further boosted the demand for omega-3 fatty acids. Sedentary lifestyles and a lack of physical activity are expected to continue driving product demand.
Regional Insights
North America commands a significant share of the lipid nutrition market due to the rising prevalence of diabetes and obesity. The expanding food and beverage industry, along with favorable dietary supplement regulations, is expected to drive regional market expansion.
In the Asia Pacific region, the dietary supplement and pharmaceutical sectors are thriving, particularly in emerging markets like India and China. As awareness of womens and newborns’ health concerns grows, so does the regional demand for dietary lipids.
Competitive Landscape
Key players in the global lipid nutrition market include Koninklijke DSM N.V. (Netherlands), BASF SE (Germany), Nordic’s Naturals, Inc. (U.S.), Cargill (U.S.), Croda International Plc (U.K.), Kerry Group plc (Ireland), Archer Daniels Midland Company (U.S.), Neptune Wellness Solutions (Canada), FMC Corporation (U.S.), Omega Protein Corporation (U.S.), Aker BioMarine AS (Norway), FrieslandCampina (Netherlands), and Polaris Nutritional Lipids (France).
In March 2022, Croda International Plc announced a significant grant from the UK Government to expand its manufacturing site for high-purity lipid systems.
In April 2020, Royal DSM completed its acquisition of Glycom A/S, a leading global distributor of Human Milk Oligosaccharides (HMO).
The global lipid nutrition market is poised for continued growth, driven by increasing health consciousness and the essential role of lipids in preventing chronic health issues. As consumer awareness and demand for lipid nutrition rise, the market is set to flourish.
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) https://www.fairfieldmarketresearch.com/report/lipid-nutrition-market
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This press release first seen on Brilad
COMTEX_442048700/2840/2023-10-17T23:18:39
Julian Lopez is professor emeritus of finance, served as the founding academic affairs dean and founding chair of the finance department.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No journalist was involved in the writing and production of this article.