Nutritional Lipids Market Scope
The increasing concern about health wellness and fitness amongst people have driven the consumption of foods that can provide them with appropriate energy and the right proportion of nutrients. Key players in the market are focusing on developing flavored nutritional lipids product to increase its consumption amongst infants. They are also focusing on adding other nutrients in the lipids to provide more benefits. Increasing adoption of nutritional lipids due to growing awareness about infant formula is one of the trends in the nutritional lipids market.
The market study is being classified by Type (Omega-3, Omega-6, Medium Chain Triglycerides (MCTs) and Others (Sphingo lipids, Omega-7, and Omega-9)), by Application (Dietary Supplements, Infant Formula, Pharmaceuticals, Food Fortification, Animal Nutrition and Others (Personal Care, Flavors, and Industrial)) and major geographies with country level break-up. According to AMA, the Global Nutritional Lipids market is expected to see growth rate of 9.1% and may see market size of USD13.28 Billion by 2024.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Nutritional Lipids market throughout the predicted period.
Koninklijke DSM N.V. (Netherlands), BASF SE (Germany), Nordicís Naturals, Inc. (United States), Croda International Plc (United Kingdom), Aker BioMarine AS (Norway), Archer Daniels Midland Company (United States), Kerry Group Plc (Ireland), FMC Corporation (United States), Neptune Wellness Solutions (Canada), Omega Protein Corporation (United States), FrieslandCampina (Netherlands) and Polaris Nutritional Lipids (France) are some of the key players profiled in the study.
AdvanceMarketAnalytics has segmented the market of Global Nutritional Lipids market by Type, Application and Region.
On the basis of geography, the market of Nutritional Lipids has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Source Type, the sub-segment i.e. Plant will boost the Nutritional Lipids market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form Type, the sub-segment i.e. Powder will boost the Nutritional Lipids market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Nutritional Lipids Help to Reduce Low-Density Lipo-proteins
- Surging Consumer Inclination to Reduce Nutritional Deficiency
- Increasing Focus on Preventive Healthcare and Consumer Inclination Towards About the Health Benefits of Nutritional Lipids
- Surging Cases of Chronic Diseases Across the World
- Growing Demand of Nutritional Lipids in Developing Economies
- Increasing Applications in Infant Formulas and Dietary Supplements
- Sustainability Issues of Fisheries Lead to Low Production of Fish Oil
- High Competition of Between Raw Material Suppliers and Lower Catch Quotas Increase Fish Oil Prices
- Not Suitable for Patients With Certain Medical Conditions
- Increasing Cost of Raw Material and Technology Cost
- Lack of Awareness among Consumers in Developing Economies
Key Target AudienceLipid Nutrition Manufacturers, Lipid Nutrition Importers and Exporters, Fish Oil, Algal Oil, Vegetable Oil, and Krill Oil Extractors and Suppliers, Traders, Distributors, and Suppliers, Functional Food, Nutraceutical, and Dietary Supplement Manufacturers, Personal Care and Pharmaceutical Product Manufacturers and Regulatory Bodies and Organizations (FDA)
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