Market Size of Lipid Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 9.18 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Lipid Market Analysis
The global lipid market is projected to grow at a CAGR of 9.18% during the forecast period (2020 - 2025).
- The increasing demand for nutritional lipids and expanding the commercial scope of the lipid market is expected to drive the market studied. Obesity and overweight are increasing in epidemic proportions throughout the developed and developing worlds and are one of the most important growing threats to the health of populations.
- Due to the ongoing pandemic COVID-19, the demand for lipid-based supplements has seen significant growth owing to their health beneficial properties. Moreover, a United States-based pharmaceutical company, Moderna Inc, has extended a deal with Corden Pharma to secure large volumes of the lipids used to produce its experimental COVID-19 vaccine in a bid to meet the increasing demand for the medicine.
- There has been an increasing emergence of novel lipids form in the last decade that has shown tremendous potential for medical and nutritional applications thus, novel lipids are expected to boost the market in the years to come.
