Market Size of Global Lipid Regulators Industry
| Study Period | 2021 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.10 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Lipid Regulators Market Analysis
The lipid regulators market is expected to register a CAGR of 5.1% over the forecast period.
The pandemic witnessed higher demand for lipid-based supplements owing to their health-beneficial properties. For instance, as per an NCBI study published in October 2021, COVID-19 infection influences the lipid profile, leading to dyslipidemia, which might require appropriate treatment. Owing to its antiviral, anti-inflammatory, immunomodulatory, and cardioprotective activities, statin therapy is considered a valuable tool for improving COVID-19 outcomes. As a result, the consumption of lipid nutritional products increased during the pandemic and positively impacted the market. The market is expected to continue the upward trend over the forecast period as the incidence of cardiovascular diseases has increased owing to the outbreak of the pandemic.
The increasing prevalence of diabetes and cardiac diseases and the growing geriatric population are major drivers for the market. For instance, according to the 2022 American Heart Association (AHA) report, approximately 244.1 million people were living with ischemic heart disease (IHD) around the world, and North Africa and the Middle East, Central and South Asia, and Eastern Europe had the highest prevalence rates of IHD in the world in 2021. This burden of cardiovascular diseases is further expected to increase due to the high prevalence of associated risk factors such as hypertension, obesity, smoking, diabetes, and sedentary lifestyles. Lipids are vital biomolecules in the proper functioning of the metabolism and lipid-altering medication has been proven to reduce cardiovascular risk.
Moreover, with the increase in the elderly age group, the lipid regulators market is expected to surge as this age group is prone to various chronic diseases such as cardiovascular diseases. As per the World Aging Report 2022, the share of the global population aged 65 years or above is projected to rise from 10% in 2022 to 16% in 2050. By 2050, the number of people aged 65 years or over worldwide is projected to be more than twice the number of children under age 5 and about the same as the number of children under age 12.
On the other hand, low awareness of lipid regulators and the introduction of low cost generics are likely to hinder the market growth over the forecast period.
