MEA Lipids Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.14 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEA Lipids Market Analysis
The Middle East and Africa Lipid Market is projected to grow at a CAGR of 4.14% during the forecast period (2020 - 2025).
- The consumer's changing lifestyle in the Middle Eastern countries, in terms of feedings habits which is due to the rising health awareness about the consumption of lipids in a diet., is primarily driving the demand for edible oils in this region.
- Increasing disposable incomes and changing lifestyles in emerging countries are driving demand for processed foods.
- Growing food safety concerns in the African food markets are pressurizing manufacturing to adopt clean labels with the incorporation of health-based ingredients, including PUFA and MUFA.
MEA Lipids Market Trends
This section covers the major market trends shaping the MEA Lipids Market according to our research experts:
Rising Demand of Medium Chain Triglycerides
MCTs are used along with usual medications for treating food absorption disorders, including diarrhea, steatorrhea (fat indigestion), celiac disease, liver disease, and digestion problems, due to partial surgical removal of the stomach (gastrectomy) or the intestine (short bowel syndrome). Athletes, sometimes, use MCTs for nutritional support during training and for decreasing body fat and increasing lean muscle mass. Thus, an increased supply of medium-chain triglycerides (MCT) is particularly important in patients with disturbances of digestion and absorption, such as disturbed bile secretion, classic celiac disease, short bowel syndrome, inflammatory diseases of the intestines, the disturbed outflow of lymph, some metabolic disease, and severe food allergies, as well as in prematurely born neonates.
Pharmaceuticals is the Fastest Growing Segment
Currently, most of the pharmaceutical products are based on fish oil formulation in the market.Omega-3 approved drugs from Vascepa contains 4g/day of EPA. For getting the same from dietary supplements, one will need to purchase a 10-40 omega-3 supplement capsule. The applications of omega-3 ingredients in pharmaceuticals have a niche market, as there are very few players, who are at a market entry stage. Many of them are still in the research and trial process for product formulation with algae omega-3 oil. The application of omega-3 ingredients in pharmaceutical products accounts for about 27% of the market. Algae EPA and DHA for drug formulation are the safest sources of omega-3 oil, due to their high purity and sensory profile than other omega-3 sources.
MEA Lipids Industry Overview
The Middle East and Africa Lipid Market lipid market is consolidated as major players are coming up with nutritional ingredient in order to expand their reach in food, beverage, and pharmaceutical industries and the most active companies in the are Koninklijke DSM N.V, Cargill Inc, BASF SE, Kerry Group and Archer Daniels Midland. Mergers and acquisitions, followed by new product launches are the most preferred strategies in the lipid market. The major manufacturers are delivering consistent top and bottom-line growth. The companies are increasing the proportion of protecting innovations as a strategy to attract the major share of the consumers and meet their growing specific demands.
MEA Lipids Market Leaders
Cargill, Incorporated
Archer Daniels Midland Company
BASF SE
Koninklijke DSM N.V.
Kerry Group plc
*Disclaimer: Major Players sorted in no particular order
MEA Lipids Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions & Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Form
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5.1.1 Phospholipids
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5.1.2 Glycolipids
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5.1.3 Others
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5.2 By Product Type
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5.2.1 Omega 3 and Omega 6
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5.2.2 Medium-Chain Triglycerides (MCTs)
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5.2.3 Others
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5.3 By Application
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5.3.1 Food and Beverage
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5.3.2 Nutrition and Supplements
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5.3.3 Feed
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5.3.4 Pharmaceuticals
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5.4 By Geography
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5.4.1 Saudi Arabia
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5.4.2 South Africa
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5.4.3 United Arab Emirates
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5.4.4 Rest of Middle East and Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Position Analysis
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6.3 Company Profiles
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6.3.1 Cargill, Incorporated
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6.3.2 Archer Daniels Midland Company
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6.3.3 BASF SE
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6.3.4 Croda International PLC
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6.3.5 Solutex Inc
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6.3.6 Kerry Group plc
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6.3.7 Soho Flordis International South Africa (Pty) Ltd
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6.3.8 Koninklijke DSM N.V.
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
MEA Lipids Industry Segmentation
The Middle East and Africa lipid market is segmented based on the form type that includes phospholipids, glycolipids, and others. In the product type segment, the market has omega 3 and omega 6, medium-chain triglycerides (MCTS), and others. Based on the application, the market is segmented into food and beverage, nutrition and supplements, feed, pharmaceuticals, and others. The study also involves the analysis of regions such as Saudi Arabia, South Africa, the United Arab Emirates and the Rest of Middle East and Africa.
| By Form | |
| Phospholipids | |
| Glycolipids | |
| Others |
| By Product Type | |
| Omega 3 and Omega 6 | |
| Medium-Chain Triglycerides (MCTs) | |
| Others |
| By Application | |
| Food and Beverage | |
| Nutrition and Supplements | |
| Feed | |
| Pharmaceuticals |
| By Geography | |
| Saudi Arabia | |
| South Africa | |
| United Arab Emirates | |
| Rest of Middle East and Africa |
MEA Lipids Market Research FAQs
What is the current Middle East and Africa Lipids Market size?
The Middle East and Africa Lipids Market is projected to register a CAGR of 4.14% during the forecast period (2024-2029)
Who are the key players in Middle East and Africa Lipids Market?
Cargill, Incorporated, Archer Daniels Midland Company, BASF SE, Koninklijke DSM N.V. and Kerry Group plc are the major companies operating in the Middle East and Africa Lipids Market.
What years does this Middle East and Africa Lipids Market cover?
The report covers the Middle East and Africa Lipids Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Middle East and Africa Lipids Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Middle East and Africa Lipids Industry Report
Statistics for the 2024 Middle East and Africa Lipids market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Middle East and Africa Lipids analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
