Based on Reports and Data's current analysis, the global Animal Nutrition Lipid Nutrition Market reached a value of USD 9,295.0 Million in 2020 and is projected to reach USD 18.53 Billion by 2028, with a Compound Annual Growth Rate (CAGR) of 8.9%. Lipids are a group of organic compounds that are non-polar, and they include fatty acids, glycerides, prenol lipids, sterol lipids, among others. Lipids are essential in the human diet as they play a crucial role in energy storage, absorption of vitamins A, D, and E, and cell signaling. The food and beverage, pharmaceutical, and personal care industries are among the sectors that use lipids, with food and beverage accounting for the most significant market share. Lipid-infused products are available in both solid and liquid forms and are widely available in mass retail stores due to their flavor and odor enhancing properties.
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Top Companies Operating in the Global Animal Nutrition Lipid Nutrition Market Report:
BASF, Nordic’s Naturals, Cargill, Croda International, Archer Daniels Midland Company, FMC Corporation, Kerry Group, and Aker BioMarine.
Further key findings from the report suggest
- Based on application, infant formula is expected to grow at the highest CAGR of 10.5%. Lipid nutrition is the main energy source in the infant diet, and are necessary for normal growth and physical activity.
- Based on the source, the plant-based segment is expected to grow at a higher CAGR during the forecast period owing to the shift in vegan food preference.
- Lipid nutrition is extensively used in food and beverages owing to their flavor and odor enhancing properties.
- Lipid oxidation which leads to nutritional loss and stringent regulations with respect to food ingredients used in lipid nutrition products are likely to hinder the market growth during the forecast period.
- As of 2018, Omega-3 segment dominates the global Animal Nutrition Lipid Nutrition Market with 33.3% owing to their various health benefits. Lipid nutrition improves eye health and brain health and is also found effective for depression and anxiety.
- Middle-class consumers in developing regions such as China and India are showing a positive interest in nutrition and supplements due to urbanization and increasing income levels which supports the market growth significantly
- North America regional segment was valued at USD 2.15 Billion in 2018, owing to the growing demand for dietary supplements in the region
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The global Animal Nutrition Lipid Nutrition Market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Type (Revenue, USD Million; 2018–2028)
- Omega 3
- Omega 6
- Medium Chain Triglycerides (MCTs)
- Others
Source Type (Revenue, USD Million; 2018–2028)
- Plant
- Animal
Form (Revenue, USD Million; 2018–2028)
- Liquid
- Powder
Application (Revenue, USD Million; 2018–2028)
- Dietary supplements nutraceuticals
- Infant formula
- Pharmaceutical
- Food fortification
- Animal nutrition
- Others
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