Global Natural Lipids  Market Size (2023 - 2030)

According to our research report, the global natural lipids market is estimated to reach a total market valuation of USD 25 billion by 2030. The market is projected to grow with a CAGR of 4.5% per annum during the period of analysis (2023 - 2030).

Industry Overview

Lipids are fatty acid derivatives or closely similar organic substances that fall into the category of organic molecules. Lipids are highly soluble in organic solvents such as alcohols, yet they are insoluble in water. Proteins, carbohydrates, fats with similar characteristics, and esters are all included in lipids. Lipids have a number of important roles in cell membrane structure, including energy storage, performance, and signaling. The major goal of lipids-based supplements is to lower the risk of chronic diseases like obesity, cancer, and heart disease. Due to their capacity to lower the risk of chronic diseases like heart disease, cancer, and obesity, lipids are predominantly used in the food and beverage, nutrition and supplement, pharmaceutical, and other industries.

Over the coming years, industry growth is anticipated to be fueled by expanding consumer demand for lipids as a nutritional supplement, as well as increased customer awareness of how to improve their health and altered eating habits due to busy lives. The product also has a significant impact on the treatment of chronic illnesses like diabetes, cancer, cystic fibrosis, asthma, and arthritis, which is projected to propel the market throughout the forecast period.

A lipid is an organic substance that is typically referred to as a byproduct of fatty acids and related chemicals that are produced from both plants and animals. They are used in the food and beverage, pharmaceutical, animal nutrition, nutrition & supplement, and personal care industries. However, governments in countries including the U.S., UK, Germany, and Australia developed guidelines for producing and marketing lipid products. For example, the Food & Drug Administration (FDA) in the United States published guidelines for making lipid products.

Chemicals known as lipids are known to be insoluble in water but soluble in non-polar solvents including alcohol, chloroform, and chloroform. Along with proteins and carbohydrates, they are mostly present in the cells of various plants and animals. Growing consumer awareness of the product's health benefits, shifting consumer preferences, and a move toward a healthy lifestyle all have an impact on the lipid market's expansion. Additionally, throughout the course of the projected period, market companies will benefit greatly from product developments, an increase in the number of applications, and rising demand for the product in developing nations.

Impact of Covid-19 on the Industry

Due to their beneficial effects on health, lipid-based supplements have become increasingly necessary as a result of the COVID-19 epidemic. Additionally, in an effort to meet the rising demand for the vaccine, a U.S.-based pharmaceutical company, Moderna Inc, has extended a contract with Corden Pharma to protect massive quantities of lipids and use them to make its experimental COVID-19 vaccine. Novel lipids are projected to become more popular on the market over the coming years due to the expanding use of them that has emerged in recent years and their amazing potential for both medical and dietary applications.

People are more health-conscious and focused on strengthening their immune systems during the COVID 19 pandemic and lockdown situation to maintain fitness. Customers wouldn't contract the COVID-19 infection as a result of this. Customers have increased their spending on wholesome food as a result. As a result, the market is anticipated to grow at a positive rate over the forecast period.

Market Drivers

High Prevalence of Lifestyle-related Diseases Bolstering Demand for Lipid Products

The food, cosmetics, and personal care industries all make substantial use of lipids, which are organic molecules that take the form of fats, oils, and hormones and are insoluble in water. The need for lipid-based medication delivery systems is being driven by the rise in chronic diseases and disorders linked to lifestyle. By increasing their production capabilities for pharmaceutical lipids, companies in the lipids sector are building steady revenue streams.

Functional lipids that support the management of bone health, blood pressure, and cardiovascular health, such as omega-3, phytosterols, and conjugated linoleic acids, are being produced in a wider variety of ways by manufacturers. Carotenoids and several other chemicals, among others, are frequently used as bioactive components in a variety of food products as functional lipids.

Growing demand for lipid ingredients in personal care industry as well as expansion of retail market

The worldwide lipid market is anticipated to increase as a result of the rising use of lipid as a natural element in the personal care sector. In addition, major firms are creating nutritional components to extend their reach in the pharmaceutical and food and beverage (F&B) industries. To increase overall sales, they also primarily rely on advertising efforts that may include celebrity endorsements. The global market for lipid supplements is also rising as a result of the expanding vegan and vegetarian population, as well as the growing desire for dietary supplements that provide enough nutrition.

Growing awareness about the superior functional properties associated with lipids

Due to growing urbanization, sedentary lifestyles, and increased fast food consumption, obesity and other health-related problems are on the rise. As a result, people are becoming more health concerned, and there is a rising demand for dietary lipids worldwide. In order to preserve the flavor and aroma of their products, many food manufacturing companies are also substituting lipids for synthetic flavoring carriers. Their higher functional qualities, such as density, hydrogenation, and emulsification, are to blame for this.

Market Restraints

Unsuitability for patients with certain medical conditions

On the other hand, the expansion of the lipid market is anticipated to be hampered by elements including the unsuitability for patients with specific medical conditions, intense competition among raw material suppliers, problems with the sustainability of fisheries, and decreasing catch quotas. During the forecast period, the lipid market is anticipated to face challenges from rising raw material and technology costs.

This research report on the global natural lipids market has been segmented and sub-segmented based on, Source, Application, and Geography & region.

Global Natural Lipids Market- By Source

• Animal

• Plants

The market was dominated by the plant-based segment, which had a greater share of about 60.0 percent in 2021 and was expected to rise at a faster CAGR of 9.1 percent between 2022 and 2030. Inhibiting artery hardening, reducing muscle pain, and improving the physical conditions of the brain, hearts, and other body parts that became inflamed, bloated, hot, and painful due to response or infection are all benefits of plant-based lipids. As a result, the market contribution from the plant-based category is anticipated to be substantial.

Over 40% of the market is accounted for by the animal-based sector in 2021, and growth of 8.3% percent is anticipated from 2022 to 2028. The milk, eggs, and meat of animals like chicken, turkey, beef, hog, mutton, horse, lamb, and others are used to make animal source lipids. Lipids derived from animals have a flavor by nature. Animal-based lipids produce more heat and stay longer because they have a higher proportion of saturated lipids. Therefore, it is anticipated that over the projected period, this animal sources lipids segment will contribute to the market.

Global Natural Lipids Market- By Application

• Food & Beverages
• Pharmaceuticals
• Nutrition & Supplements
• Others

With a market share of over 35 percent in 2021, the food and beverage application is expected to have the fastest rate of growth, with a CAGR of 8.2 percent from 2023 - 2030. One of the key issues influencing the food and beverage business is the growing significance of lipids in the body and their physiological advantages. Lipids are crucial in the production of commercial foods because they enhance their density, density, flavour, and texture.

The industry's share of the nutrition and supplement application, which is over 20 percent in 2021, is predicted to grow at the fastest rate—10.2 percent—from 2022 to 2028. Rising use of nutrition and supplements, together with increased public awareness of health and fitness, Demand for the segment will be driven by customers' need to maintain and satisfy their daily nutritional requirements.

Global Natural Lipids Market- By Geography & Region

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East and Africa

The largest growth is anticipated to occur in Asia Pacific, at 9.4% from 2023 - 2030. The regional benefits from the beneficial contributions of China and India. The industry is being driven by several key factors, including a growing population, quickly evolving lifestyles, business-friendly government regulations, and investments by large corporations. Due to the rising demand for nutraceutical goods and the expansion of the pharmaceutical sector in the region, the APAC region is anticipated to develop rapidly over the course of the forecast period. Due to the rising demand for lipids in the nutraceutical industry, India is projected to hold the lion's share of the market growth for lipids in the Asia Pacific region.

Market share for North America is estimated to be about 25.0 percent in 2021 and expand by 8.6 percent from 2023 - 2030. The United States is favourably impacting the market. The regional demand is being influenced by citizens' growing knowledge of health and fitness as well as the ingredients in wholesome, everyday foods. Since there is a sizable market base for nutritional supplements and fortified foods in this region.

Global Natural Lipids Market- By Companies

• Cargill, Incorporated.
• BASF SE
• Archer Daniels Midland Company (ADM)
• Koninklijke DSM N.V.
• Kerry
• Nordic Naturals, Inc.
• Clover Corporation
• Croda International Plc
• Lipoid Kosmetik AG
• Omega Protein Corporation

NOTABLE HAPPENINGS IN THE GLOBAL NATURAL LIPIDS MARKET IN THE RECENT PAST:

• Business Partnership: - In 2020, In order to address the rising demand for the vaccine, Moderna Inc., a pharmaceutical firm with headquarters in the United States, renewed a contract with Corden Pharma to acquire a sizable quantity of lipids used in the production of its experimental COVID-19 vaccine.
• Merger & Acquisition: - In 2020, The completion of the acquisition of Erber Group for an enterprise value of €980 million has been announced by Royal DSM, a multinational corporation with a scientific foundation in nutrition, health, and sustainable living. Following completion of the purchase, which excludes two smaller Erber Group businesses, earnings are anticipated to increase in the first year.
• Merger & Acquisition: - In 2021, Sojaprotein, a major European supplier of non-GMO soy components, has been acquired by ADM (NYSE: ADM), a global leader in nutrition and agricultural origination and processing. With this addition, ADM's ability to address the rising demand for plant-based foods and drinks and its global alternative protein capabilities will have significantly increased.

'