Nutrition Lipid Market Size, Trends and Growth Analysis by 2027

The Global Nutrition Lipid market was valued at approximately US$ 7,443.2 million in 2018 and is projected to experience a compound annual growth rate (CAGR) of 9.3% from 2019 to 2027, ultimately reaching around US$ 16,429.6 million by the year 2027.

Nutrition lipids are crucial for the absorption of vital vitamins such as A, D, and E. They find extensive applications across various sectors, including food and beverages, personal care, and pharmaceuticals. The growth of the nutrition lipid market is primarily fueled by increasing consumer awareness regarding healthy eating habits and the rising prevalence of chronic diseases in both developed and developing nations. Additionally, the growing demand for omega-3 enriched foods significantly contributes to the expansion of the nutrition lipid market.

The global nutrition lipid market is categorized by type into omega-3, omega-6, medium-chain triglycerides, and other variants. Omega-3 fatty acids are emerging as some of the most beneficial compounds for human health. The demand for omega-3 is being driven by its recognized health benefits, the introduction of innovative products, and heightened consumer awareness. Omega-3 is regarded as one of the most promising functional ingredients within the food and beverage sector. Furthermore, an increasingly informed consumer base, along with innovative formulations and technological advancements, is propelling the growth of omega-3 products. Various factors, including government initiatives, medical endorsements, and public awareness campaigns regarding omega-3 and its diverse health advantages, are fostering a favorable environment for the growth of omega-3 products in the market.

In terms of application, the nutrition lipid market is divided into several segments, including dietary supplements and nutraceuticals, pharmaceuticals, infant formula, animal nutrition, food fortification, and others. The dietary supplements and nutraceuticals segment is expected to capture the largest market share, driven by the demand for enhanced nutritional value in everyday diets. According to the U.S. Food and Drug Administration, dietary supplements, which include vitamins, minerals, and other dietary ingredients, facilitate better nutrient intake. These supplements are anticipated to lower the risk of chronic diseases while enhancing the nutritional quality of daily diets. The formulation of dietary supplements and nutraceuticals contributes positively to overall health. As global consumers become increasingly aware of the benefits associated with dietary supplements and nutraceuticals, the demand for the global nutrition lipid market is expected to rise.

A significant trend anticipated to influence the nutrition lipid market in the near future is the increasing awareness of nutrition lipids in emerging economies. The nutrition lipid market is gaining traction due to heightened consumer awareness regarding the benefits of a healthy diet and growing health concerns. Innovations in functional foods, pharmaceuticals, and dietary supplements are creating new growth opportunities for nutrition lipids in these emerging markets. The expanding markets for infant and women's nutrition in regions such as Asia Pacific and Africa are also contributing to this growth. The liberalization of foreign direct investments in the food sector is another key factor that is creating opportunities for the global nutrition lipid market. Furthermore, the rising demand for supplements and functional foods, coupled with increasing disposable incomes in Asia and Africa, is expected to further enhance the growth of the nutrition lipid market during the forecast period. The demand for infant foods enriched with omega-3 is also on the rise in these regions, as parents become more aware of the benefits of omega-3 for healthy infant development. These factors are expected to create significant opportunities within the market.

Key players in the nutrition lipid market include Archer Daniels Midland Company, BASF SE, Croda International Plc, Koninklijke DSM N.V., Neptune Wellness Solutions Inc., Nordic Naturals, Inc., Omega Protein Corporation, Pelagia AS, Pharma Marine AS, and Polaris, among others.

The overall size of the global nutrition lipid market has been determined through a combination of primary and secondary research methods. The research process begins with comprehensive secondary research utilizing both internal and external sources to gather qualitative and quantitative data related to the nutrition lipid market. Additionally, numerous primary interviews are conducted with industry participants and experts to validate the data and analysis. Participants typically involved in this process include industry professionals such as vice presidents, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the nutrition lipid sector.