Lipid Nutrition Market is poised to reach at US $11.15 billion by 2022



Lipid Nutrition is required in our daily diet for proper body functionality and metabolism. The lipid nutrition market is made up of various types of fats, each with its own functionality and benefits for the human body. Lipid nutrition is also used in animal feed and pet food formulas to increase the lipid content of livestock byproducts and improve pet health. The lipid nutrition market is expected to expand in response to recent trends in vegan food habits and supplementary diets among the world's urban population. North America will dominate the lipid nutrition market because a large portion of the population lives in cities, and a large portion of that population leads sedentary lifestyles, resulting in an increase in demand for essential lipids to maintain health and well-being.

The global lipid nutrition market was worth USD 6.51 billion in 2016 and is expected to be worth USD 11.15 billion by 2022, growing at a CAGR of 9.4 percent during the forecast period.

The Lipid nutrition market can be divided into four segments: source, type, end-user, and distribution channel.

The lipid nutrition market is divided into vegan and non-vegan segments based on the source. Over the forecast period, the non-vegan source is expected to continue to dominate the lipid nutrition market.

Lipid nutrition is classified into four types: omega-3, omega-6, MCT, and LCT. The omega 3 and omega 6 fatty acids are expected to dominate the lipid nutrition market.

End-user segments of the lipid nutrition market include food and beverage, dietary supplements, pharmaceuticals, personal care and cosmetics, and animal feed and pet food. The food and beverage and dietary supplement segments are expected to remain robust throughout the forecast period for the lipid nutrition market.

The Lipid Nutrition market can be divided into direct and indirect distribution channels. The indirect is further subdivided into modern trade format, specialty stores, drug store, e-commerce, and other retail formats. The drug store format and specialty are expected to have a larger volume share because such formats are easy to reach out to targeted consumers.

North America is expected to remain a lucrative market for lipid nutrition because the region already has a large consumer base for fortified foods and dietary supplements. In terms of revenue, Europe will trail North America in the lipid nutrition market. As awareness of health and well-being through supplementary diet and fortified food grows in Asia-Pacific, the lipid nutrition market is expected to grow. Due to the high influx of foreign population and lifestyle, the Middle East and Africa will also see a high demand for lipid nutrition.

Benefits of essential fats are expected to drive the global lipid nutrition market. As the prevalence of lifestyle-related diseases and disorders rises in urban areas around the world, consumers are looking for more convenient ways to meet their daily nutritional requirements.

The presence of substitute products and lower penetration are attributed to causing restraint in the lipid nutrition market over the forecast period.

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