Pet food segment is expected to have a huge growth in the Lipid Nutrition Market in the forecast period.
Lipids in foods are needed for proper functionality of the human body. It consists of different types of fats which are beneficial for the body.
Fasting lipids are used in animal feed for increasing the lipid content in the byproducts from the livestock and for the health of pets. The need to meet the nutritional requirements of an ageing population drives the growth of the Lipid Nutrition Market.
The emergence of prominent sources of raw materials also bolsters the demand for the applied nutrition during the forecast period. Lipid infused products are available in solid and liquid forms, especially in the retail stores.
Scope & Regional Forecast of the Lipid Nutrition Market
North America dominates the Lipid Nutrition Market during the forecast period. This is attributed to the growing sedentary lifestyle among the urban population leading to the demand for clinical nutrition.
The food & beverage and dietary supplement segment will lead the market in the coming years. Animal feed and pet food segment are expected to have a strong growth.
The benefits of essential fats will drive the demand for nutritional assessment due to the growth of lifestyle diseases and disorders in the urban population. The vegan source of lipid nutrition as large part of the population depend on vegan sources of food.
Substitutive products hamper the growth of the market.
The price trend of fats and lipids is influenced by increasing the costs of raw materials like fishoil and flax seed oil. The growing trend towards healthy lifestyle is the major factor for the growth of the market.
Advancements in the encapsulation technologies supports the demand for healthy nutrition food. The curing of osteoarthritis in cats and dogs is beneficial for the growth of healthy nutrition food in the coming years.
Segmentations & Key Players Involved in the Lipid Nutrition Market
The Lipid Nutrition Market can be broken down into various segments as follows:
- Product- Omega-3, Omega-6, Medium Chain Triglycerides (MCTs), and Others.
- Application- Food & Beverages, Pharmaceuticals, Cosmetics, Feed, and Others.
- Region- North America, Europe, China, Japan, Southeast Asia, and India.
Some of the key players involved in the Lipid Nutrition Market are as follows:
- DSM (Netherlands)
- BASF SE (Germany)
- Nordic’s Naturals, Inc. (U.S.)
- Croda International Plc (U.K.)
- Cargill (U.S.)
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