Nutritional Lipids Market size to reach $36.5 Bn by 2032

Nutritional Lipids Market size is anticipated to exceed USD 36.5 billion by 2032, according to a new research report by Global Market Insights Inc.

global nutraceutical sector is rapidly expanding fueled by mounting consumer demand for a healthy, balanced lifestyle. Nutraceuticals are gaining popularity due to their potential nutritional, safety, and therapeutic benefits. Recent studies by the National Center for Biotechnology Information have demonstrated that these compounds offer promising advantages for a variety of health problems. Most nutraceuticals include important nutritional lipids and antioxidants that can help mitigate several medical conditions. As a result, they are regarded as beneficial sources for promoting health, particularly in terms of preventing fatal illnesses like diabetes, infections, renal, and gastrointestinal problems, thereby impelling industry demand.
 

High preference for bio-based products to boost MCTs segment share

With regards to product, the nutritional lipids market from the MCTs segment is poised to be worth over USD 4.5 billion by 2032, due to increasing customer preference for natural and bio-based products, along with rising health concerns. Additionally, growing consumer inclination toward MCTs over traditional fats in their diet.  According to research on preterm newborns, adding MCT oil to formula helps lower the infectious fungus called Candida, which is expected to drive product demand as an essential component in infant formula and nutritional supplements during the forecast period.
 

High prevalence of anemia to raise the need for fortified food products

Based on application, the nutritional lipids market share from the food fortification segment is estimated to witness over 9.5% CAGR from 2023 to 2032, owing to rising occurrences of anemia, particularly in underdeveloped nations. To combat micronutrient deficiencies, the World Health Organization/Food and Agricultural Organization recommends four major strategies - supplementation, nutrition education, fortification, and dietary diversification, with food fortification being the most cost-effective and effective method. Many emerging and underdeveloped nations are taking initiatives and mandating food fortification, leading to a rise in the manufacturing of fortified-foods market in various countries.
 

Browse key industry insights spread across 375 pages with 317 market data tables and 12 figures & charts from the report, “Nutritional Lipids Market Size By Product (Omega-3 {Alpha-Linolenic Acid, Docosahexaenoic Acid, EPA}, Omega-6, MCTs, Others), By Application (Dietary Supplements, Infant formula, Pharmaceuticals, Food Fortification, Animal Nutrition), By Form, By Source (Plant, Animal), Forecast 2023 – 2032” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/nutritional-lipids-market
 

Cost-effective features to favor powder segment growth

As per form, the nutritional lipids market share from powder segment is slated to exhibit more than 10.5% CAGR till 2032, attributed to its longer shelf life, ease of manufacturing and handling, and cost-effective features. Furthermore, for food items where the functionality of a powder formula is important, powder technology supplies distinctively nutritious components efficiently. Increasing efforts by businesses to develop powdered nutritional lipids for functional goods is set to fuel the market value. In November 2022, CoreFX Ingredients, a dry nutritional oils manufacturer and Natures Crops International, a specialty plant oils producer, partnered to develop 70GA Dry Ahiflower Oil, which contains 70% oil and enables the development of novel product application for protein and meal-replacement powders.
 

Expanding pharmaceutical and dietary supplements sectors to impel APAC industry growth

The Asia Pacific nutritional lipids market will cross USD 11.5 billion by 2032. The COVID-19 pandemic has influenced consumer health consciousness behaviors including food consumption, leading to the expansion of the pharmaceutical and dietary supplement industries, particularly in China and India. Furthermore, increasing consumption of nutritional supplements for health benefits are prompting market leaders to introduce effective and high-quality goods to meet customer demands. In January 2023, Herbalife Nutrition, a leading global nutrition firm, expanded its nutritional supplement portfolio in the Asia Pacific region with the launch of Immunoturmeric.
 

Prominent expansion efforts by companies to define the industry outlook

Some of the leading players in the nutritional lipids market include DSM N.V., BASF, Omega Protein Corporation, Nordic Naturals, Polaris Nutritional Lipids, Archer Daniels Midland Company., Croda International, Kerry Group, Neptune Wellness Solutions, Omega 9 Oils, FMC Corporation Royal Canin, CONNOILS, and Frieslandcampina. After meticulously studying customer demands, these organizations are swiftly transforming the industrial landscape through methods, such as product innovation, collaborations, investments in novel technology, and acquisitions. For instance, in February 2022, multinational food processing company ADM strengthened its position in Africa by acquiring Comhan, a South African flavor distributor