Global Lipid Nutrition Market 2018-2022
About Lipid Nutrition
Lipid nutrition can be defined as nutrition required for the body to maintain a balanced level of lipids such as cholesterol, triglycerides, and fatty acids. Lipid nutrition can be availed in various formulations such as powder, liquid, capsules, and soft gels.
Technavio’s analysts forecast the global lipid nutrition market to grow at a CAGR of 8.53% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global lipid nutrition market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Lipid Nutrition Market 2018-2022
Technavio recognizes the following companies as the key players in the global lipid nutrition market: Archer Daniels Midland, BASF, Croda International, Koninklijke DSM, Nordic Naturals, and NOW Foods.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increased product availability through online stores. The increased penetration of the internet is changing the purchase patterns of nearly all retail products. In recent years, various supplements have been made available through the online marketplace such as HealthKart, Amazon, and proprietary company websites.”
According to the report, one driver in the market is growing awareness about weight management. Obesity cases are increasing globally. They prevalence of obesity has more than doubled since 1980 globally. In 2016, globally over 25% of adults, 18 years and older, were reported to be overweight. Of these, over 30% adults were obese. The US has one of the highest prevalent cases of obesity.
Further, the report states that one challenge in the market is substitute products and therapies for weight management. Lipid nutrition products are optional products or taken as preventive measures. There are several substitute products in the market. For instance, in the case of preventive healthcare, the proper intake of nutritious food and beverages are recommended by nutritionists to meet the daily nutrition food and beverages are recommended by nutritionists to meet the daily nutrition requirements of the body.
Archer Daniels Midland, BASF, Croda International, Koninklijke DSM, Nordic Naturals, and NOW Foods.