The North America Lipid Market would witness market growth of 7.6% CAGR during the forecast period (2022-2028).
Microencapsulation technology improvements in emerging economies are likely to support the lipid nutrition market share due to its multiple benefits in applications such as medicines, functional foods, and animal nutrition, among others. Since the technology encases food in a shell, key nutrients are protected. It also allows for easy processing and packaging because it can turn liquid ingredients into powder. The price trend of nutritional lipids is mostly determined by rising raw material costs, such as fish oil and flaxseed oil. The many benefits of lipid supplements to arthritis, diabetes, cancer patients is what drives the market.
Bile acids emulsify lipids in the stomach. Bile acids are generated in the hepatocyte from cholesterol and transferred to the biliary canaliculus via an adenosine triphosphate (ATP)-dependent transport mechanism. About half of the bile acids reach the gallbladder as they move down the biliary duct.
According to a report published in the Pharmaceutical Journal in December 2019, the United States Food and Drug Administration (FDA) has approved the omega-3 fatty acid icosapent ethyl as a collateral healing treatment to reduce the risk of cardiovascular events in mature adults with high triglyceride levels. These types of factors are propelling the nutritional lipids market forward in the North American region.
In the United States, heart disease is the top cause of mortality for men, women, and people of most racial and ethnic groups In the United States, one person dies from some cardiovascular disease every 36 seconds. Heart disease kills over 659,000 people in the United States each year, accounting for one out of every four deaths. Between 2016 and 2017, the United States spent $363 billion on heart disease. This covers the costs of healthcare services, medications, and lost productivity as a result of mortality.
The US market dominated the North America Lipid Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,615.1 Million by 2028. The Canada market is anticipated to grow at a CAGR of 10% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 9.1% during (2022 - 2028).
Based on Application, the market is segmented into Food & Beverages, Pharmaceuticals, Nutrition & Supplements, and Others. Based on Source, the market is segmented into Plant-based and Animal-based. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Lipid Market is Estimated to reach $12.8 Billion by 2028, at a CAGR of 8.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Archer Daniels Midland Company, BASF SE, Koninklijke DSM N.V., Reckitt Benckiser Group PLC, Kerry Group PLC, Clover Corporation Limited, Croda International PLC, FMC Corporation, Cargill Corporation, and Nordic Naturals, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Food & Beverages
- Pharmaceuticals
- Nutrition & Supplements
- Others
By Source
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Archer Daniels Midland Company
- BASF SE
- Koninklijke DSM N.V.
- Reckitt Benckiser Group PLC
- Kerry Group PLC
- Clover Corporation Limited
- Croda International PLC
- FMC Corporation
- Cargill Corporation
- Nordic Naturals, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Lipid Market, by Application
1.4.2 North America Lipid Market, by Source
1.4.3 North America Lipid Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Lipid Market
Chapter 4. North America Lipid Market by Application
4.1 North America Food & Beverages Market by Country
4.2 North America Pharmaceuticals Market by Country
4.3 North America Nutrition & Supplements Market by Country
4.4 North America Others Market by Country
Chapter 5. North America Lipid Market by Source
5.1 North America Plant-based Market by Country
5.2 North America Animal-based Market by Country
Chapter 6. North America Lipid Market by Country
6.1 US Lipid Market
6.1.1 US Lipid Market by Application
6.1.2 US Lipid Market by Source
6.2 Canada Lipid Market
6.2.1 Canada Lipid Market by Application
6.2.2 Canada Lipid Market by Source
6.3 Mexico Lipid Market
6.3.1 Mexico Lipid Market by Application
6.3.2 Mexico Lipid Market by Source
6.4 Rest of North America Lipid Market
6.4.1 Rest of North America Lipid Market by Application
6.4.2 Rest of North America Lipid Market by Source
Chapter 7. Company Profiles
7.1 Archer Daniels Midland Company
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
8.2 BASF SE
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.5.2 Partnerships, Collaborations, and Agreements:
8.3 Koninklijke DSM N.V.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.4 Reckitt Benckiser Group PLC
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.5 Kerry Group PLC
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.6 Clover Corporation Limited
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expenses
8.7 Croda International PLC
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.8 FMC Corporation
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Research & Development Expenses
8.9 Cargill Corporation
8.9.1 Company Overview
8.10. Nordic Naturals, Inc.
8.10.1 Company Overview
TABLE 1 North America Lipid Market, 2018 - 2021, USD Million
TABLE 2 North America Lipid Market, 2022 - 2028, USD Million
TABLE 3 North America Lipid Market by Application, 2018 - 2021, USD Million
TABLE 4 North America Lipid Market by Application, 2022 - 2028, USD Million
TABLE 5 North America Food & Beverages Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Food & Beverages Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Pharmaceuticals Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Pharmaceuticals Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Nutrition & Supplements Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Nutrition & Supplements Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Lipid Market by Source, 2018 - 2021, USD Million
TABLE 14 North America Lipid Market by Source, 2022 - 2028, USD Million
TABLE 15 North America Plant-based Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Plant-based Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Animal-based Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Animal-based Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Lipid Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Lipid Market by Country, 2022 - 2028, USD Million
TABLE 21 US Lipid Market, 2018 - 2021, USD Million
TABLE 22 US Lipid Market, 2022 - 2028, USD Million
TABLE 23 US Lipid Market by Application, 2018 - 2021, USD Million
TABLE 24 US Lipid Market by Application, 2022 - 2028, USD Million
TABLE 25 US Lipid Market by Source, 2018 - 2021, USD Million
TABLE 26 US Lipid Market by Source, 2022 - 2028, USD Million
TABLE 27 Canada Lipid Market, 2018 - 2021, USD Million
TABLE 28 Canada Lipid Market, 2022 - 2028, USD Million
TABLE 29 Canada Lipid Market by Application, 2018 - 2021, USD Million
TABLE 30 Canada Lipid Market by Application, 2022 - 2028, USD Million
TABLE 31 Canada Lipid Market by Source, 2018 - 2021, USD Million
TABLE 32 Canada Lipid Market by Source, 2022 - 2028, USD Million
TABLE 33 Mexico Lipid Market, 2018 - 2021, USD Million
TABLE 34 Mexico Lipid Market, 2022 - 2028, USD Million
TABLE 35 Mexico Lipid Market by Application, 2018 - 2021, USD Million
TABLE 36 Mexico Lipid Market by Application, 2022 - 2028, USD Million
TABLE 37 Mexico Lipid Market by Source, 2018 - 2021, USD Million
TABLE 38 Mexico Lipid Market by Source, 2022 - 2028, USD Million
TABLE 39 Rest of North America Lipid Market, 2018 - 2021, USD Million
TABLE 40 Rest of North America Lipid Market, 2022 - 2028, USD Million
TABLE 41 Rest of North America Lipid Market by Application, 2018 - 2021, USD Million
TABLE 42 Rest of North America Lipid Market by Application, 2022 - 2028, USD Million
TABLE 43 Rest of North America Lipid Market by Source, 2018 - 2021, USD Million
TABLE 44 Rest of North America Lipid Market by Source, 2022 - 2028, USD Million
TABLE 45 key Information – Archer Daniels Midland Company
TABLE 46 Key Information – BASF SE
TABLE 47 Key Information – Koninklijke DSM N.V.
TABLE 48 Key information – Reckitt Benckiser Group PLC
TABLE 49 Key Information – Kerry Group PLC
TABLE 50 Key Information – Clover Corporation Limited
TABLE 51 Key Information – Croda International PLC
TABLE 52 Key Information – FMC Corporation
TABLE 53 Key Information – Cargill Corporation
TABLE 54 Key Information – Nordic Naturals, Inc.
List of Figures
FIG 1 Methodology for the research