Lipids Market (Product Type - Sphingomyelin, Glycerophospholipid, Cholesterol, Monoglycerols, Diacylglycerol, Fatty Acid; Application - Pharmaceutical, Personal Care & Cosmetics, Food) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2028
Press Release :
Scientific literature abound on the promising revenue potential of lipid in cosmetic applications. In recent years, solid lipid nanoparticles have shown potential as a photoprotective agent in the cosmetics industry. In particular, solid lipid nanoparticles have attracted attention among researchers. For instance, companies are striving harnessing lipids for developing sunscreens since they are meant to overcome conventional colloidal carriers. Future research directions aim at improving photoprotection of cosmetic formulations. An example is the use of solid lipid nanoparticles. Growing research in nanodrug delivery systems has also opened new windows of opportunities for pharmaceutical industry. A case in point is harnessing lipid nanoparticles for parenteral delivery. The drive for novel drug delivery systems in a wide range of cosmetics and dermal pharmaceuticals is a key driver for trends in the lipids market. The remarkable tolerability that lipids show is making carrier systems. Aspiring industry players have ramped up their investments in harnessing mannosylerythritol lipids for commercial production of advanced cosmetics, the reason having to do with the attractive biochemical actions possible. Their biosynthesis is expected to pave way to new application areas. New microbial screening methods are also being explored.
The current Covid-19 pandemic has caused massive adverse impacts on businesses in several if not all industries worldwide. The supply chain strategies of even the established companies have gone for overhaul, including the chemical industries. Though pharmaceutical and personal care industries might have still be showing good recovery in demand, but the revenue potential has dwindled considerably in recent months. However, consumer sentiment is changing and growing optimistic, supported by regulators and policy makers in various regions. Also, with slow but steady recovery of different consumer markets, the research and development activities of novel cosmetics are expected to rise. This will also be a key determinant in shaping the contours of the lipids market.
Splintered Nature of Lipids Market to Prevail
The lipids market remains highly fragmented with a multitude of global and local players vying for consolidation. Leading players in the lipids market are investing heavily in research and development of new products to maintain a competitive edge. On the other hand, local players continue to meet the demand for lipids in the domestic market. Leading players in the lipids market are increasingly collaborating with local players to extend their distribution network for their products and extend their market presence in various regions. Additionally, prominent players in the lipids market continue to expand their global footprint through acquisitions and mergers while others are focusing on strengthening their sales and distribution networks.
Some the key players operating in the lipids market are Archer Daniels Midland Company, Cayman Chemical and Matreya LLC, Stepan Company, ABITEC Corporation, Merck Millipore Ltd., Avanti Polar Lipids, Lipoid, DSM N.V and Polaris, BASF, Croda International, and Dupont.
Burgeoning Adoption in Nutritional Supplements Industry to Uphold Lipids Market Growth
Increasing geriatric population, coupled with changing dietary patterns and food quality is creating a surge in the demand for nutritional supplements. Lipids are finding increasing application in nutritional supplements owing to the assortment of health benefits they offer. A recent development complementing the demand of lipids in nutritional supplements was research which concluded a variety of lipids to be beneficial for treating mitochondria dysfunction. Clinical trials conducted during the research found I-carnitine, coenzyme Q10, glycerolphospholipids, NADH to improve mitochondria functionality while membrane lipid supplements were found to reduce fatigue and other mitochondria-associated symptoms found in patients suffering from cancer, aging, and chronic diseases. Another research suggested lipid-based nutritional supplements to promote growth and development in infants who lack essential nutrients in their diet. These factors are estimated to continue to drive the growth of lipids market.
Lipids to Find Increasing Application as Flavorings in F&B Industry
Pervasive trends such as “mindful choices”, “clean label”, and “sustainability” continue to influence consumer choices who are preferring food products with natural ingredients and enhanced taste. Lipids offer an alternative to synthetic flavoring carriers that allow food production companies to maintain the taste and smell in their products while incorporating natural ingredients. Additionally, lipids are finding increasing applications in the food and beverages industry owing to their superior functional properties such as emulsification, density, texture, and hydrogenation. These factors are imperative to lipids market growth.
Further, lipids present a lucrative alternative for replacing saturated fatty acids in food products which are being linked to multiple health problems. For instance, research studying the potential use of lipid organogels for obtaining semi-solid fats while reducing the content of saturated fatty acids complements the demand for lipids in the food and beverages industry. Coupled with the health benefits offered by lipids, the factors are expected to bolster lipids market growth.
Escalating Demand for Green Cosmetics to Complement Lipids Market Growth
Lipids and emulsifiers derived from lipids are the primary materials used in the manufacturing of cosmetics owing to their emulsification properties which form a barrier to protect the skin from external elements. With consumers preferring green cosmetics owing to the inclusion of natural ingredients and the health benefits associated with them, the demand for lipids derived from plants and other biotechnological origins is on the rise. Additionally, collaborative efforts for obtaining lipids specifically for use in cosmetics is expected to fuel lipids market growth. A recent development complementing the lipids market growth owing to increasing use in cosmetics was the conduction of the “Lipids & Cosmetics” Congress in 2018 where researches discussed various ideas relating to the use of lipids derivation from natural sources and their use in cosmetics.
Growing Use in Varied Applications to Propel the Growth Opportunities across the Lipids Market
The lipids market will observe significant growth opportunities across the forecast period of 2018-2028. The growing use of lipids in a variety of industries such as cosmetics, pharmaceuticals, personal care, and the food and beverage industry will bring good growth opportunities during the assessment period.
- Lipids are organic compounds falling under the category of fatty acid derivatives or closely related compounds. They are usually insoluble in water and display high solubility levels in organic solvents and alcohols. The vital function of lipids includes signaling and storing energy for cell membranes. The escalating consumer preference for lipid-based products will bring good growth opportunities for the lipids market.
- The escalating urbanization levels are inviting accelerated growth for the lipids market. Booming urbanization in many areas is leading to a change in lifestyle habits, eventually increasing the demand for personal care and cosmetics. These aspects will serve as prominent growth boosters for the lipids market.
- Research and development activities play a crucial role in increasing the growth rate of the lipids market. The players focus intensively on these activities for exploring novel insights. These insights help in boosting the revenues of the players in the lipids market.
- Strategic collaborations have a lion’s share in the growth of the lipids market. The players in the lipids market forge these collaborations for strengthening their influence across the market. Thus, all these aspects bode well for the growth of the lipids market.
- The flourishing nutraceuticals industry will prove to be a growth generator for the lipids market. Lipids are used extensively in nutraceuticals for increasing their nutritional value. These factors lay a red carpet of growth across the lipids market.
- The COVID-19 pandemic has a minimal negative effect on the lipids market as it was exempted from the lockdown restrictions. All the functions were operational at full capacity during the lockdown period due to which the lipids market did not suffer any major loss.
Lipids Market – Executive Summary
The report on lipids market commences with an executive summary which provides brief yet affluent information about the lipids market. Additionally, the chapter provides an overall overview of the lipids market and includes exclusive recommendations from TMR analysts. All the key highlights of the market have been summarized at the beginning of the report.
Lipids Market – Introduction, Background, Analysis, and Forecast
The report on lipids market provides a concrete definition of the market along with a detailed market taxonomy to help readers develop a holistic understanding of the market. In addition to this, all the macro and microeconomic facets influencing lipids market growth have been analyzed in the report. A qualitative and quantitative assessment of all the key market dynamics such as drivers, restraints, threats, challenges, and opportunities have been provided in the report. A detailed historical analysis of the lipids market in addition to an authentic and accurate forecast has been provided.
The report provides a detailed market breakdown on the basis of product type, application, and region. On the basis of product type, the lipids market has been segmented into sphingomyelin, cholesterol, monoglycerols, diacylglycerol, fatty acids, and glycerophospholipid. The report on lipids market further segments glycerolphospholipids into phosphoserines, phosphocholines, phosphatidic acid, MPEGlyated phospholipids, phospholipids with heterogeneous chain, phosphoglycerols with heterogeneous chain, and phosphoethanolamines. Based on the application, the lipids market is segmented into food, personal care & cosmetics, and pharmaceuticals. Each segment identified has been assessed on the basis of both value and volume. Additionally, a market attractiveness for each of the categories identified under market taxonomy has been provided in the report. The report on lipids market provides a historical analysis as well as a forecast of each of the segment identified earlier. A comprehensive assessment of the lipids market on the basis of the region includes a brief introduction to the market prevalent in the region, country-wise analysis of the market, pricing analysis, and supply-demand assessment of the region. Additionally, each region identified in the lipids market report has been analyzed on the basis of product type and application as well.
Lipids Market – Competitive Landscape Assessment
The report on lipids market provides a detailed assessment of the competition prevalent in the market. All the leading players operating in the lipids market are identified under this section. In addition to this, the competitive landscape assessment sheds light on the distribution of revenue among the different players operating in the lipids market. The report on lipids market also provides a detailed profile of each of the leading players operating in the market. The individual profile of each of the leading players operating in the lipids market provides information about their global footprint, market presence, product portfolio, strengths, weaknesses, strategies, and notable business developments. Business professionals and stakeholders in the lipids market can leverage the information to streamline their strategies in accordance with the ongoing trends in the market and gain access to the extensive consumer base. The valuable insights provided in the report on lipids market can aid companies in maximizing the profitability obtained from the market.
Lipids Market – Research Methodology
The report on lipids market is a consequence of an elaborate and robust research methodology employed during the compilation of the report. A two-step research process involving primary and secondary researches was conducted to obtain valuable insights into the lipids market. Interviewing industry savants and comprehensive company case studies formed the basis of the primary research process. Secondary research was conducted by thoroughly studying trade journals, paid sources, company press releases, and other industry-related publications
Results obtained from both the steps of research were triangulated to obtain an authentic and accurate forecast of the lipids market.