The Asia Pacific nutritional lipid market is accounted to US$ 2,583.0 Mn in 2018 and is expected to grow at a CAGR of 10.5% during the forecast period 2019 - 2027, to account to US$ 6,337.6 Mn by 2027.
A certain amount of fat is vital for healthy body functions. Even though there are various types of fats and some have benefits for the body. Lipids are fats and are the most energy-rich component of food. Lipids do not dissolve in water because they are different from carbohydrates and proteins. Nutrition lipid markets and innovates scientifically that enhance and maintain health and well-being. Nutrition lipid delivers different functionalities and used in processed foods to improve product characteristics and nutrient composition. International Life Sciences Institute, a non-profit organization, based in Asia Pacific, sponsored a workshop to discuss the health effects of fats, identify research needs, and outline considerations for the design of future studies. Rising awareness of chronic diseases and growing use of omega 3 in the pharmaceutical industry coupled with rising R&D activities in Asia Pacific is boosting the market. Furthermore, the growing consumption of enhanced medication is anticipated to drive the demand for omega 3-based products in Asia Pacific over the forecast period.
The Asia Pacific nutritional lipid market is segmented based of product type as omega-3, omega-6, medium-chain triglycerides, others. The omega-3 segment holds the largest share in the Asia Pacific nutritional lipid market followed omega-6. Omega-6 fatty acids, like omega-3, are vital fatty acids that can only be obtained through supplements and food. Omega-6 is not produced in the body. They are very significant to the brain and play an essential role in growth and development. It also stimulates hair and skin growth, maintain good bone health, keeps the reproductive system healthy, helps regulate metabolism, etc. Omega-6 fats get mainly from vegetable oils. Omega-6help keep blood sugar in check by enhancing the body's sensitivity to insulin. The omega-6 fatty acid is a type of polyunsaturated fatty acid. Omega-6 fatty acids biological effects are mostly produced during & after the physical activity of promoting growth and it halt cell damage and promote cell repair.
Asia Pacific nutritional lipid market is segmented based on application as dietary supplements and nutraceutical, pharmaceutical, infant formula, animal nutrition, food fortification, and others. The dietary supplements and nutraceutical holds the largest share in the Asia Pacific nutritional lipid market followed by animal nutrition. Fat is one of the vital nutrients in diets and, like other nutrients such as fiber, protein, sugar, and starch. Fat offers benefits not available from other nutrient sources such as fiber and starch. Increase in domesticated animals and livestock population drive the growth of the animal nutrition market. Animal nutrition surges the focus on nutritional needs of animals, primarily those in agriculture and food production. Animal nutrition is significant for the productivity and health of agriculture animals. Several programs and organizations such as the National Animal Nutrition Program (NANP) work to identify high-priority animal nutrition concerns.
Asia Pacific nutritional lipid market is segmented based on source as plant source and animal source. The animal source holds the largest share in the Asia Pacific nutritional lipid market. Health nutrition is facing numerous and major challenges. Due to the rapid increase in the burden of obesity and the increasing age of populations, there is a growing risk of the chronic disease considerably. Foods resulting from animals are a significant source of nutrients in the diet. Though, definite aspects of some of these foods have led to concerns regarding the contribution of these foods to the increased risk of cardiovascular disease and other conditions. The fatty acid composition of numerous animal-derived foods is not constant and can be improved by animal nutrition. The future role of animal source in creating foods for long term human health would be increasingly important.
Asia Pacific nutritional lipid market is segmented based on form as liquid and powder. The liquid segment holds the largest share in the Asia Pacific nutritional lipid market. Liquid lipids also plays many important roles in the human body, such as providing energy to producing hormones, helping in digestion along with absorbing food properly. A proper amount of lipid nutrition helps to keep body healthy and controls weight gain as well. Sometimes fat is used to describe those lipids that are solid at the definite temperature, while the term oil is used to define those lipids that are liquid at the definite temperature. Oil such as fish oil and vegetable oils are considered as liquid products used for nutrition lipid.
Asia Pacific nutritional lipid market is segmented based on country as ?Australia, China, Japan, South Korea, and Rest of Asia Pacific. China holds the largest share in the Asia Pacific nutritional lipid market, which is followed by Rest of APAC. However, the country still faces certain challenges in terms of media coverage, fragmented market, and communication issues across different industry players. Despite, the industry would continue to grow by propagating in new vertical through advanced technologies. Such as the consumers in China are developing interest in commercial development of algae products and numerous types of dosage formats like liquid burst.
Some of the players present in the Asia Pacific nutritional lipid market are Archer Daniels Midland Company, BASF SE Croda International plc, Koninklijke DSM N.V., Neptune Wellness Solutions (NEPTUNE TECHNOLOGIES & BIORESSOURCES INC.), Nordic Naturals, Inc., Omega Protein Corporation (COOKE INC.), Pelagia AS, and Polaris amongst the others.
The overall Asia Pacific nutritional lipid market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Asia Pacific nutritional lipid market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Asia Pacific nutritional lipid market.