The Europe nutritional lipid market is accounted to US$ 1,808.1Mn in 2018 and is expected to grow at a CAGR of 8.1% during the forecast period 2019 - 2027, to account to US$ 3,332.3 Mn by 2027.
Lipids mainly consist of hydrocarbons and they act as basic building blocks of function and structure of living cells. Lipids are insoluble in water, but they are soluble in organic solvents. They include fats, oils, fatty acids, cholesterol, and phospholipids that are essential for a large range of cellular communication and metabolism functions. Lipids are an important part of the diet as they serve as energy sources, essential fatty acids sources as well as sources of fat-soluble vitamins. Omega-3, Omega-6, and Medium-Chain Triglycerides are some of the major types of nutritional lipids that are used in diverse applications such as dietary supplements and nutraceutical, pharmaceutical, infant formula, animal nutrition, and food fortification. Chronic diseases are swiftly increasing. Nearly half of chronic disease deaths are attributable to cardiovascular diseases. However, obesity and diabetes are also affecting a large proportion of the population. Several factors have progressed in the prevention of chronic diseases such as low fat intake, healthy diet, etc. Omega 3, a type of nutrition lipid, is swiftly becoming an essential tool in mainstream medicine. Omega 3 has health benefits for every age group. They provide protection against chronic disease such as asthma, cancer, arthritis, etc. and other major diseases. Omega-3 tune down the body?s infection and help prevent chronic diseases. Also, a lower ratio of omega-6 to omega-3 is more appropriate to reduce the risk of numerous chronic diseases and have become epidemics in Europe.
The Europe 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 Europe nutritional lipid market. The market of Omega-3 is propelled by factors such as an increase in awareness among consumer regarding a healthy & balanced diet and its health benefits. Also, omega-3 supplements such as EPA and DHA lessens the risk of colon, prostate, and breast cancer. A sufficient amount of EPA reduces the risk of depression and other health-related problems. Omega-3 obtained from a plant source, a good source of alpha-linolenic acid for vegetarians, delivers an opportunity for omega-3 market growth during the forecast period. The omega-3 is present in various fish such as mackerel, salmon, tuna, sardines, and herring and contain high amounts of omega-3s. Foods such as yogurt, eggs, milk, juices, and soy beverages, are fortified with DHA and other omega-3s.
Europe 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 Europe nutritional lipid market. The Europe dietary supplements and nutraceuticals market is anticipated to hold the largest market share due to the demand for better nutritional value in daily diet. According to the U.S. Food and Drug Administration, intake of dietary supplements as products which contain dietary ingredient such as vitamin, mineral, and others enables better ingestion. The dietary supplements are expected at reducing the risk of chronic diseases and improve the nutritional value in daily diet. The composition of dietary supplements and nutraceuticals improves overall health. As consumers in Europe are more aware of the benefits offered by dietary supplements and nutraceuticals, it is expected to increase the demand of the Europe nutrition lipid market.
Europe nutritional lipid market is segmented based on source as plant source and animal source. The animal source holds the largest share in the Europe 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.
Europe nutritional lipid market is segmented based on form as liquid and powder. The liquid segment holds the largest share in the Europe 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.
Europe nutritional lipid market is segmented based on country as -Germany, France, Italy, UK, Russia, and Rest of Europe. The Rest of Europe holds the largest share in the Europe nutritional lipid market, which is followed by Germnay. The rest of European countries including Sweden, Spain and Nordic region is also expected to increase their consumption of nutrition lipids. For instance in Sweden, the Swedish National Food Agency (Livsmedelsverket) had published the revised version of the national dietary guidelines in 2015. These guidelines provided directions for healthy and sustainable diets. The initiatives by the Livsmedelsverket are projected to encourage the intake of healthy oils and certain fishes to plummet the risk of common chronic diseases in Sweden. Similarly, in Spain the government had introduced NAOS strategy (Strategy for Nutrition, Physical Activity and the Prevention of Obesity), which emphasized on recommended consumption of fatty acids and their benefits for healthy lifestyle.
Some of the players present in the Europe 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, Pharma Marine AS and Polaris amongst the others.
The overall Europe 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 Europe 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 Europe nutritional lipid market.