The North America nutritional lipid market is accounted to US 2,193.3 Mn in 2018 and is expected to grow at a CAGR of 9.3% during the forecast period 2019 - 2027, to account to US$ 4,866.4 Mn by 2027.
Lipids mainly consist of hydrocarbons and they act as basic building blocks of function and structure of living cells. Omega-3 are polyunsaturated fats and referred to as "essential fats," as the human body does not produce them. The most common types of Omega-3 fats include Eicosapentaenoic acid (EPA), Docosahexaenoic acid (DHA), and Alpha-linolenic acid (ALA). Omega 3 fats are known to offer various health benefits such as improved heart health & mental health, decreased liver fat, and improved infant brain development among many others. The World Health Organization (WHO) also suggests eating at least two portions of oily fish per week to get required omega-3s EPA and DHA. Fish oil is the best source of omega-3 EPA and DHA. There are other sources of omega 3 such as algal oils, nuts and seeds. Like omega-3 fats, omega-6 fats are also polyunsaturated fatty acids and they are primarily used for energy requirements. The most common omega-6 fat is linoleic acid, and omega-6 fats are found in refined vegetable oils, nuts, and seeds. 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 North America.
The North America 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 North America nutritional lipid market followed by 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.
North America 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 North America nutritional lipid market, whereas the infant formula segment is estimated to grow at the fastest rate. Infant formula includes multiple nutrients, such as fats, proteins, carbohydrates, vitamins, minerals, and others, that are fed to babies for their overall growth. Growth in awareness regarding high nutritional content in the infant formula drives the North America nutrition lipid market growth. Infant formula is a substitute for human breast milk. Growth in the infant formula market is considerably driven by the rise in the number of working women. Many working mothers restart their jobs shortly after giving birth. In such a condition, prepared Infant formulas and foods provide an attractive alternative to working mothers, satisfying their need for nutritious and healthy food for their babies.
North America nutritional lipid market is segmented based on source as plant source and animal source. The animal source holds the largest share in the North America nutritional lipid market whereas the plant source has been estimated to grow at the fastest rateVarious plant sources such as sunflowers, olives, soybean, and safflower and vegetables and fruits such as papaya, carrots, melon, and mango contain large amounts of nutritionally active carotenoids. Green leafy vegetables are a rich source of Vitamin A. A regular portion of these foods included in an individual?s diet might affect their health positively. Hence it is significant to consider the possibility of meeting vitamin A needs in the diet. The nutrition lipid market is anticipated to raise with trends of vegan food habit and supplementary diet by the urban population across the world. In developed countries, a large part of the population stays in the urban region, hence, leading to the growing demand for vital lipids to maintain health and wellness. Based on sources in the nutritional lipids market, the plant source segment is anticipated to grow considerably, owing to the growing preference of vegan for plant-derived nutrition.
North America nutritional lipid market is segmented based on form as liquid and powder. The liquid segment holds the largest share in the North America 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.
North America nutritional lipid market is segmented based on country as - US, Canada, and Mexico. The US holds the largest share in the North America nutritional lipid market, which is followed by Canada. Recently, more than 90% of the families residing in the country were found to have less than 8% of Omega-3 index. Whereas as per the facts 8% is the minimum necessary blood level of omega-3 fatty acids for protection from CVDs. These findings indicate the instant need for awareness among the physician, so that other people can be better acquainted with the sufficient quantity of omega - 3 fatty acids levels in the blood.
Some of the players present in the North America 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 North America 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 North America 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 North America nutritional lipid market.