Rising cases of chronic diseasesto escalate the Asia Pacificnutritional lipid market at a CAGR of 10.5%
Latest market study on “Asia Pacific Nutritional Lipid Market to 2027 –Analysis and Forecasts by Type (Omega-3, Omega-6, Medium-Chain Triglycerides, Others); Application (Dietary supplements and Nutraceutical, Pharmaceutical, Infant Formula, Animal Nutrition, Food Fortification, and Others); Source (Animal Source, and Plant Source); Form (Powder, and Liquid), and Country”.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.
The Asia Pacificnutritional lipidmarket 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$ 6,337.6Mnby 2027. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
Diet plays a major role as a risk factor for chronic diseases. Largely plant-based diets have been rapidly replaced by high-fat, energy-dense diets with a considerable content of animal-based foods. Physical inactivity can cause disease which can affect the health of any individual. The risk factors, such as tobacco use, is probably to have an additive effect, which could cause chronic disease in Asia Pacific. 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. Hence, these factors are known to drive the Asia Pacific nutrition lipid market.
The market for Asia Pacificnutritional lipidis concentrated with some very well-established players. Some of the key players in the Asia Pacificnutritional lipid market includeArcher 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 Polarisamongst the others.
