Asia Pacific Lipid Market Size & Outlook, 2023-2030
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Asia Pacific lipid market highlights
- The Asia Pacific lipid market generated a revenue of USD 5,348.0 million in 2022.
- The market is expected to grow at a CAGR of 7.9% from 2023 to 2030.
- In terms of segment, clinical was the largest revenue generating phase in 2022.
- Clinical is the most lucrative phase segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 5,348.0 million |
| Market revenue in 2030 | USD 9,597.1 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Clinical |
| Fastest growing segment | Clinical |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clinical, Pre-clinical |
| Key market players worldwide | Danaher Corp, Evonik Industries AG, Merck KGaA, Croda International PLC, Lipoid, Cargill, Basf SE, Archer-Daniels Midland Co, Koninklijke DSM NV, Kerry Group PLC Class A, Nordic Naturals, Fiserv Inc, Omega Protein |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 39.2% of the global lipid market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,597.1 million by 2030.
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Lipid Market Scope
Lipid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Omega Protein | View profile | 1001-5000 | Houston, Texas, United States, North America | http://omegaprotein.com/ |
| Lipoid | View profile | 11-50 | Ludwigshafen, Rheinland-Pfalz, Germany, Europe | http://www.lipoid.com/ |
| Fiserv Inc | View profile | 42000 | 255 Fiserv Drive, Brookfield, WI, United States, 53045 | https://www.fiserv.com |
| Croda International PLC | View profile | 5852 | Cowick Hall, Snaith, Goole, East Yorkshire, United Kingdom, DN14 9AA | https://www.croda.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Kerry Group PLC Class A | View profile | 21000 | Prince's Street, Tralee, Kerry, Ireland, V92 EH11 | https://www.kerry.com |
| Archer-Daniels Midland Co | View profile | 41802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | https://www.adm.com |
| Nordic Naturals | View profile | 251-500 | Watsonville, California, United States, North America | https://www.nordic.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Koninklijke DSM NV | View profile | 20682 | Het Overloon 1, P.O. Box 6500, Heerlen, LI, Netherlands, 6411 TE | https://www.dsm.com |
| Merck KGaA | View profile | 62345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | https://www.emdgroup.com |
Asia Pacific lipid market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lipid market will help companies and investors design strategic landscapes.
Clinical was the largest segment with a revenue share of 19.52% in 2022. Horizon Databook has segmented the Asia Pacific lipid market based on clinical, pre-clinical covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is the most populous continent in the world, with a population approximately 3.5 times higher than the second most populous continent Africa, according to Statistics Times. Population growth in the region has been a key factor for the steady pace of growth of industries in the region.
Rising consumption of consumer products, healthcare products, food & beverages products, and others has augmented the demand for chemical ingredients such as lipids in the region.
In addition, the region has the presence of major market players, such as Cargill Incorporated, BASF SE, Kerry Group plc, and Avanti Polar Lipids, which have been producing lipids in large volumes to fulfill the requirements in the region.
Reasons to subscribe to Asia Pacific lipid market databook:
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Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
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Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
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Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
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Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific lipid market databook
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Our clientele includes a mix of lipid market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific lipid market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific lipid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific lipid market size, by country, 2018-2030 (US$M)
Asia Pacific Lipid Market Outlook Share, 2022 & 2030 (US$M)
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