Market revenue in 2022 | USD 3,670.2 million |
Market revenue in 2030 | USD 6,340.3 million |
Growth rate | 7.1% (CAGR from 2022 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 |
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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 18.45% 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.
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.
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