Canada Lipid Market Size & Outlook, 2022-2030
Canada lipid market, 2018-2030 (US$M)
Related Markets
Canada lipid market highlights
- The Canada lipid market generated a revenue of USD 500.5 million in 2022 and is expected to reach USD 828.2 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.5% 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.
Lipid market data book summary
| Market revenue in 2022 | USD 500.5 million |
| Market revenue in 2030 | USD 828.2 million |
| Growth rate | 6.5% (CAGR from 2022 to 2030) |
| Largest segment | Clinical |
| Fastest growing segment | Clinical |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Canada accounted for 5.3% of the global lipid market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. lipid market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 2,590.3 million by 2030.
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Lipid Market Scope
Lipid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 18.44% in 2022. Horizon Databook has segmented the Canada lipid market based on clinical, pre-clinical covering the revenue growth of each sub-segment from 2018 to 2030.
According to a survey by the National Center of Biotechnology Information (NCBI) in 2020, 43.4% of students were found to have been using dietary supplements regularly. It was also reported that people aged over 20 years are more inclined toward the consumption of dietary supplements to achieve essential nutrition for their bodies.
The increasing consumption of nutritional food is attributed to the rising awareness regarding health and wellness in Canada. The consumption of dietary supplements and functional food has been further elevated following the outbreak of COVID-19.
Canadians are inclined toward consuming nutritional supplements such as omega 3 and omega 6 as a part of their daily diet. This factor is expected to contribute to the growth of the lipid market in Canada over the coming years.
Reasons to subscribe to Canada lipid market databook:
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Target buyers of Canada 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 country-level data and insights on the Canada lipid market , including forecasts for subscribers. This country databook contains high-level insights into Canada lipid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada lipid market size, by phase, 2018-2030 (US$M)
Canada Lipid Market Outlook Share, 2022 & 2030 (US$M)
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