Market revenue in 2022 | USD 513.8 million |
Market revenue in 2030 | USD 901.9 million |
Growth rate | 7.3% (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 |
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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 India lipid market based on clinical, pre-clinical covering the revenue growth of each sub-segment from 2018 to 2030.
India is witnessing rising instances of atherosclerotic cardiovascular disease (ASCVD). The risk of Coronary artery disease (CAD) is rapidly increasing among people younger than 40 years. According to reports, around 10%-25% of myocardial infarctions (MI) in India occur in people younger than 40 years.
Lipid particles significantly contribute to the treatment of cardiovascular disease and influence inflammatory processes. Hence, omega 3 is heavily consumed in the formulation of drugs for the treatment of heart diseases. The increasing risk of heart disease is anticipated to propel the utilization of lipids in pharmaceutical and healthcare industries in India over the projected years.
Horizon Databook provides a detailed overview of country-level data and insights on the India lipid market , including forecasts for subscribers. This country databook contains high-level insights into India lipid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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