Market revenue in 2022 | USD 171.6 million |
Market revenue in 2030 | USD 264.4 million |
Growth rate | 5.6% (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 18.47% in 2022. Horizon Databook has segmented the Italy lipid market based on clinical, pre-clinical covering the revenue growth of each sub-segment from 2018 to 2030.
The market growth in the country is characterized by product applicability in the food industry, especially in the production of dairy products like cheese and butter. The three major lipids are sterols, phospholipids, and triacylglycerol.
Triacylglycerol constitutes over 95% of lipids in the diet and is most commonly found in dairy products such as cheese, butter, & milk along with some meat products. According to Cia Umbria, Italy is one of the prominent producers of cheese in Europe among other countries like Germany and France.
In Italy, Mozzarella cheese is widely produced and the huge production of cheese in the country is expected to have a positive impact on the lipid market growth as lipids are used in cheese production.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy lipid market , including forecasts for subscribers. This country databook contains high-level insights into Italy lipid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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