Market revenue in 2022 | USD 495.5 million |
Market revenue in 2030 | USD 835.6 million |
Growth rate | 6.8% (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 Japan lipid market based on clinical, pre-clinical covering the revenue growth of each sub-segment from 2018 to 2030.
The Japanese population has been keen on the consumption of omega-3 in their regular diet for a long time, primarily from fish and fish oils. The consumption of omega-3-based food has been further boosted owing to the easy availability of omega-3 dietary supplements and functional food.
It is speculated that the reason behind lower COVID-19 casualties in Japan than in other countries was the high level of consumption of omega-3 in the typical diet of the population. Furthermore, high consumption of omega-3 keeps cholesterol under control, which reduces the risk of a heart attack.
Japan has the presence of numerous omega-3 producers, including Novasep, KD Pharma Group, Bizen Chemical Co., and AlaskOmega. Growing awareness of the benefits of omega 3 is expected to drive its demand, thereby, positively influencing the market for lipids in Japan over the forecasted years.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan lipid market , including forecasts for subscribers. This country databook contains high-level insights into Japan lipid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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