Japan Lipid Market Size & Outlook, 2023-2030
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Japan lipid market highlights
- The Japan lipid market generated a revenue of USD 738.3 million in 2022 and is expected to reach USD 1,311.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 7.8% 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 738.3 million |
| Market revenue in 2030 | USD 1,311.9 million |
| Growth rate | 7.8% (CAGR from 2023 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, Japan accounted for 5.4% 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 Asia Pacific, China lipid market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,534.1 million by 2030.
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Lipid Market Scope
Lipid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Omega Protein | View profile | 1001-5000 | Houston, Texas, United States, North America | http://omegaprotein.com/ |
| Lipoid | View profile | 11-50 | Ludwigshafen, Rheinland-Pfalz, Germany, Europe | http://www.lipoid.com/ |
| Fiserv Inc | View profile | 42000 | 255 Fiserv Drive, Brookfield, WI, United States, 53045 | https://www.fiserv.com |
| Croda International PLC | View profile | 5852 | Cowick Hall, Snaith, Goole, East Yorkshire, United Kingdom, DN14 9AA | https://www.croda.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Kerry Group PLC Class A | View profile | 21000 | Prince's Street, Tralee, Kerry, Ireland, V92 EH11 | https://www.kerry.com |
| Archer-Daniels Midland Co | View profile | 41802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | https://www.adm.com |
| Nordic Naturals | View profile | 251-500 | Watsonville, California, United States, North America | https://www.nordic.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Koninklijke DSM NV | View profile | 20682 | Het Overloon 1, P.O. Box 6500, Heerlen, LI, Netherlands, 6411 TE | https://www.dsm.com |
| Merck KGaA | View profile | 62345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | https://www.emdgroup.com |
Japan 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 19.49% 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.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Japan 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 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.
Partial client list
Japan lipid market size, by phase, 2018-2030 (US$M)
Japan Lipid Market Outlook Share, 2022 & 2030 (US$M)
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