Latin America Lipid Market Size & Outlook, 2022-2030
Latin America lipid market, 2018-2030 (US$M)
Related Markets
Latin America lipid market highlights
- The Latin America lipid market generated a revenue of USD 642.1 million in 2022.
- The market is expected to grow at a CAGR of 5.7% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 642.1 million |
| Market revenue in 2030 | USD 1,001.6 million |
| Growth rate | 5.7% (CAGR from 2022 to 2030) |
| Largest segment | Clinical |
| Fastest growing segment | Clinical |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Latin America region accounted for 6.8% of the global lipid market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,340.3 million by 2030.
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Lipid Market Scope
Lipid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 18.46% in 2022. Horizon Databook has segmented the Latin America lipid market based on clinical, pre-clinical covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Economic Commission for Latin America and the Caribbean report, the pharmaceutical industry contributes 0.4% of the region’s GDP. Pharmaceuticals is a major growing sector in the region. The increase in health awareness among people has increased post-COVID-19 outbreak which has driven the pharmaceutical sector in Brazil, Argentina, and other countries.
This is expected to impact the lipid market owing to its utilization in vaccines. An increase in spending on personal health has impacted the demand for medicines, which, in turn, would drive the demand for lipids.
In addition, the lipid market is expected to grow at a stable pace on account of, the processed food industry's expansion, which will be powered throughout the forecast period by rising consumer disposable income and an increase in the number of young professionals. Protein demand is increasing as people become more aware of the importance of eating nutrient-rich foods
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Target buyers of Latin America 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 continent-level data and insights on the Latin America lipid market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America lipid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America lipid market size, by country, 2018-2030 (US$M)
Latin America Lipid Market Outlook Share, 2022 & 2030 (US$M)
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