Russia Lipid Market Size & Outlook, 2022-2030

The lipid market in Russia is expected to reach a projected revenue of US$ 184.9 million by 2030. A compound annual growth rate of 5.5% is expected of Russia lipid market from 2023 to 2030.
Revenue, 2022 (US$M)
$120.1
Forecast, 2030 (US$M)
$184.9
CAGR, 2023 - 2030
5.5%
Report Coverage
Russia

Russia lipid market highlights

  • The Russia lipid market generated a revenue of USD 120.1 million in 2022 and is expected to reach USD 184.9 million by 2030.
  • The Russia market is expected to grow at a CAGR of 5.5% 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 2022USD 120.1 million
Market revenue in 2030USD 184.9 million
Growth rate5.5% (CAGR from 2022 to 2030)
Largest segmentClinical
Fastest growing segmentClinical
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationClinical, Pre-clinical
Key market players worldwideDanaher 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, Russia accounted for 1.3% 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 Europe, Germany lipid market is projected to lead the regional market in terms of revenue in 2030.
  • Germany is the fastest growing regional market in Europe and is projected to reach USD 609.3 million by 2030.

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Lipid Market Companies

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Russia 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 18.48% in 2022. Horizon Databook has segmented the Russia lipid market based on clinical, pre-clinical covering the revenue growth of each sub-segment from 2018 to 2030.


The pharmaceutical industry in Russia is expected to be driven by the continuous innovation, research, and development of various drugs on account of increasing production efficiency and improving the quality of the manufactured drugs. 

In addition, increasing life expectancy and a growing population are anticipated to boost the pharmaceutical market in the country. Amid the COVID-19 pandemic, the country’s pharmaceutical sector played an important role in uplifting the country’s economy and curbing the spread of COVID-19.

Although Russia imports a majority of its medicines from other countries, increasing in-house production and growing investment in R&D activities are expected to boost the growth of the pharmaceutical sector in the country. Such factors are responsible for the growth of the lipid market in Russia over the forecast period.

Reasons to subscribe to Russia lipid market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
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Target buyers of Russia lipid market databook

  • Our clientele includes a mix of lipid market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 Russia lipid market , including forecasts for subscribers. This country databook contains high-level insights into Russia lipid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Russia lipid market size, by phase, 2018-2030 (US$M)

Russia Lipid Market Outlook Share, 2022 & 2030 (US$M)

Russia lipid market size, by phase, 2018-2030 (US$M)

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