South Africa Lipid Market Size & Outlook, 2022-2030
South Africa lipid market, 2018-2030 (US$M)
Related Markets
South Africa lipid market highlights
- The South Africa lipid market generated a revenue of USD 261.4 million in 2022 and is expected to reach USD 444.5 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.9% 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 261.4 million |
| Market revenue in 2030 | USD 444.5 million |
| Growth rate | 6.9% (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 |
Other key industry trends
- In terms of revenue, South Africa accounted for 2.8% 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 Middle East & Africa, Saudi Arabia lipid market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 673.0 million by 2030.
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Lipid Market Scope
Lipid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 18.44% in 2022. Horizon Databook has segmented the South Africa lipid market based on clinical, pre-clinical covering the revenue growth of each sub-segment from 2018 to 2030.
According to the United Nations International Children's Emergency Fund (UNICEF), around 56.6 million children are suffering from chronic malnutrition. For people, their families, communities, and nations, malnutrition has profound and long-lasting effects on the development of people, particularly in the early years of their lives.
According to Trading Economies, 6.5% of the total population of South Africa was suffering from malnutrition in 2019. South Africa continues to have an unacceptably high rate of child malnutrition compared to other middle-income nations, making it an anomaly in this regard. The growth of the lipid market in South Africa is expected to grow on account of its usability in nutritional supplements.
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Target buyers of South Africa 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 South Africa lipid market , including forecasts for subscribers. This country databook contains high-level insights into South Africa lipid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa lipid market size, by phase, 2018-2030 (US$M)
South Africa Lipid Market Outlook Share, 2022 & 2030 (US$M)
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