Thailand Lipid Market Size & Outlook, 2022-2030
Thailand lipid market, 2018-2030 (US$M)
Related Markets
Thailand lipid market highlights
- The Thailand lipid market generated a revenue of USD 385.4 million in 2022 and is expected to reach USD 659.4 million by 2030.
- The Thailand 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 385.4 million |
| Market revenue in 2030 | USD 659.4 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, Thailand accounted for 4.1% 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 989.8 million by 2030.
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Lipid Market Scope
Lipid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Thailand 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 18.45% in 2022. Horizon Databook has segmented the Thailand lipid market based on clinical, pre-clinical covering the revenue growth of each sub-segment from 2018 to 2030.
The pharmaceutical industry in Thailand is expected to grow at a steady pace which is attributable to the aging population, which generates a significant requirement for prescribed medicines. This factor has bolstered the demand for pharmaceutical products.
According to Statista, as of 2022, the total number of pharmacies and pharmacists in Thailand is 13,091 and 15,300, respectively. Rising production and easy availability of pharmaceutical & healthcare products have increased the consumption of medicines in Thailand.
In addition, there has been an upsurge in the number of cases of heart disease in the country. According to the Ministry of Public Health, as of 2022, about 400,000 people fall sick with heart disease every year, which leads to over 20,000 deaths per year due to heart disease in Thailand.
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Target buyers of Thailand 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 Thailand lipid market , including forecasts for subscribers. This country databook contains high-level insights into Thailand lipid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Thailand lipid market size, by phase, 2018-2030 (US$M)
Thailand Lipid Market Outlook Share, 2022 & 2030 (US$M)
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