Turkey Lipid Market Size & Outlook, 2022-2030
Turkey lipid market, 2018-2030 (US$M)
Related Markets
Turkey lipid market highlights
- The Turkey lipid market generated a revenue of USD 102.9 million in 2022 and is expected to reach USD 159.4 million by 2030.
- The Turkey market is expected to grow at a CAGR of 5.6% 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 102.9 million |
| Market revenue in 2030 | USD 159.4 million |
| Growth rate | 5.6% (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, Turkey accounted for 1.1% 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 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 Scope
Lipid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Turkey 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 Turkey lipid market based on clinical, pre-clinical covering the revenue growth of each sub-segment from 2018 to 2030.
The nutritional supplements market in Turkey is on the rise along with the habit of consuming supplements each day. According to the Department of Nutrition and Dietetics, Faculty of Sciences, Ankara University, the habit of consuming supplements among individuals who exercise was found to be 43%-47.6%.
On the other hand, 10.7% of University students used nutritional supplements. The primary reason for the consumption of nutrient supplements was to improve health and boost immunity among the younger population.
Lipids are extensively used in the production of various nutritional supplements. This coupled with the rising consumption of nutritional supplements in Turkey is anticipated to propel the market growth.
Reasons to subscribe to Turkey lipid market databook:
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Target buyers of Turkey 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 Turkey lipid market , including forecasts for subscribers. This country databook contains high-level insights into Turkey lipid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Turkey lipid market size, by phase, 2018-2030 (US$M)
Turkey Lipid Market Outlook Share, 2022 & 2030 (US$M)
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