UAE Lipid Market Size & Outlook, 2023-2030
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UAE lipid market highlights
- The UAE lipid market generated a revenue of USD 249.1 million in 2022 and is expected to reach USD 411.6 million by 2030.
- The UAE market is expected to grow at a CAGR of 6.8% 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 249.1 million |
| Market revenue in 2030 | USD 411.6 million |
| Growth rate | 6.8% (CAGR from 2023 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, UAE accounted for 1.8% 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 988.5 million by 2030.
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Lipid Market Scope
Lipid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Omega Protein | View profile | 1001-5000 | Houston, Texas, United States, North America | http://omegaprotein.com/ |
| Lipoid | View profile | 11-50 | Ludwigshafen, Rheinland-Pfalz, Germany, Europe | http://www.lipoid.com/ |
| Fiserv Inc | View profile | 42000 | 255 Fiserv Drive, Brookfield, WI, United States, 53045 | https://www.fiserv.com |
| Croda International PLC | View profile | 5852 | Cowick Hall, Snaith, Goole, East Yorkshire, United Kingdom, DN14 9AA | https://www.croda.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Kerry Group PLC Class A | View profile | 21000 | Prince's Street, Tralee, Kerry, Ireland, V92 EH11 | https://www.kerry.com |
| Archer-Daniels Midland Co | View profile | 41802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | https://www.adm.com |
| Nordic Naturals | View profile | 251-500 | Watsonville, California, United States, North America | https://www.nordic.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Koninklijke DSM NV | View profile | 20682 | Het Overloon 1, P.O. Box 6500, Heerlen, LI, Netherlands, 6411 TE | https://www.dsm.com |
| Merck KGaA | View profile | 62345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | https://www.emdgroup.com |
UAE 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 19.31% in 2022. Horizon Databook has segmented the UAE lipid market based on clinical, pre-clinical covering the revenue growth of each sub-segment from 2018 to 2030.
The U.A.E. is one of the most developed among the GCC countries. Its pharmaceutical and healthcare industry is one of the major contributors to its economic growth. According to the World Bank, the overall spending on healthcare and pharmaceuticals is estimated to be 4.6% of the total country’s GDP by 2026.
In addition, it was reported that the growth of the UAE pharmaceutical industry is anticipated to be positive in the long run. Moreover, the U.A.E.'s healthcare industry is expanding due to demographic changes in its population.
According to the World Bank, the proportion of people over 65 years in the United Arab Emirates will rise from 1.1% to 4.4% by 2030. This will increase the demand for healthcare, especially geriatric care. The lipid market is poised to grow on account of the overall growth of the pharmaceutical industry in the U.A.E.
Reasons to subscribe to UAE lipid market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of UAE 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 UAE lipid market , including forecasts for subscribers. This country databook contains high-level insights into UAE lipid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UAE lipid market size, by phase, 2018-2030 (US$M)
UAE Lipid Market Outlook Share, 2022 & 2030 (US$M)
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