Market revenue in 2022 | USD 1,528.2 million |
Market revenue in 2030 | USD 2,590.3 million |
Growth rate | 6.8% (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 |
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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 U.S. lipid market based on clinical, pre-clinical covering the revenue growth of each sub-segment from 2018 to 2030.
The strike COVID-19 compelled U.S. citizens to regularly consume nutritional food to fight against infections. This factor has accelerated the consumption of dietary supplements. The demand for dietary supplements is expected to grow at a steady pace in the U.S. in the coming years, which is likely to augment the demand for lipids in the country.
In addition, U.S. citizens commonly consume packaged food products due to easy access to a wide range of available options. The growing retail sector is also contributing to the increasing consumption of packaged food in the U.S. Lipids are an essential ingredient used in food processing. Thus, increasing consumption of packaged food is expected to accelerate the demand for lipids over the projected years.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. lipid market , including forecasts for subscribers. This country databook contains high-level insights into U.S. lipid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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