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Lipid Market Share

Report ID: GMI6255
Published Date: Jul 2023
Report Format: PDF

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Lipid Market Share

Some of the major companies operating in the lipid market are:

Archer Daniels Midland Company (ADM)
Bunge Limited
Cargill
Incorporate
Wilmar International Limited
Louis Dreyfus Company
IOI Corporation Berhad
AAK AB
Croda International Plc
Kerry Group
BASF SE
DuPont de Nemours, Inc
Corbion N.V.
Bioriginal Food & Science Corporation
Stepan Company
Loders Croklaan

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market valuation of lipid was reached USD 13.71 billion in 2023 and is estimated to cross USD 23.8 billion by the end of 2032, attributed to widespread usage as ingredients in food products to enhance taste, texture, and nutritional profile.

Plant lipid market generated USD 8.4 billion in revenue in 2022 and is set to witness significant traction through 2032, owing to the growing consumer preference for plant-based lipids as healthier alternatives to animal fats.

U.S. market size was valued at USD 2billion in 2022 and is anticipated to expand at a significant pace from 2023-2032, driven by the increasing number of health-conscious consumers across American countries.

Some of the top companies in the market are Archer Daniels Midland Company (ADM), Bunge Limited, Cargill, Incorporated, Wilmar International Limited, Louis Dreyfus Company, IOI Corporation Berhad, AAK AB, Croda International Plc, Kerry Group, and BASF SE.