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Nutritional Lipids Market size surpassed USD 13.5 billion in 2022 and is estimated to witness over 10% CAGR from 2023 to 2032, driven by the growing demand for functional food products globally.
The fast-paced lifestyle of consumers, which includes poor diet and little physical activity, has led to the rise of chronic illnesses. Mounting health consciousness of consumers has increased the demand for functional foods. As a result, the functional food sector is working to diversify products by expanding functional qualities with the increasing use of lipids as active ingredients and components in functional foods and nutraceuticals. Moreover, manufacturers are focused on producing healthy food items to lower health spending, minimize the risks of long-term illnesses, and promote human health.
Report Attribute | Details |
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Base Year: | 2022 |
Nutritional Lipids Market Size in 2022: | USD 13.7 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 10.4% |
2032 Value Projection: | USD 36.6 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 375 |
Tables, Charts & Figures: | 293 |
Segments covered: | Product, Application, Form, Source, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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