Albany, NY -- (SBWire) -- 05/07/2019 --The lipids market remains highly fragmented with a multitude of global and local players vying for consolidation. Leading players in the lipids market are investing heavily in research and development of new products to maintain a competitive edge. On the other hand, local players continue to meet the demand for lipids in the domestic market. Leading players in the lipids market are increasingly collaborating with local players to extend their distribution network for their products and extend their market presence in various regions. Additionally, prominent players in the lipids market continue to expand their global footprint through acquisitions and mergers while others are focusing on strengthening their sales and distribution networks.
Some the key players operating in the lipids market are Archer Daniels Midland Company, Cayman Chemical and Matreya LLC, Stepan Company, ABITEC Corporation, Merck Millipore Ltd., Avanti Polar Lipids, Lipoid, DSM N.V and Polaris, BASF, Croda International, and Dupont.
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Burgeoning Adoption in Nutritional Supplements Industry to Uphold Lipids Market Growth
Increasing geriatric population, coupled with changing dietary patterns and food quality is creating a surge in the demand for nutritional supplements. Lipids are finding increasing application in nutritional supplements owing to the assortment of health benefits they offer. A recent development complementing the demand of lipids in nutritional supplements was research which concluded a variety of lipids to be beneficial for treating mitochondria dysfunction. Clinical trials conducted during the research found I-carnitine, coenzyme Q10, glycerolphospholipids, NADH to improve mitochondria functionality while membrane lipid supplements were found to reduce fatigue and other mitochondria-associated symptoms found in patients suffering from cancer, aging, and chronic diseases. Another research suggested lipid-based nutritional supplements to promote growth and development in infants who lack essential nutrients in their diet. These factors are estimated to continue to drive the growth of lipids market.
Lipids to Find Increasing Application as Flavorings in F&B Industry
Pervasive trends such as "mindful choices", "clean label", and "sustainability" continue to influence consumer choices who are preferring food products with natural ingredients and enhanced taste. Lipids offer an alternative to synthetic flavoring carriers that allow food production companies to maintain the taste and smell in their products while incorporating natural ingredients. Additionally, lipids are finding increasing applications in the food and beverages industry owing to their superior functional properties such as emulsification, density, texture, and hydrogenation. These factors are imperative to lipids market growth.
Further, lipids present a lucrative alternative for replacing saturated fatty acids in food products which are being linked to multiple health problems. For instance, research studying the potential use of lipid organogels for obtaining semi-solid fats while reducing the content of saturated fatty acids complements the demand for lipids in the food and beverages industry. Coupled with the health benefits offered by lipids, the factors are expected to bolster lipids market growth.
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Escalating Demand for Green Cosmetics to Complement Lipids Market Growth
Lipids and emulsifiers derived from lipids are the primary materials used in the manufacturing of cosmetics owing to their emulsification properties which form a barrier to protect the skin from external elements. With consumers preferring green cosmetics owing to the inclusion of natural ingredients and the health benefits associated with them, the demand for lipids derived from plants and other biotechnological origins is on the rise. Additionally, collaborative efforts for obtaining lipids specifically for use in cosmetics is expected to fuel lipids market growth. A recent development complementing the lipids market growth owing to increasing use in cosmetics was the conduction of the "Lipids & Cosmetics" Congress in 2018 where researches discussed various ideas relating to the use of lipids derivation from natural sources and their use in cosmetics.
Lipids Market Surges as Consumers Seek Cosmetics and Skin Care Products with Organic Ingredients : 2028 -TMR