Functional Powdered Lipids Market

Functional Powdered Lipids Market Outlook (2023 to 2033)

According to the detailed research by Fact.MR, the global functional powdered lipids market recorded sales worth US$ 216.68 million in 2022, expanding at a CAGR of 8.4% from 2018 to 2022. The market is forecasted to advance at a CAGR of 10.1% and reach a size of US$ 624.41 million by the end of 2033.

Increasing demand for different types of functional food products around the world is estimated to boost sales of functional powdered lipids. The fast-paced lifestyle of various consumers includes little physical activity and poor diet, which leads to rising cases of chronic illnesses. However, there are some health-conscious consumers who prefer consuming functional foods, including functional powdered lipids, as a step toward a healthy lifestyle.

• Demand for omega-6 fatty acids is projected to increase at a CAGR of 10.3% and reach a market value of US$ 221 million by 2033.
• Sales of functional powdered lipids in the United States are predicted to rise at a CAGR of 10.2% and reach US$ 138.62 million by 2033.

Functional food manufacturers are focusing on product diversification while adding some functional ingredients such as lipid components in nutraceuticals and functional foods. Market players are also concentrating on producing healthy food products to promote human health, reduce the risks associated with long-term illnesses, and improve the quality of life.

• The National Healthcare Institute and WHO (World Health Organization) emphasized the consumption of a wide variety of nutrients regularly.
• The European Food Safety Authority is also emphasizing the consumption of dietary supplements to support physiological processes and make up for various nutritional deficiencies.

After the pandemic, various people are taking an interest in the consumption of dietary supplements for an improved immune system. They are also consuming supplements, including functional powdered lipids, to prevent healthcare expenditure and for general body strengthening.

Fact.MR, a provider of market research and competitive intelligence, in its newly published research report on functional powdered lipids, offers various dynamics of the industry. New developments, growth opportunities, key limitations, key product ranges, a regional overview, etc., are certain pivotal factors that are studied in detail in this market research report.

Report Attributes	Details
Functional Powdered Lipids Market Size (2022)	US$ 216.68 Million
Estimated Market Value (2023)	US$ 238.56 Million
Projected Market Value (2033)	US$ 624.41 Million
Global Market Growth Rate (2023 to 2033)	10.1% CAGR
Sports Nutrition Segment Growth Rate (2023 to 2033)	10.6% CAGR
China Market Growth Rate (2023 to 2033)	11.2% CAGR
United States Market Value (2033)	US$ 138.62 Million
Germany Market Value (2033)	US$ 80.55 Million
Key Companies Profiled	Innobio Corporation Kerry Group Plc. ABITEC Ming Chyi Biotechnology Ltd. Xian Healthful Biotechnology Co., Ltd. Nutritional Therapeutics Inc. (NTI)

Why is Consumption of Functional Powdered Lipids Increasing at a Fast Pace?

“Physiological Benefits of Functional Powdered Lipids Boosting Their Sales”

Fats and lipids are considered vital components of food. They play a significant role in promoting good health and reducing the risk of diseases. Functional powdered lipids have physiological benefits and reduce the chances of chronic diseases. They work beyond basic nutritional functions.

Many people, around the world, are consuming functional food products to prevent the human body against certain diseases. In addition, the prevalence of numerous lifestyle-related diseases, including type-2 diabetes, hypertension, atherosclerosis, hyperlipidemia, and obesity is projected to propel the demand for functional powdered lipids over the coming 10 years. Health-conscious people are contributing to increased sales of health supplements that contain healthy oils and lipids, including omega oils, fish oils, etc.

“Growing Use of Functional Lipids in Cosmetic Industry”

Demand for various types of functional lipids is increasing at a significant pace in the cosmetics industry. These lipids are widely used in hair care products, lip care products, skin care products, etc. Therefore, the growing demand for cosmetic products directly impacts sales of functional powdered lipids, which is positively influencing market opportunities.

What are the Challenges Encountered by Manufacturers of Functional Powdered Lipids?

“High Cost of Production Hindering Market Expansion”

The production cost of functional powdered lipids is reaching new heights while creating difficulties for new entrants and small and medium enterprises. Food makers, particularly functional food manufacturers, are facing challenging circumstances owing to the sharp rise in prices of raw materials and some other pivotal commodities.

What are the Opportunities Present for New Companies in This Market?

“Investments by Start-ups to Understand Consumer Behavior for Product Development”

New entrants are investing to analyze the behavior of consumers with respect to price adjustments to keep them from switching brands. They are investing in R&D activities to study consumer behavior and act accordingly to get a significant share of the global market revenue over the coming 10 years.

Country-wise Insights

Is the United States Expected to Maintain its Hegemony in North America?

“Rising Cases of Obesity and Diabetes Driving Demand for Nutritious Food Products”

Demand for functional powdered lipids in the United States market is predicted to accelerate at a CAGR of 10.2% and reach US$ 138.62 million by the end of 2033. An increased prevalence of diabetes and obesity among Americans necessitates a nutritious diet.

• According to data provided by the 2022 consumer survey of the Council for Responsible Nutrition, about 75% of Americans use different types of dietary supplements.

Increasing awareness of the benefits of staying fit and healthy among various people is predicted to fuel demand for functional powdered lipids, as they provide the required physical strength.

For instance,

• In March 2023, an American food company Bunge introduced NuliGo, a new molecule with structured medium- and long-chain fatty acids used in producing healthy anti-aging and sports nutrition supplements that support muscle health.

Why is Demand for Functional Powdered Lipids Increasing Substantially in Germany and the United Kingdom?

“Rising Consumer Demand for Healthier Food Products”

Sales of functional powdered lipids in the United Kingdom are projected to advance at a 10.9% CAGR and reach a valuation of US$ 27.47 million by 2033. The German market is forecasted to accelerate at a CAGR of 11.1% and reach US$ 80.55 million by 2033. The growing consumer demand for healthier food products is predicted to boost sales of functional powdered lipids in these countries.

Which Asia Pacific Countries are Regional Powerhouses in This Space?

“India, China, Japan, and South Korea - Prominent Regional Markets”

Expanding infant and women nutrition markets in India, South Korea, Japan, and China are predicted to impact sales of functional powdered lipids over the projected period. In addition, the liberalization of FDI (foreign direct investment) across the food industry along with diet diversification is estimated to create lucrative opportunities for regional market players. Innovative technologies are further fueling demand for fortified food products, which is contributing to market growth.

The Japanese market is projected to progress at a CAGR of 10.8% and reach a value of US$ 43.08 million by 2033.

Category-wise Insights

Which Type of Functional Powdered Lipid is Highly Demanded Globally?

“Increasing Consumer Awareness of Health Benefits of Omega-6 Fatty”

Demand for omega-6 fatty acids is forecasted to accelerate at a 10.3% CAGR and reach a valuation of US$ 221 million by 2033.

There are numerous health advantages related to the consumption of omega-6 fatty acids. The rising consumer awareness about preventive medical goods along with ongoing efforts taken by market participants for strengthening their position is projected to contribute to market expansion over the coming decade.

What Makes Functional Powdered Lipids a Popular Ingredient in Sports Nutrition?

“Rising Popularity of Functional Powdered Lipids among Athletes for Enhanced Performance & Stamina”

Sales of functional powdered lipids for sports nutrition are projected to expand at a CAGR of 10.6% and reach US$ 180.5 million by 2033.

Higher DHA levels are helpful to improve performance and stamina among athletes. In addition, high DHA also entails a shorter recovery period among amateur and professional athletes and thus promotes the use of functional powdered lipids in numerous nutrition products.

Increasing consumer requirements for products containing nutraceutical ingredients supporting muscle, brain, and eye health is also predicted to boost sales of functional powdered lipids.

For instance,

• Willey’s Finest is a producer of omega-3 supplements in Ohio. In February 2023, the company unveiled a product Peak DHA to enhance muscular strength and brain health.

Key Market Players

Strengthening supply chain management systems, maintaining product standards, quality control, etc., are some initiatives taken by key players for the expansion of their product portfolio and to increase their reach across emerging markets.

Innobio Corporation, Kerry Group Plc., ABITEC, Ming Chyi Biotechnology Ltd., Xian Healthful Biotechnology Co., Ltd., and Nutritional Therapeutics Inc. (NTI) are some of the prominent players in the functional powdered lipids market.

Segmentation of Functional Powdered Lipids Industry Research

• By Lipid Type :

  • Omega-3 Fatty Acids
  • Omega-6 Fatty Acids
  • Conjugated Linoleic Acids (CLA)
  • Medium Chain Triglyceride (MCT)

• By Application :

  • Solid Foods
  • Energy & Nutritional Bars
  • Ice Cream
  • Infant Formula Foods
  • Meal Replacement Foods
  • Sports Nutrition
  • Protein Drinks

• By Region :

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa