Lipid Nanoparticles Market Detail Analysis of Current and Future Projection 2023 to 2033

Posted by Ganesh Shinde on February 2nd, 2023

The global Lipid Nanoparticles Market sizeis expected to be valued at US$ 887.2 Million in 2023. With the increasing health concern among people for dietary supplements, in the light of Covid-19, coupled with the growing dietary supplement consumption, the overall demand for Lipid Nanoparticles is projected to grow at a CAGR of 13.6% between 2023 and 2033, totaling around US$ 3,175.5 Million by 2033.

Rapid increase in population in regions like Asia Pacific, Europe, and North America is one of the major factors that is anticipated to contribute to the demand products such as pharmaceutical & healthcare, dietary supplements, functional food, functional beverages, cosmetic & personal care, and more. High content of omega 3 and omega 6 in lipids is the primary factor driving the significant use of it in food & beverage products.

Additionally, the rising global prices of fatty acids and other raw materials act as a barrier to the market growth globally. These price fluctuations are a repercussion of the impact of the COVID-19 and the ongoing European geopolitical conflict. In North America, the price of fatty acids fluctuated in the first quarter of 2022 on the account of decline in demand for fatty acids from personal care, cosmetic, and food industry. Furthermore, American fatty acids manufacturers had to face supply shortages from Asian countries.

However, the market players are focusing on R&D and are coming with new advancements in the Lipid Nanoparticles technology, which in turn is projected to create lucrative opportunities for the market in the near future.

Competitive Landscape

Prominent players in the Lipid Nanoparticles market are Merck KGaA, Evonik Industries AG, Gattefossé, Precision NanoSystems, IOI Oleo GmbH, Genevant Sciences, Exelead, Avanti Polar Lipids, Nippon Fine Chemicals Co. Ltd., Lipoid GmbH, Cargill, Incorporated, BASF SE, Archer Daniels Midland Company, Koninklijke DSM N.V., Kerry Group plc., Nordic Naturals, Inc., Clover Corporation, Croda International plc., Lipoid Kosmetik AG, and Omega Protein Corporation, among others.

Get More Insights@ https://www.futuremarketinsights.com/reports/lipid-nanoparticles-market

Key Segments Covered in the Lipid Nanoparticles Industry Analysis

Lipid Nanoparticles Market by Type:

  • Solid Lipid Nanoparticles (SLNs)
  • Nanostructured Lipid Carriers (NLCs)
  • Others

Lipid Nanoparticles Market by Application:

  • Therapeutics
  • Research

Lipid Nanoparticles Market by End-User:

  • Pharmaceutical & Biotechnology Companies
  • Academic & Research Institutes

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Ganesh Shinde

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Ganesh Shinde
Joined: October 27th, 2022
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