Global Lipid Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034)

Global Lipid Market Growth

The global demand for medicines is expected to grow at a rate of around 3% and reach a size of nearly USD 1.9 trillion by 2027. Over the past decade, medicine use has surged by 36% and is expected to rise further by 8% by 2027. Due to increasing population growth and rising medicine access, the Asia Pacific, Latin America, and the African region are expected to witness a surge in demand for medicines, thereby driving lipid market development.

As per the market analysis, speciality medicines are expected to constitute a 43% share in global pharmaceutical spending, while accounting for 56% of all medicine expenditure in developed countries. By 2027, the overall global spending on making of cancer drugs can rise to USD 370 million due to growing technological advancements in drug discovery and the use of AI tools. Moreover, expenditure on biotechnology is expected to constitute a 35% share in manufacturing medicines. This is expected to favourably shape the lipid market outlook over the forecast period.

Moreover, lipid-based skincare products are garnering increasing consumer appeal since they promote cell regeneration and repair damaged skin. They also protect the skin from allergens and irritants and minimise the risk of sensitivity and inflammation. Lipids are also extensively used in anti-ageing skincare creams, which is expected to drive market revenue.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Key Trends and Developments

Global Lipid Market Trends

Due to the increasing awareness of maintaining good health among consumers, the sale of functional food products is expected to rise steadily. For instance, in 2021, the total sales of functional foods and beverages recorded a year-on-year surge of 6.8% in the United States and reached USD 83 billion. This has also fuelled lipid market growth. As per the Food Industry Association of the United States, 75% of the millennial and Gen Z population prefers buying food with specific functional benefits. This is expected to increase the incorporation of healthy lipids into food products, thereby driving market development.

Global Lipid Industry Segmentation

Global Lipid Market Share

Based on region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. Over the forecast period, the Asia Pacific is expected to grow at a CAGR of 7.3% because of rapid population growth and the increasing demand for functional foods. The shift towards sustainable beauty products is also expected to increase the demand for lipid-based products, thereby driving market growth. Europe is also growing at a significant CAGR of 5.7%.

Leading Companies in the Lipid Market

Other players included in the lipid market report are Evonik Industries AG, Merck KGaA, Epax, Kerry Group plc, Cargill, Incorporated, and Croda International Plc, among others.