Market Trends of Asia-Pacific Lipids Industry
This section covers the major market trends shaping the APAC Lipids Market according to our research experts:
Rising Demand for Omega 3 & Omega 6 in Dietary Supplements
Most dietary supplements have a medium concentration of omega-3 capsules. The medium concentration of omega-3 capsules is the most selling consumer product, globally. In medium concentrations, products are in combination with EPA, and DHA. However, some products contain ratios of EPA, DHA, and ALA. Companies, such as, Nordic Natural, have a product algae omega with the total omega fatty acid concentration of 55%, which falls under the medium range of concentration, which in turn boosting the dietary supplements market in the region.
India Holds a Promineant Share in the market Studied
India is the largest producer of processed food in the Asia-Pacific region and the consumption of these processed foods has also increased, due to the growing economy and urbanization. The food lipid market is dominated by small-scale industries such as, confectionery, snack & sweet, beverage, and some multinational industries. The pharmaceutical industry is utilizing lipids topical agent, emollient, soothing agent, and demulcent, which is driving the overall lipid market in the region.