The global lipid-based nutrient supplements (LNS) market to account USD 2.8 billion by 2029 growing at a CAGR of 6.7% in the forecast period of 2022-2029.
The term 'lipid-based nutrient supplements' (LNS) refers generally to a variety of fortified, lipid-based products, including products like Ready-to-Use Therapeutic Foods (RUTF) (a large daily ration with comparatively low micronutrient concentration) as well as highly intense supplements.
The rising cases of anemia is the major factor accelerating the growth of the market. Furthermore, rising cases of malnutrition in infants and children, rising awareness about liquid supplements and long shelf life are also expected to drive the growth of the lipid-based nutrient supplements (LNS) market.
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Lipid-Based Nutrient Supplements (LNS) Market Scope and Market Size
- Based on application, the lipid-based nutrient supplements (LNS) market is segmented into anaemia and malnutrition.
- Based on product type, the lipid-based nutrient supplements (LNS) market is segmented into dietary supplements, nutritional supplements, others.
- Lipid-based nutrient supplements (LNS) market is also segmented on the basis of end-user into infants and children.
- Based on component, the lipid-based nutrient supplements (LNS) market is segmented into vitamin, mineral, protein.
Lipid-Based Nutrient Supplements (LNS) Market Country Level Analysis
The countries covered in the lipid-based nutrient supplements (LNS) market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific dominate the lipid-based nutrient supplements (LNS) market and will continue to flourish its trend of dominance during the forecast period due to rising population and increasing cases of malnutrition in this region. North America region is expected to score the highest CAGR due to the rising healthcare expenditure and investments in healthcare industry.
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Competitive Landscape and Lipid-Based Nutrient Supplements (LNS) Market Share Analysis
The major players operating in the lipid-based nutrient supplements (LNS) market report are:
Herbalife International of America, Inc., Bayer AG, Pfizer Inc., Merck KGaA, Glanbia plc, ADM, DSM, BASF SE, Amway India Enterprises Pvt. Ltd., GlaxoSmithKline plc., DuPont, Abbott, Chemi Nutra LLC, Novartis AG, Nestle, A1Supplements, OZiva, The Vitamin Shoppe, NOW Foods and ProHealth, Inc. among other.
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