South Korea Lipid Market Size, Share, and COVID-19 Impact Analysis, By Product (Triglycerides and Phospholipids), By Application (Pharmaceutical and Food & Beverage), and South Korea Lipid Market Insights, Industry Trend, Forecasts to 2035.

South Korea Lipid Market Insights Forecasts to 2035

• The South Korea Lipid Market Size Was Estimated at USD 86.4 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 7.34% from 2025 to 2035
• The South Korea Lipid Market Size is Expected to Reach USD 188.3 Million by 2035

According to a research report published by Spherical Insights & Consulting, The South Korea Lipid Market Size is Anticipated to reach USD 188.3 Million By 2035, Growing at a CAGR of 7.34% from 2025 to 2035. High energy and fat-soluble vitamin contents, and lipids are regarded as necessary components in the creation of dietary supplements. Furthermore, dietary supplements are now more socially acceptable to people of all ages due to their availability in a wide range of flavors and forms.

Market Overview

The production, distribution, and sale of lipids and organic substances that are often insoluble in water, such as fats, oils, and waxes are all included in the lipid market. Pharmaceuticals, food, cosmetics, personal care, and research and development are just a few of the businesses that use these chemicals. Food items can be made more sustainable by using lipids as preservatives. A growing number of functional and healthful beverages contain lipids, which enhance their taste and nutritional content. Lipids improve the mouthfeel, flavor, and texture of a variety of food items. Lipids are utilized in many drug delivery techniques, such as lipid nanoparticles, and are crucial ingredients in therapeutic formulations. Opportunities for pharmaceutical lipid suppliers are being created by the growing demand for lipid disease therapies brought on by the growing number of people with lipid disorders. Governments are contributing funds for LNP research and development, including financing for new manufacturing facilities and university-industry partnerships. The lipid industry is expanding as a result of investments in biotechnology and healthcare infrastructure, including specialized manufacturing facilities.

Report Coverage

This research report categorizes the market for the South Korea lipid market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea lipid market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each South Korea lipid market sub-segment.

Driving Factors

Foods and supplements enhanced with good fats, such as omega-3 fatty acids, are becoming more and more popular. One major motivator is the quest for dietary supplements and functional meals with extra health advantages. The need for lipid-based therapies and supplements is being driven by the rising incidence of chronic illnesses like cancer, diabetes, and heart disease. One important issue is the increasing use of lipids in drug delivery systems, especially in the pharmaceutical sector. The need for lipid-based formulations is increasing due to the growing interest in customized medicine, which calls for more specialized drug delivery methods. The usage of lipids in cosmetics and personal care products is being driven by growing knowledge of functional components.

Restraining Factors              

The South Korea lipid market is constrained by factors like strict regulatory approvals, volatile raw material prices, narrow consumer awareness, and health issues due to excess consumption of lipids, restricting market growth.

Market Segmentation

The South Korea lipid market share is classified into product and application.

• The triglycerides segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea lipid market is segmented by product into triglycerides and phospholipids.  Among these, the triglycerides segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The large proportion can be attributed to the growing demand from end-use sectors, including dietary supplements and functional beverages, for triglyceride derivatives, specifically medium-chain and long-chain triglycerides. Triglycerides and lipids are widely used in a wide range of functional foods and beverages because they are a key source of energy. Throughout the projection period, the phospholipids segment is anticipated to experience significant expansion.

• The food & beverage segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea lipid market is segmented by application into pharmaceutical and food & beverage. Among these, the food & beverages segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Lipids are a great source of vitamins and energy, they are primarily used in the preparation of functional meals and beverages. The demand for foods and beverages with nutritional components has increased because of the absurd COVID-19 scenario and growing health risks. Over the forecast years, the food and beverage industry's demand for the product is expected to increase due to the excessive demand for nutrient-dense foods and healthy beverages.

 Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea lipid market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Hanwha Solutions
• LG Chem
• Lotte Chemical
• Kumho Petrochemical
• CJ CheilJedang
• Pulmuone
• Binggrae
• SK Biopharmaceuticals
• Daewoong Pharmaceutical
• Celltrion
• Hanmi Pharmaceutical
• Samsung Biologics
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea lipid market based on the below-mentioned segments

South Korea Lipid Market, By Product

• Triglycerides
• Phospholipids

South Korea Lipid Market, By Application

• Pharmaceuticals
• Food & Beverages