Lipid Nanoparticles Market is segmented By Type (Solid Lipid Nanoparticles (SLNs), Nanostructured Lipid Carriers (NLCs) Others), By Application (Drug ....
Market Size in USD Bn
CAGR13.73%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 13.73% |
Market Concentration | High |
Major Players | Merck KGaA, Evonik Industries AG, IOI Oleo GmbH, Precision NanoSystems, Touchlight Genetics Ltd. and Among Others |
The lipid nanoparticles market is estimated to be valued at USD 1.02 Bn in 2024 and is expected to reach USD 2.51 Bn by 2031. It is projected to grow at a compound annual growth rate (CAGR) of 13.73% from 2024 to 2031. Widespread application of lipid nanoparticles in drug delivery systems and their ability to enhance bioavailability of pharmaceutical drugs is expected to drive the lipid nanoparticles market.