The Global Lipid Market is projected to reach US$ 21.53 Billion by 2027. Globally, lipids are molecules known as building blocks of the structure and function of living cells. Some examples of lipids include fats, oils, waxes, specific vitamins (such as A, D, E and K), hormones and most significant of the cell membrane that is not made up of protein. Besides, lipids are not soluble in water as they are non-polar but are thus soluble in non-polar solvents such as chloroform. Lipids are mainly composed of hydrocarbons in their most reduced form, making them an excellent energy storage record. When metabolized, the hydrocarbons oxidize to release large amounts of energy.