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The functions of lipids are:

  • energy storage, mobilization, and utilization
  • protection of organs
  • insulation
  • Buoyancy
  • storage of vitamins-ADEK
  • hormone production: Many hormones we have are lipid-based
  • Cell membranes are composed of phospholipid bilayers which are essential for controlling what comes in and out of the cell.
  • They are parts of biological membranes
  • waterproofing coverings
  • A tiny amount is used to "coat" (it's inside special cells) some nerve cells to increase their propagation speed

Lipids are a broad group of naturally-occurring molecules which includes fats, waxes, sterols, fat-soluble vitamins (such as vitamins A, D, E and K), monoglycerides, diglycerides, phospholipids, and others.

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