Glyoxysomes are specialized peroxisomes found in plant seeds that play key roles in lipid breakdown and gluconeogenesis. They contain the enzymes for beta-oxidation of fatty acids into acetyl-CoA, the glyoxylic acid cycle which converts acetyl-CoA into succinate, and gluconeogenesis which generates glucose from non-carbohydrate carbon sources. Lipids are broken down into fatty acids and glycerol by lipases, then enter the glyoxysome where the fatty acids undergo beta-oxidation in four steps to produce acetyl-CoA.