Omega-3 Polyunsaturated Fatty Acids Market Drivers Forecast to 2025
Omega-3 Polyunsaturated Fatty Acids Market Report Includes in-depth analysis of Market Application, Size, Specification, Trends, Major Manufacturers and Business Strategies by Considering Types, Market Segmentation and Analysis.
Omega-3 Polyunsaturated Fatty Acids Market Report Includes in-depth analysis of Market Application, Size, Specification, Trends, Major Manufacturers and Business Strategies by Considering Types, Market Segmentation and Analysis.
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<strong>Omega</strong>-3 <strong>Polyunsaturated</strong> <strong>Fatty</strong> <strong>Acids</strong> <strong>Market</strong> Growth<br />
Rate, Size by Value and <strong>Drivers</strong> <strong>Forecast</strong> <strong>to</strong> <strong>2025</strong><br />
The Global <strong>Omega</strong>-3 <strong>Polyunsaturated</strong> <strong>Fatty</strong> <strong>Acids</strong> <strong>Market</strong> is estimated <strong>to</strong><br />
develop at a substantial CAGR for the duration of the prediction period.<br />
<strong>Omega</strong> 3 Poly Unsaturated <strong>Fatty</strong> <strong>Acids</strong> (PUFAs) is a kind of necessary fats which cannot be produced<br />
by human body and which imposes ingestion through food, as it is major for enhancing metabolic<br />
processes such as cognitive functions and cardiovascular. <strong>Omega</strong> 3 PUFA has come out as potential<br />
nutritional ingredients. Its use in equipped food products, supplements, nutritive drinks, and<br />
pharmaceuticals. <strong>Omega</strong> 3 PUFA ingredients have been acquiring high traction in the beverages &<br />
food industry with the thriving equipped products sections. The consumer consciousness of omega-<br />
3 PUFA health advantage and growing disposable income, particularly in urban regions of the<br />
country, will direct the market expansion over the forecast period.<br />
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<strong>Omega</strong>-3 demand has been increasing and is expected <strong>to</strong> continue growing significantly over the<br />
forecast period. There are many fac<strong>to</strong>rs that are expected <strong>to</strong> influence the omega-3s industry over<br />
the forecast period. Although the prevalence of fish oil in the world market for omega-3 is expected<br />
<strong>to</strong> drive the industry and would carry on <strong>to</strong> do so over the forecast period.<br />
For one, the industry is expected <strong>to</strong> witness a marked shift directed <strong>to</strong>wards products with superior<br />
concentrations, a key trend that is expected <strong>to</strong> observe in the developing global omega-3 PUFA<br />
market. This results from the consumers upgrading from lesser concentrated products <strong>to</strong> more<br />
concentrated products in a purpose <strong>to</strong> get more DHA/EPA per capsule. Products with high<br />
concentrations provide the benefit of attaining the related health-promoting levels of DHA and EPA.<br />
Pharmaceutical drugs, by evasion, have initialized incorporating more concentrations of omega-3<br />
and it is expected over the forecast period, several novel companies would be hopping on <strong>to</strong> the<br />
production of omega-3 drugs. Many other drugs are in Phase III or Phase II clinical trials, with much<br />
more expected <strong>to</strong> come on-stream pretty soon. Moreover, the coming year or two is expected <strong>to</strong><br />
witness an influx of novel companies attacking the worldwide omega-3 market.<br />
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In a worldwide scenario where growing attention is being focussed <strong>to</strong>wards the matter of limited<br />
food supplies and sustainability, algal sources provide huge scope for the quickly expanding omega-<br />
3 PUFA industry <strong>to</strong> carry on in the same vein. The focus on attaining DHA and EPA from algae was<br />
encouraged by an endeavour <strong>to</strong> search for more sustainable sources. However, the omega-3<br />
content in krill and fish originates from their intense consumption of other creatures that nourish on<br />
algae and algae directly. The past decades have seen many research studies that have underlined<br />
the importance of omega-3 PUFA in keeping heart health good, in addition, <strong>to</strong> protecting against<br />
cancer and birth deficiencies and counteract symp<strong>to</strong>ms of arthritis, diabetes, depression, cognitive<br />
decline and many other conditions. <strong>Omega</strong>-3 <strong>Polyunsaturated</strong> <strong>Fatty</strong> <strong>Acids</strong> have been increasing and<br />
continues <strong>to</strong> grow considerably over the forecast period, attributed <strong>to</strong> the aforementioned benefits.<br />
The market has been segmented by type mainly in<strong>to</strong> <strong>Omega</strong> 3 ingredients comprising<br />
Docosahexaenoic Acid (DHA), Eicosapentaenoic Acid (EPA), and Alpha-linolenic Acid (ALA). EPA and<br />
DHA account for a major share in terms of revenue, owing <strong>to</strong> their increasing application in products<br />
that decreases the possibility of cardiovascular diseases. On the basis of various source, the market<br />
can be segregated in<strong>to</strong> sardines/anchovy, salmon, Plant, menhaden, seed, krill, nut, cod, and tuna.
Nut, Plant, and seed are expected <strong>to</strong> capture maximum revenue over the forecast period owing <strong>to</strong><br />
increasing demand of marine extracted omega-3 coupled with increasing inclination <strong>to</strong>wards plant<br />
supported diet. On the basis of application, the market can be segregated in<strong>to</strong> Fat & spreads, Dairy<br />
Products & eggs food supplements, Bakery, confectionary, dietary supplements and non-alcoholic<br />
beverages.<br />
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Dietary supplements section is expected <strong>to</strong> be the biggest consumer of an omega-3 constituent in<br />
term of revenue and volume over the forecast period, chased by food supplement and nonalcoholic<br />
beverage enrichment sec<strong>to</strong>r. Fish oil supplied omega-3 ingredients is expected <strong>to</strong> dictate<br />
the dietary supplement sec<strong>to</strong>r over the forecast period, Algal DHA oils expected <strong>to</strong> lead in food<br />
supplement sec<strong>to</strong>r & non-alcoholic beverage enrichment industry. Other end-use application<br />
markets for omega-3 PUFA constituents comprise pet nutrition with a noteworthy consumption and<br />
infant nutrition with the slightest utilization in terms of volume. Clinical and Pharma nutritional<br />
functions are yet <strong>to</strong> be industrialized across the world omega-3 PUFA market.<br />
Some of the key players in the market are Royal DSM, FMC Corporation, BASF SE, Croda<br />
International PLC, Aker BioMarine ASA, Cargill, and Incorporated. The key players in the market are<br />
going through series of mergers & acquisition <strong>to</strong> get a better grip over the market. The market is<br />
less fragmented and lack of standardization is there. The novel uses of <strong>Omega</strong>-3 PUFA in the curing<br />
of Rheuma<strong>to</strong>id Arthritis are fuelling the innovation in this market. According <strong>to</strong> certain research, it<br />
has been found that omega-3 PUFA are great in curing Rheuma<strong>to</strong>id Arthritis. The active companies<br />
in this market spend the great amount on research & development which helps in giving them the<br />
competitive edge.<br />
<strong>Market</strong> Segment:<br />
Geographically, this report is segmented in<strong>to</strong> several key Regions, with production, consumption,<br />
revenue (million USD), market share and growth rate of <strong>Omega</strong>-3 <strong>Polyunsaturated</strong> <strong>Fatty</strong> <strong>Acids</strong> in<br />
these regions, from 2013 <strong>to</strong> <strong>2025</strong> (forecast), covering<br />
• North America<br />
• Europe<br />
• China
• Japan<br />
• Southeast Asia<br />
• India<br />
Global <strong>Omega</strong>-3 <strong>Polyunsaturated</strong> <strong>Fatty</strong> <strong>Acids</strong> market competition by <strong>to</strong>p manufacturers, with<br />
production, price, revenue (value) and market share for each manufacturer; the <strong>to</strong>p players<br />
including<br />
• DSM<br />
• BASF<br />
• Croda International<br />
• LYSI<br />
• Lonza Group<br />
• GC Rieber Oils<br />
• Enzymotec<br />
• Epax AS<br />
• Smit Functional Oils<br />
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https://www.millioninsights.com/industry-reports/omega-3-polyunsaturated-fatty-acids-pufas-market<br />
On the basis of product, this report displays the production, revenue, price, market share and<br />
growth rate of each type, primarily split in<strong>to</strong><br />
• Alpha-Linolenic Acid (ALA)<br />
• Docosahexaenoic Acid (DHA)<br />
• Eicosapentaenoic Acid (EPA)<br />
On the basis of the end users/applications, this report focuses on the status and outlook for major<br />
applications/end users, consumption (sales), market share and growth rate for each application,<br />
including<br />
• Food and Beverages<br />
• Pharmaceuticals<br />
• Animal Food and Feed
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