Omega3 fatty acids are polyunsaturated fatty acids that are widely distributed in nature and form an important element in the constituents of animal lipid metabolism, human diet and physiology. There are three classes of polyunsaturated fatty acids which includes omega-3, omega-6 and omega-9 fatty acids. Alpha-Linolenic Acid (ALA) is present in plant oils, such as flaxseed, soybean and canola oils. Likewise, Docosahexaenoic Acid (DHA) and Eicosapentaenoic Acid (EPA) are mostly found in fish, but microalgae synthesized these components and not the fish. Omega-3s is an essential component that helps in the formation of the structure of cell membranes. It plays a significant role in anti-inflammatory processes in the cell membrane and also help in improving immunity in response to any infection to the human body.
MARKET DYNAMICS
The market for omega-3 PUFA is growing steadily owing to consumer awareness about health benefits to omega-3, increasing focus on preventive healthcare and huge demand for omega-3 in functional foods & pharmaceuticals. Moreover, factors such as the introduction of innovative production technologies coupled with growing demand in emerging economies are the key factors that propel the growth of the omega-3 PUFA market. In addition, the rising prevalence of chronic diseases effects positively on the growth of the market as omega-3 PUFA is used for the treatment of chronic diseases. However, the high cost involved in research & development activities and lack of research are the factors restricting the growth of the market.
MARKET SCOPE
The "Global Omega-3 PUFA Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the omega-3 PUFA market with detailed market segmentation by products, application and geography. The global omega-3 PUFA market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading omega-3 PUFA market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global omega-3 PUFA market is segmented on the basis of type, source, application. Based on type the global omega-3 PUFA market is divided into, Docosahexaenoic Acid (DHA), Eicosapentaenoic Acid (EPA) and Alpha-Linolenic Acid (ALA). Based on source, the global omega-3 PUFA market is bifurcated into marine and plants. The marine segment is further divided into, fish oil, algal oil, krill oil and others. The plant's segment includes flaxseed oil, chia seed oil and others. On the basis of application, the global omega-3 PUFA market is segmented dietary supplements, functional foods & beverages, pharmaceuticals, infant formula and others.
(image)
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global omega-3 PUFA market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The omega-3 PUFA market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the omega-3 PUFA market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the omega-3 PUFA market in these regions.
(image)
MARKET PLAYERSThe reports cover key developments in the omega-3 PUFA market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from omega-3 PUFA market are anticipated to lucrative growth opportunities in the future with the rising demand for omega-3 PUFA in the global market. Below mentioned is the list of few companies engaged in the omega-3 PUFA market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the omega-3 PUFA market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.
-Cargill, Incorporated
-Croda International Plc
-Epax
-GC Rieber
-Koninklijke DSM N.V.
-Luhua Biomarine (Shandong) Co., Ltd.
-OLVEA Fish Oils
-Omega Protein Corporation
-Pharma Marine AS
-Polaris
(image)