The two types of polyunsaturated fats include omega-3 and omega-6 fatty acids. Omega-3 fatty acids are basically found in foods from plants like soybean oil, walnuts, canola oil, and flaxseed. They are also found in fatty fish and shellfish as eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA). Polyunsaturated fatty acids (PUFAs) are quite important for nerve function, brain health, blood clotting, and muscle strength. They are "essential," which means the body needs them to function but cannot make them, so a person must get PUFAs from their diet.
MARKET DYNAMICS
The polyunsaturated fatty acids market has witnessed significant growth owing to factors such as wider application into food & beverages, pharmaceuticals, animal food & feed, infant formula, and others. An increasing number of chronic diseases mainly leads to increased emphasis on interventions for preventive health. Rising awareness with consumer demand towards healthy eating and health benefits of essential fatty acids are driving the growth of the market significantly. Manufacturers of pharmaceutical drugs mainly use Omega-3 as an ingredient for drugs that are used to treat diseases. Increasing individual health consciousness and a wide range of Omega-3 products are expected to boost the demand in the near future. However, various regulations by FDA and other associations may impact the growth of the polyunsaturated fatty acids market. Nevertheless, with the steady growth in the food processing industry and pharmaceutical industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Polyunsaturated Fatty Acids 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 polyunsaturated fatty acids market with detailed market segmentation by form, application, source, and geography. The global polyunsaturated fatty acids market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polyunsaturated fatty acids market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global polyunsaturated fatty acids market is segmented on the basis of type, form, application, and source. Based on type, the global polyunsaturated fatty acids market is bifurcated into omega-3 fatty acids and omega-6 fatty acids. On the basis of form, the polyunsaturated fatty acids market is segmented into capsules, soft gels, and others. The polyunsaturated fatty acids market on the basis of the application is classified into food & beverages, pharmaceuticals, animal food & feed, infant formula, and others. On the basis of source, global polyunsaturated fatty acids market is bifurcated into fish oil, krill oil, algae oil, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global polyunsaturated fatty acids 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 polyunsaturated fatty acids 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 polyunsaturated fatty acids 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 polyunsaturated fatty acids market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global polyunsaturated fatty acids market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the 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 polyunsaturated fatty acids market are anticipated to lucrative growth opportunities in the future with the rising demand for polyunsaturated fatty acids in the global market. Below mentioned is the list of few companies engaged in the polyunsaturated fatty acids market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the polyunsaturated fatty acids 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.
- Aker BioMarine
- BASF SE
- Cargill Inc.
- Croda International
- Enzymotec
- FMC
- GlaxoSmithKline Plc
- Koninklijke DSM
- Omega Protein
- Polaris Nutritional Lipids
- Cargill Incorporated
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