The report studies the factors influencing the growth of the industry in the global Omega 3 PUFA Market and offers accurate predictions about the growth pattern. The report pays special attention to the key elements of the Omega 3 PUFA Market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies.
According to the latest analysis by Emergen Research, the projected growth figures are attributed to increasing awareness about the array of health benefits provided by omega-3, a shift in preference from curative healthcare to preventive healthcare, and favorable government regulations. Clinical studies have shown the preventive and therapeutic effects of omega-3 PUFAs on various illnesses such as coronary heart disease, rheumatoid arthritis, cancer, neurodegenerative, neuropsychiatric, and inflammatory diseases. There is an increasing demand for omega-3 in functional food beverages, dietary supplements, infant formula, animal feed pet food. The commercial production processes, in turn, is expected to drive market’s growth during the forecast period.
The dietary supplements accounted for largest revenue share in 2020, followed by infant formula, and functional food beverages. Omega-3 PUFA is extensively used in dietary supplements because of its wide-ranging importance and benefits. Consumption of these supplements is expected to increase during the forecast period, which in turn, is expected to boost the application of omega-3 PUFA in dietary supplements.
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Geographical Segmentation:
The latest research report entails an in-depth analysis of the current growth opportunities for various regions of the Omega 3 PUFA market, gauging their revenue share over the forecast timeline. Furthermore, the report analysis the year-on-year growth rate of these regions over the forecast duration. The leading market regions profiled in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
Market Overview:
The research report on the Omega 3 PUFA market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Omega 3 PUFA business sphere.
Key Objectives of the Report:
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Omega 3 PUFA market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Major companies in the omega-3 PUFA market are Cargill Inc., BASF SE, Croda International Plc, Golden Omega S.A., Omega Protein Corporation, GC Rieber Oil, Royal DSM, Solutex GC, Pharma Marine AS, and Arista Industries, Inc.
Emergen Research has segmented omega-3 PUFA market based on type, source, application, and region:
- Type Outlook (Revenue, USD Billion; 2021–2028)
- Docosahexaenoic Acid (DHA)
- Eicosapentaenoic Acid (EPA)
- Alpha-linolenic Acid (ALA)
- Source Outlook (Revenue, USD Billion; 2021-2028)
- Marine Source
- Plant Source
- Application Outlook (Revenue, USD Billion; 2021-2028)
- Functional Food Beverages
- Dietary Supplements
- Infant Formula
- Pharmaceuticals
- Animal Feed Pet Food
The report addresses the following key points:
- The report provides a forecast of market drivers, restraints, and future opportunities for the Omega 3 PUFA market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the Omega 3 PUFA market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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