The global omega-3 polyunsaturated fatty acids Market is anticipated to grow at a CAGR of 10.3% during the forecast period. The market is mainly due to the significant consumption of omega-3 in dietary supplements and pharmaceutical industries from across the globe. Omega-3 fatty acids cannot be synthesized by the human body and it is an essential element to enhance metabolic activities such as cognitive and cardiovascular functions. As a result, the adoption of omega-3 is rising through raising awareness and easy availability of omega-3 fatty acids in the market. The global rise in lifestyle-oriented diseases such as CVD, CHD, Rheumatic Arthritis, Parkinson’s disease, and another lingering disease are boosting the global omega-3 polyunsaturated fatty acids market.
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Moreover, pharmaceutical drug manufacturers are using omega-3 as an ingredient in drugs that are used to treat various lifestyle-oriented diseases. The rise in health consciousness among individuals and a wide variety of omega-3 products are expected to drive the market in the near future. Along with that, the Global omega-3 polyunsaturated fatty acid market is affected by the high cost due to low production of fish oil and huge expenditure in R&D. However, rising alternatives of omega-3 through marine and plant sources are expected to overcome the high cost.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Omega-3 Polyunsaturated Fatty Acid Market Report Segment
By Type
- Docosahexaenoic Acid
- Eicosapentaenoic Acid
- Alpha-Linolenic Acid
By Source
- Marine Source
- Plant Source
By Application
- Dietary Supplements
- Functional Food & beverages
- Pharmaceutical
- Others (Infant Formula, pet food)
Global Omega-3 Polyunsaturated Fatty Acid Market Report Segment by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Omega-3 Polyunsaturated Fatty Acids
- market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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