Omega-3 PUFA Market Will Reach USD 7,583.5 Million by 2023

Omega-3 PUFA Market By Source (Marine And Plant), Type (EPA/DHA And ALA), Application (Dietary Supplement, Baby Food, Food And Beverage, Pharmaceutical, Animal Feed, And Others), And Geography- Global Opportunity Analysis And Industry Forecast (2018 – 2023)

Omega-3 PUFA market has shown strong growth pattern in recent year’s majorly due to growing health consciousness among consumers and awareness about health benefits of omega-3 PUFA, increasing incidences of chronic diseases, and increasing demand for omega-3 in functional foods & pharmaceuticals. In addition, rise of alternative sources such as flaxseeds, olive oil, beans, walnuts, and algae to obtain omega-3 PUFA and emerging markets such as Latin America further provides significant opportunities for the various stakeholders in the global omega-3 PUFA market.

Meticulous Research® in its latest publication on omega-3 PUFA market states that the global omega-3 PUFA market will increase at a CAGR of 14.5% from 2018 to 2023 to reach USD 7,583.5 million by 2023. Wherein, geographically, Asia Pacific commanded the largest share in this market followed by North America. The major share of Asia Pacific is mainly attributed to increased urbanization and industrialization, huge demand for healthy & nutritional products, growing health & wellness trend, rising disposable income, large base of population, abundant availability of raw material, and rising investments from major players in the region.

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The report provides meticulous analysis of global omega-3 PUFA market by segmenting it on the basis of source (marine and plant), type (EPA/DHA and ALA), application (dietary supplement, baby food, food and beverage, pharmaceutical, animal feed, and others). Wherein, among sources, marine sources commanded the largest share in global omega-3 PUFA market. The large share of this market is primarily attributed to their health benefits, wide range of applications in dietary supplements & infant formula, approval from leading organizations for its use in various products, and their easy availability & high production worldwide.

The key players analyzed in the global Omega-3 PUFA Market are Solutex GC (Spain), Aker BioMarine AS (Norway), Croda International PLC (U.K.), Stepan Company (U.S.), Pharma Marine AS (Norway), GC Rieber Oil AS (Norway), Clover Corporation (Australia), BASF SE (Germany), Cellana Inc. (U.S.), Omega Protein Corporation (U.S.), Lonza Group AG (Switzerland), Polaris (France), Koninklijke DSM N.V. (The Netherlands), Cargill, Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Kerry Group (Ireland), and Epax Norway AS (Norway).

Key Topics Covered in This Report:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Share Analysis
5. Market Insights
6. Omega-3 PUFA Market, By Source
7. Omega-3 PUFA Market, By Type
9. Omega-3 PUFA Market, By Application
10. Geographic Analysis
11. Competitive Landscape
12. Company Profiles
13. Appendix.

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About Meticulous Research®
Meticulous Research® is founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

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Phone: +44-203-868-8738

Release ID: 451662