DUBLIN--(BUSINESS WIRE)--The "Omega-3 PUFA Market By Source (Marine And Plant), Type (EPA/DHA And ALA), Application (Dietary Supplement, Baby Food, Food & Beverage, Pharmaceutical, Animal Feed & Others) & Geography - Global Opportunity Analysis & Industry Forecast (2018-2023)" report has been added to ResearchAndMarkets.com's offering.
Global Omega-3 PUFA Market is expected to reach USD 7,583.5 million by 2023, at a CAGR of 14.5% during the forecast period of 2018 to 2023.
The factors such as growing health consciousness among consumers and awareness about health benefits of omega-3 PUFA, increasing incidence of chronic diseases, and increasing demand for omega-3 in functional foods & pharmaceuticals are driving the growth of this market.
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 growth opportunities for the various stakeholders in the global omega-3 PUFA market.
However, high price of fish oil, absence of recommended daily intake (RDI), and uncertain regulatory environment hinders the growth of this market to some extent.
The study offers a comprehensive analysis of omega-3 PUFA market with respect to various sources, product types, and applications. The global omega-3 PUFA market is segmented on the basis of source (marine and plant), type (EPA/DHA and ALA), and application (dietary supplements, infant formula, food and beverages, pharmaceuticals, animal feed, and others).
Asia-Pacific region dominated the global omega-3 PUFA market in 2017. The large share of this region is mainly attributed to increasing urbanization, increasing demand for healthy & nutritional products, health & wellness trend, rising disposable income, increasing population, abundant availability of raw materials, increasing industrialization, and rising investments from major players in the region.
- Solutex GC
- Aker Bio Marine AS
- Croda International PLC
- Stepan Company
- Pharma Marine AS
- GC Rieber Oil AS
- Clover Corporation
- BASF SE
- Cellana Inc.
- Omega Protein Corporation
- Lonza Group AG
- Koninklijke DSM N.V.
- Cargill, Incorporated
- Archer Daniels Midland Company
- Kerry Group
- Epax Norway AS (Subsidiary of Pelagia AS)
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Insights
5. Global Omega-3 PUFA Market, by Source
6. Global Omega-3 PUFA Market, by Type
7. Global Omega-3 PUFA Market, by Application
8. Omega-3 PUFA Market, by Geography
9. Competitive Landscape
10. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/pz9qzc/global_omega3?w=4