Global Omega-3 PUFA Market 2018-2023: A +$7.5 Billion Opportunity - Driven by the Evergrowing Health Consciousness Among Consumers - ResearchAndMarkets.com

DUBLIN--()--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.

Companies Profiled

  • 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
  • Polaris
  • Koninklijke DSM N.V.
  • Cargill, Incorporated
  • Archer Daniels Midland Company
  • Kerry Group
  • Epax Norway AS (Subsidiary of Pelagia AS)

Key Topics Covered

1. Introduction

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

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
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Related Topics: Food and Beverage, Baby Food, Animal Feedstuffs, Nutraceuticals and Weight Loss , Animal Pharmaceuticals

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Food and Beverage, Baby Food, Animal Feedstuffs, Nutraceuticals and Weight Loss , Animal Pharmaceuticals