Press Release

Omega-3 Fatty Acids Market Size Is Bound To Make An Impact In Your Business !

The increasing demand for Omega-3 in pharmaceuticals and functional foods sector is creating lucrative growth opportunities for the global Omega-3 Fatty Acids Market Size, predicts Fortune Business Insights in their new study. The study is titled,” Omega-3 Fatty Acids Market Size, Share and Global Trend by Type (Eicosapentanoic acid (EPA), Docosahexanoic acid (DHA), Alpha-Linolenic Acid (ALA)), Source (Marine Sources, Plant Sources), Application (Dietary Supplements, Functional Foods & Beverages, Pharmaceuticals) and Geography Forecast till 2026.”

List of prominent companies that are operating in the global Omega-3 Fatty Acids Market Size are:

  • Croda Health Care
  • Aristra Industries Inc.
  • Qualitas Health
  • Arjuna Natural Extracts
  • Merck KGaA
  • AdvoCare Pharma
  • Evonik Industries
  • Terravia (Solazyme)
  • Seneca
  • NOVASEP
  • Royal DSM and Cargill Incorporated.

According to this study, the growing health concerns and subsequently changing consumption habits in favor of healthy diet are increasing the demand for specialty nutrient products such as omega-3 fatty acid and others.

Increasing Application in Infant Formulas and Dietary Supplements to Propel Demand

The increasing utilization of omega-3 fatty acids in a variety of food products is among the major factors boosting the global omega-3 fatty acids market. Omega -3 fatty acids finds applications in various products including pharmaceuticals, infant formulas, and other functional food and beverage products besides stand alone omega-3 based dietary supplements.

Furthermore, omega-3 is good for the skin and hair. The rising awareness among consumers about the health benefits of omega-3, is boosting the global market. The rise in focus on preventive healthcare is a major driver for the market for omega-3 fatty acids. This is attributable to the increasing number of chronic disease cases worldwide.

The global omega-3 fatty acids market is expected to witness increasing demand in response to the rising incidence of lifestyle disorder. This has impelled manufacturers to develop specialty nutrition products. In addition to this, the fact that the human body cannot be synthesized to produce omega-3 fatty acids and thus require obtaining them externally is also helping the market grow at promising rates during the forecast period.

However, the market may be face restraint from certain factors such as the high cost of research and development activities of omega-3 fatty acids, sustainability issues faced by fisheries leading to low production of fish oil. In addition to that, the growing competition of raw materials collection and lower catch quotas set by governments may also hinder the growth of the global omega-3 fatty acids market during the forecast duration.

Request A Sample Copy –  Omega-3 Fatty Acids Market Report

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/omega-3-fatty-acids-market-100248

Nevertheless, opportunities such as the rising demand in developing nations and the presence of alternative sources of Omega-3 fatty acids such as plant-oil with high omega-3 content, algae oils, and stearidonic acid, are anticipated to provide lucrative growth opportunities for the market in future.

Segmentation

By Type

  • Eicosapentanoic acid (EPA)
  • Docosahexanoic acid (DHA)
  • Alpha-Linolenic Acid (ALA)

By Source

  • Marine Sources
  • Plant Sources

By Application

  • Dietary Supplements
  • Functional Foods & Beverages
  • Pharmaceuticals
  • Other Application

By Geography

Asia Pacific to Witness Fastest Growth due to Increasing Demand from Infant Formulae Sector

Fortune Business Insights foresees the global omega-3 fatty acids market to be dominated by Europe and North America. This is because of the robust demand for supplements that caters to cardiovascular health. The percentage of mortality due to cardiovascular diseases in Europe as of 2017 statistics at the European Heart Network (EHN) is 45% and that of death in the North America is 37%. Thus, for the maintenance of cardiovascular health in these regions, supplements containing alpha-linolenic acid (ALA), eicosapentaenoic acid (EPA), and docosahexaenoic acid (DHA) are high on demand. Thus, these regions are further expected to continue dominating the market during the forecast duration.

On the other hand, Asia Pacific is expected to witness the fastest growth rates on account of the increasing demand for omega-3 fatty acids from infant formulae sector. This demand is especially high in the developing nations of China and India. Besides this, the robust sales performance of dietary supplements in developing markets of Asia Pacific will help the growth of the market in future.

Have Any Query? Ask Our Research Experts

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/omega-3-fatty-acids-market-100248

Have a Look at Related Reports:

Processed Dairy Products Market Size, Share and Global Analysis Forecast till 2026 | Fortune Business Insights™

Bone and Joint Health Ingredients Market Size 2020 to 2026 | This Study Will Perfect your Business, Read Or Miss Out!

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

About the author

Thomas Fultz

Thomas handles the column depicting food products. He has worked as a product manager before and knows his words very well. His writing flows like water with the ease of reading; his way of writing is effortless and straightforward. In his free times, he loves to talk a walk in the lawn to refresh his mind. He has recently completed 5 years in our organization.

Add Comment

Click here to post a comment