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Omega-3 Fatty Acids Market Dynamic Business Environment during 2020 - 2026
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Global Omega-3 Fatty Acids Market By Type (DHA, EPA, ALA), Source (Marine, Plant), Manufacturing Process (Concentration Process, Fish Oil Processing, Decontamination, Others), Application (Dietary Supplements, Functional Food & Beverages, Pharmaceuticals, Infant Formula, Clinical Nutrition, Pet Foods & Supplements, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) - Industry Trends and Forecast to 2026
Complete report on Global Omega-3 Fatty Acids Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Omega-3 Fatty Acids Market
Omega-3 fatty acids are a type of polyunsaturated fatty acids that are defined as having the presence of carbon double bond in their chemical structure. These acids are commonly available in different kinds of plants and marine animals. Due to the lack of formulation of these acids by the human body and their essential nature in various bodily functions, it is extracted from different sources and processed for the consumption of humans.
Key Questions Answered in Global Omega-3 Fatty Acids Market Report:-
Our Report offers:-
o What will the market growth rate, Overview and Analysis by Type of Global Omega-3 Fatty Acids Market in 2026?
o What are the key factors driving, Analysis by Applications and Countries Global Omega-3 Fatty Acids Market?
o What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Omega-3 Fatty Acids Market?
o Who are Opportunities, Risk and Driving Force of Global Omega-3 Fatty Acids Market?
o Who are the opportunities and threats faced by the vendors in Global Omega-3 Fatty Acids Market? Business Overview by Type, Applications, Gross Margin and Market Share
o What are the Global Omega-3 Fatty Acids Market opportunities, market risk and market overview of the Market?
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Top Key Players:
Cargill, Incorporated; Epax; Croda International Plc; DSM; Evonik Industries AG; Omega Protein Corporation; ARISTA INDUSTRIES; Polaris; Pharma Marine AS; GC Rieber; Merck KGaA; Novasep Inc.; Corbion; Qualitas-Health; Arjuna Natural Extracts Ltd.; Nordic Naturals, Inc.; Wiley's Finest; Organic Technologies; Cellana Inc.; Bioriginal Food & Science Corp; Neptune Wellness Solutions; KD Nutra among others.
Market Drivers:
o Increasing focus of individuals regarding the prevention of diseases rather than their cure; this factor is expected to boost the growth of the market
o High levels of awareness amongst the consumers regarding the nutritional benefits associated with the product also augments the market growth
o Growing levels of applications of the product from a number of markets/industries is expected to drive the growth of the market
o High levels of incidences of chronic disorders resulting in an increase in applications for functional foods & pharmaceuticals also drives the market growth
Market Restraints:
o Concerns regarding the lack of sustainable nature of marine fisheries to provide a consistent supply of fish oil; this factor is expected to restrict the growth of the market
o Large levels of financial costs associated with the research & development activities of these products hinders the market growth
o Vulnerable nature of raw material, along with lower catch of fishes giving rise to the prices of fish oil also restricts the growth of this market
Key Developments in the Market:
o In July 2019, DSM and Evonik Industries AG announced the inauguration of their joint venture, "Verarmaris" commercial-scale production facility situated in Blair, Nebraska, United States. The production site will provide commercial-production of omega-3 fatty acids that are rich providers of EPA and DHA extracted from marine algae for sustainable salmon farming
o In October 2018, Cargill, Incorporated announced the availability of "Latitude" fish-oil alternative produced from plants providing long chain Omega-3 fatty acids for aquafeed applications. The product is managed completely by Cargill, Incorporated with complete traceability transparency available for the product making it the first of its kind in the industry
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Market Segmentations:
Global Omega-3 Fatty Acids Market is segmented on the basis of
o Type
o Source
o Manufacturing Process
o Application
o Geography
Market Segmentations in Details:
By Type
o Docosahexaenoic Acid (DHA)
o Eicosapentaenoic Acid (EPA)
o Alpha-Linolenic Acid (ALA)
By Source
o Marine
o Fish Oil
o Algal Oil
o Krill Oil
o Others
o Plant
o Canola Oil
o Flaxseed Oil
o Chia Seed Oil
o Soyabean Oil
o Others
By Manufacturing Process
o Concentration Process
o Fish Oil Processing
o Decontamination
o Others
By Application
o Dietary Supplements
o Functional Food & Beverages
o Pharmaceuticals
o Infant Formula
o Clinical Nutrition
o Pet Foods & Supplements
o Others
By Geography
North America
o U.S.
o Canada,
o Mexico
Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe
Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific
South America
o Brazil
o Rest of South America
Middle East & Africa
o South Africa
o Saudi Arabia
o UAE
o Rest of MEA
Competitive Analysis: Global Omega-3 Fatty Acids Market
Global omega-3 fatty acids market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of omega-3 fatty acids market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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