EPA and DHA Omega-3 PUFA Market Size Estimated to Reach $4.47 Billion by 2025

EPA and DHA Omega-3 PUFA Market size is estimated to reach $4.47bn by 2025 and is poised to grow at a CAGR of 8.78% during the forecast period 2020-2025. EPA and DHA Omega-3 PUFA plays a crucial role in anti-inflammatory processes in the cell membrane, thereby improving immunity in response to an infection in the human body. It also has a vital role in the prevention and treatment of cardiovascular diseases. Marine oils are the richest source of EPA and DHA omega-3 PUFA. Since a large number of consumers are working towards eating healthy and changing lifestyles for the better, it is poised to provoke huge demand for EPA and DHA omega-3 PUFA market. The demand for EPA and DHA omega-3 PUFA is estimated to increase in the forecast period 2020-2025 owing to the increased awareness of its health benefits.

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EPA and DHA Omega-3 PUFA Market Segment Analysis - By Source

The global EPA and DHA Omega-3 PUFA market based on Mode of Source, can be further segmented into Marine oils, Cod liver oil, other fish oil, other marine oil, Algal oil, and Flaxseed oil. Marine oils registers for the highest revenue in 2019 and is estimated to grow at fastest CAGR of 9.1% during the forecast period 2020-2025. The major marine source for the EPA and DHA omega-3 PUFA acids is fish oil and hence marine oil is driving the market during the forecast period 2020-2025.

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EPA and DHA Omega-3 PUFA Market Segment Analysis - By Application

The global EPA and DHA Omega-3 PUFA market based on Mode of Operation, can be further segmented into Dietary Supplements, Functional Foods and beverages, Pharmaceuticals, Animal Feed, and others. The Dietary Supplements segment registers for highest revenue in 2019 and projected to grow at the highest CAGR during the forecast period 2020-2025 owing to improving awareness about the benefits of consuming these among consumers and their wide availability.

EPA and DHA Omega-3 PUFA Market Segment Analysis - By Geography

The global EPA and DHA Omega-3 PUFA market based on Geography can be further segmented into North America, Asia-Pacific, Europe, and Rest of World. Asia Pacific registers for the highest revenue in 2019 with a share of 32.7% and is set to grow at fastest CAGR during the forecast period 2020-2025. This is owing to its increasing demand from consumers on account of changing lifestyles. The advancements in food technology and the high demand for fortified food products are the factors driving the market growth in the region.

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EPA and DHA Omega-3 PUFA Market Drivers

Rise in Demand of EPA and DHA Omega-3

The global EPA and DHA Omega-3 PUFA market is growing with a continuous increase in demand owing to the growing awareness about their health benefits. Many consumers are working towards eating healthy and changing lifestyles for the better, which enhances the market growth. Increasing consumer awareness about the health benefits of EPA and DHA Omega-3 PUFA has significantly contributed to the growth of the EPA and DHA Omega-3 PUFA market.

EPA and DHA Omega-3 PUFA Market Challenges

Lack of clarity on the intake of EPA and DHA Omega-3 PUFA

The EPA and DHA Omega-3 PUFA market in the form of fortified nutritional supplements and food & beverages is facing significant limitations in the absence of recommended official doses. Despite extensive scientific research by governments and NGOs, a specific standard dose of EPA and DHA omega-3 PUFA for daily consumption is not clear. This is acting as a challenge for the growth of the market.

EPA and DHA Omega-3 PUFA Market Industry Outlook:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the EPA and DHA Omega-3 PUFA Market. Key companies of this market Zymes LLC, Denomega Nutritional Oils, Barleans Organic Oils, Vega Nutritionals Ltd., Arista Industries, Croda International PLC, Copeinca ASA, Martek Biosciences Corporation, Omega Protein Corp, Horizon Organic, Golden Omega, Pharma Marine USA LLC, and others.

Acquisitions/Product Launches:

In July 2020, Croda International Plc announced that it has agreed to acquire Avanti Polar Lipids, a knowledge-intensive leader in lipid-based drug delivery technologies for next-generation pharmaceuticals.

In March 2019, Golden Omega completed its acquisition with Omega Tri. This acquisition strengthens Golden Omega’s delivery solutions portfolio by the integration of both businesses.

Key Takeaways

Geographically, the North America area is poised to see extraordinary development owing to its increasing demand from consumers on account of changing lifestyles and is set to continue during the forecast period 2020-2025.

The global demand for EPA and DHA Omega-3 PUFA is increasing significantly owing to the growing awareness of its health benefits.

The lack of clarity among the consumers about the recommended intake of EPA and DHA Omega-3 PUFA is acting as a challenge in the market.

Detailed analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the EPA and DHA Omega-3 PUFA Market report.

Related Reports :

A. Omega-3 PUFA Market
https://www.industryarc.com/Research/Omega-3-PUFA-Market-Research-510275

B. Fish Oil Products Market
https://www.industryarc.com/Report/17788/fish-oil-products-market.html

For more Food and Beverage related reports @ https://www.industryarc.com/Domain/6/food-beverages-market-research.html

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