Press release
Huge Demand Omega 3 (EPA/DHA) Ingredients Market Forecast Till 2028
Market Overview:The Global Omega 3 (EPA/DHA) Ingredients market was valued at USD 1.54 billion in 2021 and is expected to reach USD 1.95 billion by the year 2028, at a CAGR of 3.4%
Omega-3 fatty acids are a group of polyunsaturated fatty acids that are important for various functions in the body. Omega-3 fatty acids are found in foods, such as fish and flaxseed, and nutritional supplements, such as fish oil. The three main omega-3 fatty acids are alpha-linolenic acid (ALA), eicosapentaenoic acid (EPA), and docosahexaenoic acid (DHA). Eicosapentaenoic acid (EPA) is mostly found in animal products, such as fatty fish and fish oil. However, some microalgae also contain EPA. It has several functions in the human body. Part of it can be converted into DHA. Docosahexaenoic acid (DHA) is an omega-3 fatty acid that is also known as cervonic acid.
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Market Dynamics:
Driver:
The dynamics of the EPA/DHA (Omega-3) ingredients market will be positively impacted by rising consumer knowledge and interest in food items enhanced with omega-3 fatty acids. Consumers can choose from a wide range of food products containing EPA and DHA in a variety of tastes and edible forms, such as candies, gummie, chewable, and sachets. Increase in heart disorder disease and other diseases due to a lack of sufficient dietary supplements and unhealthy lifestyles driving the growth of the market during the forecast period.
Opportunities:
As the usage of Omega 3 compounds in personal care is on the verge of emerging from its period of dormancy, industry participants are concentrating on a few of the undiscovered niches in the personal care and cosmetics sector. The effects of EPA and DHA Omega 3 components on skin repair have been long been recognized, and they are now frequently used in personal care and cosmetic products which create opportunities for market players.
The Report Will Include A Major Chapter
•Patent Analysis
•Regulatory Framework
•Technology Roadmap
•BCG Matrix
•Heat Map Analysis
•Price Trend Analysis
•Investment Analysis
•Company Profiling and Competitive
Positioning
•Industry Value Chain Analysis
•Market Dynamics and Factors
•Porter's Five Forces Analysis
•Pestle Analysis
•SWOT Analysis
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Market Segmentation
Global Omega 3 (EPA/DHA) Ingredients Market Research report comprises of Porter's five forces analysis to do the detail study about its each segmentation like Product segmentation, End-user/application segment analysis and Major key players analysis mentioned as below;
Segmentation Analysis of Omega 3 (EPA/DHA) Ingredients Market:
Based on the Type, the market is classified into eicosatetraenoic acid (EPA), docosahexaenoic acid (DHA), and alpha-linolenic acid (ALA).
Based on the Application, nutritional supplements dominated the industry during the forecast period owing to the different health benefits of omega 3, growing R&D initiatives, and rising healthcare costs.
Based on the Source, fish oil and krill oil of marine source of omega 3 fatty acids accounted maximum share and is expected to witness significant growth during the forecast period.
By Type
•Alpha-Linolenic Acid {ALA}
•Eicosapentaenoic Acid {EPA}
•Docosahexaenoic Acid {DHA}
By Source
•Fish Oil & Krill Oil
•Algal Oil
•Walnut
•Pumpkin Seeds
•Soyabean Oil
•Others
By Application
•Pharmaceutical Industry
•Nutritional supplements
•Food & Beverage Industry
•Animal Nutrition
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Regional Analysis of Omega 3 (EPA/DHA) Ingredients Market:
Omega 3 ingredients are mainly obtained and processed in North America, owing to increasing Nutritional supplements brands and massive herbal and chemical processing companies. In the US, consumers show an extensive interest in Omega 3 ingredients owing to inflating neurological disorders.
By Region
•North America (U.S., Canada, Mexico)
•Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
•Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
•Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
•South America (Brazil, Argentina, Rest of SA)
Players Covered in Omega 3 (EPA/DHA) Ingredients
Market are:
•BASF SE (Germany)
•DSM (Netherlands)
•Aker BioMarine ASA (Norway)
•Croda International PLC (UK)
•Stepan Company (US)
•Pharma Marine (Norway)
•GC Riber Group (Norway)
•Clover Corporation (Australia)
•Omega Protein Corporation (US)
•Cellana (US)
•United Laboratories (India)
•Abee (India)
•Ocean Nutrition Canada Limited (Canada)
•Arista Industries (US) and other major players.
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Table Of Content
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Source
3.3 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Omega 3 (EPA/DHA) Ingredients Market by Type
To Be Continued……
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