Press release
Omega-3 PUFA (Polyunsaturated Fatty Acids) Industry Trends, Leading Players, Key Applications To 2031
Market Size and GrowthAs per DataM Intelligence Experts Research Report Global omega-3 PUFA Market reached US$ 2.4 billion in 2023 and is expected to reach US$ 4.4 billion by 2031, growing with a CAGR of 7.9% during the forecast period 2024-2031.
Omega-3 PUFA Market report, published by DataM Intelligence has released its latest in-depth analysis on the global Omega-3 PUFA Market, delivering a detailed overview of regional growth patterns, market segmentation, CAGR, and financial performance among leading industry players. The report offers readers a clear snapshot of the current market value and volume, alongside an exploration of emerging opportunities and ongoing developments. By shining a spotlight on key market drivers and highlighting the evolving industry landscape, the report equips businesses and stakeholders with strategic insights to identify new growth avenues and navigate future market dynamics confidently.
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Omega-3 PUFA (Polyunsaturated Fatty Acids) are essential fats commonly found in fish oils, flaxseeds, walnuts, and algae. These fatty acids, particularly EPA (eicosapentaenoic acid) and DHA (docosahexaenoic acid), are crucial for heart, brain, and eye health. Since the human body can't produce them efficiently, they must be obtained through diet or supplements. Omega-3 PUFAs also help reduce inflammation and support overall wellness.
Key Players:
Cargill, Incorporated.
DSM
Corbion
Croda International Plc
ADM
Arista Industries, Inc.
Omega Protein Corporation
Goerlich Pharma GmbH
Evonik
Nu-Mega Ingredients
Key Development:
In April 2024, FrieslandCampina launched two advanced DHA ingredients, Biotis DHA FlexP 15 and Biotis DHA FlexP 20, specifically crafted for the adult nutrition segment. These high-concentration, algae-derived microencapsulated DHA powders are ideal for vegan and vegetarian products, delivering excellent taste and sensory appeal.
In March 2024, Epax unveiled EPAX Omega 3-9-11, a first-of-its-kind concentrated oil that blends long-chain monounsaturated (LC-MUFAs) and polyunsaturated fatty acids (LC-PUFAs). Sourced from North Atlantic pelagic fish, this breakthrough product rich in Omega-3 (EPA and DHA), Omega-9, and Omega-11 is developed using Epax's proprietary EQP+ Tech, a precision distillation process that enhances fatty acid purity and content.
In January 2024, Ritual introduced its Omega-3 DHA + EPA supplement, delivering 500 mg of omega-3s in a 2:1 DHA to EPA ratio. Sustainably sourced from microalgae in La Forêt-Fouesnant, France, this supplement features patented technology that reduces oxidation and burp-back, along with a natural citrus flavor to improve taste and consumer experience.
Growth Forecast Projected:
The Global Omega-3 PUFA Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Omega-3 PUFA Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
By Source: (Marine Sources (Fish Oil, Krill Oil, Algae Oil, Other Oils), Plant Sources (Flaxseed Oil, Chia Seed Oil, Hemp Oil, Other Oils))
By Type: (Alpha Linoleic acid (ALA), Docosahexaenoic acid (DHA), Eicosapentaenoic acid (EPA))
By Application: (Food and Beverages, Dietary Supplements, Pharmaceuticals, Other Applications)
Regional Analysis for Omega-3 PUFA Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Omega-3 PUFA producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Omega-3 PUFA revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ
What is the current size of the Omega-3 PUFA Market?
A: In 2023, the Omega-3 PUFA Market was valued at USD 2.4 billion, reflecting its strong industry presence.
Q2: How large is the Omega-3 PUFA Market expected to be by 2031?
A: By 2031, industry forecasts suggest the Omega-3 PUFA Market will grow to around USD 4.4 billion, demonstrating significant expansion.
Q3: What is the growth rate of the Omega-3 PUFA Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 7.9% during the forecast period from 2024 to 2031.
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