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Omega-3 PUFA Market is Booming in Forthcoming Year 2021-2028

The “Omega-3 PUFA Market Forecast to 2027 – COVID-19 Impact and Global Analysis” report added to The Insight Partners has covered and analyzed the potential of Global Omega-3 PUFA Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global market.

Omega3 fatty acids are polyunsaturated fatty acids that are widely distributed in nature and form an important element in the constituents of animal lipid metabolism, human diet and physiology. There are three classes of polyunsaturated fatty acids which includes omega-3, omega-6 and omega-9 fatty acids. Alpha-Linolenic Acid (ALA) is present in plant oils, such as flaxseed, soybean and canola oils. Likewise, Docosahexaenoic Acid (DHA) and Eicosapentaenoic Acid (EPA) are mostly found in fish, but microalgae synthesized these components and not the fish. Omega-3s is an essential component that helps in the formation of the structure of cell membranes. It plays a significant role in anti-inflammatory processes in the cell membrane and also help in improving immunity in response to any infection to the human body.

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Top Key Players:-Cargill, Incorporated,Croda International Plc,Epax,GC Rieber,Koninklijke DSM N.V.,Luhua Biomarine (Shandong) Co., Ltd.,OLVEA Fish Oils,Omega Protein Corporation,Pharma Marine AS,Polaris

The market for omega-3 PUFA is growing steadily owing to consumer awareness about health benefits to omega-3, increasing focus on preventive healthcare and huge demand for omega-3 in functional foods & pharmaceuticals. Moreover, factors such as the introduction of innovative production technologies coupled with growing demand in emerging economies are the key factors that propel the growth of the omega-3 PUFA market. In addition, the rising prevalence of chronic diseases effects positively on the growth of the market as omega-3 PUFA is used for the treatment of chronic diseases. However, the high cost involved in research & development activities and lack of research are the factors restricting the growth of the market.

The report highlights key growth strategies adopted by these players of Omega-3 PUFA industry, including details such as financial overview, product/ services offered, notable developments, and SWOT analysis.

The global omega-3 PUFA market is segmented on the basis of type, source, application. Based on type the global omega-3 PUFA market is divided into, Docosahexaenoic Acid (DHA), Eicosapentaenoic Acid (EPA) and Alpha-Linolenic Acid (ALA). Based on source, the global omega-3 PUFA market is bifurcated into marine and plants. The marine segment is further divided into, fish oil, algal oil, krill oil and others. The plant’s segment includes flaxseed oil, chia seed oil and others. On the basis of application, the global omega-3 PUFA market is segmented dietary supplements, functional foods & beverages, pharmaceuticals, infant formula and others.

The report analyzes factors affecting Omega-3 PUFA market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting Omega-3 PUFA market in these regions.

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Reason to Buy

– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Omega-3 PUFA Market

– Highlights key business priorities in order to assist companies to realign their business strategies.

– The key findings and recommendations highlight crucial progressive industry trends in Omega-3 PUFA Market, thereby allowing players to develop effective long term strategies.

 

 

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