According to a market report by Lucintel, the future of the omega-3 PUFA market looks promising with opportunities in the dietary supplements, functional foods & beverages, pharmaceuticals, and infant formula. The global omega-3 PUFA market is expected to grow with a CAGR of 13% from 2019 to 2024. The major growth drivers for this market are increasing demand for omega-3 in functional foods and pharmaceuticals, increase in application profiling and existing applications, innovative production technologies, and increasing cases of chronic diseases.
In this market, DHA, EPA, and ALA are the major product type. DHA is the largest product type market.
Within the omega-3 PUFA market, marine, fish oil, algal oil, and krill oil are the major sources and sub sources segment of the global omega-3 PUFA market..
North America will remain the largest market over the forecast period due to rising health conscious people in US and also presence of key players in this region.
FMC, Croda, Royal DSM, Omega Protein Corporation, Arista Industries, Denemoga Polaris, Pharma Marine, and GC Rieber are among the major manufacturers of omega-3 PUFA.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global omega-3 PUFA market by type, application, source and sub-source, and region. Lucintel has prepared a comprehensive research report entitled "Global Omega-3 PUFA Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global omega-3 PUFA market by type, application, source and sub-source, and region as follows:
By Type [$M shipment analysis for 2013 – 2024]:
By Application [$M shipment analysis for 2013 – 2024]:
Functional Food & Beverages
Other (Pet Food, Animal Feed, and Nutrition)
By Source and Sub-Source [$M shipment analysis for 2013 – 2024]:
Other (Salmon, Tuna, Herring)
By Region [$M shipment analysis for 2013 – 2024]:
This research report of more than 150 pages will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or firstname.lastname@example.org
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