Global Omega-3 Polyunsaturated Fatty Acids Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029

“Global Omega-3 Polyunsaturated Fatty Acids Market” is the title of an upcoming market research report by MarketResearch.biz. Key factors have been studied and assessed in-depth to ensure that vital information and data are presented in the report with well-organized flow and format. Revenue shares of each segment, region, and country have been included along with revenue growth driving factors, restraints, as well as opportunities in untapped regions and economies. The company profiles of key players comprise detailed information, recent developments, strategies, and acquisitions & mergers, etc. The global Omega-3 polyunsaturated fatty acids market is segmented by product type, source, application, and regions/countries.

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Global Omega-3 Polyunsaturated Fatty Acids Market: Overview

Omega-3 Polyunsaturated Fatty Acids (PUFA) are essential ingredients that are obtained from fish oils, algal oils, squid oils, and krill oils. These can also be extracted from plant oils such as soya bean oil, canola oil, flaxseed oil as well as chia seed oil. Omega-3 PUFA offers major health benefits and is used in the manufacturing of drugs, medicines and dietary supplements.

Global Omega-3 Polyunsaturated Fatty Acids Market Dynamics

Drivers: Increasing awareness among consumers regarding Omega-3 deficiency diseases is a major factor that is contributing to the growing consumption of products that contain high amounts of Omega-3 PUFA. In addition, Omega-3 PUFA helps to minimize the risk of heart diseases, coronary artery disease as well as stroke, by reducing the amount of triglycerides levels in the blood.

Omega-3 PUFA is increasingly used as an ingredient for health supplements in the nutrition industry.  While in the pharmaceutical industry, Omega-3 PUFA is used in medications that aid in the development of the mental health of an infant. These ingredients are also being incorporated in dietary supplements which are gaining popularity among athletes. Athletes consume Omega-3 PUFA-based dietary supplements to increase metabolism, reduce fatigue, enhance muscles as well as to aid in the quick recovery from injuries previously sustained.

Restraints: However, Omega-3 PUFA has a few limitations and challenges that are expected to be factors restraining this market’s growth. Apart from the high costs associated with this product, Omega-3 PUFA may also cause side effects such as flu, fever, body aches, chest pains, breathing problems, swollen lips, throat, or tongue, diarrhea, loss of appetite, etc. These products may have adverse health effects for patients with a dysfunctional liver, diabetes, and pancreas disorders among other medical conditions. Moreover, the increasing costs of research & development activities are among other factors that are expected to restrain this market’s growth.

Segment Analysis

By Type: The Docosahexaenoic acid (DHA) segment is expected to continue to dominate the market in terms of majority revenue share when compared to other type segments over the coming years. This is due to several health benefits they offer. DHA omega-3 is increasingly used as a supplement to aid in the development and growth of an infant’s brain as well as improve the functioning of an adult human brain as well.

By Source:  Among the source segments, the marine segment is projected to account for the majority revenue share due to the increasing consumption of marine-based food products. Tuna and salmon are the most consumed omega-3 fatty acid sources due to an abundant presence of Eicosapentaenoic Acid (EPA) and DHA content in its meat.

By Application: The dietary supplements segment expected to continue its dominance of the market when compared to the other application segments. Dietary supplements are becoming popular among consumers as these products provide better distribution of nutrients in the body than food products. These dietary supplements are obtained from oily fish such as salmon and tuna.

Regional Analysis:

The region of North America is projected to continue to dominate the global Omega-3 polyunsaturated fatty acids market over the coming years. The US market is a major revenue contributor to the region. Adults in the US are opting for omega-3 capsules that are derived from fish oil, as part of their dietary supplement. In addition, major manufacturers of omega-3 products such as Epax Norway AS (Norway), Cargill (US), Arista Industries (US) and DSM (Netherlands), are present in the region. Furthermore, rising incidences of omega-3 deficiencies in these countries are among other factors that are boosting the demand for this product.

Global Omega-3 Polyunsaturated Fatty Acids Market Segmentation

By Type:

• Docosahexaenoic Acid (DHA)
• Eicosapentaenoic Acid (EPA)
• Alpha-Linolenic Acid (ALA)

By Source

• Marine
  • Fish Oil
  • Algal Oil
  • Krill Oil
  • Others
• Plant
  • Canola Oil
  • Flaxseed Oil
  • Chia Seed Oil
  • Soya bean Oil
  • Others

By Application

• Dietary Supplements
• Functional Food & Beverages
• Pharmaceuticals
• Infant Formula
• Clinical Nutrition
• Pet Foods & Supplements
• Others 

 By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa