The global omega-3 PUFA market is expected to reach a market size of USD 11.71 Billion in 2028 and register a CAGR of 10.8% during the forecast period, according to the latest analysis by Emergen Research. The projected growth figures are attributed to increasing awareness about the array of health benefits provided by omega-3, a shift in preference from curative healthcare to preventive healthcare, and favorable government regulations.
The report further discusses in detail the key factors influencing the growth of the market. The report considers the COVID-19 pandemic as a key contributor to the market growth. The pandemic has disrupted the global supply chains and manufacturing processes due to the lockdowns and border restrictions. The report further explores the total impact of the pandemic on the Omega 3 PUFA Market and its key segments. The report also offers a current and future outlook of the market with regard to the impact of the COVID-19 pandemic.
Clinical studies have shown the preventive and therapeutic effects of omega-3 PUFAs on various illnesses such as coronary heart disease, rheumatoid arthritis, cancer, neurodegenerative, neuropsychiatric, and inflammatory diseases. There is an increasing demand for omega-3 in functional food & beverages, dietary supplements, infant formula, animal feed & pet food. The commercial production processes, in turn, is expected to drive market’s growth during the forecast period.
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The study provides crucial insights into the competitive and regional landscape of the Omega 3 PUFAvertical in accordance with the key companies that have gained a strong presence in the market. The study presents a breakdown of the competitive reach of the Omega 3 PUFA Market and provides extensive profiling of the companies involved.
The key competitors profiled in the report are Cargill Inc., BASF SE, Croda International Plc, Golden Omega S.A., Omega Protein Corporation, GC Rieber Oil, Royal DSM, Solutex GC, Pharma Marine AS, and Arista Industries, Inc.
The report also provides substantial information with regards to the market share held by each player along with details about their production and manufacturing capacity, product portfolio, revenue contribution, gross profit margins, and expansion plans. It also sheds light on the strategic alliances of the market, such as mergers and acquisitions, joint ventures, partnerships, collaborations, product launches, brand promotions, and corporate deals, among others.
Regional Analysis:
The research report segments the regional reach of the Omega 3 PUFA Market extensively. According to the research report, the market has steadily established its presence in key regions across North America, Europe, Latin America, Asia-Pacific, and the Middle East & Africa. The report includes an analysis of the industry share that these regions have gained along with a study of the growth opportunities each region offers. Moreover, the growth rate at which the market is set to expand in these regions is also offered in the report.
The report assesses the market scope in the following regions:
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Key Highlights of Report
Market Segmentation:
The Omega 3 PUFA Market report segments the industry into key segments and sub-segments and offers insight into the segment expected to show significant growth over the coming years.
Emergen Research has segmented omega-3 PUFA market based on type, source, application, and region:
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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