Global Omega-3 PUFA Market Growth 2023-2029
Omega-3 PUFA, also called ω-3 fatty acids or n-3 fatty acids, are polyunsaturated fatty acids (PUFAs) with a double bond (C=C) at the third carbon atom from the end of the carbon chain. Three types of omega-3 PUFA involved in human physiology are α-linolenic acid (ALA) (found in plant oils), eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) (both commonly found in marine oils). They are considered essential fatty acids and necessary for human health but the body can’t make them. Also they play a role in brain health as well as normal growth and development.
LPI (LP Information)' newest research report, the “Omega-3 PUFA Industry Forecast” looks at past sales and reviews total world Omega-3 PUFA sales in 2022, providing a comprehensive analysis by region and market sector of projected Omega-3 PUFA sales for 2023 through 2029. With Omega-3 PUFA sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Omega-3 PUFA industry.
This Insight Report provides a comprehensive analysis of the global Omega-3 PUFA landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Omega-3 PUFA portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Omega-3 PUFA market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Omega-3 PUFA and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Omega-3 PUFA.
The global Omega-3 PUFA market size is projected to grow from US$ 15700 million in 2022 to US$ 23310 million in 2029; it is expected to grow at a CAGR of 23310 from 2023 to 2029.
The major players in global Omega-3 PUFA market include DSM, BASF, Golden Omega, etc. The top 3 players occupy about 30% shares of the global market. North America and Europe are main markets, they occupy about 60% of the global market. Fish Oil Type is the main type, with a share over 80%. Dietary Supplements is the main application, which holds a share about 60%.
This report presents a comprehensive overview, market shares, and growth opportunities of Omega-3 PUFA market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Fish Oil Type
Linseed Oil Type
Algae Oil Type
Other Type
Segmentation by application
Dietary Supplements
Functional F&B
Pharmaceuticals
Infant Formula
Others Field
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DSM
BASF
EPAX
Golden Omega
TASA
Omega Protein
Croda
KD Pharma(Marine Ingredients)
GC Rieber
Polaris
Auqi
Kinomega
Skuny
Xinzhou
Anti-Cancer
Sinomega
Key Questions Addressed in this Report
What is the 10-year outlook for the global Omega-3 PUFA market?
What factors are driving Omega-3 PUFA market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Omega-3 PUFA market opportunities vary by end market size?
How does Omega-3 PUFA break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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