Press release
Demand for Omega-3 Fatty Acids Market Expected to Grow till 2026 by Key Players - Croda Health Care, AdvoCare, Evonik, Aristra Industries Inc and more
The increasing demand for Omega-3 in Pharmaceuticals and Functional Foods sector is creating lucrative growth opportunities for the global Omega-3 Fatty Acids Market, predicts Fortune Business Insights in their new study. The study is titled,” Omega-3 Fatty Acids Market Size, Share and Global Trend by Type (Eicosapentanoic acid (EPA), Docosahexanoic acid (DHA), Alpha-Linolenic Acid (ALA)), Source (Marine Sources, Plant Sources), Application (Dietary Supplements, Functional Foods & Beverages, Pharmaceuticals) and Geography Forecast till 2026.”
Sample PDF Brochure at https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/omega-3-fatty-acids-market-100248
Some of the companies operating in the Global Omega-3 Fatty Acids Market are;
• Croda Health Care
• Aristra Industries Inc
• Qualitas Health Australia
• Arjuna Natural Pvt. Ltd
• Merck KGaA, Darmstadt, Germany
• AdvoCare
• Evonik
• TerraVia Holdings, Inc.
• Seneca
• Novasep
• Royal DSM, and Cargill Incorporated.
According to this study, the growing trend of health concerns and consumption habits of healthy diet is increasing demand for specialty nutrient products such as omega-3 fatty acid, and others. This increasing demand is further propelling the market for omega-3 fatty acids during the forecast period.
Increasing Application in Infant Formulas and Dietary Supplements to Propel Demand
The increasing utilization of omega-3 fatty acids in a variety of food products is among the major factors boosting the global omega-3 fatty acids market. Omega -3 fatty acids finds applications in various products including pharmaceuticals, infant formulas, and other functional food and beverage products besides stand alone omega-3 based dietary supplements.
Furthermore, omega-3 is good for the skin and hair. The rising awareness among consumers about the health benefits of omega-3, is boosting the global market. The rise in focus on preventive healthcare is a major driver for the market for omega-3 fatty acids. This is attributable to the increasing number of chronic disease cases worldwide.
Other factors promoting growth of the global omega-3 fatty acids market include the increasing number of incidences of lifestyle disorder. This has caused manufacturers and consumers to develop specialty nutrition products. Again, the fact that the human body cannot be synthesized to produce omega-3 fatty acids and thus require obtaining them externally is also helping the market grow at promising rates during the forecast period.
However, the market may be face restraint from certain factors such as the high cost of research and development activities of omega-3 fatty acids, sustainability issues faced by fisheries leading to low production of fish oil. In addition to that, the growing competition of raw materials collection and lower catch quotas set by governments may also hinder the growth of the global omega-3 fatty acids market during the forecast duration.
Nevertheless, opportunities such as the rising demand in developing nations and the presence of alternative sources of Omega-3 fatty acids such as plant-oil with high omega-3 content, algae oils, and stearidonic acid, are anticipated to provide lucrative growth opportunities for the market in future.
Asia Pacific to Witness Fastest Growth with Increasing Demand from Infant Formulae Sector
Fortune Business Insights foresees the global omega-3 fatty acids market to be dominated by Europe and North America. This is because of the robust demand for supplements that caters to cardiovascular health. The percentage of mortality due to cardiovascular diseases in Europe as of 2017 statistics at the European Heart Network (EHN) is 45% and that of death in the North America is 37%. Thus, for the maintenance of cardiovascular health in these regions, supplements containing alpha-linolenic acid (ALA), eicosapentaenoic acid (EPA), and docosahexaenoic acid (DHA) are high on demand. Thus, these regions are further expected to continue dominating the market during the forecast duration.
On the other hand, Asia Pacific is expected to witness the fastest growth rates on account of the increasing demand for omega-3 fatty acids from infant formulae sector. This demand is especially high in the developing nations of China and India. Besides this, the robust sales performance of dietary supplements in developing markets of Asia Pacific will help the growth of the market in future.
Browse Complete Report Details at https://www.fortunebusinessinsights.com/industry-reports/omega-3-fatty-acids-market-100248
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
About Us:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies interspersed with relevant data.
At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Sample PDF Brochure at https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/omega-3-fatty-acids-market-100248
Some of the companies operating in the Global Omega-3 Fatty Acids Market are;
• Croda Health Care
• Aristra Industries Inc
• Qualitas Health Australia
• Arjuna Natural Pvt. Ltd
• Merck KGaA, Darmstadt, Germany
• AdvoCare
• Evonik
• TerraVia Holdings, Inc.
• Seneca
• Novasep
• Royal DSM, and Cargill Incorporated.
According to this study, the growing trend of health concerns and consumption habits of healthy diet is increasing demand for specialty nutrient products such as omega-3 fatty acid, and others. This increasing demand is further propelling the market for omega-3 fatty acids during the forecast period.
Increasing Application in Infant Formulas and Dietary Supplements to Propel Demand
The increasing utilization of omega-3 fatty acids in a variety of food products is among the major factors boosting the global omega-3 fatty acids market. Omega -3 fatty acids finds applications in various products including pharmaceuticals, infant formulas, and other functional food and beverage products besides stand alone omega-3 based dietary supplements.
Furthermore, omega-3 is good for the skin and hair. The rising awareness among consumers about the health benefits of omega-3, is boosting the global market. The rise in focus on preventive healthcare is a major driver for the market for omega-3 fatty acids. This is attributable to the increasing number of chronic disease cases worldwide.
Other factors promoting growth of the global omega-3 fatty acids market include the increasing number of incidences of lifestyle disorder. This has caused manufacturers and consumers to develop specialty nutrition products. Again, the fact that the human body cannot be synthesized to produce omega-3 fatty acids and thus require obtaining them externally is also helping the market grow at promising rates during the forecast period.
However, the market may be face restraint from certain factors such as the high cost of research and development activities of omega-3 fatty acids, sustainability issues faced by fisheries leading to low production of fish oil. In addition to that, the growing competition of raw materials collection and lower catch quotas set by governments may also hinder the growth of the global omega-3 fatty acids market during the forecast duration.
Nevertheless, opportunities such as the rising demand in developing nations and the presence of alternative sources of Omega-3 fatty acids such as plant-oil with high omega-3 content, algae oils, and stearidonic acid, are anticipated to provide lucrative growth opportunities for the market in future.
Asia Pacific to Witness Fastest Growth with Increasing Demand from Infant Formulae Sector
Fortune Business Insights foresees the global omega-3 fatty acids market to be dominated by Europe and North America. This is because of the robust demand for supplements that caters to cardiovascular health. The percentage of mortality due to cardiovascular diseases in Europe as of 2017 statistics at the European Heart Network (EHN) is 45% and that of death in the North America is 37%. Thus, for the maintenance of cardiovascular health in these regions, supplements containing alpha-linolenic acid (ALA), eicosapentaenoic acid (EPA), and docosahexaenoic acid (DHA) are high on demand. Thus, these regions are further expected to continue dominating the market during the forecast duration.
On the other hand, Asia Pacific is expected to witness the fastest growth rates on account of the increasing demand for omega-3 fatty acids from infant formulae sector. This demand is especially high in the developing nations of China and India. Besides this, the robust sales performance of dietary supplements in developing markets of Asia Pacific will help the growth of the market in future.
Browse Complete Report Details at https://www.fortunebusinessinsights.com/industry-reports/omega-3-fatty-acids-market-100248
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
About Us:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies interspersed with relevant data.
At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
