NEW YORK, April 21, 2016 /PRNewswire/ -- Omega-3 fatty acids are polyunsaturated fatty acids which have potential health benefits and are essential for increasing metabolic rate. Omega-3 PUFA ingredients are used to manufacture products that improve the cardiovascular and cognitive functioning of the physical body. Omega-3 PUFA has been an essential ingredient in the pharmaceuticals industry for many years, but the recent growth in the market has been observed due to the consumers perceiving these to be essential for wellbeing and purchasing capsules, oils and functional foods laced with Omega 3 acids. Omega-3 PUFA ingredients market is estimated to grow at a CAGR of 6.7% during 2015-2020 to reach revenue generation of $2,659 million by 2020, owing to the rising health awareness among consumers and increasing inclination towards nutritional supplements.
The report analyzes the Omega-3 PUFA ingredient market by type, source and end-use applications. The market has been analyzed on the basis of type of acids such as DHA (docosahexaenoic acid), EPA (eicosapentaenoic acid) and ALA (Alpha-linoleic acid). The market values, volumes and growth rates have been estimated on the basis of sources of the fatty acids such as anchovy/sardines, concentrates, algae, tuna, salmon and others. The market for pharmaceuticals & clinical nutrition application of omega-3 PUFA is estimated to exhibit fastest growth. This report highlights the end-use segments such as infant food, dietary supplements, pharmaceuticals, food and beverage and pet food at ingredient and retail market level as well. The report estimates the size of the global market in terms of value ($million) and volume (Metric Tons).
This report on omega-3 PUFA market provides the market size and forecast for the regions of APAC, Europe, America and RoW. A detailed qualitative analysis on the factors responsible for driving and restraining the growth of the omega-3 market and future opportunities are also provided in the report. This report identifies many such insights and M&A opportunities, besides providing a detailed analysis of the market. Furthermore, the report profiles key players of the omega-3 PUFA market.
Key players involved in omega-3 PUFA ingredients market are
BASF SE (Germany),
FMC Corporation (U.S.)
Koninklijke DSM N.V. (The Netherlands).
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