Increased Usage in Pharma and Infant Nutrition Drives Global Omega-3 PUFAs Market to touch nearly 200k Metric Tons by 2026 – Market Report (2019-2026) by Industry Experts, Inc.
Thursday 12 Mar 2020
Industry Experts, Inc. unveiled an updated 2020 version of its most comprehensive global market research report on Omega-3. The new report "Omega-3 Polyunsaturated Fatty Acids (PUFAs) – A Global Market Overview" estimates that Asia-Pacific is the largest market with annual consumption of about 54 thousand metric tons in 2019 account for 39% of the global market.
Omega-3 Polyunsaturated Fatty Acids (PUFAs) offer significant benefits in maintaining heart health, in addition to safeguarding against cancer and birth defects and offsetting symptoms of diabetes, arthritis, cognitive decline, depression and several other conditions. Recovered from declining sales between 2012 to 2014, attributed to negative studies in the US media, global Omega-3 market has picked up the growth momentum in recent years. Sales of Omega-3 ingredients for dietary supplement sector has been significantly reduced compared to other application sectors during the slowdown period. The impact was large in the United States and a little bit or no impact observed in Europe and Asia-Pacific regions.
Dietary Supplements is the largest application for Omega-3 globally cornering share of about 60% consuming 82.8 thousand metric tons 2019. Overall Omega-3 demand will reach 145 million metric tons in 2020 valued at US$1.8 billion.
Omega-3 Polyunsaturated Fatty Acid (PUFAs) raw material ingredients analyzed in this study include Marine and Algal. The report also focuses on the Omega-3 PUFAs end-use applications market including Dietary Supplements, Animal Nutrition, Food & Beverages, Infant Nutrition, Pharmaceuticals and Clinical Nutrition.
The report reviews, analyses and projects the Omega- PUFAs market for global and the regional markets including the North America, Europe, Asia-Pacific, South America and Rest of World for the period 2017-2026 in terms of volume in metric tons and value in US$. These regional markets further analyzed for 17 independent countries across North America – the United States, Canada, and Mexico; Europe – Denmark, France, Germany, Italy, Norway, Spain, and the United Kingdom; Asia-Pacific – Australia, China, Japan, India and South Korea; South America – Argentina, and Brazil.
This 380 page global Omega-3 PUFAs market report includes 131 charts (includes a data table and graphical representation for each table), supported with meaningful and easy to understand graphical presentation, of market numbers. This report profiles 32 key global players and 129 major players across North America – 27; Europe – 50; Asia-Pacific – 36 and South America – 16. The report also provides the listing of the companies engaged in the manufacturing and supply of Omega-3 PUFAs as well as major players in the Omega-3 end-use industries such as human nutrition, pet nutrition and pharmaceuticals and major ingredient distributors across the globe. The global list of companies covers addresses, contact numbers and the website addresses of 322 companies.
California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.
For more details, please visit: https://industry-experts.com/verticals/healthcare-and-pharma/omega-3-polyunsaturated-fatty-acids-pufas-a-global-market-overview