Global Omega-3 Polyunsaturated Fatty Acid Market Research and Forecast 2018-2023

Global Omega-3 Polyunsaturated Fatty Acid Market is growing at a modest rate due to huge consumption omega-3 in dietary supplements and pharmaceuticals across the globe. Omega-3 Fatty Acids cannot be synthesized by human body and it is considered to be essential element to enhance the metabolic activities such as Cognitive and Cardiovascular functions. As a result the adoption of omega-3 is rising through rising awareness and easy availability of omega-3 fatty acids in market. Global rise in life style oriented diseases such as CVD, CHD, Rheumatic Arthritis, Parkinson’s disease and other lingering diseases are boosting the global omega-3 PUFA Market.

Global Omega-3 PUFA Market is growing at a modest rate due to rising demand from nutrition industry for health supplements and healthcare industry for infant mental health and development. Pharmaceutical drug manufacturers are using Omega-3 as an ingredient in drugs which are used to treat various life style oriented diseases. Rise in health consciousness among individuals and wide variety of Omega-3 products are expected to drive the market in near future. Global Omega-3 Polyunsaturated Fatty Acid Market is affected by the high cost due to low production of fish oil and huge expenditure in R&D. However, rising alternatives of omega-3 through marine and plant sources are expected to overcome the high cost.

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North America and Europe has the highest contribution to Global Omega-3 Polyunsaturated Fatty Acid market followed by Europe. Global Omega-3 Polyunsaturated Fatty Acid Market is growing considerably in North America and Europe due to huge consumption of omega-3 for health benefits and fitness. Europe and North America have the highest consumption of Omega-3 through dietary supplement, functional food & beverages. Untapped APAC region such as China, India, Japan and Korea are the most emerging economies and expected to create considerable opportunities due to huge customer base and rising awareness for health benefits. APAC region is considered to be lucrative for Global Omega-3 Polyunsaturated Fatty Acid Market due to huge population, improved healthcare spending and rising awareness.

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The key players of Global Omega-3 Polyunsaturated Fatty Acid Market are Aker Bio Marine ASA, Clover Corporation, KD Pharma Bexbach Gmbh, Omega Protein Corporation, Orkla ASA, Pharma Marine LLC., Polaris, Royal DSM N.V., Tasa Omega and others. Various corporate strategies such as R&D, product launch, partnership and collaboration are widely adopted by key players to stay competitive.

Global Omega-3 Polyunsaturated Fatty Acid Market is segmented on the basis of Type, Application and Region. Global Omega-3 Polyunsaturated Fatty Acid Market by Type includes Docosahexaenoic Acid, Eicosapentaenoic Acid & Alpha-Linolenic Acid Market. Global Omega-3 Polyunsaturated Fatty Acid Market by Application includes Alpha-Linolenic Acid, Functional Foods & Beverages, Pharmaceuticals, Infant Formula and so on.