Omega 3 Poly Unsaturated Fatty Acids Market Applications, Drivers and Growth Area Forecast Till 2025

Omega 3 Poly Unsaturated Fatty Acids (PUFAs) is a kind of necessary fats which cannot be produced by human body and which imposes ingestion through food, as it is major for enhancing metabolic processes such as cognitive functions and cardiovascular. Omega 3 PUFA has come out as potential nutritional ingredients. Its use in equipped food products, supplements, nutritive drinks, and pharmaceuticals. Omega 3 PUFA ingredients have been acquiring high traction in the beverages & food industry with the thriving equipped products sections.

The consumer consciousness of omega-3 PUFA health advantage and growing disposable income, particularly in urban regions of the country, will direct the market expansion over the forecast period. Omega-3 demand has been increasing and is expected to continue growing significantly over the forecast period. There are many factors that are expected to influence the omega-3s industry over the forecast period. Although the prevalence of fish oil in the world market for omega-3 is expected to drive the industry and would carry on to do so over the forecast period.

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For one, the industry is expected to witness a marked shift directed towards products with superior concentrations, a key trend that is expected to observe in the developing global omega-3 PUFA market. This results from the consumers upgrading from lesser concentrated products to more concentrated products in a purpose to get more DHA/EPA per capsule. Products with high concentrations provide the benefit of attaining the related health-promoting levels of DHA and EPA.

Pharmaceutical drugs, by evasion, have initialized incorporating more concentrations of omega-3 and it is expected over the forecast period, several novel companies would be hopping on to the production of omega-3 drugs. Many other drugs are in Phase III or Phase II clinical trials, with much more expected to come on-stream pretty soon. Moreover, the coming year or two is expected to witness an influx of novel companies attacking the worldwide omega-3 market.

In a worldwide scenario where growing attention is being focussed towards the matter of limited food supplies and sustainability, algal sources provide huge scope for the quickly expanding omega-3 PUFA industry to carry on in the same vein. The focus on attaining DHA and EPA from algae was encouraged by an endeavour to search for more sustainable sources. However, the omega-3 content in krill and fish originates from their intense consumption of other creatures that nourish on algae and algae directly. The past decades have seen many research studies that have underlined the importance of omega-3 PUFA in keeping heart health good, in addition, to protecting against cancer and birth deficiencies and counteract symptoms of arthritis, diabetes, depression, cognitive decline and many other conditions. Omega-3 Polyunsaturated Fatty Acids have been increasing and continues to grow considerably over the forecast period, attributed to the aforementioned benefits.

The market has been segmented by type mainly into Omega 3 ingredients comprising Docosahexaenoic Acid (DHA), Eicosapentaenoic Acid (EPA), and Alpha-linolenic Acid (ALA). EPA and DHA account for a major share in terms of revenue, owing to their increasing application in products that decreases the possibility of cardiovascular diseases. On the basis of various source, the market can be segregated into sardines/anchovy, salmon, Plant, menhaden, seed, krill, nut, cod, and tuna. Nut, Plant, and seed are expected to capture maximum revenue over the forecast period owing to increasing demand of marine extracted omega-3 coupled with increasing inclination towards plant supported diet. On the basis of application, the market can be segregated into Fat & spreads, Dairy Products & eggs food supplements, Bakery, confectionary, dietary supplements and non-alcoholic beverages.

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Dietary supplements section is expected to be the biggest consumer of an omega-3 constituent in term of revenue and volume over the forecast period, chased by food supplement and non-alcoholic beverage enrichment sector. Fish oil supplied omega-3 ingredients is expected to dictate the dietary supplement sector over the forecast period, Algal DHA oils expected to lead in food supplement sector & non-alcoholic beverage enrichment industry. Other end-use application markets for omega-3 PUFA constituents comprise pet nutrition with a noteworthy consumption and infant nutrition with the slightest utilization in terms of volume. Clinical and Pharma nutritional functions are yet to be industrialized across the world omega-3 PUFA market.

Some of the key players in the market are Royal DSM, FMC Corporation, BASF SE, Croda International PLC, Aker BioMarine ASA, Cargill, and Incorporated. The key players in the market are going through series of mergers & acquisition to get a better grip over the market. The market is less fragmented and lack of standardisation is there. The novel uses of Omega-3 PUFA in the curing of Rheumatoid Arthritis are fuelling the innovation in this market. According to certain research, it has been found that omega-3 PUFA are great in curing Rheumatoid Arthritis. The active companies in this market spend the great amount on research & development which helps in giving them the competitive edge.