[3-Dec-2019] Meticulous Research® –leading global market research company published a research report titled “Omega-3 PUFA Market by Source (Marine and Plant), Type (EPA/DHA and ALA), Application (Dietary Supplement, Baby Food, Food and Beverage, Pharmaceutical, Animal Feed, and Others), and Geography- Global Opportunity Analysis and Industry Forecast (2018 – 2023)”
According to this latest publication from Meticulous Research®, the global omega-3 PUFA market is expected to grow at a CAGR of 14.5% from 2018 to 2023 to reach USD 7,583.5 million by 2023, driven by growing health consciousness among consumers and awareness about health benefits of omega-3 PUFA, increasing incidence of chronic diseases, and growing demand for omega-3 in functional foods & pharmaceuticals. In addition, rise of alternative sources such as flaxseeds, olive oil, beans, walnuts, and algae, to obtain omega-3 PUFA and emerging markets such as Latin America further provides significant opportunities for the various stakeholders in the global omega-3 PUFA market. However, high price of fish oil, absence of recommended daily intake (RDI), and uncertain regulatory environment may hinder the growth of this market to some extent.
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Scope of Omega-3 PUFA Market Study
This industry study presents historical value market data (2016 and 2017), estimated current year data (2018) and forecasts for 2023 for the following segments.
Omega-3 PUFA Market by Source
Omega-3 PUFA Market By Type
Omega-3 PUFA Market By Application
- Dietary Supplement
- Infant Formula
- Food and Beverage
- Animal Feed
Omega-3 PUFA Market, by Geography
- North America
- Rest of Europe (RoE)
- Asia-Pacific (APAC)
- Rest of APAC (RoAPAC)
- Rest of World
- Latin America
- Middle East & Africa
Read Report Details with TOC @ https://www.meticulousresearch.com/product/omega-3-pufa-market/
Key questions answered in Omega-3 PUFA Market report-
Growing health consciousness among consumers and awareness about health benefits of omega-3 PUFA drive the omega-3 PUFA market globally
- How does the penetration of omega-3 PUFA in dietary supplements and food & beverages differ from other applications?
- Which are the high growth market segments in terms of value, products, and regions/countries?
The Asia-Pacific omega-3 PUFA market favours larger providers that compete in multiple segments
- Who are the top competitors in this market and what strategies do they employ to gain shares?
- Which segments of omega-3 PUFA market are expected to offer lucrative revenue growth over the forecast period and why?
- What strategies should the new companies focus to enter this market and to compete effectively?
- Who are the major players in various countries and what share of the market do they hold?
- What are the geographic trends and high growth regions/ countries?
Recent partnerships and agreements, acquisitions, expansions, and new product launches have taken place in the omega-3 PUFA market
- What companies have recently merged/acquired and how will these unions affect the competitive landscape of the omega-3 PUFA market?
- What companies have created partnerships and how will these partnerships promote a competitive advantage?
- Who are the major players in the global omega-3 PUFA market and what share of the market do they hold?
- Who are the local emerging players in the global omega-3 PUFA market and how do they compete with the global players?
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