Omega-3 polyunsaturated fatty acids Market is anticipated to grow at a CAGR of 10.3% during the forecast period. The market is mainly due to the significant consumption of omega-3 in dietary supplements and pharmaceutical industries from across the globe. Omega-3 fatty acids cannot be synthesized by the human body and it is an essential element to enhance metabolic activities such as cognitive and cardiovascular functions. As a result, the adoption of omega-3 is rising through raising awareness and easy availability of omega-3 fatty acids in the market. The global rise in lifestyle-oriented diseases such as CVD, CHD, Rheumatic Arthritis, Parkinson’s disease, and another lingering disease are boosting the global omega-3 polyunsaturated fatty acids market.
Moreover, pharmaceutical drug manufacturers are using omega-3 as an ingredient in drugs that are used to treat various lifestyle-oriented diseases. The rise in health consciousness among individuals and a wide variety of omega-3 products are expected to drive the market in the near future. Along with that, the 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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- Market Coverage
- Market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Omega-3 Polyunsaturated Fatty Acid Market Report Segment
By Type
- Docosahexaenoic Acid
- Eicosapentaenoic Acid
- Alpha-Linolenic Acid
By Source
- Marine Source
- Plant Source
By Application
- Dietary Supplements
- Functional Food & beverages
- Pharmaceutical
- Others (Infant Formula, pet food)
A full report of Omega-3 Polyunsaturated Fatty Acids Market available @ https://www.omrglobal.com/industry-reports/omega-3-polyunsaturated-fatty-acids-market
Omega-3 Polyunsaturated Fatty Acid Market Report Segment by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
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1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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Article source: https://article-realm.com/article/Food-Beverage/62483-Omega-3-Polyunsaturated-Fatty-Acids-Market-to-Signify-Strong-Growth-by-2024-2031.html
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