Fatty Acids Supplements Market Overview
According to a recent survey conducted by ChemView Consulting, the Global Fatty Acids Supplements Market grew at a CAGR of 6.5% between 2017-2021 and is estimated to be US$ 4274.6 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 7.4% and is expected to reach a valuation of US$ 8,728.5 Mn by 2032 end.
Due to the rising demand for functional foods and dietary supplements, the global market is expanding rapidly. The primary drivers propelling the growth of the worldwide omega fatty acid components market are the rising public awareness of the health advantages of polyunsaturated fatty acids (PUFA) and the technical developments to increase their bioavailability.
ChemView Consulting has analyzed Omega-3 Supplements. The market is expanding as nutritional supplements, and omega-3 fatty acids gain popularity. The prognosis for the business will be further improved by increased customer awareness of a healthy lifestyle and diet.
Omega-3 fatty acids, such as eicosapentaenoic acid (EPA), alpha-linolenic acid (ALA), and docosahexaenoic acid (DHA), are becoming more and more popular. These oils come from plants, including soybean, flaxseed, salmon, and canola. Several studies have also demonstrated the protective effects of consuming fatty fish and other seafood on heart health.
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Segments Covered in Report
By Source:
- Marine Oils
- Algal Oil
- Others (including Flaxseed)
By Application:
- Dietary Supplements
- Functional Food and Beverages
Others (including Pharmaceuticals and Infant Formula) By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Key Takeaways from the Fatty Acids Supplements Market
- Based on the source, Marine Oils are estimated to account for the largest market share.
- Based on the region, with a market share of 42.1%, Asia Pacific is the fastest-growing region for fatty acid supplements, particularly omega-3. Omega-3, one of the essential components in infant formula, is anticipated to gain popularity in India and China, the countries with the highest birth rates.
Competition Summary
Key companies covered in the market study are Koninklijke DSM N.V, Croda Health Care, Copeinca AS., Omega Protein Corporation, Axellus AS, Arista Industries, and Dean Foods
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Report Key Highlights and Coverage
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impact market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
About ChemView Consulting
ChemView Consulting is a leading information, market intelligence, and business consulting firm serving clients worldwide in Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging domains. In their business transformation journey, we have collaborated with global enterprises, including 70% of the largest Forbes 1000 enterprises, helping them deliver on their business ambitions. ChemView Consulting serves clients in approximately 100 countries, with its office in New York, U.S., and Pune, India.
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