Global Omega-3 PUFA Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Omega-3 PUFA Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Source (Plant, and Marine), Type (Docosahexaenoic acid (DHA), Eicosapentaenoic acid (EPA), Alpha-Linolenic Acid (ALA), and Others), Concentration (High Concentrated, Medium Concentrated, and Low Concentrated), Application (Food and Beverages, (Functional Foods & Beverages, and Infant Formula), Dietary Supplements, Pharmaceuticals, and Animal Nutrition), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Omega-3 PUFA Market was valued at USD 2,714.3 million in 2023 and is expected to reach USD 4,950.0 million by 2031 while growing at a CAGR of 7.8% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global omega-3 PUFA market growth. The Omega-3 PUFA market encompasses the worldwide trade of essential fatty acids, specifically eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA). These PUFAs, crucial for human health, are mainly sourced from dietary sources like fatty fish, algae, and certain plant-based oils.
Increasing awareness of health benefits and heightened consumer interest in nutraceuticals drive the growth of the omega-3 PUFA market. However, obstacles such as sustainability concerns in marine sources and competition from plant-based alternatives may impede market expansion.
Furthermore, the global omega-3 PUFA industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Source Analysis
The Global Omega-3 PUFA Market is segmented among Plant, and Marine, based on Source. In 2023, Marine accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Type Analysis
The Global Omega-3 PUFA Market is segmented among Docosahexaenoic acid (DHA), Eicosapentaenoic acid (EPA), Alpha-Linolenic Acid (ALA), and Others, based on Type. In 2023, Docosahexaenoic acid (DHA) accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Omega-3 PUFA Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Cargill, Incorporated, BASF SE, Corbion NV, Archer Daniels Midland Company, Croda International Plc, Omega Protein Corporation, Pharma Marine, Stepan Company, Novotech Nutraceuticals Inc, and Clover Corporation Ltd.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Omega-3 PUFA Market Dynamics
Drivers
Restraints
Opportunity
4. Global Omega-3 PUFA Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Omega-3 PUFA Market Segmentation, By Source
Global Omega-3 PUFA Market Share Analysis, By Source
Global Omega-3 PUFA Market Growth Analysis, By Source
Global Omega-3 PUFA Market Trends, By Source
o Plant
o Marine
6. Global Omega-3 PUFA Market Segmentation, By Type
Global Omega-3 PUFA Market Share Analysis, By Type
Global Omega-3 PUFA Market Growth Analysis, By Type
Global Omega-3 PUFA Market Trends, By Type
o Docosahexaenoic acid (DHA)
o Eicosapentaenoic acid (EPA)
o Alpha-Linolenic Acid (ALA)
o Others
7. Global Omega-3 PUFA Market Segmentation, By Concentration
Global Omega-3 PUFA Market Share Analysis, By Concentration
Global Omega-3 PUFA Market Growth Analysis, By Concentration
Global Omega-3 PUFA Market Trends, By Concentration
o High Concentrated
o Medium Concentrated
o Low Concentrated
8. Global Omega-3 PUFA Market Segmentation, By Application
Global Omega-3 PUFA Market Share Analysis, By Application
Global Omega-3 PUFA Market Growth Analysis, By Application
Global Omega-3 PUFA Market Trends, By Application
o Food and Beverages
Ø Functional Foods & Beverages
Ø Infant Formula
o Dietary Supplements
o Pharmaceuticals
o Animal Nutrition
9. Global Omega-3 PUFA Market Segmentation, By Region
Global Omega-3 PUFA Market Share Analysis, By Region
Global Omega-3 PUFA Market Growth Analysis, By Region
Global Omega-3 PUFA Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
10. Competitive Landscape
Cargill, Incorporated*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
BASF SE
Corbion NV
Archer Daniels Midland Company
Croda International Plc
Omega Protein Corporation
Pharma Marine
Stepan company
Novotech Nutraceuticals Inc
Clover Corporation Ltd
*Similar analysis will be provided for each company listed above.