MarkWide Market Research’s latest research shows that the Omega-3 PUFAs market will continue to grow from 2021-2031. The demand for Omega-3 PUFAs is expected to grow steadily in the short term with a positive outlook long-term. Shortly, there will be significant growth opportunities due to increased demand from the fitness industry.
What Drives Omega-3 PUFAs Demand?
You can feel the influence of nutrition in daily activities and maintaining your body’s metabolism. Omega-3 PUFAs, one of these nutrients, aid in maintaining the body’s cells, regulating and controlling the nervous system, blood sugar tolerance, and blood pressure, and also helping with inflammatory processes.
The fitness industry loves this product for its variety of body nutrients.
This is the best nutrition for athletes to increase their performance and recovery. It not only offers health benefits and metabolic improvement but also provides a functional response to training.
It is thriving because of its fitness-oriented population and growing awareness about the importance of healthy eating habits.
Omega-3 PUFAs can also increase the body’s elasticity to resist minor injuries from exercise. This product is also acceptable because it comes from terrestrial and marine natural sources.
Because of its versatility, this product has found many uses in the cosmetics and health industries. These industries are proving to be a boon for the product’s market and demand.
The Fitness Industry is likely to recover Omega-3 PUFA sales.
The Covid-19 pandemic was a major setback for the fitness industry. The lockdowns across the country and the closing of gyms and fitness centers caused fitness enthusiasts to retreat inside their homes, causing a drop in market share. There are pros and cons to the market for Omega-3 PUFAs.
Even though the industry had been functionalized, it was still not adaptable to the latest SOPs. The result was a slow growth of the product market.
Our data-driven and expert-driven research methods are key to our unparalleled market research accuracy. Our research methods combine a mix of analytics, machine learning, data science, and experience to produce a multi-dimensional analysis of a market.
The country has the surplus raw material to produce Omega-3 PUFAs. Both technological advances and human resources are state-of-the-art.
Trade between the countries is not restricted to certain regions. This can ensure a wide range of products available on global markets. Domestically, the country’s population is large, and most of it is fit-centric. This creates significant growth opportunities for the domestic market.
The market for raw materials is growing at an average rate of about 2% each year. However, the market is also being affected by the Covid-19 epidemic. Because of the widespread rumor’s that the virus originated from seafood, the pandemic resulted in a decline in the production of raw materials.
The market is stabilizing, but it is showing positive growth with better opportunities, making it a lucrative industry in the country.
Omega 3 PUFA Market Report Scope and Segmentation | |
|---|---|
| ATTRIBUTES | DETAILS |
| ESTIMATED YEAR | 2022 |
| BASE YEAR | 2021 |
| FORECAST YEAR | 2030 |
| HISTORICAL YEAR | 2017-2021 |
| UNIT | Value (USD Million/Billion) |
| BY REGION | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Who are the key manufacturers and suppliers of Omega-3 PUFAs?
The following are some of the top suppliers and manufacturers of the product:
- Novasep
- Solutex
- Aker Biomarine
- Croda International Plc
- Stepan Company
- Pharma Marine AS
- GC Rieber Oil
- Clover Corporation
- BASF SE
- Cellana Inc.
- Omega Protein Corporation
- Pharmavite LLC
- Oceanblue LLC
- Nature’s bounty
- Nordic Naturals
- Viva Naturals
- Arazo Nutrition
- Nestle Health Science
- R.B. Health (U.S.), LLC
- Rexall Sundown Inc.
- Others.
Today, top manufacturers are working with athletes to endorse their products. The fans will follow suit. They are always looking to improve the product offerings for their customers.
Key Segments
Source
- Marine
- Fish
- Algae
- Krill
- Lake Trout
- Terrestrial
- Plants
- Nut Oils
Form
- Powder
- Gels
- Oils
- Other
By Utilizing Industry
- Pharmaceuticals
- Healthcare & Cosmetics
- Supplement & Nutrition
By Distribution Channel
- Business to Business
- Businesses to Consumers
- Supermarkets/Hypermarkets
- Specialty Stores
- Pharmacy
- Online retail
by Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Italy
- France
- UK
- Spain
- Poland
- Russia
- The Netherlands
- Norway
- Czech Republic
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Malaysia
- Thailand
- Singapore
- Australia & New Zealand
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Colombia
- Rest of South America
- The Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Northern Africa
- Rest of MEA
- North America
This report is a compilation of industry analysts’ first-hand information and qualitative and quantitative assessments, and inputs from industry experts, industry participants, and other stakeholders across the value chain. The report includes a detailed analysis of market trends, macroeconomic indicators, and market attractiveness according to segments.
The report also tracks the qualitative effects of market factors on different market segments and geographies.
Omega-3 PUFAs Market Report Highlights:
- A detailed overview of the parent market
- Market dynamics changing in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Current industry trends and developments
- Competitive landscape
- The strategy of key players and products
- Geographic regions with promising growth potential and niche segments
- An objective perspective on the market performance
- Market players need to have the right information to maintain and expand their market share