November 27, 2020

Impact of COVID-19 on Omega3 Pufa Market Size, Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2027

The Global Omega-3 PUFA Market is projected to reach a value of USD 10.61 billion, exhibiting a CAGR of around 12% during the review period.

Omega-3 PUFA, i.e., Omega-3 polyunsaturated fatty acids are found in oil from fish, vegetable oils, nuts (especially walnuts), flax seeds, flaxseed oil, and leafy vegetables. These fatty acids are not produced by the body and hence are consumed in the diet. The consumption of these Omega-3 fatty acids is necessary as they lower the production of triglycerides in the body and offer various health benefits.

Omega-3 Pufa Market: Drivers & Challenges

Market Driver:

  • Health Benefits Associated with the Consumption of Omega-3 PUFA

Omega-3 PUFA is an integral part of cell membranes throughout the body and affect the function of the cell receptors in these membranes. They are responsible for the production of hormones that regulate blood clotting, contraction and relaxation of artery walls, and inflammation. Consumption of omega-3 fats helps to prevent heart disease and stroke, control lupus, eczema, and rheumatoid arthritis and may play protective roles in cancer and other conditions. It lowers the level of triglycerides, thus reducing the risks for coronary artery disease, heart disease, and stroke.

Moreover, it fights depression, anxiety, autoimmune diseases, and promotes brain health, among others.

Thus, health benefits provided by the consumption of omega-3 PUFA is projected to drive the market in the coming years.

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  • Use of Omega-3 in Cosmetics & Personal Care Products

Omega-3 (linolenic acid) is renowned for its anti-inflammatory metabolites and calming, soothing skin benefits. Omega-3 is used for applications such as anti-aging care, anti-wrinkle care, skincare, sun & after-sun care, hair care, and hand & nail care. Linolenic acid is widely used in moisturizing creams and lotions, bar soaps, lipsticks, shampoos, and therapeutic skin preparations for dryness, eczema, and psoriasis.

Rising consciousness about appearance and good looks among the consumers coupled with affordability is expected to drive the demand for omega-3 in cosmetics & personal care products. The demand is further driven by the damage caused by pollution, UV radiation, poor eating habits, and others.

Thus, the use of omega-3 PUFA in the cosmetics & personal care industry is expected to propel the global omega-3 PUFA market.

Market Restraint:

  • Side Effects of Over Consumption of Omega-3 PUFA

Omega-3 PUFA, if consumed in larger quantities can result in the number of side effects. Side effects include high blood sugar, bleeding, low blood pressure, diarrhea, acid reflux, stroke, insomnia, vitamin A toxicity, among others.

Therefore, side effects caused by overconsumption of Omega-3 PUFA is expected to restrain the market growth during the assessment period.

Omega-3 PUFA Market: Key Segments

  • Segmentation based on type: Docosahexaenoic Acid (DHA), Eicosapentaenoic Acid (EPA), and Alpha-Linolenic Acid (ALA).
  • Segmentation based on source: Plant and Marine.
  • Segmentation based on application: Dietary Supplements, Cosmetics & Personal Care, Pharmaceuticals, Functional Foods & Beverages, Animal Nutrition, and Others.
  • Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

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Omega-3 Pufa Market: Report Scope

The report on the Omega-3 PUFA market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

KEY Companies Covered

  • Cargill, Incorporated (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • DSM
  • Croda International Plc
  • Lonza
  • Corbion
  • Epax
  • Biosearch life
  • Arjuna Natural Pvt Ltd
  • Huatai Biopharm Inc.
  • KD Nutra
  • U.G.A. Nutraceuticals S.r.l.
  • Other Key Companies

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Omega-3 Pufa Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Omega-3 PUFA Market, by Type

  • Docosahexaenoic Acid (DHA)
  • Eicosapentaenoic Acid (EPA)
  • Alpha-Linolenic Acid (ALA)

Omega-3 PUFA Market, by Source

  • Plant
    • Chia Seeds
    • Flax Seeds
    • Hemp Seeds
    • Walnuts
    • Others
  • Marine
    • Mackerel
    • Salmon
    • Oysters
    • Shrimp
    • Others

Omega-3 PUFA Market, by Application

  • Dietary Supplements
  • Pharmaceuticals
  • Functional Foods & Beverages
  • Animal Nutrition
  • Others

Omega-3 PUFA Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions answered by the report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

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Table of Content

    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
    1. Introduction
    2. Drivers
      1. Health Benefits Associated with the Consumption of Omega-3 PUFA
      2. Use of Omega-3 in Cosmetics & Personal Care Products
    3. Restraint
      1. Side Effects of Over Consumption of Omega-3 PUFA
    4. Opportunities
      1. Penetration of e-Commerce Sales and On-Time Delivery
    5. Challenges
      1. Supply-Demand Gap for Fish Oil
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL OMEGA-3 PUFA MARKET BY TYPE, Market Size in USD Million and Kiloton (2019-2027)
    1. Introduction
    2. Docosahexaenoic Acid (DHA)
    3. Eicosapentaenoic Acid (EPA)
    4. Alpha-Linolenic Acid (ALA)
  7. GLOBAL OMEGA-3 PUFA MARKET BY SOURCE, Market Size in USD Million and Kiloton (2019-2027)
    1. Introduction
    2. Plant
      1. Chia Seeds
      2. Flax Seeds
      3. Hemp Seeds
      4. Walnuts
      5. Others
    3. Marine
      1. Mackerel
      2. Salmon
      3. Oysters
      4. Shrimp
      5. Others
  8. GLOBAL OMEGA-3 PUFA MARKET BY APPLICATION, Market Size in USD Million and Kiloton (2019-2027)
    1. Introduction
    2. Dietary Supplements
    3. Pharmaceuticals
    4. Functional Foods & Beverages
    5. Animal Nutrition
    6. Others
  9. GLOBAL OMEGA-3 PUFA MARKET BY REGION, Market Size in USD Million and Kiloton (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
    1. Cargill, Incorporated
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. BASF SE
    3. DSM
    4. Croda International Plc
    5. Lonza
    6. Corbion
    7. Epax
    8. Biosearch life
    9. Arjuna Natural Pvt Ltd
    10. Huatai Biopharm Inc.
    11. KD Nutra
    12. U.G.A. Nutraceuticals S.r.l.
    13. Other Key Companies
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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