(Food-Beverage-News.Com, July 05, 2018 ) The robust growth in the food & beverage industry in emerging markets has become an attractive opportunity for the Omega-3 PUFA market. The growing health awareness among consumers, rising aging population, and increasing incidences of chronic diseases are driving the growth of the Omega-3 PUFA market.
Browse 197 market data Tables and 55 Figures spread through 232 Pages and in-depth TOC on "Omega-3 PUFA Market - Global Forecasts to 2020"
Dietary supplements accounted for the largest market share in 2014
On the basis of application, the Omega-3 PUFA market is segmented into dietary supplements, functional food & beverages, pharmaceuticals, infant formula, and others (pet food, animal feed, and pet nutrition). Among all the applications of Omega-3 PUFA, infant formula is projected to be the fastest-growing application from 2015 to 2020.
DHA segment leads the market with the largest share
On basis of type, the Omega-3 PUFA market is segmented into DHA, EPA, and ALA. Out of all the types, DHA is estimated to be the largest segment in 2015, accounting for a maximum share of global Omega-3 PUFA market. With the increasing health-consciousness among the consumers and the multiple health benefits of Omega-3 PUFA, the demand for Omega-3 PUFA is expected to enhance the market growth in the near future.
China and India: The future of the Omega-3 PUFA industry
The Omega-3 PUFA market is projected to reach a value of USD 18.95 billion by 2020. North America dominated the global Omega-3 PUFA market in 2014. Asia-Pacific region is projected to be the fastest-growing market from 2015 to 2020. The markets are growing in China and India due to the increasing disposable income of the people, the growth of urban population, and increasing expansions of the key players including Cargill, Incorporated (U.S.) and FMC Corporation (U.S.) in China for profitable returns.
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