DALLAS, September 24, 2014 /PRNewswire/ --
This report defines and segments the "Omega-3 PUFA Market by Type (DHA, EPA, ALA), Source[Marine (Fish, Algal, Krill, Others), Plant (Flaxseed, Chia Seed, Others)], Application (Dietary Supplement, Functional F&B, Pharma, Infant Formula, Others) & Geography - Global Trend & Forecast to 2019", published by MarketsandMarkets, with analyses and projections of the market size, in terms of value and volume. The market has been segmented on the basis of types, sources, sub-sources, and applications of Omega-3 PUFA. The report also identifies the driving and restraining factors of the global market with an analysis of trends, opportunities, winning imperatives, and restraints.
Browse 133 market data tables with 54 figures spread through 180 pages and in-depth TOC on "Omega-3 PUFA Market - Global Trend & Forecast to 2019".
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The Omega-3 PUFA Market is projected to grow at a healthy CAGR of 12.8% between 2014 and 2019. The market is segmented and the market size is forecasted on the basis of key regions, including North America, Europe, Asia-Pacific (APAC), and Rest of the World (ROW). The key countries are covered with the market size and trends projected for each region. Dietary supplements as an application garner the largest market share of 55%, followed by functional food & beverage and pharmaceuticals. As there is a growing demand amongst consumers for healthy ingredients fortified into food and beverage to prevent disease, the functional food & beverage sector is growing at a considerable rate. The pharmaceutical and infant formula category is also expected to exhibit a robust growth rate in the next five years. Eicosapentaenoic acid (EPA) and Docosahexaenoic acid (DHA) dominate the Omega-3 PUFA Market, by type, and fish oils are the largest and dominant sources as they are rich in EPA and DHA.
The Omega-3 PUFA Market is expanding at a significant rate. North America is the largest market for Omega-3 PUFA, due to the demand for functional foods & beverages and technological advancements. In Europe, regulations favor the usage of Omega-3 PUFA in functional foods and infant formula and are expected to spur the demand in its developed markets.
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The Asia-Pacific region has huge market potential for Omega-3 PUFA as consumer awareness about Omega-3 PUFA's preventive healthcare benefits has increased and there is a rising occurrence of cardiovascular disease. The presence of a favorable government regulatory environment for safer and healthy products further boosts the Asia-Pacific market.
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