Market Size of Africa Omega-3 PUFA Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.12 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Africa Omega-3 PUFA Market Analysis
Africa Omega-3 PUFA Market is projected to register a CAGR of 7.12%, during the forecast period (2020-2025).
- Consumers are increasingly relying on alternative channels to self-diagnose and identify targeted health needs, partly driven by the fact that insurers are increasing co-pays and incentivizing their customers to take preventative care measures. This, in turn, has facilitated the rise in the demand for algae omega-3 ingredients.
- Manufacturers and suppliers involved actively in the supply chain of omega-3 in the African region are making strategic efforts to ensure a gradual flow of information regarding the health benefits associated with omega-3 enriched diets, which has largely and positively affected the sales of omega-3 ingredients in the developing countries of the region.
