Market Size of Europe Omega-3 PUFA Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 9.30 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Omega 3 PUFA Market Analysis
Europe Omega 3 PUFA Market is projected to grow at a CAGR of 9.3% during the forecast period (2020-2025).
- Europe is one of the largest consumers of omega-3 products as consumers are seeking more health and wellness products associated with omega-3 fatty acids, due to the rising prevalence of heart diseases.
- Omega-3 ingredients are popularly used in fortified/functional food and beverages and the aging population is expected to create an opportunity for products claiming to lower cholesterol and improve heart health.
- Omega-3 suppliers are also taking an interest in launching omega-3 associated product offerings to attract large consumers in the regions who are increasingly buying products seeing the labels on the packaging.