North America Omega3 PUFA Market Growth, Trends and Forecasts (2020 - 2025)

North America Omega-3 PUFA Market is segmented by source (plant and marine); by type (Docosahexaenoic acid (DHA), Eicosapentaenoic acid (EPA), Alpha-Linolenic Acid (ALA) and others); by application (food and beverage, dietary supplements, pharmaceuticals, and animal feed); and by geography (North America)

Market Snapshot

Number
Study Period: 2016-2025
Base Year: 2019
CAGR: 7.56 %

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Market Overview

The North America omega3 PUFA market is forecasted to witness a CAGR of 7.56% during the forecast period (2020 - 2025).

  • EPA and DHA are gaining importance and becoming a part of the North American consumer’s daily diet. The key reasons for this change have been the increased prevalence of lifestyle diseases and people taking preventive healthcare measures. Moreover, emerging applications of EPA and DHA in food, dietary supplements, and clinical nutrition are further stimulating the market growth in North America.
  • Omega-3 oils are essential fatty acids that have a broad range of health benefits, including for cardiovascular, eye and brain health, for which is it being widely used in various end user application, like dietary supplements, infant nutrition, functional food and beverages, pharmaceutical and clinical nutrition in the region studied thus, driving the North American market forward.

Scope of the report

The North America omega-3 PUFA market has been segmented by source into plant and marine source; and by type into Docosahexaenoic acid (DHA), Eicosapentaenoic acid (EPA), Alpha-Linolenic Acid (ALA) and others. By application into food and beverage, dietary supplements, pharmaceuticals, and animal feed. The food and beverage segment is further bifurcated into functional food and beverage, and infant formula.

By Source
Plant
Marine
By Type
Docosahexanoic acid (DHA)
Eicosapentanoic acid (EPA)
Alpha-Linolenic Acid (ALA)
Others
By Application
Food and Beverages
Functional Foods & Beverages
Infant Formula
Dietary Supplements
Pharmaceuticals
Animal Nutrition
By Geography
United States
Canada
Mexico
Rest of North America

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Key Market Trends

Robust Demand from Health Conscious Consumers

The increased awareness about EPA and DHA among the North Americans has resulted in an increase in application of these ingredients across several end-user industry and markets for direct human consumption.

In addition, the most rapidly emerging applications of EPA and DHA are in food, dietary supplements, and clinical nutrition. Most of these sectors demand EPA and DHA with high purity and concentration.EPA and DHA has various benefits over health, such as preventing cardiovascular diseases by reducing triglyceride level, reducing obesity, bone health, inflammatory health and increasing immunity.

Moreover, the EPA and DHA have been proven to help overweight individuals by contributing to the improvement of body composition by increasing metabolism and fat burning potential. They also help in suppressing appetite, which leads to the consumption of fewer calories.

North America Omega3 PUFA Market1

Increasing Application of EPA in the Market

The North American EPA market is driven by the robust demand from the dietary supplements sector wherein increasing amount of EPA is channelized in developing adult-based essential omega-3 supplements. EPA has been commercially extracted from cold-water fish, including mackerel, herring, tuna, halibut, salmon, cod liver, whale blubber, or seal blubber.

EPA is mostly associated with brain, heart health and inflammatory health. EPA has various application markets, such as infant formula, dietary supplement, fortified food and beverages, animal nutrition, and pharmaceuticals, which is driving its demand in United States and Canada, as consumers are increasing its consumption for these types of products, so as to decrease their medical cost expenditure, and concentrate on preventage health measures.

Manufacturers around the region are now developing EPA-only concentrates that are being incorporated in nutraceuticals and pharmaceutical formulations.The concentrated EPA has demonstrated various beneficial effects for heart health, specifically for lowering triglyceride levels.

North America Omega3 PUFA Market

Competitive Landscape

The North America omega-3 PUFA market is competitive, with major players operating in the market are Cargill, Incorporated, Omega Protein Corporation and Archer Daniels Midland Company.

During the last few years, the major American omega-3 PUFA companies, have become active in the global omega-3 PUFA market with tactical acquisitions, mergers, and partnership. The development of production facility has already commenced and is aimed at closing the supply-demand gap for omega-3 PUFA, while helping to conserve marine life and biodiversity in the ocean.

The competition in this market is expected intensify further in the coming years due to product extensions, technological innovations, and high-quality of products in terms of ingredients benefits provided to the consumers.

Recent Developments

  • In January 2018, Croda International PLC, acquired Nautilus Biosciences Canada Inc., a marine biotechnology company based in Charlottetown.​
  • In Jul y2017, Croda International announced its acquisition of Enza Biotech AB, a research enterprise established as a spin out company from Lund University in Sweden.​

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Source

      1. 5.1.1 Plant

      2. 5.1.2 Marine

    2. 5.2 By Type

      1. 5.2.1 Docosahexanoic acid (DHA)

      2. 5.2.2 Eicosapentanoic acid (EPA)

      3. 5.2.3 Alpha-Linolenic Acid (ALA)

      4. 5.2.4 Others

    3. 5.3 By Application

      1. 5.3.1 Food and Beverages

        1. 5.3.1.1 Functional Foods & Beverages

        2. 5.3.1.2 Infant Formula

      2. 5.3.2 Dietary Supplements

      3. 5.3.3 Pharmaceuticals

      4. 5.3.4 Animal Nutrition

    4. 5.4 By Geography

      1. 5.4.1 United States

      2. 5.4.2 Canada

      3. 5.4.3 Mexico

      4. 5.4.4 Rest of North America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Cargill, Incorporated

      2. 6.4.2 BASF SE

      3. 6.4.3 Corbion NV

      4. 6.4.4 Archer Daniels Midland Company

      5. 6.4.5 Omega Protein Corporation

      6. 6.4.6 Wiley Companies

      7. 6.4.7 Novotech Nutraceuticals, Inc.

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The North America Omega-3 PUFA Market market is studied from 2016 - 2025.

The North America Omega-3 PUFA Market is growing at a CAGR of 7.56% over the next 5 years.

Cargill, Incorporated, BASF SE, Corbion NV, Archer Daniels Midland Company, Omega Protein Corporation are the major companies operating in North America Omega-3 PUFA Market.

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