Market Size of North America Omega-3 PUFA Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 7.56 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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North America Omega-3 PUFA Market Analysis
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.