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PUFA In Global Market - Growth, Trends, and Forecasts (2020 - 2025)

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PUFA  Market 

The market was valued at USD 4.7 billion in 2017 and is expected to reach USD XX billion in 2023, registering a CAGR of 8.3% during 2018-2023 (the forecast period). Increasing cases of chronic diseases, such as stroke, cardiovascular diseases, cancer, and diabetes, and the growing demand for PUFAs are the factors accelerating the market. PUFAs are the essential fats that are not produced in the human body naturally, hence should be ingested or consumed through food, in order to enhance the metabolic processes such as cardiovascular and cognitive functions.

INCREASING PREFERENCE TOWARDS POLYUNSATURATED FATTY ACIDS (PUFAS) AGAINST SATURATED FATS IS BOOSTING THE CONSUMPTION OF PUFAS ACROSS THE GLOBE

Increasing usage of PUFAs, as a major ingredient in the processed food industries, dietary supplements, and infant nutritional products, is expected to drive the demand for PUFAs in the future. However, consumers following the recommended daily intake of PUFAs, scarcity of raw materials, increasing prices of fish oils, and high investments involved in R&D activities are some of the factors inhibiting the growth of global PUFAs market.

RISING DEMAND FOR OMEGA-6 AND OMEGA-3 FATTY ACIDS IS ACCELERATING THE GLOBAL POLYUNSATURATED FATTY ACIDS (PUFAS) MARKET GROWTH AND IS EXPECTED TO CONTINUE, DURING 2017-2022

The omega-3 fatty acid is a major part of PUFA, and its growing demand is accelerating the global polyunsaturated fatty acids (PUFA) market, which is expected to continue, during 2018-2023 (the forecast period). The docosahexaenoic acid (DHA) segment is expected to register a CAGR of XX%, during 2018-2023 (the forecast period).

The omega-6 fatty acid segment is segmented into arachidonic acid (AA) and linolenic acid (LA). 

EUROPE DOMINATES THE GLOBAL POLYUNSATURATED FATTY ACIDS (PUFAS) MARKET AND IS EXPECTED TO REGISTER A CAGR OF XX%, DURING 2018-2023

The Western European market is anticipated to register a CAGR of XX%, during 2018-2023 (the forecast period) and continue to dominate the market. This development trend owes to the increasing fisheries production, coupled with the growth of aquaculture industries in Germany, France, and the United Kingdom. With the shift of the US consumers towards krill oil and superior concentrated fish oils, coupled with the increasing consumer disposable income, North America PUFA market is expected to exhibit a significant growth, during the forecast period.

Asia-Pacific is expected to witness the highest CAGR of XX% during 2018-2023 (the forecast period), which attributes to the rapid urbanization, coupled with the changing consumer lifestyles and taste preferences in China, India and other Asian countries.

South America is expected to register a significant CAGR of XX%, during 2018-2023 (the forecast period).

Key Deliverables in the Study:

  • A five-year forecast of the global PUFA market and noted trends.
  • Offers insight into the key demographics of PUFA market trends in infant formula and fortified food and beverages that are most likely to be a key focus for innovation from 2018-2023.
  • Identifies interesting new and emerging innovation on offer in terms of omega-3 fatty acids and omega-6-fatty acids, positioning, and marketing across key food and beverage categories.
  • Understanding the PUFA market and the demand from consumers
  • Insights on the major countries/regions where the PUFA market is developing and to also identify the regions that are still untapped.
  • Market share of brands and private labels and private label growth analysis during 2018-2023

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