Market Size of South 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 | 11.56 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Omega-3 PUFA Market Analysis
The South American omega-3 PUFA market is projected to record a CAGR of 11.56% during the forecast period, 2020-2025.
- Currently, South America is the smallest yet fastest-growing market for omega-3 PUFA, with the growth of the pharmaceutical sector and increase in fortified food products in the region.
- The major drivers of the market are the increased demand for omega-3 PUFA from infant formula applications, increased fortification in food products, growing consumer health awareness, increased overweight and obesity among people, and growing disposable income levels.
