Global Pufa Market Overview
Global
Pufa Market size is estimated at $5.3 billion in 2020, projected to grow at a
CAGR of 7.7% during the forecast period 2021-2026. PUFA are lipid
molecules with two or more carbon-carbon double bonds that are beneficial. Oils
high in PUFA are liquid at room temperature, but their viscosity and melting
point temperature rise in inverse proportion to the temperature of the double
bond. Polyunsaturated fatty acids (PUFA) are helpful in the treatment of
hyperlipidemia. All of the necessary fatty acids are methylene-interrupted
omega 3 fatty acid and omega 6 fatty acids. Docosahexaenoic acid (DHA) and
eicosapentaenoic acid (EPA) are omega-3 fatty acids that are used to treat
hypertriglycemia driving the Global Pufa Market. Via lowering de novo
lipogenesis and enhancing -oxidation of fatty acyl CoA, n-3 PUFA decreases TG
levels by suppressing the synthesis of very low–density lipoprotein in the
liver. Obesity, metabolic disease, cardiovascular and immunological
functioning, neuronal development and neuropsychiatric diseases such
as depression and suicide risk have all been linked to PUFA status. Recent
research has shown that PUFA regulate lipid metabolism and have
antiinflammatory and anticancer properties, mostly through epigenetic
mechanisms which act as a driving factor for the Global Pufa Market. The
emergence of a health-conscious global middle class, as well as increased
concern about health and lifestyle in the historically wealthy developed world,
have substantially propelled the omega 3 fatty acid metabolism market. In
addition, numerous sectors in the food and beverage sector are benefiting from
the growing focus on health around the world thereby, driving the Global Pufa
industry.
Report Coverage
The report: “Global Pufa Market Forecast (2021-2026)”,
by Industry ARC, covers an in-depth analysis of the following segments of the Global Pufa Market.
Key Takeaways
- Global Pufa Market growth is being driven by an increase in product demand owing to the health benefits associated with omega 3 PUFA, as well as an increase in its use in the industrial sector.
- Geographically, North America Global Pufa Market held the largest revenue share of 39% in 2020 owing to increasing health concerns in the region. The scope of the Global Pufa Market for various regions will be provided in the final report.
- The Global Pufa Industry is expanding owing to emerging applications of EPA and DHA in food, dietary supplements and clinical nutrition.
- The market's growth will also be fuelled by ongoing research and advancements in omega 3 fatty acids is pushing the Global Pufa industry forward during the forecast period 2021-2026.
Global Pufa Market: Market Share (%) by Region, 2020
Global Pufa Market Segment Analysis – By Type:
Based on Type, Omega 3
Fatty Acids Segment accounted for the largest
revenue market share in 2020. Omega 3 fatty acids high in polyunsaturated fatty
acids (PUFA) improve mood and reduce depression and anxiety while also
promoting appropriate embryonic development. Omega 3 fatty acids have powerful
anti-inflammatory effects that help to prevent heart disease, Alzheimer's
disease, improve vision, and improve brain health. Omega-3 PUFA can be found in
a variety of places in nature. As it may be created and sold in a variety of
ways, this is essentially what is generating market opportunities. Omega-3 PUFA
in powder form is one of them. The major makers and distributors of omega-3
PUFA supplementation products have devised a creative method for increasing
demand for their products by informing the general public about the health
benefits of omega-3 PUFA supplements. They are increasingly promoting diets
high in omega-3 PUFAs. As omega-3 PUFA is good for the body and has a wide
range of applications - both in the health food market and in the industry - it
adds genuine value to the entire health food market by improving a wide range
of health food items, thereby, driving the Global
Pufa Industry. Omega 6 Fatty Acids segment is anticipated to grow with
the fastest CAGR of 8.4% in the forecast period 2021-2026. Omega 6 fatty acids
are a form of polyunsaturated fat found in nuts and seeds, as well as vegetable
oils. Omega-6 fatty acids, when consumed in moderation and in substitute of saturated
fats found in meats and dairy products, can be beneficial to the heart driving
the segment growth.
Global Pufa Market Segment Analysis – By Application:
Based on
Application, Pharmaceutical
accounted for the largest revenue market share in 2020. Omega 3 fatty
acid and omega 6 fatty acid are often used to treat breast cancer, high blood
pressure, osteoporosis, and breast discomfort, as well as the most common
mental condition in children and adolescents, attention deficit/hyperactivity
disorder (ADHD). In 2016, the number of children diagnosed with ADHD in the
world topped 1.5 billion, and this number is expected to rise in the next years
as a result of rising mental stress and changing lifestyles, which will likely
increase product demand in the pharmaceutical business. Also, Fish oils have
become increasingly popular in recent years due to their high omega 3 fatty
acid content, which has a number of benefits, including lowering blood
pressure, supporting eye health, improving skin, and aiding weight loss. Syrups
are experiencing substantial market growth as a result of their easy
availability and low cost creating growth opportunities for the Global Pufa
Industry. Infant
Formula is projected to witness the fastest CAGR of 7.9% during the
forecast period 2021-2026 as PUFA play an important role in an individual's
growth and development. In addition, infant formula producers have a close
relationship with healthcare providers, who advertise their brands in a variety
of hospitals. Food stamps and the special supplemental nutrition programme for
Women, Infants, and Children (WIC) are two programmes run by governments in
industrialised countries, such as the United States, that are expected to boost
demand over the projected period. Furthermore, the growth of the segment is
expected to be fuelled by the growing hectic lifestyles of the working
population, as well as rising health-consciousness among consumers.
Global Pufa Market Segment Analysis – By Geography:
Based on Geography, North America Global Pufa Market accounted for the 39% revenue share in 2020. The increased prevalence of chronic diseases, combined with customers' willingness to spend, has made improved healthcare options more readily available. Furthermore, omega 3 fatty acid anti-inflammatory function is one of the main health benefits that drives its use in the pharmaceutical business thereby, accelerating Global Pufa Industry expansion across the region. Forwarding incorporation is being used by manufacturers in this country to increase their involvement in the value chain. A new trend in this sector is expected to be the combination of processes from inbound logistics to after-sales services. This is expected to result in higher-quality and lower-cost finished goods that deliver optimal output and lifetime value. Asia-Pacific is predicted to be the fastest growing region during the forecast period 2021- 2026. The demand for omega 3 fatty acids and omega 6 fatty acids in this region is increasing as people consume more fish oil in their regular diets and become more mindful of their health. Furthermore, increasing krill fish cultivation in the South China Sea and the Indian Ocean is expected to increase demand over the projection period which propel the Global Pufa Market.
Global Pufa Market - Drivers
Increasing FDA Product Approvals:
The
growing number of regulatory approvals for omega 3 fatty acid and omega 6 fatty
acid products has had the greatest impact on overall global pufa market growth.
The US Food and Drug Administration (FDA) permitted the use of a few qualifying
health claims in June 2019. (QHC). The FDA has released QHCs that detail the
effects of EPA and DHA ingestion on human health. Omega 3 fatty acids are among
these molecules, and their appropriate use can help reduce the risk of heart
disease. Furthermore, corporations are turning to algae rather than fish to
make 100 percent EPA products, owing to the numerous benefits that algae
provide, which drives the market growth.
Global Pufa Market - Challenges
Lack Of Product Awareness:
The Global Pufa Market's growth is hampered by the
lack of product awareness in developing countries. Omega 3 fatty acid and omega
6 fatty acid (PUFA) is a relatively recent product. Its true short- and
long-term benefits for the human body, as well as its consequences on the human
body, are unknown. Furthermore, as PUFA has indirect benefits for numerous
sections of the human body, many manufacturers are discovering that they need
to conduct substantial and in-depth research and development in order to learn
enough about omega 3 fatty acid PUFA and produce safe goods. This raises
manufacturing expenses, which are ultimately passed on to the end user through
higher prices. To some extent, the increased cost of this product is limiting
demand and short-term growth potential which further restrains the Global Pufa
Market growth.
Global
Pufa Market - Landscape:
The Global Pufa Market's main strategies include product launches,
mergers and acquisitions, joint ventures, and regional expansion. Global Pufa Market top 10 companies
are Axellus, Epax, BASF SE, Cargill, DSM, OLVEA Fish Oils, Omega Protein
Corporation, GC Reiber Oils, Lonza, Croda International and Aker BioMarine.
Acquisitions/Product Launches:
- In September 2019, Epax announced a $35 million investment in its omega-3 sector innovation over the next two years. Epax will be able to increase capacity in the omega-3 sector at its main manufacturing plant in Norway as a result of this investment. It will allow for higher concentrations of EPA and DHA without causing oxidation, resulting in fewer undesirable by-products.
Related Reports:
LIST OF TABLES
1.Global Market Segmentation Market 2023-2030 ($M)1.1 By Product Type Market 2023-2030 ($M) - Global Industry Research
1.1.1 Omega-3 Fatty Acids Market 2023-2030 ($M)
1.1.2 Omega-6 Fatty Acids Market 2023-2030 ($M)
1.1.3 Polyunsaturated Fatty Acid Market 2023-2030 ($M)
1.2 By Source Market 2023-2030 ($M) - Global Industry Research
1.2.1 Animal Source Market 2023-2030 ($M)
1.2.2 Plant Source Market 2023-2030 ($M)
1.3 By Application Type Market 2023-2030 ($M) - Global Industry Research
1.3.1 Food Beverages Market 2023-2030 ($M)
1.3.2 Dietary Supplements Market 2023-2030 ($M)
1.3.3 Pharmaceuticals Market 2023-2030 ($M)
1.3.4 Animal Nutrition Market 2023-2030 ($M)
2.Global Market Segmentation Market 2023-2030 (Volume/Units)
2.1 By Product Type Market 2023-2030 (Volume/Units) - Global Industry Research
2.1.1 Omega-3 Fatty Acids Market 2023-2030 (Volume/Units)
2.1.2 Omega-6 Fatty Acids Market 2023-2030 (Volume/Units)
2.1.3 Polyunsaturated Fatty Acid Market 2023-2030 (Volume/Units)
2.2 By Source Market 2023-2030 (Volume/Units) - Global Industry Research
2.2.1 Animal Source Market 2023-2030 (Volume/Units)
2.2.2 Plant Source Market 2023-2030 (Volume/Units)
2.3 By Application Type Market 2023-2030 (Volume/Units) - Global Industry Research
2.3.1 Food Beverages Market 2023-2030 (Volume/Units)
2.3.2 Dietary Supplements Market 2023-2030 (Volume/Units)
2.3.3 Pharmaceuticals Market 2023-2030 (Volume/Units)
2.3.4 Animal Nutrition Market 2023-2030 (Volume/Units)
3.North America Market Segmentation Market 2023-2030 ($M)
3.1 By Product Type Market 2023-2030 ($M) - Regional Industry Research
3.1.1 Omega-3 Fatty Acids Market 2023-2030 ($M)
3.1.2 Omega-6 Fatty Acids Market 2023-2030 ($M)
3.1.3 Polyunsaturated Fatty Acid Market 2023-2030 ($M)
3.2 By Source Market 2023-2030 ($M) - Regional Industry Research
3.2.1 Animal Source Market 2023-2030 ($M)
3.2.2 Plant Source Market 2023-2030 ($M)
3.3 By Application Type Market 2023-2030 ($M) - Regional Industry Research
3.3.1 Food Beverages Market 2023-2030 ($M)
3.3.2 Dietary Supplements Market 2023-2030 ($M)
3.3.3 Pharmaceuticals Market 2023-2030 ($M)
3.3.4 Animal Nutrition Market 2023-2030 ($M)
4.South America Market Segmentation Market 2023-2030 ($M)
4.1 By Product Type Market 2023-2030 ($M) - Regional Industry Research
4.1.1 Omega-3 Fatty Acids Market 2023-2030 ($M)
4.1.2 Omega-6 Fatty Acids Market 2023-2030 ($M)
4.1.3 Polyunsaturated Fatty Acid Market 2023-2030 ($M)
4.2 By Source Market 2023-2030 ($M) - Regional Industry Research
4.2.1 Animal Source Market 2023-2030 ($M)
4.2.2 Plant Source Market 2023-2030 ($M)
4.3 By Application Type Market 2023-2030 ($M) - Regional Industry Research
4.3.1 Food Beverages Market 2023-2030 ($M)
4.3.2 Dietary Supplements Market 2023-2030 ($M)
4.3.3 Pharmaceuticals Market 2023-2030 ($M)
4.3.4 Animal Nutrition Market 2023-2030 ($M)
5.Europe Market Segmentation Market 2023-2030 ($M)
5.1 By Product Type Market 2023-2030 ($M) - Regional Industry Research
5.1.1 Omega-3 Fatty Acids Market 2023-2030 ($M)
5.1.2 Omega-6 Fatty Acids Market 2023-2030 ($M)
5.1.3 Polyunsaturated Fatty Acid Market 2023-2030 ($M)
5.2 By Source Market 2023-2030 ($M) - Regional Industry Research
5.2.1 Animal Source Market 2023-2030 ($M)
5.2.2 Plant Source Market 2023-2030 ($M)
5.3 By Application Type Market 2023-2030 ($M) - Regional Industry Research
5.3.1 Food Beverages Market 2023-2030 ($M)
5.3.2 Dietary Supplements Market 2023-2030 ($M)
5.3.3 Pharmaceuticals Market 2023-2030 ($M)
5.3.4 Animal Nutrition Market 2023-2030 ($M)
6.APAC Market Segmentation Market 2023-2030 ($M)
6.1 By Product Type Market 2023-2030 ($M) - Regional Industry Research
6.1.1 Omega-3 Fatty Acids Market 2023-2030 ($M)
6.1.2 Omega-6 Fatty Acids Market 2023-2030 ($M)
6.1.3 Polyunsaturated Fatty Acid Market 2023-2030 ($M)
6.2 By Source Market 2023-2030 ($M) - Regional Industry Research
6.2.1 Animal Source Market 2023-2030 ($M)
6.2.2 Plant Source Market 2023-2030 ($M)
6.3 By Application Type Market 2023-2030 ($M) - Regional Industry Research
6.3.1 Food Beverages Market 2023-2030 ($M)
6.3.2 Dietary Supplements Market 2023-2030 ($M)
6.3.3 Pharmaceuticals Market 2023-2030 ($M)
6.3.4 Animal Nutrition Market 2023-2030 ($M)
7.MENA Market Segmentation Market 2023-2030 ($M)
7.1 By Product Type Market 2023-2030 ($M) - Regional Industry Research
7.1.1 Omega-3 Fatty Acids Market 2023-2030 ($M)
7.1.2 Omega-6 Fatty Acids Market 2023-2030 ($M)
7.1.3 Polyunsaturated Fatty Acid Market 2023-2030 ($M)
7.2 By Source Market 2023-2030 ($M) - Regional Industry Research
7.2.1 Animal Source Market 2023-2030 ($M)
7.2.2 Plant Source Market 2023-2030 ($M)
7.3 By Application Type Market 2023-2030 ($M) - Regional Industry Research
7.3.1 Food Beverages Market 2023-2030 ($M)
7.3.2 Dietary Supplements Market 2023-2030 ($M)
7.3.3 Pharmaceuticals Market 2023-2030 ($M)
7.3.4 Animal Nutrition Market 2023-2030 ($M)
LIST OF FIGURES
1.US Pufa In Global Market Revenue, 2023-2030 ($M)2.Canada Pufa In Global Market Revenue, 2023-2030 ($M)
3.Mexico Pufa In Global Market Revenue, 2023-2030 ($M)
4.Brazil Pufa In Global Market Revenue, 2023-2030 ($M)
5.Argentina Pufa In Global Market Revenue, 2023-2030 ($M)
6.Peru Pufa In Global Market Revenue, 2023-2030 ($M)
7.Colombia Pufa In Global Market Revenue, 2023-2030 ($M)
8.Chile Pufa In Global Market Revenue, 2023-2030 ($M)
9.Rest of South America Pufa In Global Market Revenue, 2023-2030 ($M)
10.UK Pufa In Global Market Revenue, 2023-2030 ($M)
11.Germany Pufa In Global Market Revenue, 2023-2030 ($M)
12.France Pufa In Global Market Revenue, 2023-2030 ($M)
13.Italy Pufa In Global Market Revenue, 2023-2030 ($M)
14.Spain Pufa In Global Market Revenue, 2023-2030 ($M)
15.Rest of Europe Pufa In Global Market Revenue, 2023-2030 ($M)
16.China Pufa In Global Market Revenue, 2023-2030 ($M)
17.India Pufa In Global Market Revenue, 2023-2030 ($M)
18.Japan Pufa In Global Market Revenue, 2023-2030 ($M)
19.South Korea Pufa In Global Market Revenue, 2023-2030 ($M)
20.South Africa Pufa In Global Market Revenue, 2023-2030 ($M)
21.North America Pufa In Global By Application
22.South America Pufa In Global By Application
23.Europe Pufa In Global By Application
24.APAC Pufa In Global By Application
25.MENA Pufa In Global By Application
26.Koninklijke DSM N.V., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.BASF SE, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Croda International PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Enzymotec Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Omega Protein Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Aker BioMarine AS, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Polaris Nutritional Lipids, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.FMC Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Cargill, Incorporated, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.GlaxoSmithKline plc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.DSM, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.AZ Food additives Co., Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)