– Key companies featured in the Omega-3 Fatty Acids Market Report include Royal DSM NV, Evonik, BASF SE, Lonza, Epax, Croda International, Plc., Cargill, Inc., Golden Omega, Corbion, and Polaris

PUNE, India, May 27, 2020 / PRNewswire / – The global omega-3 fatty acids market size is projected to reach $ 1.92 billion by the end of 2027. The increasing awareness of the benefits of these products will show in favor of market growth. The increasing integration of omega-3 fatty acids in dietary supplements will be a good sign for the market in the years to come. According to a report published by Fortune Business Insights entitled “Omega-3 Fatty Acids Market Size, Share, and Industry Analysis, By Source (Concentrates, Fish Oil, Algae Oil, Krill Oil, and Other Herbal Sources), Application (Dietary Supplements, Functional / Fortified Foods, Infant Formula.)” , Pharmaceuticals as well as Pet Food and Feed) and Regional Forecast (2020-2027): “The market was valued at USD 1.45 billion in 2019 and will have a CAGR of 3.89% in the 2020 forecast period -2027.

Omega-3 Fatty Acids Market Analysis, Insights, and Forecasts, 2016-2027

Global COVID-19 impact analysis:

The advent of COVID-19 has brought the world to a standstill. We understand that this health crisis is having a cross-industry impact on businesses. But that too will pass. Increased support from governments and multiple companies can help in the fight against this highly contagious disease. Some industries are having problems and others are thriving. Overall, almost every sector is expected to be affected by the pandemic.

We continuously strive to support and grow your business during COVID-19 pandemics. Based on our experience and expertise, we offer you a cross-industry impact analysis of the coronavirus outbreak to prepare you for the future.

To determine the short term and long term effects of COVID-19 on this market,

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The Key Companies List featured in the Omega-3 Fatty Acids Market research report is:

  • Royal DSM NV (Netherlands)
  • Evonik (Germany)
  • BASF SE (Germany)
  • Lonza (Switzerland)
  • Epax (Norway)
  • Croda International, Plc (United Kingdom)
  • Cargill, Inc. (United States)
  • Golden Omega (Chile)
  • Corbion (Netherlands)
  • Polaris (United States)

Omega-3 fatty acids found in food sources such as fish and flaxseed. These products are considered an important source for the human body and have been in massive demand in recent years. The increasing demand for the product will have a massive impact on the growth of the overall market in the coming years. The high investments in the extraction of omega-3 fatty acids offer the market several growth opportunities.

The corona virus outbreak has created a huge gap between supply and demand in the face of business closings around the world. In addition, strict measures to minimize the spread of the disease have adversely affected overall market growth in 2020. Because of the heavy losses, companies will try to develop outstanding strategies to help them make up for economic losses.

Get More Insight From Omega-3 Fatty Acids Market Research Report:

https://www.fortunebusinessinsights.com/industry-reports/omega-3-fatty-acids-market-100248

Increasing FDA approvals are a good sign for the market

The report encompasses several factors that have contributed to the overall market growth over the past several years. It highlights the impact of recent strategies that large companies have put in place to generate significant revenue. Of all the factors, the increasing number of regulatory approvals in recent years has had the greatest impact on the growth of the overall market. in the June 2019The U.S. Food and Drug Administration announced that it has approved the use of some Qualified Health Claims (QHC). The FDA announced that QHCs indicate the effects of EPA and DHA consumption on human health. Omega-3 fatty acids contain these substances and their regulated use can help reduce the risk of heart disease. This product can also reduce the risk of high blood pressure and heart disease, and their consumption in controlled amounts can be of paramount importance to human health and wellbeing. The report underscores the importance of FDA approvals for overall market growth in the years to come.

North America Appear dominant; Raising awareness of the benefits of the product will fuel market growth

The report analyzes the current market trends over North America, Europe, Asia Pacific, Latin America, and the middle East & Africa. Among these regions, the market is in North America Currently the market dominates dominates the market. The increasing awareness of the consumption of the product and its health benefits will lead to wider product adoption. As of 2019, the market is in North America was worth USD 587.12 million and this value is expected to continue to rise in the years to come. The market in Asia Pacific will see significant growth due to the presence of several large companies in the region.

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Industry developments:

September 2019: Polaris announced the launch of a new highly concentrated, highly purified omega-3 algae oil that is suitable for vegans and vegetarians, GMO-free and allergen-free.

Detailed table of contents:

  • introduction
    • Scope of research
    • Market segmentation
    • Research methodology
    • Definitions and Assumptions
  • Summary
  • Market dynamics
    • Market leader
    • Market restrictions
    • Market opportunities
    • New trends
  • Important insights
    • Overview of the parent / related markets
    • Industry SWOT analysis
    • Supply chain and regulatory analysis
    • Recent industry developments – policies, partnerships, new resource introductions, and mergers and acquisitions
  • Global Omega-3 Fatty Acids Market Analysis, Insights, and Forecasts, 2016-2027
    • Main results / summary
    • Market size estimates and forecasts
      • According to source
        • Concentrates
        • Fish oil
        • Algae oil
        • Krill oil
        • Other plant source
      • After application
        • Food supplements
        • Functional / Forified Foods
        • Infant formula
        • Pharmaceuticals
        • Pet Food & Pet Foo
      • By region
        • North America
        • Europe
        • Asia Pacific
        • South America
        • middle East & Africa
  • Omega-3 Fatty Acids Market Analysis, Insights, and Forecasts in North America, 2016-2027
    • Main results / summary
    • Market size estimates and forecasts
      • According to source
        • Concentrates
        • Fish oil
        • Algae oil
        • Krill oil
        • Other plant sources
      • After application
        • Food supplements
        • Functional / Forified Foods
        • Infant formula
        • Pharmaceuticals
        • Animal feed & pet food
      • By country (value)

Table of contents continued … !!!

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