South America Omega3 PUFA Market - By Product Type, Application and Geography-Market Shares, Forecasts and Trends 2017 - 2022

  • ID: 4387139
  • Report
  • Region: South America
  • 93 pages
  • Mordor Intelligence
1 of 4
The South America Omega3 PUFA market stands at USD XX million in 2016 and is expected to reach USD XX million by 2021 growing at a CAGR of XX% during the forecasted period 2016-2021.

South America Omega3 PUFA Market Dynamics

South America is currently, the smallest but fastest growing market for Omega3 PUFA with the increase in the pharmaceutical sector and fortified foods in the region. Brazil and Mexico are the major markets in the region.

The major drivers for the market are the increased demand in infant formula applications of Omega3 PUFA, increase fortification in food products, growing consumer health awareness, increased overweight and obesity among people and growing disposable income. New sources of production such as krill oil and algae oil are creating good opportunities for the market. The high production cost, high capital investment and costly raw materials such as fish are the restraints for the market. Low consumer awareness of the nutritional benefits of PUFA and DHA is also affecting the market. Also, the stringent government labeling regulations are hindering the growth of the market.

South America Omega3 PUFA Market Segmentation

In the application market Omega3 PUFA is segmented into food, dietary supplements, pharmaceuticals and animal and pet nutrition. The food application market is divided into infant nutrition and fortified foods and beverages products of which infant nutrition have the major share in the market. The market segmentation according to the type of Omega3 PUFA is divided into ALA, DHA and EPA. The market segmentation on the type of source includes marine or animal source and plant source. The plant source of production accounts for 52% while animal source accounts for 48% of the market share due to the cost factor.

Key Players in the South American Omega3 PUFA Market

The key players in the market are DSM, BASF, Cargill, Suntory, Arista Industries Inc, FMC Corporation and Clover Corporation amongst others.
READ MORE
Note: Product cover images may vary from those shown
2 of 4
1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definitions
2. Research Approach and Methodology
2.1 Introduction
2.2 Research Design
2.3 Study Timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering & Econometric Modelling
2.4.4 Expert Validation
3. Market Overview
3.1 Market Dynamics
3.1.1 Drivers
3.1.1.1 Increased Obesity and Overweight Ratio in the Region
3.1.1.2 Enhanced Demand of Fortified and Functional Food
3.1.1.3 Health Benefits of Omega3 PUFA
3.1.1.4 Increased Middle Class Economy
3.1.2 Restraints
3.1.2.1 Government Regulation towards Labeling Claim
3.1.2.2 High Manufacturing Cost
3.1.2.3 Volatility in Raw Material Price
3.1.2.4 Poor Consumer Understanding of PUFA
3.1.3 Opportunities
3.1.3.1 Essential FA to Meet the Nutritional Gap
3.1.3.2 New Source of Omega3 PUFA Production such as Krill and Squid
3.1.4 Porter Five Forces Analysis
3.1.4.1 Bargaining Power of Suppliers
3.1.4.2 Bargaining Power of Buyers
3.1.4.3 Threat of New Entrants
3.1.4.4 Threat of Substitute Products and Services
3.1.4.5 Degree of Competition
4. Market Segmentation
4.1 By Type
4.1.1 EPA
4.1.2 ALA
4.1.3 DHA
4.2 Application Type
4.2.1 Food and Beverages
4.2.1.1 Infant Formula
4.2.1.2 Fortified Foods & Beverages
4.2.2 Dietary Supplements
4.2.3 Pharmaceuticals
4.2.4 Animal Nutrition
4.3 By Source
4.3.1 Animal Source
4.3.1.1 Fish Oil
4.3.1.2 Algae Oil
4.3.1.3 Krill Oil
4.3.1.4 Others (Egg Oil, Tuna, Shark, Squid)
4.3.2 Plant Source
4.3.2.1 Chia Seed
4.3.2.2 Flax Seed
4.3.2.3 Hemp Seed
4.3.2.4 Others (Canola, Perilla, Walnut)
4.4 By Geography
4.4.1 South America
4.4.1.1 Brazil
4.4.1.2 Argentina
4.4.1.3 Others
5. Competitive Landscape
5.1 Strategy Adopted by Key Players
5.2 Most Active Companies in the Past Five Years
5.3 Market Share Analysis
6. Company Profiles
6.1 Arista Industries Inc.
6.2 DSM
6.3 BASF
6.4 Cargill
6.5 Suntory
6.6 Croda Inc.
6.7 FMC Corporation
6.8 Omega Protein Corporation
6.9 Copenica ASA
6.10 PronovaBioPharma ASA
6.11 Clover Corporation
6.12 Guangdong Runke
6.13 Cayman Chemicals
6.14 A&Z Food Additives Co. Ltd.
6.15 Kingdomway
7. Appendix
7.1 Disclaimer
7.2 Sources
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
Note: Product cover images may vary from those shown
Adroll
adroll