Global Omega-3 PUFA Market to Reach $18.2 Billion by 2030
The global market for Omega-3 PUFA estimated at US$7.4 Billion in the year 2022, is projected to reach a revised size of US$18.2 Billion by 2030, growing at a CAGR of 11.9% over the analysis period 2022-2030. Docosahexaenoic Acid (DHA), one of the segments analyzed in the report, is projected to record 9.9% CAGR and reach US$8.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Eicosapentaenoic Acid (EPA) segment is readjusted to a revised 14.7% CAGR for the next 8-year period.The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 15.3% CAGR
The Omega-3 PUFA market in the U.S. is estimated at US$2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.2 Billion by the year 2030 trailing a CAGR of 15.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.2% and 9.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.2% CAGR.Select Competitors (Total 11 Featured) -
- Arista Industries Inc.
- Cargill, Inc.
- Croda International PLC
- FMC Corporation
- Gc Rieber Oil
- Omega Protein Corporation
- Pharma Marine AS
- Polaris
- Royal DSM NV
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
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Report Attribute | Details |
---|---|
No. of Pages | 229 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 7.4 Billion |
Forecasted Market Value ( USD | $ 18.2 Billion |
Compound Annual Growth Rate | 11.9% |
Regions Covered | Global |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned
A selection of companies mentioned in this report includes:
- Arista Industries Inc.
- Cargill, Inc.
- Croda International PLC
- FMC Corporation
- Gc Rieber Oil
- Omega Protein Corporation
- Pharma Marine AS
- Polaris
- Royal DSM NV