NEW YORK, Oct. 16, 2023 /PRNewswire/ — The omega 3 and omega 6 market is anticipated to develop by USD 4.24 billion from 2022 to 2027, in keeping with Technavio. In addition, the expansion momentum of the market will progress at a CAGR of 7.78% in the course of the forecast interval. The rising prevalence of continual illnesses is notably driving the omega-3 and omega-6 market. However, elements reminiscent of rising concern concerning the high quality and purity of omega 3 and omega 6 merchandise might impede market progress. The market is segmented by kind (omega 6 and omega 3), software (purposeful meals and dietary supplements, toddler vitamin, pharmaceutical, pet meals and feed, and others), and geography (North America, APAC, Europe, South America, and Middle East and Africa).
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Key Segment Analysis
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The market share progress by the omega 6 section shall be vital in the course of the forecast interval. Omega 6 fatty acids are polyunsaturated fat which can be important for the conventional functioning of the human physique, together with mind improvement, stimulating hair progress, sustaining bone well being, and regulating metabolism. Oil from greens reminiscent of corn, soybean, or sunflower oil is normally discovered to include Omega 6 fatty acids. Omega 6 fatty acids are utilized by pharmaceutical corporations as an ingredient that will have a useful impact on well being. Moreover, as a main ingredient for the stimulation of pores and skin well being, omega 6 fatty acids are actually included in beauty merchandise reminiscent of lotions, lotions, and serums.
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Geographical Market Analysis
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North America is estimated to contribute 36% to the expansion of the worldwide market throughout the forecast interval. The progress within the area will be attributed to a rise in well being issues of people and advantages linked with Omega 3 fatty acids. In addition, market progress was helped by a rising inhabitants’s urge for food for preventive well being care and the flexibility of people to pay for it.
Company Insights
The omega 3 and omega 6 market is fragmented, and the businesses are deploying natural and inorganic progress methods to compete out there. The report analyzes the market’s aggressive panorama and provides data on a number of market corporations, together with AAK AB, Aker BioMarine ASA, BASF SE, Cooke Aquaculture Inc., Corbion NV, Coromega Co., Croda International Plc, GC Rieber VivoMega AS, Grontvedt AS, KD Pharma Group, Koninklijke DSM NV, Nestle SA, Nordic Naturals Inc., NOW Health Group Inc., Omega3 Innovations, Orkla Health AS, Orlo Nutrition, Ornua Co-operative Ltd., Pharma Marine AS, Polaris, RHG and Co. Inc., Stepan Co., and Vital Health Foods
View the FREE PDF Sample Report to seek out further highlights on the expansion methods adopted by corporations and their product choices.
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ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Type
Market Segmentation by Application
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
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SOURCE Technavio
