About Essential Fatty Acids
The essential fatty acids are fatty acids that cannot be produced within the human body, and hence must be obtained from the diet. Dietary fat is an essential source of energy and a crucial part of the human diet. There are two families of essential fatty acids that exist in nature i.e. omega-3 and omega-6. These vital fatty acids help support the cardiovascular, reproductive, immune, and nervous systems and they also help the brain develop and the sensory systems mature. The rising preference towards healthy nutrition and changing lifestyles are the factors driving the market growth.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Essential Fatty Acids market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BASF SE (Germany), FMC Corporation (United States), The Dow Chemical Company (United States), Koninklijke DSM NV (Netherlands), Enzymotec Ltd. (Israel), Croda International Plc (United Kingdom), Omega Protein Corporation (United States), Aker BioMarine AS (Norway), Polaris Nutritional Lipids (France) and Cargill, Incorporated (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Arista Industries (United States), Nutrifynn Caps, Inc. (United States) and Sea Dragon Ltd. (New Zealand).
Segmentation Overview
AMA Research has segmented the market of Global Essential Fatty Acids market by Type (Omega-6 and Omega-3), Application (Cosmetics, Infant Formula, Animal Food and Feed, Dietary Supplements, Food and Beverages and Pharmaceuticals) and Region.
On the basis of Type, Omega-3 are dominating the market in the year 2023 where as Omega-6 stood as second largest market share.
On the basis of geography, the market of Essential Fatty Acids has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Form, the sub-segment i.e. Powder will boost the Essential Fatty Acids market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Plant will boost the Essential Fatty Acids market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing R&D in Essential Fatty Acids Product
Market Growth Drivers:
Increasing Demand and Awareness among Consumers and Rising Inclination towards Natural Health Products
Challenges:
Side Effects of Essential Fatty Acids Supplementation
Restraints:
Lack of Awareness in Underdeveloped Nations
Opportunities:
Essential Fatty Acids Deficiency Owing To Modern Dietary and Lifestyle Choices
Market Leaders and their expansionary development strategies
On Aug 27, 2019 - Royal DSM, a global science-based company in Nutrition, Health, and Sustainable Living, has completed the creation of a 75/25 joint venture (JV) with Nenter & Co., Inc. The JV acquired all Nenter’s Jingzhou Vitamin E production and related assets.
On Aug 7, 2019 - Cargill’s sustainable, plant-based alternative to omega-3 fish oil approved for US cultivation. USDA deregulation of proprietary canola gives aqua farmers and feed manufacturers access to the sustainable aquafeed sources.
Key Target Audience
Essential Fatty Acids Providers, Suppliers of Essential Fatty Acids Products, Food Industry, Pharmaceuticals Industry, Governmental Bodies and Research Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.