April 07, 2020
According to the research report titled ‘Fatty Acids Market Size For Food Applications By Product), By Type By Application (Food & Beverages, Dietary Supplement, Infant Formula, Others, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’, available with Market Study Report LLC, the global fatty acids market is expected to surpass USD 1.2 trillion by the year 2025.
Growing preference for natural antioxidants along with increasing awareness pertaining to healthy lifestyle are major factors driving the fatty acids market growth. Addition of fatty acids such as Omega-3 and 6 in dietary supplements and food products improves cardiovascular health, enhances metabolism and reduces inflammation. Rising adoption of the product along with evolving lifestyle are aiding the market expansion.
As per the product type, Omega-3 fatty acids market segment exceeded USD 310 billion in 2018 and is expected to register consistent growth in the forthcoming years. There has been an upsurge in demand for natural growth promoters in snacks, bakery products and dietary supplements. These polyunsaturated fatty acids comprise of superior antioxidants which aid in brain development and cellular growth. Increasing awareness pertaining to health benefits of Omega 3 fatty acids along with technological advancements are fueling the segmental growth.
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The report states that the dietary supplements application segment of North America fatty acids industry is presumed to surpass USD 230 billion by 2025. Omega 3 dietary supplements improve the cardiovascular health as well as the heart health. The product is necessary of various body functions including muscle activity, cell growth and digestion. Growing inclination towards weight management diet and rising concerns regarding cardiovascular diseases are stimulating the overall industry outlook.
Meanwhile, the food & beverage application of fatty acids in Europe is expected to cross USD 100 billion by the year 2025. Food products containing Omega fatty acids provide better health benefits and play a significant role in overall functionality and development of the body. Surging preference for protein & nutrient rich food products and rising innovation in food industry are facilitating the business scenario in Europe.
The prominent companies operating in fatty acids market are Algarithm Ingredients Inc., Qualitas Health Inc., ADM, Goerlich Pharma GmbH, Twin River Technologies, Palm Oleo Sdn. Bhd., IOI Oleochemicals, DEVA Nutrition, Microrganics International Pty. Ltd., Peter Cremer Holding GmbH & Co. KG, Oleon N.V., Omega Protein Corp., DSM and BASF SE.
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