The global essential fatty acids market is estimated to be valued at more than US$ 3,300 Mn by 2017 end and is expected to expand at a CAGR of 10.0% over the forecast period. By volume, the segment is anticipated to reach 417,518 Metric Tons by 2027 end from an estimated 160,021 Metric Tons in 2017.

A higher growth as compared to other product types due to the fact that EPA and DHA concentrates are being produced and sold for a variety of applications. They are widely used in preventive medicine for chronic diseases and as a nutritional requirement for brain development in children. Among all essential fatty acid types, Omega-3 stands out with an incremental opportunity of a little more than US$ 5 Bn over the forecast period.

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According to the analysts of Future Market Insights who have come up with a new publication titled “Essential Fatty Acids Market: Global Industry Analysis and Opportunity Assessment, 2017-2027,” key players should focus on improving their horizontal integration to reduce uncertainties associated with a supply of consistent quality and quantity of raw materials. Furthermore, new players in the industry should specifically focus on incorporating more advanced processing technologies, which are not just economical but environment friendly as well. Also, our analysts have suggested that new players should venture into plant-sourced essential fatty acid manufacturing, as a large part of the world population is shifting towards vegetarian diets. Besides, consistency in quality and regular supply is the prime concern of most buyers, and companies should initially focus on entering into long-term sales contracts with prominent sustainable certified fisheries. Our team of experts have targeted various geographies and observed that Western Europe continues to be the global leader in terms of demand for essential fatty acids, and the region’s market is projected to represent remarkable incremental opportunity by the end of 2027.

Further, companies located in Latin America, MEA and Japan have better access to good quality marine based raw materials, and companies are increasingly targeting this to gain better control over their supply chains. Asia Pacific Excluding Japan is the most potent market for essential fatty acids in the near future. The global essential fatty acid market is a forte of constantly rising demand, weak supply chains, and government support and regulations. North America is the global leader in essential fatty acid manufacturing; however, Western Europe dominates in terms of consumption of essential fatty acids.

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Market segmentation

By Product

• Omega-3 Fatty Acid
  • ALA
  • DHA
  • EPA
• Omega-6 Fatty Acid
  • LA
  • ARA
• Omega-7 Fatty Acid
• Omega-9 Fatty Acid

By Application

• Dietary Supplement
• Infant Formula
• Pharmaceutical
• Food and Beverages
• Animal Food and Feed
• Cosmetics

By Source

• Marine
  • Algal and Fungus Oil
  • Fish Oil
  • Krill Oil
• Plant
  • Chia Seed Oil
  • Flax Seed Oil
  • Others
• Dairy Products

By Form

• Oil
• Syrup
• Powder
• Others

By Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• MEA

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