APAC Omega-3 PUFA Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 8.20 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
APAC Omega-3 PUFA Market Analysis
The Asia-Pacific Omega-3 PUFA Market is projected to grow at a CAGR of 8.2% during the forecast period.
- Rising disposable income in developing regions, such as the Asia Pacific is also one of the major reasons for the increase in spending on any food or supplement, which is positioned as healthy including omega-3 supplements.
- Manufacturers and suppliers involved actively in the supply chain of omega-3 in the Asia-Pacific region are making strategic efforts to ensure a gradual flow of information regarding the health benefits associated with omega-3 enriched diets, which has largely and positively affected the sales of omega-3 ingredients in the developing regions.
APAC Omega-3 PUFA Market Trends
This section covers the major market trends shaping the APAC Omega-3 Pufa Market according to our research experts:
Increased Application in Dietary Supplements
Consumers are understanding the importance of incorporating supplements in their
regular diets. Omega-3 containing dietary supplements are proving to be a major attraction for almost every manufacturer, owing to their assistance in maintaining bone health, heart health and preventing hypertension, breast, prostate, and colon cancer, and even skin and eye-related disorders in both the geriatric as well as younger population segments. Healthcare professionals and physicians are also recommending omega-3 dietary supplements to their patients. This can be attributed to the robust growth of the omega-3 product market over the forecast period
China Holds the Maximum Share in Market
China is the largest market owing to the strong manufacturing base, increasing middle-class population, disposable income, and health awareness are fueling the consumption of EPA and DHA ingredients in China. The high birth rate and the recent abolition of the one-child policy in China are expected to fuel the demands for DHA-based ingredients for infant nutritional formulae. Infant formulae followed by dietary supplements are two major application areas in the Chinese EPA and DHA market. The dietary supplements sector in the China marketplace is expected to emerge as a lucrative application sector for EPA and DHA ingredients amid an increase in discretionary spending.
APAC Omega-3 PUFA Industry Overview
The Asia-Pacific Omega-3 PUFA Market is consolidated and major companies hold maximum share in the market. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. The key players in the market are BASF SE, Corbion N.V, and Koninklijke DSM N.V. among others.
APAC Omega-3 PUFA Market Leaders
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BASF SE
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Corbion N.V
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Koninklijke DSM N.V.
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Croda International Plc
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KD Pharma Group
*Disclaimer: Major Players sorted in no particular order
APAC Omega-3 PUFA Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions & Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Docosahexaenoic Acid (DHA)
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5.1.2 Eicosapentaenoic Acid (EPA)
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5.1.3 Alpha-Linolenic Acid (ALA)
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5.1.4 Others
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5.2 By Application
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5.2.1 Food and Beverages
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5.2.1.1 Functional Food and Beverages
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5.2.1.2 Infant Nutrition
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5.2.2 Dietary Supplements
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5.2.3 Pharmaceuticals
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5.2.4 Animal Nutrition
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5.3 Geography
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5.3.1 Asia Pacific
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5.3.1.1 China
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5.3.1.2 Japan
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5.3.1.3 India
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5.3.1.4 Australia
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5.3.1.5 Rest of Asia Pacific
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 BASF SE
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6.4.2 Corbion N.V
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6.4.3 Koninklijke DSM N.V.
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6.4.4 Croda International Plc
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6.4.5 KD Pharma Group
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6.4.6 Clover Corporation Ltd
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
APAC Omega-3 PUFA Industry Segmentation
The Asia-Pacific Omega-3 PUFA Markethas been segmented by type into Docosahexaenoic acid (DHA), Eicosapentaenoic acid (EPA), Alpha-Linolenic Acid (ALA) and others. Based on the application, the market is divided into food and beverage, dietary supplements, pharmaceuticals, and animal feed. The food and beverage segment is further bifurcated into functional food and beverage, and infant nutrition. Also, the study provides an analysis of the omega 3 PUFA market in regions such as China, Japan, India, Australia and the rest of Asia-Pacific.
| By Type | |
| Docosahexaenoic Acid (DHA) | |
| Eicosapentaenoic Acid (EPA) | |
| Alpha-Linolenic Acid (ALA) | |
| Others |
| By Application | ||||
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| Dietary Supplements | ||||
| Pharmaceuticals | ||||
| Animal Nutrition |
| Geography | |||||||
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APAC Omega-3 PUFA Market Research FAQs
What is the current Asia-Pacific Omega3 PUFA Market size?
The Asia-Pacific Omega3 PUFA Market is projected to register a CAGR of 8.20% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Omega3 PUFA Market?
BASF SE, Corbion N.V, Koninklijke DSM N.V., Croda International Plc and KD Pharma Group are the major companies operating in the Asia-Pacific Omega3 PUFA Market.
What years does this Asia-Pacific Omega3 PUFA Market cover?
The report covers the Asia-Pacific Omega3 PUFA Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Omega3 PUFA Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
APAC Omega-3 PUFA Industry Report
Statistics for the 2023 APAC Omega-3 PUFA market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. APAC Omega-3 PUFA analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
