The global polyunsaturated fatty acids market size reached USD 5,743.3 million in 2022 and it is to touch a valuation of USD 6,019 million in 2023. Furthermore, with growing usage in pharmaceuticals, food & beverages, dietary supplements, infant formula, and several other applications, the overall demand for polyunsaturated fatty acids is slated to grow at 5.4% CAGR between 2023 and 2033, totaling a valuation of USD 9,717.8 million by 2033.
Polyunsaturated fatty acids are essential fatty acids that the body needs for brain function and cell growth. These fatty acids cannot be made by human bodies. As a result, they must be taken in through diets.
Polyunsaturated fatty acids include omega-3 fatty acids and omega-6 fatty acids. They have become an ideal replacement for saturated and trans fats, and offer numerous health benefits. PUFAs reduce triglycerides, prevent arrhythmia, lower blood pressure, control blood sugar, and reduce the risk of diabetes.
Besides this, PUFAs help in brain development, improve the body’s ability to absorb fat-soluble vitamins and develop and maintain the body’s cells. As a result, there has been a sharp rise in demand for products containing polyunsaturated fatty acids during the last few years and the trend is likely to continue during the forecast period.
Similarly, the rising prevalence of chronic diseases such as cardiovascular diseases, cancer, stroke, and diabetes and increased consumption of polyunsaturated fatty acids in various end-use industries are expected to push sales during the next ten years.
| Attribute | Key Statistics |
|---|---|
| Polyunsaturated Fatty Acids Market Base Value (2022A) | USD 5,743.3 million |
| Estimated Market Size (2023E) | USD 6,019 million |
| Projected Market Size (2033F) | USD 9,717.8 million |
| Value-based CAGR (2023 to 2033) | 5.4% |
| Collective Value Share: Top 3 Countries (2023E) | More than 28.5% |
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The global polyunsaturated fatty acids market size is forecast to grow at 5.4% CAGR between 2023 and 2033, in comparison to the 4.8% CAGR registered during the historical period of 2018 to 2022.
Factors such as a surge in cardiovascular diseases, rising awareness about the health benefits of PUFAs, and increasing consumption of products with omega-3 fatty acids are driving growth in the global polyunsaturated fatty acids market.
Polyunsaturated fatty acids are essential fatty acids for the human body as they play a key role in improving the overall metabolic process and enhancing cognitive functions. Growing consumer inclination toward high-nutritional products is playing a crucial role in boosting sales of polyunsaturated fatty acids.
Today, manufacturers of food & beverages, dietary supplements, infant formulas, pharmaceuticals, and animal feeds are increasingly adding polyunsaturated fatty acids to their products to make them more nutritious. As human bodies cannot make these fatty acids themselves, they need to be taken through these products.
Thus, rising production and consumption of products containing polyunsaturated fatty acids are projected to continue to boost market growth during the forecast period.
Several multinational companies have established and integrated value chains involved in manufacturing raw materials and supplying omega acids as finished products. These companies can integrate across multiple stages of the value chain, maintain a continuous supply of raw materials, and keep manufacturing costs low.
Growth Awareness About Health Benefits of the Polyunsaturated Fatty Acids Fueling Demand in the Market
A significant demand has been generated by the recent recognition of the beneficial health effects of PUFAs. The ingredient is utilized in medications, functional foods, and dietary supplements.
Recent clinical investigations indicate that PUFA consumption largely promotes cardiovascular health and several other bodily processes. The demand for long-chain PUFAs is being fueled by the rising understanding of the benefits of omega fatty acids and the significance of essential fatty acids.
Omega fatty acids, which must be provided externally through omega-3-rich diets or dietary supplements because they cannot be synthesized by the body, have gained surprising popularity in recent years.
Fish oil is the main source of polyunsaturated fatty acids. The exploration of new sources to extract PUFAs has been aided by the recent evolution in market trends, such as the listed ingredients. For people eating vegetarian diets, two excellent sources of this fatty acid are flax seeds and algae oil. In the coming years, it is anticipated that the newly developed techniques and research are expected to support the health claims made for PUFAs.
Technological Advancements to Support the Growth of the Global Polyunsaturated Fatty Acids Market
The constant advancements in technology that boost the delivery and absorption of omega-3 fatty acids in the body are one of the main drivers of market expansion. Due to their inconsistent absorption rate and low bioavailability, the development of lipid-based supplements is still a difficult task.
Numerous studies indicate that several factors may restrict the body's ability to absorb omega-fatty acids. The major market companies are pouring a lot of money into research and development to incorporate technology that is expected to increase the body's ability to absorb polyunsaturated fatty acids.
Furthermore, the demand for the product is estimated to increase as a result of improvements in processing methods that make it possible to extract omega-3 from brand-new sources. All these factors are expected to create opportunities for polyunsaturated fatty acids during the forecast period.
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Organoleptic Properties and Other Process-related Challenges Negatively Affecting the Global Polyunsaturated Fatty Acids Market
Fish and krill are the main marine sources of polyunsaturated fatty acids. The process of extracting omega-3 from marine sources has evolved in recent years. There are several process-related challenges faced by manufacturers that are hindering market growth. Omega-3 is sourced from marine sources and has a fishy odor and taste, resulting in an unpleasant sensation.
In addition, high temperatures during processing can also affect product quality. The process of extracting and refining omega-3 fatty acids from hydrological sources produces an excess amount of waste, and contamination of the extracted product can limit its quality and purity. The challenge of producing high-quality, highly refined products is expected to hinder the growth of the market in the upcoming years.
Surge in Cardiovascular Diseases Pushing Demand for Polyunsaturated Fatty Acids in the United States
| Country | The United States |
|---|---|
| Market Share % (2023) | 12.8% |
According to Future Market Insights, the United States is expected to continue to dominate the North American polyunsaturated fatty acids market with a significant value share in terms of consumption. Growth in the United States polyunsaturated fatty acids market is driven by rising usage of polyunsaturated fatty acids across rapidly expanding industries such as food and beverage, pharmaceutical and nutraceutical, increasing prevalence of cardiovascular disorders, and growing consumer awareness about the benefits of PUFAs.
Consumers in the United States frequently use high-nutritional products for general wellness. Therefore, to increase their customer base, various manufacturers use components like polyunsaturated fatty acids in their products.
The market's expansion is expected to also be aided by the reasonable presence of major important producers of commodities with polyunsaturated fatty acid end-use applications in this area.
Rising Consumption of Foods Containing Polyunsaturated Fatty Acids Fueling Market Growth in Germany
| Country | Germany |
|---|---|
| Market Share % (2023) | 7.2% |
Germany is projected to reach an estimated value share of 7.2% in the global polyunsaturated fatty acids market by the end of 2023. Growth in the market is driven by the rapid consumption of foods containing polyunsaturated fatty acids
These fatty acids are consumed in large quantities as a result of the recent major growth in aquaculture and fisheries production. Along with this, the sales of nutraceuticals with polyunsaturated fatty acid infusions have surged, giving this industry a slight boost.
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Marine Segment to Hold Largest Revenue Share
As per FMI, the marine segment is expected to continue to hold the largest revenue share of the global polyunsaturated fatty acids market during the forecast period, owing to the growing popularity of krill oil across various industries.
Traditionally, fish oil has been the primary source for omega-3 fatty acid extraction due to its rich content. Due to direct consumption demand, declining fish populations are calling for more sustainable alternatives to fish sources. Krill oil has gained a lot of attention in recent years as an alternative to fish sources for its omega-3 fatty acid content.
Krill oil contains approximately 30-40% EPA and DHA and is widely recognized as a rich source of these products and carotenoids. Seaweed is also generally recognized as safe by the FDA and serves primarily as a vegetarian option. Algae contain only DHA, while krill oil and fish oil contains both EPA and DHA.
However, with growing consumer inclination toward plant-based diets and a rise in the vegan population, the plant segment is likely to register a higher growth rate during the forecast period. It is estimated that in future years, manufacturers are expected to focus on deriving PUFAs from plant sources like chia seed oil and flax seed oil.
As per FMI, the omega-3 polyunsaturated fatty acids segment is growing at a moderate rate due to the high consumption of omega-3 in dietary supplements and pharmaceuticals worldwide, and the trend is likely to continue during the assessment period.
Since the human body does not produce Omega-3 fatty acids naturally, one must increase the intake of different plant and animal sources. These essential fatty acids are vital for improving metabolic activities such as cardiovascular and cognitive function.
As a result, omega-3 acceptance has increased due to the increased awareness and availability of omega-3 fatty acids in the market. Global rise in lifestyle diseases such as CVD, CHD, rheumatoid arthritis, Parkinson's disease, and other persistent diseases are therefore expected to boost the PUFA omega-3 market in the world.
Pharmaceutical manufacturers use omega-3 as ingredients in medicines that are primarily used to treat numerous diseases. Increased health awareness among individuals and a wide range of omega-3 products is expected to further support the growth of the omega-3 fatty acids segment.
To meet the growing demand for polyunsaturated fatty acids, manufacturers have shifted their focus toward emerging countries in recent years. Several major players are concentrating primarily on improving their production capabilities, Research and Development investments, collaborative partnerships, and mergers and acquisitions. For instance,
| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | USD 6,019 million |
| Projected Market Size (2033) | USD 9,717.8 million |
| Anticipated Growth Rate (2023 to 2033) | 5.4% |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD million for Value and Kilo Tons for Volume |
| Key Regions Covered | North America; Latin America; East Asia; Europe; South Asia & Pacific; Middle East & Africa (MEA) |
| Key Countries Covered | The United States, Canada, Germany, Italy, Spain, France, Russia, The United Kingdom, China, Japan, South Korea, India, Oceania, Association of Southeast Asian Nations, Brazil, Mexico, GCC Countries, KSA, South Africa |
| Key Segments Covered | Product Type, Source, Application, Form, and Region |
| Key Companies Profiled | Koninklijke DSM N.V.; BASF SE; Croda International PLC; Enzymotec Ltd.; Omega Protein Corporation; Aker BioMarine AS; Polaris Nutritional Lipids; FMC Corporation; Cargill, Incorporated; GlaxoSmithKline plc. |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The market is estimated to secure a valuation of USD 6,019 million in 2023.
From 2018 to 2022, the market grew at a CAGR of 4.8%.
A rising understanding of the benefits of omega fatty acids and the significance of essential fatty acids drives the market.
The challenge of producing high-quality, highly refined products will hinder the market's growth in the upcoming years.
India, Japan, and China dominate the Asian market.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. Omega-3 Fatty Acids 5.1.1. Alpha-Linolenic Acid (ALA) 5.1.2. Docosahexaenoic Acid (DHA) 5.1.3. Eicosapentaenoic Acid (EPA) 5.2. Omega-6 Fatty Acids 5.2.1. Linolenic Acid (LA) 5.2.2. Arachidonic Acid (AA) 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Source 6.1. Marine 6.1.1. Algal and Fungus Oil 6.1.2. Fish Oil 6.1.3. Krill Oil 6.2. Plant 6.3. Chia Seed Oil 6.4. Flax Seed Oil 6.5. Other 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 7.1. Dietary Supplement 7.2. Infant Formula 7.3. Pharmaceuticals 7.4. Food and Beverages 7.5. Animal Food and Feed 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Form 8.1. Oil 8.2. Syrup 8.3. Softgel and Capsule 8.4. Other 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 9.1. North America 9.2. Latin America 9.3. Western Europe 9.4. Eastern Europe 9.5. South Asia and Pacific 9.6. East Asia 9.7. Middle East and Africa 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 17. Key Countries Market Analysis 18. Market Structure Analysis 19. Competition Analysis 19.1. Koninklijke DSM N.V. 19.2. BASF SE 19.3. Croda International PLC 19.4. Enzymotec Ltd. 19.5. Omega Protein Corporation 19.6. Aker BioMarine AS 19.7. Polaris Nutritional Lipids 19.8. FMC Corporation 19.9. Cargill, Incorporated 19.10. GlaxoSmithKline plc. 20. Assumptions & Acronyms Used 21. Research Methodology
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Polyunsaturated Fatty Acids Market
