Polyunsaturated Fatty Acids Is Estimated To Witness High Growth Owing To Opportunity To Replace Saturated Fats

Ashish Thapa

Polyunsaturated Fatty Acids Is Estimated To Witness High Growth Owing To Opportunity To Replace Saturated Fats

Polyunsaturated fatty acids (PUFAs) are an essential part of human nutrition and help in maintaining proper heart health. PUFAs such as omega-3 and omega-6 fatty acids play important roles in brain and eye function. They help reduce inflammation and maintain cholesterol levels in the body. Increasing awareness about health benefits of consuming omega-3 and omega-6 fatty acids is fueling the demand for PUFAs in various food and beverage products.

The global Polyunsaturated Fatty Acids Market is estimated to be valued at US$ 6.36 billion in 2024 and is expected to exhibit a CAGR of 11% over the forecast period 2024-2030, as highlighted in a new report published by Coherent Market Insights.

Market Opportunity:

The growing trend of replacing saturated fats with healthier polyunsaturated fats in food products presents a major market opportunity. Saturated fats are known to increase risk of heart diseases when consumed in excess. Increasing health consciousness and changing consumer preferences have prompted food manufacturers to lower saturated fat content and raise PUFA levels in various snacks, baked goods and other packaged food items. transition to PUFA-enriched food products can help reduce preventable deaths from heart attacks and strokes. This growing demand from food industry to substitute saturated fats with omega-3 and omega-6 fatty acids is expected to drive significant growth of the polyunsaturated fatty acids market over the forecast period.

Porter's Analysis

Threat of new entrants: The polyunsaturated fatty acids market requires high R&D investment and established distribution channels. These barriers make it difficult for new companies to enter the market.

Bargaining power of buyers: Buyers have moderate bargaining power in this market due to the availability of substitute products. However, the health benefits of PUFAs give companies bargaining power over price-sensitive buyers.

Bargaining power of suppliers: A few companies dominate omega-3 and omega-6 fatty acid production, giving them strong influence over prices of raw materials. Suppliers can forward vertical integrate to gain control over the value chain.

Threat of new substitutes: New sources of omega-3 and omega-6 fatty acids from algae and transgenic plants pose a threat, though traditional marine and plant-based sources still dominate the market.

Competitive rivalry: The market has many regional and global players competing on product development, pricing and supply chain efficiency. Partnerships are common to gain access to new technologies and applications.

SWOT Analysis

Strengths: PUFAs have proven health benefits leading to increased demand. Established suppliers have economies of scale.

Weaknesses: Market depends on unstable marine harvests and fluctuations in crop yields affect prices and supply security. Processing requires energy-intensive steps.

Opportunities: Growing demand from food & beverages and pharmaceutical industries with new research on other health applications. Emerging economies offer market expansion potential.

Threats: Negative publicity around sourcing practices could impact brands. Regulations influence product approvals and labelling standards in key regions.

Key Takeaways

The global Polyunsaturated Fatty Acids Market Size is expected to witness high growth over the forecast period of 2023 to 2030, expanding at a CAGR of 11% . Growth will be driven by increasing health awareness, rising incomes, and new applications in various industries.

The North American region currently dominates the PUFAs market, accounting for over 35% of the global share. However, the Asia Pacific region is anticipated to be the fastest growing market through 2030 due to a growing middle class, westernization of diets, and expansion of end-use industries in China and India.

Key players operating in the polyunsaturated fatty acids market are Advanced, Ariba, Inc. (SAP SE), Coupa Software Inc, GEP, Procurify, Sage Intacct, Inc. (The Sage Group PLC), Sievo, SutiSoft, Inc., TOUCHSTONE GROUP PLC, VA Tech Ventures Pvt Limited (Happay), and others. These companies are focusing on new product launches, partnerships, and production capacity expansion to gain market share.

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Ashish Thapa

The Rising Demand in Polyunsaturated Fatty Acids Market is Driven by Enhanced Health Benefits

ashwini bakhade 2024-02-12

The major product types include omega-3 fatty acids such as ALA, EPA and DHA and omega-6 fatty acids such as LA and GLA. The Global Polyunsaturated Fatty Acids Market is estimated to be valued at US$ 7. Key TakeawaysKey players operating in the Polyunsaturated Fatty Acids Market Size are Advanced, Ariba, Inc. Geographically, North America holds the largest share of the polyunsaturated fatty acids market, in terms of value, followed by Europe and Asia Pacific. The fastest growing regional market for polyunsaturated fatty acids is expected to be Asia Pacific during the forecast period.

The Global Polyunsaturated Fatty Acids Market Growth Accelerated By Rising Demand For Omega-3 Fatty Acids

Pooja Khodke 2023-12-20

The global Polyunsaturated Fatty Acids Market is estimated to be valued at Us$ 6. Segment Analysis The global Polyunsaturated Fatty Acids market is dominated by the omega-3 segment, which holds a share of over 60% of the overall market. Key Takeaways The Global Polyunsaturated Fatty Acids Market Demand is expected to witness high growth over the forecast period of 2023 to 2030 supported by rising health consciousness among consumers and increasing demand for functional foods. Regional analysis: North America dominates the global Polyunsaturated Fatty Acids market and is expected to continue its lead through 2030. Key players: Key players operating in the Polyunsaturated Fatty Acids market are Koninklijke DSM N.

Asia-Pacific Polyunsaturated Fatty Acids Industry Growth Analysis by 2026 | Bis Research

BIS Research 2022-09-26

Polyunsaturated fatty acids (PUFAs) are healthy lipid molecules that consist of two or more carbon-carbon double bonds. Polyunsaturated fatty acids (PUFAs) are classified as omega-3 and omega-6 fats, essential fatty acids that the body needs for brain function and cell growth. The Asia-Pacific Polyunsaturated Fatty Acids (PUFAs) market was valued at $1. Furthermore, the PUFA market has been witnessing a shifting trend from animal-based to plant-based PUFA products. In December 2020, VivoMega announced a partnership with Bioscope Viet Nam, aiming to target the Vietnamese market of omega-3 fatty acids.

Polyunsaturated Fatty Acids Market Growth Accelerated by Rising Adoption in Food and Beverage Sector

Mia Yates 2024-01-18

Rising usage of PUFAs in supplements, functional foods, and infant formula is expected to drive the polyunsaturated fatty acids market over the forecast period. The global polyunsaturated fatty acids market is estimated to be valued at US$ 6. Segment Analysis The global polyunsaturated fatty acids market is dominated by the omega-3 fatty acids segment. Key Takeaways The Global Polyunsaturated Fatty Acids Market Size is expected to witness high growth over the forecast period of 2023 to 2030. Key players operating in the polyunsaturated fatty acids market are Advanced, Ariba, Inc.

Polyunsaturated Fatty Acids: Essential Fats for a Healthy Body

Purvaja 2024-02-28

Polyunsaturated fatty acids or PUFAs are fats that our body requires but cannot produce on its own. Types of PUFAs Health Benefits of PUFAs PUFAs and cardiovascular health PUFAs and brain health PUFAs and inflammatory conditions PUFAs and skin health PUFAs and eye health Food sources of PUFAs Omega-3 fatty acids Omega-6 fatty acids Balance of Omega-3 and Omega-6 fatty acids Tips to increase PUFA intake Conclusion What are PUFAs? Food sources of PUFAs Omega-3 fatty acids - Fatty fish (salmon, tuna, mackerel), Fish oil, Flaxseeds, Chia seeds, Soybean oil, Walnuts. Balance of Omega-3 and Omega-6 fatty acids While both omega-3 and omega-6 fatty acids are essential, excessive intake of omega-6 in relation to omega-3 from processed foods can promote inflammation. Polyunsaturated fatty acids are essential fats that supply the body with omega-3 and omega-6 fatty acids which are beneficial for heart, brain, skin and eye health.

Fatty Acids Market 2022: New Trends, Drivers and Restraints

Biswadeep 2022-01-12

Get your discounted market research reports now. id=2694&type=smp A key fatty acids market trend:Omega fatty acid supplements are increasingly being used due to rising consciousness regarding health. Omega fatty acids are present extensively in fish oils and are vital ingredients to the human body. Use of Omega-3 fatty acids and Omega-6 fatty acids help to combat diseases and improve cardiovascular health, promote healthy metabolism, reduce pain and inflammation in joints, increase optimal brain function, etc. Therefore, rising consciousness regarding health, especially for heart diseases is expected to drive the market for fatty acids.

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