Omega-3 PUFA Market Size to Reach USD 11.71 Billion in 2028 | Increasing Use of Omega-3 PUFA as a Vital Component in Infant Formula is a Key Factor Driving Industry Demand, Says Emergen Research
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DHA is primarily concentrated in the grey matter of the brain and in the retina's outer rod segments. Its several benefits lead participants in this market to implement business strategies, including new product launches and investing in marketing and advertisements to make consumers aware of DHA's benefits in infant formula and its importance in children's diet. Moreover, companies are switching from fish to plant-based products to provide 100% EPA products and customized functional food portfolios to the consumers because of the various health benefits offered by algae. This trend is expected to drive growth of this segment.
The demand for plant-based omega-3 fatty acids is also increasing because consumers are adopting a vegan lifestyle and current constraints in deep sea fishing and ecological concerns. Plant-based omega-3 fatty acids are more sustainable and deliver significant benefits. Adaption of algae, an alternative source to fish, is anticipated to witness robust growth in the plant-based omega-3 fatty acids market. Manufacturers are incorporating chia seeds, flaxseeds, hemp seeds, canola oil, walnuts in fortified foods.
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Emergen Research has segmented omega-3 PUFA market in terms of type, source, application, and region:
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