Omega-3 PUFA Market Size, Share, Growth Analysis, By Type(Marine Source and Plant Source), By Source(High Concentration, Medium Concentration, and Low Concentration), By Concentration(Supplements & Functional Foods, Pharmaceuticals, Infant Formula, Animal Feed & Pet Food and others), By Region - Industry Forecast 2024-2031

Omega-3 PUFA Market Drivers

Growing Awareness of Omega-3 Benefits to Bolster Market Growth

• An important factor driving the demand for omega-3 polyunsaturated fatty acids is the growing public knowledge of the health advantages of these fats. The market for omega-3 polyunsaturated fatty acids is also being driven by the use of these fats in combination with omega-6 polyunsaturated fats to treat cancer and cardiovascular illnesses.

• The increasing significance of immunity development has made the market's driving power more stronger. It is anticipated that product demand would increase as omega 3 components are increasingly included in diets to promote heart and brain health. Rising product demand is predicted as a result of sedentary lifestyles, the tendency toward working from home, and a lack of physical exercise, particularly among those between the ages of 30 and 40. The market's expansion is also projected to be aided by rising consumer spending on healthcare and wellbeing.

Omega-3 PUFA Market Restraints

Limited Supply might Hinder Market Growth

• The factors that may hinder the omega-3 market growth during the forecast period are Limited fish oil supply, absence of daily recommended intake (RDI) and rigid and uncertain regulatory landscape. Additionally, the market's expansion is being constrained by the high cost of research and development operations as well as a lack of research.