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Impact of COVID-19 on Omega 3 Ingredients Market to garner CAGR of 10.9% by 2027
Impact of COVID-19 on Omega 3 Ingredients Market to garner CAGR of 10.9% by 2027
Omega 3 ingredients market is anticipated to be valued at somewhere around US$ 4,939.9 Mn in 2019, which is expected to rise at a CAGR of 10.9% throughout the forecast period (2019-2027)

Omega 3 Ingredients Market: Opportunities Abound with Remarkable Adoption of PUFAs in F&B

According to a new study by TMR, the global sales of omega 3 ingredients are estimated to surpass revenues worth US$ 4,900 mn in 2019. The omega 3 ingredients market continues to remain influenced by various factors, which range from an upsurge in a number of proactive health-conscious consumers to growing preference for polyunsaturated fatty acids (PUFAs) as a preventive solution to prevent chronic diseases.

The study opines that the omega 3 ingredients market will continue to witness a notable growth in line with rising consumer acceptance of immunity enhancing supplements alongside the health & wellness trend. Increasing use of polyunsaturated fats in dietary supplements, infant formulas, F&B industry, and pharmaceutical & nutraceutical industry are likely to uphold sales of omega 3 ingredients.