Omega-3 polyunsaturated fatty acids are essential nutrients that cannot be synthesized by human body, hence are obtained from the diet. Market Research Future (MRFR) has published a report stating that the global Omega-3 PUFA market is marked to expand moderately by the end of 2022.
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The major player profiled by MRFR that are operating in the global Omega-3 PUFA market are Cargill, Incorporated (the U.S.), FMC Corporation (the U.S.), Croda International PLC (the U.K.), Hain Celestial Group, Inc. (the U.S.), Omega Protein Corporation (the U.S.), Royal DSM (The Netherlands), GC Rieber (Norway), Pharma Marine USA LLC (the U.S.) and others.
Geographically, the global Omega-3 PUFA market has been segmented into North America, Europe, Asia Pacific and the rest of the world. The North America region commands for a significant share in the global Omega-3 PUFA market owing to the rise in number of health-conscious consumers and introduction of innovative products that are enriched with Omega-3 polyunsaturated fatty acids by the large pool of manufacturers in this region.
The global Omega-3 PUFA market has been segmented based on types, source and application. Based on type, the Omega-3 PUFA market has been segmented into EPA, DHA and ALA. Based on source, the Omega-3 PUFA market has been segmented into animal source and plant source. The Animal segment has been sub-segmented into fish oil, algal oil, krill oil and others.
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In May 2018, researchers at the Institute of Aquaculture, University of Sterling has published that states certain invertebrates that are inhabiting marine ecosystems, including, worms, corals and mollusks can produce omega-3 fatty acids. This discovery is a very significant contribution to global omega-3 production chain.
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