People are increasingly looking for ways to boost their nutrient uptake or deal with specific health concerns that have made essential fatty acid laden supplements popular. Omega-3 supplements derived from fish oil or algal sources are highly valued because they may have potential cardiovascular and anti-inflammatory benefits. This has resulted in increased market penetration of fatty acid supplements due to the rising prevalence of lifestyle-related diseases.
Through 2023–2030 review period, the research shows that there will be a considerable rate of growth by 5.73% for the fatty acids market worldwide. The global market will raise its value up to USD 34.2 billion at the end of our analysis period in 2030.
Fatty acids also called carboxylic acids since they can either be unsaturated or saturated long aliphatic chains play an important part in various industries. Fatty acids are widely used as lubricants particularly in creams and lotions for hair/skin care by cosmetics producers globally. In addition, they act as stabilizing agents, emulsifiers, wetting agents, anti-foam agents, texturizers among others which makes them serve multiple purposes. Such wide range uses make it necessary for increasing demand during research period.
Also worth noting is that; even food & beverages sector greatly impacts on the fatty acid market. As individuals pay more attention to eating healthy foods, there is a growing emphasis on products naturally containing essential fatty acids. The fortification of certain foodstuffs among them dairy products, cereals and snacks with omega-3 fatty acids has been necessitated by this.
Fatty acids’ market dynamics are also driven by technological advancements. This helps in enhancing the quality and purity of the supplement through innovations such as molecular distillation for purifying fish oil. In addition, biotechnology advances have provided alternative sources of omega-3 fatty acids including algae-based supplements. Therefore, these technologies not only boost product efficacy but open up new markets and increase diversification opportunities.
Report Attribute/Metric | Details |
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Growth Rate | 5.73% (2023-2030) |
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