Signs of Market Rebound for Omega-3 Polyunsaturated Fatty Acids (PUFAs) Fueled by Increase in Fish Oil Production and Consumer Awareness
Industry Experts, Inc., has released its latest report on the Omega-3 Polyunsaturated Fatty Acids (PUFAs) Market. According to this new report, global value demand for Omega-3 PUFAs is projected to rise at a CAGR of 2.4% between 2024 and 2030 reaching US$2.54 billion by 2030 from an estimated US$2.2 billion in 2024. In volume terms, consumption of Omega-3 ingredients worldwide is forecast to reach close to 200 thousand metric tons by 2030. Omega-3 Polyunsaturated Fatty Acids (PUFAs) are widely recognized for their considerable health benefits. They play a crucial role in promoting cardiovascular health and are also associated with protective effects against a variety of health conditions, including cancer, birth defects, diabetes, arthritis, cognitive decline, depression, and several others.
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