The Global Omega-6 Market size is expected to reach US$ XX Mn. by 2026 from US$ XX Mn. in 2019, at a CAGR of XX% during the forecast period.
The report focuses on omega-6 value at the top regions and countries of the world, which shows a regional development, including market size, share, revenue, and much more across the globe. Regionally, the report covers numerous key regions like North America, Europe, Asia-pacific, Middle East & Africa, and South America. Also, the omega-6 market report has recognized the major vendors and distributors operating in all the key regions. This analysis and data are expected to help the market players to support their market distribution channels and develop their geographical reach.
Definition of Omega-6:
Omega 6 is the polyunsaturated fatty acids that are essential for the human diet as the body cannot turn out them naturally. Omega 6 fats are largely present in vegetable oils (sunflower, soybean, sesame, palm, and rapeseed oil), cooked food, nuts, and seeds. They also present medicinal benefits like brain development, strengthening the immune system, and regulating blood pressure.
Global Omega-6 Market Dynamics:
The growing demand for omega-6 in various industries like the pharmaceutical industry and food industry is the main factor for the growth of omega-6. Likewise, the growing awareness about their pharmaceutical benefits and increasing demand to adopt a healthy lifestyle also helps as one main driver for the global omega-6 market. Also, the increasing usage of dietary supplements to improve growth and fulfill the deficiency of vitamins and nutrients in the diet. Also, diet modification, innovative production technologies, rapid-urbanization, and liberalization of foreign direct investment are thrilling the growth of the global omega-6 market.
The increasing R&D of alternative sources to obtain omega-6 as well as the increase in consumer demand for plant-based products in developing countries like China, India, South Korea, Indonesia, and Russia is expected to generate new opportunities for the manufacturers to grow the market base.
On the other hand, the lack of transparency among consumers about daily recommended intake and low fish oil supply due to sustainability issues amongst fisheries is the main restraint for the growth of the omega-6 market. Also, new players are facing competition from the present global players as they struggle with quality issues, reliability, and technological innovations.
Global Omega-6 Market Segmentation:
By Application, the omega-6 market is segmented into dietary supplements, animal feeds, pharmaceuticals, food & beverages, and others.
Global Omega-6 Market
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The pharmaceuticals application segment is expected to grow at a CAGR of XX% during the forecast period (2019-2026). They are commonly used to treat breast cancer, high blood pressure, osteoporosis, and breast pain, and attention-deficit/hyperactivity disorder (ADHD) which is the most common mental disorder in children and adolescents.
Regional Insights of the Global Omega-6 Market:
North America held the largest market share of the global omega-6 market in 2019, thanks to the rising demand for dairy products from the countries like U.S., Mexico, and Canada. Dairy products provide nutritional values and benefits that relieve pain and provide an alternative solution for the person, who is suffering from mental disorders and surgery.
Europe is expected to grow at a highest CAGR of XX% during the forecast period, thanks to an increase in the demand from the pharmaceutical industry in European countries such as France, Italy, UK, and Germany. For Instance, Chia seeds are a proven source of omega-6 and Germany is the largest importer of chia seeds in Europe because of their nutritional and health properties.
Asia-Pacific is expected to generate significant growth opportunities throughout the forecast period, because of the growing demand from consumers due to the moving standard of living in Asia-Pacific. Also, the key economics of the Asia-Pacific such as China, India, and Japan have large areas for agriculture and production of high-fiber plants and oilseeds, which is the main source for omega-6 ingredients.
Global Omega-6 Market1
The report also helps in understanding Global Omega-6 Market dynamics, structure by analyzing the market segments and project the Global Omega-6 Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Omega-6 Market make the report investor’s guide.
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Global Omega-6 Market2
Global Omega-6 Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Omega-6 Market
• BASF SE
• Merck KGaA
• Omegavia
• Cargill, Incorporated
• Innovix Pharma Inc.
• Nordic Naturals, Inc.
• DSM
• Corteva
• NOW Foods
• ADM
• NutriGold, Inc.
• Dow
• GlaxoSmithKline plc.
• Vital Choice Wild Seafood & Organics
• Croda International Plc.
• Carlson Labs
• KD Nutra
• Pharma Marine AS
• FrieslandCampina
• Kerry
• Omega Protein
• FMC Corporation
• Enzymotec Ltd.
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