Eicosapentaenoic Acid Market to Showcase High Growth; to cross USD 4.8 BN Mark by 2026
Posted On September 17, 2020
During the period of 2020-2026 it is expected that the Global Eicosapentaenoic Acid Market will showcase a CAGR of 8%. The market is foreseen to reach USD 4.8 BN by 2026 while it was valued at USD 2.8 BN in 2019 as stated in a the published market study by Value Market Research. Changing lifestyles and adopting dietary supplements by health-conscious consumers will be the critical drivers anticipated to boost this market's growth. Enhanced awareness about omega-3 fatty acids' benefits in preventing conditions like inflammation, depression, and menopausal symptoms will further propel this market's growth. The emerging applications of EPA in food, clinical nutrition, and dietary supplements will be a stimulating factor for this market's growth. Increased focus on preventive health care solutions will be a market booster. The key factors posing challenges to this market are labor costs involved in fishing and the high prices of raw materials.
Eicosapentaenoic acid (EPA) is an omega-3 fatty acid found in cold-water fish like salmon, tuna, mackerel, and edible algae. It is one of the ingredients in fish oil supplements and is used to treat cardiac diseases, depression, menopause, and side effects related to chemotherapy. It is also available as a prescription drug to reduce a person's triglyceride levels. It can cause unexpected results if consumed with any antihypertensive or anticoagulant medications. EPA is used as a precursor for a large variety of bioactive metabolites and performs diverse physiological functions in the human body. The versatile EPA is studied continuously to treat various other conditions.
The initial sections of the report "Global Eicosapentaenoic Acid Market Report By Product (Animals Source, Plant Source), By Applications (Dietary Supplements, Pharmaceuticals, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" starts with the introduction, a crisp market summary followed by detailed revenue analysis as per segments and regions. The market drivers responsible for pushing the market growth are discussed in length in the report. The eicosapentaenoic acid market opportunities are useful to identify the profit canters and take the strategic decision accordingly.
On the basis of product the market is segmented into Animals Source, Plant Source. By applications the eicosapentaenoic acid market is categorised as Dietary Supplements, Pharmaceuticals, Others.The other regions studied in the report are North America, Europe, Latin America and Middle East & Africa. The regional spread of all the segments and sub segments are detailed in the report.
The Report Segments Global Eicosapentaenoic Acid Market -
- Animals Source
- Plant Source
- Dietary Supplements
- North America
- Latin America
- Middle East & Africa
Players Profiled In the Report:
BASF Nutrition, DSM, EPAX, Croda, KD Pharma, GC Rieber Oils, Polaris, Sinomega, Orkla Health, Shandong Yuwang Pharmaceutical.
Download the FREE SAMPLE of Global Eicosapentaenoic Acid Market Research Report
About Value Market Research -
Value Market Research was established with the vision to ease decision making and empower the strategists by providing them with holistic market information. Our analysts’ team is well equipped with all research tools and techniques and hold deep knowledge of the industry they are working for.
We ensure intellectual, precise and quality data is delivered to our client. We facilitate clients with syndicate research reports and customized research reports on 25+ industries with global as well as regional coverage.
Value Market Research
401/402, TFM, Nagras Road, Aundh, Pune-7.
Email: [email protected]