The global demand for Eicosapentaenoic Acid Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Eicosapentaenoic Acid, commonly referred to as EPA is an Omega-3 fatty acid possessing anti-inflammatory properties. It is a common ingredient in fish oils and is taken as a prescribed dietary supplement. Omega-3 fatty acids play an important role in cellular metabolism in animals. EPA is used to treat conditions related to heart attack, depression, CNS diseases, inflammatory bowel diseases and menopause. Other non-clinical uses of EPA include pet foods, infant formula, and functional foods. PA can as well be found in natural sources like cold water varieties of fish.
The changing lifestyles and increased use of dietary supplements are the major driving force behind the growth of this market. Growing awareness of preventive health care and the advantages associated with the intake of omega -3 supplements will further propel the growth of this market. Research activities carried out to study the effects of EPA on various health issues like ASD will boost the market growth. COVID -19 lockdown will have a positive impact on this market since an EPA based drug has proven to reduce the progression of this pandemic in clinical trials. The main concerning factor with the use of EPA supplement is the health hazards associated with an overdose.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of eicosapentaenoic acid.
The entire eicosapentaenoic acid market has been sub-categorized into product and applications. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Animals Source
- Plant Source
- Dietary Supplements
This section covers regional segmentation which accentuates on current and future demand for eicosapentaenoic acid market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Eicosapentaenoic Acid Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the eicosapentaenoic acid market include BASF Nutrition, DSM, EPAX, Croda, KD Pharma, GC Rieber Oils, Polaris, Sinomega, Orkla Health, Shandong Yuwang Pharmaceutical. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.