Global Omega-3 PUFA Market is expected to reach USD 7,583.5 million by 2023, at a CAGR of 14.5% during the forecast period of 2018 to 2023. Omega-3 belongs to a broader group of fats called polyunsaturated fats. These fatty acids are highly concentrated in the brain and appear to be important for cognitive (brain memory and performance) and behavioral function. Due to growing health consciousness and rise in incidences of chronic diseases across the globe, the omega-3 PUFA is increasingly used in dietary supplements, pet foods, infant formulas, functional food & beverages, pharmaceuticals, and many more which results in the growth of omega-3 PUFA market.
Here are the top 10 companies operating in Omega-3 Pufa Market–
Founded in 2004 and headquartered at Madrid, Spain; Solutex GC is engaged in formulation, manufacturing, and distribution of highly refined marine based oils, specifically algae and fish oil. The Company‘s product portfolio segmented as Lipinova, Omegatex, and Omegasource. The Company offers omega-3 PUFA for cosmetics, nutritional, and pharmaceuticals applications.
Along with manufacturing facilities in Spain, India, and the U.S., the Company has its strong distribution network in the U.S., Europe, and Asia.
Founded in 2006 and headquartered at Lysaker, Norway; Aker BioMarine is fully owned by Aker ASA. The Company is involved in harvesting, manufacturing, selling, and marketing of krill-based products. The Company is also engaged in innovation and development of unique food and nutritional supplements for human, fish, and animal. The Company offers omega-3 products for nutraceutical, aquaculture, and animal feed applications. The Company has registered Superba brand for nutraceuticals and Qrill brand for its krill meal and krill oil products for aquaculture.
The subsidiaries of the Company include Aker BioMarine Antarctic AS (Norway), Aker BioMarine Antarctic SA (Uruguay), Aker BioMarine Antarctic US Inc (U.S.), Aker BioMarine Antarctic Services AS (Norway), Aker BioMarine Antarctic Australasia Pty Ltd (Australia), Aker BioMarine Manufacturing LLC (U.S.), Aker BioMarine Financing LLC (U.S.), Odalson S.A.(Uruguay), and Aker BioMarine US Holding Inc. (U.S.). The Company has its geographical presence in North America, Latin America, Europe, Asia, and Australia.
Croda International PLC
Founded in 1925 and headquartered at Snaith, U.K.; Croda International PLC is engaged in manufacturing and selling of specialty chemicals. The Company operates through four business segments, namely Personal Care, Life Sciences, Performance Technologies, and Industrial Chemicals. The Company offers omega-3 fish oil through life sciences segment. The Company produce omega 3 fish oil concentrates that provide clinically supported health benefits for use in nutritional supplements and for prescribed pharmaceutical use.
The subsidiaries of the Company include Croda Inc (U.S.), Croda Canada Ltd (Canada), Croda GmbH (Germany), Croda Ibérica SA (Spain), Croda Italiana S.p.A. (Italy), Croda India Company Private Limited (India), Croda Japan KK (Japan), Croda Singapore Pte Ltd (Singapore), Croda Mexico (Mexico), and Croda Peruana (Peru), among others.
Founded in 1932 and headquartered at Northfield, Illinois, U.S.; Stepan Company is involved in manufacturing and distribution of various products. The Company operates through three segments, namely Surfactants, Polymers, and Specialty Products. The Company offers omega-3 PUFA through nutrition division of specialty products category. Omega-3 from the company is majorly used in pharmaceutical, flavour, and food industries.
The key subsidiaries of Stepan Company are Stepan Mexico, S.A. de C.V. (Mexico), Stepan Canada Inc (Canada), Stepan Colombiana de Quimicos S.A. (Colombia), Stepan Europe SA (France), Stepan UK Ltd (U.K.), Tebras Tensoativos Do Brasil LTDA (Brazil), Stepan Specialty Products, LLC (U.S.), Stepan Specialty Products B.V. (Netherlands), Stepan India (Private) Limited (India), and Stepan Deutschland GmbH (Germany) among others. With 18 manufacturing facilities in 11 countries, the Company sells its products globally.
Founded in 2007 and headquartered at Sovik, Norway; Pharma Marine is engaged in production and distribution of marine lipid. The Company offers fish oil and omega-3 concentrates for dietary supplements, pharmaceuticals, and functional food industries.
The Company has its global presence in Europe, Middle East & Africa, Asia-Pacific, North America, and Latin America.
A report into the projected growth of the current Omega-3 Pufa Market by Meticulous Research® has produced some incredible forecasts for the industry. By 2023, it’s expected to have grown at a CAGR of 14.5%, reaching over USD 7,583.5 million.
GC Rieber Oil
Founded in 1965 and headquartered at Kristiansund, Norway; GC Rieber Oil is a part of GC Rieber Group engaged in producing fish oil. The Company‘s product portfolio segmented as vivomega high EPA, vivomega balanced, vivomega high DHA, and vivomega customized. Omega-3 from the company is majorly used in functional food.
With the manufacturing facilities in Norway and sales offices in Australia and the U.S., the Company has geographic presence in Africa, the U.S., Europe, and Asia-Pacific.
Founded in 1988 and headquartered at Westmeadows, Australia; Clover Corporation, previously known as Nu-Mega Lipids JV is engaged in the innovation, research & development, product development, manufacturing, and marketing of lipid-based ingredients for the food industry. The Company‘s product portfolio is segmented as DHA oils, DHA powders, and Microencapsulation. The Company offers omega-3 PUFA for functional food, infant nutrition, and pharmaceutical products.
The Company offer their products for health and development of adults, infants, and children. With the several manufacturing facilities in Australia, the Company sell its products worldwide.
BASF SE, originally Badische Anilin-und Soda-Fabrik founded in year 1865 and headquartered at Ludwigshafen, Germany. BASF SE is involved in research & development, manufacturing, and marketing of various products for agriculture, automotive & transportation, chemicals, construction, energy & resources, paint & coatings, and pharmaceutical industries. The Company operates through five business segments, namely Chemicals, Agricultural Solutions, Plastics, Functional Solutions, Performance Products, and Oil & Gas.
The Company offers Omega-3 PUFA through functional solutions for human nutrition markets including food, beverages, and dietary supplements. With 13 divisions and 86 strategic business units, the Company has its geographic presence in Europe, North America, Asia-Pacific, South America, and Middle East & Africa.
Founded in 2009 and headquartered at Hawaii, U.S.; Cellana is involved in developing, manufacturing, and marketing of algae-based bioproducts. The Company‘s product portfolio includes renew algae, renew feed, renew fuel, and renew omega-3. The Company offers its algae-based omega-3 EPA and DHA oils for nutraceutical, pharmaceutical, and feed/food additives.
The Company has its presence in Mexico, Peru, and the U.S.
Omega Protein Corporation
Founded in 1913 and headquartered at Texas, U.S.; Omega Protein Corporation is involved in developing, producing, and marketing nutritional products to improve the nutritional integrity of food, dietary supplements, and animal feeds. The Company operates through two segments, namely Animal Nutrition and Human Nutrition. The Company offers fish oil sourced omega-3 PUFA for food, nutraceutical, and animal feed industries.
With the seven manufacturing facilities and several sales offices in North America, U.K., Italy, the Netherlands, and China, the Company serves customers in more than 40 countries.
Popular Mentions: Lonza Group, Polaris, DSM (Dutch State Mines), Cargill, Incorporated, Archer Daniels Midland Company, Kerry Group, and Epax Norway AS
Authoritative Research on the Omega-3 Pufa Market- Global Opportunity Analysis and Industry Forecast (2018-2023)
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