Global Fatty Acid Supplements Market 2017-2021
About Fatty Acid Supplements
Fatty acid supplements are types of dietary supplements taken to meet the required level of omega-3 and omega-6 fatty acids in the body. These supplements are available in various formulations such as capsules, soft gels, and tablets and are comprised of chemical compositions with docosahexaenoic acid (DHA), eicosapentaenoic acid (EPA), alpha linoleic acid (ALA), linoleic acid (LA) and arachidonic acid (AA).
Technavio’s analysts forecast the global fatty acid supplements market to grow at a CAGR of 12.20% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global fatty acid supplements market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Fatty Acid Supplements Market 2017-2021
Technavio recognizes the following companies as the key players in the global fatty acid supplements market: BASF, Croda International, DSM, and Orkla Health.
Other Prominent Vendors in the market are: BIOCARE, CLOVER CORPORATION, Omega Protein Corporation, Epax Norway, Natrol, Nature's Bounty, NOW Foods, Reckitt Benckiser, and Swanson.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing online retailing. The growing popularity of e-commerce is making it easier for customers to browse and purchase from a wide range of healthcare products such as fatty acid supplements through online portals. Online retailing provides customer convenience in terms of product search, product reviews, a range of options, door-step delivery, return policies, and flexibility in payment.”
According to the report, one driver in the market is rising product adoption in sports and fitness. Today more people, both youth and adults, are engaged in sports than ever before, be it for professional or health reasons. Sports and exercise are helpful in preventing health issues among children such as childhood obesity. In countries such as the US, Canada, and Australia, children are engaged in some form of outdoor sports or other to maintain good health. Sports and fitness exercises are also helpful in preventing medical conditions such as type 2 diabetes and cardiovascular diseases, and obesity.
Further, the report states that one challenge in the market is low market growth in developing economies. Fatty acid supplements are largely gaining demand owing to product availability through various online platforms that provide increased product information. Increased visibility and the rise in the availability of product information have fueled the growth of the global fatty acid supplements market in developed countries. However, a similar market condition is not seen in developing countries such as India, China, Pakistan, and some African and Latin American countries.
BASF, Croda International, DSM, and Orkla Health, BIOCARE, CLOVER CORPORATION, Omega Protein Corporation, Epax Norway, Natrol, Nature's Bounty, NOW Foods, Reckitt Benckiser, and Swanson.
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