Global Fatty Acid Supplements Market 2017-2021

Overview of the global fatty acid supplements market

Children in countries such as the US, Canada, and Australia are engaged in some form of sports and exercises to prevent the health issues such as childhood obesity. In addition, both youth and adults are adopting preventive measures such as sports and fitness exercises to minimize the risks of type 2 diabetes and cardiovascular diseases, and obesity. Research analysis on the global fatty acid supplements market identifies that the rising adoption of products in sports and fitness will be one of the major factors that will have a positive impact on the growth of the market. The demand for dietary supplements is increasing among these people because such supplements help to enhance their athletic performance. Omega-3 is considered as a performance-enhancing supplement, which is extracted from fish oil. This supplement aids in faster tissue repair and recovery of muscle soreness. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 12% by 2021.

Various local and regional vendors are encouraged to enter the market due to the increased product adoption and the growing demand. This leads to a fragmented market. Consequently, larger market players use this as an opportunity to adopt strategic mergers and acquisitions with regional market players. One of the key trends that will gain traction in the global fatty acid supplements market during the projected period is the consolidation of nutraceutical markets. This in turn, will increase the distribution channels and product offerings, widen the customer bases, and decrease the operational costs.

Competitive landscape and key vendors

The fatty acid supplements market is a competitive market and characterized by the presence of many players. International players are increasingly focusing on increasing their footprint in the market. This makes it difficult for regional vendors to compete against larger players in terms of quality, pricing, market reach, and financial resources. Furthermore, the increase in product or service extensions and product innovations will strengthen the competitive scenario of the market.

Key vendors in this market are -

• BASF
• Croda International
• DSM
• Orkla Health

Other prominent vendors in the market include BIOCARE, CLOVER CORPORATION, Omega Protein Corporation, Epax Norway, Natrol, Nature's Bounty, NOW Foods, Reckitt Benckiser, and Swanson.

Segmentation by distribution channel and analysis of the fatty acid supplements market

• Retail outlets
• Online stores

The retail outlets segment includes hypermarkets, supermarkets, grocery stores, and drugstores. A large number of consumers prefer these stores to purchase fatty acid supplements because it allows them to ensure the quality of products and examine them thoroughly before making a purchase decision. The rising demand for healthcare solutions among the aging population is increasing due to the growing number of retail outlets in developing and emerging countries such as China and India.

Segmentation by geography and analysis of the fatty acid supplements market

• Americas
• APAC
• EMEA

The fish oil supplements market is witnessing growth in the Americas due to the presence of established vendors, increased adoption of products, and the rising online retail. The convenience factor of purchasing products experienced by people in the US and Canada is driving the adoption of online retailing. This is also resulting in the online retailing of nutraceuticals and supplements. For instance, a large number of consumers are purchasing omega-3 fatty acids and omega-6 fatty acid supplements through online stores such as Amazon, Walmart, and HealthKart.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global fatty acid supplements market?
• What are the key market trends impacting the growth of the global fatty acid supplements market?
• What are the challenges to market growth?
• Who are the key vendors in the global fatty acid supplements market?
• What are the market opportunities and threats faced by the vendors in the global fatty acid supplements market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global fatty acid supplements market?

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