Omega 3 Market Regional Analysis

The market value in North America stood at 62 million in 2022 and is predicted to grow at a CAGR of 4.71%. The growth of North American market for polyunsaturated fatty acids is due to the increasing awareness of the health benefits of these nutrients.

The increasing currency of lifestyle-related health conditions, increasing number of older people, and stress of a hectic lifestyle will create a huge demand for dietary supplements and functional food in this region.

The rising trend of veganism and vegetarianism in the region will result in huge demand for plant-based fatty acids. The recent development by the U.S. Food and Drug Administration (FDA) confirmed that these products can reduce the risk of cardiovascular conditions, thus boosting its demand in this region.

Asia Pacific has immense potential for the omega fatty acids market, and it is expected to witness growth rates higher than the global average. The increase in the market for healthcare products is due to an increased awareness of the health benefits and an increase in people's optional income. This allows people to spend more on products that promote health