Key players in the market are BASF (Germany), DSM (The Netherlands), Croda International PLC (U.K.), and Omega Protein Corp (U.S.).
(PRWEB) March 08, 2015
The market is dominated by a few large players and is comprised of many small- and medium-scale players. The key players identified in the Omega-3 PUFA market are BASF SE (Germany), Royal DSM N.V. (The Netherlands), and Croda International PLC (U.K.). Omega Protein Corporation (U.S.), and EPAX (Norway) are also leading producers of Omega-3 PUFA.
Explore the Omega-3 PUFA market through detailed TOC, data tables and figures spread across 170 pages of a report.
The Omega-3 PUFA market is moderately diversified and competitive, with a large number of players including mid-tier companies and start-up firms. Nutritional oil companies in the market are increasingly investing in acquiring leading companies in the Omega-3 PUFA market and exploring new opportunities to penetrate further into the market. Mid-tier companies are opting for expansions, acquisitions, and investments to launch new ingredients and to increase the quality of their existing product portfolios. These companies are investing in promoting and educating consumers about the health benefits of Omega-3 PUFA by collaborating with government agencies and various associations. The end-use segment which includes food & beverages, pharmaceuticals, dietary supplements, and infant formulas is a multi-billion dollar industry and players manufacturing crude oils are lured to invest in the attractive Omega-3 PUFA market.
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BASF SE (Germany) and Royal DSM N.V. (The Netherlands) are acquiring leading players in the Omega-3 PUFA market to expand their product portfolios and increase their geographic presence in the Omega-3 PUFA market.
In 2011, BASF SE acquired Equateq (U.K.), a leading manufacturer of high concentrated Omega-3 PUFA, and in 2012, BASF SE acquired Pronova BioPharma ASA (Norway), a leading manufacturer of marine-based Omega-3 PUFA. Similarly, Royal DSM N.V., in 2010, acquired Martek Biosciences Corporation (U.S.) in order to expand its nutritional lipid business. In 2012, DSM completed acquisition of Ocean Nutrition (Canada), a leading company for fish oil Omega-3 PUFA.
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