Polyunsaturated fatty acids are compounds that have more than one unsaturated carbon bond. They are important fats and cannot be produced by the human body hence it is required to consume through food as it improves the overall metabolic process. They have beneficial effects on the cardiovascular system and also helps to enhance the cognitive functions.
As of 2021, the Global Polyunsaturated Fatty Acids Market was valued at U.S.$ 5459.00 Million in terms of revenue, exhibiting a CAGR of 8.02% during the years (2022-2030)
Market Players in the Polyunsaturated Fatty Acids Industry:
1) BASF SE
BASF SE is a multinational company and is currently also the largest producer of chemicals in the world. The company was founded in the year 1865 on the 6th of April. The headquarters are located in Ludwigshafen, Germany. BASF sells its products in more than 190 countries.
Products manufactured by BASF SE include Chemicals, crude oil, plastics, natural gas and performance chemicals. It was founded by Friedrich Engel horn. The company is listed on Zurich Stock Exchange, Frankfurt Stock Exchange, and London Stock Exchange.
2) Cargill Incorporated
Cargill incorporated, is a privately held American global food corporation. Some of the products manufactured include Agricultural services, crop and livestock, food, health and pharmaceutical etc. The company was founded in the year 1865, and the headquarters are located in Minnetonka, Minnesota, U.S. the company was founded by William Wallace Cargill.
In Jun 2022, Cargill completed the acquisition of Delacon, a company that develops plant-based phytogenic additives. In November 2022, the company acquired Owensboro Grain, a fifth-generation family owned soybean processing facility and refinery.
3) GlaxoSmithKline GSK plc.
GSK Plc. Is a British Multinational pharmaceutical and biotechnology company founded in the year 2000. The headquarters are located in London, England, UK. GlaxoSmithKline is the tenth largest pharmaceutical company and has ranked 294th on the 2002 Fortune Globes 500. The company was founded by Joseph Nathan. The company manufacture products for major diseases like asthma, cancer, infections and mental health.
In April 2022, the company announced its plans of acquiring Sierra Oncology Inc. for U.S$ 1.9 Billion. In May 2022, GSK announced it would acquire Affinivax and its phase II 24- Valent pneumococcal vaccine candidate for up to $3.3 Billion.
4) FMC Corporation
FMC Corporation is an American chemical manufacturing company that has its roots in the food production system. The company was founded in the year 1883 and the headquarters are located in FMC Tower, Philadelphia, Pennsylvania, U.S. The company was founded by John Bean.
In July, 2022, FMC Corporation completed the acquisition of BioPhero ApS, a Denmark-based pheromone research and production company.
5) Koninklijke DSM N.V.
Koninklijke DSM N.V. commonly known as DSM is a Dutch multinational corporation active in the fields of health, nutrition and materials. The company was founded in the year 1902, and the headquarters are located in Heerlen, Netherlands. Products manufactured include Nutritional ingredients, specialty food ingredients, biomass conversion technology.
In September 2022, DSM completed the acquisition of Prodap, a leading animal nutrition and technology company in Brazil.
6) Croda International Plc.
Croda International Plc. Is a British specialty chemicals company that manufactures products like, specialty chemicals for: Personal Care, Health Care, Crop Care, Geo Technologies, Home Care, and Industrial Chemicals. The company was founded in the year 1925, and the headquarters are located in Snaith, England, UK.
As of February 2023, Croda has completed the acquisition of Solus Biotech, a global leader in premium, biotechnology-derived beauty actives.
