Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on omega-3
market provides an in-depth analysis of segments and sub-segments in the global as
well as the regional omega-3 market. The study also highlights the impact of
drivers, restraints, and macro indicators on the global and regional omega-3
market over the short term as well as long term. The report is a comprehensive
presentation of trends, forecast, and dollar values of the global omega-3 market.
According to the report, the global omega-3 market is projected to grow at a
CAGR of 12.1% over the forecast period of 2020-2026.
Omega-3 fatty acids have an important role in the functioning of
the brain and nervous system. It is useful in the overall natural growth and
development of the body. Omega-3 decreases blood fat, clotting of blood,
inflammation, and arterial wall fatty plaques. Commercially omega-3 is sourced
from oils of the algae, certain plants, fishes, krills, nut oils, and fishes
including anchovies, bluefish, herring, mackerel, salmon, sardines, sturgeon,
lake trout, tuna, and some others. Consumption of omega-3 based food and
supplements can reduce the risk of medical conditions such as asthma, ADHD,
breast cancer, colon cancer, Crohn’s disease, diabetes, high blood pressure,
high cholesterol, rheumatoid arthritis, and some others.
Omega-3 fatty acids are essential for human health, but the body
does not generate it on its own. It helps in avoiding irregular heartbeat,
decrease inflammation, and improve good cholesterol in the body. Hence, Omega-3
can help in reducing the risk of heart diseases. ALA is present in some plant
sources. Some of these are important nutrients that serve as a lubricant for
cells and improves communication and flexibility among cells. They enter all
cell membranes and helps in improving cell metabolism as well as gene expression.
Omega-3 supplements enhance the effectiveness of the anti-inflammatory
drug.
The increasing applications in functional foods and
pharmaceuticals are major growth drivers for the global omega-3 market. The
growing awareness about the health benefits of omega-3 against chronic
diseases among the public is generating more demand for omega-3 fatty acids based
products. Several pharmaceutical companies are introducing more concentrated omega-3 products and the increasing preference for those among people is also
driving the demand for the market. Therefore, increasing demand for omega-3
supplements are expected to augment the growth of the market. Moreover, the
demand for omega-3 supplements is growing rapidly and it is anticipated to
enhance the growth of the global omega-3 market.
Furthermore, the omega-3 based infant formulas are expected to
generate more demand during the forecast period, as it contains nutrients that
help in the growth and development of infants. The new technological
advancements in the better encapsulation of omega-3 ingredients from fish sources
are expected to be a new trend in the food and beverage industry worldwide.
However, the absence of a standard for recommended dietary intake is expected
to remain a major restraint for the global omega-3 market. The high price is
a major restraint for the rapid growth of algal oil as an alternative for fish oil
in the global omega-3 market. Moreover, huge investments in the clinical as
well as commercial research & development for omega-3 are yielding more new
applications and effective products. It is expected to generate a lot of
opportunities for major market players to expand and diversify their product
range during the forecast period.
Geographically, North America is the largest omega-3 market with the highest consumption, owing to the high demand from pharmaceuticals and
supplements segments. Increasing demand for omega-3 from infant formula
manufacturers is expected to enhance the growth of the North American Omega-3
market. An increase in the consumption of omega-3 supplements in major European
countries is driving the growth of the European omega-3 market. Preference for
nutritional foods is expected to enhance the demand for omega-3 in Europe
during the forecast period. Increasing instances of lifestyle-related illnesses
and other chronic illnesses are prompting doctors and people in Asia-Pacific to
adopt supplements, functional foods, infant formulas, and other products
containing omega-3 for attaining health benefits.
The heavy investments in the pharmaceutical sector in South East
Asian region and India, along with the presence of existing global
Pharmaceutical players are expected to drive the growth of the Asia-Pacific
omega-3 market. Moreover, given the huge population and the increasing number
of people with disposable income and health consciousness, Asia-Pacific omega-3
market is anticipated to grow at the highest CAGR during the forecast period.
Increasing awareness about the health benefits of omega-3 products and the presence of
huge infant population is driving the African omega-3 market over the forecast
period.
The report on the global omega-3 market covers segments such as
source, type, and application. On the basis of source, the sub-markets include
marine source, and plant source. On the basis of type, the sub-markets include
docosahexaenoic acid (DHA), eicosapentaenoic acid (EPA), and alpha-linolenic
acid (ALA). On the basis of application, the sub-markets include supplements
and functional foods, pharmaceuticals, infant formulas, animal feed & pet
food, and others.
The report provides profiles of the companies in the market such
as EPAx Norway AS, KD Pharma Group, Biosearch Life, GC Rieber Oils AS, Corbion
N.V., Lonza Group AG, Croda International, Orkla Health AS, BASF SE, and
Cargill, Incorporated.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of the omega-3 market.
Moreover, the study highlights current market trends and provides forecast from
2020-2026. We also have highlighted future trends in the market that will
affect the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight into the market share
of the leading players.
Please Choose One of them.