Increasing consumer awareness about healthy eating and balanced diet is one of the major factors driving the demand for omega 3 ingredients globally. Algae, fish oil, krill and squid are rich source of omega 3 fatty acids such as EPA and DHA.
Global Omega 3 Ingredients Market Growth Factors & Trends to 2021
1. Omega 3 Ingredients Market - Global Industry Analysis,
Size, Share, Growth, Trends, and Forecast 2015 - 2021
Published By:
Transparency Market
Research
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2. Report Description
Increasing consumer awareness about healthy eating and balanced diet is one of the major
factors driving the demand for omega 3 ingredients globally. Algae, fish oil, krill and squid are
rich source of omega 3 fatty acids such as EPA and DHA. With the rising consumer health
consciousness and awareness regarding the benefits associated with the consumption of
omega 3 fatty acids is driving the demand for omega 3 ingredients globally. Consumption of
omega 3 fatty acids helps to prevent cancer, arthritis, and heart diseases. Furthermore, omega
3 fatty acids such as EPA and DHA also help in prevention of cancer of prostate, colon, and
breast. Omega 3 fatty acids also play an important role in the development of brain and health
of infants. Krill oil supplements play a vital role in the overall development of infants.
The global omega 3 ingredients market has been segmented into North America, Europe, Asia
Pacific, the Middle East and Africa, and Latin America. Omega 3 ingredients demand in these
regions, based on revenue (USD million) and volume (Tons) are covered under the scope of
this report.
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3. Scope
North America held the leading position in the global omega 3 ingredients market in 2014,
followed by Europe and Asia Pacific. Increasing health awareness, rising disposable income,
and growing consumer expenditure on healthy food products is positively affecting the
demand for omega 3 ingredients globally. Increasing awareness about healthy lifestyle is
boosting the demand for omega 3 ingredients in the Middle East and Africa and Latin America.
Supplements and functional food is the largest segment in terms of revenue and is expected
to dominate the omega 3 ingredients market globally during the forecast period. . Rising
information regarding the benefits associated with consuming omega 3 fatty acids enriched
supplements and functional foods, is fueling the market for omega 3 ingredients globally. In
addition, infant formulation segment is also showing promising growth in the omega 3
ingredients market globally. With the growing information regarding the benefits of omega 3
fatty acids, consumers are opting active omega 3 ingredients as a daily diet. Omega 3 fatty
acids such as EPA, ALA and DHA are essential pet and animal health.
4. Key Players
Koninklijke DSM NV, BASF SE, Croda International plc., NU-MEGA Ingredients Pty Ltd., Pronova
BioPharma ASA, Omega Protein Corporation and Ocean Nutrition Canada Limited among
others have strong global presence in omega 3 ingredients industry.
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