The latest market report published by Credence Research, Inc. “Omega 3 Market - Growth, Future Prospects, and Competitive Analysis, 2017 - 2025,” the global market for Omega 3 is expected to grow at a CAGR of 14 percent over the 2017 forecast period to 2025.
Market Insights
Shifting the trend towards a healthy lifestyle is a key driver of market growth. Omega 3 helps reduce heart disease, cholesterol, and blood pressure levels. In addition, increased consumer willingness to spend is projected to provide a positive outlook for the overall Omega 3 market. The favorable regulations of EFSA and FDA on health claims for the consumption of fortified food are likely to fuel the use of omega-3 based products.
Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/omega-3-market
However, due to the increase in environmental pollutants affecting marine life, the main factor hindering the market growth is the high cost associated with the purification process. To overcome these problems, companies are switching to different sources, such as plants and krill. Increasing the spread of products across different distribution channels is likely to enhance the market's customer base. In addition, extensive R&D by the manufacturers has led to the development of various Omega 3 fortified products.
Competitive Insights
To enhance their market presence and reduce competition companies are adopting expansion and R&D strategies. To expand their market presence companies are continuously trying to develop application-specific products. Some of the key players present in this market are FMC Corporation, Royal DSM, Cargill, Incorporated, Croda International Plc, and OLVEA Fish Oils among others.
Key Trends
Key research study highlights comprise:
By Type
Market Insights
Shifting the trend towards a healthy lifestyle is a key driver of market growth. Omega 3 helps reduce heart disease, cholesterol, and blood pressure levels. In addition, increased consumer willingness to spend is projected to provide a positive outlook for the overall Omega 3 market. The favorable regulations of EFSA and FDA on health claims for the consumption of fortified food are likely to fuel the use of omega-3 based products.
Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/omega-3-market
However, due to the increase in environmental pollutants affecting marine life, the main factor hindering the market growth is the high cost associated with the purification process. To overcome these problems, companies are switching to different sources, such as plants and krill. Increasing the spread of products across different distribution channels is likely to enhance the market's customer base. In addition, extensive R&D by the manufacturers has led to the development of various Omega 3 fortified products.
Competitive Insights
To enhance their market presence and reduce competition companies are adopting expansion and R&D strategies. To expand their market presence companies are continuously trying to develop application-specific products. Some of the key players present in this market are FMC Corporation, Royal DSM, Cargill, Incorporated, Croda International Plc, and OLVEA Fish Oils among others.
Key Trends
- Increasing R & D projects undertaken by manufacturers
- Rising demand from end-use application
- The Asia Pacific offers huge market potential
Key research study highlights comprise:
- Exhaustive research and analysis of the global Omega 3 industry
- The key market segments along have been explained in the report thoroughly along with their existing and estimated market size
- Major elements of market dynamics such as drivers, challenges and opportunities and their effect on Omega 3 market is also covered in the report
- Key players operating in the market are profiled and accompanied with the competitive landscape evaluated on the basis of product offering & business strength
- Cross-sectional analysis of each region covering individual segments for the forecast period 2017 - 2025 in terms of value (US$ Mn)
- Marketing/product managers
- Vice President/ CEOs
- National sales managers
- Market intelligence managers
- Distributors
- Purchasing managers
- Other stakeholders
By Type
- ALA (alpha-linolenic acid)
- DHA (docosahexaenoic acid)
- EPA (eicosapentaenoic acid)
- Dietary supplement
- Pharmaceutical
- Infant formula
- Food & Beverages
- Pet Foods
- Fish Feed
- Marine
- Nuts and Seeds
- Vegetable oils
- Soya and Soya Products
- North America (the U.S., Rest of North America)
- Europe (U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, Japan, India, Rest of Asia Pacific)
- Rest of the World (the Middle East & Africa, Latin America)
No comments:
Post a Comment