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. Consumers have started to include
food products enriched in omega 3 fatty acids due to increasing
awareness about healthy food. Furthermore, consumption of diet
enriched in omega 3 fatty acids on a day-to-day basis lowers
inflammation, a major component in asthma.
Browse
full Omega 3 Ingredients Market report at:
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.
Additionally, current and future trends in the omega 3 ingredients
market are covered in the report.
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.
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the full Press Release:
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. Pets with auto-immune, inflammatory and allergic
conditions are in need of omega 3 fatty acids. Supplements high in
omega 3 fatty acids are beneficial for pets and animal health.
Omega 3 ingredients
are primarily derived from fish oil. Consumer perception regarding
smell and taste of fish oil is the major factor hampering the omega 3
ingredients market. Fish oil has a very distinct smell. Many people,
especially in North America and Europe, refrain from using fish oil
owing to its foul taste and smell. Technological advancement has
enabled better encapsulation of omega 3 ingredients. This has
resulted in higher scope for usage in various applications such as
food and beverage industry.
Improvement in the
standard of living is propelling the demand for omega 3 ingredients
globally. Growth in health awareness is also driving the market for
omega 3 ingredients globally. With the rising awareness for healthy
living, consumers are showing preference for omega 3 supplements high
in DHA and EPA fatty acids. Daily consumption of omega 3 supplements
promotes the maintenance of good health condition. Furthermore, it is
beneficial for brain function and cardiovascular health. Moreover, it
is also beneficial for nerves, brain and eyes in adolescent and
children.
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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