The Global Omega 3 (EPA/DHA) Ingredients Market is Expected to Cross USD 4,000 Million in 2018: Transparency Market Research
The Global Omega 3 (EPA/DHA) Ingredients Market is Expected to Cross USD 4,000
Million in 2018: Transparency Market Research
PR Newswire
ALBANY, New York, October 29, 2012
ALBANY, New York, October 29, 2012 /PRNewswire/ --
According to a new market report published by Transparency Market Research (
http://www.transparencymarketresearch.com ) " Global Omega 3 (EPA/DHA)
Ingredients Market - Industry Analysis, Market Size, Share, Growth and
Forecast, 2010 - 2018 ," the global omega 3 ingredients demand was estimated
to be worth USD 1,595.1 million in 2010 and is expected to cross USD 4,000
million in 2018, growing at a CAGR of over 15% from 2013 to 2018. In the
overall global market, North America is the largest market for omega 3
products, although Asia Pacific is expected to be the most promising market in
the near future.
Browse the full report at
http://www.transparencymarketresearch.com/global-omega-three-market.html
The demand for PUFA (Polyunsaturated Fatty Acids) has witnessed a significant
increase over the last three years, particularly due to their benefits as
cholesterol lowering agents. The global market for omega 3 ingredients is
driven by increasing consumer interest in functional food and fortified
products, increasing consumer awareness regarding cholesterol control,
advancement in technology and health benefits associated with the ingredients.
Further, the market will be driven by increasing regulatory policies.
However, variations in consumer perception, low awareness about omega 3 in
developing countries, labeling and claim issues, and the rising prices of raw
materials, are expected to constrain the market over the coming few years.
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In terms of applications, the market is dominated by functional foods &
supplements, accounting for over 60% of the total ingredient demand in 2010.
Pharmaceuticals and infant formulas are expected to be some of the fastest
growing applications for omega 3 ingredients.
The major geographic markets for omega 3 ingredients include North America,
which accounted for 35% of consumer sales and Asia Pacific which is expected
to replace North America and occupy the top position by 2018. Growth in the
markets of Asia Pacific region is mainly driven by the rise in annual income
and also by dietary choice. Asia Pacific is also expected to be the fastest
growing market due to the trend of healthy eating and rising domestic
awareness.
Some of the major players in this market are Arista Industries, DSM, Copeinca
ASA, BASF, and Croda International PLC, Epax, Marine Nutraceuticals, NuMega,
Omega Protein and others.
This research is specially designed to estimate and analyze the demand and
performance of omega 3 ingredients in a global scenario. The research provides
in-depth analysis of omega 3 ingredient manufacturers, product sales, and
trend analysis by segments and demand by geography. The report covers all the
major product segments of the omega 3 ingredients market and provides in-depth
analysis, historical data and statistically refined forecast for the segments
covered. Omega 3 ingredients market is segmented as below:
* Omega 3 ingredients market, by types
- EPA
- DHA
* Omega 3 ingredients market, by applications
- Nutritional Supplements
- Functional Food and Beverages
- Infant Formula
- Pet Food
- Pharmaceuticals
In addition the report provides a cross-sectional analysis of all the above
segments with respect to the following geographical markets:
North America
Europe
Asia-Pacific
Rest of the World (RoW)
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