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Supplements and functional foods market is expected to continue dominance in the application category of omega 3 ingredients market during the projected time frame. The growth is attributed to rising awareness regarding the benefits of consuming nutrient fortified Omega 3 rich supplements, and functional foods.
The global omega 3 ingredients market is witnessing a substantial growth owing to consumer health concerns and improved application scope for omega 3 fatty acids. Further, advent of technology for better encapsulation coupled with the increasing fish oil market has opened numerous avenues for the development of substitute sources including flax seeds and algae for extracting omega 3 ingredients. Tight raw material supply is likely to impel EPA/DHA ingredients market price trend over the projected period. Pharmaceuticals applications are projected to propel at a stimulating rate of more than 5.5% by 2022. Increasing significance and application range of pharmaceutical formulations for cholesterol-reducing are expected to further the growth of omega 3 ingredients market.
The report covers the thorough analysis of the market at a regional level with detailed analysis of market size. North America tops the global (EPA/DHA) omega 3 ingredients market, owing to the increasing awareness of EPA/DHA omega3 ingredients, growing health consciousness and rise in consumer expenses on healthy food products.
APAC China and Japan in particular are likely to see growth in market share during the forecast period. Europe omega 3 market region is anticipated to observe steady gains.
Browse key industry insights spread across 90 pages with 47 market data tables & 9 figures & charts from the report, “EPA/DHA (Omega 3) Ingredients Market Size By Application (Dietary Supplements, Pharmaceuticals, Functional Foods, Pet & Animal Feed, Infant Formulas), By Source (Anchovy/Sardine, High Concentrates, Medium Concentrates, Low Concentrates, Algae Oil, Tuna Oil, Cod Liver Oil, Salmon Oil, Krill Oil, Menhaden Oil), Industry Analysis Report, Regional Analysis, Application Potential, Price Trend, Competitive Market Share & Forecast, 2015 – 2022” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/EPA-DHA-omega-3-ingredients-market
Key participants in the EPA/DHA Omega 3 market are profiled in the report coupled with key business strategies, operation and financial metrics, service and product analysis and current trends. DSM, Pronova, Omega Protein, Croda, BASF, Aker BioMarine, EPAX, GC Rieber Oils, BioProcess Algae, Lonza, and Martek Biosciences are some of the major companies covered in the report.
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