Omega 3 (EPA/DHA) Ingredients Market Outlook, Opportunities, Challenges, Trends, Size, Growth and Demand Forecast to 2023
North America is leading the global omega
3 ingredients market, due to the growing disposable income, increasing
health awareness and upsurge in consumer expenditure on healthy food products.
The Latin America and Middle East omega 3 ingredients market is also growing at
a considerable rate, due to increasing awareness of healthy lifestyle in the
regions.
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The global omega 3 ingredients market is growing at a significant rate, due
to increasing consumer health concerns, augmented application scope for omega 3
fatty acids, and scientific evidences supporting health benefits, with the use
of omega 3 ingredients. Technological advancements, such as better
encapsulation has provided ample opportunities to the growth of the global
omega 3 ingredients market, in the coming years.
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On the basis of type, the omega 3 ingredients market can be categorized, as
eicosapentaenoic acid (EPA), docosahexaenoic acid (DHA), and aplha-linolenic
acid (ALA). The omega 3 ingredients market can also be categorized, on the
basis of applications as pharmaceuticals, pet and animal feed, supplements and
functional foods, and infant formulas.
Some of the competitors in the omega 3 ingredients market are NU-MEGA
Ingredients Pty Ltd., FMC Corporation, Koninklijke DSM N.V., Omega Protein
Corporation, Croda, Inc., BASF SE, Arista Industries, Inc., Pronova BioPharma
ASA, and Copeinca ASA.
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