Omega 3 Fatty Acid Market Industry Analysis Research Report: Growth and Demand Forecast to 2023


Omega-3 fatty acid is polyunsaturated fatty acids (PUFAs) containing carbon double bond in its organic structure. These are mainly found in plants and marine life such as meat, eggs, seal oil, krill, fish, and mammalian brains and eyes. Fish oil is the most common and widely used dietary source of omega-3 fatty acids that contains high content of eicosapentaenoic acid/docosahexaenoic acid (EPA/DHA). 

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The factors driving the growth of global omega-3 fatty acid market include rising demand of omega-3 polyunsaturated fatty acids in pharmaceuticals and functional foods, rising awareness towards healthcare and chronic diseases, and expanding application profiling of omega-3. Several pharmaceutical companies have already been using higher concentrations of omega-3 in pharmaceutical drugs, and in future, more companies are expected to enter the market of omega-3 drugs.

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The factors driving the growth of global omega-3 fatty acid market include rising demand of omega-3 polyunsaturated fatty acids in pharmaceuticals and functional foods, rising awareness towards healthcare and chronic diseases, and expanding application profiling of omega-3. Several pharmaceutical companies have already been using higher concentrations of omega-3 in pharmaceutical drugs, and in future, more companies are expected to enter the market of omega-3 drugs.

North America was the largest consumer of omega-3 products in 2014; followed by Europe. The regulations favoring the use of omega-3 in functional food and infant formula is expected to spur the demand for omega-3 fatty acid market in the developed regions. The Asia-Pacific omega-3 fatty acid market is expected to witness fastest growth during the coming years.

Some of the key players in the global omega-3 fatty acid market are Nordic Naturals, Inc., Zymes LLC, Wiley's Finest Inc, Organic Technologies, Cellana Inc., Bioriginal Food & Science Corporation, Neptune Technologies & Bioressources Inc., Pharmachem Laboratories, Inc., and Marine Ingredients.

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