Global Omega 3 Ingredients Market is expected to reach US$ XX Bn by 2026 from US$ XX Bn in 2019 at a CAGR of 11 % during the forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Omega 3 Ingredients Definition:
A class of essential fatty acids found in fish oils, especially from salmon and other cold-water fish, that acts to lower the levels of cholesterol and LDL (low-density lipoproteins) in the blood.
Global Omega 3 Ingredients Market Dynamics:
Awareness among the consumers regarding Omega 3 fatty acids and their increasing applications in nutrition is driving the global market. Ongoing research for the development of alternative sources to obtain omega3 is providing a lucrative opportunity for the global market. Increase cognitive functionalities of omega-3 gaining consumer attention in the coming days. The Growing demand for omega 3 by pregnant women triggers the global market worldwide.
Therapeutic abilities of omega 3 to improve immunity and act as preventive measures in conditions like arthritis. Large investments of the manufacturers in the production of ingredients make growth in the omega 3 supplement production worldwide.
Global Omega 3 Ingredients Market Segment Analysis:
The report groups the Global Omega 3 Ingredients Market in different segments By Ingredients, Application, and Region to forecast the revenues and analyze the market share of each segment over the forecast period.
Global Omega 3 Ingredients Market
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Based on Ingredients, the Global Omega 3 Ingredients Market is segmented Alpha-Linolenic Acid (ALA), Eicosapentaenoic Acid (EPA), Docosahexaneoic Acid (DHA). The EPA segment was dominant in 2019 and is expected to command a market share of xx% by 2026.
The combination of DHA and EPA helps in reducing bad cholesterol and coronary heart diseases, such as strokes and blood pressure, which, in turn, is expected to fuel the growth of these segments. Rising incidences of heart diseases among individuals as a result of an unhealthy lifestyle are likely to fuel the demand for omega 3. Increasing aquaculture activities, mainly in the Asia Pacific, owing to the abundant availability of farming land and favorable climatic conditions are projected to drive the demand for feeds containing omega3.
The food & beverage segment commanded the largest market share of xx% by 2020.
The emergence of the new combination of products and appreciation of scientific evidence among consumers and healthcare are driving the segment with the largest market share. Development and sales of the omega 3 ingredients in supplementary food products make effective results among the consumers. Effective supply chain management in the manufacturing and distributions are resulting in on-time product delivery to end-users.
Global Omega 3 Ingredients Market Regional Insights:
Global Omega 3 Ingredients Market 1
North America is expected to command the largest market share of xx% by 2026
The omega 3 ingredients market growth in North America can be attributed to growing consumer awareness regarding diet supplementation and infant nutrition products. Growing research on natural food products that are rich in omega 3 and demand for capsules of the same is provided with a lucrative opportunity for the global market. The competition among the various brand products that are newly emerging in the global market makes growth in the global market in this region.
The objective of the report is to present a comprehensive analysis of the Global Omega 3 Ingredients Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Omega 3 Ingredients Market dynamics, structure by analyzing the market segments and projects the Global Omega 3 Ingredients Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Omega 3 Ingredients Market make the report investor’s guide.
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Global Omega 3 Ingredients Market 2
Global Omega 3 Ingredients Market Key Players
• Marine Ingredients, LLC.
• Omega Protein Corporation
• Copeinca ASA
• Cargill Incorporated
• GC Rieber Oils AS
• POLARIS Nutritional Lipids
• Croda International plc
• Luhua Biomarine (Shandong) Co.Ltd
• Koninklijke DSM N.V.
• Denomega Nutritional Oils
• NU-MEGA Ingredients Pty Ltd.
• Orkla Health
• KD Pharma
• Croda International
• Runke Bioengineering
• Nordic Naturals
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