27th September 2019 – Global Omega
3 Supplements Market is anticipated to reach USD 57.07 billion by 2025
owing to the growing application along with increasing demand from the infant
formula. Omega 3 supplements (also known as ω-3 fatty acids or n-3 fatty acids)
are combination of polyunsaturated fatty acids that are important for multiple
functions in human body. Few types of omega 3 supplements are found in food
products like shellfish and fatty fish, others are observed in vegetable oils
and rest are found in dietary supplements.
Omega 3 supplements are also linked to
healthy aging throughout life. Recently researched, EPA and DHA
(eicosapentaenoic acid and docosahexaenoic acid) are being associated with
fetal development, Alzheimer’s disease, and cardiovascular function. Human body
is unable to produce omega 3 supplements from the marine sources and therefore
it becomes necessary to obtain high amount of protein through fish-oil and fish
products. EPA and DHA are not only essential for the fetal development but also
necessary for neuronal, immune and retinal function.
Rising environmental pollutants that are
affecting the marine life are the reason for the increased production cost of
products. Some market players are opting to substitutes like plant-based and
krill-based by including krill oil, fish oil, etc. to control product costs.
These products possess medical benefits like improving heart health, lowering
the blood pressure and reducing triglycerides, which are also likely to boost
the demand for krill oil.
Get
a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/omega-3-supplement-market/request-sample
The growing demand from end-users and
the rise in awareness among consumers concerning healthy eating and health
benefits of omega 3 supplements are the major drivers of omega 3 supplement
industry. However, the strict regulations and high cost are projected to hinder
the market in the forecast period.
Additionally, Asia Pacific are estimated
to register considerable growth in comparison to saturated markets of North
America and Europe. Omega- 3 supplements market is also expected to reduce due
to low cost of vegetative sources like vegetable oils, soya products and nuts
& seeds. The production from these vegetative sources is currently on the
rise form the global economies.
Several factors like government efforts
to educate consumers and offer superior healthcare services and urbanization
are projected to fuel the use of omega 3 supplement products. Additionally,
growing consumer willingness to spend on the omega-3 supplement products are
estimated to display a positive outlook on the omega 3 supplement market. The
rising opportunities from the sports nutrition market owing to growing
preference for leading an active lifestyle along with rising awareness for
about omega 3 benefits are projected to play major role in the growth of omega
3 supplements industry.
Omega 3 supplement market is categorized
on the basis of product type, source, application and geography. On the basis
of product type, the market is divided into DHA (docosahexaenoic acid), EPA
(eicosapentaenoic acid), and ALA (alpha-linolenic acid). DHA is predicted to
dominate the omega 3 supplements industry followed by ALA and EPA. In terms of
source, the market is segmented as nuts & seeds, marine, vegetable oils,
and soya products. On the basis of application, omega 3 supplements is divided
into pharmaceuticals, dietary supplements, food & beverages, infant formulas,
pet food and fish feed.
Geographically, omega 3 supplements
market is segmented as North America, Europe, Asia Pacific, Latin America, and
Middle East & Africa. North America is projected to hold larger share of
the market in the forecast period. The key omega 3 supplements industry players
profiled here comprise Omega Protein Corporation, Royal DSM, FMC Corporation,
Croda International Plc, Cargill Incorporated, OLVEA Fish Oils, GC Rieber Oils,
Polaris, LuhuaBiomarine (Shandong) Co., Ltd., and Pharma Marine AS.
Get
in touch
At Million Insights, we work with the
aim to reach the highest levels of customer satisfaction. Our representatives
strive to understand diverse client requirements and cater to the same with the
most innovative and functional solutions.
For
More Information, Visit @ https://www.millioninsights.com
No comments:
Post a Comment