The Omega-3 Market Research Report consists of all the essential information in regards to the global market. This report presents an in-depth analysis of various industry factors, such as the market trends, dynamics, production, estimates, industry development drivers, size, share, investigation, supply, forecast trends, sales, industry demand, as well as several other factors. The report has been generated leveraging a target amalgamation of the primary and secondary data including commitments from key participants in the market. Thus, the Global Omega-3 Market Research Report is a basic hold of all the data generated by qualitative and quantitative analysis of the industry, essentially for the industry pioneers.
Prominent Players:
Cargill, BASF SE, Orkla Health, Croda International, Lonza, KD Pharma, Corbion, GC Rieber, Epax, Pharma Marine AS, Aker Biomarine Antarctic AS, BioProcess Algae, LLC, Koninklijke DSM N.V.amongst others
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Omega-3 Market Dynamics
Drivers: Growing demand from Pharmaceutical Industry and Pet / Animal Nutrition products
Omega-3 is growing on account of growing product usage in the Active Pharmaceutical Ingredient (API), rising awareness regarding chronic diseases, and regulations favoring the usage of omega-3 in infant formulations. Increasing usage of omega-3 in pet nutrition and animal feed products is further expected to propel the market growth in the coming years.
Restraints: Lack of clarity among consumers
The market for omega-3 is facing hindrance in growth on account of the absence of official recommended doses which has created confusion in the minds of consumers. This is having a higher impact in developing countries where consumer awareness is low and healthcare infrastructure is not fully established.
Opportunity: Research for the development of alternative sources to obtain omega-3
In order to meet the increasing demand for EPA & DHA, and increasing fish oil prices there are vast opportunities for extracting omega-3 from new sources such as microalgae and krill oil rich in phospholipid form of omega-3. There are also new opportunities for Highly Concentrated Omega-3 Ingredients on account of demand from Pharma and Dietary Supplements Markets. Spray drying and encapsulation of omega-3 oils is providing new opportunities for product development.
Challenges: Fluctuating Fish Oil Prices
The omega-3 market is being impacted by the fluctuating prices of raw materials such as fish and marine oils.
On the basis of the geographical analysis, the market research report has been segmented into some of the major regions, with production, generation, utilization, revenue, market share and the development rate of the market in these regions during the forecast period, covering:
• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East and Africa
The Omega-3 Market Research Report consists of the following points:
• An overall outlook of the market that helps in picking up the essential data about the Omega-3 market.
• The market has been segmented on the basis of the product types, applications, end-users, as well as the industry verticals, in light of numerous factors. Considering the market segmentation, further analysis has been carried out in an effective manner. For better understanding and an in-depth analysis of the market, the key segments have further been partitioned into sub-segments.
• In the next portion, factors responsible for the growth of the Omega-3 market have been included. This information has been collected from the primary and secondary sources and has been approved by the industry specialists. It helps in understanding the key market segments and their future trends.
• The Omega-3 report also includes the study of the latest developments and the profiles of key industry players.
• The Omega-3 market research report also presents an eight-year forecast on the basis of how the market is predicted to grow.
Further, the statistical surveying report focuses on the product specifications, cost, production capacity, marketing channel, list of the distributors, and a comprehensive analysis of the import and export of the product. Upstream raw materials, downstream demand analysis as well as the supplier, cost, and consumer list of this industry have been scrutinized systematically; product flow and distribution channel have been presented as well.
The key components in view of which the extent of the Omega-3 market has been evaluated in this report are production volume and revenue in USD$. Top-to-bottom analysis of the significant sections of the market, growth factors, restraints, and future lucrative opportunities of the market has been additionally discussed. In light of these standpoints, the Omega-3 market report finishes up the future balance of the market globally.