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2017 Forecast - Omega-3 Global Market, Industry Size, Share, Analysis and Opportunities to 2023

Global Market Research Report on Omega-3 Market 2017 is a professional and in-depth complete study on the current state of the Omega-3 worldwide.

 

Deerfield Beach, FL -- (SBWIRE) -- 03/31/2017 -- Latest industry research report on Omega-3 is polyunsaturated fatty acids (PUFAs) with a carbon double bond at the third carbon position from the tail-end of the carbon chain. It is primarily obtained from various sources such as fish oil, krill oil, algal oil, walnut, pumpkin seed, and soybean oil. Alpha-linolenic acid (ALA), docosahexaenoic acid (DHA), and eicosapentaenoic acid (EPA) are the major type of omega-3 that are vital for normal human metabolism. Regulatory bodies, such as FDA, have drafted specifications regarding the consumption of omega-3. For instance, the consumption of omega-3 fatty acid per day is limited to 1,500mg. in Russia. Likewise, it is 500mg for France, 450mg for Norway, and 160mg for Australia and New Zealand. The global omega-3 market is projected to reach $ 6,955 million by 2022.

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The world omega-3 market is driven by factors such as scientifically proven health benefits and increasing awareness among consumers about healthy eating and balanced diet. This factor is expected to have a significant impact on the market growth due to increasing awareness among individuals. Omega 3 intakes help in preventing chronic diseases such as cancer, arthritis, and cardiovascular diseases. In addition, omega-3 supplements, such as EPA and DHA help in preventing prostrate, colon, and breast cancers. However, high costs of manufacturing coupled with stringent regulatory barriers are some of the key challenges faced by market players.

The world omega-3 market is segmented on the basis of type, source, application, and geography.

By Type

Alpha-Linolenic Acid (ALA)
Docosahexaenoic Acid (DHA)
Eicosapentaenoic Acid (EPA)

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By Source

Marine
Fish Oil & Krill Oil
Algal Oil

Nuts and Seeds

Walnut
Pumpkin Seeds
Others (Hazelnuts, Chia Seeds, Tahini)

Vegetable Oils

Soybean Oil
Canola Oil
Others (Olive Oil, Flaxseed Oil)

Soya and Soya Products

Soya Milk
Bean Curd

By Application

Dietary Supplement
Pharmaceutical
Infant Formula
Food & Beverage
Pet Food
Fish Feed

By Geography

North America
U.S.
Canada
Mexico
Europe
Austria
Norway
Ireland
Iceland
Sweden
Switzerland
The Netherlands
Poland
Spain
UK
Italy
Germany
Russia
France
Finland
Belgium
Rest of Europe
Asia-Pacific
China
India
Indonesia
Rest of Asia-Pacific
LAMEA
South Africa
Brazil
Rest of LAMEA

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