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Los Angeles, CA -- (SBWIRE) -- 02/02/2019 -- In the recently published report, QY Research has provided a unique insight into the global Anthrax Vaccines market for the forecasted period of 7-years (2018-2025). The report has covered the significant aspects that are contributing the growth of the global Marine Omega-3 market. The primary objective of this report is to highlight the various key market dynamics such as drivers, trends, and restraints that are impacting the global Marine Omega-3 market. This report has provided an indication to the readers about market's current status.
Marine Omega-3, also called ?-3 fatty acids or n-3 fatty acids, are polyunsaturated fatty acids (PUFAs) with a double bond (C=C) at the third carbon atom from the end of the carbon chain. Three types of Marine Omega-3 involved in human physiology are ?-linolenic acid (ALA) (found in plant oils), eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) (both commonly found in marine oils). They are considered essential fatty acids and necessary for human health but the body can't make them. Also they play a role in brain health as well as normal growth and development.
Omega-3 mainly has three types involved in ALA, EPA and DHA. It is also extracted from fish oil and algae oil, etc. Omega-3 produced by algae has not been wildly used. This method has great potential.
Currently, omega-3 is mainly distributed in Europe, North America, South America and China. Europe was the largest consumption region holding 37.71% of global share, while China consumption takes only 9.05% of global omega-3 in 2017. Manufactures are limited by regional distribution of fish resources. This industry is mainly concentrated in areas which have rich aquatic resources.
In Europe, Norway is the biggest consumer country, of which the share is 25.77% of all Europe consumption. Asia-Pacific has huge market potential, especially China, the total consumption increases to 10.1 K MT in 2017 from 8.1 K MT in 2013 at a CAGR of 5.83%.
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The market concentrate is rather dispersion, DSM, BASF, EPAX, Golden Omega, TASA, Omega Protein, Croda, Marine Ingredients, GC Rieber, Polaris are main manufacturers and the total share of top 3 is 37.86% in 2017.
In the coming few years, global sales of omega-3 will continue to increase. In 2023, global sales may be 151.7 K MT. Omega-3 can be widely used in dietary supplements, fortified food and beverage, infant formula, pharmaceuticals, pet foods and other fields. With the development of economy, these industries will need more omega-3. So, omega-3 has a huge market potential in the future.
The global Marine Omega-3 market is valued at 10500 million US$ in 2018 is expected to reach 16000 million US$ by the end of 2025, growing at a CAGR of 5.4% during 2019-2025.
This report focuses on Marine Omega-3 volume and value at global level, regional level and company level. From a global perspective, this report represents overall Marine Omega-3 market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
KD Pharma (Marine Ingredients)
OLVEA Fish Oils
Nippon Suisan Kaisha
Shandong Yuwang Pharmaceutical
Maruha Nichiro Foods
Segment by Regions
Segment by Type
Marine Animals Source Omega-3
Marine Plant Source Omega-3
Segment by Application
Fortified Food and Beverage
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