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MarketResearchReports.com: Omega-3 Marine and Plant Products and Changing Consumer Preferences

Spanning over 186 pages, 31 tables, 9 figures and profiles of 183 public and private companies “Omega-3 Marine And Plant Products: Global Markets, Competitors And Opportunities- 2013-2018 Analysis And Forecasts” report gives detail information of Omega-3 market.

 

Lewes, DE -- (SBWIRE) -- 09/17/2013 -- Omega-3 fatty acids are fats commonly found in marine and plant oils. They are considered essential, meaning they cannot be synthesized by the human body, and are vital for normal metabolism. Omega-3 has benefits in terms of cardiovascular disease, inflammation, developmental disorders, psychiatric disorders and cognitive aging. The health benefits of Omega-3 fatty acids, primarily EPA and DHA, were discovered in the 1970s by researchers studying the Greenland Inuit Tribe, who consumed large amounts of fat from fish, but displayed virtually no cardiovascular disease.

The most widely available marine sources of EPA and DHA are cold water, oily fish, krill and algae. Plant sources of Omega-3 include flaxseed and chia seed.

Although Omega-3 fatty acids have been known as essential to normal growth and health since the 1930s, awareness of their health benefits has dramatically increased since the 1990s. Today, Omega-3 products are worth more than USD4.5 billion at the producer level, and almost USD32 billion in terms of retail sales of products incorporating Omega-3 sources in them. Omega-3 production is forecast to grow more than 15% annually in value between 2013 and 2018.

A significant shift is taking place in the Omega-3 market as consumers move away from animal based products like fish oil, and towards plant products like flaxseed and chia seeds. As a result, plant Omega-3 production value is forecast to grow twice as fast as marine during the next five years.

Omega-3 pharmaceutical drugs based on fish oils already are available. But perhaps the most interesting Omega-3 source is chia seeds. Chia was domesticated by ancient Mexicans in 2,600 BCE and was used as a staple food by the Indians of the Southwest (US) and Mexico. The chia market today is tiny but growing rapidly.

However, chia is a hard crop to grow and there is a lack of agronomic knowledge about it. The agricultural know how of most growers is very basic and there are a lot of challenges for them in terms of capacity to increase production and yield efficiency, not to mention quality issues. More growers are getting involved but all of them are having bad problems in the field. As a result, there is general consensus that although production will increase, there will continue to be real scarcity of chia for at least the next 3 years.

Despite its size and growth rate, little has been published about the Omega-3 industry, production and demand for these products, and the companies producing them. Our recent report looks in detail at these issues. Specifically, it provides:
- An overview of Omega-3, its health effects-especially on cardiovascular disease, mechanism of action, marine and plant sources, production technology, daily values and growth in awareness.

- Analysis of global marine and plant Omega-3 production volume and value by type, region and applications during the 2013-2018 period, exports, price trends and the competitive environment.

- Trends in the nutraceuticals industry, which Omega-3 products are part of, in terms of size, growth drivers, market dynamics, IPO and M&A activity, market attractiveness and outlook.

- A closer look at the cardiovascular, Omega-3 pharmaceutical market in terms of currently available treatment options, existing Omega-3 drug offerings, market size and outlook, new Omega-3 drug opportunities, competitive environment and new entrants.

For more information visit : Omega-3 Marine And Plant Products: Global Markets, Competitors And Opportunities- 2013-2018 Analysis And Forecasts

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