Omega 3 Market: Study Navigating the Future Growth Outlook

Omega 3 - Know Factors Driving the Market to Record Growth

 

Edison, NJ -- (SBWIRE) -- 02/10/2020 -- The Omega 3 - Market Development Scenario" Study has been added to AMA database. The study envisage qualitative as well as quantitative market data and follows Industry benchmark classification and NAICS standards to built strong players coverage for final study. Some of the major and emerging players identified are Cargill, Incorporated (United States), FMC Corporation (United States), Royal DSM (Netherland), Croda Inc. (United Kingdom), Omega Protein Corporation (United States), Pharma Marine USA LLC (United States), Denemoga (Norway), Arista Industries Inc. (United States), Gc Rieber (Norway) and Polaris (France) etc.

Industry Background:

Omega-3 refers to the class of essential fatty acids found in fish oils. The ingredients in Omega-3 have diverse applications in the health or medical benefits, including the prevention and treatment of various chronic diseases such as high blood pressure, cardiovascular diseases, and cancer. Moreover, According to the U.S. Food and Drug Administration (FDA), the use of omega-3 fatty acids in food or dietary supplements can reduce the risk of coronary heart disease and hypertension. Increasing demand for dietary supplements enhancing the growth of the omega-3 market as there has been a rise in demand for pharma-grade omega 3 in the last few years. According to AMA, the market for Omega 3 is expected to register a CAGR of 10.12% during the forecast period to 2024. This growth is primarily driven by Increasing Consumer Awareness Regarding Health Benefits of Omega-3 and Growing Focus on Preventive Healthcare Measures.

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Market Competition

Each company profiled in the research document is studied considering various factors such as product and its application portfolios, market share, growth potential, future plans, and development activity. Readers will be able to gain complete understanding and knowledge of the competitive landscape. Most importantly, the report sheds light on important strategies that key and emerging players are taking to maintain their ranking in the Global Omega 3 Market. It shows how the market competition will change in the next few years and how players are preparing themselves to stay ahead of the curve.
Market Drivers

- Increasing Consumer Awareness Regarding Health Benefits of Omega-3
- Growing Focus on Preventive Healthcare Measures

Market Trend
- Rising Applications in the Pharmaceuticals & Functional Foods
- Technological Advancement in the Manufacturing Techniques of Omega-3

Restraints
- High Cost Involved In R&D Activities
- Stringent Government Regulations

Opportunities
- Increasing Usage in the Active Pharmaceutical Ingredient (API) and Rising Demand from the Developing Economies

Challenges
- Low Production of Fish Oil Owing to Sustainability Issues of Fisheries

Global Omega 3 Market Development Scenario by Players
- Patent Analysis Briefing* [if applicable]
- No. of Patents Issuance by Year / by Players / By Issuing Office
- Key Development – Product/Service Launch, Mergers & Acquisition, Joint Ventures
- Financials Information, Business Overview and Product Specification Matrix

Important Features that are under offering & key highlights of the report:

1) How companies are selected or profiled in the report?
List of some players that are profiled in the the report includes " Cargill, Incorporated (United States), FMC Corporation (United States), Royal DSM (Netherland), Croda Inc. (United Kingdom), Omega Protein Corporation (United States), Pharma Marine USA LLC (United States), Denemoga (Norway), Arista Industries Inc. (United States), Gc Rieber (Norway) and Polaris (France) etc". Usually we follow NAICS Industry standards and validate company profile with product mapping to filter relevant Industry players, furthermore list is sorted to come up with a sample size of atleast 50 to 100 companies having greater topline value to get their segment revenue for market estimation.
** List of companies mentioned may vary in the final report subject to Name Change / Merger etc.

2) Can we add or profiled new company as per our need?
Yes, we can add or profile new company as per client need in the report, provided it is available in our coverage list as mentioned in answer to Question 1 and after feasibility run final confirmation will be provided by research team checking the constraints related to difficulty of survey.

3) Can we narrow the available business segments?
Yes, depending upon the data availability and feasibility check by our Research Analyst, further breakdown in business segments by end use application or product type can be provided (If applicable) by Revenue Size or Volume*.

4) Can specific country of interest be added? What all regional segmentation covered?
Yes, Country level splits can be modified in the study as per objectives. Currently, research report gives special attention and focus on following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey & Rest of Middle East & Africa
** One country of specific interest can be included at no added cost. For inclusion of more regional segment quote will vary.

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The titled segments and Market Data Breakdown are illuminated below:

By Type
- ALA (Alpha-Linolenic Acid)
- DHA (Docosahexaenoic Acid)
- EPA (Eicosapentaenoic Acid)
By Application
- Dietary Supplement
- Pharmaceutical
- Infant Formula
- Food & Beverage
- Pet Food
- Fish Feed
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]

Over the past few year, factors that have contributed to the development of the Global Omega 3 market is covered in the research document by studying each micro element at very minute level to identify future growth scenario. Undoubtedly, the most promising market promoter bringing direct and indirect economic benefits to the market sizing. The Omega 3 market is expected to make a significant contribution with an estimated market to reach USD XXX million by 2025 growing at a CAGR of yy%.

***Sub Regions Included: North America [United States, Canada, Mexico], Asia-Pacific [China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam], Europe [Germany, France, UK, Italy, Russia, Rest of Europe], South America [Brazil, Argentina, Rest of South America], Middle East & Africa [GCC Countries, Turkey, Egypt, South Africa, Rest of Middle East & Africa]

*** Unless until specified in Original TOC of Global Omega 3 Market Study

All viewpoints in the report are based on iterative validation by engaging influencer, experts of the market, whose opinions supersede all other research methodologies. Both primary and secondary approach are used and detailed product portfolio / service offering were analysed and have been presented in a separate chapter of competitive landscape along with company profile.

Research Objectives
- To analyse and forecast the Global Omega 3 market, in terms of value and volume.
- Which segment has the potential to gain the highest market share?
- To help decision maker from new offer perspective and benchmark existing marketing strategy.
- Correlate cost structure historical data with key business segments.
- Analyse marketing contribution and customer acquisition by up-selling and cross selling.
- Identifying Influencing factors keeping Global Omega 3 Market Intense, factored with periodic analysis of CR4 & CR8 concentration ratio & HHI Index.

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