Global Omega 3 Ingredients Market Worth USD 13 Billion by 2025 | Key Players Archer Daniels Midland Company, DSM, BASF, DuPont, Cargill, Cyanotech.

Advancements in biotechnology created a new opportunity for the Global Omega 3 Ingredients Market:

Algae ingredients got success in food and drinks, most notably among them Life’s DHA vegetarian DHA omega-3 and TerraVia’s algal protein and lipid powder. Other algae ingredients, meanwhile, are still gaining footing in this promising market. Algae are mostly used in food industry due to their wide use of applications as functional ingredients. Algae are a rich source of essential oils like omega 3 fatty acids and PUFA, which are also used in pharmaceuticals and health food products. Algae are a varied group of aquatic organisms capable of performing photosynthesis.

Global Omega 3 Ingredients Market to Surpass USD 13 Billion by 2025, Expected to expand at a CAGR of 15.00%, during 2017-2025

Global Omega 3 Ingredients Market Drivers and Restraints:
The major drivers of the global omega3 ingredients market are the increased potential applications in food, cheaper source of raw material for industrial production, increased demand of Omega3 fatty acids, sustainable source of production and environmental concerns. The advancement in biotechnology and other feasible extraction technologies has created a good opportunity for the market. The high production, downstream processing costs and health safety issues of algae-based products and the extraction of algae requires expensive, energy-intensive processing technology which increases the cost of production, acting as the restraints of the market. Also, the products obtained from algae have a low sensory quality that is less acceptable to the end-user which is also affecting the market growth.

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Global Omega 3 Ingredients Market Geographic Segmentation
On the basis of the geographical analysis, the market is segmented into regions of North America, Latin America, Europe, Middle East and Africa and the Asia Pacific. North America holds the major share in the market due to the presence of market leaders as well as a sophisticated food industry and algae’s extensive use in food products.
Some of the key Players in Global Omega 3 Ingredients Market are:

The major companies dominating the global market include Archer Daniels Midland Company, DSM, BASF, DuPont, Cargill, Cyanotech, Roquette, Fuji Chemicals, FMC Corporation and Omega Protein Corporation

Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

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