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Omega-3 Market Key players are Cargill, Incorporated, FMC Corporation, Croda International Plc, Royal DSM, OLVEA Fish Oils, Omega Protein Corporation, GC Rieber Oils, Luhua Biomarine (Shandong) Co., Ltd., Pharma Marine AS and Polaris.

11-19-2018 06:16 AM CET | Health & Medicine

Press release from: Allied Market Research

Omega-3 Market Key players are Cargill, Incorporated, FMC

Omega 3 Market is expected to garner $6,955 million by 2022, registering a CAGR of 14.9 % during the forecast period 2016-2022.

The report on the global omega-3 market exclusively focuses on different types of omega-3, such as ALA, DHA, and EPA. The market is analyzed based on the different sources of omega-3 such as marine, nuts & seeds, vegetable oils, and others. The report also highlights various omega-3 applications, which include dietary supplement, pharmaceutical, infant formula, food & beverages, pet food, and fish feed. It analyzes the current omega-3 market trends in different geographies and suggests future growth opportunities.

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Rising demand from end users, and increasing awareness among consumers regarding healthy eating and health benefits of omega-3 are the key drivers of the global omega-3 market. The industry is constituted by ω-3 fatty acids market and n-3 fatty acids market segments which contribute significantly to the omega 3 fatty acids market size. However, stringent regulation barriers and high cost are likely to hinder the market growth. In addition, Asia-Pacific is projected to register significant growth as compared to the saturated markets of North America and Europe. The share of omega-3 fish oil market is expected to reduce, owing to the low cost of vegetative sources such as vegetable oil, nuts & seeds, and soya products. The production from these vegetative sources is expected to be commercialized from 2017.

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Omega-3 Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $6,955 million by 2022, registering a CAGR of 14.9% during the period 2016-2022. Docosahexaenoic acid segment (DHA) dominated with three-fourths market share, in terms of revenue, in 2015. Dietary supplement application accounted for three-fifths of the global omega-3 market share, in terms of volume, in 2015 and is anticipated to grow at a CAGR of 14.1%.

Omega-3 market is driven by factors such as rise in awareness among consumer about healthy & balanced diet and its health benefits. Moreover, omega-3 supplements such as eicosapentaenoic acid (EPA) and DHA reduces the risk of prostrate, colon, and breast cancer. An adequate amount of EPA decreases risk of depression and related health problems. The regulatory barrier limiting the consumption of omega-3 over certain range may restrain the market growth in the near future. Omega-3 obtained from plant origin, a good source of alpha-linolenic acid (ALA) for vegetarians, provides an opportunity for omega-3 market growth.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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