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Increasing Applicability of Omega 3 Ingredients Supplements to flourish the Demand In 2021

Increasing Applicability of Omega 3 Ingredients Supplements

The current application scope of omega 3 ingredients is expected to receive an overhaul over the coming years, as research and development efforts are able to make omega 3 ingredients that can be used in a wide array of food and beverage products. At the same time, the current foods and beverages that are enriched with omega 3 ingredients are finding a greater audience in emerging economies. A prime example of this would be the use of omega 3 fatty acids in infant formula. It is being made available in growing volumes in Asia Pacific, thereby significantly increasing the consumption of omega 3 ingredients in this region.

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More and more people are becoming aware of the health benefits related to consuming omega 3 fatty acids on a regular basis. This has been possible on a global scale through the high level of urbanization in many countries. The urban population is easier to reach when it comes to nutritional supplements food additives and are also likely to fall prey to the diseases that can be avoided by consuming these supplements. Awareness is predominantly increased through marketing attempts as well as the publication of scientific studies. In the case of omega 3 fatty acids, research has shown that regular consumption can reduce the risks a person runs of suffering from skin and prostate cancer. EPA/DHA can also help reduce asthma severity and reduce bronchial inflammation.

Despite these attempts, there is still a largely low awareness level among people when it comes to differentiating between fatty acids that are “good” and “bad” for consumption. There are several specifics in the use and intake of fatty acids that consumers need to be aware of, and at the moment the rate of awareness is considerably low.

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Owing to the factors, above, the global market for omega 3 ingredients is expected to reach a revenue of US$7.49 bn by 2021. In terms of revenue, from 2014 to 2021, this market is expected to witness a CAGR of 15.2%, and is projected to reach US$3.70 bn by the end of 2016.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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