Press release
Omega 3 Fatty Acid Market Competitive Landscape, Trends and Forecast 2019-2024 For Players: Nordic Naturals, Zymes LLC, Wileys Finest Wild Alaskan Fish Oil, Organic Technologies & Pharmachem Laboratories, Inc.
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Based on types, the global omega-3 fatty acid market can be classified as docosahexaenoic acid (DHA), eicosapentaenoic acid (EPA) and α-linolenic acid (ALA). Further, ALA is found in plant oils, and DHA and EPA are found mainly in fish oils.
The factors driving the growth of global omega-3 fatty acid market include rising demand of omega-3 polyunsaturated fatty acids in pharmaceuticals and functional foods, rising awareness towards healthcare and chronic diseases, and expanding application profiling of omega-3.
Several pharmaceutical companies have already been using higher concentrations of omega-3 in pharmaceutical drugs, and in future, more companies are expected to enter the market of omega-3 drugs.
The factors driving the growth of global omega-3 fatty acid market include rising demand of omega-3 polyunsaturated fatty acids in pharmaceuticals and functional foods, rising awareness towards healthcare and chronic diseases, and expanding application profiling of omega-3.
Several pharmaceutical companies have already been using higher concentrations of omega-3 in pharmaceutical drugs, and in future, more companies are expected to enter the market of omega-3 drugs.
North America was the largest consumer of omega-3 products in 2014; followed by Europe. The regulations favoring the use of omega-3 in functional food and infant formula is expected to spur the demand for omega-3 fatty acid market in the developed regions. The Asia-Pacific omega-3 fatty acid market is expected to witness fastest growth during the coming years.
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Some of the key players in the global omega-3 fatty acid market are Nordic Naturals, Inc., Zymes LLC, Wiley's Finest Inc, Organic Technologies, Cellana Inc., Bioriginal Food & Science Corporation, Neptune Technologies & Bioressources Inc., Pharmachem Laboratories, Inc., and Marine Ingredients.
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