In which Year Market Production and Sales Going Up For Omega-3

Drivers
The key players operating in the global Omega-3 market are focused on research and development activities, in order to come up with innovative products and optimize expenditures. These companies are also focused on enhancing virtual client engagement, in order to expand their foothold.

Opportunities
The emergence of COVID-19 has compelled various small and medium-sized business to shift to cloud rather than on premise storage. Cloud computing offers various benefits including remote access, enhanced scalability, and cost optimization. Such changes can provide lucrative growth opportunities for companies providing cloud computing services.

Leading Key players in Omega-3 Industry:

Cargill, Incorporated
Croda International Plc
Epax
GC Rieber
Koninklijke DSM N.V.
Luhua Biomarine (Shandong) Co., Ltd.
OLVEA Fish Oils
Omega Protein Corporation
Pharma Marine AS
Polaris

Omega3 fatty acids are polyunsaturated fatty acids that are widely distributed in nature and form an important element in the constituents of animal lipid metabolism, human diet and physiology. There are three classes of polyunsaturated fatty acids which includes omega-3, omega-6 and omega-9 fatty acids. Alpha-Linolenic Acid (ALA) is present in plant oils, such as flaxseed, soybean and canola oils. Likewise, Docosahexaenoic Acid (DHA) and Eicosapentaenoic Acid (EPA) are mostly found in fish, but microalgae synthesized these components and not the fish. Omega-3s is an essential component that helps in the formation of the structure of cell membranes. It plays a significant role in anti-inflammatory processes in the cell membrane and also help in improving immunity in response to any infection to the human body.

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COVID-19 Impact on the Omega-3 market

No industry has been immune to the effect of COVID-19 pandemic with food and beverage sector being no exception. Despite the early hurdles the industry players faced, there has emerged a glimmer of hope in the recent times.

Points covered in the Omega-3 market report

1. A comprehensive insight into key players operating in the market and their corresponding data. It includes product portfolio, annual revenue, expenditure on research and development, fluctuation in revenue gained, manufacturing plants, geographical presence, strategic acquisitions and subsidiaries, key developments in recent years, and growth strategies.

2. Regional analysis, which includes insight into the dominant market and corresponding market share. It also includes various socio-economic factors affecting the evolution of the market in the region. It also profiles key growth opportunities for market players in the region during the forecast period.

3. The report offers a comprehensive insight into different individuals from value chains such as raw materials suppliers, wholesale dealers, logistics, distributors, and stockholders. It also discusses macroeconomic factors in the automotive industry such as unemployment rate, recession, and rate of inflation affecting the evolution of the Omega-3 market.

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