Global Fatty Acids Supplements: Marine Oil Segment to Witness Highest Growth by 2020

Increasing awareness among consumers about health, diet, and fitness has helped improve lifestyles greatly. Omega-3 is among the best options for consumers looking for a healthy lifestyle. Increasing health awareness and medicinal benefits of fatty acids are major growth drivers for the global fatty acids supplements market. In the past few years, certain health organizations have indicated that omega-3 fatty acids can be useful in the treatment of eye, hair, and heart diseases.

In recent years, infant formula, which is one of the major applications of omega-3, has witnessed significant growth. According to the European Food Safety Authority (EFSA), omega-3 fatty acids can aid cognitive development in infants. Thus, companies such as Nestlé S.A. and Abbott Laboratories have been progressively expanding their product portfolios catering to this segment. For instance, infant formula, such as Similac with OptiGRO and Similac for supplementation, both products of Abbott Laboratories, are available in the market.

View Report @ https://www.marketresearchreports.biz/reports/320867/global-study-on-fatty-acids-market-research-reports

The Lower level of consumer awareness acts as a major restraint for the fatty acids supplements market. The situation is adverse in developing parts of the world where literacy rates are low and people have low disposable incomes to spend on dietary supplements. Companies such as Arista Industries, Croda Healthcare, DSM, and Dean Foods are focusing on spreading awareness, especially in high-potential markets in Asia Pacific and Latin America.

North America is the largest market for fatty acids supplements globally, followed by Europe. In 2013, North America accounted for about 35% of the global consumption of omega-3 fatty acids. A growing trend towards consuming beverages with functional ingredients has offered new opportunities for the addition of omega-3, such as EPA and DHA, in beverages. According to the United Soybean Board’s Consumer Attitudes about Nutrition survey, around 84% of consumers perceived omega-3 as a healthy fatty acid in 2012; and increase from 79% in 2011.

The global fatty acids supplements market is highly consolidated, with the top five companies holding around 75% market share. DSM leads the market, followed by Epax AS and Croda Health Care.

This report is a detailed study of the global fatty acids supplements market. It offers insights into the current and forecast market scenario. The report examines factors affecting the market movement and changing consumer behavior as well as provides details related to strategic planning of companies for growth and sustenance in the competitive market. Company profiles, included at the end of the report, cover company overview, products and segments, financial performance, and recent developments of various companies.

Get Sample Copy Of This Report @ https://www.marketresearchreports.biz/sample/sample/320867

Key points covered in the report

The report provides historic, present, and forecasted market size, analysis, trends, shares, and growth
It segments the market on the basis of source by volume (million tons) and by value (USD million) and on the basis of application by volume (million tons) and by value (USD million) for all geographies

The report covers following segmentations
On the basis of source:
Marine oils
Algal oils
Others (including flaxseed oils)
On the basis of application:
Dietary supplements
Functional food and beverages
Others (including pharmaceuticals and infant formula)
On the basis of geography:
North America
Europe
Asia Pacific
Rest of the World

It profiles some of the leading companies operating in the market
The report also includes Porter’s five forces analysis of the market

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Mr. Nachiket
State Tower
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-621-2074
Website: http://www.marketresearchreports.biz/
Email: sales@marketresearchreports.biz

This release was published on openPR.