Omega 3 Ingredients – Insights
Omega 3 ingredients are naturally occurring polyunsaturated fatty acids and nutrients that are imperative for optimal human health. There are three types of omega 3 ingredients, namely, alpha-linoleic acid (ALA), eicosapentaenoic acid (EPA), and docosahexaenoic acid (DHA). EPA and DHA are primarily extracted from fish and ALA is primarily extracted from plants sources such as seeds and nuts.
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Market Dynamics
Increasing consumer health awareness about the benefits associated with the consumption of omega-3 fatty acids such as DHA and EPA are major factors fueling growth of the global omega-3 ingredients market. Omega-3 ingredients are also linked with lowering prevalence of cancer, heart diseases, and arthritis. Cancers of the prostrate, colon, and breast can be lowered with the intake of omega-3 ingredients. Also, omega-3 ingredients play a major role in brain development of infants, which is a major factor propelling growth of the global omega 3 ingredients market.
Market Taxonomy
This report segments the global Omega 3 Ingredients market on the basis of source, type and application. On the basis of source, the market is segmented as Nuts and Seeds, Vegetable Oils, Marine and Soya. On the basis of type, the global Omega 3 Ingredients market is segmented as ALA, DHA and EPA. On the basis of application, the global Omega 3 Ingredients market is segmented into Infant Formula, Supplements & Functional Foods, Animal Feed, Pharmaceuticals and Others.
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Multinational players need to tap into the potential addressable market in emerging regions with the help of geographical expansion
Major players in the global Omega 3 Ingredients market include Koninklijke DSM NV, BASF SE, Croda International Plc., NU-MEGA Ingredients Pvt. Ltd., Pronova BioPharma ASA, Omega Protein Corporation, and Ocean Nutrition Canada Limited, among others.
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