Competitive and Strategic Intelligence on Omega 3 Ingredients Industry

Posted by PRIYANKA KULKARNI on October 4th, 2019

As indicated by another examination by TMR, the worldwide offers of omega 3 ingredients are assessed to outperform incomes worth US$ 4,900 out of 2019. The omega 3 ingredients market keeps on remaining impacted by different components, which range from an upsurge in various proactive wellbeing cognizant customers to developing inclination for polyunsaturated unsaturated fats (PUFAs) as a preventive answer for avoid ceaseless maladies.

The investigation opines that the omega 3 ingredients market will keep on seeing an outstanding development in accordance with rising shopper acknowledgment of insusceptibility upgrading supplements close by the wellbeing and health pattern. Expanding utilization of polyunsaturated fats in dietary enhancements, newborn child recipes, F&B industry, and pharmaceutical and nutraceutical industry are probably going to maintain offers of omega 3 ingredients.

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Evident Health Benefits of Fish Oil-derived EPA and DHA Favor Omega 3 Ingredients Sales

According to the study, Perceived health benefits of omega 3 fatty acids, extracted from fish oil, have been underpinning sales of omega 3 ingredients. Growing consumer transition from saturated and trans-fats based regular diet, to mono- and poly-unsaturated fats, which helps in lowering LDL cholesterol and risk of cognitive impairment, will create opportunities for omega 3 ingredients market.

The study opines that growing consumer recognition of the benefits of algal oils for improving joint, cardiovascular health, and fighting depression is another key influential aspect for consumption of omega 3 ingredients. Although demand for animal-based omega 3 ingredients remains high, the study envisages steep growth in plant-based variants as more consumers embrace the upward vegan trend.

Omega 3 ingredients are witnessing significant global traction due to the increasing application of PUFAs in food and beverages, pharmaceuticals, and aquaculture industries. Rising adoption of omega 3 ingredients for infant formulas, in light of the visual and neurological development benefits of these fatty acids for toddlers continues to augment the market growth. With extensive researches recognizing potential benefits of fish oil, which contains particularly eicosapentaenoic acid (EPA) and docosahexaneoic acid (DHA), it is highly likely that consumer acceptance of omega 3 ingredients will grow at a rapid pace.

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The study opines that omega 3 ingredients manufacturers are leveraging microencapsulation technology to incorporate fatty acid-rich fish oils into food, and stabilize these fish oil-enriched foods. Applications of highly stable microencapsulated rich in omega 3 ingredients fish oil products in infant formulas, dietary supplements, and food and beverages industry will remain lucrative for market growth.

The penetration of novel technologies in the omega 3 ingredients market grows unabated, as the players focus on innovation to provide high-quality products with extended shelf life. For instance, a leading company in omega 3 ingredients market, Polaris Nutritional Lipids, developed Qualitysilver – a technology that prevents oxidation of oil to protect its nutritional and organoleptic qualities.

Developed Markets – First Wave of Growth for Omega 3 Ingredients Manufacturers

The study opines that growing health concerns pertaining to lack of eicosapentaenoic acid and docosahexaneoic acid are making an increased number of consumers proactive regarding awareness of immunity enhancers. Recent studies allude a large number of health-conscious consumers in Europe and North America to consume fish oil-derived omega 3 ingredients, as these reduce the risk of chronic ailments.

Realizing the growth potential in omega 3 ingredients industry, several companies are offering omega 3 ingredients-based gummy candies that are available in various flavors, such as orange, lemon, and strawberry. Consumption of gummy candies that contain particularly eicosapentaenoic acid, and docosahexaneoic acid omega 3 ingredients is significantly high among consumers in countries such as the U.S. and the U.K.

The companies operating in the omega 3 ingredients market, as profiled in the study, include Marine Ingredients, LLC., Omega Protein Corporation, Copeinca ASA, Cargill Incorporated, GC Rieber Oils AS, POLARIS Nutritional Lipids, Croda International plc, Luhua Biomarine (Shandong) Co., Ltd, Koninklijke DSM N.V., Denomega Nutritional Oils, and NU-MEGA Ingredients Pty Ltd. (Clover Corporation).

 

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PRIYANKA KULKARNI

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PRIYANKA KULKARNI
Joined: May 23rd, 2019
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