The global Omega 3 Poly Unsaturated Fatty Acids
market is expected
to witness significant demand over the forecast period. Omega 3 Poly
Unsaturated Fatty Acids (PUFAs) is a kind of necessary fats which cannot be
produced by human body and which imposes ingestion through food, as it is major
for enhancing metabolic processes such as cognitive functions and
cardiovascular. Omega 3 PUFA has come out as potential nutritional ingredients.
Its use in equipped food products, supplements, nutritive drinks, and
pharmaceuticals. Omega 3 PUFA ingredients have been acquiring high traction in
the beverages & food industry with the thriving equipped products sections.
The consumer consciousness of omega-3 PUFA health advantage
and growing disposable income, particularly in urban regions of the country,
will direct the market expansion over the forecast period. Omega-3 demand has
been increasing and is expected to continue growing significantly over the
forecast period. There are many factors that are expected to influence the
omega-3s industry over the forecast period. Although the prevalence of fish oil
in the world market for omega-3 is expected to drive the industry and would
carry on to do so over the forecast period.
For one, the industry is expected to witness a marked shift
directed towards products with superior concentrations, a key trend that is
expected to observe in the developing global omega-3 PUFA market. This results
from the consumers upgrading from lesser concentrated products to more
concentrated products in a purpose to get more DHA/EPA per capsule. Products
with high concentrations provide the benefit of attaining the related
health-promoting levels of DHA and EPA.
Pharmaceutical drugs, by evasion, have initialized
incorporating more concentrations of omega-3 and it is expected over the
forecast period, several novel companies would be hopping on to the production
of omega-3 drugs. Many other drugs are in Phase III or Phase II clinical
trials, with much more expected to come on-stream pretty soon. Moreover, the
coming year or two is expected to witness an influx of novel companies
attacking the worldwide omega-3 market.
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In a worldwide scenario where growing attention is being
focussed towards the matter of limited food supplies and sustainability, algal
sources provide huge scope for the quickly expanding omega-3 PUFA industry to
carry on in the same vein. The focus on attaining DHA and EPA from algae was
encouraged by an endeavour to search for more sustainable sources. However, the
omega-3 content in krill and fish originates from their intense consumption of
other creatures that nourish on algae and algae directly. The past decades have
seen many research studies that have underlined the importance of omega-3 PUFA
in keeping heart health good, in addition, to protecting against cancer and
birth deficiencies and counteract symptoms of arthritis, diabetes, depression,
cognitive decline and many other conditions. Omega-3 Polyunsaturated Fatty
Acids have been increasing and continues to grow considerably over the forecast
period, attributed to the aforementioned benefits.
The market has been segmented by type mainly into Omega 3
ingredients comprising Docosahexaenoic Acid (DHA), Eicosapentaenoic Acid (EPA),
and Alpha-linolenic Acid (ALA). EPA and DHA account for a major share in terms
of revenue, owing to their increasing application in products that decreases
the possibility of cardiovascular diseases. On the basis of various source, the
market can be segregated into sardines/anchovy, salmon, Plant, menhaden, seed,
krill, nut, cod, and tuna. Nut, Plant, and seed are expected to capture maximum
revenue over the forecast period owing to increasing demand of marine extracted
omega-3 coupled with increasing inclination towards plant supported diet. On
the basis of application, the market can be segregated into Fat & spreads,
Dairy Products & eggs food supplements, Bakery, confectionary, dietary
supplements and non-alcoholic beverages.
Dietary supplements section is expected to be the biggest
consumer of an omega-3 constituent in term of revenue and volume over the
forecast period, chased by food supplement and non-alcoholic beverage
enrichment sector. Fish oil supplied omega-3 ingredients is expected to dictate
the dietary supplement sector over the forecast period, Algal DHA oils expected
to lead in food supplement sector & non-alcoholic beverage enrichment
industry. Other end-use application markets for omega-3 PUFA constituents
comprise pet nutrition with a noteworthy consumption and infant nutrition with
the slightest utilization in terms of volume. Clinical and Pharma nutritional
functions are yet to be industrialized across the world omega-3 PUFA market.
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