Global Omega 3 Ingredients Market Growth, Trends, and Forecasts (2022 - 2027)

 

OMEGA 3 INGREDIENTS MARKET (

Omega 3 Ingredients Market

Growing consumer interest in the health benefits of various supplements has increased demand for omega 3 ingredients, which are classified as essential fatty acids. Organic compounds derived from plants and the sea are used to make Omega 3 supplements. Walnuts, flaxseeds, vegetable oils, flaxseeds, chia seeds, and other omega 3 plant sources

The global Omega 3 Ingredients Market was valued at US$ 3.83 billion in 2016 and is expected to expand at a CAGR of 15% in terms of revenue during 2017 – 2027

ALA (alpha-linolenic acid), EPA (eicosapentaenoic acid), and DHA are the three main omega 3 ingredients used for supplementing the essential fatty acids required for healthy growth and metabolism (docosahexaenoic acid). The demand for Omega 3 ingredients has been primarily driven by the demand for brain health and nutraceutical products for children. Although Omega 3 ingredients are not age-restricted, it is widely consumed by working adults to improve metabolic and cognitive health. Because omega 3 ingredients have been shown to benefit both physical and mental health, they are used as both a dietary supplement and preventive medicine, opening up new opportunities for manufacturers all over the world. Because of their multi-utility, omega 3 ingredients have well-defined supply chains and distributions all over the world. As Omega 3 ingredients have become an essential part of the daily diet, consumer demand for them is expected to drive the global Omega 3 ingredients market.

Omega-3 fatty acids are a type of polyunsaturated fat obtained by the body from food. Omega-3 fatty acids can be found in foods like fish and flaxseed, as well as dietary supplements like fish oil. The global omega 3 ingredients market is divided into three segments: type, application, and geography. The market is classified into concentrates, algal oil, cod liver oil, krill oil, menhaden oil, refined tuna oil, anchovy oil, and others. Furthermore, the market is divided into functional food and beverage, dietary supplements, infant nutrition, pet food and feed, pharmaceutical, and clinical nutrition. Finally, the report covers all global regions, including North America, Europe, Asia-Pacific, South America, and the Middle East as well as Africa Market sizing and forecasting have been done based on the value of each segment (in USD million).

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