San Francisco, 24 December 2018, Omega 3 Supplement Market Analysis By Source
(Fish Oil, Krill Oil), By Application (Infant Formula, Food & Beverages,
Nutritional Supplements, Pharmaceutical, Animal Feed, Clinical Nutrition), And
Segment Forecasts, 2018 - 2025
The global omega3 supplements market is
expected to reach USD 57.07 billion by 2025, according to a new report by Grand
View Research, Inc. Omega 3 supplements market is anticipated to witness a
significant growth on account of high application scope coupled with increasing
demand from infant formula.
Numerous factors such as urbanization and
government efforts to educate consumers and provide superior healthcare
services are likely to fuel the utilization of omega 3 based products. In
addition, increased consumer willingness to spend is anticipated to provide a
positive outlook to the omega 3 supplements market.
Increasing opportunities from the sports
nutrition market due to rising preference for leading an active lifestyle
coupled with growing awareness regarding omega-3 benefits are likely to play a
significant role in driving the market growth. Companies such as Coromega offer
combo products to serve the sports industry.
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Full Research Report On Omega 3 Supplement Market Analysis:
Further key findings from the report suggest:
·
Fish oil segment was valued at USD 27.60
billion in 2016 on account of early adoption to treat joint pain and other
medical conditions
·
Anchovy accounted for the largest market
share in 2016 and is expected to witness a CAGR of 6.0% owing to abundant &
easy availability of fish and low mercury levels
·
Salmon oil accounted for a share of 3.3% in
2016 and is expected to witness a considerable growth over the forecast period
owing to requirement of relatively less time for the production of oil from
salmon as compared to other fish.
·
Central & South America accounted for a
share of 2.5% of the global omega 3 supplements demand in 2016 due to the
growing penetration of pharmaceutical products and increasing income levels of
consumers
·
Research & development and expansion
are the key strategies that are being adopted by the players to strengthen
their position in the market. Companies are continuously trying to develop
application-specific products in order to expand their market scope.
·
In May 2015, Ascenta Health was acquired by
Nature Way, a U.S.-based brand. In May 2015, Aker BioMarine was granted two
patents by the U.S. Patent Office for the method of manufacturing superba and
other krill oils from denatured krill or krill meal using a polar solvent.
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Research At: www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
Grand View Research has segmented the
global omega 3 supplements market on the basis of source, applications, and
region:
Omega 3 Supplements Source Outlook (Revenue,
USD Million, 2014 - 2025)
·
Fish Oil
o
Anchovy
o
Sardine
o
Salmon
o
Tuna
o
Cod Liver
o
Others
·
Krill Oil
·
Others
Omega 3 Supplements Application Outlook (Revenue,
USD Million, 2014 - 2025)
·
Infant Formula
·
Food & Beverages
·
Nutritional Supplement
·
Pharmaceutical
·
Pet & Animal Feed
·
Clinical Nutrition
Omega 3 Supplements Regional Outlook (Revenue,
USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
Germany
o
UK
o
Spain
o
Italy
·
Asia Pacific
o
China
o
Japan
o
India
·
Central & South America
o
Brazil
·
Middle East & Africa
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-omega-3-supplements-market
www.grandviewresearch.com/press-release/global-omega-3-supplements-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/
