Global Omega 3 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.
Full Research Report on Global Omega 3 Supplements Market
Analysis:
http://www.grandviewresearch.com/industry-analysis/omega-3-supplement-market
http://www.grandviewresearch.com/industry-analysis/omega-3-supplement-market
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.
View more reports of this category by Grand View Research
at: http://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
- Anchovy
- Sardine
- Salmon
- Tuna
- Cod Liver
- 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
- U.S.
- Canada
- Europe
- Germany
- UK
- Spain
- Italy
- Asia Pacific
- China
- Japan
- India
- Central & South America
- Brazil
- Middle East & Africa
View Press Release of this research report by Grand View
Research: http://www.grandviewresearch.com/press-release/gobal-omega-3-supplements-market
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
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