The 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.
Browse full research report on Omega 3 Supplements 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.
Browse more reports of this category by Grand View
Research: 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
Access Press Release
By Grand View Research: http://www.grandviewresearch.com/press-release/gobal-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.
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