Omega 3 for Food Ingredients Market Analysis, Market Size, Share, COVID-19 Impact Analysis, Global Outlook, Competitive Strategies, Forecast
A Qualitative Research Study accomplished by Data Bridge Market research's titled as "Omega 3 for Food Ingredients Market" with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy to understand detailed analysis. Omega 3 for Food Ingredients market research report has been generated with the systematic gathering and evaluation of market information for Omega 3 for Food Ingredients industry which is presented in a form that explains various facts and figures to the business. This market research report contains thorough analysis of market and numerous related factors that range from market drivers, market restraints, market segmentation, opportunities, challenges, and market revenues to competitive analysis. It lends a hand to companies to take decisive actions to deal with threats in niche market. A brilliant team of analysts, experts, statisticians, forecasters and economists has worked rigorously to generate this advanced and all-inclusive Omega 3 for Food Ingredients market research report.
Global Omega 3 for Food Ingredients Market was valued at USD 3.08 billion in 2021 and is expected to reach USD 8.37 billion by 2029, registering a CAGR of 13.30% during the forecast period of 2022-2029. Marine-Derived is expected to witness high growth in the source segments of the market owing to the numerous benefits associated with the type. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
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Market Definition
Omega 3 ingredients refer to the naturally occurring polyunsaturated fatty acids and nutrients. These are known to be imperative for optimal human health. Alpha-linoleic acid (ALA), docosahexaenoic acid (DHA) and eicosapentaenoic acid (EPA) are three types of omega 3 ingredients available in the market. EPA and DHA are mainly extracted from fishes, while ALA is derived from plants sources.
Report Scope and Market Segmentation
REPORT METRIC |
DETAILS |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to –2014-2019) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Source (Plant-Derived, Marine-Derived), Product Type (Docosahexaenoic Acid (DHA), Eicosapentaenoic Acid (EPA), Alpha-Linolenic Acid (ALA)), Application (Dietary Supplements, Functional Foods and Beverages, Pharmaceuticals, Infant Formula, Pet Food and Feed) |
Countries Covered |
U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
Market Players Covered |
Cargill Incorporated (US), BASF SE (Germany), DSM (Netherlands), Orkla (Norway), Croda International Plc (UK), Lonza. (Switzerland), KD Pharma Group (Germany), Corbion (Netehrlands), GC Rieber (India), Epax (Norway), Runke Bioengineering (China), Nordic Naturals, Inc. (US), Golden Omega (Chile), Kinomega Biopharm Inc. (China), Sinomega Biotech Engineering Co. Ltd. (China), Polaris (US), Pharma Marine AS (Norway), Huatai Biopharm (China), ALGISYS LLC (US), and Biosearch Life (Spain), among others |
Market Opportunities |
|
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Inclination towards Healthy Lifestyle
The increase in the consumer preference for dietary improvements acts as one of the major factors driving the growth of omega 3 for food ingredients market. The rise in trend of leading a healthy lifestyle among all age groups shifting to healthy and innovative approach have a positive impact on the industry.
- Prevalence of Chronic Diseases
The surge in the adoption of the omega 3 in food intake across the globe owing to the rise in the occurrences of Cardiovascular Diseases (CVDs) accelerate the market growth. Also, the rise in importance of immunity development due to the outbreak of COVID-19 escalates the demand for omega 3 supplements.
- Prevalence of Obesity
The increase in the prevalence of obesity among population further influences the market. People reaching out to dieticians and nutritionists providing customized diet plans with the aim of losing weight helps in the market growth.
Additionally, change in lifestyle, increase in the disposable income and rise in awareness regarding the benefits of the nutrition plan positively affect the omega 3 for food ingredients market.
Opportunities
Furthermore, increase in consumer demand for plant-based products and research and development extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, collaborations and strategic partnerships will further expand the market.
Restraints/Challenges
On the other hand, high cost associated with the research and development activities, and presence of regulations are expected to obstruct market growth. Also, lack of clarity amongst consumers about daily recommended intake is projected to challenge the omega 3 for food ingredients market in the forecast period of 2022-2029.
This omega 3 for food ingredients market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on omega 3 for food ingredients market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- AlgaeCytes Limited news regarding their first commercial plant in Dessau, Saxon-Anhalt, Germany in May’2021. AlgaeCytes Germany GmbH, a subsidiary of AlgaeCytes Limited will be operating the plant as an owner.
- Thai Union Group PCL and Corbion unveiled the news regarding the adoption of AlgaPrime DHA, an omega-3 rich algae feed ingredient in their Thai Union shrimp feed in October’2020. The partnership aims at making successful use of alternative and sustainable feed ingredients at scale.
Some of the major players operating in the Omega 3 for Food Ingredients market are:
- Cargill Incorporated (US)
- BASF SE (Germany)
- DSM (Netherlands)
- Orkla (Norway)
- Croda International Plc (UK)
- Lonza. (Switzerland)
- KD Pharma Group (Germany)
- Corbion (Netehrlands)
- GC Rieber (India)
- Epax (Norway)
- Runke Bioengineering (China)
- Nordic Naturals, Inc. (US)
- Golden Omega (Chile)
- Kinomega Biopharm Inc. (China)
- Sinomega Biotech Engineering Co. Ltd. (China)
- Polaris (US)
- Pharma Marine AS (Norway)
- Huatai Biopharm (China)
- ALGISYS LLC (US)
- Biosearch Life (Spain)
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The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Omega 3 for Food Ingredients market
- Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Omega 3 for Food Ingredients Market
Consider Data Bridge Market Research for this Report which would Help Impact Your Revenues Positively
- This study offers the latest product news, trends, and updates from the industry's leading players who have leveraged their market position.
- It also offers strategic plans and standards to arrive at informed business decisions adopted by the main players, thereby advocating your go to market strategies.
- In addition, it offers insights into the dynamics of customer behavior that can help the organization better curate market strategies
- Usage of exclusive tailor-made tools along with primary research, secondary research and our in-house data model helps us in extracting the exact market numbers
- Mapping the customer in 3P grid comprising of Purpose, Planning and Positioning, thereby delivering a solution by keeping the prospecting client at the sweet spot
- The market research report includes all of the market's valuable elements, such as sales growth, product pricing & analysis, growth opportunities, and recommendations for addressing market challenges
- The Omega 3 for Food Ingredients report covers all the primary mergers & acquisitions, alliances, and collaborations that have generated additional opportunities for market players or in some cases, challenges
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Key Industry Segmentation: Omega 3 for Food Ingredients Market
The omega 3 for food ingredients market is segmented on the basis of source, product type and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Source
- Plant-Derived
Nuts and Seeds
Vegetable Oils and Soybeans
- Marine-Derived
Fishes
Product Type
- Docosahexaenoic Acid (DHA)
- Eicosapentaenoic Acid (EPA)
- Alpha-Linolenic Acid (ALA)
Application
- Dietary Supplements
- Functional Foods and Beverages
- Pharmaceuticals
- Infant Formula
- Pet Food and Feed
Regional Analysis/Insights: Omega 3 for Food Ingredients Market
The omega 3 for food ingredients market is analysed and market size insights and trends are provided by country, source, product type and application as referenced above.
The countries covered in the omega 3 for food ingredients market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the omega 3 for food ingredients market because of the rise in awareness among consumers about their health within the region.
Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 because of the increase in the number of obesity rates in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Omega 3 for Food Ingredients Market: Regulations
- Market Overview
- Global Omega 3 for Food Ingredients Market, By Variety
- Global Omega 3 for Food Ingredients Market, By Packaging Size
- Global Omega 3 for Food Ingredients Market, By Application
- Global Omega 3 for Food Ingredients Market, By Distribution Channel
- Global Omega 3 for Food Ingredients Market, By Region
- Global Omega 3 for Food Ingredients Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
To Check the Complete Table of contents, click here @ https://www.databridgemarketresearch.com/toc/?dbmr=global-omega-3-for-food-ingredients-market
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