New York City, 03 Feb 2020: According
to a new report published by Polaris Market Research the omega
3 market is anticipated to reach over USD 4,262.5 million by
2026. In 2017, the functional food and supplements segment dominated the global
market, in terms of revenue. North America was the leading contributor to the
global market revenue in 2017.
A significant increase in awareness
regarding a healthy diet, changing lifestyles, and health benefits offered by
omega 3 drive the growth of this market. Other driving factors include
growing inclination towards use of natural and organic products, and increasing
use of omega 3 in functional food and pharmaceutical. Increasing demand from
developing nations is expected provide numerous growth opportunities to the
market players during the forecast period.
Sample Copy:
https://www.polarismarketresearch.com/industry-analysis/omega-3-market/request-for-sample
There has been a growing awareness
regarding health benefits offered by omega 3 among consumers. Omega 3 assists
in body functions such as muscle activity, brain development and functioning,
blood clotting, digestion, fertility, and cell division and growth, which has
increased its adoption. Use of EPA also helps in controlling anxiety,
depression and other related health problems.
Improvement in lifestyle due to
rise in income level, especially in the developing countries of Asia-Pacific
fuels the demand for omega 3 market. Factors such as increase in per capita
income, changes in consumer behavior, and increased awareness regarding health
and nutrition are expected to accelerate the adoption of omega 3 in the coming
years.
North
America generated the highest revenue in the market in 2017. The increasing
geriatric population in the region coupled with high disposable income drives
the market growth. The increasing demand of omega 3 in the region is owing to
high consumer awareness regarding the benefits of omega 3, and growing health
concerns. Asia-Pacific is expected to grow at the highest CAGR during the
forecast period owing to increasing disposable incomes in developing countries
of this region, and rising demand of omega 3 for infant formula, animal feed,
and pharmaceutical.
Discount On
this Report: https://www.polarismarketresearch.com/industry-analysis/omega-3-market/request-for-discount-pricing
The different applications of omega
3 include functional food and supplements, pharmaceutical, infant formula,
animal feed, and others. In 2017, functional food and supplements segment
accounted for the highest market share. Use of omega 3 in functional food and
supplements provide proper nutrition and enable efficient functioning of human
bodies. The increasing demand of functional food and supplements from athletes
and sports sector further supports market growth.
The well-known companies profiled in
the report include Omega Protein Corporation, Croda International PLC, Arista
Industries Inc., Cargill, Inc., Royal DSM, Pharma Marine AS, GC Reiber Oils,
Nordic Naturals Inc., Reckitt Benckiser Group plc, Pharma Nord B.V., Pharmavite
LL, and Natrol LLC among others. These companies launch new products and
collaborate with other market leaders to innovate and launch new products to
meet the increasing needs and requirements of consumers.
About Polaris Market Research
Polaris Market Research is a global market research and consulting
company. The company specializes in providing exceptional market intelligence
and in-depth business research services for our clientele spread across
different enterprises.
Contact
Us:
Polaris Market Research
Phone: 1–646–568–9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
No comments:
Post a Comment
Please do not enter any spam link in the comment box...