Omega 3 Market Share, Forecasts 2014 To 2020: Grand View Research, Inc.

Page 1

Grand View Research, Inc: Global Omega 3 Market Expected to Reach USD 7.32 billion by 2020

The global market for omega 3 is expected to reach USD 7.32 billion by 2020, according to a new study by Grand View Research, Inc. Growing consumer awareness regarding the health benefits associated with omega 3 coupled with rising prevalence of coronary heart diseases are expected to drive market demand over the next six years. In addition, growing demand from emerging applications such as infant formulas and pharmaceuticals would further boost the growth of the market over the next six years. Raw material procurement, consumer perception with regards to fish oil and its smell and the lack of standardization in terms of labeling and registration are expected to be key challenges for market participants in the near future. Functional foods were the largest application segment of omega 3 ingredients in 2013, accounting for over 55% of the global demand. Infant formulas and pharmaceuticals were other key applications of omega 3 and are expected to have a combined market of over 2.7 billion by 2020, growing at a CAGR of 16.9 % and 17.5% from 2014 to 2020, respectively. Increasing R&D in encapsulation technology offers the market with growth opportunities over the next six years. View summary of this analysis/omega-3-market

report

@

http://www.grandviewresearch.com/industry-


Omega 3 market volume share, by application, 2012

Table of Contents Chapter 1 Executive Summary 1.1 Omega 3 – Industry Summary & Critical Success Factors (CSFs) Chapter 2 Omega 3 Industry Outlook 2.1 Market Segmentation 2.2 Market Size and Growth Prospects 2.3 Market Dynamics 2.5 Key Opportunities Prioritized 2.6 Omega 3 - Company Market Share Analysis 2.7 Omega 3 - PESTEL Analysis Chapter 3 Omega 3 Application Outlook 3.1 Pharmaceuticals 3.2 Pet Feed 3.3 Functional Foods 3.4 Infant Formulas 3.5 Others Chapter 4 Omega 3 Regional Outlook 4.1 North America 4.2 Latin America 4.3 Europe 4.4 Asia Pacific 4.5 Middle East and Africa


Chapter 5 Omega 3 Competitive Landscape 5.1 Aker BioMarine 5.1.1 Company Overview 5.1.2 Financial Performance 5.1.3 Product Benchmarking 5.1.4 Strategic Initiatives 5.2 Axellus 5.2.1 Company Overview 5.2.2 Financial Performance 5.2.3 Product Benchmarking 5.2.4 Strategic Initiatives 5.3 BASF 5.3.1 Company Overview 5.3.2 Financial Performance 5.3.3 Product Benchmarking 5.3.4 Strategic Initiatives 5.4 BioProcess Algae 5.4.1 Company Overview 5.4.2 Financial Performance 5.4.3 Product Benchmarking 5.4.4 Strategic Initiatives 5.5 Croda 5.5.1 Company Overview 5.5.2 Financial Performance 5.5.3 Product Benchmarking 5.5.4 Strategic Initiatives 5.6 EPAX 5.6.1 Company Overview 5.6.2 Financial Performance 5.6.3 Product Benchmarking 5.6.4 Strategic Initiatives 5.7 Martek Biosciences 5.7.1 Company Overview 5.7.2 Financial Performance 5.7.3 Product Benchmarking 5.7.4 Strategic Initiatives 5.8 Lonza 5.8.1 Company Overview 5.8.2 Financial Performance 5.8.3 Product Benchmarking 5.8.4 Strategic Initiatives 5.9 Pronova 5.9.1 Company Overview 5.9.2 Financial Performance


5.9.3 Product Benchmarking 5.9.4 Strategic Initiatives 5.10 GC Rieber Oils 5.10.1 Company Overview 5.10.2 Financial Performance 5.10.3 Product Benchmarking 5.10.4 Strategic Initiatives 5.11 Omega Protein 5.11.1 Company Overview 5.11.2 Financial Performance 5.11.3 Product Benchmarking 5.11.4 Strategic Initiatives 5.12 DSM 5.12.1 Company Overview 5.12.2 Financial Performance 5.12.3 Product Benchmarking 5.12.4 Strategic Initiatives Chapter 6 Methodology and Scope 6.1 Research Methodology 6.2 Research Scope & Assumption 6.3 List of Data Sources

Browse full report @ http://www.grandviewresearch.com/industry-analysis/omega-3market

List of Tables 1. 2. 3. 4. 5. 6. 7.

Global Omega 3 market volume and revenue, 2012 - 2020 Global Omega 3 market volume by region, (Tons), 2012 - 2020 Global Omega 3 market revenue by region, (USD million), 2012 - 2020 Global Omega 3 market volume by application, (Tons), 2012 - 2020 Global Omega 3 market revenue by application, (USD million), 2012 – 2020 Global Omega 3 demand in supplements and functional foods, 2012 - 2020 (Tons) Global Omega 3 demand in supplements and functional foods, 2012 - 2020 (USD million) 8. Global Omega 3 demand in pharmaceuticals, 2012 - 2020 (Tons) 9. Global Omega 3 demand in pharmaceuticals, 2012 - 2020 (USD million) 10. Global Omega 3 demand in infant formula, 2012 - 2020 (Tons) 11. Global Omega 3 demand in infant formula, 2012 - 2020 (USD million) 12. Global Omega 3 demand in pet and animal feed, 2012 - 2020 (Tons) 13. Global Omega 3 demand in pet and animal feed, 2012 - 2020 (USD million)


14. Global Omega 3 demand in other application, 2012 - 2020 (Tons) 15. Global Omega 3 demand in other application, 2012 - 2020 (USD million) 16. North America Omega 3 market volume by application, (Tons), 2012 - 2020 17. North America Omega 3 market revenue by application, (USD million), 2012 – 2020 18. Latin America Omega 3 market volume by application, (Tons), 2012 - 2020 19. Latin America Omega 3 market revenue by application, (USD million), 2012 - 2020 20. Europe Omega 3 market volume by application, (Tons), 2012 - 2020 21. Europe Omega 3 market revenue by application, (USD million), 2012 - 2020 22. Asia Pacific Omega 3 market volume by application, (Tons), 2012 - 2020 23. Asia Pacific Omega 3 market revenue by application, (USD million), 2012 - 2020 24. MEA Omega 3 Market volume by application, (Tons), 2012 - 2020 25. MEA Omega 3 Market revenue by application, (USD million), 2012 - 2020

For More Information visit http://www.grandviewresearch.com/industry-analysis/omega-3market

List of Figures 1. Omega 3 industry summary & critical success factors (CSFs) 2. Omega 3 market segmentation 3. Global Omega 3 market (volume & revenue), 2012 - 2020 4. Global Omega 3 market volumes growth by region, (Tons), 2012 - 2020 5. Global Omega 3 market volumes growth by application, (Tons), 2012 - 2020 6. Omega 3 market dynamics 7. Omega 3 company market share analysis, 2012 8. Key opportunities prioritized 9. Industry analysis - Porter's 10. Omega 3 PESTEL analysis, 2012 11. Omega 3 market volume share by application, 2012 & 2020 12. Global Omega 3 demand in supplements and functional foods, (volume & revenue), 2012-2020 13. Global Omega 3 demand in pharmaceuticals, (volume & revenue), 2012-2020 14. Global Omega 3 demand in infant formulas, (volume & revenue), 2012-2020 15. Global Omega 3 demand in pet and animal feed , (volume & revenue), 2012-2020 16. Global Omega 3 demand in other application, (volume & revenue), 2012-2020 17. Omega 3 market volume share by region, 2012 & 2020 18. North America Omega 3 market volume by application, (Tons), 2012 19. North America Omega 3 market revenue by application, (USD million), 2012 20. Latin America Omega 3 market volume by application, (Tons), 2012 21. Latin America Omega 3 market revenue by application, (USD million), 2012


22. Europe Omega 3 market volume by application, (Tons), 2012 23. Europe Omega 3 market revenue by application, (USD million), 2012 24. Asia Pacific Omega 3 market volume by application, (Tons), 2012 25. Asia Pacific Omega 3 market revenue by application, (USD million), 2012 26. MEA Omega 3 Market volume by application, (Tons), 2012 27. MEA Omega 3 Market revenue by application, (USD million), 2012

Further key findings from the study suggest: 

The global market for omega 3 ingredients was estimated to be 24.87 kilo tons in 2013, and is expected to grow at a CAGR of 13.7% from 2014 to 2020.

Europe was the largest consumer of omega 3 ingredients in 2013, accounting for over 60% of global consumption and is expected to maintain leadership position till 2020. North America was the second largest consumer but is expected to lose share to emerging regions such as Asia Pacific and Latin America.

Asia Pacific is expected to be the fastest growing market over the forecast period growing at a CAGR of over 15% from 2014 to 2020. The shift in consumer preference towards healthy diet comprising of omega 3 ingredients and the use of fish oil in South East Asia is expected to boost the sales.

The global omega 3 market is consolidated with the top 5 companies having a market share of over 70% in 2013. DSM post its acquisition of Ocean Nutrition, was the clear market leader with over one quarter of the share in 2013. Companies are trying to obtain alternative sources for extracting omega 3 due to the tight demand supply situation in the global fish oil market.

Request free sample of this Report @ http://www.grandviewresearch.com/industryanalysis/omega-3-market/request

For the purpose of this study, Grand View Research has segmented the global omega 3 ingredients market on the basis of application and region: Omega 3 Application Outlook • Pharmaceuticals


• Pet Food • Functional Foods • Infant Formulas • Others Omega 3 Regional Outlook • North America • Europe • Asia Pacific • Latin America • Middle East and Africa (MEA)

Browse

All

Reports

of

this

category

@

http://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietarysupplements

About Grand View Research Grand View Research, Inc. is a market research and consulting company that provides off-theshelf, 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 energy. With a deepseated understanding of varied business environments, Grand View Research provides strategic objective insights.

Contact: Sherry James Corporate Sales Specialist, U.S.A. Grand View Research, Inc. United States Phone: 1-415-349-0058 Toll Free: 1-888-202-9519


Email: sales@grandviewresearch.com Website: Grand View Research Blog Site: http://www.divog.org/


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.