Omega 3 PUFA Market: Type (DHA (docosahexaenoic acid), EPA (eicosapentaenoic acid), ALA (Alpha-linoleic acid)) Source (Marine, Plant) Form (Oils, Capsules, Powder) Application (Dietary Supplements, Pharmaceuticals, Infant Foods, F&B)-Forecast(2015-2020) Publish Date – 22nd February 2015 No of pages – 135 Contact: Sanjay Matthews sales@industryarc.com #: +1-614-588-8538 (Ext: 101)
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ďƒ˜ Omega-3 PUFA market report focuses on the market revenue generated by the sales and usage of omega-3 PUFA ingredients as a part of dietary supplements, pet food and functional food. Omega-3 PUFA can be extracted from varied sources such as Anchovy/Sardines, Concentrates, Algae, Tuna, Salmon, Cod, Menhaden and Krill. Different end-use markets that are covered in the report include: Infant formula, Food & Beverages, Nutritional Supplements, Pharmaceutical & Clinical Nutrition and Pet food.
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ďƒ˜ Omega-3 PUFA Market is anticipated to grow at a CAGR of 6.7% to reach $2,659 million by 2020. The aging population in the major European countries such Italy ,Germany, U.K. and Japan in the APAC region will drive the consumption of omega-3 PUFA laced dietary supplements and functional foods as they act as preventive medications for cardiovascular anomalies and diabetes and due to the increasing demand for nutraceutical products containing omega-3 formulations propelling the market.
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Omega 3 PUFAs have been analyzed on the based on 1. Type of Acid : DHA (docosahexaenoic acid), ALA (Alpha-linoleic acid) and EPA (eicosapentaenoic acid). 2. Source of the fatty acids: Marine source (Cod, salmon, anchovy, krill, and other marine sources), Plant sources (Chia seeds, flax seeds and Hemp),Algae source. 3. Form: Oils, Capsules, Powder. 4. The end-use: Infant formula, Food & Beverages, Nutritional Supplements, Pharmaceutical Clinical nutrition, Pet food.
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ďƒ˜ Nutritional Supplements is the most dominant segment in the Omega-3 PUFA ingredients market owing to increasing consumer awareness towards preventive medication for cardiovascular ailments. Pharmaceutical & Clinical nutrition is the second dominant segment by value due to its rising prescription by dietician and health experts. ďƒ˜ Geographically, the Omega-3 PUFA market is led by North America owing to the extensive usage of omega-3 PUFA ingredients in dietary supplements such as capsules, powder and others.
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ďƒ˜ However, APAC is the fastest growing, market driven by the demand for omega-3 encapsulated dietary supplements and functional food in China and other Asian countries. The European market is a developed market for omega-3 PUFA ingredients, but new formulation discoveries which are providing ease of omega-3 ingredients incorporation in varied functional food and beverages is expected to propel the market in this region.
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