Abundant availability of raw materials such as algae, fish oils and plant based sources, health benefits associated with the omega-3 consumption, changing lifestyle of the people around globe, the advancements in food technology and the high demand for fortified food products are augmenting the market growth.
The factors which are restraining the growth of the market are high chances of contamination of heavy metals from fish sources, lack of clarity among consumers about the daily recommended intake, highly unstable prices of raw materials.
Omega-3 for Food Application Market Scenario
According to Data Bridge Market Research, the market for omega-3 for food application in Europe has the highest market share, followed by North America and Asia-Pacific. The market leader is DSM has the largest market share of approximately 32.00% to 36.00%. The company operates in different product categories and they are Nutrition & Health, Climate & Energy, Resources & Circularity and Nutrition & Health is market focused product category. The company has strong presence around the world. The company provides its Omega-3 for food application in market which can be utilized by different sectors such as food & beverages industry.
For instance,
- In March 2017, DSM has introduced MEG-3 ultra which is an omega-3 fatty acid in the DSM’s nutritional lipids portfolio. This is an EPA and DHA combinations containing up to 85% omega-3 from clean, wild ocean fish oil. This helped company to broaden its product portfolio in the market.
Trends Impacting the Market
Now the question is which other regions DSM, ADM, and Croda International Plc are targeting? Data Bridge Market Research has estimated a large growth in Europe omega-3 for food application market and the market leaders targeting Germany, France and Italy to be their next revenue pockets for 2021.
The omega-3 for food application market is becoming more competitive every year with companies such as DSM, ADM, and Croda International Plc for omega-3 for food application. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the omega-3 for food application market.
For more analysis on the omega-3 for food application market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-omega-3-for-food-application-market
Omega-3 for Food Application Market Development
- In January 2021, GC Rieber VivoMega AS and Meelung Trading Co. Ltd are become a partners to exclusively sell its VivoMega omega-3 fish oils to the Taiwanese markets. This helped company to expand its geographical presence and increase its customer base in the Taiwan.
Scope of the Omega-3 for Food Application Market
The countries covered in the market are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Switzerland, Netherlands, Belgium, Russia, Denmark, Sweden, Poland, Turkey, Rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Vietnam, New Zealand, Rest of Asia-Pacific, Brazil, Argentina and rest of South America, South Africa, Saudi Arabia, UAE, Oman, Qatar, Kuwait, and Rest of Middle East and Africa.
- All analysis of the omega-3 for food application market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the omega-3 for food application market is segmented into alpha-linolenic acid (ALA), eicosapentaenoic acid (EPA), docosahexaenoic acid (DHA) and eicosapentaenoic acid (EPA)+docosahexaenoic acid (DHA). On the basis of source, the omega-3 for food application market is segmented into marine based, algae–based and plant-based. On the basis of form, the omega-3 for food application market is segmented into oil and powder. On the basis of application, the omega-3 for food application market is segmented into functional food, confectionery and chocolate products, sports nutrition, dietary supplements, infant formula and others. On the basis of function, the omega-3 for food application market is segmented into food fortification, bone and joint health, skin health, hair health, nails health and others.
To know more about the study https://www.databridgemarketresearch.com/reports/global-omega-3-for-food-application-market
Key Pointers Covered in the Omega-3 for Food Application Market Industry Trends and Forecast to 2028
- Market Size
- Omega-3 for Food Application Regulatory Framework and Changes
- Recent Developments for Market Competitors
- Sales data for Market Competitors
- Key vendors and Disruptors Study
- Supply Chain Competiveness
Key Market Competitors Covered in the Report
- Solutex
- Algaecytes
- Cellana Inc.
- HUTAI Biopharm Resource Co. Ltd
- DSM
- BASF SE
- GOLDEN OMEGA
- Croda International Plc
- AlaskOmega
- KinOmega Biopharm Inc.
- Aker BioMarine
- Pharma Marine AS
- GC Rieber VivoMega AS
- Sanmark LLC
- Arjuna Natural Pvt Ltd
- ConnOils LLC
- Kingdomway Nutrition, Inc.
- Novosana
- ADM
- Polaris Inc.
- Biosearch life
Above are the key players covered in the report to know about more and exhaustive list of omega-3 for food application companies contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-omega-3-for-food-application-market
Research Methodology: Global Omega-3 for Food Application Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Government fleets, Personal Consumers, Researchers, and Food & Feed Specialists among others.
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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