Global Omega 3 Ingredients for Infant Food Market, By Type (Docosahexaenoic Acid (DHA), Eicosapentaenoic Acid (EPA), Alpha-Linolenic Acid (ALA)), Source (Marine Source, Plant Source), Application (Dietary Supplements, Functional Food & Beverages, Pharmaceuticals, Infant Formula, Pet Food & Feed), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Omega 3 Ingredients for Infant Food Market
The omega 3 ingredients for infant food market are expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 8.90% in the forecast period of 2021 to 2028 and is expected to reach USD 0.98 billion by 2028. The growing consumer awareness about the health benefits of omega-3 is escalating the growth of omega 3 ingredients for infant food market.
Omega-3 refers to a polyunsaturated fatty acid which cannot be synthesized in the human body. Thus, individuals need to consume omega-3 from plant and animal sources. There has been an extensive use of DHA in infant and mother nutrition products for infant brain development especially.
The increase in the penetration of omega 3 in the active pharmaceutical ingredient (API) sector acting as one of the major factors driving the growth of omega 3 ingredients for infant food market. The rise in the population of working women and increase in the need for substitutes to support nutritional demand accelerates the omega 3 ingredients for infant food market growth. The growth in awareness regarding chronic diseases, regulations favoring the usage of omega 3 in infant formulations and surge in the number of research and development activities in order to improve the nutritional quality of the infant food products further influence the omega 3 ingredients for infant food market. Additionally, availability of large variety products with multiple options such as authenticity, growing number of advertisement campaigns, increase in investment in research and development activities and surge in healthcare expenditure positively affects the omega 3 ingredients for infant food market. Furthermore, rise in consumer demand for plant-based products and development of innovative products to meet consumer demands extends profitable opportunities to the omega 3 ingredients for infant food market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the research and development activities and limited fish oil supply because of sustainability issues among fisheries are the factors expected to obstruct the omega 3 ingredients for infant food market growth. Volatile fish oil prices and lack of clarity among consumers regarding daily recommended intake are projected to challenge the omega 3 ingredients for infant food market in the forecast period of 2021-2028.
This omega 3 ingredients for infant food 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 ingredients for infant food market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Omega 3 Ingredients for Infant Food Market Scope and Market Size
The omega 3 ingredients for infant food market are segmented on the basis of type, source and application. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the omega 3 ingredients for infant food market are segmented into docosahexaenoic acid (DHA), eicosapentaenoic acid (EPA) and alpha-linolenic acid (ALA). Marine source is further segmented into fish oil, algal oil, krill oil and others. Plant source is further segmented into nuts and seeds and vegetable oils and soy.
- On the basis of source, the omega 3 ingredients for infant food market are segmented into marine source and plant source.
- On the basis of application, the omega 3 ingredients for infant food market are segmented into dietary supplements, functional food & beverages, pharmaceuticals, infant formula and pet food and feed.
Global Omega 3 Ingredients for Infant Food Market Country Level Analysis
The omega 3 ingredients for infant food market is analyzed and market size, volume information is provided by country, as referenced above.
The countries covered in the global omega 3 type, source and application ingredients for infant food market report are the 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 ingredients for infant food market because of the high utilization of the product in the pharmaceutical industry, increase in research and development activities and growth in the consumption of improved medication. Asia-Pacific is expected to witness the significant CAGR during the forecast period of 2021-2028 because of the increase in demand for the product in countries such as China, India, Singapore, South Korea, Australia and Japan, rise in intake of fish oil in the daily diet and growth in health awareness in the region.
The country section of the omega 3 ingredients for infant food market 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 such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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.
Competitive Landscape and Omega 3 Ingredients for Infant Food Market Share Analysis
The omega 3 ingredients for infant food market competitive landscape provide details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to omega 3 ingredients for infant food market.
The major players covered in the omega 3 ingredients for infant food market report are Aker BioMarine, Axellus, BASF SE, BioProcess Algae, EPAX, Martek Biosciences, Lonza, Pronova, GC Rieber Oils, Omega Protein, Cargill Incorporated, FMC Corporation, Croda International Plc, Royal DSM, OLVEA Fish Oils, Omega Protein Corporation, Luhua Biomarine (Shandong) Co., Ltd, Pharma Marine AS, Polaris, Source-omega, Qualitas Health, Nordic Naturals, Algaecytes, Simris Alg among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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