Growing health awareness and need for innovative products will bolster demandfinds Frost & Sullivan’s Visionary Science Practice team

Consumer preferences are compelling omega-3 ingredient manufacturers to create different consumer-facing application segments. Furthermore, rising health consciousness and awareness of the benefits of omega-3 (EPA & DHA) are driving the introduction of technologically advanced products for consumer applications, including pharmaceuticals, dietary supplements, infant formula, food & beverages, and pet foods.

Analysis of Global Omega-3 EPA+DHA Ingredients Market is part of Frost & Sullivan’s Visionary Science Growth Partnership Service program, which identifies opportunities to enable participants to align their business model, products and services to succeed. The global omega-3 Eicosapentaenoic acid (EPA) and Docosahexaenoic acid (DHA) ingredients market is forecast to be worth $2,614.1 million by 2021, with dietary supplements and infant formula projected to see the highest demand in the Asia-Pacific region, followed by North America and Europe. This study examines how changing analysis of the existing technology trends and market-leading products such as Aker Biomarine’s Flexitech™, Polaris’s QUALITYSILVER®, DSM’s 3C, and Croda’s PureMax™ reveals best practices and novel opportunities.

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“There is a huge unmet need in the infant and pregnant women nutrition market worldwide, and omega-3-rich product manufacturers must show agility to gain first-mover advantage and major share in the market,” said Frost & SullivanVisionary Science Practice Industry Analyst Arun Ramesh. “Innovative technology, superior purity and quality ingredients—and offering varied omega-3 concentrates for different end-application segments—will enable omega-3 EPA+DHA ingredients manufacturers to set themselves apart from competitors.”

Despite strong potential, the omega-3 EPA+DHA ingredients market must overcome some restraints to gather momentum:

  • Insufficient/low promotion; sales have been slow due to the patent expiry of Lovaza and social media-driven misconceptions about omega-3
  • Scarcity of natural omega-3 sources like fish, krill and algae due to global warming
  • Lax standards for recommended dietary intake in most developing nations

“Omega-3 EPA+DHA ingredient manufacturers must continuously expand their capabilities through acquisitions, expansions and product launches to meet growing emerging market needs,” observed Ramesh.

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Analysis of Global Omega-3 EPA+DHA Ingredients Market

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Contact:

Jaylon Brinkley

Corporate Communications – North America
P: (210) 247.2481
F: (210) 348.1003
E: jaylon.brinkley@frost.com

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success.

Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success.

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