North America is leading the global omega 3 (EPA/DHA) ingredients market, due to the growing disposable income, increasing health awareness and upsurge in consumer expenditure on healthy food products. The Latin America and Middle East omega 3 ingredients market is also growing at a considerable rate, due to increasing awareness of healthy lifestyle in the regions.
The global omega 3 ingredients market is growing at a significant rate, due to increasing consumer health concerns, augmented application scope for omega 3 fatty acids, and scientific evidences supporting health benefits, with the use of omega 3 ingredients. Technological advancements, such as better encapsulation has provided ample opportunities to the growth of the global omega 3 ingredients market, in the coming years. The increasing fish oil market has unlocked enormous opportunities for the expansion of substitute sources, such as algae and flax seeds for extracting omega 3 ingredients.
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Some of the competitors in the omega 3 ingredients market are NU-MEGA Ingredients Pty Ltd., FMC Corporation, Koninklijke DSM N.V., Omega Protein Corporation, Croda, Inc., BASF SE, Arista Industries, Inc., Pronova BioPharma ASA, and Copeinca ASA.
This study covers
- Major factors driving the market and their impact during the short, medium, and long terms
- Market restraints and their impact during the short, medium, and long terms
- Recent trends and evolving opportunities for the market participants
- Historical and the present size of the market segments and understand their comparative future potential
- Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
- Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities