Market Trends of Omega Ingredients Industry
This section covers the major market trends shaping the Omega Ingredients Market according to our research experts:
Fish is the Prominent Source of Omega Ingredients
Fish source dominates the market share owing to low cost, lack of taste or smell, the convenience of use, and mild side effects, fish oil supplementations are an inexpensive, quick, and safe way of increasing an individual's omega-3 fatty acid intake, as well as for deriving omega ingredients. Cold-water fish has the highest amount of DHA and EPA, the two fatty acids closely linked to heart health. The American Heart Association recommends at least two servings per week of salmon, tuna, herring, lake trout, sardines, or similar fatty fish. According to a study conducted by the US National Institutes of Health in 2018, people with low risk of cardiovascular disease should consume fatty fish regularly to maintain the omega-3 requirement. The people who do not like fish or are allergic can opt for supplements that are not more than 1 g per day and should look for a combination of EPA-DHA, with a proper quality approval seal on the pack from US Pharmacopeia, NSF International, or ConsumerLab.com
North America Dominates the Market Share
The United States omega ingredients market is driven by innovations in the products as well as technology. The leading players are continuously investing in technological advancement, in order to get improved omega ingredient for its wider application. In October 2016, DSM launched a new process technology, 3 C technology. The technology aids the manufacturers to produce highly concentrated ingredient (up to 85%). It also provision the manufacturers the facility of customizing the combinations of EPA and DHA for its application in pharmaceutical and dietary supplements. Due to the high demand for omega ingredients, the R&D sector is pacing fast, in order to produce a better product in the market. In November 2018, ADM has expanded its high-quality product line by launching algal omega-3 powder, which will be beneficial for the product developers who are seeking ingredients that support cognitive, heart, and eye health.
