Global sales of the omega-3 market are expected to reach $ 4.7

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PUNE, India, February 16, 2021 (GLOBE NEWSWIRE) – The Global Omega 3 Market Share, Trends, Analysis and Forecast 2020-2030 provides insights into key developments, business strategies, research and development activities, supply chain analysis, competitive landscape and market composition analysis.

The global omega-3 market was valued at $ 2.3 billion in 2019 and is projected to reach $ 4.7 billion by 2030 at a CAGR of 6.7%. Omega-3 fatty acids are essential fatty acids that play an important role in your body and support the health of the consumer in a variety of ways. Since your body cannot produce them on its own, it is important that these are supplied via the external intake.

The three main types of omega-3 acids are ALA (alpha-linolenic acid), DHA (docosahexaenoic acid), and EPA (eicosapentaenoic acid). The ALA type is mainly found in plants, while DHA and EPA are mainly found in foods of animal origin and algae. Common foods that are high in omega-3 fatty acids are oily fish, fish oils, flax seeds, chia seeds, flaxseed oil, and walnuts.

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The intake of omega-3 fatty acids is necessary for the proper functioning of the brain and retina. It is especially important for pregnant and breastfeeding women to get enough DHA as it can affect their child’s health and intelligence.

In addition, an adequate intake of omega-3 fatty acids can have powerful health benefits for adults as well. Studies show that omega-3 fatty acids can protect against all sorts of diseases, including breast cancer, depression, ADHD, and various inflammatory diseases. Unless you are consuming fish or other naturally derived omega-3 foods, you should consider taking supplements. Dietary supplements are cheap and effective.

According to a study published in the Nature Food Journal in November 2020, the supply and demand gap for omega-3 fatty acids remains significant, almost twice as large as previous estimates. The increasing demand for healthy substitute products for the growing health-conscious population remains an important growth driver in the omega-3 market. The supply chain also promises to stabilize in the near future, as opportunities in the increased use of by-products from fisheries and promising initiatives to reduce food waste remain a growth factor in the omega-3 market.

Omega-3 acids continue to be at the forefront of rising heart disease awareness and promise a healthy way to reduce their risk. According to the American Heart Association, omega 3 reduces the risk of heart disease and stroke, two deadly diseases that afflict the world’s population. According to the World Health Organization (WHO), cardiovascular diseases consisting of heart disease remain the number one killer worldwide. WHO estimates that these diseases are on the rise, killing nearly 18 million people worldwide each year.

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In addition, 4 out of 5 cardiovascular deaths are caused by heart disease and stroke. In addition, a third of deaths are premature because they occur in people under the age of 70. The growing awareness of heart disease, the growing need for omega-3 and the great preventive potential of fatty acids remain a great growth potential for the players in the omega-3 market.

The type segment of the The omega-3 market is led by Docosahexaenoic acid (DHA):

The docosahexaenoic acid (DHA) market leads the omega-3 market in the type segment. DHA is needed by consumers of all ages as it supports learning and memory storage, and also plays an important role in the development of eye and nerve tissue.

DHA is an important ingredient for consumers of all ages as it supports healthy learning and memory retention, and also plays a key role in eye and nerve tissue development. The combination of the two important types of omega-3s, DHA and EPA, helps lower bad cholesterol and reduce coronary heart disease such as stroke and blood pressure, which is why it is to be expected in today’s changing lifestyles and the wide prevalence of a number from heart disease and the growing awareness of it, the omega-3 market will receive a significant boost.

Sea-based products dominate the Source segment of the Omega-3 market:

In terms of sales, the marine source of omega-3 fatty acids made up a large portion of the market and is expected to see significant growth over the forecast period.

The demand for sea-based products is mainly driven by the growing consumer interest in the omega-3 fatty acids obtained from fish and krill oils. Nowadays there is an increasing consumption of omega-3 in the form of omega-3 fortified foods such as fish, ham, and sausage, which is expected to fuel the growth of the source segment of the omega-3 market over the next several years. In addition, growing awareness of the consumption of foods high in triglycerides is expected to lead to an increase in the demand for foods fortified with omega-3s.

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North America leads the regional segment of the omega-3 market:

North America has become the largest market in the regional segment of the omega-3 market due to the increased use of this product in the pharmaceutical industry as well as increasing research and development activities.

In addition, increased consumption of better, more advanced drugs has been observed, along with a desire to increase the life expectancy of the geriatric population, which should increase the demand for omega-3-based pharmaceutical products in the North America region.

Due to the increasing demand for omega-3 products in China, India, Singapore, South Korea, Australia and Japan, the Asia-Pacific region is expected to experience significant growth over the entire forecast period.

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Key players in the global omega-3 market include Aker BioMarine, Axellus, BASF SE, DSM, Omega Protein Corporation, GC Reiber Oils and Lonza.

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