Omega 3 & 6 Market by Source, Applications, Geography Trends & Global Forecasts (2011 â€“ 2016) research study provides detailed qualitative and quantitative analysis of the omega-3 PUFA ingredients market.
Online PR News – 24-January-2014 – Dallas,TX – The report â€śOmega 3 & 6 Market by Source, Applications, Geography Trends & Global Forecasts (2011 â€“ 2016)â€ť defines and segments the global omega-3 and 6 market with analysis and forecasting of the global revenues for omega-3 and 6. It also identifies driving and restraining factors for the global omega-3 and 6 market with analysis of trends, opportunities, and challenges. The market is segmented and revenues are forecasted on the basis of major geographies such as North America, Europe, Asia-Pacific, and Rest of the World (ROW), and sources, applications and geographic trends and forecasts.
Browse more than 90 market data tables/figures spread through 230 pages and in-depth TOC on â€śOmega 3 & 6 Market by Source, Applications, Geography Trends & Global Forecasts (2011 â€“ 2016)â€ť.
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The global omega-3 market is growing by leaps and bounds since the last five years. This growth is largely fueled by the increasing awareness about the health benefits of omega-3 such as anti-cancer effects. This growth is particularly higher in geographies such as Europe and APAC due to higher rate of occurrence of cardio-vascular diseases in these regions.
The global omega-3 ingredients market is estimated to reach $3.21 billion in 2016 from $1.48 billion in 2010, at a CAGR of 13.8% from 2011 to 2016. The Asian market is expected to hold 34% of the global market share in 2015 at an estimated CAGR of 15.2% due to higher occurrence rates of cardiovascular diseases in the region. Europe is the fastest growing segment due to the trend of eating healthy and taking precautionary measures. The market share of Europe is expected to boost from $ 311.2 million in 2010 to $ 771.8 million in 2016 at an estimated CAGR of 15.8%.
Some of the major drivers of the industry identified in this report are innovative production technologies, health benefits, and increasing demand in foods and beverages while major restraints are absence of recommended daily intake (RDI) and low consumer awareness. Key issue in the industry today is decreasing phytoplankton in global water bodies.
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