Impact of the COVID-19 Outbreak on Omega-3 Ingredients Market Growth Rate, Gross Margin, Competitive Situation & Trends, Forecast – FLA News

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Omega-3 Ingredients Market: There are many opportunities with notable introduction of PUFAs into F&B

Global omega-3 ingredient sales are projected to exceed $ 4,900 million in 2019, according to a new study by TMR. The omega-3 ingredient market continues to be influenced by a variety of factors, from an upswing in a number of proactive health conscious consumers to an increasing preference for polyunsaturated fatty acids (PUFAs) as a preventive solution to preventing chronic diseases.

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The study anticipates that the omega-3 ingredient market will continue to see remarkable growth in line with increasing consumer adoption of immunity-boosting dietary supplements alongside the health and wellness trend. The increased use of polyunsaturated fats in dietary supplements, infant formula, F&B industries, and the pharmaceutical and nutraceutical industries is likely to support sales of omega-3 ingredients.

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Obvious health benefits of EPA and DHA from fish oil favor sales of omega-3 ingredients

According to the study, the perceived health benefits of omega-3 fatty acids derived from fish oil have propped up sales of omega-3 ingredients. The increasing shift of consumers from a normal diet based on saturated and trans fats to monoun and polyunsaturated fats, which help lower LDL cholesterol and the risk of cognitive impairment, will create opportunities for the omega-3 ingredient market .

The study believes that growing consumer recognition for the benefits of seaweed oils for improving joint, cardiovascular health, and fighting depression is another major contributor to the consumption of omega-3 ingredients. Although the demand for animal omega-3 ingredients remains high, the study predicts strong growth in plant-based variants as more consumers embrace the vegan upward trend.

Omega-3 ingredients are experiencing significant global appeal due to the increasing use of PUFAs in the food and beverage, pharmaceutical and aquaculture industries. The increasing adoption of omega-3 ingredients for infant formula will continue to drive market growth given the visual and neurological developmental benefits of these fatty acids for young children. With extensive research recognizing the potential benefits of fish oil, which contains eicosapentaenoic acid (EPA) and docosahexanoic acid (DHA) in particular, it is very likely that consumer acceptance of omega-3 ingredients will grow rapidly.

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The study assumes that manufacturers of omega-3 ingredients use microencapsulation technology to introduce high-fat fish oils into foods and stabilize those fish oil-fortified foods. Applications of highly stable microencapsulated fish oil products rich in omega-3 ingredients in baby foods, nutritional supplements, and in the food and beverage industry will remain lucrative for market growth.

The penetration of novel technologies into the omega-3 ingredient market continues unabated as players focus on innovation to offer high quality products with extended shelf life. For example, Polaris Nutritional Lipids, a leader in the omega-3 ingredient market, developed Qualitysilver – a technology that prevents oil from oxidizing to protect its nutritional and organoleptic properties.

Developed Markets – First wave of growth for manufacturers of omega-3 ingredients

The study believes that the increasing health concerns related to the lack of eicosapentaenoic acid and docosahexanoic acid are leading an increasing number of consumers to seek out immunity boosters. Recent studies indicate that a large number of health conscious consumers in Europe and North America are consuming omega-3 ingredients from fish oil as they reduce the risk of chronic ailments.

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