#omega 3 ingredients market analysis

[pearlsmith25]

Omega 3 Ingredients Market: Thriving on the Rising Demand for Nutritional Supplements and Functional Foods

Omega-3 ingredients are essential fatty acids that play a vital role in human health. They are found in fatty fish, such as salmon, tuna, and mackerel, as well as in plant-based sources, such as flaxseed, chia seeds, and walnuts. Omega-3 ingredients are used in a variety of food and beverage products, dietary supplements, and pet food.

The global omega-3 ingredients market is expected to grow from USD 1.11 billion in 2023 to USD 2.12 billion by 2028, at a CAGR of 13.79% during the forecast period. This growth is attributed to increasing awareness of the health benefits of omega-3 ingredients, growing demand for dietary supplements, and rising disposable incomes.

Key Drivers

The following are some of the key drivers of the omega-3 ingredients market:

Rising awareness of the health benefits of omega-3 ingredients: Omega-3 ingredients are essential for human health and have been linked to a number of benefits, including improved heart health, reduced inflammation, and enhanced brain function. Increasing awareness of these health benefits is driving demand for omega-3 ingredients.

Growing demand for dietary supplements: Dietary supplements are a convenient and effective way to increase intake of omega-3 ingredients. The growing demand for dietary supplements is fueling the growth of the omega-3 ingredients market.

Rising disposable incomes: Rising disposable incomes in developing countries are enabling consumers to purchase more expensive food and beverage products, such as those containing omega-3 ingredients.

Market Segmentation

The omega-3 ingredients market can be segmented by source, form, and end use application.

By source:

Fish oil Algae oil Krill oil Plant-based oils

By form:

Ethyl esters Triglycerides

By end use application:

Dietary supplements Food and beverage Pet food Infant formula Pharmaceuticals

Regional Analysis

The North American region is expected to dominate the global omega-3 ingredients market during the forecast period. This is attributed to the high awareness of the health benefits of omega-3 ingredients, the growing demand for dietary supplements, and the rising disposable incomes in this region.

The Asia Pacific region is expected to witness the fastest growth in the omega-3 ingredients market during the forecast period. This is attributed to the increasing awareness of the health benefits of omega-3 ingredients, the growing demand for dietary supplements, and the rising disposable incomes in this region.

Key Players

Some of the key players in the global omega-3 ingredients market include:

BASF SE DSM Cargill Incorporated Archer Daniels Midland Company Croda International Plc Lonza Group AG Bunge Limited FMC Corporation DuPont de Nemours, Inc. Evonik Industries AG Nutramax Laboratories, Inc.

Industry Trends

Some of the key trends in the global omega-3 ingredients market include:

Rising demand for sustainable omega-3 ingredients: Consumers are increasingly becoming aware of the environmental impact of their food choices. This is driving demand for sustainable omega-3 ingredients, such as algae oil and plant-based oils.

Growing demand for innovative omega-3 ingredient formulations: Manufacturers are developing innovative omega-3 ingredient formulations that are easier to digest and have a better taste. This is driving demand for omega-3 ingredients in a wider range of food and beverage products.

Increasing focus on personalized nutrition: Personalized nutrition is a growing trend in the food and beverage industry. Consumers are increasingly demanding products that are tailored to their individual needs. This is driving demand for omega-3 ingredients that can be used to personalize food and beverage products.

Conclusion

The omega-3 ingredients market is expected to witness significant growth in the coming years. This is attributed to the increasing awareness of the health benefits of omega-3 ingredients, the growing demand for dietary supplements, and the rising disposable incomes. Manufacturers are focusing on developing innovative omega-3 ingredient formulations and sustainable omega-3 ingredients to meet the growing demand from consumers.

[ramkumarss]

Omega 3 Ingredients Market | Analysis 2022 | Forecast 2023 to 2029

Omega 3 Ingredients Market was valued at USD 5156.9 mn in 2022 and is anticipated to grow at USD 6241.7 mn by 2027 recording a CAGR of 6.1%

The global omega 3 ingredients market size was valued at USD 5156.9 million in 2022 and is poised to grow at a significant CAGR of 6.1% during the forecast period 2023-29. It also includes market size and projection estimations for each of the five major regions from 2023 to 2029. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and further split by nations and categories within each region. The research also includes factors and barriers to the omega 3 ingredients market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.  

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The global omega 3 ingredients market segmentation: 1) By Application : Pharmaceuticals, Pet and Animal Feed, Supplements and Functional Foods, Infant formula, Others.

2) By Geography : North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The primary factors of the omega 3 ingredients market drivers are the Increasing Demand to brain health, nutraceutical products for youngsters. The omega 3 ingredients market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action for changing perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.

The omega 3 ingredients marketresearchreport gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America was the largest region in the omega 3 ingredients market report, accounting for the highest share in 2022. It was followed by Asia Pacific, and then the other regions. Request sample report at - https://www.precisionbusinessinsights.com/request-sample/?product_id=23382                      The important profiles and strategies adopted by omega 3 ingredients market key players are Simris Alg (Sweden), Algisys (U.S), Polaris (U.S), Terravia (Solazyme) (U.S), Bioceuticals (U.S), DSM Nutritional Products (Netherlands), Bioprocess Algae, Llc (U.S), Neptune Wellness Solutions (Canada), Source-Omega (U.S), covered here to help them in strengthening their place in the market.

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Omega 3 (EPA/DHA) Ingredients Market: Forthcoming Trends and Share Analysis by 2030

The Global Omega 3 (EPA/DHA) Ingredients market was valued at USD 1.54 billion in 2021 and is expected to reach USD 1.95 billion by the year 2028, at a CAGR of 3.4%.

Omega 3 fatty acid is a class of essential polyunsaturated fatty acids that are mainly found in marine animals in plants. It is considered a nutraceutical because it plays a vital role in every aspect of the development of the human body. Moreover, they are not synthesized by the body which makes them essential. Omega-3 fatty acids have been associated with healthy aging throughout life. Moreover, our bodies do not synthesize omega-3 fatty acids, it is necessary to obtain adequate amounts through fish and available plant sources. Eicosatetraenoic acid (EPA), and Docosahexaenoic acid (DHA) have shown promising results in the prevention of cardiovascular arrest, weight management, and cognitive function in those with mild Alzheimer's disease.

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The latest research on the Omega 3 (EPA/DHA) Ingredients market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Omega 3 (EPA/DHA) Ingredients industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Omega 3 (EPA/DHA) Ingredients market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Leading players involved in the Omega 3 (EPA/DHA) Ingredients Market include:

BASF SE (Germany), DSM (Netherlands), Aker BioMarine ASA (Norway), Croda International PLC (UK), Stepan Company (US), Pharma Marine (Norway), GC Riber Group (Norway), Clover Corporation (Australia), Omega Protein Corporation (US), Cellana (US), United Laboratories (India), Abee (India), Ocean Nutrition Canada Limited (Canada), Arista Industries (US) and other major players. 

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Segmentation of Omega 3 (EPA/DHA) Ingredients Market:

By Type

Alpha-Linolenic Acid {ALA}

Eicosapentaenoic Acid {EPA}

Docosahexaenoic Acid {DHA}

By Source

Fish Oil & Krill Oil

Algal Oil

Walnut

Pumpkin Seeds

Soyabean Oil

Others

By Application

Pharmaceutical Industry

Dietary Supplement

Food & Beverage Industry

Animal Nutrition

Market Segment by Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

Highlights from the report:

Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global Omega 3 (EPA/DHA) Ingredients Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.

Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.

Market Production by Region: The report provides data related to imports and exports, revenue, production and key players of all the studied regional markets are covered in this section.

Omega 3 (EPA/DHA) Ingredients Profiles of Top Key Competitors: Analysis of each profiled Roll Hardness Tester market player is detailed in this section. This segment also provides SWOT analysis of individual players, products, production, value, capacity, and other important factors.

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Global Flax Seeds Market Analysis 2024: Size Forecast and Growth Prospects

The flax seeds global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Flax Seeds Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The flax seeds market size has grown rapidly in recent years. It will grow from $0.78 billion in 2023 to $0.90 billion in 2024 at a compound annual growth rate (CAGR) of 14.7%. The growth in the historic period can be attributed to growth in governmental and institutional support, rise in vegan and vegetarian diets, growth in health-conscious consumer behavior, rise in organic food consumption, and growth in the number of flax seed-based products.

The flax seeds market size is expected to see rapid growth in the next few years. It will grow to $1.56 billion in 2028 at a compound annual growth rate (CAGR) of 15.0%. The growth in the forecast period can be attributed to rising demand for plant-based foods, growing e-commerce platforms, rising popularity of super foods, rising popularity of super foods, and rising global demand for functional food. Major trends in the forecast period include technological advancements, functional foods, dietary supplements, plant-based diets, and superfoods.

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Scope Of Flax Seeds Market The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Flax Seeds Market Overview

Market Drivers - The rising demand for plant-based foods is expected to propel the growth of the flax seeds market going forward. Plant-based foods are derived from plants such as fruits, vegetables, grains, nuts, seeds, and legumes and are chosen for their nutritional value and eco-friendly benefits. The demand for plant-based foods is driven by health consciousness, environmental concerns, and ethical considerations as consumers increasingly seek healthier, more sustainable, and cruelty-free dietary options. Flax seeds can be seamlessly integrated into various plant-based dishes such as smoothies, baked goods, salads, and dressings, enhancing their nutritional content and making them a favorite ingredient for many plant-based recipes. For instance, in April 2023, according to The Good Food Institute, a US-based nonprofit organization promoting plant- and cell-based products, the US retail market for plant-based foods sales increased from $7.4 billion in 2021 to $8 billion by 2022. Therefore, the rising demand for plant-based foods is driving the growth of the flax seeds market.

Market Trends - Major companies operating in the flax seeds market are focused on developing innovative products, such as flex sheet milk, to improve heart health and soothe digestive ailments. Flaxseed milk is a plant-based alternative made from flax seeds, rich in omega-3 fatty acids, fiber, and other nutrients. For instance, in April 2022, Malibu Mylk, a US-based non-dairy beverage company, launched Flax Mylk, the world’s first high-fiber milk made from whole, organic flaxseeds. This pioneering non-dairy milk, available in 700 US grocery stores and online, uniquely utilizes whole flaxseeds without straining, thus retaining the full nutritional benefits. This milk is rich in fiber and vegan omega-3 fatty acids, flax mylk is believed to provide health benefits such as reducing inflammation, lowering cholesterol, and supporting digestion. It is allergen-friendly, devoid of gums, oils, and synthetic vitamins, and is naturally sweetened with dates.

The flax seeds market covered in this report is segmented –

1) By Type: Whole Flax Seed, Flax Seed Powder, Flax Seed Oil, Other Types 2) By Distribution Channel: Business To Business, Business To Consumers 3) By Nature: Organic, Conventional 4) By End Use: Food And Beverage Industry, Nutraceuticals, Animal feed, Retail Or Households, Industrials

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Regional Insights - North America was the largest region in the flax seeds market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the flax seeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the flax seeds market are Cargill Incorporated, Archer Daniels Midland Company, WinCo Foods LLC, Glanbia plc, KRBL Limited, Grain Millers Inc., Bob's Red Mill Natural Foods Inc., Linwoods Health Foods Ltd., Healthy Food Ingredients LLC, AgMotion Specialty Grains Inc., Bioriginal Food & Science Corp, Shape Foods Inc., Healthy Oilseeds LLC, Pragati Agribiz Pvt Ltd., TA Foods Limited, CanMar Grain Products Ltd., Simosis International Inc., BTL Herbs and Spices Pvt Ltd., Eastmade Spices and Herbs Pvt Ltd., Gingerly Naturals Pvt Ltd., Global Resource Direct LLC, Satva Industries Pvt Ltd., Waltanna Farms Pty Ltd., Paragon Flax LLC

Table of Contents 1. Executive Summary 2. Flax Seeds Market Report Structure 3. Flax Seeds Market Trends And Strategies 4. Flax Seeds Market – Macro Economic Scenario 5. Flax Seeds Market Size And Growth ….. 27. Flax Seeds Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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Canned Seafood Market Competitive Scenario and Projections: In-depth Demand Analysis and Future Insights

The canned seafood market has witnessed steady growth, spurred by rising consumer demand for convenient, long-lasting protein options. With health-conscious consumers recognizing the nutritional value of seafood, especially for its high omega-3 content, and the increasing popularity of quick meal solutions, the market is set to expand further in the coming years. This article explores the competitive landscape of the canned seafood industry, analyzing current demand trends, major players, and future growth projections.

Market Overview and Growth Drivers

Canned seafood products, which include tuna, salmon, sardines, mackerel, and shellfish, have gained traction due to their convenience and versatility. They offer consumers an affordable, protein-rich food source that retains freshness for an extended period. In addition, the growing awareness of the health benefits associated with seafood consumption, such as heart health and brain development, has further fueled demand for canned options. As global urbanization continues, busy lifestyles drive consumers to seek easy to prepare meals, making canned seafood a staple in many households.

COVID-19 significantly influenced consumer behavior, with lockdowns and supply chain disruptions heightening the demand for shelf-stable food products. The pandemic led to a surge in canned food purchases, including seafood, as people sought to stock their pantries with long-lasting, nutritious food. This trend set a strong foundation for further market expansion in the post-pandemic era.

Competitive Landscape

The canned seafood market is highly competitive, with major players such as Thai Union Group, Bumble Bee Foods, StarKist Co., and Princes Group dominating. These companies have established robust supply chains and focus on consistent quality to maintain consumer loyalty. However, smaller, regional players also play a vital role by offering niche products and tapping into local preferences, which contributes to a diverse market landscape.

Thai Union Group, one of the largest producers, has a significant market presence across North America, Europe, and Asia. Their focus on sustainable practices, such as sourcing from certified fisheries, has set a high standard in the industry. Other companies, like Bumble Bee Foods and StarKist, are also investing in eco-friendly and ethical sourcing to meet rising consumer demands for sustainability. Brand differentiation is increasingly shaped by environmental commitments and transparency in sourcing, allowing companies to stand out in a crowded market.

Demand Analysis and Consumer Trends

One notable trend in the canned seafood market is the shift towards premium products. While traditional canned tuna remains popular, there’s a growing appetite for high-quality options like wild-caught salmon, gourmet sardines, and organic-certified seafood. This shift reflects a broader trend in the food industry, where consumers are willing to pay a premium for healthier, sustainably sourced products. Millennials and Gen Z, in particular, prioritize brands that demonstrate social responsibility, which influences purchasing choices and drives the demand for premium and sustainably sourced canned seafood.

Moreover, flavored and ready-to-eat seafood options are gaining popularity. Manufacturers are introducing innovative products, such as tuna seasoned with spices, herbs, or Mediterranean-inspired flavors, to appeal to a diverse consumer base. These innovations allow consumers to enjoy seafood in versatile ways, whether as a snack, a salad topping, or a main ingredient in various dishes.

Future Projections

The global canned seafood market is projected to grow at a moderate CAGR over the next five to ten years. Key factors supporting this growth include expanding demand for affordable protein sources, increased preference for sustainable seafood, and the rise in innovative product offerings. Additionally, emerging markets in Asia-Pacific, Latin America, and Africa are expected to play a crucial role in driving future growth. As disposable incomes rise in these regions, so does the demand for convenient and nutritious food options.

However, the market faces challenges such as fluctuating raw material costs and concerns over environmental sustainability. Overfishing, habitat destruction, and climate change could impact seafood availability, potentially driving up prices. To mitigate these risks, companies are increasingly investing in sustainable aquaculture and partnerships with certified fisheries. Continued focus on sustainable practices will not only secure raw materials for the future but also appeal to a growing base of environmentally conscious consumers.

Conclusion

The canned seafood market is poised for steady growth, with evolving consumer preferences, sustainable sourcing practices, and product innovation driving the industry forward. As the market adapts to meet changing demands, companies that prioritize quality, transparency, and sustainability are likely to thrive. Looking ahead, growth in emerging markets, the expansion of premium product lines, and the focus on sustainability will shape the competitive landscape, setting the stage for a dynamic and resilient market.

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Brain Health Supplements Market Size, Share, and Growth Analysis 2031

As the global population ages and the prevalence of neurodegenerative diseases rises, the demand for brain health supplements is surging. This sector encompasses a variety of products designed to enhance cognitive function, memory, focus, and overall brain health. By 2031, the brain health supplements market is projected to experience significant growth, driven by increasing awareness of mental health, lifestyle changes, and advancements in supplement formulations.

As of 2023, the brain health supplements market was valued at approximately $9.61 billion. With a CAGR (Compound Annual Growth Rate) of around 13.10% expected over the next eight years, the market could reach a valuation of $25.74 billion by 2031. This growth is fueled by a combination of rising consumer awareness, innovative product development, and a greater emphasis on preventive healthcare.

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Key Segments

1. Types of Supplements:

   - Vitamins and Minerals: Essential nutrients like B vitamins and Omega-3 fatty acids are key for cognitive function.

   - Herbal Extracts: Ginkgo biloba, Bacopa monnieri, and Rhodiola rosea are popular for their cognitive benefits.

   - Amino Acids: Ingredients like L-theanine and L-tyrosine support neurotransmitter function.

   - Others: Nootropics and other cognitive enhancers are gaining traction.

2. Distribution Channels:

   - Online Retail: E-commerce platforms have become a significant channel, especially post-pandemic.

   - Pharmacies and Health Stores: Traditional brick-and-mortar stores still hold a large share of the market.

   - Direct Sales: Increasingly popular as brands build loyalty and community around their products.

3. Regions:

   - North America: Dominates the market due to high consumer awareness and the presence of key players.

   - Europe: Shows strong growth, particularly in countries like Germany and the UK.

   - Asia-Pacific: Rapid growth anticipated, driven by rising disposable incomes and increasing health consciousness.

Company Profiles in Global Brain health supplements Market - Natural Factors Nutritional Products Ltd., Purelife Bioscience Co., Ltd., Intelligent Labs, Accelerated Intelligence Inc., NOW Foods, HVMN Inc., Teva Pharmaceutical Industries Ltd., Peak Nootropics, Alternascript, Pfizer Inc., Abbott Laboratories, Bayer AG, Amway Corporation, Herbalife Nutrition Ltd., Nordic Naturals, Inc., Cognizin Citicoline (Kyowa Hakko Bio Co., Ltd.), Neurohacker Collective, LLC, AOR Inc., Life Extension Foundation, TruBrain, Nootrobox (HVMN), NeuroScience, Inc.

Market Drivers

1. Aging Population: With an increasing number of elderly individuals, there is a higher demand for products that support cognitive health and delay age-related decline.

2. Growing Awareness: Educational campaigns and the proliferation of health information have made consumers more aware of the importance of brain health.

3. Lifestyle Changes: Modern lifestyles, characterized by stress and sedentary habits, have led many to seek supplements that can enhance mental clarity and focus.

4. Technological Advancements: Innovations in formulation and delivery mechanisms (such as gummies and powders) make supplements more appealing to a broader audience.

Growth Predictions

The brain health supplements market is expected to continue its upward trajectory, driven by both demographic trends and evolving consumer preferences. By 2031, advancements in scientific research will likely lead to the development of more targeted and effective formulations.

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Trends to Watch

1. Personalized Supplements: Tailored supplements based on individual health profiles may become a key trend.

2. Natural Ingredients: There is a growing preference for clean-label products with natural and organic ingredients.

3. Mental Wellness Focus: Products targeting mental health aspects, such as anxiety and stress relief, will gain prominence. The brain health supplements market is poised for significant growth by 2031, shaped by demographic changes, heightened awareness of cognitive health, and ongoing innovations in product offerings. Companies that can navigate regulatory challenges, understand consumer needs, and leverage technological advancements will be well-positioned to thrive in this dynamic landscape. As more individuals prioritize their brain health, this market segment is likely to become a cornerstone of the overall dietary supplement industry.

[harshnews]

Functional Confectionery Market Size, Share, Trends, Growth and Competitive Analysis

"Global Functional Confectionery Market - Industry Trends and Forecast to 2029

Global Functional Confectionery Market, By Nature (Organic, Conventional), Type (Sugar Confectionery, Bakery Confectionery, Chocolate Confectionery), Function (Cognitive Wellness, Performance Enhancers, Wellness Enhancers, Oral Care, Others), Ingredients (Protein, Omega 3 and Omega 6, Vitamins and Minerals, Probiotics, Others), Application (Children, Middle Age, Senior, Youth), Distribution Channel (Direct Sales, Indirect Sales) – Industry Trends and Forecast to 2029

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**Segments**

- **Type**: The functional confectionery market can be segmented based on the type of product, including sugar-free confectionery, fortified confectionery, and others. Sugar-free confectionery is gaining popularity due to the rising concerns about health and wellness among consumers. Fortified confectionery, on the other hand, includes products with added vitamins, minerals, or other functional ingredients for added health benefits.

- **Distribution Channel**: Another key segment of the functional confectionery market is the distribution channel. This includes supermarkets/hypermarkets, convenience stores, online retail, and others. Supermarkets/hypermarkets are the dominant distribution channel due to the wide range of products they offer, while online retail is experiencing significant growth with the increasing trend of e-commerce.

- **Region**: Regionally, the global functional confectionery market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe currently dominate the market due to the high consumer awareness about health and wellness, as well as the presence of key market players in these regions. However, the Asia Pacific region is expected to witness significant growth in the coming years due to changing consumer lifestyles and increasing disposable income.

**Market Players**

- **Nestle S.A.**: Nestle is a key player in the functional confectionery market, offering a range of products fortified with various nutrients and marketed as healthier alternatives to traditional confectionery items. The company's strong brand reputation and widespread distribution network give it a competitive edge in the market.

- **Mars, Incorporated**: Mars is another major player in the functional confectionery market, known for its innovative product offerings and focus on consumer preferences for healthier options. The company invests heavily in research and development to create products that meet the growing demand for functional and better-for-you confectionery.

- **The Hershey Company**: Hershey is a leading player in the functional confectionery marketNestle S.A., Mars, Incorporated, and The Hershey Company are key players in the global functional confectionery market, each contributing significantly to the market landscape with their innovative product offerings and expansive reach. Nestle S.A., a Swiss multinational food and beverage company, has a strong presence in the functional confectionery segment, leveraging its research and development capabilities to introduce products fortified with essential nutrients. With a focus on health and wellness, Nestle has positioned itself as a leading provider of healthier confectionery options, catering to the evolving consumer preferences for functional foods. The company's wide range of sugar-free and fortified confectionery products resonate well with health-conscious consumers, driving its growth in the market.

Mars, Incorporated, a renowned American multinational manufacturer of confectionery, pet food, and other food products, is another significant player in the functional confectionery market. Mars has been at the forefront of innovation, continuously launching new products that align with consumer demands for healthier snacking options. By investing in research and development, Mars has been able to develop confectionery items that not only taste indulgent but also offer functional benefits, such as added vitamins, minerals, and other nutrients. The company's commitment to meeting consumer preferences for better-for-you products has enabled it to stay competitive in the market and maintain a strong brand presence globally.

The Hershey Company, an iconic American confectionery manufacturer, is also a major player in the functional confectionery market, with a diverse portfolio of products that cater to different consumer needs. Hershey has been proactive in responding to the shifting consumer preferences towards healthier snacks by introducing functional confectionery variants that offer added nutritional value. By leveraging its strong brand recognition and distribution network, Hershey has been able to effectively market its functional confectionery products to a wide audience, driving sales and market share growth. The company's focus on product innovation and meeting consumer demands for healthier treats positions it well for continued success in the evolving con**Market Analysis**

The Global Functional Confectionery Market is witnessing significant growth driven by factors such as increasing consumer awareness about health and wellness, growing demand for healthier snacking options, and advancements in food technology leading to the development of innovative functional confectionery products. The market is segmented into various categories based on nature, type, function, ingredients, application, and distribution channel.

- **Nature**: The market is divided into organic and conventional segments, with organic products gaining traction due to the rising preference for natural and organic ingredients among consumers.

- **Type**: Functional confectionery products are categorized into sugar confectionery, bakery confectionery, and chocolate confectionery, each offering unique nutritional benefits and flavors to cater to diverse consumer preferences.

- **Function**: The functional confectionery market includes products targeted towards cognitive wellness, performance enhancers, wellness enhancers, oral care, and other specific functions, reflecting the growing trend of functional foods focused on overall health and well-being.

- **Ingredients**: With a focus on providing added health benefits, functional confectionery products contain ingredients such as protein, omega 3 and omega 6 fatty acids, vitamins and minerals, probiotics, and more, enhancing the nutritional profile of these indulgent treats.

- **Application**: The market caters to different consumer demographics, including children, middle-aged individuals, seniors, and the youth, offering functional confectionery products tailored to meet the specific nutritional needs of each segment.

- **Distribution Channel**:

Highlights of TOC:

Chapter 1: Market overview

Chapter 2: Global Functional Confectionery Market

Chapter 3: Regional analysis of the Global Functional Confectionery Market industry

Chapter 4: Functional Confectionery Market segmentation based on types and applications

Chapter 5: Revenue analysis based on types and applications

Chapter 6: Market share

Chapter 7: Competitive Landscape

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

Chapter 9: Gross Margin and Price Analysis

Key takeaways from the Functional Confectionery Market report:

Detailed considerate of Functional Confectionery Market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.

Comprehensive valuation of all prospects and threat in the

In depth study of industry strategies for growth of the Functional Confectionery Market-leading players.

Functional Confectionery Market latest innovations and major procedures.

Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.

Conclusive study about the growth conspiracy of Functional Confectionery Market for forthcoming years.

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[market-insider]

Nutraceuticals Market Future Outlook: Analyzing Size, Share, and Growth Patterns

The global nutraceuticals market size is expected to reach USD 1,251.07 billion by 2030, expanding at a CAGR of 8.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising awareness regarding calorie reduction and weight loss in the major markets including the U.S., China, and India is expected to promote the application of the health and wellness segment and thus, in turn, will have a substantial impact on the industry.

Nutraceuticals are products that provide health advantages and additional nutrition to the human body. It comprises fortified nutrients, such as taurine, CoQ10, omega-3, calcium, zinc, and antioxidants, that develop the complete health of consumers. These nutrients further benefit in averting medical conditions such as hypertension, diabetes, heart diseases, and allergies. As nutraceuticals develop the digestive and immune systems and enhance the cognitive behavior of consumers, their demand is witnessing a surge at the global level.

Nutraceuticals Market Report Highlights

In the functional food product segment, the prebiotics and probiotics segment is projected to witness significant growth over the forecast period owing to the majority of food manufacturing companies using probiotics as a primary ingredient to provide better nourishment and reduce health problems caused by harmful bacteria

In the dietary supplement product segment, vitamins emerged as the largest segment in 2023. The segment is expected to witness significant growth in the coming years

In terms of product, the functional foods segment dominated the market with a revenue share of 37.65% in 2023. Rising healthcare costs, coupled with the increasing geriatric population across the world, are anticipated to assist the segment growth over the forecast period

Asia Pacific accounted for the largest revenue share of over 36.9% in 2023. The growing health concerns amongst consumers and increasing awareness regarding nutraceuticals are likely to be the major drivers of the Asia Pacific market

The market represents a highly competitive landscape. Key market players dominate the market space and have been focusing on various strategic initiatives including mergers & acquisitions, product innovation, and portfolio expansion

For More Details or Sample Copy please visit link @: Nutraceuticals Market Report

The increasing trend among consumers to alter dietary habits is likely to boost the demand for nutraceuticals. The consumer belief that improper diet results in an increase in the costs of pharmaceuticals is anticipated to boost the demand for nutraceuticals. This would also help the government as it would result in lesser expenditure on healthcare and low social security costs.

A rise in disposable income, increasing consumer awareness concerning health issues, and rapid urbanization are likely to boost the market growth over the forecast years. A positive outlook towards medical nutrition owing to the high prevalence of weight management programs, along with cardiovascular diseases, is anticipated to propel the product demand.

The rise and evolution of wellness-focused diets such as keto and paleo are driving food producers to cater their products in this direction. Functional food products such as probiotics and omega-3 are highly used in yogurt and fish oils in order to reduce the risk of cardiovascular diseases and develop the quality of intestinal microflora, which is further projected to fuel the growth of the functional food segment over the coming years.

List of major companies in the Nutraceuticals Market

DSM

Amway

Pfizer Inc.

Nestle

The Kraft Heinz Company

The Hain Celestial Group, Inc.

Nature's Bounty

General Mills Inc.

Danone

Tyson Foods

For Customized reports or Special Pricing please visit @: Nutraceuticals Market Analysis Report

We have segmented the global nutraceuticals market based on product, application, and region.

[health-views-updates]

Softgel Capsule Industry Analysis and Forecasts in Research Report 2032

The global softgel capsule market revenue is on a steady growth trajectory, valued at USD 8.18 billion in 2023 and projected to reach USD 14.06 billion by 2031. The market is expected to grow at a compound annual growth rate (CAGR) of 7% from 2024 to 2031, driven by increasing demand for dietary supplements, innovations in drug delivery systems, and the rising prevalence of chronic diseases.

Softgel capsules are a popular oral dosage form in both the pharmaceutical and nutraceutical industries. They consist of a gelatin-based shell filled with liquid or semi-solid substances, offering several benefits such as improved bioavailability, easy swallowing, and enhanced protection for active ingredients.

Key Market Drivers

Rising Demand for Dietary Supplements and Nutraceuticals: The increasing awareness about health and wellness, coupled with growing demand for dietary supplements, is a major driver of the softgel capsule market. Consumers are turning to vitamins, minerals, and omega-3 supplements to support their health, and softgel capsules offer an ideal delivery system for these ingredients. Their ease of consumption and improved absorption rates make them a preferred choice among health-conscious individuals.

Advancements in Drug Delivery Systems: Softgel capsules are widely used in the pharmaceutical industry for delivering drugs with poor bioavailability. The encapsulation of active ingredients in a liquid form allows for better absorption in the digestive system, leading to enhanced therapeutic efficacy. As drug manufacturers continue to innovate and optimize drug delivery systems, the demand for softgel capsules is expected to rise, particularly for over-the-counter (OTC) medications and prescription drugs.

Increasing Prevalence of Chronic Diseases: The global rise in chronic diseases, such as cardiovascular diseases, diabetes, and arthritis, has led to an increasing demand for medications and supplements that can manage these conditions. Softgel capsules are often used to deliver medications and supplements that aid in the treatment and management of these chronic diseases, contributing to the market’s growth.

Consumer Preference for Non-Invasive and Easy-to-Swallow Formats: With the aging population, there is a growing preference for non-invasive and easy-to-swallow dosage forms, particularly for elderly individuals who may have difficulty swallowing traditional tablets or capsules. Softgel capsules, with their smooth texture and flexibility, offer a more palatable alternative, making them a favored choice in the geriatric population.

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Challenges and Opportunities

While the softgel capsule market is set to expand, challenges such as the fluctuating prices of gelatin, the primary raw material, may pose barriers to growth. In addition, the need for highly specialized manufacturing equipment and processes adds to the production costs, which could impact pricing.

However, there are significant opportunities for growth, particularly with the increasing trend toward plant-based and vegan alternatives. Traditional softgel capsules are made from animal-derived gelatin, which may not align with the preferences of vegetarian or vegan consumers. To cater to this growing demographic, companies are investing in the development of plant-based softgel capsules, using materials such as tapioca or hydroxypropyl methylcellulose (HPMC). These innovations are expected to expand the market and attract more consumers seeking sustainable and cruelty-free alternatives.

Regional Insights

North America currently dominates the softgel capsule market, driven by the high demand for dietary supplements, advanced healthcare infrastructure, and strong presence of major pharmaceutical and nutraceutical companies. Europe follows closely behind, with a focus on health-conscious consumers and increasing demand for OTC medications.

The Asia-Pacific region is expected to witness the highest growth during the forecast period, fueled by the increasing population, rising disposable income, and growing awareness of health and wellness. In particular, countries like China, India, and Japan are emerging as key markets for softgel capsules, with increasing investment in pharmaceutical manufacturing and the rising adoption of dietary supplements.

Future Outlook

The softgel capsule market is poised for significant growth over the next decade, driven by consumer preferences for easy-to-swallow, highly bioavailable dosage forms and the rising prevalence of chronic conditions requiring long-term medication. Innovations in plant-based and vegetarian capsules will further drive demand, catering to the evolving needs of health-conscious and eco-conscious consumers.

In conclusion, the global softgel capsule market, valued at USD 8.18 billion in 2023, is expected to reach USD 14.06 billion by 2031, growing at a steady CAGR of 7% over the forecast period. With advancements in drug delivery, a rising focus on health and wellness, and growing demand for non-invasive dosage forms, the market is set to expand significantly, presenting numerous opportunities for pharmaceutical and nutraceutical companies worldwide.

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[rakshasns]

Mustard Oil Market to Reach USD 17.8 Billion by 2032 Driven by Rising Demand Across Food and Pharmaceutical Sectors

Government regulations and health benefits of mustard oil are accelerating demand in key applications such as pharmaceuticals, and cosmetics.

According to SNS insider, the Mustard Oil Market was valued at USD 12.3 Billion in 2023 and is expected to grow at a CAGR of 4.2%, reaching USD 17.8 Billion by 2032.

Market Analysis

The Mustard Oil Market has shown remarkable growth, the growth of the market is driven by an increasing number of applications of mustard oil in food preparation and its recognized health benefits. The product features a high content of omega-3 and anti-inflammatory properties, which satisfy consumer demand for organic and natural products in their personal care and pharmaceutical applications. Moreover, local governments are increasingly adopting stricter regulations regarding edible oils, promoting the adoption of mustard oil as a healthier and more sustainable alternative. For example, governmental regulatory councils in India, one of the key consumers of mustard oil, require that edible oils purchased within the country abide by their regulations or face sanctions. The Food Safety and Standards Authority of India requires the mandatory fortification of edible oils with specified vitamins wholesalers, suppliers, and retailers. Consequently, the stringent regulatory environment incentivizes mustard oil manufacturing companies to invest in innovation and increase production capacity.

Segment Analysis

By Type

The brown mustard segment held the highest market share due to its perceived stronger flavor, higher availability, and presence in traditional cooking especially in Asia. Brown mustard is heavily used in pickles and spices of the food sector. As brown mustard is the desired choice for both spices and pickles, it maintains its dominance. Black mustard is witnessing the maximum growth as its use in pharmaceutical applications is increasing. The medicinal properties of black mustard, such as promoting digestion and pain relief, is attracting more applications in pharmaceuticals.

By Application

Mustard oil is commonly used in several Asian countries, particularly for cooking and food preparation. Moreover, this ingredient is becoming popular in international markets mainly due to the perceived health benefits. The rise of natural and organic beauty products has spurred the demand for mustard oil in cosmetics and Personal Care formulations due to its moisturizing and anti-aging properties.

Regional Analysis

The Asia-Pacific region has been dominating the mustard oil market, with India being the largest producer and consumer. Mustard oil finds its usage in various Indian households across regions and classes, and its usage is ingrained in the culinary culture of the country. Moreover, Fortunes Foods and Emami have broadened their dependency and extended the mustard oil product line by taking advantage of the local-serving policy of the government. On the other hand, North America is emerging as a fast-growing region in the mustard oil market. NA is becoming a newly developed region in the mustard oil market on account of the consumers’ increasing demand for natural and organic products for food and cosmetics. The U.S.-based companies are mixing mustard oil in organic food and elegance lines, with La Tourangelle presenting cold-pressed mustard oils for surfers.

Recent Developments

March 2023: Emami Agrotech introduced fortified mustard oil variants in the Indian market.

June 2023: Fortune Foods announced an organic mustard oil range in India, positioning the product for health-conscious consumers.

August 2023: La Tourangelle announced the launch of its premium cold-pressed mustard oil in the U.S., aiming at gourmet cooking.

September 2023: Dabur announced the launch of a new mustard oil-based product in its Ayurveda section.

Key Takeaways

The report provides a detailed analysis of the mustard oil market, including the current and future market size, growth rates, and main trends.

It supplies a thorough analysis of the key drivers of the market growth, including regulatory changes, consumers’ preferences, and technological innovations.

The segmentation of the report shows both the fastest-growing categories and the leading segments. This way, potential investors in the market can see which areas to target and plan their investments accordingly.

The report analyses the current situation in different regions, as well as the most common strategies of major companies in both developed and emerging markets.

A list of the recent products and developments made by leading companies in the mustard oil sector allows predicting the future trends in the market.

[industryforecastnews]

Plant-based Butter Market Size To Reach USD 3.72 Billion By 2030

 Plant-based Butter Market Growth & Trends

The global plant-based butter market is expected to reach USD 3.72 billion by 2030, exhibiting a CAGR of 6.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising awareness about the health risks associated with excessive consumption of animal fats has led many consumers to seek healthier alternatives, with plant-based butter seen as a more heart-friendly option. Environmental consciousness plays a significant role, as consumers increasingly recognize the lower carbon footprint and reduced resource consumption of plant-based products compared to their dairy counterparts. The growing prevalence of lactose intolerance and dairy allergies worldwide has expanded the market for dairy alternatives, including plant-based butter. Technological innovations in food science have dramatically improved the taste, texture, and functionality of plant-based butter, making it more appealing to a broader consumer base.

There's a growing demand for clean-label products, with consumers seeking options made from simple, recognizable ingredients. Manufacturers are responding by developing products with shorter ingredient lists and avoiding artificial additives. Another trend is the focus on functional ingredients, with plant-based butter incorporating nutrients like omega-3 fatty acids, vitamins, and minerals to appeal to health-conscious consumers. The market is also seeing a rise in premium and artisanal plant-based butter offerings, catering to consumers looking for gourmet experiences. Additionally, there's an increasing emphasis on sustainable packaging, with brands exploring eco-friendly alternatives to traditional plastic containers.

Recent developments in the market include significant product innovations and strategic moves by key players. Major food companies have been entering the market through acquisitions or launching their own plant-based lines, bringing substantial resources for research, development, and marketing. There's been a surge in new product launches featuring unique ingredient combinations, such as blends of different plant oils to achieve optimal taste and texture profiles. Some brands have introduced cultured plant-based butter, using fermentation processes to replicate the tangy flavor of traditional dairy butter.

For instance, in February 2022, Miyoko's Creamery, known for its plant-based dairy products, introduced its Organic Cultured Oat Milk Butter to Walmart stores across the U.S. This 12 oz. butter is crafted from whole-grain oat milk, sunflower oil, and coconut oil, providing an allergen-friendly spread. It is free from soy, cashews, gluten, lactose, and palm oil, meeting the needs of consumers with diverse dietary preferences. Moreover, it holds USDA Certified Organic status and is made without artificial colors or preservatives, emphasizing its commitment to natural ingredients.

On the technological front, advancements in food processing techniques have led to improved mouthfeel and meltability of plant-based butter, making them more comparable to dairy butter in cooking and baking applications. Some companies have also been exploring novel ingredients like algae or fermented oils to create more sustainable and nutritionally enhanced products.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/plant-based-butter-market-report

Plant-based Butter Market Report Highlights

Coconut butter represented 35.50% of revenue in 2023, favored for its creamy texture and mild flavor similar to traditional butter. Health benefits like medium-chain triglycerides (MCTs) enhance its appeal among health-conscious consumers, contributing to its market dominance.

Non-flavored plant-based butter held a 64.96% revenue share in 2023, prized for its versatility and ability to replicate the neutral, creamy taste of dairy butter. Its appeal lies in simplicity and authenticity, making it a preferred choice for cooking, baking, and spreading without altering dish flavors.

B2C sales accounted for 67.62% of revenue in 2023, driven by widespread availability in retail outlets like supermarkets and online platforms. Direct consumer access aligns with growing health consciousness, ethical considerations, and dietary preferences such as veganism, cementing B2C channels as the primary distribution choice.

North America dominated the market with over 34.58% revenue share in 2023, fueled by strong consumer demand for health-conscious and vegan options. Early adoption of food trends, established manufacturers, extensive retail networks, and supportive regulatory frameworks contribute to the region's market leadership.

Plant-based Butter Market Segmentation

Grand View Research has segmented the global plant-based butter market based on source, nature, distribution channel, flavor, and region.

Plant-based Butter Source Outlook (Revenue, USD Million, 2018 - 2030)

Almond

Oat

Soy

Coconut

Others

Plant-based Butter Nature Outlook (Revenue, USD Million, 2018 - 2030)

Organic

Conventional

Plant-based Butter Flavor Outlook (Revenue, USD Million, 2018 - 2030)

Flavored Butter

Non-Flavored Butter

Plant-based Butter Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

B2B

B2C

Plant-based Butter Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

Europe

Asia Pacific

Central & South America

Middle East & Africa

List of Key Players in the Plant-based Butter Market

Upfield

Miyoko’s Creamery

Conagra, Inc.

Califia Farms, LLC

Kite Hill

Ripple Foods, PBC

Elmhurst Buttered Direct, LLC

Milkadamia

Fora Foods

Naturli’ Foods A/S

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/plant-based-butter-market-report

[industryinsightsandanalysis]

Microencapsulation Market: Current Analysis and Forecast (2024-2032)

According to the UnivDatos Market Insights analysis, growing partnership between the companies and the growing pharmaceutical industry will surge in demand for the Global Microencapsulation market, which will drive the global scenario of the “Microencapsulation Market” report; the global market was valued at USD 12,624.52 million in 2023, growing at a CAGR of 11.84 % during the forecast period from 2024 - 2032 to reach USD 34,769.03 million by 2032.

The global microencapsulation market is experiencing a surge in demand, driven by the growing application of the pharmaceutical, food and beverage, and home and personal care industry. Microencapsulation has proven an effective tool in creating novel food products with numerous functional properties. This technology has been widely used in commercial products like juices, chocolates, meat, and poultry.

Catering to Evolving Consumer Demands

The spotlight has been shifted more and more toward the components of the manufactured products and socially responsibly consumption, plant-based products are popular. This trend has been especially evident in the application of food and beverage, personal care products, and pharmaceuticals because microencapsulation is often environmentally sensitive or has to be released slowly. The beverage industry has played a significant role in the growth of microencapsulation, mostly in the coffee industry. For instance, in 2023, 32% of the coffee consumed out of home was cold, the equivalent of 1 in every 3 cups. This segment is one of the fastest growing in the coffee industry, with a 15% consumption increase in the past four years1. Younger generations, in particular, have embraced the trend of drinking their coffee cold, and the rise of specialty coffee shops and cafés offering a wide range of cold coffee options has contributed to making it accessible and appealing to consumers.

Nescafe has launched a new product called Nescafé Espresso Concentrate, which is designed to capture the out-of-home cold coffee experience and bring it into consumers' homes. The premium liquid coffee concentrate aims to provide barista-style personalized iced coffees in a convenient, simple, and customizable way.

In 2021, AnaBio has launched a range of encapsulated probiotic strains, including well-established Bifidobacterium and Lactobacillus species, which can survive temperature stresses associated with UHT processing. Additionally, the company offers encapsulated antioxidant ingredients and omega-3 oils.

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Technological Advancements and Investments

The microencapsulation market has seen a significant change in the last couple of years due to advancements in technology. As the demand for its applications continues to become wider from the various industries, manufacturers are exploring to develop innovative and efficient solutions. For instance, Incaptek Innovative Technologies has developed cutting-edge microencapsulation technology to produce programmed-shell microcapsules with controlled and targeted release functions. The company coaxial electrospray technology combines the best of the available microencapsulation techniques. It is as advanced as microfluidics, but with regard to production volumes and costs, it is in the same range as spray-drying and microemulsification. Furthermore, Companies are expanding their partnership to gain the competitive edge in the market and fulfill the demand of industries. Several partnerships have been seen in the past few years. For instance, in 2023, BASF and Cargill further expand their partnership to offer high-performance enzyme solutions to animal protein producers in the United States. By combining the enzyme research and development strengths of BASF with Cargill’s know-how in application and broad market reach, the partners will form a joint innovation pipeline for animal protein producers.

Conclusion

In conclusion, the global microencapsulation market is experiencing a transformative phase driven by the growing application in pharmaceutical, food and beverage, home and personal care industries. Consumers’ preferences have evolved over time and regulatory bodies have tightened their frame works. Manufacturers are bound to explore new and innovative solutions by forming strategic partnerships, acquisitions, and launching innovative products to meet the changing demands of the customers.

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[tamanna31]

Omega 3 2024 Industry – Challenges, Drivers, Outlook, Segmentation - Analysis to 2030

Omega 3 Industry Overview

The global omega 3 market size was valued at USD 2.62 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2030.

This is attributable to the rising use of ingredients in the human diet to support brain and heart health. Furthermore, the increasing consumer investment in healthcare and one’s well-being is also expected to boost product demand. The market is witnessing continuous diversification in its product offerings as consumers are looking for alternatives to traditional fish oil. Krill oil is one of the widely used sources of omega-3 due to its superior properties as compared to conventional fish oil. The majority of consumers in Europe and North America prefer krill oil over any other source of fish oil owing to its acid reflux, unpleasant taste, and large-sized pills. Such factors are anticipated to trigger product demand during the forecast period.

Gather more insights about the market drivers, restrains and growth of the Omega 3 Market

The demand for omega-3 fatty acids in the U.S. is projected to grow significantly over the next few years owing to rising consumer awareness in the country regarding the several health benefits offered, including lowering blood pressure and cholesterol and reducing risks related to heart diseases. Moreover, growing consumer preference for a healthy and nutritional diet is further expected to fuel product demand shortly.

Numerous manufacturers present in the U.S., including BioProcess Algae, Martek Biosciences Corporation, and Omega Protein Corporation are focusing on research and development activities for launching pharmaceutical-grade product in the market. Increasing consumption of enhanced medicines to treat and prevent chronic diseases is likely to spur overall consumption in the coming years.

Rising pressure on anchovy fisheries to extract fish oil has increased the demand from non-fish sources, including flaxseed, walnuts, algae, and krill oil. Furthermore, increasing government initiatives to promote the product usage in different end-use applications are projected to positively impact the market demand.

Browse through Grand View Research's Additives & Nutricosmetics Industry Research Reports.

• The global fumaric acid market size was valued at USD 561.5 million in 2023 and is projected to grow at a CAGR of 4.2% from 2024 to 2030.

• The global nisin market size was estimated at USD 502.93 million in 2023 and is projected to grow at a CAGR of 4.7% from 2024 to 2030.

Global Omega 3 Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis on the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global omega 3 market report on the basis of type, source, application, and region:

Type Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

Docosahexaenoic acid (DHA)

Eicosapentaenoic acid (EPA)

Alpha-linolenic acid (ALA)

Docosapentaenoic acid (DPA)

Others

Source Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

Marine Source

Fish Oil

Algal Oil

Krill Oil

Others

Plant Source

Nuts & Seeds

Vegetable Oils

Soy

Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

Supplements & Functional Foods

Pharmaceuticals

Infant Formula

Animal Feed & Pet Food

Others

Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

North America

US

Canada

Mexico

Europe

Germany

UK

France

Spain

Italy

The Netherlands

Norway

Asia Pacific

China

India

Japan

Australia

New Zealand

Central & South America

Brazil

Argentina

Middle East & Africa

UAE

South Africa

Key Companies & Market Share Insights

Growing consumption of the product in various applications coupled with rising awareness regarding health and chronic diseases, and regulations favoring the use of omega-3 in infant formulations has influenced manufacturers to invest in technologies and product development in order to meet consumer demands. The market has been experiencing an increase in the number of new entrants across the value chain owing to the growing profits and huge market potential of manufacturers.

In March 2023, Epax announced an investment of USD 40 million in molecular distillation technology for improving the processing of highly concentrated omega 3.

In May 2023, Nuseed Global introduces Nuseed Nutriterra plant-based oil enriched with omega-3, tailored to meet the needs of the human nutrition and dietary supplement markets.

In addition, key companies such as Aker Biomarine Antarctic AS are focusing on expanding their capacity by introducing new catching vessels to increase their products, which was reflected in the sales of the company in the year 2021. Governments across developing regions are taking several initiatives to support Antarctic Krill fishing by providing research funds and creating innovation alliances, which may trigger industry growth

Key Omega 3 Companies:

Aker Biomarine Antarctic AS

Orkla Health

BASF SE

Omega Protein Corp.

GC Reiber Oils

Lonza

Croda International Plc

EPAX

BioProcess Algae, LLC

Koninklijke DSM N.V.

Order a free sample PDF of the Omega 3 Market Intelligence Study, published by Grand View Research.