Omega 3 Ingredients in High Demand as Awareness of Health Benefits Increases, Reports Tmr

Transparency Market

Research

Omega 3 Ingredients Market - Global Industry Analysis,

Size, Share, Growth, Trends, and Forecast 2015 - 2021

Published Date

15-06-2015

81 Page Report

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Press Release

Global Omega 3 Ingredients Market to Witness Rapid Growth

thanks to Heightened Awareness Regarding Benefits of Omega 3

Fatty Acids

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Omega 3 Ingredients Market

REPORT DESCRIPTION

Koninklijke DSM N.V., BASF SE, and Croda International Plc. – the three leading companies for omega 3

ingredients in 2014 – held a collective share of 48.2% in terms of market value. Most of the key omega 3

ingredients manufacturers have been in the market for a long time and possess a history of business

consolidation through various business strategies and mergers and acquisitions.

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As stated in a research report released by Transparency Market Research, the competitive intensity in the

global market for omega 3 ingredients is expected to remain very high till 2021. The market is extremely

concentrated in developed economies and relatively sparser in emerging ones. Additionally, the key

players hold a large part of the market share, leaving little scope for regional players or new entrants to

prosper in the market. The overall threat from new entrants is also expected to remain very low over the

coming years, owing to the high entry barriers and the overall lack of consumer awareness in untapped

regions.

The global market for omega 3 ingredients is expected to generate a revenue of US$7.49 bn by 2021. It is

projected at a CAGR of 15.2% from 2015 to 2021 and is predicted to reach US$3.70 bn before the end of

2016. Supplements...