Food and Beverages Industry Report EPA/DHA (Omega 3) Ingredients Market Analysis 2024

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EPA/DHA (Omega 3) Ingredients Market Share, Size, Analysis,
Growth, Trends and Forecasts to 2024 | Hexa Research
" EPA/DHA (Omega 3) Ingredients global market
demand is expected to grow over the forecast period
due to its increasing applications in lifestyle disease
prevention medicines."
The global EPA/DHA ingredients market size is anticipated to surpass USD 4 billion by 2024 growing at a
decent CAGR of over 9.5 % over the forecast period (from 2016 to 2024). The rising awareness about
consuming nutritional foods is projected to boost the growth of the EPA/DHA (Omega 3) ingredients market.
The global market is categorized as applications, sources, and regions.
The application sector includes pharmaceuticals, dietary supplements, pet & animal feed, functional foods, and
infant formulas. The dietary supplements sector sales surpassed USD 985 million in 2015. The pet & animal feed
sector was the second largest sector and occupied more than 15 % of the overall demands in 2015. This
application sector is said to experience an average growth with a CAGR of over 6 % during the estimated years.
The pharmaceuticals sector is expected to grow at a healthy CAGR of over 6 % from 2016 to 2024.
The sources of the EPA/DHA (Omega 3) ingredients market include high concentrates, anchovy / sardine oil,
medium concentrates, algae oil, low concentrates, tuna oil, salmon oil, cod liver oil, krill oil, and menhaden oil.
Browse Details of Report @ https://www.hexaresearch.com/research-report/epa-dha-omega-3-ingredients-
market
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