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Global Omega 3 Products Market 2019-2023 | Evolving Opportunities with AKER BIOMARINE AS and Archer Daniels Midland Co. | Technavio

LONDON--(BUSINESS WIRE)--Oct 25, 2019--

Technavio has been monitoring the global omega 3 products market since 2018 and the market is poised to grow by USD 16.13 billion during 2019-2023, progressing at a CAGR of more than 7% during the forecast period. Request free sample pages

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191025005193/en/

Technavio has announced its latest market research report titled global omega 3 products market 2019-2023. (Graphic: Business Wire)

Read the 142-page report with TOC on “Omega 3 Products Market Analysis Report by Product (functional food and supplements, infant nutrition, pharmaceutical, and pet food and feed), Geography (APAC, Europe, MEA, North America, and South America), and the Segment Forecasts”.

The market is driven by the health benefits of omega 3 products. In addition, the increasing popularity of vegan omega 3 products is anticipated to boost the growth of the omega 3 product market.

Regular intake of omega 3 fatty acids offer various health benefits for consumers. They help fight age-related mental decline, reduce the risk of Alzheimer’s and heart diseases, and increase high-density lipoprotein (HDL) in the human body. The docosahexaenoic acid (DHA) found in omega 3 fatty acids help improve eyesight. Various such benefits offered by omega 3 fatty acids are increasing their popularity among consumers. This is one of the key factors driving the demand for omega 3 products.

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Major Five Omega 3 Products Companies:

AKER BIOMARINE AS

AKER BIOMARINE AS owns and operates its business in the Krill products segment. Through this segment, the company offers various krill products, such as krill oil, and ingredients for aquaculture feed and pet food. The company offers a wide range of omega 3 products under the brands SUPERBA Krill, QRILL Aqua, and QRILL Pet.

Archer Daniels Midland Co.

Archer Daniels Midland Co. owns and operates its business across segments such as Origination, Oilseeds, Carbohydrate Solutions, and Nutrition. The company offers a range of omega 3 products under the brand Onavita.

BASF SE

BASF SE owns and operates its business across segments such as Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Other. The company offers omega 3 products under the brands Dry n-3, Maxomega, Pronova Pure, and others.

Bellamy’s Australia Ltd.

Bellamy’s Australia Ltd. owns and operates its business across segments such as Australia Sales, Overseas Sales, and Australia Manufacturing. The company offers a wide range of omega 3 products under the brand Bellamy's Organic.

Cargill Inc.

Cargill Inc. owns and operates its business across segments such as Animal Nutrition & Protein, Food Ingredients & Applications, Origination & Processing, and Industrial & Financial Services. The company offers a wide range of omega products under brands IngreVita, Latitude, and others.

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Omega 3 Products Product Outlook (Revenue, USD Billion, 2019 - 2023)

  • Functional food and supplements
  • Infant nutrition
  • Pharmaceutical
  • Pet food and feed

Omega 3 Products Regional Outlook (Revenue, USD Billion, 2019 - 2023)

  • APAC
  • Europe
  • MEA
  • North America
  • South America

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

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About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191025005193/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:[email protected]

Website:https://www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: FITNESS & NUTRITION HEALTH

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 10/25/2019 08:00 AM/DISC: 10/25/2019 08:00 AM

http://www.businesswire.com/news/home/20191025005193/en

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