The worldwide omega-3 concentrates market size is projected to show development at an impressive CAGR of 7.5% and arrive at US$ 5.3 Billion in the estimate period from 2022 to 2032. It is normal to be esteemed at US$ 2.4 Billion of every 2022.
Omega-3 concentrates are highly concentrated oils that contain EPA and DHA with sum concentration of more than 50%. Omega-3 concentrates are obtained from omega-3 rich oils that are further processed to obtain a higher concentration of EPA and/or DHA.
These can be obtained from various omega-3 rich oils such as fish oil, alga oil, calamari oil, etc. Omega-3 concentrates are available in oil as well as powder form, which is used by dietary supplement manufacturing companies to make capsules, for use in food and beverages, or as a pharmaceutical grade component.
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Ethyl-Ester Vs. Triglyceride: The Healthier Omega-3 Concentrates
Triglyceride is present in natural omega-3 oils whereas ethyl-ester is present in the concentrated form in the oils. There has been a new development in the omega-3 concentrates. During the processing of the omega-3 concentrates from natural oil, the ethyl-ester formed is reconverted back to the triglyceride form, which is known as a re-esterified triglyceride. These forms have different absorption capacities in the human body, but the most effective absorption is of re-esterified triglycerides. Also, the absorption depends upon the digestive capabilities of each person.
Omega-3 Concentrates: Key Players
Some of the leading manufacturers in the global omega-3 concentrates market are Nordic Naturals, Inc., Organic Technologies, Pelagia AS (Epax Norway AS), Novasana B.V., GC Rieber Oils AS, BASF Corporation, DSM Nutritional Products AG, Norwegian Fish Oil AS, K Pharmtech Co., Ltd., Australian Omega Oils Pty. Ltd., and Golden Omega S.A.
Omega-3 Concentrates: Key Developments
- In 2016, DSM Nutritional Products AG launched a new technology called the 3C Technology, for the production of omega-3 concentrates to efficiently reduce the cost of production of these concentrates and also make them affordable to the consumers.
- In September 2017, Organic Technologies, the producer of the Omega-3 concentrates brand, launched a new product in the market to challenge other manufacturers. It launched Omega-3 concentrates that are rich in DHA with certification from the Marine Stewardship Council (MSC) that certifies for sustainability.
- In October 2017, GC Rieber Oils AS went into a collaboration with a Norwegian scientific consulting firm, Orivo, to verify the source of the oil which can be tested by Nuclear Magnetic Resonance (NMR) technique. This is to increase the transparency of the omega-3 concentrates and their sources.
Omega-3 Concentrates: Key Regulations
The GOED (Global Organization for EPA and DHA) is a quality maintaining council for the omega-3 market so that the omega-3 concentrates and oils that reach the customers are of high-quality and safe for use.
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Omega-3 Concentrates: Opportunities
Ultra-high omega-3 concentrates is the next omega-3 trend in the market. The individuals that are omega-3 deficient make up more than 80% of the global population. This deficiency is leading to cardiovascular diseases in humans. Thus, consumers have started taking dietary supplements to overcome this. Due to omega-3 concentrates, consumers can take lesser supplements and get adequate nutrition.
The prices of the omega-3 concentrates have to be made a little more affordable to increase the sales of the products for a larger audience. This can be achieved with improved technology that some companies are incorporating. The dietary supplements market, especially the omega-3 concentrates market has a very high growth rate and potential innovations in the upcoming years.
The research report presents a comprehensive assessment of the omega-3 concentrates market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, application, and end use.
Key Segments Profiled in the Omega-3 Concentrates Industry Survey
By Form:
- Powder
- Oil
By Source:
- Krill
- Fish
- Calamari
- Algae
- Others
By Type:
- Triglyceride (TG)
- Ethyl Ester (EE)
- Phospholipids (PL)
By Concentration:
- High DHA
- High EPA
- Balanced EPA: DHA
By End Use:
- Food and Beverages
- Dietary Supplements
- Pharmaceuticals
- Nutraceuticals
- Infant Formula
- Personal Care and Cosmetics
- Pet Food
By Packaging:
- Drums
- Totes
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