Omega fatty acid

Worldwide Industry for Functional Food to 2027 - Rapid Growth of the Retail Sector Presents Opportunities

Retrieved on: 
Tuesday, October 13, 2020
Food science, Nutrition, Functional food, Food, Omega fatty acid

The functional food market size was valued at $177,770.00 million in 2019, and is estimated to reach $267,924.40 million by 2027, registering a CAGR of 6.7% from 2021 to 2027.

Key Points: 
  • The functional food market size was valued at $177,770.00 million in 2019, and is estimated to reach $267,924.40 million by 2027, registering a CAGR of 6.7% from 2021 to 2027.
  • Functional food contains sources of omega fatty acid which helps to maintain the weight and control blood circulation in the body.
  • However, lack of awareness regarding the clinical benefits of functional food and high prices are likely to hamper the growth of the functional food market during the forecast period.
  • Despite the high prices, COVID-19 pandemic has been positively influencing the growth of the functional food market.

Global Market Analysis for Omega Ingredients 2020-2025 - Fish is the Prominent Source of Omega Ingredients

Retrieved on: 
Friday, May 29, 2020
Articles, Health, Organic compounds, Fatty acids, Corbion, Omega-3 fatty acid, Carotene, Nutrition, Dietary supplement, Omega fatty acid, Martek Biosciences Corporation

Omega fatty acids have received a great amount of research attention in the past decade as a nutritional food supplement.

Key Points: 
  • Omega fatty acids have received a great amount of research attention in the past decade as a nutritional food supplement.
  • Microalgae, a source rich in omega-3 and beta-carotene, has gained immense popularity among manufacturers as a sustainable source of food and fuel.
  • The global Omega ingredients market is highly fragmented, and key players, such as DSM, Corbion, BASF, and ADM, are facing fierce competition from local/domestic players across regions.
  • The most notable point to be observed in the global Omega ingredients market is the effect of the strategic mergers, acquisitions, partnerships, and investments.