Omega-3 Encapsulation Market Forecast to 2023 Detailed in New Research Report
Research Reports
Dec 29, 2020
Market Insight
According to Market Research Future (MRFR), the global omega-3 encapsulation market is projected to exhibit steady growth over the forecast period 2017 to 2023. The market has gained momentum owing to the rising awareness about the nutritional properties of the product. It is likely to benefit the growth of the market in the forthcoming years.
The omega−3 fatty acid DHA, also commonly known as docosahexaenoic acid, is highly essential to normal growth in young ones. Marketers are capitalizing on its demand by introducing products for infants, children, and pregnant women. It is likely to augment the omega-3 encapsulation market in the upcoming years.
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Competitive Dashboard
Some of the key players identified to be operating in the Omega-3 Encapsulation Market are NUTRIFYNN Caps, Inc. (U.S.), Arjuna Natural Extracts Ltd (India), BIOSEUTICA B.V. (Netherlands), DSM Nutritional Products Europe Ltd. (Netherlands) LAMBO Laboratories NV (Belgium), Pure Encapsulation (U.S.), and CAPTEK SOFTGEL International, Inc. (U.S.).
Market Segmentation
On the basis of encapsulation technique, the global omega-3 encapsulation market has been segmented into chitosan microcapsule, ultrasonic atomizer, maltodextrin, and others.
On the basis of emulsion formulation, the omega-3 encapsulation market has been segmented into EPA (Eicosapentaenoic acid), DHA (Docosahexaenoic acid) and others.
On the basis of source, the global omega-3 encapsulation market has been segmented into animal and plant.
On the basis of application, the omega-3 encapsulation market has been segmented into food and beverages, dietary supplements, pharmaceuticals, Infant formula, and others.
Regional Analysis
The global Omega-3 Encapsulation Market, by region, has been segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is expected to lead the growth of the global market in the upcoming years. The consolidation of key players is a major factor poised to favor the expansion of the market in the region. The growth strategies executed by the industry leaders for acquiring new consumers such as product innovation & development, researches, collaborations, etc. are likely to influence the growth of the omega-3 encapsulation market positively over the assessment period. The U.S. is anticipated to contribute significantly towards the development of the market in the foreseeable future.
Europe is forecasted to exhibit a decent rise in the growth of the omega-3 encapsulation market across the projection period. Product innovation and sound branding practices are expected to revolutionize the future trajectory of the market. The technological advancements in the industry for checking purity standards, extraction of omega-3 fatty acids from different sources, etc. is projected to have a favorable impact on the revenue generation from the market.
The omega-3 encapsulation market in Asia Pacific is likely to be driven by the increasing awareness about the healthcare properties of the product. The region houses a major proportion of the global population which has been anticipated to fuel the demand for omega-3 supplement in the region.
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