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Outlook Is Rosy For North America’s Omega-3 Fish/Algae Oil Market - Study

April 19, 2010: 12:08 AM EST
Market researcher Frost & Sullivan has released a forecast of trends, growth, and dynamics in North America’s omega-3 oils market through 2013. According to the company, the market comprises two product categories: marine (fish)-based oils and algae oils. 18:12 EPA/DHA marine oil, the largest product category within the North American omega 3 fatty acids market, is in the late-growth phase of its product life cycle, while fish oil concentrates are growing significantly. Three major trends are driving the omega-3 oils market: increasing consumer awareness, a sound scientific platform, and innovative technology. The demand for fish oil concentrates is due to a growing demand for dietary supplements, the researcher said. The study also examines drivers and restraints for growth, pricing, distribution, technology, legislation, demand and geographical trends.
"Omega 3 Market Report Analyzes Growth Factors ", Nutraceuticals World, April 19, 2010, © Rodman Publishing
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