Awareness For Infant And Mother Nutrition To Create A Wider Array For Omega-3
by Mit K. SEOThe
global omega-3
market is estimated to be valued at USD 4.1 billion in 2019 and is
projected to reach USD 8.5 billion by 2025, recording a CAGR of 13.1%. Omega-3
is a polyunsaturated fatty acid that cannot be synthesized by the human body
and is hence required to be consumed from plants and animal sources. Globally,
a high degree of disparity can be noticed in the food habits of populations in
different regions. The population in Nordic countries consumes more solid fat
and has swapped margarine for butter. The people in Mediterranean countries are
consumers of liquid fats such as vegetable fats and olive oil. The North
American diet is low in fish & seafood, leading to a “nutrition gap” of
omega-3 fatty acids.
Consumer Awareness Regarding the Health Benefits of
Omega-3
According
to the Global Organization for EPA and DHA (GOED), omega-3 is the most
researched nutrients in the world, with over 8,000 clinical trials conducted
over the last decade. In 2016, the American Heart Association released
scientific studies about the benefits of omega-3 in cardiovascular diseases
(CVD) prevention and maintenance of heart health. According to the WHO, every
year, an estimated 17 million people die of CVD globally, particularly as a
result of heart attacks and strokes. It is also estimated that by 2030, the
number of people who will die from CVD will reach 23.3 million. CVD has become
the leading cause of death in developing countries as well as developed ones.
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Mother & Infant Nutrition Products Demand
The demand for EPA and DHA is growing for mother and infant
nutrition products due to their role in the brain development of infants.
According to the Magazine of DHA, it has been the most researched ingredient in
the past 25 years for infant and mother nutrition. Accumulation of DHA in
neural tissue for brain development is significant in the third trimester to
two years of a baby’s life. Due to this reason, the demand for DHA and EPA in
mother and infant nutrition products is increasing.
According
to a study published by National Center for Biotechnology Information (NCBI) in
2017, infants’ brains grow about 260% in the last trimester, and it continues
to grow in the first year of life for about 175%. The consumption of DHA
supports this development by reducing the chances of Down’s syndrome.
Pet Food
And Feed To Drive The Growth In Near Future
Omega-3 in pet nutrition is also emerging due to its
therapeutic ability to improve immunity and prevent degenerative conditions
such as arthritis and inflammatory bowel disease in cats and dogs. Omega-3 is
used to fortify animal feeds, treats, and supplements and can be fed to fish
and production animals, thereby enriching the meat, eggs, and milk they
produce. Manufacturers are investing in products such as treats and supplements
or pets.
Flaxseed is an omega-3-rich source used as a nutrient
in animal feed. A new regulation in Europe (Regulation 767/2009 of the European
Parliament and the Council on the market placement and use of feed) requires
substantial evidence that an ingredient imparts health benefits as it claims.
Omega-3 is one such ingredient with significant benefits. Therefore, there is
an increase in the incorporation of omega-3 in pet food. The pet food industry
is expected to grow in the future as pet owners continue to demand health &
wellness products for their pets.
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Asia
Pacific To Offer High Growth Opportunities In The Market
The market in Asia Pacific is projected to grow at the highest
CAGR, and according to the NutraIngredients- Asia Summit 2019, China is
considered as one of the most significant contributors in terms of omega-3
potential value surpassing Europe. The increasing demand for omega-3 in dietary
supplements, functional food & beverages, and infant formula applications
has created lucrative growth opportunities for manufacturers in the omega-3
market in the Asia Pacific region.
Major companies such as BASF (Germany), Croda International (UK),
and Cargill (US) are increasingly inclined toward catering to the demands of
consumers in the Asia Pacific region and investing in developing innovative
products that align with their demands.
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Created on Apr 13th 2021 04:54. Viewed 95 times.