Global consumer spending on omega-3 products will jump from $25.4 billion in 2011 to $34.7 billion in 2016, according to a new report from market research firm Packaged Facts.
The chair of the international marine-sourced omega-3 trade group has warned the omega-3 sector faces an impending supply crisis as global demand booms for food, pharma and supplement products.
Chinese ingredients supplier Fenchem has joined the global omega-3 association GOED after including fish oil ingredients in its product portfolio just a year ago.
Canadian krill oil supplier, Neptune, has teamed up with a local fishing company in a bid to tap into China’s fast growing and emerging omega-3 supplements market.
Asia is the fastest growing omega-3 market and global association, GOED, plans to cultivate a responsible market through education and quality controls, with a specific focus on China.
Demand from the food industry will see the market for Omega-3 ingredients rise substantially over the next few years, a report from the market research and consulting firm MarketsandMarkets said.
The Commonwealth Scientific and Industrial Research Organisation (CSIRO) will continue a 15-year collaborative period with Australian food company Clover Corporation, by engaging in a new initiative to develop encapsulation techniques for infant and medical...
China is poised to over take Western Europe in the consumption of EPA- and DHA-rich oils, according to research conducted by market analysts Frost & Sullivan and the Global Organization for EPA and DHA (GOED).
India’s Avesthagen Limited has announced the completion of its development of microalgae-derived DHA (docosahexaenoic acid), with the technology validated for commercialization.
