Special edition: Omega-3
Omega-3 looking forward
According to Packaged Facts, the market for omega-3 is buoyant and market growth of 15-20% is expected to continue.
Adam Ismail, executive director of the Global Organization for EPA and DHA Omega-3s (GOED), agrees that the market is only beginning for omega-3.
"There is still too much of the world's population with insufficient intakes, and too much supportive science to deny that they are necessary nutrients.
“Growth in developed countries has shown that EPA and DHA can be accessible to almost everyone, so there is no reason that we cannot get to the point where almost everyone in the world is getting sufficient intakes through their diet.”
Ismail noted that the fastest growing markets are to be found in Asia, and they are growing almost three times as fast as North American and Western European markets.
“It is also the market where the most rapid functional food development is taking place...despite low per capita incomes,” he added.