GOED, the Global Organization of EPA and DHA Omega-3s, has published a report detailing the 2015 market for finished products containing EPA and DHA omega-3s. According to GOED’s proprietary research, the worldwide finished products market for 2015 was $31.4 billion. Of this, the largest portion—36 percent—came from Asia, followed by 32 percent from North America and 26 percent from Europe. The Rest of World category and Latin America added a little over 2 percent each, while Australia/New Zealand contributed another 1.5 percent.
Growth through 2017 is projected to be 5 percent on a global basis, with double digit growth expected in Asia. Growth by segment will be led by infant formula, with 8+ percent expected, while clinical nutrition also shows promise with 6 percent growth predicted. Dietary supplements will continue to grow, but at rates below 5 percent.
The report includes information on the following categories in 11 different countries and world regions:
- Fortified Foods and Beverages
- Dietary Supplements
- Infant Formula
- Clinical Nutrition and Medical Foods
- Pet Foods
GOED’s research includes a breakdown by region and category, and details on trends impacting the market. If you are interested in purchasing the report, please contact Chris Gearheart ([email protected]).