GOED projects 5% global growth of omega-3 finished products through 2017

GOED projects 5% global growth of omega-3 finished products through 2017

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
  • Pharmaceuticals
  • 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]).

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