Even as this awareness of omega-3s reaches something approaching critical mass, the overall market appears to reaching maturity While sales remain robust, growth has backed off to the strong single-digit arena. Countering this trend is very strong growth in individual supply sectors, like krill. And adding more fuel to the fire are new omega-3s supply sources set to come on the market in the near future in form of new photosynthetic algae technologies and a soy-based ingredient from Monsanto that has huge potential in the functional foods arena.
By the numbers:
Frost and Sullivan forecasts that the omega-3 food ingredients category will grow between 19.2% and 38.7% until 2015. It predicts that the global omega-3 dietary supplement category will grow between 10.6% and 14.6% until 2015.
Frost and Sullivan projected 10% compound annual growth rate from 2008 to 2013 in the European marine and algae oil omega 3 ingredient market