The global market for omega 3 is expected to reach USD 7.32 billion by 2020, according to a new study by Grand View Research, Inc. Growing consumer awareness regarding the health benefits associated with omega 3 coupled with rising prevalence of coronary heart diseases are expected to drive market demand over the next six years. In addition, growing demand from emerging applications such as infant formulas and pharmaceuticals would further boost the growth of the market over the next six years. Raw material procurement, consumer perception with regards to fish oil and its smell and the lack of standardization in terms of labeling and registration are expected to be key challenges for market participants in the near future.
http://www.grandviewresearch.com/industry-analysis/omega-3-market
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