(MENAFN - GetNews) According to a report published by Grand View Research, the increasing awareness of chronic diseases, the expansion of the field of use of omega 3, and regulations favoring the use of omega 3 in infant formulations are boosting the growth of the market.
According to a report, Omega 3 Market Size, Share & Trends Analysis Report By Type (EPA, DHA, ALA), By Source (Marine Source, Plant Source), By Application, By Region, And Segment Forecasts, 2020 - 2027 published by Grand View Research, Inc., the global omega 3 market size is projected to reach USD 4.50 billion by 2027, expanding at a CAGR of 7.7% over the forecast period. Rising consumption of omega 3 in the active pharmaceutical ingredient (API) market is one of the major factors driving the demand for the product. Market growth can be attributed to rising health consciousness among consumers across the globe following a rise in the spread of chronic diseases.
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