Rapidly Ageing Population to Drive the Growth of Omega-3 PUFA Market
Omega-3 PUFA ingredients are polyunsaturated fatty acids which are important for human metabolism. The amount of DHA present in the brain decreases with ageing, which leads to cognitive deficiencies. Reduced DHA also affects bone mineral density and causes cardiovascular problems, especially in older people. Consumption of Omega-3 ingredients such as EPA and DHA in the form of dietary supplements and high grade pharmaceuticals help elderly people to compensate the deficiency of these vital ingredients in everyday diet. The aging population segment is the major consumer of omega-3 PUFA ingredients based products as it reduces the risk of heart ailments and cognitive disorders. The rapidly aging population is set to propel the sales of omega-3 ingredients and end products.
According to a United Nations statistics, older people (aged 60 years or above) accounted for 9.2% of the total population in 1990 which increased to about 11.7% in 2013. This percentage share is further expected to grow up to 21.1% by 2050 hugely increasing the potential customer base. According to World Health Organization (WHO), cardiovascular diseases (CVDs) is the number one cause of deaths globally. As per WHO estimates, about 17.5 million people lost their lives owing to CVDs in 2012. About 75% of these deaths took place in lower and middle income countries.
Fish oils contain unsaturated fatty acids such as omega-3, these fatty acids reduces the inflammation and thereby reduces the probability of a heart disease. Omega-3 fatty acids reduce the amount of bad cholesterol [Low-density lipoprotein (LDL)], lower blood pressure as well as blood clotting. The varied benefits of omega-3 PUFAs on heart functions lead to the increasing intake of Omega-3 PUFA dietary supplements and fortified foods. In addition, omega 3 PUFA market
has been constantly supported by innovation in sources of these ingredients and wide spread product availability in the retail chains. Thus, increasing concern on cardiovascular health coupled with rising awareness on benefits related to omega 3 consumption fuels the Omega 3 PUFA market growth.
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