October 2, 2012
ROCKVILLE, MDPackaged Facts projects global consumer spending on EPA/DHA-fortified products will reach US$34.7 billion by 2016. The market research group published its findings in the new report, " The Global Market for EPA/DHA Omega-3 Products." The report estimates sales will post a compound annual growth rate of 6.4 percent, with North America accounting for 43 percent of sales.
The Global Organization for EPA and DHA Omega-3 (GOED) commissioned the research, which covered six categories of packaged consumer goods. Packaged Facts expects expanding public awareness of omega-3 health benefits, in addition to increased regulation, will fuel growth in the coming years.
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