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World Market of Omega-3 Fatty Acids

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Omega-3 Fatty Acids

Abstract

Today foods are not intended only to satisfy hunger and to provide necessary nutrients for humans but also to prevent nutrition-related diseases and improve physical and mental well-being of the consumers. The increased knowledge on the relationship between nutrients and health has resulted in several new product categories, such as functional foods and nutraceuticals. A function food is one which demonstrates to affect beneficially one or more target functions in the body, beyond its nutritional effects. Functional foods are concerned with the prevention of disease or reduction of disease risk, but cannot make any claims as to cures. The term nutraceuticals was first introduced by DeFelice in 1989 and in 1994 defined as “any substance that may be considered a food or part of a food which provides medical or health benefits, including the prevention and treatment of disease” (DeFelice in What is a true nutraceutical?—and—What is the nature & size of U.S. nutraceutical market? The Foundation for Innovation in Medicine, Cranford, 1994). Nutraceuticals are functional foods capable of modifying one or more organic functions favorably in addition to their nutritional effect. Probiotics and omega-3 fatty acids are the important nutraceutical ingredients that promise maximum growth over the next five years. Out of various groups of nutraceuticals, the most sought group is the products containing or enriched with omega-3 fatty acids. This article reviews the world market of such products.

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Abbreviations

ALA:

Alpha-linolenic acid

EPA:

Ecosapentanoic acid

DHA:

Docosahexanoic acid

SDA:

Stearidonic acid

AA:

Arachidonic acid

GOED:

Global Organization for EPA & DHA

PUFA:

Polyunsaturated fatty acid

CAGR:

Compound annual growth rate

USFDA:

United States of America Food and Drug Administration

RDI:

Recommended daily intake

FAO:

Food and Agriculture

WHO:

World Health Organization

IBD:

Irritable bowel syndrome

OTC:

Over the counter

US:

USA

EU:

European Union

TCI:

Technology Crops International

GLA:

Gamma-linolenic acid

EC:

European Commission

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Correspondence to Manohar L. Panse .

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Panse, M.L., Phalke, S.D. (2016). World Market of Omega-3 Fatty Acids. In: Hegde, M., Zanwar, A., Adekar, S. (eds) Omega-3 Fatty Acids. Springer, Cham. https://doi.org/10.1007/978-3-319-40458-5_7

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  • DOI: https://doi.org/10.1007/978-3-319-40458-5_7

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