Omega-3-Infused Food and Beverage Sales Skyrocketing to $7 Billion By 2011!
Posted on: Thursday, 22 February 2007, 15:00 CST
NEW YORK, Feb. 22 /PRNewswire/ -- Market research publisher Packaged Facts chronicles the meteoric rise of Omega-3 fatty acids-enhanced foods and beverages in a new study titled Omega 3 Fatty Acids and the U.S. Food and Beverage Market, which shows a market growing from its meager beginnings at approximately $100 million in 2002 to more than $2 billion in 2006.
Packaged Facts projects that sales of ALA, DHA, and EPA-infused foods will reach $7 billion by 2011, a compound annual growth rate estimated at over 60% from 2002 to 2011. Dominated by sales of grain-based foods, including bars, breads, and cereals, which currently control 86% of the market, the report suggests that the dairy segment will soon gain a sizable chunk of the market share as the popularity of enhanced yogurts, milks, ice creams and cheeses begins to take off.
Bolstered by the FDA's approval of a qualified health claim for reduced risk of coronary heart disease on conventional foods containing DHA and EPA in 2004, the market has quickly blossomed as Omega-3-enhanced foods and beverages have come out of their natural food niche and are transitioning quickly into the mainstream, a fact substantiated by their increased popularity in traditional supermarkets, where sales now account for 50% of the market.
"Omega-3-fortified foods are highly recognizable to today's health- conscious consumer, and the once 'fishy-flavored foods' are now behind us, thanks to exceptional advances in Omega-3 food ingredients," said Don Montuori, the publisher of Packaged Facts. "By all indications, the addition of Omega 3s is not only the current hottest fortified food trend, it will remain so for years to come."
Omega 3 Fatty Acids and the U.S. Food and Beverage Market provides the comprehensive look at the Omega-3-enhanced products available. The report examines new product trends, consumer trends, and behaviors surrounding the purchase of Omega-3-fortified products, and a comprehensive overview of ingredient suppliers and key manufacturers of Omega-3-fortified foods and beverages. The report can be purchased directly from Packaged Facts by visiting: http://www.packagedfacts.com/Omega-Fatty-Acids-1119490. It is also available at MarketResearch.com.
About Packaged Facts
Packaged Facts, a division of MarketResearch.com, publishes market intelligence on a wide range of consumer industries, including consumer goods and retailing, food and beverage, and demographics. For more information visit http://www.packagedfacts.com/, or contact Tom Ehart at 240-747-3014, or tehart@marketresearch.com.
Contact: Tom Ehart MarketResearch.com 240-747-3014 tehart@marketresearch.com
Packaged Facts
CONTACT: Tom Ehart of MarketResearch.com, +1-240-747-3014,tehart@marketresearch.com
Web site: http://www.marketresearch.com/http://www.packagedfacts.com/http://www.packagedfacts.com/Omega-Fatty-Acids-1119490
Source: PRNewswire
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