04.01.07
Packaged Facts, New York, NY, has released “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 (CAGR) estimated at over 60% between 2002 and 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 market share as the popularity of enhanced yogurts, milks, ice creams and cheeses begin to take off.
For more information: Packaged Facts, 240-747-3014; E-mail: tehart@marketresearch.com; Website: www.packagedfacts.com/Omega-Fatty-Acids-1119490.
For more information: Packaged Facts, 240-747-3014; E-mail: tehart@marketresearch.com; Website: www.packagedfacts.com/Omega-Fatty-Acids-1119490.