1) APAC is where the market is growing
Asia will fuel the growth of the omega-3 sector in the coming years, with the latest figures for EPA and DHA finished products showing growth of 11.4% across the region.
This is in stark contrast to the biggest market — North America — which grew by just 0.2%.
However, there is also immense potential for further growth.
At present, per capita spending on omega-3 supplements in Asia stands at just US$0.49. In China that number is $0.26.
At the other end of the scale, per capita spending is $12.53 in Australia, $5.57 in Canada and $3.70 in the US, so Asia still offers considerable business opportunities.
Even at the ingredient end of the chain, which has grown at around 1-2% over the past four or five years, Asia alone accounted for two-thirds of the increase according to the figures for 2016.
Our event will feature latest research, innovation and new delivery systems that can help propel this growth.
2) To help shine the spotlight on the need for increased omega-3 intake
Despite the multiple benefits of omega-3, we know that more than 80% of the world’s population is failing to meet even the lowest recommended intakes of DHA and EPA.
Professor Jack Winkler from London Metropolitan University highlighted this in a recent paper where he looked at the 165 targets across the globe for EPA and DHA intake.
Even among the lowest targets set by mainstream organisations, of around 250mg a day, less than 20% of the global population is achieving that figure.
We hope that by bringing together industry, academics and regulators, we can help drive discussions and debates that will fuel the innovation, education and regulations to help close that gap.
3) Hear exclusive market insights from industry leaders
Some of the region’s and indeed the globe’s, biggest brands and suppliers will be sharing their omega-3 expertise across the three-day event.
We’ll hear what Asia can learn from Australia from one of the country’s leading industry execs, Peter Barraket. Having previously held senior roles at Vitaco, Blackmores and Mr Vitamins, he is now the Australia MD and practitioner-only firm Designs for Health Australia
Meanwhile Jennifer Wong, COO at leading Asia brand and retailer Nature’s Farm, will be sharing her insights from the region, while industry-leader Blackmores will be represented by Dr Lesley Braun, the executive director of its research arm, the Blackmores Institute.
We will also hear from leading suppliers, and event sponsors, DSM, Gencor/ Pharmako Biotechnologies, and BASF, along with Ellen Schutt and Gerard Bannenberg from our event partners at trade body GOED.
See who is speaking here.
4) Discover brand new omega-3 research findings
In addition to market trends and analysis, the event will feature a series of presentations from leading academics.
Dr Yutaka Matsuoka from the National Cancer Centre in Japan will reveal world-first findings around omega-3 intake and depression; Dr Surinder Singh from CSIRO in Australia will discuss the organisation’s pioneering work with canola oil; and Dr Mary Fong from the Singapore Institute for Clinical Sciences will debate the latest maternal and infant health findings.
Other topics on the agenda include delivery systems, omega-3 index testing and algae sources of omega-3.
See the full agenda here.
5) Enjoy extensive networking and social opportunities
The event will kick-off with an opening cocktail reception on February 20, where guests can meet fellow delegates, speakers and sponsors.
During the first full day of conference on February 21, there will be a speed networking session, roundtable lunch sessions featuring lively debates, and a gala networking reception in the evening.
Day three, on February 22, will also feature a networking lunch session after the second day of conference.
Find out how to register here.
Full details can be found at the event website: www.nutraingredients-omega3summit.com