GOED Exchange 2014 as it happened

GOED Exchange 2014 as it happened

The GOED Exchange 2014 brought together industry heavyweights, leading academics, and GOED members for presentations and discussions of the latest research in this multi-billion dollar segment.

Key lessons included statements from Adam Ismail, GOED’s executive director, that only 17 countries in the world have a mean intake of EPA + DHA that meet the EU’s low omega-3 recommendations (250 mg/day), and even fewer (five) have mean EPA+DHA intakes of 500 mg per day – that’s only 170 million people in the world.  

The omega-3 market has experienced impressive growth over the last ten years, and estimates from GOED put the 2013 market at almost 90,000 metric tons. Dietary supplements account for 79% of the volume, with pet food coming in second (9.5%).

In terms of dollar values, Dr Aldo Bernasconi, director of information and research for GOED, said that it is currently valued at around US$ 1.81 billion globally. North America is the largest market, worth US$ 698 million.

Much more was said during this first half day, and numerous attendees were sharing the highlights and their insights via twitter. NutraIngredients-USA monitors and filters this stream of information for you.

Scroll down through the tweets below for insights and opinions from the conference.

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