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Omega-3 canola oil demand on the rise


USA
April 12, 2023

A great opportunity for Canola Farmers, Omega-3 Canola oil demand to double by 2050!!

  • Consumers are searching for healthy sources of Omega-3 oil.
  • Canola growers in the US can maximize their farm’s profit potential while meeting demand in a growing market.

Omega-3 is an essential nutrient in short supply with many of the world’s fisheries, which are the current largest source of DHA and EPA, harvesting at capacity while demand for omega-3 keeps growing.

Fish oil is rich in omega-3 fatty acids. Studies show they have an overall positive impact on brain, eye and heart health, as well as aiding in inflammation management. These fatty acids are also essential as a feed additive to farmed salmon to support animal health and welfare, as well as conferring omega-3 nutrition in the filet.

More than a decade ago, Nuseed recognized the global omega-3 supply challenge and developed Omega-3 Canola with a unique profile that contains several omega-3 fatty acids. It is this canola that’s used to create the world’s first non-marine source of long-chain omega-3 fatty acids and a proven partial replacement for fish oil in feed applications.

 

 

USA OMEGA3 Pable Berner
Pablo Berner | Aquaculture Business Lead For Nuseed Nutritional

 

According to Pablo Berner, Aquaculture Business Lead for Nuseed Nutritional, only salmon farming can supply the approximately 3 million tonnes of the fish needed in different markets worldwide. However, almost 75% of global fish oil was used by the aquaculture market in 2021. Compare that to less than 16% used by the pharmaceutical industry and under 10% used for other sources like cooking oil and pet food. “We expect the need for omega-3 oils to double by 2050. Knowing the world needs a new source of omega-3 fatty acid, we anticipate a bright future for the Nuseed Omega-3 Canola crop,” Berner says.

Nuseed Omega-3 Canola, with U.S. federal approval, is grown and processed into highly sought-after omega-3 oils and is the only land-based source of DHA essential nutrients. Omega-3 Canola is a sustainable plant-based solution that appeals to consumers and growers. One to two acres of omega-3 canola can produce as much DHA as 10,000 two-pound fish. Nuseed Omega-3 oil is processed into two products using the proprietary oil ingredients, Aquaterra® for aquafeed and Nutriterra® for human nutrition support.

Higher omega-3 consumption supports human health in several ways and clinical trials have shown that Nutriterra is safe and effective as a source of these essential fatty acids. Consumers have been looking for plant-based alternatives for many products, and now omega-3 supplements can be added to the list. This is a win for growers, processors, and consumers alike as it takes the pressure off traditional ocean-based sources, is sustainable, and there is room for growth within the sector.

As consumers become more aware of the need to be sustainable, and health conscious and have trust in the sources of their food and supplements, they will be more invested in supporting the industry in both innovation and production. “Not only does Nuseed Omega-3 Canola reduce pressure on the ocean to provide essential nutrition, it expands access to new consumers. Our research indicates that 64% of U.S. consumers prefer a plant-based omega-3 when provided an alternative to fish,” says Boettner. “People with plant-based diets, seafood allergies, concerns for ocean health, or a distaste for fish oil supplements now have an option that meets their nutritional needs without compromise.”

The golden future of Omega-3 canola is bright indeed. Nuseed Omega-3 Canola has the potential to double the supply of DHA and EPA to the world, while canola growers can increase their Farm’s Profit Potential by seeding Omega-3 Canola.

 

 

Omega3 QR Code

With an attractive contract offering, here are some of the key contract points Nuseed offers Omega-3 Canola growers:

Futures-based contracts with flexible pricing options • Basis premiums to reward stewardship • Local Nuseed agronomic and stewardship support • Harvest flexibility for swathing or straight combining • Incentives for on-farm storage if required • On-farm pickup for grain • Independent lab grading with samples taken during harvest, and at delivery • Grower payment is within 30 days of pick up or delivery based on contract terms • Local support for coordinating the delivery of planting seed, collecting samples and elevator delivery logistics • Act of God contract clause (Force Majeure) Canola growers interested in growing an ocean of nutrition can learn more here: Omega3Canola.com

 



More news from: Nuseed Americas Inc.


Website: http://www.nuseed.com/

Published: April 20, 2023

 
 

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