A MEGA Opportunity

Nuseed’s Omega-3 Canola provides new opportunities for canola growers by adding value to the crop and opening entirely new markets. BEGIN CONTRACT ASSESSMENT

Omega-3 fatty acids are considered necessary for optimum human health. We cannot make these critical nutrients, so they must be consumed in the foods we eat. It is estimated that 83 percent of people across the world are deficient in omega-3 according to the daily intake recommended by the World Health Organization. New nutritional research consistently shows the value of omega-3 in maintaining overall health and is one of the fastest growing categories in the dietary supplement industry as more consumers bridge the gap between how little omega-3 they consume and how much is needed.

The primary source of the omega-3 nutrients, wild fish, are currently under intense pressure to supply rapidly growing global demand. According to the Food and Agriculture Organization of the United Nations, aquaculture produces almost half of the fish consumed in the world. The industry is expected to increase since wild fish populations are declining, and human populations are growing. However, these farmed fish need high-quality feed, rich in omega-3 fatty acids including long-chain omega-3s such as docosahexaenoic acid (DHA) and eicosapentaenoic acid (EPA). Omega-3 is vital for fish health, and like humans, fish cannot produce these nutrients. They must come from diet. The omega-3 content of farmed fish originates in microalgae that smaller wild fish eat. For the aquaculture industry to grow and provide quality nutrition for human consumers, it needs new sources of omega-3 that are not dependent on diminishing ocean resources. More than ten years ago, Nuseed recognized the global omega-3 supply challenge and started exploring alternative sources for long-chain omega-3 fatty acids. The company collaborated with the Commonwealth Scientific and Industrial Research Organization (CSIRO) and the Grains Research and Development Corporation (GRDC) in Australia to develop Nuseed Omega-3 Canola with a unique profile that contains several omega-3 fatty acids, including DHA, EPA, and ALA.

According to Katrina Benedicto, Nuseed’s Marketing and Communications Director for Omega-3, this profile offers substantial benefits for animal and human nutrition, along with supply advantages that can fill an unmet need and reduce pressure on our oceans to supply this essential nutrient.

“Nuseed Omega-3 Canola provides aquafeed and human nutrition markets with a sustainable alternative to marine oils,” says Benedicto, adding that the growth potential of this market in coming years is huge. “Plant-based omega-3s are a high growth segment within the human nutrition industry and are expected to reach $1.3 billion in revenue by 2029.”

Nuseed Omega-3 Canola is processed into the company’s proprietary oil ingredients, Aquaterra® for aquafeed and Nutriterra® for human nutrition markets. Both products are rich in DHA, EPA, and ALA.

Interested in growing Nuseed Omega-3 Canola? Fill out this brief contract assessment to see if you’re a good fit for our program. BEGIN CONTRACT ASSESSMENT

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