Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Algae Omega 3 Market by Type (ALA Type, EPA Type, DHA Type), By Application (Capsule Products, Liquid Products, Powders Products) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Algae Omega 3 Market by Type (ALA Type, EPA Type, DHA Type), By Application (Capsule Products, Liquid Products, Powders Products) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 137860 3300 Chemical & Material 377 230 Pages 4.6 (42)

Market Overview:

The global algae omega 3 market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for algae omega 3 supplements due to their health benefits. Algae omega 3 is a type of fatty acid that is derived from marine algae. It is a source of EPA (eicosapentaenoic acid) and DHA (docosahexaenoic acid), which are two types of Omega-3 fatty acids. These fatty acids are beneficial for human health and are essential for normal functioning of the body. They play an important role in preventing chronic diseases such as heart disease, stroke, cancer, and arthritis. The global algae omega 3 market has been segmented on the basis of type into ALA type, EPA type, and DHA type. The ALA type segment dominates the global market owing to its high content of alpha-linolenic acid (ALA). This segment accounted for more than XX% share in 2017 and is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. On the basis of application, the global market has been divided into capsule products, liquid products, powders products, and others segments such as bars/snacks etc.).

Global Algae Omega 3 Industry Outlook

Product Definition:

Algae Omega-3 fatty acids are a type of polyunsaturated fatty acid that is derived from marine algae. They are a vital nutrient for human health and have been shown to have many health benefits, including reducing the risk of heart disease and cancer.

ALA Type:

ALA (Esterified Long Chain Fatty) is a type of omega-3 fatty acid found in certain fish and plant oils. ALA can be converted into DHA/EPA by the human body, but it has been observed that people with poor metabolic health tend to have low levels of EPA and DHA in their bodies.

EPA Type:

EPA Type is a group of chemicals that are naturally found in fish and some plants. EPA types are known to have health benefits such as reducing bad cholesterol, blood pressure, coronary heart diseases, asthma, and inflammation. EPA type also helps in weight loss by increasing the feeling of fullness or satiety which results in lowering the chances of obesity.

Application Insights:

Capsule products were the largest segment in 2017 and accounted for more than half of the global market share. Growing awareness regarding health benefits associated with algae omega 3 is expected to boost product demand in capsule form over the forecast period. Furthermore, increasing government regulations related to fish oil capsules are likely to propel industry growth over the coming years.

Liquid products are anticipated to witness a higher growth rate on account of growing consumer preference for liquid supplements as opposed to pill forms or capsules. Increasing use of liquid supplements due to ease in consumption is expected fuel industry expansion over the coming years.

Regional Analysis:

North America dominated the global market in terms of revenue with a share of over 35.0% in 2017. This is attributed to the presence of key companies such as NutraPharm, Inc.; BioProcess Algae, LLC; and Phytofarella GmbH & Co. KG that are engaged in R&D activities for developing advanced algal omega 3 products. Moreover, these companies are involved in expanding their production capacities by investing huge amounts on upgrading their plants and equipment to meet growing demand from end-use industries such as nutritional supplements and infant formula manufacturing sector across North America countries including U.S.

Growth Factors:

  • Increasing demand for omega-3 fatty acids for various applications such as dietary supplements, animal feed, and pharmaceuticals is expected to drive the growth of the algae omega-3 market.
  • Rising awareness about the health benefits of consuming algae omega-3 is another key factor that is anticipated to fuel market growth during the forecast period.
  • Growing demand for natural ingredients in food and beverage products is also projected to boost the algae omega-3 market in the near future.
  • The increasing use of algae omega-3 in nutraceuticals and functional foods is another major factor that will propel this market during the forecast period.

Scope Of The Report

Report Attributes

Report Details

Report Title

Algae Omega 3 Market Research Report

By Type

ALA Type, EPA Type, DHA Type

By Application

Capsule Products, Liquid Products, Powders Products

By Companies

NovoSana, ADM, Cellana, Nordic Naturals, AlgiSys, Solarvest BioEnergy, Novotech Nutraceuticals, DSM, Algae, Algaecytes, Photonz Corporation, Bestpharma

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Algae Omega 3 Market Report Segments:

The global Algae Omega 3 market is segmented on the basis of:


ALA Type, EPA Type, DHA Type

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Capsule Products, Liquid Products, Powders Products

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. NovoSana
  2. ADM
  3. Cellana
  4. Nordic Naturals
  5. AlgiSys
  6. Solarvest BioEnergy
  7. Novotech Nutraceuticals
  8. DSM
  9. Algae
  10. Algaecytes
  11. Photonz Corporation
  12. Bestpharma

Global Algae Omega 3 Market Overview

Highlights of The Algae Omega 3 Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. ALA Type
    2. EPA Type
    3. DHA Type
  1. By Application:

    1. Capsule Products
    2. Liquid Products
    3. Powders Products
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Algae Omega 3 Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Algae Omega 3 Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Algae Omega 3 is a dietary supplement that contains ALA, EPA and DHA. These fatty acids are important for overall health and can help to improve cognitive function, mood and skin health.

Some of the major players in the algae omega 3 market are NovoSana, ADM, Cellana, Nordic Naturals, AlgiSys, Solarvest BioEnergy, Novotech Nutraceuticals, DSM, Algae, Algaecytes, Photonz Corporation, Bestpharma.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Algae Omega 3 Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Algae Omega 3 Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Algae Omega 3 Market - Supply Chain
   4.5. Global Algae Omega 3 Market Forecast
      4.5.1. Algae Omega 3 Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Algae Omega 3 Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Algae Omega 3 Market Absolute $ Opportunity

5. Global Algae Omega 3 Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Algae Omega 3 Market Size and Volume Forecast by Type
      5.3.1. ALA Type
      5.3.2. EPA Type
      5.3.3. DHA Type
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Algae Omega 3 Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Algae Omega 3 Market Size and Volume Forecast by Application
      6.3.1. Capsule Products
      6.3.2. Liquid Products
      6.3.3. Powders Products
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Algae Omega 3 Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Algae Omega 3 Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Algae Omega 3 Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Algae Omega 3 Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Algae Omega 3 Demand Share Forecast, 2019-2029

9. North America Algae Omega 3 Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Algae Omega 3 Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Algae Omega 3 Market Size and Volume Forecast by Application
      9.4.1. Capsule Products
      9.4.2. Liquid Products
      9.4.3. Powders Products
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Algae Omega 3 Market Size and Volume Forecast by Type
      9.7.1. ALA Type
      9.7.2. EPA Type
      9.7.3. DHA Type
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Algae Omega 3 Demand Share Forecast, 2019-2029

10. Latin America Algae Omega 3 Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Algae Omega 3 Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Algae Omega 3 Market Size and Volume Forecast by Application
      10.4.1. Capsule Products
      10.4.2. Liquid Products
      10.4.3. Powders Products
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Algae Omega 3 Market Size and Volume Forecast by Type
      10.7.1. ALA Type
      10.7.2. EPA Type
      10.7.3. DHA Type
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Algae Omega 3 Demand Share Forecast, 2019-2029

11. Europe Algae Omega 3 Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Algae Omega 3 Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Algae Omega 3 Market Size and Volume Forecast by Application
      11.4.1. Capsule Products
      11.4.2. Liquid Products
      11.4.3. Powders Products
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Algae Omega 3 Market Size and Volume Forecast by Type
      11.7.1. ALA Type
      11.7.2. EPA Type
      11.7.3. DHA Type
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth otential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Algae Omega 3 Demand Share, 2019-2029

12. Asia Pacific Algae Omega 3 Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Algae Omega 3 Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Algae Omega 3 Market Size and Volume Forecast by Application
      12.4.1. Capsule Products
      12.4.2. Liquid Products
      12.4.3. Powders Products
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Algae Omega 3 Market Size and Volume Forecast by Type
      12.7.1. ALA Type
      12.7.2. EPA Type
      12.7.3. DHA Type
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Algae Omega 3 Demand Share, 2019-2029

13. Middle East & Africa Algae Omega 3 Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Algae Omega 3 Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Algae Omega 3 Market Size and Volume Forecast by Application
      13.4.1. Capsule Products
      13.4.2. Liquid Products
      13.4.3. Powders Products
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Algae Omega 3 Market Size and Volume Forecast by Type
      13.7.1. ALA Type
      13.7.2. EPA Type
      13.7.3. DHA Type
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Algae Omega 3 Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Algae Omega 3 Market: Market Share Analysis
   14.2. Algae Omega 3 Distributors and Customers
   14.3. Algae Omega 3 Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. NovoSana Overview Financials Developments Strategic Outlook
      14.4.2. ADM Overview Financials Developments Strategic Outlook
      14.4.3. Cellana Overview Financials Developments Strategic Outlook
      14.4.4. Nordic Naturals Overview Financials Developments Strategic Outlook
      14.4.5. AlgiSys Overview Financials Developments Strategic Outlook
      14.4.6. Solarvest BioEnergy Overview Financials Developments Strategic Outlook
      14.4.7. Novotech Nutraceuticals Overview Financials Developments Strategic Outlook
      14.4.8. DSM Overview Financials Developments Strategic Outlook
      14.4.9. Algae Overview Financials Developments Strategic Outlook
      14.4.10. Algaecytes Overview Financials Developments Strategic Outlook
      14.4.11. Photonz Corporation Overview Financials Developments Strategic Outlook
      14.4.12. Bestpharma Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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