Market Overview:
The global ω-3 fatty acids market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing awareness about the health benefits of ω-3 fatty acids and rising demand for functional foods and dietary supplements. In terms of type, the alpha-linolenic acid (ALA) segment is projected to lead the global ω-3 fatty acids market during the forecast period. This can be attributed to its high nutritional value and various health benefits, such as reducing inflammation, improving heart health, and preventing chronic diseases. In terms of application, food segment is projected to lead the global ω-3 fatty acids market during 2018–2030 owing to its growing demand for healthy foods across all regions. Some key players operating in this market are BASF SE (Germany), Croda International Plc (U.K.), Royal DSM Nv (Netherlands), Groupe Danone SA (France), FrieslandCampina NV(Netherlands), Archer Daniels Midland Company(U.S.), Koninklijke DSM Nv.
Product Definition:
ω-3 fatty acids are a type of polyunsaturated fatty acid that are derived from plants and seafood. They are important for human health because they play a role in cell signaling, gene expression, and inflammation.
Alpha-Linolenic Acid (ALA):
Alpha-linolenic acid (ALA) is a type of omega-3 fatty acid. It can be obtained from several plant and animal sources, such as walnuts, flaxseeds, chia seeds, pumpkin seeds and soybean oil. ALA is considered to be an essential fatty acid since the human body cannot make it and must be consumed through food or supplements.
Eicosapentaenoic Acid (EPA):
Eicosapentaenoic acid, or EPA, is a omega-3 fatty acid. It helps in reducing the risk of heart disease and cancer. EPA also helps in maintaining brain health and improving learning ability as well as memory function.
Application Insights:
Health care products were the largest application segment in 2017 and accounted for a market share of over 50% in terms of revenue. Rising awareness regarding chronic diseases, such as cardiovascular diseases, cancer, diabetes mellitus, and obesity is expected to drive demand for ¢â‚¬Ëœhealthy¢â‚¬â„¢ products including dietary supplements.
Dietary supplements are widely used across the globe to maintain heart health and reduce the risk of developing several chronic conditions. The growing preference for natural solutions due to increasing concerns about side effects caused by conventional pharmaceutical drugs is expected to promote the use of naturally derived omega 3 fatty acids from plant sources such as ALA and EPA/DHA over others from animal sources such as fish oil capsules.
Regional Analysis:
Europe was the largest market for ω-3 fatty acids accounting for a share of more than 35.0% in 2017 owing to high consumption of fish and fish oil products. In addition, growing awareness regarding health benefits associated with omega 3 supplements is expected to drive the regional market over the forecast period.
Increasing demand for dietary supplements along with rising awareness about their health benefits in countries such as China, Japan.
Growth Factors:
- Increasing awareness about the health benefits of ω-3 fatty acids is expected to drive the market growth.
- Rising demand for functional foods and dietary supplements containing ω-3 fatty acids is anticipated to boost the market growth.
- Growing research and development activities for new applications of ω-3 fatty acids is projected to propel the market growth over the forecast period.
- Increasing use of ω-3 fatty acids in animal feed is likely to create new opportunities for this market in near future.
- rising demand from emerging economies such as China and India is expected to contribute significantly towards the global omega 3 fatty acid market growth during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
ω-3 Fatty Acids Market Research Report
By Type
Alpha-Linolenic Acid (ALA), Eicosapentaenoic Acid (EPA), Docosahexaenoic Acid (DHA)
By Application
Food, Health Care Products, Other
By Companies
BASF, DSM, Croda Health Care, Omega Protein, Orkla Health, Epax, GC Rieber Oils, LYSI, Maruha Nichiro Foods Inc., Polaris, BASF, Aker BioMarine, OLVEA Fish Oils, BioProcess Algae, Sinomega Biotech Engineering, Skuny, Huatai Biopharm, Xinzhou Marine Biological Products, Renpu Pharmaceuticals, KinOmega Biopharm
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global ω-3 Fatty Acids Market Report Segments:
The global ω-3 Fatty Acids market is segmented on the basis of:
Types
Alpha-Linolenic Acid (ALA), Eicosapentaenoic Acid (EPA), Docosahexaenoic Acid (DHA)
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.
Applications
Food, Health Care Products, Other
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:
- BASF
- DSM
- Croda Health Care
- Omega Protein
- Orkla Health
- Epax
- GC Rieber Oils
- LYSI
- Maruha Nichiro Foods Inc.
- Polaris
- BASF
- Aker BioMarine
- OLVEA Fish Oils
- BioProcess Algae
- Sinomega Biotech Engineering
- Skuny
- Huatai Biopharm
- Xinzhou Marine Biological Products
- Renpu Pharmaceuticals
- KinOmega Biopharm
Highlights of The ω-3 Fatty Acids Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Alpha-Linolenic Acid (ALA)
- Eicosapentaenoic Acid (EPA)
- Docosahexaenoic Acid (DHA)
- By Application:
- Food
- Health Care Products
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the ω-3 Fatty Acids 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
ω-3 fatty acids are a type of polyunsaturated fatty acid. They are found in plant oils and can be converted into prostaglandins, which have many health benefits.
Some of the major companies in the ï‰-3 fatty acids market are BASF, DSM, Croda Health Care, Omega Protein, Orkla Health, Epax, GC Rieber Oils, LYSI, Maruha Nichiro Foods Inc., Polaris, BASF, Aker BioMarine, OLVEA Fish Oils, BioProcess Algae, Sinomega Biotech Engineering, Skuny, Huatai Biopharm, Xinzhou Marine Biological Products, Renpu Pharmaceuticals, KinOmega Biopharm.
The €°-3 fatty acids market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 ω-3 Fatty Acids Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 ω-3 Fatty Acids Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 ω-3 Fatty Acids Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the ω-3 Fatty Acids Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global ω-3 Fatty Acids Market Size & Forecast, 2020-2028
4.5.1 ω-3 Fatty Acids Market Size and Y-o-Y Growth
4.5.2 ω-3 Fatty Acids Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Alpha-Linolenic Acid (ALA)
5.2.2 Eicosapentaenoic Acid (EPA)
5.2.3 Docosahexaenoic Acid (DHA)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food
6.2.2 Health Care Products
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global ω-3 Fatty Acids Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 ω-3 Fatty Acids Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Alpha-Linolenic Acid (ALA)
9.6.2 Eicosapentaenoic Acid (EPA)
9.6.3 Docosahexaenoic Acid (DHA)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food
9.10.2 Health Care Products
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Alpha-Linolenic Acid (ALA)
10.6.2 Eicosapentaenoic Acid (EPA)
10.6.3 Docosahexaenoic Acid (DHA)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food
10.10.2 Health Care Products
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Alpha-Linolenic Acid (ALA)
11.6.2 Eicosapentaenoic Acid (EPA)
11.6.3 Docosahexaenoic Acid (DHA)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food
11.10.2 Health Care Products
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Alpha-Linolenic Acid (ALA)
12.6.2 Eicosapentaenoic Acid (EPA)
12.6.3 Docosahexaenoic Acid (DHA)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food
12.10.2 Health Care Products
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Alpha-Linolenic Acid (ALA)
13.6.2 Eicosapentaenoic Acid (EPA)
13.6.3 Docosahexaenoic Acid (DHA)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Health Care Products
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 ω-3 Fatty Acids Market: Competitive Dashboard
14.2 Global ω-3 Fatty Acids Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 DSM
14.3.3 Croda Health Care
14.3.4 Omega Protein
14.3.5 Orkla Health
14.3.6 Epax
14.3.7 GC Rieber Oils
14.3.8 LYSI
14.3.9 Maruha Nichiro Foods Inc.
14.3.10 Polaris
14.3.11 BASF
14.3.12 Aker BioMarine
14.3.13 OLVEA Fish Oils
14.3.14 BioProcess Algae
14.3.15 Sinomega Biotech Engineering
14.3.16 Skuny
14.3.17 Huatai Biopharm
14.3.18 Xinzhou Marine Biological Products
14.3.19 Renpu Pharmaceuticals
14.3.20 KinOmega Biopharm
