Market Overview:
The global omega 3 nutritional supplements market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the health benefits of omega 3 fatty acids and rising demand for dietary supplements. The global omega 3 nutritional supplements market is segmented on the basis of type into fish oil type, krill oil type, mammalian oil type, algal oil type and other types. The fish oil segment is expected to dominate the global market in terms of revenue share during the forecast period owing to its high demand as a dietary supplement and its wide availability across regions. However, krill oil is projected to grow at a higher CAGR than any other segment during the forecast period due to its numerous health benefits over traditional fish oils such as improved heart health and cognitive function. On the basis of application, online sales are expected to account for a larger share of revenue in 2018 followed by offline sales channels such as pharmacies and supermarkets/hypermarkets.
Product Definition:
Omega-3 fatty acids are a type of polyunsaturated fat. The body cannot make omega-3s, so they must be obtained through food or supplements. Omega-3 fatty acids are important for heart health and normal brain function.
Fish Oil Type:
Fish oil type is a dietary supplement derived from the fish body. The omega 3 fatty acids present in it are considered to be an essential part of the human diet as they offer many health benefits. These supplements are widely used for treating heart diseases, depression, asthma and other chronic disorders along with some neurological problems such as Alzheimer’s disease and dementia among others.
Krill Oil Type:
Krill oil is a type of fish oil that is extracted from the oily blubber of the Southern Ocean Krill. The main difference between krill and fish oils is that krill do not contain any cholesterol and are thus considered to be a healthier alternative to other dietary supplements.
The benefits associated with this product include improved heart health, brain function, vision, joint mobility & flexibility along with reduced inflammation & oxidative stress in body tissues.
Application Insights:
The application segment includes online and offline sales. The online sales dominated the global omega 3 nutritional supplements market in 2017, accounting for over 60% of the overall revenue share. This is attributed to growing internet penetration and rising disposable income among consumers, especially in emerging economies such as China, India and Brazil. Moreover, companies are also expanding their distribution channels by establishing physical stores at the local level to cater to unmet needs of consumers who cannot afford expensive products but still want to consume them regularly.
Offline retailers also accounted for a significant share owing to increasing consumer awareness about health benefits associated with omega 3 fatty acids along with high retail availability of these supplements from supermarkets and hypermarkets across countries such as Germany, U.K., U.S., Canada etc.
Regional Analysis:
North America was the largest market for omega 3 nutritional supplements, accounting for a share of more than 30.0% in 2017. Growing awareness regarding health and fitness among the working class population of the U.S., coupled with an increasing number of bodybuilding enthusiasts, is expected to remain a favorable factor over the next eight years.
Asia Pacific is anticipated to be one of the fastest-growing markets at a CAGR exceeding 6% from 2018 to 2030 owing to rising disposable income levels and improving lifestyle in developing countries such as China and India along with other Southeast Asian nations over this period.
Growth Factors:
- Increasing awareness about the health benefits of omega-3 fatty acids is expected to drive the growth of the global omega-3 nutritional supplements market.
- Rising demand for natural and organic products is also anticipated to fuel the growth of this market in the near future.
- Growing geriatric population is another key factor that is expected to propel demand for omega-3 nutritional supplements in coming years.
- Increasing prevalence of lifestyle diseases such as obesity, diabetes, and heart disease is also projected to boost demand for these supplements over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Omega 3 Nutritional Supplements Market Research Report
By Type
Fish Oil Type, Krill Oil Type, Mammalian Oil Type, Algal Oil Type, Other
By Application
Online Sales, Offline Sales
By Companies
Nordic Naturals, Viva Naturals, BioSchwartz, Thera Tears, Garden of Life, Sports Research, Nature Made, Barlean's, Orphic Nutrition, WHC, Nordic Naturals, Omega XL, Manitoba Harvest, Nature's Branch, Nutrigold
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
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Omega 3 Nutritional Supplements Market Report Segments:
The global Omega 3 Nutritional Supplements market is segmented on the basis of:
Types
Fish Oil Type, Krill Oil Type, Mammalian Oil Type, Algal Oil Type, Other
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
Online Sales, Offline Sales
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:
- Nordic Naturals
- Viva Naturals
- BioSchwartz
- Thera Tears
- Garden of Life
- Sports Research
- Nature Made
- Barlean's
- Orphic Nutrition
- WHC
- Nordic Naturals
- Omega XL
- Manitoba Harvest
- Nature's Branch
- Nutrigold
Highlights of The Omega 3 Nutritional Supplements 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:
- Fish Oil Type
- Krill Oil Type
- Mammalian Oil Type
- Algal Oil Type
- Other
- By Application:
- Online Sales
- Offline Sales
- 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 Omega 3 Nutritional Supplements 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?
Omega 3 nutritional supplements are dietary supplements that provide essential fatty acids (EFAs) and other nutrients. Omega-3 EFAs are important for overall health because they help to maintain heart health, promote cognitive function, and reduce the risk of chronic diseases such as cancer.
Some of the key players operating in the omega 3 nutritional supplements market are Nordic Naturals, Viva Naturals, BioSchwartz, Thera Tears, Garden of Life, Sports Research, Nature Made, Barlean's, Orphic Nutrition, WHC, Nordic Naturals, Omega XL, Manitoba Harvest, Nature's Branch, Nutrigold.
The omega 3 nutritional supplements 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 Omega 3 Nutritional Supplements 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 Omega 3 Nutritional Supplements Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Omega 3 Nutritional Supplements 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 Omega 3 Nutritional Supplements 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 Omega 3 Nutritional Supplements Market Size & Forecast, 2018-2028
4.5.1 Omega 3 Nutritional Supplements Market Size and Y-o-Y Growth
4.5.2 Omega 3 Nutritional Supplements Market Absolute $ Opportunity
Chapter 5 Global Omega 3 Nutritional Supplements 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 Omega 3 Nutritional Supplements Market Size Forecast by Type
5.2.1 Fish Oil Type
5.2.2 Krill Oil Type
5.2.3 Mammalian Oil Type
5.2.4 Algal Oil Type
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Omega 3 Nutritional Supplements 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 Omega 3 Nutritional Supplements Market Size Forecast by Applications
6.2.1 Online Sales
6.2.2 Offline Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Omega 3 Nutritional Supplements 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 Omega 3 Nutritional Supplements 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 Omega 3 Nutritional Supplements Analysis and Forecast
9.1 Introduction
9.2 North America Omega 3 Nutritional Supplements 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 Omega 3 Nutritional Supplements Market Size Forecast by Type
9.6.1 Fish Oil Type
9.6.2 Krill Oil Type
9.6.3 Mammalian Oil Type
9.6.4 Algal Oil Type
9.6.5 Other
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 Omega 3 Nutritional Supplements Market Size Forecast by Applications
9.10.1 Online Sales
9.10.2 Offline Sales
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 Omega 3 Nutritional Supplements Analysis and Forecast
10.1 Introduction
10.2 Europe Omega 3 Nutritional Supplements 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 Omega 3 Nutritional Supplements Market Size Forecast by Type
10.6.1 Fish Oil Type
10.6.2 Krill Oil Type
10.6.3 Mammalian Oil Type
10.6.4 Algal Oil Type
10.6.5 Other
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 Omega 3 Nutritional Supplements Market Size Forecast by Applications
10.10.1 Online Sales
10.10.2 Offline Sales
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 Omega 3 Nutritional Supplements Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Omega 3 Nutritional Supplements 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 Omega 3 Nutritional Supplements Market Size Forecast by Type
11.6.1 Fish Oil Type
11.6.2 Krill Oil Type
11.6.3 Mammalian Oil Type
11.6.4 Algal Oil Type
11.6.5 Other
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 Omega 3 Nutritional Supplements Market Size Forecast by Applications
11.10.1 Online Sales
11.10.2 Offline Sales
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 Omega 3 Nutritional Supplements Analysis and Forecast
12.1 Introduction
12.2 Latin America Omega 3 Nutritional Supplements 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 Omega 3 Nutritional Supplements Market Size Forecast by Type
12.6.1 Fish Oil Type
12.6.2 Krill Oil Type
12.6.3 Mammalian Oil Type
12.6.4 Algal Oil Type
12.6.5 Other
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 Omega 3 Nutritional Supplements Market Size Forecast by Applications
12.10.1 Online Sales
12.10.2 Offline Sales
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) Omega 3 Nutritional Supplements Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Omega 3 Nutritional Supplements 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) Omega 3 Nutritional Supplements Market Size Forecast by Type
13.6.1 Fish Oil Type
13.6.2 Krill Oil Type
13.6.3 Mammalian Oil Type
13.6.4 Algal Oil Type
13.6.5 Other
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) Omega 3 Nutritional Supplements Market Size Forecast by Applications
13.10.1 Online Sales
13.10.2 Offline Sales
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 Omega 3 Nutritional Supplements Market: Competitive Dashboard
14.2 Global Omega 3 Nutritional Supplements Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nordic Naturals
14.3.2 Viva Naturals
14.3.3 BioSchwartz
14.3.4 Thera Tears
14.3.5 Garden of Life
14.3.6 Sports Research
14.3.7 Nature Made
14.3.8 Barlean's
14.3.9 Orphic Nutrition
14.3.10 WHC
14.3.11 Nordic Naturals
14.3.12 Omega XL
14.3.13 Manitoba Harvest
14.3.14 Nature's Branch
14.3.15 Nutrigold
