Market Overview:
The global omega 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 demand for dietary supplements, functional food and beverages, and pharmaceuticals. Additionally, the growing awareness about the health benefits of omega fatty acids is also contributing to the growth of this market. The fish oil type segment is expected to dominate the global omega fatty acids market during the forecast period owing to its high nutritional value and health benefits. The linseed oil type segment is projected to grow at a higher CAGR than other segments during the forecast period due its various health benefits such as reducing inflammation and improving heart health. Functional food & beverageis another key application segment foromega fattyacidsmarketdue tobeneficial effects on humanhealthsuch as weight management, improved cognitive functionand reduced riskof chronic diseases .
Product Definition:
The term "omega fatty acids" refers to a specific type of polyunsaturated fat. These fats are considered essential because the body cannot produce them on its own and must get them from food. Omega-3 fatty acids, in particular, are important for heart health and cognitive function. They can be found in seafood, nuts, seeds, and oils such as olive oil and canola oil.
Fish Oil Type:
Fish oil type is a liquid extracted from the fish body and it contains various vitamins, proteins, omega-3 fatty acids and other essential nutrients. Fish oil can be categorized into two types: first, second generation or third generation. First generation fish oil was widely used in food products such as salad dressings; however due to increasing health concerns regarding high levels of mercury contamination in this product have now been replaced by the second or third generations which are much safer for human consumption.
Linseed Oil Type:
Linseed oil is a type of edible oil obtained from the seeds of flax plant. Flaxseed oil contains high amount of omega fatty acids, which are essential for human health. Linseed oil also helps in reducing blood pressure and cholesterol levels in humans, thus improving their overall health.
Flax seed is available in two forms: whole seeds and ground or meal (Linoleic acid) form.
Application Insights:
Dietary supplements emerged as the leading application segment and accounted for over 50% of total market volume in 2017. Omega 3 & 6 fatty acids are majorly used in manufacturing of dietary supplements owing to their ability to reduce cholesterol levels and promote heart health. Growing awareness regarding fitness and weight loss is likely to boost the product demand in dietary supplement applications.
Functional food & beverage emerged as a promising application segment, with significant growth potential, owing to rising consumer acceptance for functional foods that provide sustained energy throughout the day along with other health benefits. Omega 6 & 3 fatty acids have shown capability to reduce inflammation which is a key factor contributing towards improved well-being of consumers worldwide.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to maintain its position during the forecast years. The region accounts for nearly 60% of global fish consumption, which is projected to drive product demand. China, India, Japan and South Korea are some of the major consumers in this region owing to high per capita income and changing lifestyles.
North America accounted for over 10% of global revenue share in 2017 on account of growing consumer awareness regarding health benefits associated with omega 3 fatty acid supplements coupled with rising usage as an infant formula ingredient across U.S., Canada and Mexico due to easy availability at a low cost compared to other countries globally.
Growth Factors:
- Increasing awareness about the benefits of omega fatty acids for overall health and well-being is driving the market growth.
- Growing demand for functional foods and dietary supplements that contain omega fatty acids is another major factor propelling the market growth.
- Rising incidence of chronic diseases such as heart disease, stroke, cancer, and diabetes is fueling the demand for omega fatty acids as a preventive measure.
- Increasing research on the therapeutic potential of omega fatty acids is providing a boost to the market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Omega Fatty Acids Market Research Report
By Type
Fish Oil Type, Linseed Oil Type, Algae Oil Type, Other Type
By Application
Dietary Supplements, Functional F&B, Pharmaceuticals, Infant Formula, Others
By Companies
DSM, BASF, EPAX, Golden Omega, Omega Protein, Croda, KD Nutra, GC Rieber, Polaris, Auqi, Kinomega, Skuny Bioscience, Anti-Cancer, Sinomega
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Omega Fatty Acids Market Report Segments:
The global Omega Fatty Acids market is segmented on the basis of:
Types
Fish Oil Type, Linseed Oil Type, Algae Oil Type, Other 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.
Applications
Dietary Supplements, Functional F&B, Pharmaceuticals, Infant Formula, Others
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:
- DSM
- BASF
- EPAX
- Golden Omega
- Omega Protein
- Croda
- KD Nutra
- GC Rieber
- Polaris
- Auqi
- Kinomega
- Skuny Bioscience
- Anti-Cancer
- Sinomega
Highlights of The Omega 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:
- Fish Oil Type
- Linseed Oil Type
- Algae Oil Type
- Other Type
- By Application:
- Dietary Supplements
- Functional F&B
- Pharmaceuticals
- Infant Formula
- Others
- 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 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?
Omega fatty acids are polyunsaturated fats that come from vegetable oils and nuts. They are essential for human health because they help to maintain a healthy skin, hair, and nails. Omega fatty acids can also help to reduce the risk of heart disease, stroke, and some types of cancer.
Some of the key players operating in the omega fatty acids market are DSM, BASF, EPAX, Golden Omega, Omega Protein, Croda, KD Nutra, GC Rieber, Polaris, Auqi, Kinomega, Skuny Bioscience, Anti-Cancer, Sinomega.
The omega fatty acids market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Omega 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 Omega Fatty Acids Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Omega 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 Omega 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 Omega Fatty Acids Market Size & Forecast, 2018-2028
4.5.1 Omega Fatty Acids Market Size and Y-o-Y Growth
4.5.2 Omega Fatty Acids Market Absolute $ Opportunity
Chapter 5 Global Omega Fatty Acids 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 Fatty Acids Market Size Forecast by Type
5.2.1 Fish Oil Type
5.2.2 Linseed Oil Type
5.2.3 Algae Oil Type
5.2.4 Other Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Omega Fatty Acids 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 Fatty Acids Market Size Forecast by Applications
6.2.1 Dietary Supplements
6.2.2 Functional F&B
6.2.3 Pharmaceuticals
6.2.4 Infant Formula
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Omega 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 Omega 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 Omega Fatty Acids Analysis and Forecast
9.1 Introduction
9.2 North America Omega Fatty Acids 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 Fatty Acids Market Size Forecast by Type
9.6.1 Fish Oil Type
9.6.2 Linseed Oil Type
9.6.3 Algae Oil Type
9.6.4 Other Type
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 Fatty Acids Market Size Forecast by Applications
9.10.1 Dietary Supplements
9.10.2 Functional F&B
9.10.3 Pharmaceuticals
9.10.4 Infant Formula
9.10.5 Others
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 Fatty Acids Analysis and Forecast
10.1 Introduction
10.2 Europe Omega Fatty Acids 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 Fatty Acids Market Size Forecast by Type
10.6.1 Fish Oil Type
10.6.2 Linseed Oil Type
10.6.3 Algae Oil Type
10.6.4 Other Type
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 Fatty Acids Market Size Forecast by Applications
10.10.1 Dietary Supplements
10.10.2 Functional F&B
10.10.3 Pharmaceuticals
10.10.4 Infant Formula
10.10.5 Others
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 Fatty Acids Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Omega Fatty Acids 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 Fatty Acids Market Size Forecast by Type
11.6.1 Fish Oil Type
11.6.2 Linseed Oil Type
11.6.3 Algae Oil Type
11.6.4 Other Type
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 Fatty Acids Market Size Forecast by Applications
11.10.1 Dietary Supplements
11.10.2 Functional F&B
11.10.3 Pharmaceuticals
11.10.4 Infant Formula
11.10.5 Others
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 Fatty Acids Analysis and Forecast
12.1 Introduction
12.2 Latin America Omega Fatty Acids 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 Fatty Acids Market Size Forecast by Type
12.6.1 Fish Oil Type
12.6.2 Linseed Oil Type
12.6.3 Algae Oil Type
12.6.4 Other Type
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 Fatty Acids Market Size Forecast by Applications
12.10.1 Dietary Supplements
12.10.2 Functional F&B
12.10.3 Pharmaceuticals
12.10.4 Infant Formula
12.10.5 Others
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 Fatty Acids Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Omega Fatty Acids 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 Fatty Acids Market Size Forecast by Type
13.6.1 Fish Oil Type
13.6.2 Linseed Oil Type
13.6.3 Algae Oil Type
13.6.4 Other Type
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 Fatty Acids Market Size Forecast by Applications
13.10.1 Dietary Supplements
13.10.2 Functional F&B
13.10.3 Pharmaceuticals
13.10.4 Infant Formula
13.10.5 Others
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 Fatty Acids Market: Competitive Dashboard
14.2 Global Omega Fatty Acids Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DSM
14.3.2 BASF
14.3.3 EPAX
14.3.4 Golden Omega
14.3.5 Omega Protein
14.3.6 Croda
14.3.7 KD Nutra
14.3.8 GC Rieber
14.3.9 Polaris
14.3.10 Auqi
14.3.11 Kinomega
14.3.12 Skuny Bioscience
14.3.13 Anti-Cancer
14.3.14 Sinomega
