Market Overview:
The global marine animals source omega-3 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 demand for omega-3 supplements, fortified food and beverages, infant formula, pharmaceuticals, pet foods and other applications. The powder segment is expected to dominate the global marine animals source omega-3 market in terms of revenue during the forecast period. North America is expected to lead the global marine animals source omega-3 market in terms of revenue during the forecast period.
Product Definition:
A marine animal is an organism that lives in salt water. Marine animals source omega-3 is a type of fatty acid found in fish oil and other seafood that is beneficial for human health. It has been shown to improve heart health, cognitive function, and joint health, among other things.
Powder:
Powder is a form of dry food that helps in maintaining the health of marine animals. It contains essential fatty acids, vitamins and minerals which help to improve their overall health. The product also helps to reduce the mortality rate among young fish as well as aids in reproducing them successfully.
Oil:
Omega-3 is a type of fatty acid that is required by the human body but can also be found in marine animals such as fish and krill. It helps to reduce blood pressure, control inflammation, and prevent heart disease. The main reason omega-3 has become so popular recently is because of its ability to reduce the risk of heart attack or stroke among people suffering from cardiovascular diseases.
Application Insights:
Dietary supplements emerged as the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Marine animals source omega-3 is widely used in dietary supplements owing to its ability to reduce cholesterol levels, prevent heart diseases, promote brain development in infants and children, enhance immunity against bacterial and viral infections, control diabetes mellitus type 2 among others. The growing importance of marine animals source omega-3 for maintaining a healthy lifestyle will drive demand over the forecast period.
Infant formula emerged as one of the fastest growing application segments due to increasing awareness about appropriate nutrition for infant growth especially during early stages of development.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a considerable growth rate of 5.6% over the forecast period, owing to rising consumer awareness regarding health and well-being, coupled with an increasing preference for dietary supplements among adults in U.S., Canada, and Mexico. Furthermore, growing consumption of seafood as a source of omega-3 fatty acids is anticipated to drive product demand in this region over the forecast period.
Asia Pacific accounted for 23% share of overall revenue in 2017 owing to high prevalence of undernourishment among its population due to low crop production and heavy reliance on imports from developed economies such as Australia and New Zealand for food security purposes (FAO 2013). Rising disposable income levels are expected favorably impact omega-3 market growth over the projected period; however macroeconomic factors such as GDP growth rates, exchange rates fluctuations etc., may also affect regional product demand during 2018 - 2030 time frame (IMF 2016).
Growth Factors:
- Increasing awareness about the health benefits of Omega-3 fatty acids is driving the demand for Marine Animals Source Omega-3 supplements.
- The growing popularity of healthy and nutritious diets has led to an increase in the demand for Marine Animals Source Omega-3 supplements.
- The increasing incidence of chronic diseases is fueling the demand for Marine Animals Source Omega-3 supplements as they are known to offer various health benefits.
- Rising consumer expenditure on dietary supplements is propelling the growth of the global Marine Animals Source Omega-3 market .
- Growing research and development activities aimed at exploring new applications of omega- 3 fatty acids are providing a boost to the growth of this market
Scope Of The Report
Report Attributes
Report Details
Report Title
Marine Animals Source Omega-3 Market Research Report
By Type
Powder, Oil
By Application
Dietary Supplements, Fortified Food and Beverage, Infant Formula, Pharmaceuticals, Pet Foods, Others
By Companies
DSM, BASF, Pelagia (EPAX), Golden Omega, TASA, Omega Protein, Croda, GC Rieber Oils, Polaris
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Marine Animals Source Omega-3 Market Report Segments:
The global Marine Animals Source Omega-3 market is segmented on the basis of:
Types
Powder, Oil
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, Fortified Food and Beverage, Infant Formula, Pharmaceuticals, Pet Foods, 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
- Pelagia (EPAX)
- Golden Omega
- TASA
- Omega Protein
- Croda
- GC Rieber Oils
- Polaris
Highlights of The Marine Animals Source Omega-3 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:
- Powder
- Oil
- By Application:
- Dietary Supplements
- Fortified Food and Beverage
- Infant Formula
- Pharmaceuticals
- Pet Foods
- 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 Marine Animals Source 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
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?
Marine Animals Source Omega-3 is a supplement that contains omega-3 fatty acids. These fatty acids are important for the health of marine animals and can help to improve their immune system, heart health, and cognitive function.
Some of the major players in the marine animals source omega-3 market are DSM, BASF, Pelagia (EPAX), Golden Omega, TASA, Omega Protein, Croda, GC Rieber Oils, Polaris.
The marine animals source omega-3 market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Marine Animals Source 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. Marine Animals Source 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. Marine Animals Source Omega-3 Market - Supply Chain
4.5. Global Marine Animals Source Omega-3 Market Forecast
4.5.1. Marine Animals Source Omega-3 Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Marine Animals Source Omega-3 Market Size (000 Units) and Y-o-Y Growth
4.5.3. Marine Animals Source Omega-3 Market Absolute $ Opportunity
5. Global Marine Animals Source 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. Marine Animals Source Omega-3 Market Size and Volume Forecast by Type
5.3.1. Powder
5.3.2. Oil
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Marine Animals Source 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. Marine Animals Source Omega-3 Market Size and Volume Forecast by Application
6.3.1. Dietary Supplements
6.3.2. Fortified Food and Beverage
6.3.3. Infant Formula
6.3.4. Pharmaceuticals
6.3.5. Pet Foods
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Marine Animals Source 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. Marine Animals Source 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 Marine Animals Source 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. Marine Animals Source 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 Marine Animals Source Omega-3 Demand Share Forecast, 2019-2026
9. North America Marine Animals Source 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 Marine Animals Source 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 Marine Animals Source Omega-3 Market Size and Volume Forecast by Application
9.4.1. Dietary Supplements
9.4.2. Fortified Food and Beverage
9.4.3. Infant Formula
9.4.4. Pharmaceuticals
9.4.5. Pet Foods
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Marine Animals Source Omega-3 Market Size and Volume Forecast by Type
9.7.1. Powder
9.7.2. Oil
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 Marine Animals Source Omega-3 Demand Share Forecast, 2019-2026
10. Latin America Marine Animals Source 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 Marine Animals Source 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 Marine Animals Source Omega-3 Market Size and Volume Forecast by Application
10.4.1. Dietary Supplements
10.4.2. Fortified Food and Beverage
10.4.3. Infant Formula
10.4.4. Pharmaceuticals
10.4.5. Pet Foods
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Marine Animals Source Omega-3 Market Size and Volume Forecast by Type
10.7.1. Powder
10.7.2. Oil
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 Marine Animals Source Omega-3 Demand Share Forecast, 2019-2026
11. Europe Marine Animals Source 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 Marine Animals Source 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 Marine Animals Source Omega-3 Market Size and Volume Forecast by Application
11.4.1. Dietary Supplements
11.4.2. Fortified Food and Beverage
11.4.3. Infant Formula
11.4.4. Pharmaceuticals
11.4.5. Pet Foods
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Marine Animals Source Omega-3 Market Size and Volume Forecast by Type
11.7.1. Powder
11.7.2. Oil
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential 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 Marine Animals Source Omega-3 Demand Share, 2019-2026
12. Asia Pacific Marine Animals Source 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 Marine Animals Source 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 Marine Animals Source Omega-3 Market Size and Volume Forecast by Application
12.4.1. Dietary Supplements
12.4.2. Fortified Food and Beverage
12.4.3. Infant Formula
12.4.4. Pharmaceuticals
12.4.5. Pet Foods
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Marine Animals Source Omega-3 Market Size and Volume Forecast by Type
12.7.1. Powder
12.7.2. Oil
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 Marine Animals Source Omega-3 Demand Share, 2019-2026
13. Middle East & Africa Marine Animals Source 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 Marine Animals Source 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 Marine Animals Source Omega-3 Market Size and Volume Forecast by Application
13.4.1. Dietary Supplements
13.4.2. Fortified Food and Beverage
13.4.3. Infant Formula
13.4.4. Pharmaceuticals
13.4.5. Pet Foods
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Marine Animals Source Omega-3 Market Size and Volume Forecast by Type
13.7.1. Powder
13.7.2. Oil
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 Marine Animals Source Omega-3 Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Marine Animals Source Omega-3 Market: Market Share Analysis
14.2. Marine Animals Source Omega-3 Distributors and Customers
14.3. Marine Animals Source Omega-3 Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DSM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Pelagia (EPAX)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Golden Omega
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TASA
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Omega Protein
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Croda
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. GC Rieber Oils
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Polaris
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook