Market Overview:
The global marine 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 dietary supplements, fortified food and beverage, infant formula, pharmaceuticals, pet foods and others applications across the globe. Moreover, the growing awareness about the health benefits of omega-3 fatty acids is also contributing to the growth of this market. On basis of type, marine animals source omega-3 segment is projected to account for a major share in terms of revenue in 2018 and is expected to maintain its dominance throughout 2030. This can be attributed due high concentration levels of EPA & DHA fatty acids found in fish oils as compared to plant sources such as algae oil.
Product Definition:
The definition of Marine Omega-3 is a type of fatty acid that is found in fish and shellfish. It is important for human health because it helps to keep the heart healthy and can also improve brain function.
Marine Animals Source Omega-3:
Marine animals source omega-3 is a type of dietary supplement which helps in reducing the risk of heart diseases. It also aids in improving body function, eye health and brain development among other functions. The product contains Docosahexaenoic acid (DHA), which is an omega-3 fatty acid essential for the normal body function and growth of human beings as well as other marine organisms.
Marine Plant Source Omega-3:
Marine plant source omega-3 is a type of dietary supplement that comes from algae, which is extracted to produce DHA and EPA. The product has been proven to be more effective than fish oil in reducing the risk of heart diseases. It also helps in controlling blood pressure and preventing depression among other health issues.
Application Insights:
Dietary supplements emerged as the leading application segment in terms of revenue and is expected to witness a CAGR of XX% from 2018 to 2030. Growing awareness towards marine omega-3 in dietary supplement industry owing to high health benefits associated with these products is anticipated to boost market growth during the forecast period.
The fortified food and beverage segment accounted for over 15% share in 2017 due largelyto increasing consumer preference for convenience foods, which offer enhanced nutritional value along with reduced calorie content, thereby supporting global marine omega-3 market growth during the forecast period.
Infant formula held another major share in 2017 owingto growing awareness about providing infant nutrition containing essential fatty acids since birth through specialized formulas manufactured using fish oil ingredients such as docosahexaenoic acid (DHA) and eicosapentaenoic acid (EPA).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to rising consumer awareness regarding health and well-being and increasing disposable income coupled with growing demand for dietary supplements.
Asia Pacific is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 due to high product demand in countries such as China, India, South Korea, Japan, Singapore and Australia on account of rising population along with changing lifestyle habits that require nutritional enrichment products for enhanced health consciousness among consumers. Moreover, growing interest among manufacturers towards bio-based ingredients will further propel product sales which will drive industry expansion over next eight years (2018 - 2027).
Growth Factors:
- Increasing awareness about the health benefits of Marine Omega-3 fatty acids is expected to drive the market growth.
- Rising demand for nutraceuticals and functional foods is projected to boost the market growth.
- Growing incidences of chronic diseases such as heart disease, stroke, and diabetes are anticipated to fuel the demand for Marine Omega-3 supplements over the forecast period.
- Increasing disposable income coupled with changing lifestyle trends is likely to propel the market growth in developing countries during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Marine Omega-3 Market Research Report
By Type
Marine Animals Source Omega-3, Marine Plant Source Omega-3
By Application
Dietary Supplements, Fortified Food and Beverage, Infant Formula, Pharmaceuticals, Pet Foods, Others
By Companies
DSM, BASF, EPAX, Golden Omega, TASA, Omega Protein, Croda, KD Pharma (Marine Ingredients), GC Rieber, Polaris, Auqi, Kinomega, Skuny, Xinzhou, Anti-Cancer, Sinomega, Orkla Health, LYSI, OLVEA Fish Oils, Hofseth BioCare, Nippon Suisan Kaisha, Bioprocess Algae, Shandong Yuwang Pharmaceutical, Maruha Nichiro Foods, Solutex
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Marine Omega-3 Market Report Segments:
The global Marine Omega-3 market is segmented on the basis of:
Types
Marine Animals Source Omega-3, Marine Plant Source Omega-3
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
- EPAX
- Golden Omega
- TASA
- Omega Protein
- Croda
- KD Pharma (Marine Ingredients)
- GC Rieber
- Polaris
- Auqi
- Kinomega
- Skuny
- Xinzhou
- Anti-Cancer
- Sinomega
- Orkla Health
- LYSI
- OLVEA Fish Oils
- Hofseth BioCare
- Nippon Suisan Kaisha
- Bioprocess Algae
- Shandong Yuwang Pharmaceutical
- Maruha Nichiro Foods
- Solutex
Highlights of The Marine 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:
- Marine Animals Source Omega-3
- Marine Plant Source Omega-3
- 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 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
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- 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 omega-3 fatty acids are a type of polyunsaturated fatty acid found in marine sources. These fats can help reduce inflammation and support heart health.
Some of the key players operating in the marine omega-3 market are DSM, BASF, EPAX, Golden Omega, TASA, Omega Protein, Croda, KD Pharma (Marine Ingredients), GC Rieber, Polaris, Auqi, Kinomega, Skuny, Xinzhou, Anti-Cancer, Sinomega, Orkla Health, LYSI, OLVEA Fish Oils, Hofseth BioCare, Nippon Suisan Kaisha, Bioprocess Algae, Shandong Yuwang Pharmaceutical, Maruha Nichiro Foods, Solutex.
The marine 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 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 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 Omega-3 Market - Supply Chain
4.5. Global Marine Omega-3 Market Forecast
4.5.1. Marine Omega-3 Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Marine Omega-3 Market Size (000 Units) and Y-o-Y Growth
4.5.3. Marine Omega-3 Market Absolute $ Opportunity
5. Global Marine 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 Omega-3 Market Size and Volume Forecast by Type
5.3.1. Marine Animals Source Omega-3
5.3.2. Marine Plant Source Omega-3
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Marine 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 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 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 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 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 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 Omega-3 Demand Share Forecast, 2019-2026
9. North America Marine 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 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 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 Omega-3 Market Size and Volume Forecast by Type
9.7.1. Marine Animals Source Omega-3
9.7.2. Marine Plant Source Omega-3
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 Omega-3 Demand Share Forecast, 2019-2026
10. Latin America Marine 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 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 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 Omega-3 Market Size and Volume Forecast by Type
10.7.1. Marine Animals Source Omega-3
10.7.2. Marine Plant Source Omega-3
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 Omega-3 Demand Share Forecast, 2019-2026
11. Europe Marine 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 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 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 Omega-3 Market Size and Volume Forecast by Type
11.7.1. Marine Animals Source Omega-3
11.7.2. Marine Plant Source Omega-3
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 Omega-3 Demand Share, 2019-2026
12. Asia Pacific Marine 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 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 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 Omega-3 Market Size and Volume Forecast by Type
12.7.1. Marine Animals Source Omega-3
12.7.2. Marine Plant Source Omega-3
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 Omega-3 Demand Share, 2019-2026
13. Middle East & Africa Marine 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 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 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 Omega-3 Market Size and Volume Forecast by Type
13.7.1. Marine Animals Source Omega-3
13.7.2. Marine Plant Source Omega-3
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 Omega-3 Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Marine Omega-3 Market: Market Share Analysis
14.2. Marine Omega-3 Distributors and Customers
14.3. Marine 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. 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. KD Pharma (Marine Ingredients)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. GC Rieber
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Polaris
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Auqi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kinomega
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Skuny
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Xinzhou
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Anti-Cancer
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Sinomega
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Orkla Health
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. LYSI
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. OLVEA Fish Oils
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Hofseth BioCare
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
