Market Overview:
The global omega-3 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 rising awareness about the health benefits of omega-3 fatty acids and the increasing demand for fortified food and beverages. The marine omega-3 segment is expected to dominate the global omega-3 market during the forecast period, owing to its high concentration of EPA and DHA fatty acids. North America is expected to lead the global omega-3 market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Omega-3 fatty acids are a type of polyunsaturated fat. The body cannot make them, so they must be obtained from food. Omega-3 fatty acids are important for heart health and normal brain function.
Marine Omega-3:
Omega-3 is a type of fatty acid, the third most abundant form of fat found in the human body. Omega-3 fatty acids are polyunsaturated fats with two cis double bonds between carbon atoms. The human body does not produce omega-3 fatty acids but the diet can provide them from fish and some plant sources such as flaxseeds and chia seeds.
Algae Omega-3:
Algae omega-3 is a type of dietary supplement derived from algae. The product contains the same amount of EPA and DHA as fish oil, but without the mercury. It also has other nutrients such as vitamins, minerals and proteins which are essential for human health. The product can be consumed by vegetarians and people with seafood allergies or intolerance since it is not derived from fish bones or skin like regular fish oil supplements.
Application Insights:
Dietary supplements emerged as the largest application segment and accounted for a market share of over 47% in 2017. Omega-3 fatty acids are widely used in dietary supplements owing to their ability to reduce cholesterol levels, promote weight loss, improve brain health, and treat depression among others. Rising awareness regarding these benefits coupled with growing demand for natural treatment alternatives is expected to drive the product demand from this application segment over the forecast period.
Infant formula held a significant market share of around 15% in 2017 owing to increasing awareness about infant nutrition among parents worldwide coupled with rising government regulations concerning infant nutrition standards across various regions including North America and Europe Asia Pacific Latin America Middle East & Africa. Infant formulas containing omega-3 fatty acids have been proven effective at reducing crying time without affecting baby¢â‚¬â„¢s appetite compared with conventional formulas.
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 wellness coupled with increasing disposable income levels in countries, such as Canada and Mexico. In addition, growing demand for infant formula due to an increase in births has positively influenced the industry growth over the past few years.
Asia Pacific is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 owing to high product demand from countries like China and India on account of rising consumer awareness regarding omega 3 benefits along with increasing per capita expenditure on food products among consumers at large scale.
The European market was valued at USD X million in 2017.
Growth Factors:
- Increasing awareness about the health benefits of Omega-3 fatty acids is driving the growth of the Omega-3 market.
- The increasing demand for functional foods and dietary supplements that contain Omega-3 fatty acids is also propelling the growth of this market.
- The rising incidence of chronic diseases such as heart disease, stroke, and diabetes is fueling the demand for Omega-3 supplements and functional foods products that contain these fatty acids.
- The growing popularity of healthy eating habits among consumers is contributing to the expansion of the Omega-3 market worldwide.
- Technological advancements in product formulation and packaging are providing a boost to this market
Scope Of The Report
Report Attributes
Report Details
Report Title
Omega-3 Market Research Report
By Type
Marine Omega-3, Algae 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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Omega-3 Market Report Segments:
The global Omega-3 market is segmented on the basis of:
Types
Marine Omega-3, Algae 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 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 Omega-3
- Algae 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 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
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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?
Omega-3 fatty acids are polyunsaturated fatty acids found in plant and animal sources. They are important for good health because they help to reduce the risk of heart disease, stroke, and other chronic diseases.
Some of the major players in the 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 omega-3 market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. 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. 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. Omega-3 Market - Supply Chain
4.5. Global Omega-3 Market Forecast
4.5.1. Omega-3 Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Omega-3 Market Size (000 Units) and Y-o-Y Growth
4.5.3. Omega-3 Market Absolute $ Opportunity
5. Global 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. Omega-3 Market Size and Volume Forecast by Type
5.3.1. Marine Omega-3
5.3.2. Algae Omega-3
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global 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. 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 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. 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 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. 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 Omega-3 Demand Share Forecast, 2019-2026
9. North America 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 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 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 Omega-3 Market Size and Volume Forecast by Type
9.7.1. Marine Omega-3
9.7.2. Algae 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 Omega-3 Demand Share Forecast, 2019-2026
10. Latin America 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 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 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 Omega-3 Market Size and Volume Forecast by Type
10.7.1. Marine Omega-3
10.7.2. Algae 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 Omega-3 Demand Share Forecast, 2019-2026
11. Europe 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 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 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 Omega-3 Market Size and Volume Forecast by Type
11.7.1. Marine Omega-3
11.7.2. Algae 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 Omega-3 Demand Share, 2019-2026
12. Asia Pacific 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 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 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 Omega-3 Market Size and Volume Forecast by Type
12.7.1. Marine Omega-3
12.7.2. Algae 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 Omega-3 Demand Share, 2019-2026
13. Middle East & Africa 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 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 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 Omega-3 Market Size and Volume Forecast by Type
13.7.1. Marine Omega-3
13.7.2. Algae 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 Omega-3 Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Omega-3 Market: Market Share Analysis
14.2. Omega-3 Distributors and Customers
14.3. 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