Global Omega 3 market

Omega 3 Market Size, Share, Growth Analysis, By Type (Docosahexaenoic acid , Eicosapentaenoic acid ), By Source (Marine Source, Plant Source), By Application (Supplements & Functional Foods), By Region - Industry Forecast 2025-2032

Report ID: SQMIG30I2293 | Region: Global | Published Date: December, 2024
Pages: 157 | Tables: 98 | Figures: 76

Omega 3 Market Competitive Landscape

The global omega-3 market is fragmented in nature as various players are entering the global and regional markets. These players are investing in collaborations, mergers, acquisitions, and partnerships to stay ahead of the competition. They are also investing in R&D activities to expand their product portfolio and expand their consumer base.

Omega 3 Market Top players company profile

  • Orkla Health 
  • BASF SE 
  • GC Reiber Oils 
  • Lonza 
  • Croda International Plc 
  • EPAX 
  • Cargill 
  • DSM-firmenich 
  • ADM 
  • Kerry Group Plc 
  • Croda International Plc 
  • Corbion 
  • GC Rieber 
  • Pelagia AS 
  • KD Pharma Group SA 
  • Cooke Aquaculture Inc. 
  • AlgiSys Biosciences, Inc.  
  • Golden Omega 
  • Polaris 
  • Nestle S.A 

Omega 3 Market

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Global Omega 3 Market size was valued at USD 2.3 billion in 2022 and is poised to grow from USD 2.45 billion in 2023 to USD 4.27 billion by 2031, growing at a CAGR of 7.2% during the forecast period (2024-2031). 

The global omega-3 market is fragmented in nature as various players are entering the global and regional markets. These players are investing in collaborations, mergers, acquisitions, and partnerships to stay ahead of the competition. They are also investing in R&D activities to expand their product portfolio and expand their consumer base. 'Orkla Health ', 'BASF SE ', 'GC Reiber Oils ', 'Lonza ', 'Croda International Plc ', 'EPAX ', 'Cargill ', 'DSM-firmenich ', 'ADM ', 'Kerry Group Plc ', 'Croda International Plc ', 'Corbion ', 'GC Rieber ', 'Pelagia AS ', 'KD Pharma Group SA ', 'Cooke Aquaculture Inc. ', 'AlgiSys Biosciences, Inc.  ', 'Golden Omega ', 'Polaris ', 'Nestle S.A '

The omega-3 fatty acids help to reduce the risk of abnormal heartbeats or arrhythmias, which can result in the patient's sudden death. The folate nutrient can help reduce triglyceride levels, slow the growth of atherosclerotic plaque, and reduce blood pressure. The trend of consumers choosing healthier alternatives and viewing preventive care as a necessary tool to assist them in leading a healthier lifestyle is growing.  Omega 3s are more popular because they are a good source of vitamins, proteins, and minerals and can help deal with diseases like cancer, asthma, and depression. Various factors that affect consumers' purchasing decisions are brand name, nutritional value, and product safety.

In recent years, there has been a rise in the prevalence of health conditions caused by a sedentary lifestyle, stress, aging, and other hereditary factors. This trend has led to the exploration of various ingredients that can positively affect certain body functions to maintain overall health and well-being. Gummy bears are gaining a lot of popularity in current times as they are marketed well. They are easy to consume and are presented very well. Social media is aggressively marketing these products to consumers, therefore a lot of people are buying supplements in the form of gummy bears.

The market value in North America stood at 62 million in 2022 and is predicted to grow at a CAGR of 4.71%. The growth of North American market for polyunsaturated fatty acids is due to the increasing awareness of the health benefits of these nutrients.

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Global Omega 3 market

Report ID: SQMIG30I2293

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