Omega-3 Market Scenario  

The key driver in the global omega-3 market are the rising penetration of omega 3 in Active Pharmaceutical Ingredient (API) coupled with rising awareness about healthcare and chronic diseases. Furthermore, regulations favouring the product usage in infant formulations is also the major factor fuelling the market growth all around the world. However, high cost is one of the major factor expected to hamper the global growth of the omega-3 market.    

Omega-3 Market Segmentation

The omega-3 market is segmented by Type, Source, Application and Geography. Various Types of omega-3 are Docosahexaenoic Acid (DHA), Eicosapentaenoic Acid (EPA) and Alpha-Linolenic Acid (ALA). Furthermore, the Source comprises of Marine and Plant. Likewise, various applications of omega-3 are Dietary Supplements, Functional Foods & Beverages, Pharmaceuticals, Infant Formula and Pet Food and Feed. Based on Geography, the Omega-3 Market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW.  

Omega-3 Market by Geography

Geographically, the omega-3 market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW. The Asia-Pacific region dominated the global omega-3 market. The region’s growth is driven by rising product demand in countries, such as China, India, and Australia. Wide usage of fish oil in daily diet, as well as increasing health awareness, is further augmenting the product demand.

Omega-3 Market Key Players

Some of the major players operating in the global omega-3 market includes Cargill, BASF, DSM, Croda International, Epax, Lonza, Orkla Health, Corbion, KD Pharma, GC Rieber, Guangdong Runke Bioengineering, Nordic Naturals, Golden Omega, Biosearchlife, Pharma Marine, Polaris, Sinomega Biotech Engineering, Huatai Biopharm, Kinomega Biopharm and Algisys. Industrialists are also focusing their R&D to develop innovative extraction processes and are investing in procuring shipping vessels to gain strategic advantage and ensure efficient raw material supply.

Omega-3 Market Report Key Benefits

• The report offers changing market dynamics in the omega-3 market, presenting historical, current and projected market size in terms of value (USD Million)
• The report comprises a detailed analysis of the factors that drive and restrict the growth of the global omega-3 market.
• The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of omega-3
• It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the omega-3 market performance
• Key players within the global omega-3 market are profiled to understand the competitor scenario.

Research Objectives of Omega-3 Market Report:

• Analysing the outlook of the market with the recent trends and Porter’s five forces analysis.
• Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period.
• Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects.
• Country-level analysis, integrating the demand and supply forces that are influencing the growth of the omega-3 market.
• Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years.
• Comprehensive company profiles, covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players.