PUBLISHER: Grand View Research | PRODUCT CODE: 1631480
PUBLISHER: Grand View Research | PRODUCT CODE: 1631480
The U.S., Mexico and Japan omega-3 market size is anticipated to reach USD 1.92 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 7.7% from 2025 to 2030. Increasing awareness regarding the significance of functional foods fortified with omega-3 on account of their ability to reduce the risk of cholesterol diseases and provide optimal health is expected to drive the market.
Omega-3 is gaining high traction on account of its ability to offer healthy skin and reduce heart-related diseases. The young population across the U.S. and Japan is spending significant amounts on nutraceutical and healthy food products to get better skin and hair, which is likely to promote the demand for omega-3 supplements over the projected period.
Impacts of COVID-19 in North America, especially in the U.S., have been imminent, which has mobilized the region's interest in omega-3 infused nutraceutical and functional foods, which is anticipated to drive the market. The consumers have become more aware of their wellness post the COVID-19 pandemic, which is likely to have a positive impact on market growth.
High approval rates of omega-3 based nutraceutical products from government agencies due to numerous proven experimental tests drive the manufacturers' confidence. Improved functionality due to the advancement of production technologies, along with attractive packaging and marketing strategies adopted by the companies, is likely to enhance the product demand in the coming years.