PUBLISHER: Value Market Research | PRODUCT CODE: 1288780
PUBLISHER: Value Market Research | PRODUCT CODE: 1288780
The global demand for Omega 3 Market is presumed to reach the market size of nearly USD 11.44 BN by 2030 from USD 5.37 BN in 2022 with a CAGR of 9.92% under the study period 2023-2030. Regarding volume, the market was calculated XX Tons in 2022 and forecast to touch XX Tons by 2030 with a CAGR of XX% during 2023-2030.
Omega-3 fatty acids are polyunsaturated fat that is considered essential because the human body cannot produce them on its own, and they must be obtained through diet. Omega-3s are usually found in fatty fish (such as salmon, tuna, and mackerel), nuts and seeds (such as chia seeds, flaxseeds, and walnuts), and plant oils (canola oil & soybean oil). Omega-3 fatty acids are important for maintaining good health, reducing inflammation, improving brain function, and lowering the risk of heart disease. Some studies have also suggested that omega-3s may be beneficial for people with conditions such as depression, anxiety, and arthritis.
Omega-3 are essential fatty acids that have been shown to provide a range of health benefits; as awareness of these benefits grows, demand for omega-3 supplements and foods high in omega-3s is increasing. Functional foods and supplements are products that provide specific health benefits beyond basic nutrition. As consumers become more focused on health and wellness, the demand for functional foods and supplements that contain omega-3s is increasing. As the aquaculture industry expands, the availability and accessibility of omega-3-rich fish is increasing, which is helping to drive the omega-3 market. The omega-3 market is constantly evolving, with new products and formulations being developed to meet changing consumer needs. This includes new delivery formats, such as gummies, chews, and liquid forms, as well as novel sources of omega-3s, such as algae-based supplements.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of omega 3. The growth and trends of omega 3 industry provide a holistic approach to this study.
This section of the omega 3 market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Omega 3 market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the omega 3 market include Aker Biomarine Antarctic AS, Orkla Health, BASF SE, Omega Protein Corp., GC Reiber Oils, Lonza, Croda International Plc, EPAX, BioProcess Algae LLC, Koninklijke DSM N.V. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.