Market Highlights
The global Omega-3 Market was worth USD 2.26 billion in 2014 and is expected to reach approximately USD 7.78 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 14.74% during the forecast period. Omega-3 market is driven by components, for example, developing awareness in consumers about healthy & balanced eating regimen and its medical advantages. In addition, omega-3 supplements, for example, eicosapentaenoic corrosive (EPA) and DHA lessens the danger of breast, prostrate, and colon cancer. A satisfactory measure of EPA diminishes danger of depression and related medical issues. The regulatory barrier restricting the usage of omega-3 over certain range may limit the market development in the following years. Omega-3 acquired from plant origin, a great wellspring of alpha-linolenic corrosive (ALA) for vegetarians, gives an opportunity to omega-3 market development.
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Prominent Players in Global Omega-3 Market
Cargill Foods India
Polaris
Pharma Marine AS
Croda International
GC Rieber Oils AS
Omega Protein
FMC Corporation
krill oil-Luhua Biomarine (Shandong) Co Ltd.
Application Outlook and Trend Analysis
Omega-3 has an extensive variety of utilizations, for example, infant formula,, dietary supplement, pharmaceutical, fish feed, pet food, and food & beverage. Dietary supplement is a significant application and represented three-fifths of the worldwide omega-3 market volume in 2015. Pharmaceutical is foreseen to develop a tremendous rate in the upcoming years. The usage of omega-3 (regarding volume) in pharmaceutical and infant formula equation is assessed to increment at a higher CAGR amid the figure time frame.
Regional Outlook and Trend Analysis
Asia-Pacific is the leading region in the worldwide omega-3 market and is foreseen to be the primary inclination for new contestants because of the expanding end-use applications in the locale. Developing awareness of consumers with respect to the advantages of omega-3 has expanded as of late that has affected its interest for omega-3. Europe is the second most appealing business sector for new participants in the omega-3 industry, which is foreseen to develop at a significant pace in the following years.
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Market Classification
Market Classification
Omega-3 Market, By Type, Estimates and Forecast, 2014-2023($Billion)
ALA (alpha-linolenic acid)
DHA (docosahexaenoic acid)
EPA (eicosapentaenoic acid)
Omega-3 Market, By Source, Estimates and Forecast, 2014-2023($Billion)
Marine
Fish Oil & Krill Oil
Algal Oil
Nuts and Seeds
Walnut
Pumpkin Seeds
Others
Vegetable Oils
Soybean Oil
Canola Oil
Others
Soya and Soya Products
Soya Milk
Bean Curd
Omega-3 Market, By Application, Estimates and Forecast, 2014-2023($Billion)
Dietary Supplement
Pharmaceutical
Infant Formula
Food & Beverage
Pet Food
Fish Feed
Omega-3 Market – By Region:
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
Rest of the World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
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Major Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Omega-3 Market, By Type
4.1. Introduction
4.2. Omega-3 Market Assessment and Forecast, By Type, 2014-2023
4.3. ALA (alpha-linolenic acid)
4.3.1. Market Assessment and Forecast, By Region, 2014-2023($Billion)
4.4. DHA (docosahexaenoic acid)
4.4.1. Market Assessment and Forecast, By Region, 2014-2023($Billion)
4.5. EPA (eicosapentaenoic acid)
4.5.1. Market Assessment and Forecast, By Region, 2014-2023($Billion)
5. Omega-3 Market, By Source
6. Omega-3 Market, By Application
7. Omega-3 Market, By Region
10. Company Profiles
Continue…
What Our Report Offer:
1) An extensive research study on the Global Omega-3 Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Omega-3 Market.
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
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