Omega-3 Products Market: By Source, By Application, By Distribution Channel, and Geography  

Omega-3 Products Market Size, Share, Growth, Trends, and Global Industry Analysis: By Source (Marine, Nuts and Seeds, Vegetable Oils, Soy and Soya Products), By Application (Dietary Supplement, Pharmaceutical, Infant Formula, Food & Beverages, Pet Food, Fish Feed), By Distribution Channel (Grocery Stores, Pharmacies and Drug Stores, Online Channels, Others), and Region  

Omega-3 Products Market size was valued at US$ 9.3 billion in 2023 and is poised to grow at a CAGR of 7.3% from 2024-2030. The market is expected to develop at a significant growth rate over the forecast years due to a rise in awareness among the population about omega-3 benefits coupled with a growth in demand for infant nutrition. Moreover, the rise in R&D for the development of newer omega-3-rich products, the surge in adoption of omega-3 in food and feed products as a nutritional supplement, a rise in social media and online marketing of omega-3 products by the market players, and the growth in disposable income are anticipated to boost the market over the forecast years. However, stringent government regulations for product approval, lack of awareness in underdeveloped countries, fluctuations in raw material prices, and decrease in fish oil production due to sustainability issues hinder the growth of the market over the forecast years.

Global Omega 3 Products Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.3%

Largest Market

Asia Pacific

Fastest Growing Market

Asia Pacific

Omega-3 Products Market Dynamics

Increase in the R&D activities for the development of newer omega-3 rich products coupled with rise in awareness about the omega-3 benefits for infant nutrition, pharmaceuticals, and food and beverages are anticipated to boost the revenue of market over the forecast years. For instance, in September 2019, Polaris received European authorization for its new, super-concentrated, ultra-purified algal Omega-3 oil Omegavie DHA 700 algae Sensory QualitySilver 5 that is suitable for vegetarians and vegans, non-GMO and free from allergens. In addition, enhancing the positive cognitive outcomes in infants due to surge in consumption of omega-3 rich products also bolster the revenue of market over the forecast timeframe.

Global Omega 3 Products Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 9.3 billion

Market CAGR

7.3%

By Source

  • Marine
  • Nuts and Seeds
  • Vegetable Oils
  • Soy and Soya Products

By Application

  • Dietary Supplement
  • Pharmaceutical
  • Infant Formula
  • Food & Beverages
  • Pet Food
  • Fish Feed

By End User

  • Grocery Stores
  • Pharmacies and Drug Stores
  • Online Channels
  • Others

Key Features of the Report

  • The omega 3 products market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The omega 3 products market size was valued at US$ 9.3 billion in 2023

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

The key players in the omega 3 products market are: Abbott Laboratories, Amway, Unilever Corporation, BASF SE, Aker BioMarine

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Author

Sravani

Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....

1.Executive Summary
2.Global Omega-3 Products Market Introduction 
2.1.Global Omega-3 Products Market  - Taxonomy
2.2.Global Omega-3 Products Market  - Definitions
2.2.1. By Source
2.2.2. By Application
2.2.3. By End Users
2.2.4. By Region
3.Global Omega-3 Products Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Omega-3 Products Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Omega-3 Products Market  By Source, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Marine
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Nuts and Seeds
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Vegetable Oils
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Soy and Soya Products
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6.Global Omega-3 Products Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Dietary Supplement
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Pharmaceutical
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Infant Formula
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Food & Beverages
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Pet Food
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Fish Feed
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
7.Global Omega-3 Products Market  By End Users, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Grocery Stores
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Pharmacies and Drug Stores
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Online Channels
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Others
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8.Global Omega-3 Products Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Omega-3 Products Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Source Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Marine
9.1.2.Nuts and Seeds
9.1.3.Vegetable Oils
9.1.4.Soy and Soya Products
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Dietary Supplement
9.2.2.Pharmaceutical
9.2.3.Infant Formula
9.2.4.Food & Beverages
9.2.5.Pet Food
9.2.6.Fish Feed
9.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Grocery Stores
9.3.2.Pharmacies and Drug Stores
9.3.3.Online Channels
9.3.4.Others
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Omega-3 Products Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Source Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Marine
10.1.2.Nuts and Seeds
10.1.3.Vegetable Oils
10.1.4.Soy and Soya Products
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Dietary Supplement
10.2.2.Pharmaceutical
10.2.3.Infant Formula
10.2.4.Food & Beverages
10.2.5.Pet Food
10.2.6.Fish Feed
10.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Grocery Stores
10.3.2.Pharmacies and Drug Stores
10.3.3.Online Channels
10.3.4.Others
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Omega-3 Products Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Source Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Marine
11.1.2.Nuts and Seeds
11.1.3.Vegetable Oils
11.1.4.Soy and Soya Products
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Dietary Supplement
11.2.2.Pharmaceutical
11.2.3.Infant Formula
11.2.4.Food & Beverages
11.2.5.Pet Food
11.2.6.Fish Feed
11.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Grocery Stores
11.3.2.Pharmacies and Drug Stores
11.3.3.Online Channels
11.3.4.Others
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Omega-3 Products Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Source Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Marine
12.1.2.Nuts and Seeds
12.1.3.Vegetable Oils
12.1.4.Soy and Soya Products
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Dietary Supplement
12.2.2.Pharmaceutical
12.2.3.Infant Formula
12.2.4.Food & Beverages
12.2.5.Pet Food
12.2.6.Fish Feed
12.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Grocery Stores
12.3.2.Pharmacies and Drug Stores
12.3.3.Online Channels
12.3.4.Others
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Omega-3 Products Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Source Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Marine
13.1.2.Nuts and Seeds
13.1.3.Vegetable Oils
13.1.4.Soy and Soya Products
13.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Dietary Supplement
13.2.2.Pharmaceutical
13.2.3.Infant Formula
13.2.4.Food & Beverages
13.2.5.Pet Food
13.2.6.Fish Feed
13.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Grocery Stores
13.3.2.Pharmacies and Drug Stores
13.3.3.Online Channels
13.3.4.Others
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Nestle SA
14.2.2.Abbott Laboratories
14.2.3.Amway
14.2.4.Unilever Corporation
14.2.5.BASF SE
14.2.6.Aker BioMarine
14.2.8.Omega Protein Corporation
14.2.9.Marine USA LLC
14.2.10.Cargill, Inc.
14.2.11.FMC Corporation
14.2.12.Pharma Marine USA LLC
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Nestle SA
  • Abbott Laboratories
  • Amway
  • Unilever Corporation
  • BASF SE
  • Aker BioMarine
  • Royal DSM
  • Omega Protein Corporation
  • Marine USA LLC
  • Cargill, Inc.
  • FMC Corporation
  • Pharma Marine USA LLC
  • Denemoga
  • Simris Alg
  • Algisys
  • Polaris
  • Bioprocess Algae, LLC
  • Neptune Wellness Solutions
  • Source-Omega
  • Croda Inc.

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