- Pharmaceuticals
- Pet and Animal Feed
- Supplements and Functional Foods
- Infant formula
- Others
Omega 3 Ingredients Market was valued at USD 5156.9 million in 2022 and is poised to grow at a significant CAGR of 6.1% from 2023-2029. Omega 3 Ingredients Market are the good fats which are essential for optimal temperature. The two most important fatty acids for human health are eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA), the highest levels are found in fish. Another omega-3 fatty that is considered good for health is ?-linolenic acid (ALA), it is found in plant sources such as flaxseeds, chia seeds, and walnuts. Different types of Omega 3 ingredients supplements (Omega 3 Supplements) are available in the market with various brand names.Increase in the prevalence of cardiovascular diseases is the key factor enhancing the growth of the market. Rising health consciousness among the people is the attributing the growth of the market. Consumers keen towards omega 3 rich food is adding fuel for the growth of the market. Its application in various functional and food supplements is anticipating the growth of the market. Increase in research and development activities are adding scope for the manufacturers in expansion. However, the stringent government regulations are likely to hamper the growth of the market.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
Due to specific health benefits such as regulating blood pressure, lowering bad cholesterol, and preventing coronary heart disease, EPA/DHA consumption is gaining favour over alpha linoleic acid (AHA). As a result, the omega 3 ingredients market is predicted to rise throughout the forecast period. Omega 3 fatty acids have also found widespread use in the supplement, food, and pharmaceutical industries due to their cost-effective synthesis. As a result, the global omega 3 ingredients market is expanding, a trend that is likely to continue over the forecast period.
2022 is the base year and 2029 is the forecast year.
Increasing Demand to brain health, nutraceutical products for youngsters
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
Omega 3 Ingredients Market was valued at USD 5156.9 million in 2022 and is poised to grow at a significant CAGR of 6.1% from 2023-2029.
One potential threat to the omega-3 ingredients market is the fluctuating availability and sustainability of marine sources, such as fish oil, due to overfishing and environmental concerns.
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