Omega 3 Supplements Market By Source (Fish Oil, Krill Oil, and Others (Flaxseeds and Mung Beans)), By Application (Infant Formula, Food and Beverage, Nutritional Supplements, Pharmaceuticals, Pet and Animal Feed, and Clinical Nutrition), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI24219 | Publish Date: March 2024 | No. of Pages: 178

Global Omega Supplements Market By Overview

Introduction:

Omega 3 Supplements Market was valued at US$ 7.8 Billion in 2024 and is projected to grow at a CAGR of 9.10% to reach US$ 18.6 Billion by 2034.

Omega 3 supplements contain omega 3 fatty acids. Omega 3 reduces the levels of triglyceride levels and help to relieve symptoms of rheumatoid arthritis by curbing stiffness and joint pain. Demand for omega 3 supplements is on rise attributing to its health benefits.

Global Omega Supplements Market By Dynamics

Growing awareness regarding healthy lifestyle, weight loss, and balanced diet are the key factors driving the target market. In addition, surging demand for dietary supplements is also a factor fuelling the target market. Moreover, rising consciousness regarding importance of omega 3 supplements owing to high prevalence of heart diseases and obesity expected to drive demand for omega 3 supplements in near future. However, rising competition between the manufacturers is a factor restraining the growth of the global market. 

Global Omega Supplements Market By Segmentation

omega 3 supplements market has been segmented into source, application, and region.

On the basis of source, omega 3 supplements market has been bifurcated into fish oil, krill oil, and others (flaxseeds, mung beans). Fish oil segment is further classified into anchovy, sardine, tuna, salmon, and cod liver. Krill oil is projected to emerge as a significant source of omega 3 over the forecast period. Based on application, target market is segmented into infant formula, food and beverage, nutritional supplements, pharmaceuticals, pet and animal feed, and clinical nutrition.

Regional Insights:

Based on region, the omega 3 supplements market is segmented into North America, Latin America, Europe, Middle East, Asia-Pacific, and Africa. Asia Pacific is anticipated to emerge as the fastest growing market for omega 3 supplements over the forecast period. Japan being one of the largest sardine fishing countries, is expected to propel the target market growth in near future. 

Global Omega Supplements Market By Key Players

Key players operating in the omega 3 supplements market include Nordic Naturals Inc., Now Foods, Nutrigold Inc., Reckitt Benckiser Group PLC, Pharma Nord B.V., I Health Inc., Green Pasture Products, Inc., Aker BioMarine AS, Luhua Biomarine, and Pharmavite LLC.

Global Omega Supplements Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
    • PORTER’s
    • Investment Outlook
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Omega 3 Supplements Strategies
      • Key Questions this Study will Answer
      • By Source (Fish Oil, Krill Oil, and Others (Flaxseeds and Mung Beans))

        By Application (Infant Formula, Food and Beverage, Nutritional Supplements, Pharmaceuticals, Pet and Animal Feed, and Clinical Nutrition)

        By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)

    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
    • Y-o-Y Growth Analysis (%), 2020 – 2030
    • Regional Trends
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Regional Analysis
    • Regional Revenue Analysis
    • Regional By segment Analysis
    • Reasons for regional growth
    • Key Player of particular region
    • Countries Include in the report:
      • North America (U.S., Canada)
      • Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
      • Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
      • Latin America (Brazil, Mexico, Rest of Latin America)
      • Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
    • Competitive Overview
    • Competitive Benchmarking
    • Market Share Analysis
    • Key Developments In The Global Omega 3 Supplements Market
    • Key Developments: Mergers & Acquisitions
    • Key Developments: Collaboration
    • Key Developments: Contracts & Agreements
    • Key Developments: Expansion
    • Key Developments: Product Developments
  2. Company Profiles
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
  • SWOT Analysis
    • Nordic Naturals Inc.

    • Now Foods

    • Nutrigold Inc.

    • Reckitt Benckiser Group PLC

    • Pharma Nord B.V.

    • I Health Inc.

    • Green Pasture Products, Inc.

    • Aker BioMarine AS

    • Luhua Biomarine

    • Pharmavite LLC.

  1. The Last Word
    • Future Impact
    • About Us
    • Contact

 

FAQs

omega 3 supplements market has been segmented into source, application, and region.

Growing awareness regarding healthy lifestyle, weight loss, and balanced diet are the key factors driving the target market. In addition, surging demand for dietary supplements is also a factor fuelling the target market. Moreover, rising consciousness regarding importance of omega 3 supplements owing to high prevalence of heart diseases and obesity expected to drive demand for omega 3 supplements in near future. However, rising competition between the manufacturers is a factor restraining the growth of the global market.

Based on region, the omega 3 supplements market is segmented into North America, Latin America, Europe, Middle East, Asia-Pacific, and Africa. Asia Pacific is anticipated to emerge as the fastest growing market for omega 3 supplements over the forecast period.

Key players operating in the omega 3 supplements market include Nordic Naturals Inc., Now Foods, Nutrigold Inc., Reckitt Benckiser Group PLC, Pharma Nord B.V., I Health Inc., Green Pasture Products, Inc., Aker BioMarine AS, Luhua Biomarine, and Pharmavite LLC.