The Global Omega 3 (EPA/DHA) Ingredients market was valued at USD 1.54 billion in 2021 and is expected to reach USD 1.95 billion by the year 2028, at a CAGR of 3.4%.
The worldwide omega-3 (EPA/DHA) ingredients market is growing steadily, fueled by rising consumer knowledge about the health advantages linked to these crucial fatty acids. Omega-3 fatty acids are essential for the health of the heart, the functioning of the brain, and general wellness. The market is divided based on type (ALA, EPA, DHA), source (fish oil, krill oil, algal oil, plant-based sources), application (pharmaceutical industry, dietary supplements, food and beverage, animal nutrition), and region. Although fish oil and krill oil have been popular in the market for a long time, algal oil is increasingly becoming recognized as a sustainable option. Omega-3 ingredient demand is high in developed regions and is also growing in emerging markets due to increased disposable incomes and changing diets.
Key Prominent Players In The Omega 3 (EPA/DHA) Ingredients Market:
- BASF SE (Germany)
- DSM (Netherlands)
- Aker BioMarine ASA (Norway)
- Croda International PLC (UK)
- Stepan Company (US)
- Pharma Marine (Norway)
- GC Riber Group (Norway)
- Clover Corporation (Australia)
- Omega Protein Corporation (US)
- Cellana (US)
- United Laboratories (India)
- Abee (India)
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Global Omega 3 (EPA/DHA) Ingredients Market Segmentation:
By Type
- Alpha-Linolenic Acid {ALA}
- Eicosapentaenoic Acid {EPA}
- Docosahexaenoic Acid {DHA}
By Source
- Fish Oil & Krill Oil
- Algal Oil
- Walnut
- Pumpkin Seeds
- Soyabean Oil
- Others
By Application
- Pharmaceutical Industry
- Dietary Supplement
- Food & Beverage Industry
- Animal Nutrition
Geographic Segment Covered in the Report:
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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This study conducts a SWOT analysis to evaluate the strengths and weaknesses of key players in the Omega 3 (EPA/DHA) Ingredients market. Additionally, the report performs a complex inspection of drivers and restraints operating in the market. The report also evaluates the observed trends in the parent market along with macroeconomic indicators, dominant factors and market attractiveness in relation to other segments. The report forecasts the impact of various industry aspects on the Omega 3 (EPA/DHA) Ingredients market segments and regions.
The report offers varied descriptions about the segmentation of the market on the basis of the segmented global Powder Eyeshadows market and leads with a descriptive structure of the trends and restrictions of the various segments and sub-segments. It also provides the market size and estimates a forecast from the year 2024 to 2032. The report delivers information about the market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
Key Industry Development for the Omega 3 (EPA/DHA) Ingredients Market:
Growing Body of Scientific Research: Ongoing research continues to support the health benefits of omega-3 fatty acids, particularly for heart health, brain function, and reducing inflammation. This evidence has solidified the position of omega-3 ingredients as essential nutrients.
Increasing Consumer Awareness: Consumers are becoming more aware of the importance of omega-3s for their overall health and well-being. This increased awareness has driven demand for omega-3-enriched products.
Expansion of Applications: Omega-3 ingredients are being incorporated into a wider range of products, including dietary supplements, functional foods, infant formula, and animal feed. This diversification has contributed to market growth.
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