The Global Omega 3 (EPA/DHA) Ingredients market was valued at USD 1.65 billion in 2023 and is expected to reach USD 2.23 billion by the year 2032, at a CAGR of 3.4%. Omega-3 (EPA/DHA) ingredients are essential fatty acids that support heart health, cognitive function, and inflammation reduction. Sourced mainly from fish oil, krill oil, and algae, fish oil remains the dominant source. As awareness of their benefits grows, demand for EPA (Eicosapentaenoic Acid) and DHA (Docosahexaenoic Acid) has surged across dietary supplements, functional foods, pharmaceuticals, and infant formulas. These ingredients play a vital role in preventing cardiovascular diseases, promoting brain development in infants, and providing anti-inflammatory benefits, making them essential for overall health and wellness.
Key Players in This Report Include:
- 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)
- Ocean Nutrition Canada Limited (Canada)
- Arista Industries (US) and other major players.
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A new study has been just published regarding the Omega 3 (EPA/DHA) Ingredients Market by IMR. This includes detailed and crucial study, trend, and forecast up to 2032. The Omega 3 (EPA/DHA) Ingredients market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts, and other key people to have ready-to-access and self-analysed study for understanding market trends, growth drivers, opportunities, and upcoming challenges and competitors.
Key Industry Developments in the Omega 3 (EPA/DHA) Ingredients Market:
In September 2024, the Global Organization for EPA and DHA Omega-3s (GOED) highlighted modest growth in the omega-3 ingredient market, with global volume reaching 124,480 metric tons in 2023, a 1.4% rise from 2022. Despite supply shortages and price increases, demand for dietary supplements remained stable, while pet nutrition, especially in China and the U.S., experienced significant expansion. High-value sectors like pharmaceuticals and infant formula also contributed to the market's overall progress.
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The Omega 3 (EPA/DHA) Ingredients Market segments are illuminated below:
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
The Omega 3 (EPA/DHA) Ingredients market report does highlight the currently prevailing and probable future industry-wide trends and their growth patterns also offers business strategy to help out the stakeholders who can make any sound decision over the profit-making trajectory over forecast years.
Regional Analysis
Omega 3 ingredients are mainly obtained and processed in North America
Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas:
- North America (U.S., 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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Highlight the Following Key Factors:
✦ Business Description: a detailed description of company operations and business departments.
✦ Company Strategy: The analyst’s summary of the company’s business strategy.
✦ SWOT Analysis: Detailed analysis of the company’s strengths, weaknesses, opportunities, and threats.
✦ Company History: The progress of major events related to the company.
✦ Main Products and Services: A list of the company’s main products, services, and brands.
✦ Main Competitors: A list of the company’s main competitors.
✦ Important Locations and Subsidiaries: The company’s main locations and subsidiaries’ list and contact information.
Detailed financial ratios of the past five years: The latest financial ratios come from the annual financial statements issued by companies with a history of five years.
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Key questions answered
- How feasible is Omega 3 (EPA/DHA) Ingredients market for long-term investment?
- What are influencing factors driving the demand for Omega 3 (EPA/DHA) Ingredients near future?
- What is the impact analysis of various factors in the Omega 3 (EPA/DHA) Ingredients market growth?
- What are the recent trends in the regional market and how successful they are?
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