The Global Omega 3 Fatty Acids Market is projected to reach USD 4.5 billion by 2030. The Omega 3 Fatty Acids market is fueled by the rising awareness for food nutrition and dietary improvements. Also, various factors such as the developing economies and subsequently increasing income of consumers, adoption of e-commerce and m-commerce platforms, and demand for the overall organic supplements & functional foods are expected to create enforcements in the market.

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While dietary improvement is a desirable goal for many common individuals ranging in various age bands, changing dietary patterns seems extremely hard for most of them also. Thus, it is becoming a common practice that many people are consuming additional dietary supplements to augment the daily intake of nutrients so that they may lead a healthier lifestyle. Additionally, rising numbers of patients with heart diseases, inflammatory bowel diseases, and eyesight problems, among others, are the reasons the demands for the omega 3 are being raised.

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Key Players covered in this report are

  • FMC Corporation
  • BASF SE
  • Dow Chemical Company
  • Cargill, Incorporated
  • Ocean Nutrition Canada Limited (ONC)
  • Lonza
  • Arista Industries
  • Epax Norway AS
  • Omega Protein Corporation
  • Clover Corporation Limited

Further key findings from the report suggest

  • Owing to the unavailability of certain seafoods or fishes, a deficiency of the omega 3 has been observed amongst the children. Even many adults are suffering from malnutrition and being diagnosed with many chronic diseases. An immense demand for the omega 3 supplements have been estimated to get rid of those complexities and diseases.
  • The overall dietary supplement sales for children are expected to rise during the forecast period. It was observed that Chinese and Indian parents were willing to spend relatively large amounts of money on the health of their children in relation to the family income.
  • A new trend emerging in the dietary supplements market is the need to use organic or sustainable ingredients. This trend is being driven by two fundamental shifts in this industry: the need to consume ‘healthier’ ingredients and consumers’ increasing concerns for sourcing ‘sustainable’ products
  • In March 2020, Wiley Companies, an Omega 3 Fatty Acids fish oil manufacturer, revealed its formulations of a new Omega 3 Fatty Acids concentrate in powder form. This was the first launch from the company in terms of the powder formulation.
  • In December 2019, Nordic Investment Bank & the Norwegian producer of the pelagic fish products, Pelagia Holding AS refinanced for the acquisition of Epax Norway AS, a renowned omega 3 fatty acid producer.

Type Outlook (Revenue, USD Billion; 2019–2032)

  • Docosahexaenoic Acid (DHA)
  • Eicosapentaenoic Acid (EPA)
  • Alpha-Linolenic Acid (ALA)

Source Outlook (Revenue, USD Billion; 2019–2032)

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

End-Use Outlook (Revenue, USD Billion; 2019–2032)

  • Nutraceuticals & Supplements
  • Food & Beverages
  • Pharmaceuticals
  • Personal Care
  • Infant Formulas
  • Fish Feed
  • Others

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Key Regional Markets Covered in the Report:

  • North America (U.S., Canada, Mexico)
  • Europe (U.K., Italy, Germany, Spain, France, BENELUX, Rest of Europe)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Major Points covered in this report are as below:

• The Omega 3 industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.

• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.

• The Omega 3 Market report provides key statistics on the market status of the Omega 3 manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

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