Omega-3 Global Market Report 2024

Omega-3 refers to a type of fatty acids crucial for the human body. It is found in fatty fish, fish oils, flax seeds, chia seeds, linseed oil, and walnuts, offering various health benefits. These include lowering blood pressure, reducing triglycerides, slowing the formation of arterial plaque, decreasing the risk of abnormal cardiac rhythm, reducing the likelihood of heart attack and stroke, and lowering the risk of sudden cardiac death in individuals with heart conditions.

The primary types of omega-3 include ALA (alpha-linolenic acid), DHA (docosahexaenoic acid), and EPA (eicosapentaenoic acid). Alpha-linolenic acid (ALA) products are derived from short-chain omega-3 fatty acids found in plant products like flaxseed and soybean oils. These products are used for cardiovascular diseases such as hardening of the arteries, heart disease, and high blood pressure. They are extracted from various sources, including plants, vegetable oil, nuts and seeds, soy, and marine sources. Omega-3 supplements are distributed through diverse channels, including supermarkets, hypermarkets, pharmacies, drug stores, online retailers, and others. Applications of omega-3 products span supplements and functional foods, pharmaceuticals, infant formula, animal feed, pet food, and more.

The omega-3 market research report is one of a series of new reports that provides omega-3 market statistics, including omega-3 industry global market size, regional shares, competitors with a omega-3 market share, detailed omega-3 market segments, market trends and opportunities, and any further data you may need to thrive in the omega-3 industry. This omega-3 market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The omega-3 market size has grown strongly in recent years. It will grow from $3.11 billion in 2023 to $3.35 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth observed in the historical period can be attributed to factors such as heightened consumer awareness, an aging population, regulatory support, an increased demand for omega-3 in the pharmaceutical industry, and a growing demand for omega-3 in the nutraceuticals and supplements industry.

The omega-3 market size is expected to see strong growth in the next few years. It will grow to $4.76 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The projected growth in the forecast period can be attributed to factors such as the rising prevalence of cardiovascular diseases, an upsurge in demand for nutritional supplementation for pregnant women, increased consumption of enhanced medicines for treating and preventing chronic diseases, a growing demand for omega-3 in the infant formula industry, and an increasing demand for omega-3 in the fish feed industry. Key trends expected in the forecast period include the emergence of plant-based omega-3 sources, the development of combination products, an increasing focus on research and development activities, a growing demand for krill oil as a source of omega-3, and the integration of omega-3 in beauty and personal care products.

The Omega-3 market is set to experience growth driven by the increasing global demand for immunity-boosting dietary supplements. Such supplements play a vital role in managing health and preventing diseases, encouraging individuals worldwide to invest in products that enhance general well-being. The expenditure on immunity-boosting dietary supplements has risen significantly, with people seeking to fortify themselves against emerging viruses and health-related challenges. In the United States, for instance, the health and wellness food and beverage sector saw retail sales increase to $191.9 billion in 2021, compared to $191.7 billion in 2020, according to Agriculture and Agri-Food Canada. The category is projected to reach $218.1 billion in 2025, reflecting a 13.8% increase from 2021. As the demand for immunity-boosting supplements grows, the Omega-3 market is poised to benefit during the forecast period.

The Omega-3 market is also expected to witness growth due to the rise in chronic diseases. Chronic illnesses, persisting for three months or more, are becoming increasingly prevalent, particularly those related to heart health. Omega-3 fatty acids, particularly EPA and DHA, are sought after as heart-healthy supplements due to their proven benefits in reducing triglycerides, lowering blood pressure, and improving cardiovascular function. The National Library of Medicine reports a projected 99.5% increase in individuals aged 50 and older with one or more chronic illnesses by 2050, reaching 142.66 million, up from 71.522 million in 2020 in the United States. This surge in chronic diseases is expected to be a driving factor for the Omega-3 market.

Technological advancements are a prominent trend in the Omega-3 market, with manufacturers focusing on innovative approaches to enhance product quality. Advanced technologies are employed to remove environmental pollutants, minimize oxidation, and concentrate the omega-3 content in the final product, ensuring optimal delivery of health benefits. For example, Sweden-based omega-3 maker Smartfish has introduced manufacturing techniques that prevent oil oxidation and provide high-temperature resistance. Enzymotec utilizes Multi-Stage Oil (MSO) extraction technology to produce krill oil, K-REAL, which is clinically proven to be more efficient than fish oil in increasing omega-3 levels in human blood.

Major companies in the Omega-3 market are investing in the development of algae oil products to stay competitive and expand their dietary supplement offerings. AlgaVia, a product line by Corbion N.V., offers ingredients rich in omega-3 and omega-9 fatty acids produced through algal fermentation. This approach not only supports human health but also emphasizes environmental sustainability by reducing the impact on marine resources and the carbon footprint associated with production. In August 2023, Corbion N.V. introduced the AlgaVia product line, providing supplement manufacturers with access to high concentrations of omega-3s and omega-9s for brain function, immune support, vision, and heart health.

In April 2023, Cerea Partners acquired Polaris, a dietary supplement manufacturer specializing in omega-3 solutions, aiming to strengthen expertise in microalgae oils, expand global presence, and explore new applications in areas like infant nutrition and food. The acquisition underscores the commitment to innovation and growth in the Omega-3 market.

Major companies operating in the omega-3 market include Royal DSM Naamloze Vennootschap, BASF SE, Lonza Group AG, Epax Norway AS, Croda International PLC, Reckitt Benckiser Group PLC, Sanofi SA, Unilever PLC, Amway Corp., Nestle SA, Aker Biomarine Antarctic AS, Orkla Health, Omega Protein Corp., GC Reiber Oils, BioProcess Algae LLC, Koninklijke DSM N.V., Cargill Incorporated, FMC Corporation, Corbion, KD Pharma, Nordic Naturals, Pharmavite LLC, Carlson Laboratories, Garden of Life, NOW Foods, Solgar Inc., Source Naturals Inc., Barlean's Organic Oils, Jarrow Formulas, Bluestar Adisseo Company

North America was the largest region in the omega-3 market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the omega-3 market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the omega-3 market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The omega 3 market consists of sales of fish and seafood, nut, seeds, plant oils. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.