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The omega-3 fatty acid market is forecasted to grow by USD 908.4 million during 2024-2029, accelerating at a CAGR of 5.5% during the forecast period. The report on the omega-3 fatty acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing awareness of health benefits, increasing prevalence of chronic diseases, and rising geriatric population.
The omega-3 fatty acid market is segmented as below:
By Source
- Concentrates
- Fish oil
- Algae oil
- Others
By Application
- Dietary supplements
- Functional food
- Infant formulae
- Pharmaceuticals
- Animal feed
By Geographical Landscape
- North America
- Asia
- Europe
- Rest of World (ROW)
This study identifies the new launches by vendors as one of the prime reasons driving the omega-3 fatty acid market growth during the next few years. Also, partnerships and collaborations and use of molecular distillation technology will lead to sizable demand in the market.
The report on the omega-3 fatty acid market covers the following areas:
- Omega-3 Fatty Acid Market sizing
- Omega-3 Fatty Acid Market forecast
- Omega-3 Fatty Acid Market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading omega-3 fatty acid market vendors that include Aker BioMarine ASA, Arctic Nutrition Oy, BASF SE, Cargill Inc., Corbion nv, Croda International PLC, Epax, FERMENTALG, GC Rieber VivoMega AS, Golden Omega S.A., KD Pharma Group, Koninklijke DSM NV, Lonza Group Ltd., Nordic Naturals Inc., Novotech Nutraceuticals Inc., Nufarm Ltd., OLVEA Group, Omega Protein Corp., Pharma Marine AS, and Polaris. Also, the omega-3 fatty acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
Executive Summary
The following companies are recognized as the key players in the global omega-3 fatty acid market: Aker BioMarine ASA, Arctic Nutrition Oy, BASF SE, Cargill Inc., Corbion nv, Croda International Plc, Epax, FERMENTALG, GC Rieber VivoMega AS, Golden Omega S.A., KD Pharma Group, Koninklijke DSM NV, Lonza Group Ltd., Nordic Naturals Inc., Novotech Nutraceuticals Inc., Nufarm Ltd., OLVEA Group, Omega Protein Corp., Pharma Marine AS, and Polaris.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is new launches by vendors."
According to the report, one of the major drivers for this market is the growing awareness of health benefits.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aker BioMarine ASA
- Arctic Nutrition Oy
- BASF SE
- Cargill Inc.
- Corbion nv
- Croda International Plc
- Epax
- FERMENTALG
- GC Rieber VivoMega AS
- Golden Omega S.A.
- KD Pharma Group
- Koninklijke DSM NV
- Lonza Group Ltd.
- Nordic Naturals Inc.
- Novotech Nutraceuticals Inc.
- Nufarm Ltd.
- OLVEA Group
- Omega Protein Corp.
- Pharma Marine AS
- Polaris