The Europe Omega 3 Supplements Market is expected to witness market growth of 8.3% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Omega 3 Supplements Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $872.8 million by 2031. UK market is exhibiting a CAGR of 7.4% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 9.1% during 2024-2031.
The growth of the market reflects broader societal trends, such as the increasing prioritization of wellness, the rise of personalized nutrition, and a growing emphasis on sustainability. Valued at billions of dollars globally, the market encompasses diverse products, from traditional fish oil capsules to plant-based alternatives derived from algae and seeds. This diversity caters to varying dietary needs, including vegetarians, vegans, and individuals with fish allergies.
Moreover, according to recent statistics, the number of vegans in South Africa has doubled in the past five years alone, with an estimated 1% of the population identifying as vegans. Also, as per the U.S. Department of Agriculture, Germany has the highest rate of vegetarianism compared to its European neighbours, and the number of vegans reached over 1.5 million people in 2022.
Europe is witnessing steady growth, driven by increasing health concerns and a growing focus on preventive healthcare. The rising prevalence of neurological disorders and the significant burden of respiratory diseases across the European Union (EU) are key factors fuelling the demand for Omega-3 supplements. With mounting scientific evidence supporting the role of Omega-3 fatty acids in brain health and inflammation reduction, European consumers are increasingly incorporating these supplements into their daily routines. As awareness grows and healthcare systems emphasize disease prevention, the market in Europe is poised for expansion.
The Germany market dominated the Europe Omega 3 Supplements Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $872.8 million by 2031. UK market is exhibiting a CAGR of 7.4% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 9.1% during 2024-2031.
The growth of the market reflects broader societal trends, such as the increasing prioritization of wellness, the rise of personalized nutrition, and a growing emphasis on sustainability. Valued at billions of dollars globally, the market encompasses diverse products, from traditional fish oil capsules to plant-based alternatives derived from algae and seeds. This diversity caters to varying dietary needs, including vegetarians, vegans, and individuals with fish allergies.
Moreover, according to recent statistics, the number of vegans in South Africa has doubled in the past five years alone, with an estimated 1% of the population identifying as vegans. Also, as per the U.S. Department of Agriculture, Germany has the highest rate of vegetarianism compared to its European neighbours, and the number of vegans reached over 1.5 million people in 2022.
Europe is witnessing steady growth, driven by increasing health concerns and a growing focus on preventive healthcare. The rising prevalence of neurological disorders and the significant burden of respiratory diseases across the European Union (EU) are key factors fuelling the demand for Omega-3 supplements. With mounting scientific evidence supporting the role of Omega-3 fatty acids in brain health and inflammation reduction, European consumers are increasingly incorporating these supplements into their daily routines. As awareness grows and healthcare systems emphasize disease prevention, the market in Europe is poised for expansion.
List of Key Companies Profiled
- Nordic Naturals, Inc.
- Nutrigold Inc.
- Reckitt Benckiser Group PLC
- Aker BioMarine AS
- NOW Foods, Inc.
- Nature's Bounty (Nestlé Health Science S.A.) (Nestle S.A.)
- Amway Corporation
- New Chapter, Inc. (Procter & Gamble Inc.)
- GNC Holdings, LLC
- Pharmavite LLC (Otsuka Pharmaceutical Co., Ltd.)
Market Report Segmentation
By Functionality
- Cardiovascular Health
- Brain, Nervous System & Mental Health
- Eye Diseases
- Diabetes
- Other Functionality
By End Use
- Adults
- Geriatric
- Pregnant Women
- Children
- Infants
By Source
- Fish Oil
- Algae Oil
- Krill Oil
- Other Source
By Distribution Channel
- Supermarkets/ Hypermarkets/Food Stores
- Drug Stores & Pharmacies
- Online Retailers
- Prescribed
- Other Distribution Channel
By Form
- Soft Gels
- Capsules
- Tablets
- Other Form
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 5. Europe Omega 3 Supplements Market by Functionality
Chapter 6. Europe Omega 3 Supplements Market by End Use
Chapter 7. Europe Omega 3 Supplements Market by Source
Chapter 8. Europe Omega 3 Supplements Market by Distribution Channel
Chapter 9. Europe Omega 3 Supplements Market by Form
Chapter 10. Europe Omega 3 Supplements Market by Country
Chapter 11. Company Profiles
Companies Mentioned
- Nordic Naturals, Inc.
- Nutrigold Inc.
- Reckitt Benckiser Group PLC
- Aker BioMarine AS
- NOW Foods, Inc.
- Nature's Bounty (Nestlé Health Science S.A.) (Nestle S.A.)
- Amway Corporation
- New Chapter, Inc. (Procter & Gamble Inc.)
- GNC Holdings, LLC
- Pharmavite LLC (Otsuka Pharmaceutical Co., Ltd.)
Methodology
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