Omega 3 Supplements Market Geographic Segmentation, Analysis by Types and Regions and Forecast to 2025
29th Oct 2020 - Global Omega 3 Supplements Market is anticipated to reach USD 57.07 billion by 2025 owing to the growing application along with increasing demand from the infant formula. Omega 3 supplements (also known as ω-3 fatty acids or n-3 fatty acids) are combination of polyunsaturated fatty acids that are important for multiple functions in human body. Few types of omega 3 supplements are found in food products like shellfish and fatty fish, others are observed in vegetable oils and rest are found in dietary supplements.
Omega 3 supplements are
also linked to healthy aging throughout life. Recently researched, EPA and DHA
(eicosapentaenoic acid and docosahexaenoic acid) are being associated with
fetal development, Alzheimer’s disease, and cardiovascular function. Human body
is unable to produce omega 3 supplements from the marine sources and therefore
it becomes necessary to obtain high amount of protein through fish-oil and fish
products. EPA and DHA are not only essential for the fetal development but also
necessary for neuronal, immune and retinal function.
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Rising environmental
pollutants that are affecting the marine life are the reason for the increased
production cost of products. Some market players are opting to substitutes like
plant-based and krill-based by including krill oil, fish oil, etc. to control
product costs. These products possess medical benefits like improving heart
health, lowering the blood pressure and reducing triglycerides, which are also
likely to boost the demand for krill oil.
The growing demand from
end-users and the rise in awareness among consumers concerning healthy eating
and health benefits of omega 3 supplements are the major drivers of omega 3
supplement industry. However, the strict regulations and high cost are
projected to hinder the market in the forecast period.
Additionally, Asia
Pacific are estimated to register considerable growth in comparison to
saturated markets of North America and Europe. Omega- 3 supplements market is
also expected to reduce due to low cost of vegetative sources like vegetable
oils, soya products and nuts & seeds. The production from these vegetative
sources is currently on the rise form the global economies.
Several factors like
government efforts to educate consumers and offer superior healthcare services
and urbanization are projected to fuel the use of omega 3 supplement products.
Additionally, growing consumer willingness to spend on the omega-3 supplement
products are estimated to display a positive outlook on the omega 3 supplement
market. The rising opportunities from the sports nutrition market owing to
growing preference for leading an active lifestyle along with rising awareness
for about omega 3 benefits are projected to play major role in the growth of
omega 3 supplements industry.
Omega 3
Supplements Application Outlook (Revenue, USD Million, 2014 - 2025)
• Infant Formula
• Food & Beverages
• Nutritional Supplement
• Pharmaceutical
• Pet & Animal Feed
• Clinical Nutrition
The key
omega 3 supplements industry players profiled here comprise Omega Protein Corporation, Royal DSM, FMC
Corporation, Croda International Plc, Cargill Incorporated, OLVEA Fish Oils, GC
Rieber Oils, Polaris, LuhuaBiomarine (Shandong) Co., Ltd., and Pharma Marine
AS.
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Omega 3 Supplements Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Spain
• Italy
• Asia Pacific
• China
• Japan
• India
• Central & South America
• Brazil
• Middle East & Africa
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