Press release
What's driving the Omega-3 Market trends? DSM, BASF, EPAX, Golden Omega, TASA, Omega Protein, Croda, KD Pharma (Marine Ingredients), GC Rieber, Polaris, Auqi, Kinomega, Skuny, Xinzhou, Anti-Cancer, Sinomega, Orkla Health, LYSI, OLVEA Fish Oils
Omega-3 Market
According to this study, over the next five years the Omega-3 market will register a 6.1% CAGR in terms of revenue, the global market size will reach US$ 14900 million by 2024, from US$ 10400 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Omega-3 business.
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The key manufacturers covered in this report:
• DSM
• BASF
• EPAX
• Golden Omega
• TASA
• Omega Protein
• Croda
• KD Pharma (Marine Ingredients)
• GC Rieber
• Polaris
• Auqi
• Kinomega
• Skuny
• Xinzhou
• Anti-Cancer
• Sinomega
• Orkla Health
• LYSI
• OLVEA Fish Oils
• Hofseth BioCare
• Nippon Suisan Kaisha
• Bioprocess Algae
• Shandong Yuwang Pharmaceutical
• Maruha Nichiro Foods
• Solutex
Omega-3, also called -3 fatty acids or n-3 fatty acids, are polyunsaturated fatty acids (PUFAs) with a double bond (C=C) at the third carbon atom from the end of the carbon chain. Three types of omega-3 PUFA involved in human physiology are -linolenic acid (ALA) (found in plant oils), eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) (both commonly found in marine oils). They are considered essential fatty acids and necessary for human health but the body cant make them. Also they play a role in brain health as well as normal growth and development.
Currently, omega-3 is mainly distributed in Europe, North America, South America and China. Europe was the largest consumption region holding 37.40% of global share, while China consumption takes only 7.75% of global omega-3 in 2016. Manufactures are limited by regional distribution of fish resources. This industry is mainly concentrated in areas which have rich aquatic resources.
The market concentrate is rather dispersion, DSM, BASF, EPAX, Golden Omega, TASA, Omega Protein, Croda, Marine Ingredients, GC Rieber, Polaris are main manufacturers and the total share of top 3 is 37.67% in 2016, and the top 5 takes 48.30% of global production.
This report presents a comprehensive overview, market shares, and growth opportunities of Omega-3 market by product type, application, key manufacturers and key regions and countries.
This study considers the Omega-3 value and volume generated from the sales of the following segments:
Segmentation by product type:
Marine Omega-3
Algae Omega-3
Segmentation by application:
Dietary Supplements
Fortified Food and Beverage
Infant Formula
Pharmaceuticals
Pet Foods
Others
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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Research objectives
To study and analyze the global Omega-3 consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Omega-3 market by identifying its various subsegments.
Focuses on the key global Omega-3 manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Omega-3 with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Omega-3 submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Omega-3 Consumption Market Report
1 Scope of the Report
2 Executive Summary
3 Global Omega-3 by Players
4 Omega-3 by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global Omega-3 Market Forecast
12 Key Players Analysis
13 Research Findings and Conclusion
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