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Omega 3 Market - Worldwide Industry Size, Regional Demand & Forecast To 2028

09-27-2019 10:15 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INSIGHTS

Omega 3

Omega 3

Omega 3 are fatty acids essential for humans; it is commonly found in fatty fish, flax seeds, walnuts, chia seeds, etc, Therefore, the people who do not consume enough of these foods require supplements of omega 3.

There has been an increase in the demand for omega 3-based products for counter health issues such as cardiovascular diseases, high blood pressure, age-related muscular degeneration, neurodegenerative diseases, etc.

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Moreover, growing awareness about the benefits of omega 3 fatty acids globally due to effective advertising by major manufacturers is expected to fuel the growth of the market.

North America is expected to witness the highest demand for Omega 3 products due to the increased use of omega 3 in the pharmaceutical industry of this region.

The Asia Pacific region is expected to account for a significant share of the market due to the rising demand for the product, extensive consumption of fish oil on a daily basis, and the growing cultivation of krill fish in the Indian Ocean and the South China Sea, which is one of the main sources of omega 3. This market in the European region is expected to witness steady growth due to the rise in the ageing population.

Key Factors Impacting Market Growth:

-The rising number of health-conscious consumers
-Ability to fight depression and anxiety, improve mental disorders
-High doses resulting in a weak immune system

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Market Segmentation:

By Type:

ALA (alpha-linolenic acid)
EPA (eicosapentaenoic acid)
DHA (docosahexaenoic acid)
Others

By Application:

Supplement & Functional Foods
Pharmaceuticals
Instant Formulas
Pet & Animal Feed

By Region:

North America
By Country (US, Canada, Mexico)
By Types
By Application
Western Europe:
By Country (Germany, UK, France, Spain, Rest of Western Europe)
By Types
By Application
Eastern Europe:
By Country (Russia, Turkey, Rest of Eastern Europe)
By Types
By Application
Asia Pacific
By Country (China, Japan, India, Rest of Asia Pacific)
By Types
By Application
Middle East:
By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
By Types
By Application
Rest of the World
By Region (Latin America, Brazil, Rest of the World)
By Types
By Application

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Companies Covered: Cargill, Incorporated, FMC Corporation, Croda International Plc, Royal DSM, OLVEA Fish Oils, Omega Protein Corporation, GC Rieber Oils, Luhua Biomarine (Shandong) Co., Ltd., Pharma Marine AS, and Polaris

Quince Market Insights
Pune - 411028
Email: sales@quincemarketinsights.com
Website: https://quincemarketinsights.com/
Phone: + 91-2026992033

Quince Market Insights is a global market research and consulting company publishing syndicate studies as well as consulting assignments about market opportunities that promise high growth in the future. The company also provides information on different research practices such as competitive analysis, product mapping, value chain analysis, etc., assisting clients in strategic decision-making.

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