Omega 3 Supplements Market Trends 2021, Revenue and Size Analysis by Regions

Global Omega 3 Supplements Market is valued approximately at USD 5.18 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 8.4% over the forecast period 2020-2027.

Report Ocean presents a new report on Omega 3 Supplements Market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market’s future.

Omega-3 is a polyunsaturated fatty acid that cannot be synthesized in the human body. Thus, consumers consume omega-3 from plant and animal sources in the form of supplements. These supplements are derived from sources such as algae oil, krill oil, fish oil, and others. Omega 3 supplements are available in the form of capsules, tablets, soft gels and others and contains vitamin A, vitamin D3, vitamin E, lycopene, carotenoids, and omega-3 fatty acids. The growing health consciousness among consumers and rising awareness regarding chronic diseases encourages the growth of Omega 3 Supplements Market.

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For instance: according to American Hospital Association, the number of Americans with chronic medical conditions was 149 million in 2015 and is anticipated to rise to 164 million of Americans suffering from chronic medical conditions in 2025. Furthermore, the rising advancements and other strategic alliance by market key players will create a lucrative demand for this market. For instance: on 12th June 2019, KD Pharma Group launched K2ardio3TM, solution to maintain healthy lipids (triglycerides and cholesterol) and blood vessels and support cardiovascular health. The product includes Omega-3s, Vitamin K2 and phytosterol, a complete lipid and blood vessel management in one product. However, lower fish oil supply due to sustainability issues among fisheries is the major factor restraining the growth of global Omega 3 Supplements market during the forecast period.

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The regional analysis of global Omega 3 Supplements Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the vast population facing increased obesity levels and lifestyle-related diseases on account of their dietary habits and availability of several processed and ready-to-eat foods, which are not fundamentally benefiting their health. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
Nordic Naturals, Inc.
NutriGold Inc.
Reckitt Benckiser Group plc
Pharma Nord B.V
i-Health, Inc.
Aker BioMarine AS
Luhua Biomarine (Shandong) Co., Ltd.
Pharmavite LLC
KD Pharma Group
NOW Foods

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Source:
Fish Oil
Krill Oil
Algae Oil
Others

Form:
Tablets
Capsules
Soft gels
Others

By Functionality:
Cardiovascular Health
Brain, Nervous System & Mental Health
Eye Diseases
Diabetes
Others

By End-User:
Adults
Geriatric
Pregnant Women
Children
Infants

By Distribution Channel:
OTC
Prescribed

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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

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What are the aspects of this report that relate to regional analysis?

The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.
Reports on the market include the growth rates of each region, which includes their countries, over the coming years.
How are the key players in the market assessed?
This report provides a comprehensive analysis of leading competitors in the market.
The report includes information about the key vendors in the market.
The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.
The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.
A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.

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