Press release
2028 Omega-3 Concentrates Industry Report Growth Forecasts
Stratistics MRC’s Global Omega-3 Concentrates Market value expected to reach $3,351.79 million growing at a CAGR of 8.3% during 2020-2028.Omega-3 concentrates refer to highly concentrated oils comprising the EPA and DHA in sufficient amounts. These concentrates are obtained from omega-3 rich fats processed to have EPA or DHA in higher concentrations. Omega-3 is a vital building block for the development and maturation of an infant's brain and retina. The omega-3 concentrates are mainly derived from oils such as algal oil, calamari oil, and fish oil. These concentrates are also available in powdered forms and find their application in supplement manufacturing and are also used as a pharmaceutical-grade component.
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Based on end user, the supplements segment is estimated to have a lucrative growth due to the significant increase in consumer spending on supplement products that contain fish oils, vitamins, minerals, and other ingredients. Omega-3 supplements, when consumed with regular exercise, help in enhancing cardiovascular and metabolic health. The deficiency of omega-3 is resulting in cardiovascular diseases in humans. Hence, consumers are taking supplements to overcome the deficiency, and due to omega-3 concentrates, consumers can take a fewer amount of supplements and get adequate nutrition.
Some of the key players profiled in the Omega-3 Concentrates Market include BASF SE, AlaskOmega, Australian Omega Oils, Croda, DSM Nutritional Products AG, Epax Norway, GC Rieber VivoMega AS, Golden Omega S.A, K Pharmtech Co., Ltd, Nordic Naturals, Inc, Norwegian Fish Oil, Orkla Health, Polaris, Sinomega, and Stepan Specialty Products.
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Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
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Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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