EPA/DHA (Omega 3) Market to see Rapid Growth by 2029

EPA/DHA (Omega 3) market is anticipated to grow at a significant CAGR during the forecast period. The major factor driving the growth of the market is the rising consumer preference towards high-quality supplement products due to stressful and hectic lifestyles across the globe. Additionally, Omega 3 dietary supplements are combined with regular exercise to support improve metabolic and CVD health. Furthermore, they also support to reduce the risk of heart diseases.

Additionally, the market is also growing due to the increasing application of Omega 3 across several industries such as pharmaceutical, food & beverages, among others. However, the growth of the market is hampered due to fluctuating costs & slow approval processes.

Some major players operating in the market include BASF SE, Koninklijke DSM N.V., Croda International plc, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in December 2019, Polaris announced the launch of ultra-purified algal Omega-3 oil. It has a DHA content of 700mg/g.

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Market Coverage

· The market number available for - 2022-2029

· Base year- 2022

· Forecast period- 2023-2029

Segment Covered-

· By Source

· By Application

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

Competitive Landscape- BASF SE, Koninklijke DSM N.V., and Croda International plc, among others.

EPA/DHA (Omega 3) Market Report by Segment

By Source

· Anchovy/Sardine Oil

· High Concentrates

· Medium Concentrates

· Low Concentrates

· Algae Oil

· Tuna Oil

· Cod Liver Oil

· Salmon Oil

· Krill Oil

· Menhaden Oil

By Application

· Dietary supplements

· Pharmaceuticals

· Functional Foods

· Pet & Animal Feed

· Infant Formulas

A full Report of EPA/DHA (Omega 3) Market is Available @ https://www.omrglobal.com/industry-reports/epa-dha-Omega-3-market

EPA/DHA (Omega 3) Market Report by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

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2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

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