Omega 3 Market to Reach USD 9.25 Billion By 2032, Fueled by Growing Demand for Functional Foods and Supplements

The Global Omega-3 Market is projected to reach USD 9.25 by 2032. The Omega-3 market is fueled by the rising awareness for food nutrition and dietary improvements. Also, various factors such as the developing economies and subsequently increasing income of consumers, adoption of e-commerce and m-commerce platforms, and demand for the overall organic supplements & functional foods are expected to create enforcements in the market.

Avocado benefits, avocado benefits for skin, avocado nutrition, avocado benefits for hair, avocado oil benefits, avocado recipes, omega-3 fatty acids for dogs, omega-3 fatty acids benefits, omega-3 fatty acids capsules, omega-3 foods, omega-3 capsules, omega-3 fish oil, fish oil supplements, fish oil pills, fish oil dosage, omega-3 supplements vegan, omega-3 weight loss, to name a few are some of the most crucial corresponding factors and topics that have been influencing the market growth in many ways, have been additionally discussed in details in the report.

While dietary improvement is a desirable goal for many common individuals ranging in various age bands, changing dietary patterns seems extremely hard for most of them also. Thus, it is becoming a common practice that many people are consuming additional supplements to augment the daily intake of nutrients so that they may lead a healthier lifestyle. Additionally, rising numbers of patients with heart diseases, inflammatory bowel diseases, and eyesight problems, among others, are the reasons the demands for the omega 3 are being raised.

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Key Players covered in this report are

FMC Corporation
BASF SE
Dow Chemical Company
Cargill, Incorporated
Ocean Nutrition Canada Limited (ONC)
Lonza
Arista Industries
Epax Norway AS
Omega Protein Corporation
Clover Corporation Limited

Further key findings from the report suggest

Owing to the unavailability of certain seafoods or fishes, a deficiency of the omega 3 has been observed amongst the children. Even many adults are suffering from malnutrition and being diagnosed with many chronic diseases. An immense demand for the omega 3 supplements have been estimated to get rid of those complexities and diseases.
The overall supplement sales for children are expected to rise during the forecast period. It was observed that Chinese and Indian parents were willing to spend relatively large amounts of money on the health of their children in relation to the family income.
A new trend emerging in the supplements market is the need to use organic or sustainable ingredients. This trend is being driven by two fundamental shifts in this industry: the need to consume 'healthier' ingredients and consumers' increasing concerns for sourcing 'sustainable' products
In March 2020, Wiley Companies, an Omega-3 fish oil manufacturer, revealed its formulations of a new omega-3 concentrate in powder form. This was the first launch from the company in terms of the powder formulation.
In December 2019, Nordic Investment Bank & the Norwegian producer of the pelagic fish products, Pelagia Holding AS refinanced for the acquisition of Epax Norway AS, a renowned omega 3 fatty acid producer.

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Type Outlook (Revenue, USD Billion; 2019-2032)

Docosahexaenoic Acid (DHA)
Eicosapentaenoic Acid (EPA)
Alpha-Linolenic Acid (ALA)

Source Outlook (Revenue, USD Billion; 2019-2032)

Marine
Vegetable Oils
Nuts and Seeds
Soya and Soya Products
Others

End-Use Outlook (Revenue, USD Billion; 2019-2032)

Nutraceuticals & Supplements
Food & Beverages
Pharmaceuticals
Personal Care
Infant Formulas
Fish Feed
Others

Key Regional Markets Covered in the Report:

North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, Spain, France, BENELUX, Rest of Europe)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Major Points covered in this report are as below:

• The Omega 3 industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.

• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.

• The Omega 3 Market report provides key statistics on the market status of the Omega 3 manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

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