Omega-3 Market Overview: Projected Growth to USD 8.5 Billion by 2025

The omega-3 market reached an estimated value of USD 4.1 billion in 2019, and it is anticipated to witness a robust CAGR of 13.1%, reaching USD 8.5 billion by 2025. The surge in consumer awareness regarding the health benefits of omega-3, coupled with the exploration of new markets and application profiles, is expected to propel industry growth.

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Dominance of Dietary Supplements:

The dietary supplements segment is anticipated to dominate the market during the forecast period. Despite the presence of naturally rich omega-3 food products, consumers are increasingly turning to supplements to ensure an adequate daily intake. Capsules offer a convenient and regulated way for individuals to meet their omega-3 requirements.

Marine Source Leading the Way:

The marine source of omega-3 fatty acids is projected to hold the largest market share, attributed to the high EPA and DHA content in oily fish like salmon and tuna. Manufacturers are responding to the growing demand for EPA and DHA by producing marine-based omega-3 supplements.

DHA Takes Center Stage:

Within the omega-3 market, docosahexaenoic acid (DHA) claims the largest market share. DHA's cognitive functionalities have captured consumer attention, especially for infant brain development and normal adult brain functioning.

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North America at the Helm:

In 2018, North America secured the largest market share, led by the United States, where fish oil-sourced omega-3 capsules are preferred as dietary supplements. Key players such as Cargill, Epax Norway AS, DSM, and Arista Industries leverage innovative technologies to meet the demand for value-added omega-3 products in the region. Omega-3 deficiency among the US and Canadian populations significantly contributes to the heightened demand for omega-3-based products.

Key Market Players:

Prominent market players shaping the omega-3 industry include Cargill, BASF, DSM, Orkla Health, Croda International, Lonza, KD Pharma, Corbion, GC Rieber, Epax, Runke Bioengineering, Nordic Naturals, Golden Omega, Kinomega, Sinomega, Polaris, Pharma Marine, Huatai Biopharm, Algisys, and Biosearch Life. These entities employ innovative technologies to enhance productivity and meet the evolving demands of consumers for omega-3 products.

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