Omega-3 Market May See Big Move: BASF, Golden Omega, Nordic Naturals

The latest study released on the Global Omega-3 Market by HTF MI evaluates market size, trend, and forecast to 2029. The Omega-3 market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts, and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

Key Players in This Report Include: Aker BioMarine (United States), Ocean Nutrition Canada (United States), Epax Norway AS (United States), Nordic Naturals (United States), DSM Nutritional Products AG (Switzerland), Omega Protein Corporation (Netherlands), Golden Omega S.A. (Spain), GC Rieber Oils AS (Norway), Corbion N.V. (Netherlands), BASF SE (Germany)

According to HTF Market Intelligence, the global Omega-3 market is valued at USD 2.26 Million in 2023 and is estimated to reach a revenue of USD 3.61 Million by 2029, with a CAGR of 8.12% from 2023 to 2029.

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Definition:
Omega-3 refers to the class of essential fatty acids found in fish oils. The ingredients in Omega-3 have diverse applications in the health or medical benefits, including the prevention and treatment of various chronic diseases such as high blood pressure, cardiovascular diseases, and cancer. Moreover, According to the U.S. Food and Drug Administration (FDA), the use of omega-3 fatty acids in food or dietary supplements can reduce the risk of coronary heart disease and hypertension. Increasing demand for dietary supplements enhancing the growth of the omega-3 market as there has been a rise in demand for pharma-grade omega 3 in the last few years. Moreover, technological advancement in the medical science and food industry expected to drive the demand for the omega 3 market over the forecasted period.

Market Trends:
Rising Applications in the Pharmaceuticals & Functional Foods
Technological Advancement in the Manufacturing Techniques of Omega-3

Market Drivers:
Increasing Consumer Awareness Regarding Health Benefits of Omega-3
Growing Focus on Preventive Healthcare Measures

Market Opportunities:
Increasing Usage in the Active Pharmaceutical Ingredient (API)
Rising Demand from the Developing Economies

Target Audience:
Omega-3 Manufacturers
Omega-3 Suppliers and Distributors
Analysts and Strategic Business Planners
Research and Development Institutes
New Entrants and Investors
Government Bodies
Others

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The Global Omega-3 Market segments and Market Data Break Down are illuminated below:
Omega-3 Market is Segmented by Application (Supplements & Functional Foods, Pharmaceuticals, Infant Formula, Animal Feed & Pet Food, Others) by Type (Docosahexaenoic Acid (DHA), Eicosapentaenoic Acid (EPA), Alpha-linolenic Acid (ALA)) by Source (Marine Source, Plant Source) and by Geography (North America, South America, Europe, Asia Pacific, MEA)

Global Omega-3 market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report
• -To carefully analyze and forecast the size of the Omega-3 market by value and volume.
• -To estimate the market shares of major segments of the Omega-3
• -To showcase the development of the Omega-3 market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Omega-3 market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Omega-3
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Omega-3 market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Major highlights from Table of Contents:
Omega-3 Market Study Coverage:
• It includes major manufacturers, emerging player's growth story, and major business segments of Omega-3 market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Omega-3 Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Omega-3 Market Production by Region Omega-3 Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

Key Points Covered in Omega-3 Market Report:
• Omega-3 Overview, Definition and Classification Market drivers and barriers
• Omega-3 Market Competition by Manufacturers
• Impact Analysis of COVID-19 on Omega-3 Market
• Omega-3 Capacity, Production, Revenue (Value) by Region (2023-2030)
• Omega-3 Supply (Production), Consumption, Export, Import by Region (2023-2030)
• Omega-3 Production, Revenue (Value), Price Trend by Type {Docosahexaenoic Acid (DHA), Eicosapentaenoic Acid (EPA), Alpha-linolenic Acid (ALA)}
• Omega-3 Manufacturers Profiles/Analysis Omega-3 Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered
• How feasible is Omega-3 market for long-term investment?
• What are influencing factors driving the demand for Omega-3 near future?
• What is the impact analysis of various factors in the Global Omega-3 market growth?
• What are the recent trends in the regional market and how successful they are?

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 (434) 322-0091
sales@htfmarketreport.com

About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to enable businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.

This release was published on openPR.