Press release
South East Asia Omega 3 Market Share, Trends, Top Players, Segments and Forecasts Research | Thai Union Group PCL, Total Health Concept Sdn Bhd, BOSTON PHARMA VIETNAM
South East Asia Omega 3 Market || 2024-2031
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What is the projected growth rate (CAGR) of the Global South East Asia Omega 3 market from 2024 to 2031, and what is the market value expected to change by 2031?
South East Asia Omega-3 Oil Market reached US$ 157.6 million in 2023 and is expected to reach US$ 290.20 million by 2031, growing with a CAGR of 7.93% during the forecast period 2024-2031.
What is South East Asia Omega 3 Market?
Omega-3 is a type of essential fatty acid crucial for various bodily functions, including heart health, brain function, and inflammation regulation. Since the body cannot produce omega-3 on its own, it must be obtained through diet or supplements.
Growth Driver
The omega-3 market is propelled by diverse product formats like soft gels, and liquids, catering to varied consumer preferences and lifestyles. Customized solutions from companies like Polaris enhance market appeal and meet specific consumer needs, broadening the market's reach.
Key Players:
Profiles of some of the major players in the global South East Asia Omega 3 market, which include Thai Union Group PCL, Total Health Concept Sdn Bhd, BOSTON PHARMA VIETNAM, Möller's, Manuka Biotech Sdn Bhd, ZUCHE PHARMACEUTICALS PVT. LTD, Novus Life Sciences Pvt Ltd, NOW Health Group, Inc., BASF SE, Croda International Plc.
Industry Development:
In 2023, GC Rieber VivoMega launched VivoMega Algae Oils, a high-concentration vegan omega-3 oil line derived from sustainably sourced microalgae, catering to the rising demand for plant-based omega-3 alternatives amid fish oil market supply challenges. In February 2022, Polaris partnered with Golden Omega S.A. to expand omega-3 offerings, combining Polaris's patented DHA algae oils with Golden Omega's South Pacific-sourced omega-3 concentrates from anchovies. Additionally, in 2021, Pelagia invested $40 million in its Epax facility in Aalesund, enhancing omega-3 production capabilities with advanced EOP+Tech technology for EPA and DHA products.
The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global South East Asia Omega 3 market.
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Market Segments:
The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.
By Source: Feed Source, Food Source, Pharma Source
By Type: ALA (Alpha-Linolenic Acid), DHA (Docosahexaenoic Acid), EPA (Eicosapentaenoic Acid), Others
By Application: Supplements & Functional Foods, Pharmaceuticals, Infant Formula, Animal Feed & Pet Food, Others
By Distribution Channel: Online, Offline
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Key Features:
➧ Gain deep insights into market dynamics, trends, and opportunities to stay ahead in a competitive landscape.
➧ Track competitor's movements in real time, allowing you to swiftly adapt strategies and remain competitive.
➧ Compare your performance with industry leaders to identify gaps, strengths, and areas for improvement.
➧ Stay updated with emerging market trends, technological advancements, and customer behaviour to refine your strategy.
➧ Receive actionable insights and recommendations to drive your business toward growth and long-term success.
➧ Tailor competitive intelligence to your unique business needs, ensuring relevant and focused analysis.
➧ Evaluate supply chain efficiency and logistics strategies to optimize operations and minimize disruptions.
➧ Understand key players, stakeholders, and partnerships to navigate the competitive landscape more effectively.
➧ Identify and target specific market segments with detailed intelligence on customer preferences and behaviors.
➧ Stay informed on regulatory changes and legal requirements impacting your industry to ensure compliance and mitigate risks.
Contact Us -
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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