[Expert View] Omega-3 market is expected to reach USD 57 billion by 2030, fueled by health awareness and demand for dietary supplements

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The omega-3 market is expected to grow at 8.5% CAGR from 2020 to 2030. It is expected to reach above USD 4.19 billion by 2030 from USD 1.99 billion in 2023.

The Omega-3 Market Size, Scope, and Forecast 2024-2033 report has been added to the Market research collection of Exactitude Consultancy reports. Increasing awareness of the health benefits associated with omega-3 fatty acids, such as EPA and DHA, is driving demand across various consumer segments. The incorporation of omega-3 in food and beverages, dietary supplements, and functional foods is becoming more prevalent as consumers shift towards healthier diets. Additionally, the growing prevalence of chronic diseases has led to higher consumption of omega-3 products for preventive health measures. The market is also seeing innovations in plant-based omega-3 sources catering to vegan consumers.

↓ 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭? 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐭𝐨𝐝𝐚𝐲:

https://exactitudeconsultancy.com/reports/22611/omega-3-market/#request-a-sample

**𝐈𝐧 𝐜𝐚𝐬𝐞 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐚𝐧𝐲 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐫𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬, 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐦𝐞𝐧𝐭𝐢𝐨𝐧 𝐭𝐡𝐞 𝐬𝐚𝐦𝐞. 𝐖𝐞 𝐜𝐚𝐧 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐭𝐡𝐞 𝐞𝐱𝐚𝐜𝐭 𝐧𝐞𝐞𝐝𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐥𝐢𝐞𝐧𝐭**.

What is New Additions in 2024?

Detailed industry outlook

Additional information on company players

Customized report and analyst support on request

Recent market developments and it's futuristic growth opportunities

Customized regional/country reports as per request

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐈𝐧𝐜𝐥𝐮𝐝𝐞: DSM, BASF SE, Lonza Group, Glanbia Plc, ADM, Farbest Brands, Adisseo, Polaris, Pharma Marine AS, Golden Omega, Huatai Biopharm, Algisys LLC, Biosearch Life and other.

In March 2021, BASF announced that it had completed the acquisition of the Norwegian fish oil concentrate producer, Orivo, which is expected to strengthen BASF's position in the omega-3 market. 02-02-2021: - DSM is a Dutch multinational company that produces omega-3 fatty acids through its subsidiary, DSM Nutritional Products. In February 2021, DSM announced that it had launched a new vegan algae-based omega-3 supplement, life's OMEGA 60.

The project scope, production, manufacturing value, profit/loss, and supply-demand dynamics are comprehensively detailed. The market research further predicts growth patterns for the Omega-3 market in Distribution Units. Additionally, it provides insights into strategic partnerships, including feasibility analysis, SWOT analysis, and return on investment evaluation.

The Global Omega-3 Market segments and Market Data Break Down are illuminated below:

Omega-3 Market By Type (Tons)

EPA

DHA

ALA

Omega-3 Market By Source (Tons)

Marine Based

Plant Based

Omega-3 Market By Application (Tons)

Pharmaceutical

Dietary Supplements

Animal Feed

Food & Beverages

✅ 𝐁𝐫𝐨𝐰𝐬𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐖𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐎𝐟 𝐅𝐢𝐠𝐮𝐫𝐞:

https://exactitudeconsultancy.com/reports/22611/omega-3-market/

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞:

Rеgіоn-wіѕе ѕеgmеntаtіоn in the Global Omega-3 Market іnсludеѕ the claims to split the regional scope of the market, which among these regions has been touted to amass the largest market share over the anticipated duration

North America(USA, Canada and Mexico)

Europe(UK, Germany, France and the Rest of Europe)

Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)

South America(Brazil, Argentina and the Rest of South America)

Middle East and Africa(GCC and Rest of the Middle East and Africa)

𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭𝐬

Executive Summary

Omega-3 Market Introduction

Market Dynamics (Drivers, Restraints, Opportunities, Challenges)

Industry Analysis (Value Chain, Porter's Five Forces, PESTLE)

Market Segmentation (By Type, Application, Region)

Regional Analysis (North America, Europe, APAC, etc.)

Competitive Landscape (Market Share, Key Players, Strategies)

Market Forecast and Trends

Recommendations

Appendix (Glossary, Methodology, Sources)

𝐏𝐨𝐫𝐭𝐞𝐫'𝐬 𝐅𝐢𝐯𝐞 𝐅𝐨𝐫𝐜𝐞𝐬 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

𝐓𝐡𝐫𝐞𝐚𝐭 𝐨𝐟 𝐍𝐞𝐰 𝐄𝐧𝐭𝐫𝐚𝐧𝐭𝐬

Barriers to entry: Capital investment, economies of scale, regulatory compliance.

Brand loyalty and switching costs for existing players.

𝐁𝐚𝐫𝐠𝐚𝐢𝐧𝐢𝐧𝐠 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐒𝐮𝐩𝐩𝐥𝐢𝐞𝐫𝐬

Number of suppliers and their concentration.

Dependence on supplier inputs and cost sensitivity.

𝐁𝐚𝐫𝐠𝐚𝐢𝐧𝐢𝐧𝐠 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐁𝐮𝐲𝐞𝐫𝐬

Buyer concentration and switching options.

Price sensitivity and demand for customization.

𝐓𝐡𝐫𝐞𝐚𝐭 𝐨𝐟 𝐒𝐮𝐛𝐬𝐭𝐢𝐭𝐮𝐭𝐞𝐬

Availability and attractiveness of alternative solutions.

Switching costs for buyers.

𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐢𝐯𝐚𝐥𝐫𝐲

Intensity of competition among existing players.

Market growth rate and differentiation strategies.

𝐎𝐮𝐫 𝐭𝐞𝐚𝐦 𝐢𝐬 𝐚𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝟐𝟒/𝟕 𝐭𝐨 𝐚𝐬𝐬𝐢𝐬𝐭 𝐚𝐧𝐝 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 𝐨𝐮𝐫 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫𝐬 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐫𝐞𝐥𝐢𝐚𝐛𝐥𝐞 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡.

Can I modify the scope of the report and customize it to suit my requirements?

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