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Omega-3 Global Market Poised to Reach $3.61 Billion in 2025 with a CAGR of 7.9%: Key Drivers and Trends Unveiled
Omega-3 Global Market
What Is The Projected Market Size Of The Global Omega-3 Market And Its Growth Rate?
• The omega-3 market size has witnessed notable growth recently, predicted to escalate from $3.35 billion in 2024 to $3.61 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.9%.
• Reflecting significant progress in the coming years, the market is forecasted to be valued at $5.26 billion in 2029, demonstrating a CAGR of 9.8%.
What Is Driving The Growth In The Omega-3 Global Market?
The mounting consumer interest in immunity-boosting dietary supplements is identified as a major propellant for the Omega-3 market. As people across the globe are investing more on these supplements to combat emerging viruses and promote overall health, the demand for Omega-3 products is set to intensify. For example, in February 2022, Agriculture and Agri-Food Canada reported that the retail sales of the health and wellness food and beverage sector in the United States rose to $191.9 billion in 2021 with future predictions indicating a 13.8% increase to reach $218.1 billion in 2025.
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Who Are the Key Players Driving Omega-3 Global Market Growth?
Key contributors to the omega-3 market include
• Royal DSM Naamloze Vennootschap
• BASF SE
• Lonza Group AG
• Epax Norway AS
• Croda International PLC
• Reckitt Benckiser Group PLC
• Sanofi SA
• Unilever PLC
• Amway Corp.
• Nestle SA.
What Are The Key Trends In The Omega-3 Global Market?
Prominent market trends include:
• The use of plant-based omega-3 sources
• Combination products
• Greater emphasis on research and development activities
• Growing preference for krill oil as a source of omega-3
• Integration of omega-3 in beauty and personal care
What Are The Segments Of The Global Omega-3 Market?
The market segmentation includes -
• Type: Alpha-Linolenic Acid (ALA), Docosahexaenoic Acid (DHA), Eicosapentaenoic Acid (EPA)
• Source: Plant Source, Vegetable Oil, Nuts and Seeds, Soy, Marine Source, Other Sources
• Distribution Channel: Super markets/Hyper markets, Pharmacies and Drug Stores, Online Retailers, Other Distribution Channels
• Application: Supplements & Functional Foods, Pharmaceuticals, Infant Formula, Animal Feed & Pet Food, Other Applications
Which Region Leads The Omega-3 Global Market?
North America was the leading region in the Omega-3 Market in 2024. However, Asia Pacific is anticipated to show the fastest growth rate in the forecast period with market insights spanning across Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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What Is Covered In The Omega-3 Global Market Report?
- Market Size Analysis: Analyze the Omega-3 Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Omega-3 Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Omega-3 Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Omega-3 Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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