Omega-3 Market

Omega-3 Market by Type (DHA, EPA, and ALA), Application (Dietary Supplements, Functional Foods & Beverages, Pharmaceuticals, Infant Formula, and Pet Food & Feed), Source (Marine and Plant), and Region - Global Forecasts to 2025

Report Code: FB 2759 Dec, 2019, by marketsandmarkets.com

[195 Pages Report] The omega-3 market size is estimated to account for a value of USD 4.1 billion in 2019 and is projected to grow at a CAGR of 13.1% from 2019, to reach a value of USD 8.5 billion by 2025. Consumer awareness regarding the health benefits of omega-3 and an increase in application profiling and existing applications finding new markets are projected to drive the growth of the omega-3 industry.

Omega-3 PUFA Market

By application, the dietary supplements segment is projected to dominate the omega-3 market during the forecast period

The dietary supplements segment is projected to account for the largest share in the omega-3 market during the forecast period. Though there are many food products that are naturally rich in omega-3, since the amount of omega-3 in such products is not enough, the consumers these days have started consuming capsules for omega-3. By consuming such supplements, a sufficient amount of omega-3 can be consumed and regulated. Also, they are easy to consume so as to ensure the requisite amount of daily intake is met.

The marine source is projected to dominate the omega-3 market during the forecast period.

The marine source of omega-3 fatty acids holds the largest share because of the large EPA and DHA content in most of the oily fishes like salmon and tuna. Most of the manufacturers are also producing marine-based omega-3 to meet the growing demand for EPA and DHA, which are not abundantly present in other plant-based sources.

By type, docosahexaenoic acid (DHA) accounted for the largest market size in the omega-3 market during the forecast period

Docosahexaenoic acid (DHA) held the largest share in the omega-3 market. This is due to increased cognitive functionalities of omega-3 that are gaining consumer attention. DHA plays a vital role in growth and development of infant brain and also for the normal functioning of adult brains. Due to these factors, it is amongst the most favored types of omega-3.

Omega-3 PUFA Market

North America is projected to account for the largest market share during the forecast period

In 2018, North America accounted for the largest market share in the omega-3 market. The omega-3 market in North America is primarily dominated by the US, as the adults prefer to consume fish oil sourced omega-3 capsules as dietary supplements. The omega-3 market in North America is also characterized by the presence of several players such as Cargill (US), Epax Norway AS (Norway), DSM (Netherlands), and Arista Industries (US). These players extensively used innovative technologies to increase their productivity and meet the consumer demand for value-added omega-3 products in the region. Also, the omega-3 deficiency among the citizens in the US and Canada has highly impacted the surge in the demand for omega-3-based products.

Key Market Players

Key players in this market include Epax (Norway), Croda International (UK), Golden Omega (Chile), GC Rieber (Norway), Kinomega (China), Sinomega (China), Cargill (US), DSM (Netherlands), Polaris (France), Pharma Marine (Norway), BASF (Germany), Lonza (Switzerland), Huatai Biopharm (China), KD Pharma (Germany), Runke Bioengineering (China), Nordic Naturals (US), Algysis (US), Biosearch life (Spain), Corbion (Netherlands), and Orkla Health (Norway). Major players in this market are focusing on enhancing their presence through new product launches, investments, acquisitions, and joint ventures. These companies have a strong presence in North America and Europe. They also have their manufacturing facilities and strong distribution networks across these regions.

Scope of the Report

Report Metric

Details

Market size available for years

2017–2025

Base year considered

2018

Forecast period

2019–2025

Forecast units

Value (USD Million) and Volume (Ton)

Segments covered

  • Application
  • Type
  • Source
  • Region

Geographies covered

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Rest of the World (RoW)

Companies covered

  • Epax (Norway)
  • Croda International (UK)
  • Golden Omega (Chile)
  • GC Rieber (Norway)
  • Kinomega (China)
  • Sinomega (China)
  • Cargill (US)
  • DSM (Netherlands)
  • Polaris (France)
  • Pharma Marine (Norway)
  • BASF (Germany)
  • Lonza (Switzerland)
  • Huatai Biopharm (China)
  • KD Pharma (Germany)
  • Runke Bioengineering (China)
  • Nordic Naturals (US)
  • Algysis (US)
  • Biosearch Life (Spain)
  • Corbion (Netherlands)
  • Orkla Health (Norway)

 

This research report categorizes the omega-3 market based on application, type, sources, and region.

Based on Application, the omega-3 market has been segmented as follows:

  • Dietary supplements
  • Functional food & beverages
  • Pharmaceuticals
  • Infant formula
  • Pet food & feed

Based on Type, the omega-3 market has been segmented as follows:

  • Docosahexaenoic acid (DHA)
  • Eicosapentaenoic acid (EPA)
  • Alpha-linolenic acid (ALA)

Based on Sources, the omega-3 market has been segmented as follows:

  • Marine source
  • Plant source

Based on the region, the omega-3 market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Rest of World (RoW)*

*Rest of the World (RoW) includes the Middle East and South Africa.

Recent Developments:

  • In October 2019, KD Pharma (Germany) introduced Kardio3, which is a blend of omega-3, vitamin K2, and phytosterols. It aids in maintaining healthy lipids and supports heart and bone health.
  • In September 2019, Epax (Norway) announced an investment of USD 35 million over the next two years for the innovation of its Omega-3 sector. This investment will allow Epax to have better capacity in the omega-3 industry at its main site of production in Norway. It will facilitate the extended concentration of EPA and DHA without prompting oxidation, which will ultimately avoid unwanted by-products.
  • In September 2019, Polaris (France) launched Omegavie DHA 700 algae Sensory QualitySilver, which would help the company in the field of algal omega-3. The product majorly contains DHA and also contains excellent organoleptic properties.

Key questions addressed by the report:

  • What are the emerging application areas for the omega-3 market that companies are exploring?
  • Who are some of the key players operating in the omega-3 market, and what is the competitive scenario among them?
  • With the emerging applications of omega-3, what would be the penetration rate for new companies? What will be their go-to-market strategy, and which emerging markets will be of their significant interest?
  • How are the new product launches and developments going to impact the market growth, and what will be the attractions of the market offered to different stakeholders across the value chain?
  • What is the difference in pricing for these molecules among various applications, and how does this impact the adoption of omega-3 products in developed and developing markets?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 19)
    1.1 Objectives of the Study
    1.2 Market Definition
           1.2.1 Regions Covered
           1.2.2 Periodization Considered
    1.3 Currency
    1.4 Unit Considered
    1.5 Stakeholders

2 Research Methodology (Page No. - 23)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Secondary Sources
                    2.1.2.2 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Assumptions for the Study
    2.5 Limitations of the Study

3 Executive Summary (Page No. - 33)

4 Premium Insights (Page No. - 38)
    4.1 Opportunities in the Omega-3 Market
    4.2 Omega-3 Market: Key Countries
    4.3 Omega-3 Market, By Application and Region
    4.4 Omega-3 Market, By Type and Region
    4.5 North America: Omega-3 Market, By Source and Country

5 Market Overview (Page No. - 42)
    5.1 Introduction
    5.2 Evolution
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Consumer Awareness Regarding the Health Benefits of Omega-3
                               5.3.1.1.1 Increase in Focus on Preventive Healthcare
                               5.3.1.1.2 Growth in Demand for Food Fortification
                                             5.3.1.1.2.1 Mother & Infant Nutrition Products
                               5.3.1.1.3 Growth in Food Processing Applications
                    5.3.1.2 Increase in Application Profiling and Existing Applications Finding New Markets
                               5.3.1.2.1 Pet Food and Feed
                    5.3.1.3 Innovative Production Technologies
           5.3.2 Restraints
                    5.3.2.1 Lower Fish Oil Supply Due to Sustainability Issues Among Fisheries
                    5.3.2.2 Lack of Clarity Among Consumers About Daily Recommended Intake
           5.3.3 Opportunities
                    5.3.3.1 Research for the Development of Alternative Sources to Obtain Omega-3
                               5.3.3.1.1 Rise in Consumer Demand for Plant-Based Products
                                             5.3.3.1.1.1 Microalgae
                                             5.3.3.1.1.2 Side Effects and Allergies Related to Fish-Based Products
                    5.3.3.2 Emerging Economies of Asia Pacific and South America to Witness High Growth
                    5.3.3.3 Favorable Regulatory Environment
                    5.3.3.4 Microencapsulation
                    5.3.3.5 Awareness About Certified Food Ingredients
           5.3.4 Challenges
                    5.3.4.1 High Cost Involved in R&D Activities
                    5.3.4.2 Highly Unstable Fish Oil Prices
    5.4 Supply Chain Analysis
    5.5 Value Chain Analysis
    5.6 Industry Insights
    5.7 Porter’s Five Forces Analysis
           5.7.1 Threat of New Entrants
           5.7.2 Threat of Substitutes
           5.7.3 Bargaining Power of Suppliers
           5.7.4 Bargaining Power of Buyers
           5.7.5 Intensity of Competitive Rivalry
    5.8 YC & YCC Shift: Corbion
    5.9 Pricing Trends

6 Omega-3 Market, By Type (Page No. - 69)
    6.1 Introduction
    6.2 Docosahexaenoic Acid (DHA)
           6.2.1 Intake of DHA Plays A Major Role in Brain Development
    6.3 Eicosapentaenoic Acid (EPA)
           6.3.1 Intake of DHA Ensures Proper Utilization of Eicosapentaenoic Acid (EPA), Lowers Triglyceride Levels, and Cures People With Cardiovascular Problems
    6.4 Alpha-Linolenic Acid (ALA)
           6.4.1 High Consumption of Alpha-Linolenic Acid (ALA) By Vegetarians

7 Omega-3 Market, By Source (Page No. - 75)
    7.1 Introduction
    7.2 Marine Source
           7.2.1 Marine Source of Omega-3 is Highly Preferred Source for Infant Nutrition
    7.3 Plant Source
           7.3.1 The Growth of Plant Based Source of Omega-3 is Driven By Growing Demand From Adult Population With Cardiovascular Diseases

8 Omega-3 Market, By Application (Page No. - 80)
    8.1 Introduction
    8.2 Dietary Supplements
           8.2.1 High Nutritional Value and Health Benefits
    8.3 Functional Foods & Beverages
           8.3.1 Nanoencapsulation of Omega-3 has High Growth Opportunity to Retain the Aesthetics of Natural Food Products
    8.4 Pharmaceuticals
           8.4.1 Rise in Global Innovations
    8.5 Infant Formula
           8.5.1 Adequate Levels of Omega-3 Fatty Acids Required for Proper Growth of the Brain and Retina
    8.6 Pet Food and Feed
           8.6.1 Enriched Food for Glistening Coat

9 Omega-3 Market, By Region (Page No. - 87)
    9.1 Introduction
    9.2 North America
           9.2.1 US
                    9.2.1.1 Growth in Demand for Fish Oil is Boosting the Market for Omega-3 Products in the US
           9.2.2 Canada
                    9.2.2.1 Omega-3 Deficiency Fuels the Demand for Omega-3 Products in the Canadian Market
           9.2.3 Mexico
                    9.2.3.1 Rise in Awareness Boosts the Omega-3 Market in Mexico
    9.3 Europe
           9.3.1 Germany
                    9.3.1.1 Growing Awareness Among the Germans Fueling the Market for Omega-3
           9.3.2 UK
                    9.3.2.1 High Risks to Heart Health Among UK Adults Boosting the Omega-3 Market in the Region
           9.3.3 France
                    9.3.3.1 Increase in Awareness Among Consumers About Health-Based Benefits of Omega-3 Boosting the Market Growth in France
           9.3.4 Norway
                    9.3.4.1 Market Growth in Norway Attributed to the Country’s Omega-3 Resources
           9.3.5 Italy
                    9.3.5.1 Rising Awareness About Omega-3 Deficiency Leading to Its Increased Consumption
           9.3.6 Spain
                    9.3.6.1 Market Growth in Spain Attributed to the Rising Mental Disorders Due to Omega-3 Deficiency
           9.3.7 Netherlands
                    9.3.7.1 Market Growth in the Country Due to Omega-3 Deficiency Among Children
           9.3.8 Rest of Europe
                    9.3.8.1 Technological Advancements in the Region Projected to Fuel the Market Growth During the Forecast Period
    9.4 Asia Pacific
           9.4.1 China
                    9.4.1.1 Increasing Demand for Omega-3 to Encourage Its Production Among the Chinese Manufacturers
           9.4.2 India
                    9.4.2.1 Omega-3 Deficiency Among Indian Women to Drive the Market Growth in the Country
           9.4.3 Japan
                    9.4.3.1 Increased Consumption of Fish Oil Impacts the Health of the Japanese Consumers, Which has Led to an Increasing Preference for Omega-3 as an Alternative
           9.4.4 Australia
                    9.4.4.1 Rise in Awareness About the Health Benefits of Omega-3 to Drive the Growth of the Market in Australia
           9.4.5 New Zealand
                    9.4.5.1 Increasing Demand for Omega-3 Supplements to Drive the Growth of the Market in New Zealand
           9.4.6 Rest of Asia Pacific
    9.5 South America
           9.5.1 Brazil
                    9.5.1.1 Variety of Brands of Omega-3 Available in the Brazilian Market
           9.5.2 Argentina
                    9.5.2.1 Improving Economic Conditions in Argentina Leading to the High Demand for Omega-3
           9.5.3 Rest of South America
                    9.5.3.1 Chile and Peru are the Major Sourcing Countries for Omega-3
    9.6 Rest of the World (RoW)
           9.6.1 South Africa
                    9.6.1.1 Rise in Consumer Awareness About Omega-3 Health Benefits to Drive the Growth of the Market
           9.6.2 Middle East
                    9.6.2.1 Increasing Consumer Preferences to Drive the Growth of the Omega-3 Market in the Region
           9.6.3 Others in RoW

10 Competitive Landscape (Page No. - 140)
     10.1 Overview
     10.2 Competitive Leadership Mapping (Overall Market)
             10.2.1 Terminology/Nomenclature
                        10.2.1.1 Visionary Leaders
                        10.2.1.2 Innovators
                        10.2.1.3 Dynamic Differentiators
                        10.2.1.4 Emerging Companies
             10.2.2 Strength of Product Portfolio
             10.2.3 Business Strategy Excellence
     10.3 Competitive Leadership Mapping (Start-Ups/Smes)
             10.3.1 Terminology/Nomenclature
                        10.3.1.1 Progressive Companies
                        10.3.1.2 Starting Blocks
                        10.3.1.3 Responsive Companies
                        10.3.1.4 Dynamic Companies
             10.3.2 Strength of Product Portfolio
             10.3.3 Business Strategy Excellence
     10.4 Ranking of Key Players, 2018
     10.5 Competitive Scenario
             10.5.1 New Product and Technology Launches
             10.5.2 Investments
             10.5.3 Joint Ventures
             10.5.4 Acquisitions

11 Company Profiles (Page No. - 153)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)* 
     11.1 Cargill
     11.2 BASF
     11.3 DSM
     11.4 Croda International
     11.5 EPAx
     11.6 Lonza
     11.7 Orkla Health
     11.8 Corbion
     11.9 KD Pharma
     11.10 GC Rieber
     11.11 Guangdong Runke Bioengineering
     11.12 Nordic Naturals
     11.13 Golden Omega
     11.14 Biosearch Life
     11.15 Pharma Marine
     11.16 Polaris
     11.17 Sinomega Biotech Engineering
     11.18 Huatai Biopharm
     11.19 Kinomega Biopharm
     11.20 Algisys
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies. 

12 Appendix (Page No. - 186)
     12.1 Discussion Guide
     12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.3 Available Customizations
     12.4 Related Reports
     12.5 Author Details


List of Tables (134 Tables)

Table 1 US Dollar Exchange Rates Considered for the Study, 2016–2018
Table 2 Health Benefits Associated With Omega-3 Consumption
Table 3 Infant Formula Constituents of Key Brands, 2018 (Per 100 Gm)
Table 4 EPA and DHA Daily Intake Guidelines By Various Organizations
Table 5 Upcoming Alternative Sources for Omega-3 Fatty Acids
Table 6 Annual Production of Microalgae and Key Countries, 2013 (Tonnes/Year)
Table 7 EPA & DHA Mean Cost, 2015 (USD)
Table 8 Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 9 Food Sources for DHA (Grams Per Servings)
Table 10 Docosahexaenoic Acid (DHA) Market Size, By Region, 2017–2025 (USD Million)
Table 11 Food Sources for EPA (Grams Per Servings)
Table 12 Eicosapentaenoic Acid (EPA) Market Size, By Region, 2017–2025 (USD Million)
Table 13 Food Sources for ALA (Grams Per Servings)
Table 14 Alpha-Linoleic Acid (ALA) Market Size, By Region, 2017–2025 (USD Million)
Table 15 Omega-3 Market Size, By Source, 2017–2015 (USD Million)
Table 16 Marine: Omega-3 Market Size, By Region, 2017–2025 (USD Million)
Table 17 Omega-3 Market Size, By Marine, 2017–2025 (USD Million)
Table 18 Plant: Omega-3 Market Size, By Region, 2017–2025 (USD Million)
Table 19 Omega-3 Market Size, By Plant, 2017–2025 (USD Million)
Table 20 Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 21 Omega-3 Market Size for Dietary Supplements Application, By Region, 2017–2025 (USD Million)
Table 22 Omega-3 Market Size for Functional Foods & Beverages Application, By Region, 2017–2025 (USD Million)
Table 23 Omega-3 Market Size for Pharmaceuticals Application, By Region, 2017–2025 (USD Million)
Table 24 Omega-3 Market Size for Infant Formula Application, By Region, 2017–2025 (USD Million)
Table 25 Omega-3 Market Size for Pet Food and Feed Application, By Region, 2017–2025 (USD Million)
Table 26 Omega-3 Market Size, By Region, 2017–2025 (USD Million)
Table 27 Omega-3 Market Size, By Region, 2017–2025 (Kt)
Table 28 North America: Omega-3 Market Size, By Country, 2017–2025 (USD Million)
Table 29 North America: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 30 North America: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 31 North America: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 32 US: Recommendations for EPA and DHA Intake
Table 33 US: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 34 US: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 35 US: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 36 Canada: Recommendations for EPA and DHA Intake
Table 37 Canada: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 38 Canada: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 39 Canada: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 40 Mexico: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 41 Mexico: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 42 Mexico: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 43 Europe: Omega-3 Market Size, By Country, 2017–2025 (USD Million)
Table 44 Europe: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 45 Europe: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 46 Europe: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 47 Germany: Daily Recommended Intake of Omega-3
Table 48 Germany: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 49 Germany: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 50 Germany: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 51 UK: Daily Recommended Intake of Omega-3
Table 52 UK: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 53 UK: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 54 UK: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 55 France: Daily Recommended Intake of Omega-3
Table 56 France: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 57 France: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 58 France: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 59 Norway: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 60 Norway: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 61 Norway: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 62 Italy: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 63 Italy: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 64 Italy: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 65 Spain: Daily Recommended Intake of Omega-3
Table 66 Spain: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 67 Spain: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 68 Spain: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 69 Netherlands: Daily Recommended Intake of Omega-3
Table 70 Netherlands: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 71 Netherlands: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 72 Netherlands: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 73 Rest of Europe: Daily Recommended Intake of Omega-3
Table 74 Rest of Europe: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 75 Rest of Europe: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 76 Rest of Europe: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 77 Asia Pacific: Omega-3 Market Size, By Country, 2017–2025 (USD Million)
Table 78 Asia Pacific: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 79 Asia Pacific: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 80 Asia Pacific: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 81 China: Daily Recommended Intake of Omega-3
Table 82 China: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 83 China: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 84 China: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 85 India: Daily Recommended Intake of Omega-3
Table 86 India: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 87 India: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 88 India: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 89 Japan: Daily Recommended Intake of Omega-3
Table 90 Japan: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 91 Japan: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 92 Japan: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 93 Australia: Daily Recommended Intake of Omega-3
Table 94 Australia: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 95 Australia: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 96 Australia: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 97 New Zealand: Daily Recommended Intake of Omega-3
Table 98 New Zealand: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 99 New Zealand: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 100 New Zealand: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 101 Rest of Asia Pacific: Daily Recommended Intake of Omega-3
Table 102 Rest of Asia Pacific: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 103 Rest of Asia Pacific: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 104 Asia Pacific: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 105 South America: Omega-3 Market Size, By Country, 2017–2025 (USD Million)
Table 106 South America: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 107 South America: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 108 South America: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 109 Brazil: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 110 Brazil: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 111 Brazil: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 112 Argentina: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 113 Argentina: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 114 Argentina: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 115 Rest of South America: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 116 Rest of South America: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 117 Rest of South America: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 118 Rest of the World (RoW): Omega-3 Market Size, By Region/Country, 2017–2025 (USD Million)
Table 119 Rest of the World (RoW): Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 120 Rest of the World (RoW): Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 121 Rest of the World (RoW): Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 122 South Africa: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 123 South Africa: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 124 South Africa: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 125 Middle East: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 126 Middle East: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 127 Middle East: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 128 Others in RoW: Omega-3 Market Size, By Application, 2017–2025 (USD Million)
Table 129 Others in RoW: Omega-3 Market Size, By Type, 2017–2025 (USD Million)
Table 130 Others in RoW: Omega-3 Market Size, By Source, 2017–2025 (USD Million)
Table 131 New Product and Technology Launches, 2017-2019
Table 132 Investments, 2017-2019
Table 133 Joint Ventures, 2017-2019
Table 134 Acquisitions, 2017–2019


List of Figures (59 Figures)

Figure 1 Omega-3 Market Segmentation
Figure 2 Omega-3 Market: Research Design
Figure 3 Data Triangulation Methodology
Figure 4 Omega-3 Market Snapshot, By Application, 2019 vs, 2025 (USD Million)
Figure 5 Omega-3 Market Size, By Type, 2019 vs, 2025
Figure 6 Omega-3 Market Size, By Source, 2019 vs, 2025
Figure 7 Asia Pacific to Grow at the Highest CAGR in the Omega-3 Market, 2019–2025
Figure 8 Omega-3 Market, By Region
Figure 9 Increasing Focus on Preventive Healthcare to Drive the Growth of the Omega-3 Market
Figure 10 The US Dominated the Omega-3 Market in 2018
Figure 11 North America to Dominate the Omega-3 Market Through 2025
Figure 12 Docosahexaenoic Acid (DHA) Dominated the Market Across All Regions in 2018
Figure 13 Developed vs, Developing Markets for Omega-3: Developing Countries to Record the Higher Growth Rates During the Forecast Period
Figure 14 North America Accounted for the Largest Share in 2018
Figure 15 Omega-3 Fatty Acid Manufacturing: Process Flow Diagram
Figure 16 Omega-3 Evolution
Figure 17 Market Dynamics: Omega-3 Market
Figure 18 Brazil: Consumer Survey on Omega-3 Health Benefits, 2016
Figure 19 Increase in Per Capita Healthcare Expenditure in Major Economies, 2012–2016
Figure 20 US: Trend of Food Processing Projects, 2011–2015
Figure 21 Recommended EPA Levels in Dog Food (Mg)
Figure 22 Microalgae Processing for Omega-3
Figure 23 India: Fund Allocation for the Development of the Food Processing Industry (USD Million)
Figure 24 Us: Organic Food Sales, 2010–2013 (USD Billion)
Figure 25 Us: GMO Label Survey, 2018
Figure 26 Us: Labeling and Certification Claims Affecting Consumer Purchase, 2018
Figure 27 Supply Chain Analysis: Omega-3 Market
Figure 28 Value Chain Analysis: Omega-3 Market
Figure 29 New Formulations: Easing the Application of Omega-3 Products
Figure 30 Porter’s Five Forces Analysis
Figure 31 Omega-3 Market Size, By Type, 2019 vs, 2025 (USD Million)
Figure 32 Docosahexaenoic Acid (DHA) Market Size, By Region, 2019 vs, 2025 (USD Million)
Figure 33 Omega-3 Market Size, By Source, 2019 vs, 2025 (USD Million)
Figure 34 Omega-3 Market Size, By Application, 2019 vs, 2025 (USD Million)
Figure 35 India to Record the Highest Growth Rate During the Forecast Period in the Omega-3 Market
Figure 36 Countries With Number of Companies Producing DHA, 2015
Figure 37 Friend of the Sea Omega-3-Certified Companies Per Country, 2015
Figure 38 North America: Omega-3 Market Snapshot
Figure 39 Europe: Omega-3 Market Snapshot
Figure 40 Europe: Fish Oil Production, 2016-2018 (Kt)
Figure 41 Asia Pacific: Omega-3 Market Snapshot
Figure 42 China: Fish Oil Production (Kt)
Figure 43 India: Fish Oil Production (Kt)
Figure 44 Australia: Fish Oil Production (Kt)
Figure 45 New Zealand: Fish Oil Production (Kt)
Figure 46 Rest of Asia Pacific: Fish Oil Production (Kt)
Figure 47 Key Developments of the Leading Players in the Omega-3 Market, 2017–2019
Figure 48 Omega-3 Market, Competitive Leadership Mapping, 2018
Figure 49 Omega-3 Market (Start-Ups/Smes): Competitive Leadership Mapping, 2017
Figure 50 Omega-3 Market in 2018
Figure 51 Market Evaluation Framework, 2017-2019
Figure 52 Cargill: Company Snapshot
Figure 53 BASF: Company Snapshot
Figure 54 DSM: Company Snapshot
Figure 55 Croda International: Company Snapshot
Figure 56 Croda International: SWOT Analysis
Figure 57 EPAx: SWOT Analysis
Figure 58 Lonza: Company Snapshot
Figure 59 Corbion: Company Snapshot

The study involves four major activities to estimate the current market size of the omega-3 market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. These findings, assumptions, and market sizes were validated with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the total market size. After that, the market breakdown and data triangulation approaches were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources, such as NCBI, government websites, Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to, in order to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, food safety organizations, regulatory bodies, trade directories, and databases.

Primary Research

The omega-3 market comprises several stakeholders, such as manufacturers, importers and exporters, traders, distributors and suppliers of omega-3, and government & research organizations. The demand-side of this market is characterized by the rising demand for omega-3 in dietary supplements, functional food & beverages, pharmaceuticals, infant formula, and pet food and feed. The supply-side is characterized by the supply of omega-3 from various suppliers in the market and by the presence of key providers of omega-3. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:

Omega-3 PUFA Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the omega-3 market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets were identified through extensive secondary research
  • The industry’s supply chain and market size, in terms of value, was determined through primary and secondary research processes
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary respondents

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed. The data was triangulated by studying various factors and trends from both the demand and supply sides in the omega-3 market.

Report Objectives

  • To define, segment, and project the global market size for omega-3
  • To understand the omega-3 market by identifying its various subsegments
  • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze the micromarkets, with respect to individual growth trends, prospects, and their contribution to the total market
  • To project the size of the market and its submarkets, in terms of value, with respect to the regions (along with their respective key countries)
  • To profile the key players and comprehensively analyze their core competencies
  • To understand the competitive landscape and identify the major growth strategies adopted by the players across the key regions
  • To analyze the competitive developments, such as expansions & investments, mergers & acquisitions, new product launches, partnerships, collaborations, and agreements

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Segmental Analysis

  • Further breakdown of applications, by type, in the omega-3 market
  • Further breakdown of types, by sources, in the omega-3 market
  • Further subsegmentation of plant sources and marine sources by region

Geographic Analysis

  • Further breakdown of the Rest of Asia Pacific omega-3 market, by key country
  • Further breakdown of the Rest of Europe omega-3 market, by key country
  • Further breakdown of the Rest of the World omega-3 market, by key country

Company Information

  • Detailed analyses and profiling of additional market players
Report Code
FB 2759
Published ON
Dec, 2019
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