Omega 3 Fatty Acid Market Report 2023 (Global Edition)

Global Omega 3 Fatty Acid Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Omega 3 Fatty Acid Industry growth. Omega 3 Fatty Acid market has been segmented with the help of its Types, Application Source, and others. Omega 3 Fatty Acid market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

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Types Segment Analysis of Omega 3 Fatty Acid Market

Based on present and future trends, the market size is estimated from 2018 to 2030. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Omega 3 Fatty Acid market.

Types of Omega 3 Fatty Acid analyzed in this report are as follows:

• ALA (Alpha-Linolenic Acid)
• EPA (Eicosapentaenoic Acid)
• DHA (Docosahexaenoic Acid)

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Omega 3 Fatty Acid Industry. Request a Free Sample PDF!

Based An Application, the market is been segmented into dietary supplements, functional/fortified foods, infant formulae, pharmaceuticals, animal feed & pet food. Dietary supplements accounts for maximum share in the market due to increasing popularity of dietary supplements. The functional/fortified foods segment is account for highest CAGR of the global market, due to consumers are focusing on health management with functional food products in developed and developing countries.

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Omega 3 Fatty Acid market report 2023 Edition by contacting our team.

Omega 3 Fatty Acid Source Segment Analysis

On The Basis Of Source, the market is fragmented into different sources such as concentrates, fish oil, algae oil, krill oil and other plant sources.
In year 2020, The company Croda International made a partnership with Anomera, Canadian-based innovative green chemistry company in Quebec which focused on developing high-quality carboxylated cellulose nanocrystals which are converted into a micron sized powder. 

• Concentrates
• Fish Oil
• Algae Oil
• Krill Oil
• Other Plant Sources

Geographically, global market is divided into regions like: North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. North America dominates the market in year 2021, due to increasing awareness about the health effects of omega 3 fatty acids. The rising prevalence of health conditions, the growing number of aging populations, hectic lifestyle, and stress is expected drive revenue growth of North America market over the forecast period.
However, the market in Asia Pacific accounted for highest CAGR in the global almond oil market, due to rapid urbanization, and rising demand for omega-3 fatty acid market from emerging economies such as China and India, followed by markets in Latin America, Asia Pacific and Middle East & Africa respectively

Region-wise, the market is analyzed across: (In case you wish to acquire a specific region or any country data then please contact us)

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

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News Section:

• March 2020:

The company wiley launched its first omega-3 concentrate in powdered form, designed for the food and beverages. The product has been manufactured without a fishy smell or taste to appeal to customers looking for attractive sensorial products.

• November 2021:

The company Natures Crops announced the release of industry-first functional gummy supplements containing Ahiflower oil. Ahiflower is a regeneratively grown vegan alternative to fish oils, offering comprehensive omega nutrition and health benefits supported by human clinical trials and most complete and balanced omegas.
 

Top Companies Market Share in Omega 3 Fatty Acid Industry: (In no particular order of Rank)

• Cargill Incorporated
• BASF SE
• Royal DSM
• Schiff Vitamins (Reckitt Benckiser Group PLC)
• Nordic Naturals Inc.
• Epax Norway AS
• Omega Protein Corporation
• Organic Technologies
• Arjuna Natural Pvt. Ltd.
• Cellana Inc.
• Royal DSM N.V.
• Evonik
• Lonza
• Epax
• Croda International Plc
• Cargill Inc.
• Golden Omega Corbion
• Polaris
• Others
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