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Global Omega 3 Market to reach USD 3.6 billion by 2027.

Global Omega 3 Market Size study, By Type (EPA, DHA, ALA), By Source (Marine, Plant), By Application (Supplements & Functional Foods, Pharmaceuticals, Infant Formula, Animal Feed & Pet Food, Others), and Regional Forecasts 2021-2027

Product Code: HLSDT-17218057
Publish Date: 20-01-2023
Page: 200

Global Omega 3 Market is valued at approximately USD 2.10 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 7.8 % over the forecast period 2021-2027. Omega 3 are basically polysaturated fatty acid or oils. These are important constituents of animal lipid metabolism. Omega 3 plays a significant role in human physiology such as to prevent insulin resistance, useful for heart patients, reduce serum triglycerides etc. Rising demand for omega 3 in pharmaceutical ingredient market led to the adoption of Omega 3 across the forecast period. (Statistics) For instance: according to ChiroFusion, in 2019 the International Society for Nutritional Psychiatry Research practiced various guidelines for Omega-3 Fatty acids in the better medication and treatment of depressive disorders in children, pregnant women and other high-risk populations. Increasing adoption as a dietary supplement enhances the market growth of Omega 3. However, decreasing growth rate of fish production impedes the growth of the market over the forecast period of 2021-2027. Also, with the increasing adoption of DHA supplements among lactating and pregnant ladies, the demand for Omega 3 is likely to increase the market growth during the forecast period.

The regional analysis of the global Omega 3 market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the growing geriatric population and increasing cases of health ailments such as heart diseases, increasing R&D activities in pharmaceutical industry. Whereas Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as rising disposable income, rising awareness towards healthy diet and well-being, and increasing population of lactating and young mothers would create lucrative growth prospects for the Omega 3 market across Asia-Pacific region.

Major market players included in this report are:
Aker Biomarine Antarctic AS
Orkla Health
Omega Protein Corp.
GC Reiber Oils
Croda International Plc
BioProcess Algae, LLC
Koninklijke DSM N.V.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Docosahexaenoic acid (DHA)
Eicosapentaenoic acid (EPA)
Alpha-linolenic acid (ALA)
By Source:
Marine Source
Plant Source
By Application:
Supplements & Functional Foods
Infant Formula
Animal Feed & Pet Food

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Omega 3 Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Global Omega 3 Market, by Region, 2019-2027 (USD Billion)
1.2.2. Global Omega 3 Market, by Type, 2019-2027 (USD Billion)
1.2.3. Global Omega 3 Market, by Source, 2019-2027 (USD Billion)
1.2.4. Global Omega 3 Market, by Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Omega 3 Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Omega 3 Market Dynamics
3.1. Omega 3 Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Rising demand of omega 3 in pharmaceutical ingredient market Increasing adoption as a dietary supplement
3.1.2. Market Challenges Decreasing growth rate of fish production
3.1.3. Market Opportunities Increasing adoption of DHA supplements among lactating and pregnant ladies
Chapter 4. Global Omega 3 Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Omega 3 Market, by Type
5.1. Market Snapshot
5.2. Global Omega 3 Market by Type, Performance – Potential Analysis
5.3. Global Omega 3 Market Estimates & Forecasts by Type, 2018-2027 (USD Billion)
5.4. Omega 3 Market, Sub Segment Analysis
5.4.1. Docosahexaenoic acid (DHA)
5.4.2. Eicosapentaenoic acid (EPA)
5.4.3. Alpha-linolenic acid (ALA)
Chapter 6. Global Omega 3 Market, by Source
6.1. Market Snapshot
6.2. Global Omega 3 Market by Source, Performance – Potential Analysis
6.3. Global Omega 3 Market Estimates & Forecasts by Source 2018-2027 (USD Billion)
6.4. Omega 3 Market, Sub Segment Analysis
6.4.1. Marine Source
6.4.2. Plant Source
Chapter 7. Global Omega 3 Market, by Application
7.1. Market Snapshot
7.2. Global Omega 3 Market by Application, Performance – Potential Analysis
7.3. Global Omega 3 Market Estimates & Forecasts by Application, 2018-2027 (USD Billion)
7.4. Omega 3 Market, Sub Segment Analysis
7.4.1. Supplements & Functional Foods
7.4.2. Pharmaceuticals
7.4.3. Infant Formula
7.4.4. Animal Feed & Pet Food
7.4.5. Others
Chapter 8. Global Omega 3 Market, Regional Analysis
8.1. Omega 3 Market, Regional Market Snapshot
8.2. North America Omega 3 Market
8.2.1. U.S. Omega 3 Market Type breakdown estimates & forecasts, 2018-2027 Source breakdown estimates & forecasts, 2018-2027 Application breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Omega 3 Market
8.3. Europe Omega 3 Market Snapshot
8.3.1. U.K. Omega 3 Market
8.3.2. Germany Omega 3 Market
8.3.3. France Omega 3 Market
8.3.4. Spain Omega 3 Market
8.3.5. Italy Omega 3 Market
8.3.6. Rest of Europe Omega 3 Market
8.4. Asia-Pacific Omega 3 Market Snapshot
8.4.1. China Omega 3 Market
8.4.2. India Omega 3 Market
8.4.3. Japan Omega 3 Market
8.4.4. Australia Omega 3 Market
8.4.5. South Korea Omega 3 Market
8.4.6. Rest of Asia Pacific Omega 3 Market
8.5. Latin America Omega 3 Market Snapshot
8.5.1. Brazil Omega 3 Market
8.5.2. Mexico Omega 3 Market
8.6. Rest of The World Omega 3 Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Aker Biomarine Antarctic AS Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Orkla Health
9.2.3. BASF SE
9.2.4. Omega Protein Corp.
9.2.5. GC Reiber Oils
9.2.6. Lonza
9.2.7. Croda International Plc
9.2.8. EPAX
9.2.9. BioProcess Algae, LLC
9.2.10. Koninklijke DSM N.V.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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