Market Analysis and Size

Deaths from cardiovascular disease have recently increased around the world, which tends to boost the omega-3 product market. Cardiovascular disease has increased in Western Sub-Saharan Africa and South Asia. Omega-3 fatty acids, which can be found in supplements and naturally in foods like certain fish, nuts, and seeds, have long been touted for their health benefits, particularly for heart health. However, rising chronic diseases such as heart disease, arthritis, strokes, and cancer are expected to drive up demand for omega-3 fatty acids around the world.

omega 3 supplement market was valued at USD 6900 million in 2021 and is expected to reach the value of USD 20101.06 million by 2029, at a CAGR of 14.30% during the forecast period of 2022 to 2029.

Market Definition

Plants, nut oils, and fish such as tuna, salmon, and halibut, as well as other sea foods such as krill and algae, contain omega 3 fatty acids. Omega 3 fatty acids are essential fatty acids required for human health. These fatty acids are essential for brain function as well as human growth and development. Omega-3 fatty acid consumption lowers the risk of chronic diseases such as cancer, heart disease, and arthritis.

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Countries Covered

U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

DSM (Netherlands), BASF SE (Germany), Lonza Group (Switzerland), Glanbia Plc (Ireland), ADM (US), Farbest Brands (NJ), SternVitamin GmbH & Co. KG (Schleswig-Holstein), Adisseo (France), BTSA Biotechnologias Aplicadas S.L. (Spain)Rabar Pty Ltd (Australia) Golden Omega (Chile), Kinomega Biopharm Inc. (China), Sinomega Biotech Engineering Co. Ltd. (China), Polaris (US), Pharma Marine AS (Norway), Huatai Biopharm (China), ALGISYS LLC (US), and Biosearch Life (Spain)

Opportunities

·         Wide application in pet food industry

·         Rising cases of cardiovascular diseases

·         Rapid technological advancement and product innovation

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TABLE OF CONTENTS

·         Part 01: Executive Summary

·         Part 02: Scope of the Report

·         Part 03: Research Methodology

·         Part 04: Market Landscape

·         Part 05: Pipeline Analysis

·         Part 06: Market Sizing

·         Part 07: Five Forces Analysis

·         Part 08: Market Segmentation

·         Part 09: Customer Landscape

·         Part 10: Regional Landscape

·         Part 11: Decision Framework

·         Part 12: Drivers and Challenges

·         Part 13: Market Trends

·         Part 14: Vendor Landscape

·         Part 15: Vendor Analysis

·         Part 16: Appendix

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