Omega 3 Supplements Market

The new report by Expert Market Research titled, ‘Global Omega 3 Supplements Market Growth, Size, Price, Trends, Report and Forecast 2022-2027’, gives an in-depth analysis of the global omega 3 supplements market, assessing the market based on its segments like sources, forms, functionalities, end users, distribution channels, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

  • Forecast CAGR (2022-2027): 5%

The omega 3 supplements market is being driven by the growing demand for omega 3 supplements among pregnant women. Derivatives of omega 3, such as the fish oil are very useful for pregnant women, as the DHA present in it helps in the development of eyes and brain of the baby.  In addition, omega-3 fatty acids also help in avoiding premature births and miscarriage, while the EPA and DHA present in the supplement help pregnant women to avoid depression and anxiety.

Over the forecast period, the changing consumer preference towards leading a healthy lifestyle is anticipated to be a driving factor in the market growth, as omega 3 supplements are rich in vitamin A, D and E.

Omega 3 Supplements Industry Definition and Major Segments

Omega 3 supplement is defined as the dietary supplement which contains concentrated amounts of omega-3 fatty acids. These supplements can be consumed in the form of tablet, pill, and soft gel, among others.

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Based on source, the market is divided into:

  • Fish Oil
  • Krill Oil
  • Algae Oil
  • Others

The various forms of omega 3 supplements include:

  • Tablets
  • Capsules
  • Soft Gels
  • Others

On the basis of functionality, the market is segmented into:

  • Cardiovascular Health
  • Brain, Nervous System, and Mental Health
  • Eye Diseases
  • Diabetes
  • Others

The significant end users of omega 3 supplements are:

  • Adults
  • Geriatric
  • Pregnant Women
  • Children
  • Infants

The major distribution channels of the product are:

  • OTC
  • Prescribed

The regional markets for omega 3 supplements include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Omega 3 Supplements Market Trends

The development of new delivery platforms, along with the growing commercial availability of omega 3 supplements is likely to be a major trend driving the market growth in the forecast period. For instance, global biotech innovator Aker BioMarine launched LYSOVETA, a new delivery platform based on LPC-bound EPA and DHA derived from krill.

Such developments are likely to provide lucrative growth opportunities for omega 3 supplements market in the forecast period. In terms of region, North America is anticipated to witness a significant growth in the forecast period owing to the rising geriatric population and their requirement for essential dietary supplements to prevent heart-related diseases.

Key Market Players

The major players in the market are NutriGold Inc., Pharma Nord B.V., Luhua Biomarine (Shandong) Co., Ltd., Aker BioMarine ASA, KD Pharma Group SA, and Nordic Naturals, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.

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