• Home
  • » Food
  • » Omega 3 Market Size, Share, Trends, 2028 | Industry Report

Omega 3 Market Size, Share & Trends Analysis Report By Type, By Source, By Application, By Region And Segment Forecasts From 2020 To 2028

Report ID: MN17620369  |  Published: November 2022  |  No of Pages: 115
Format: Electronic (PDF)  |  Industry: Food

The global omega-3 market is anticipated to be worth USD 3.82 billion by 2028. Factors likely to drive the industry’s growth include a rise in the occurrence of cardiovascular diseases (CVDs), modifications in dietary habits, and the importance of immunity development. The addition of omega-3 ingredients to the diet tends to maintain brain and heart health, which strives to increase the demand for the product. Besides, an inactive lifestyle, remote working trends, and poor physical activity are projected to increase the demand and boost the industry’s growth during the forecast period.

A huge surge in heart and obesity-related cases, especially in the U.S. is expected to up-scale the industry in the forecast period. For instance, according to the data report of the American Medical Association, heart disease was one of the main causes of death in the U.S in 2020 that accounted for 690,882 deaths. Hence, the approval of omega-3 supplements by the U.S. Food and Drug Administration (FDA) has been useful for the treatment and diagnosis of patients with diseases. Besides the inclusion of docosahexaenoic acid (DHA) and eicosapentaenoic acid (EPA) are regarded as essential adjuncts to diet. All these factors are likely to boost the industry’s growth during the forecast period.

The role of manufacturers in the active adoption of innovative and advanced manufacturing technologies is expected to drive the industry’s growth in the forecast period. Manufacturers are on the verge of effectively eliminating environmental pollutants from fish oil and curtailing oxidation, thus striving to increase the omega-3 content in final products to constitute the provision of health benefits associated with fish oil. For instance, Smartfish has inaugurated manufacturing strategies that combat oil oxidation and ensures high-temperature resistance for its products.

In terms of segment, the marine source segment dominated the market on the account of the availability of fish oil, which is considered the main marine source, usually derived from anchovy fish. Additionally, the processing and extraction cost of fish oils as well as the accessibility of anchovy fish tend to determine the price of omega 3, which tends to drive the industry’s growth during the forecast period. Besides, the growth of mercury levels in fish is projected to negatively impact the price of fish oil in the forecast period.

In terms of regional growth, North America dominated the market owing to the increase in awareness of consumers regarding healthy products. The demand for nutrition-enhanced products from food to essential supplements is likely to drive the industry’s growth during the forecast period. Besides, the presence of various organizations like BioProcess Algae, Martek Biosciences Corp., and Omega Protein Corp, is expected to contribute towards the industry’s growth owing to the focus on research and development (R&D) activities to expand the development of omega 3 products.

Key players are focused on the provision of differentiated products to enhance market competition and gain the highest market share. For instance, Aker BioMarine has introduced the latest platform known as the Omega 3 Index Project as a part of its product portfolio development to create awareness regarding the intake of omega 3 DHA and EPA. Besides, a rise in the trend of veganism has made manufacturers focus on non-fish sources. For instance, Polaris inaugurated Omegavie DHA 800 oil in June 2021. This oil made provision for a huge collection of 800 mg of DHA useful for the production of vegan capsules, thus contributing towards the escalation of the industry.

Omega 3 Market Report Key Takeaways

  • In 2020, the DHA segment upheld the market with a revenue share of 62%. DHA is useful for the reduction of cholesterol and refines the health conditions of patients suffering from blood pressure issues. Also, a rise in coronary heart disorders is also likely to drive the segment’s growth
  • The EPA segment is projected to expand during the forecast period. This expansion is based on the increase in demand for dietary supplements that tends to boost immunity, and have anti-inflammatory properties for the improvement of the immunity system
  • In 2020, the marine source segment accounted for the largest revenue share at 82.8%. Availability of fish oil is the main source of marine which is derived from anchovy fish. Besides, based on the processing and extraction cost of fish oil, the price of omega-3 is strategized, which tends to drive the segment’s growth
  • In 2020, the supplement and functional foods segment upheld the market with a 52.1% revenue share. A surge in DHA supplements for lactating mothers and pregnant ladies, and awareness of nutritional food among athletes and gym professionals contribute towards the segment’s growth
  • In 2020, North America dominated the market with the largest revenue share of 37.3%. The focus on R&D for the development of omega-3 by various organizations like Martek Biosciences Corp., BioProcess Algae, and Omega Protein Corp. is likely to propel the growth


Omega 3 Market Segments

  • Omega-3 Type Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)
    • Docosahexaenoic acid (DHA)
    • Eicosapentaenoic acid (EPA)
    • Alpha-linolenic acid (ALA)
  • Omega-3 Source Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)
    • Marine Source
    • Plant Source
  • Omega-3 Application Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)
    • Supplements & Functional Foods
    • Pharmaceuticals
    • Infant Formula
    • Animal Feed & Pet Food
    • Others
  • Omega-3 Regional Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • Germany
      • France
      • Italy
      • Spain
      • The Netherlands
      • Norway
    • Asia Pacific
      • China
      • Japan
      • India
      • Australia
      • New Zealand
    • Central & South America (CSA)
      • Brazil
      • Argentina
    • Middle East & Africa (MEA)
      • UAE
  • List of Key Players in Omega-3 Market
    • Aker Biomarine Antarctic AS
    • Orkla Health
    • BASF SE
    • Omega Protein Corp.
    • GC Reiber Oils
    • Lonza
    • Croda International Plc
    • EPAX
    • BioProcess Algae, LLC
    • Koninklijke DSM N.V.
What questions do you have? Get quick response from our industry experts. Request More information
Key questions answered in the report include
key questions
We also offers customization on reports based on specific client requirement.
Request for Customization

Choose License Type

Research Assistance

Ryan Manuel
Ryan Manuel

Research Support Specialist, USA

  1. Phone: +1-408-610-2300
  2. Toll Free: +1-866-831-4085
  3. Email: [email protected]
Connect With Expert
  • World's largest premium report database
  • Transparent pre & post sale customer engagement model
  • Unparalleled flexibility in terms of rendering services
  • Safe & secure web experience
  • 24*5 Research support service

Get a Free Sample

FREE sample contains market data points, ranging from trend analyses to market estimates & forecasts. See for yourself...