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A01355 | Pages: 256 | Charts: 65 | Tables: 162 |
Omega-3 Market Research, 2033
Market Introduction and Definition
The global omega-3 market was valued at $7.9 billion in 2023, and is projected to reach $30.8 billion by 2033, growing at a CAGR of 14.7% from 2024 to 2033. Fish Oil, krill Oil, algal oil, walnut, pumpkin seeds, squid, and others are rich sources of Omega-3 fatty acids such as EPA and DHA. Awareness amongst consumers regarding the health benefits associated with it is now increasing. Scientific studies showing multiple benefits in the consumption of Omega-3 have raised awareness among consumers and also with the incorporation of fish and algae oils into food and beverages. Hence, a substantial change in the diet of the consumers and their lifestyles is observed. Due to these health benefits, the demand for omega-3 is accelerating globally. Omega-3 food products are among the expanding product segments and Asia will be the fastest-expanding market for this category. Omega-3 intake helps to prevent chronic diseases such as cancer, arthritis, and cardiovascular diseases.
In addition, Omega-3 supplements such as EPA and DHA helps in the inhibition of prostrate, colon, and breast cancer. With consumption of a variety of fish twice a week reduces cardiovascular disorders. There have been a lot of suggestions from a number of large renowned medical organizations that with the optimal dosage of omega-3 fatty acid heart conditions can be improved. Omega-3 fatty acids are the most important fats that protect the heart and arteries. This drives the need for omega-3 supplements all over the world thus growing the food and nutrition market.
Key Takeaways
The Omega 3 Industry study covers 20 countries. The research includes a segment analysis of each country in terms of value ($Million) for the projected period 2023-2032.
More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major energy storage system industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions in order to achieve their most ambitious growth objectives.
Key Market Segments
Key Market Players