Omega-3 Gummies Market Synopsis:
Omega-3 Gummies Market Size Was Valued at USD 524.1 Million in 2023, and is Projected to Reach USD 978.8 Million by 2032, Growing at a CAGR of 7.2% From 2024-2032.
Oil capsules are a concise part of the dietary supplementation that is designed to deliver omega-3 acids, which are extracted mainly from fish oil, algal oil, and other plant sources. These gummies make it easy and pleasant to take the necessary nutrients such as EPA (eicosapentaenoic acid) and DHA (docosahexaenoic acid) into the consumer’s system, are attractive to clients who do not like having to swallow capsules, or those who experience fishy burps afterward. There is evidence that essential fatty acids are involved in having positive effects on brain, heart, and immune system hence the popularity of Omega-3 across different groups of people including children, adults and the elderly. Increasing recognition of these health benefits, along with changing consumer trend towards improved diets, has driven omega-3 gummies’ market as a new form of supplementation.
The omega-3 gummies market has been growing at a healthy pace in the last few years worldwide due to the growing awareness of the health benefits of omega-3 fatty acids and the global trend towards the consumption of functional and easy-to-consumer products. People continue to look for various forms of the modern-day capsule or tablet, and the gummies provide not only the nutritional and health solutions but also delicious taste and feel. The market has also received advances in the marketing strategies of leading companies, in terms of their understanding of the role of omega-3 for the protection of heart diseases, enhanced mental working and immune system. Moreover, due to the improvements to technology with encapsulation, it formed a further disguising of the fishy taste of omega-3 and has significantly helped consumer acceptance.
The market is also not affected by the particular age bracket as it is useful to the kids up to the elders at working stations. More specifically, omega-3 gummies have found especially high interest among consumers in developed countries such as those in North America and Europe compared with Asia, which believe in paying for one’s health and are more inclined to spend on high-quality dietary supplements. On the other hand, Asia-Pacific region’s emerging economies are gradually experiencing an increase in both awareness as well as the ability to spend which in turn enhance a gradual market growth.
Omega-3 Gummies Market Trend Analysis:
Growing Focus on Plant-Based Omega-3 Gummies
- One of the continually growing trends that exist in the omega-3 gummies market is the concern of plant-based sources of omega-3s due to the growing number of vegan and vegetarian population. Modern day customers are more conscious about sustainable and ethical sourcing of nutraceuticals and hence algae-based omega-3 gummies are the next big thing in the market. Algae oil is also a great supply of DHA and EPA besides being environmental-friendly compared its counterpart; fish oil in terms of over fishing and depletion of the aquatic Systems. Major players are diversifying their product offerings to launch omega-3 gummies with vegan certification that has benefited from the clean label concept of using natural ingredients. The trend towards offering plant-based products is believed to expand the customer base appeal in the next few years.
Rising Demand in Emerging Markets
- New economy has proved to be a good prospect for the omega-3 gummies market because of the rising focus on health, and higher disposable income among the middle-income group in these countries. Consumers in developing nations such as India, China and Brazil appear to be particularly interested in functional food and dietary supplements making the market prospective for growth. To start with, with increasing government focus on creating awareness on health foods and nutritional fortification especially for children and pregnant women, the market in these regions is also set to increase. Furthermore, with the growth of internet business operations in developing countries, omega-3 gummies have become widely available which presents a cheap opportunity to penetrate new markets.
Omega-3 Gummies Market Segment Analysis:
Omega-3 Gummies Market Segmented on the basis of Source, Age Group, Application, and Region.
By Source, Fish segment is expected to dominate the market during the forecast period
- The fish segment is expected to lead the omega-3 gummies market in the upcoming years due to Enhanced presence of EPA and DHA in fish that helps maintaining heart and brain health. Omega-3 from fish is still the most popular due to its effectiveness as well as due to the fact that the body can absorb it. Targeted regions including North America and Europe purchase fish oil-based gummies due to prove health benefits coupled with medical requirement of omega-3 supplement.
- However, the fish oil segment has some risks in its utilization in the production of animal feeds; some risks that include sustainable issue and contamination with heavy metals including mercury. For these reasons, manufacture is concentrating its attention on quality certifications such as “Friend of the Sea” and short call for “IFOS” which means International Fish Oil Standards to guarantee safety of product and its source. This has added more credibility to the fish segment with regards to market supremacy.
By Age Group, Children segment expected to held the largest share
- The children segment is anticipated to continue dominating the omega-3 gummies market, owing to growing concern for children’s dietary supplemental health and brain support. Parents are now taking omega3 gummies as a preventive measure necessary to help their children to have a sharp brain, better immunity and healthy growth. Prospective patients searching for a Gummy Vitamins’ sweet and colorful appearance, as well as its soft, chewable texture, will ignore the inherent reluctance many experiences toward swallowing conventional pills or capsules.
- Food producers have plans with kid-friendly products using natural ingredients, no sugar added, and product that can benefit children with allergies. Also, the reduced omega-3 intake from childhood diets has contributed to the increased doctor prescription for this segment to improve their health.
Omega-3 Gummies Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- North America as the leading market in the omega-3 gummies market in 2023. The high volume and dominance of this market is often related to the population awareness of the health benefits of omega three and the developed dietary supplement market in the region. This has especially been witnessed in the United States because through the growing cases of diseases such as cardiovascular diseases and obesity, people have been forced to include omega-3 products into their everyday lifestyle. Also, easy access to the improved retailing systems and most major market players makes it easier to access these improved products hence, obtaining North America a stronger market.
Active Key Players in the Omega-3 Gummies Market
- BASF SE (Germany)
- Better Nutritionals LLC (USA)
- BioSchwartz LLC (USA)
- Carlson Labs (USA)
- Church & Dwight Co., Inc. (USA)
- Coromega (USA)
- Dr. Tobias (USA)
- Hero Nutritionals LLC (USA)
- Jamieson Wellness Inc. (Canada)
- Nature’s Way Products, LLC (USA)
- Nordic Naturals (USA)
- Nutra Solutions USA (USA)
- Pharmavite LLC (USA)
- SmartyPants Vitamins (USA)
- The Gummy Bear Guy (USA)
- Other Active Players.
|
Omega-3 Gummies Market |
|||
|
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 524.1 Million |
|
Forecast Period 2024-32 CAGR: |
7.2% |
Market Size in 2032: |
USD 978.8 Million |
|
Segments Covered: |
By Source |
|
|
|
By Age Group |
|
||
|
By Application |
|
||
|
By Region |
|
||
|
Key Market Drivers: |
|
||
|
Key Market Restraints: |
|
||
|
Key Opportunities: |
|
||
|
Companies Covered in the report: |
|
||
Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Omega-3 Gummies Market by Drug Type
4.1 Omega-3 Gummies Market Snapshot and Growth Engine
4.2 Omega-3 Gummies Market Overview
4.3 Capsule
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Capsule: Geographic Segmentation Analysis
4.4 Powder
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Powder: Geographic Segmentation Analysis
4.5 Tablet
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Tablet: Geographic Segmentation Analysis
Chapter 5: Omega-3 Gummies Market by Indication
5.1 Omega-3 Gummies Market Snapshot and Growth Engine
5.2 Omega-3 Gummies Market Overview
5.3 Duodenal Ulcer
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Duodenal Ulcer: Geographic Segmentation Analysis
5.4 Gastric Ulcer
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Gastric Ulcer: Geographic Segmentation Analysis
5.5 Gastroesophageal Reflux Disease
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Gastroesophageal Reflux Disease: Geographic Segmentation Analysis
5.6 Erosive Esophagitis
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Erosive Esophagitis: Geographic Segmentation Analysis
5.7 Others
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Others: Geographic Segmentation Analysis
Chapter 6: Omega-3 Gummies Market by Distribution Channel
6.1 Omega-3 Gummies Market Snapshot and Growth Engine
6.2 Omega-3 Gummies Market Overview
6.3 Hospital Pharmacies
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Hospital Pharmacies: Geographic Segmentation Analysis
6.4 Retail Pharmacies
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Retail Pharmacies: Geographic Segmentation Analysis
6.5 Online Pharmacies
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Online Pharmacies: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Omega-3 Gummies Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 BASF SE (GERMANY)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 BETTER NUTRITIONALS LLC (USA)
7.4 BIOSCHWARTZ LLC (USA)
7.5 CARLSON LABS (USA)
7.6 CHURCH & DWIGHT CO. INC. (USA)
7.7 COROMEGA (USA)
7.8 DR. TOBIAS (USA)
7.9 HERO NUTRITIONALS LLC (USA)
7.10 JAMIESON WELLNESS INC. (CANADA)
7.11 NATURE’S WAY PRODUCTS LLC (USA)
7.12 NORDIC NATURALS (USA)
7.13 NUTRA SOLUTIONS USA (USA)
7.14 PHARMAVITE LLC (USA)
7.15 SMARTYPANTS VITAMINS (USA)
7.16 THE GUMMY BEAR GUY (USA)
7.17 OTHER ACTIVE PLAYERS
Chapter 8: Global Omega-3 Gummies Market By Region
8.1 Overview
8.2. North America Omega-3 Gummies Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Drug Type
8.2.4.1 Capsule
8.2.4.2 Powder
8.2.4.3 Tablet
8.2.5 Historic and Forecasted Market Size By Indication
8.2.5.1 Duodenal Ulcer
8.2.5.2 Gastric Ulcer
8.2.5.3 Gastroesophageal Reflux Disease
8.2.5.4 Erosive Esophagitis
8.2.5.5 Others
8.2.6 Historic and Forecasted Market Size By Distribution Channel
8.2.6.1 Hospital Pharmacies
8.2.6.2 Retail Pharmacies
8.2.6.3 Online Pharmacies
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Omega-3 Gummies Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Drug Type
8.3.4.1 Capsule
8.3.4.2 Powder
8.3.4.3 Tablet
8.3.5 Historic and Forecasted Market Size By Indication
8.3.5.1 Duodenal Ulcer
8.3.5.2 Gastric Ulcer
8.3.5.3 Gastroesophageal Reflux Disease
8.3.5.4 Erosive Esophagitis
8.3.5.5 Others
8.3.6 Historic and Forecasted Market Size By Distribution Channel
8.3.6.1 Hospital Pharmacies
8.3.6.2 Retail Pharmacies
8.3.6.3 Online Pharmacies
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Russia
8.3.7.2 Bulgaria
8.3.7.3 The Czech Republic
8.3.7.4 Hungary
8.3.7.5 Poland
8.3.7.6 Romania
8.3.7.7 Rest of Eastern Europe
8.4. Western Europe Omega-3 Gummies Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Drug Type
8.4.4.1 Capsule
8.4.4.2 Powder
8.4.4.3 Tablet
8.4.5 Historic and Forecasted Market Size By Indication
8.4.5.1 Duodenal Ulcer
8.4.5.2 Gastric Ulcer
8.4.5.3 Gastroesophageal Reflux Disease
8.4.5.4 Erosive Esophagitis
8.4.5.5 Others
8.4.6 Historic and Forecasted Market Size By Distribution Channel
8.4.6.1 Hospital Pharmacies
8.4.6.2 Retail Pharmacies
8.4.6.3 Online Pharmacies
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 The Netherlands
8.4.7.5 Italy
8.4.7.6 Spain
8.4.7.7 Rest of Western Europe
8.5. Asia Pacific Omega-3 Gummies Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Drug Type
8.5.4.1 Capsule
8.5.4.2 Powder
8.5.4.3 Tablet
8.5.5 Historic and Forecasted Market Size By Indication
8.5.5.1 Duodenal Ulcer
8.5.5.2 Gastric Ulcer
8.5.5.3 Gastroesophageal Reflux Disease
8.5.5.4 Erosive Esophagitis
8.5.5.5 Others
8.5.6 Historic and Forecasted Market Size By Distribution Channel
8.5.6.1 Hospital Pharmacies
8.5.6.2 Retail Pharmacies
8.5.6.3 Online Pharmacies
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Omega-3 Gummies Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Drug Type
8.6.4.1 Capsule
8.6.4.2 Powder
8.6.4.3 Tablet
8.6.5 Historic and Forecasted Market Size By Indication
8.6.5.1 Duodenal Ulcer
8.6.5.2 Gastric Ulcer
8.6.5.3 Gastroesophageal Reflux Disease
8.6.5.4 Erosive Esophagitis
8.6.5.5 Others
8.6.6 Historic and Forecasted Market Size By Distribution Channel
8.6.6.1 Hospital Pharmacies
8.6.6.2 Retail Pharmacies
8.6.6.3 Online Pharmacies
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkiye
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Omega-3 Gummies Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Drug Type
8.7.4.1 Capsule
8.7.4.2 Powder
8.7.4.3 Tablet
8.7.5 Historic and Forecasted Market Size By Indication
8.7.5.1 Duodenal Ulcer
8.7.5.2 Gastric Ulcer
8.7.5.3 Gastroesophageal Reflux Disease
8.7.5.4 Erosive Esophagitis
8.7.5.5 Others
8.7.6 Historic and Forecasted Market Size By Distribution Channel
8.7.6.1 Hospital Pharmacies
8.7.6.2 Retail Pharmacies
8.7.6.3 Online Pharmacies
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
|
Omega-3 Gummies Market |
|||
|
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 524.1 Million |
|
Forecast Period 2024-32 CAGR: |
7.2% |
Market Size in 2032: |
USD 978.8 Million |
|
Segments Covered: |
By Source |
|
|
|
By Age Group |
|
||
|
By Application |
|
||
|
By Region |
|
||
|
Key Market Drivers: |
|
||
|
Key Market Restraints: |
|
||
|
Key Opportunities: |
|
||
|
Companies Covered in the report: |
|
||
