Global Omega 3 (EPA/DHA) Ingredients Market Overview
The Global Omega 3 (EPA/DHA) Ingredients market was valued at USD 1.65 billion in 2023 and is expected to reach USD 2.23 billion by the year 2032, at a CAGR of 3.4%.
Omega-3 (EPA/DHA) ingredients are essential fatty acids that play a critical role in promoting heart health, cognitive function, and reducing inflammation. These ingredients are primarily sourced from marine-based products such as fish oil, krill oil, and algae, with fish oil being the most dominant source. As awareness of the health benefits of omega-3 increases, there has been a growing demand for EPA (Eicosapentaenoic Acid) and DHA (Docosahexaenoic Acid) in dietary supplements, functional foods, pharmaceuticals, and infant formulas. These ingredients are recognized for their efficacy in preventing cardiovascular diseases, supporting brain development in infants, and offering anti-inflammatory properties.
The market for omega-3 EPA/DHA ingredients has seen significant expansion due to the rise in nutraceuticals and functional food consumption. Additionally, the use of sustainable alternatives such as algal oil has gained traction due to concerns over overfishing and environmental sustainability. Leading companies such as DSM, BASF, and Cargill are investing in innovative extraction and production methods to cater to the rising demand for plant-based and pharmaceutical-grade omega-3 products. However, challenges like contamination in fish oil and the cost of production remain as obstacles that need to be addressed for continued growth.
Market Dynamics and Factor for the Omega 3 (EPA/DHA) Ingredients Market:
Drivers:
The market knowledge is being dominantly driven by the growing demand for infant formula products in emerging regions. China is the world's largest consumer of infant formula products, owing to the high birth rate in the country. DHA and EPA are important for infant brain development and immunity strength. DHA has well-established legal strains for inclusion into infant formula products in various regulations and WHO recommendations. Infant formula gains the key market share for algae omega-3 consumer products in China.
Based on a Norwegian study, omega-3 demonstrates a positive effect on a child's brain and improves a child's problem-solving abilities. According to recent research studies, high doses of DHA in baby formula or breast milk can have a worthwhile effect on the growth of preterm infants, such as growth in height. In some economies, such as China, where both the adult population and infant population are on the rise, the demand for infant nutrition and baby food is constantly increasing. The demand for infant nutrition fortified with omega-3 is rising from the parents who have busy lifestyles and less time to prepare meals.
Restraints:
Omega-3 levels can be raised through diet, but the easiest way to ensure constant and adequate intake is through daily dietary supplementation. Even though health-conscious consumers and heart condition patients understand the comfort of upping their omega-3 intake, a recent study by Euromonitor examined economies such as the US, United Kingdom (UK) and China, and found that most individuals were not getting enough of the daily recommended amount of Omega-3 fatty acids.
Opportunities:
As dietary supplement forms an active part of the daily diet in modernizing lifestyle, it is anticipated that there will be greater demand for the Omega 3 ingredients across the world. Key developers and manufacturers are showing keen interest in Omega 3 ingredients, as the global dietary supplements market is demanding, hence it can be expected that there would be greater market opportunities and higher returns for the investors in the EPA/DHA (Omega 3) Ingredients Market. Omega 3 ingredients have been supporting both physical and mental health, so it is used as both dietary supplement and preventive medicine which supply lucrative opportunities for the producers over the globe.
Market Segmentation
Segmentation Analysis of Omega 3 (EPA/DHA) Ingredients Market:
Based on the Type, the market is classified into eicosatetraenoic acid (EPA), docosahexaenoic acid (DHA), and alpha-linolenic acid (ALA). The combination of DHA and EPA helps in decreasing bad cholesterol and coronary heart diseases, such as strokes and blood pressure, which is expected to accelerate the growth of these segments.
Based on the Application, dietary supplements dominated the industry during the forecast period owing to the different health benefits of omega 3, growing R&D initiatives, and rising healthcare costs. Increasing the utilization of dietary supplements to maintain fitness and nutrient adequacy among adults is projected to increase the consumption of omega 3 in dietary supplement products. Dietary supplements are primarily consumed to ensure the intake of nutritional constituents important for the human body. Growing experiences of cardiovascular diseases due to the inactive and slow lifestyle, primarily among the age group of 30 to 40 years, and changing dietary patterns are the factors projected to hasten the importance of omega 3-based nutraceutical products in the market during the forecast period.
Based on the Source, fish oil and krill oil of marine source of omega 3 fatty acids accounted maximum share and is expected to witness significant growth during the forecast period. Demand for marine-based products is driven by rising consumer interest in omega 3 fatty acids obtained from fish and krill oils. Growing consumption of omega 3 in the form of fortified food products, such as fish ham and fish sausages, is expected to drive the segment in the upcoming years. Furthermore, rising awareness about the consumption of high triglyceride levels is anticipated to stimulate the demand for omega 3-fortified foods.
Regional Analysis of Omega 3 (EPA/DHA) Ingredients Market:
Omega 3 ingredients are mainly obtained and processed in North America, owing to increasing dietary supplement brands and massive herbal and chemical processing companies. In the US, consumers show an extensive interest in Omega 3 ingredients owing to inflating neurological disorders.
In Europe, Omega 3 ingredients have diverse supply chains and wider applications owing to rising concern for cognitive health and cancer prevention. Growing product utilization, primarily in the form of dietary supplements, on account of the rising aging population in emerged economies, such as the Netherlands, Germany, France, and the U.K., is probably to turn the market.
In the Asia Pacific region, Omega 3 ingredients are used as herbal recoveries owing to traditional medical practices and as an oil, it is used in regions of Australia, China, etc. Growing intake of fish oil in the daily diet, as well as rising health consciousness, are increasing the demand for omega 3 in this region. Furthermore, the increasing cultivation of krill fish in the South China Sea and the Indian Ocean is anticipated to accelerate the regional market growth during the forecast period.
In the Middle East & Africa, Omega 3 ingredients are imported for emerging mental health with lesser utilizations. Owing to growing demands and distributions, the growth of the global Omega 3 ingredients market is anticipated to remain positive in the projected period. In Latin America, EPA/DHA (Omega 3) Ingredients are mostly consumed as preventive medicine for cardiovascular diseases owing to raised health consciousness.
Players Covered in Omega 3 (EPA/DHA) Ingredients Market are:
- BASF SE (Germany)
- DSM (Netherlands)
- Aker BioMarine ASA (Norway)
- Croda International PLC (UK)
- Stepan Company (US)
- Pharma Marine (Norway)
- GC Riber Group (Norway)
- Clover Corporation (Australia)
- Omega Protein Corporation (US)
- Cellana (US)
- United Laboratories (India)
- Abee (India)
- Ocean Nutrition Canada Limited (Canada)
- Arista Industries (US) and other major players.
Key Industry Development for the Omega 3 (EPA/DHA) Ingredients Market:
- In September 2024, the Global Organization for EPA and DHA Omega-3s (GOED) highlighted modest growth in the omega-3 ingredient market, with global volume reaching 124,480 metric tons in 2023, a 1.4% rise from 2022. Despite supply shortages and price increases, demand for dietary supplements remained stable, while pet nutrition, especially in China and the U.S., experienced significant expansion. High-value sectors like pharmaceuticals and infant formula also contributed to the market's overall progress.
Global Omega 3 (EPA/DHA) Ingredients Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 1.65 Bn. |
Forecast Period 2024-32 CAGR: |
3.4% |
Market Size in 2032: |
USD 2.23 Bn. |
Segments Covered: |
By Type |
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By Source |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
ā1.1 Research Objectives
ā1.2 Research Methodology
ā1.3 Research Process
ā1.4 Scope and Coverage
āā1.4.1 Market Definition
āā1.4.2 Key Questions Answered
ā1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
ā3.1 By Type
ā3.2 By Source
ā3.3 By Application
Chapter 4: Market Landscape
ā4.1 Porter's Five Forces Analysis
āā4.1.1 Bargaining Power of Supplier
āā4.1.2 Threat of New Entrants
āā4.1.3 Threat of Substitutes
āā4.1.4 Competitive Rivalry
āā4.1.5 Bargaining Power Among Buyers
ā4.2 Industry Value Chain Analysis
ā4.3 Market Dynamics
āā4.3.1 Drivers
āā4.3.2 Restraints
āā4.3.3 Opportunities
āā4.5.4 Challenges
ā4.4 Pestle Analysis
ā4.5 Technological Roadmap
ā4.6 Regulatory Landscape
ā4.7 SWOT Analysis
ā4.8 Price Trend Analysis
ā4.9 Patent Analysis
ā4.10 Analysis of the Impact of Covid-19
āā4.10.1 Impact on the Overall Market
āā4.10.2 Impact on the Supply Chain
āā4.10.3 Impact on the Key Manufacturers
āā4.10.4 Impact on the Pricing
Chapter 5: Omega 3 (EPA/DHA) Ingredients Market by Type
ā5.1 Omega 3 (EPA/DHA) Ingredients Market Overview Snapshot and Growth Engine
ā5.2 Omega 3 (EPA/DHA) Ingredients Market Overview
ā5.3 Alpha-Linolenic Acid {ALA}
āā5.3.1 Introduction and Market Overview
āā5.3.2 Historic and Forecasted Market Size (2017-2032F)
āā5.3.3 Key Market Trends, Growth Factors and Opportunities
āā5.3.4 Alpha-Linolenic Acid {ALA}: Grographic Segmentation
ā5.4 Eicosapentaenoic Acid {EPA}
āā5.4.1 Introduction and Market Overview
āā5.4.2 Historic and Forecasted Market Size (2017-2032F)
āā5.4.3 Key Market Trends, Growth Factors and Opportunities
āā5.4.4 Eicosapentaenoic Acid {EPA}: Grographic Segmentation
ā5.5 Docosahexaenoic Acid {DHA}
āā5.5.1 Introduction and Market Overview
āā5.5.2 Historic and Forecasted Market Size (2017-2032F)
āā5.5.3 Key Market Trends, Growth Factors and Opportunities
āā5.5.4 Docosahexaenoic Acid {DHA}: Grographic Segmentation
Chapter 6: Omega 3 (EPA/DHA) Ingredients Market by Source
ā6.1 Omega 3 (EPA/DHA) Ingredients Market Overview Snapshot and Growth Engine
ā6.2 Omega 3 (EPA/DHA) Ingredients Market Overview
ā6.3 Fish Oil & Krill Oil
āā6.3.1 Introduction and Market Overview
āā6.3.2 Historic and Forecasted Market Size (2017-2032F)
āā6.3.3 Key Market Trends, Growth Factors and Opportunities
āā6.3.4 Fish Oil & Krill Oil: Grographic Segmentation
ā6.4 Algal Oil
āā6.4.1 Introduction and Market Overview
āā6.4.2 Historic and Forecasted Market Size (2017-2032F)
āā6.4.3 Key Market Trends, Growth Factors and Opportunities
āā6.4.4 Algal Oil: Grographic Segmentation
ā6.5 Walnut
āā6.5.1 Introduction and Market Overview
āā6.5.2 Historic and Forecasted Market Size (2017-2032F)
āā6.5.3 Key Market Trends, Growth Factors and Opportunities
āā6.5.4 Walnut: Grographic Segmentation
ā6.6 Pumpkin Seeds
āā6.6.1 Introduction and Market Overview
āā6.6.2 Historic and Forecasted Market Size (2017-2032F)
āā6.6.3 Key Market Trends, Growth Factors and Opportunities
āā6.6.4 Pumpkin Seeds: Grographic Segmentation
ā6.7 Soyabean Oil
āā6.7.1 Introduction and Market Overview
āā6.7.2 Historic and Forecasted Market Size (2017-2032F)
āā6.7.3 Key Market Trends, Growth Factors and Opportunities
āā6.7.4 Soyabean Oil: Grographic Segmentation
ā6.8 Others
āā6.8.1 Introduction and Market Overview
āā6.8.2 Historic and Forecasted Market Size (2017-2032F)
āā6.8.3 Key Market Trends, Growth Factors and Opportunities
āā6.8.4 Others: Grographic Segmentation
Chapter 7: Omega 3 (EPA/DHA) Ingredients Market by Application
ā7.1 Omega 3 (EPA/DHA) Ingredients Market Overview Snapshot and Growth Engine
ā7.2 Omega 3 (EPA/DHA) Ingredients Market Overview
ā7.3 Pharmaceutical Industry
āā7.3.1 Introduction and Market Overview
āā7.3.2 Historic and Forecasted Market Size (2017-2032F)
āā7.3.3 Key Market Trends, Growth Factors and Opportunities
āā7.3.4 Pharmaceutical Industry: Grographic Segmentation
ā7.4 Dietary Supplement
āā7.4.1 Introduction and Market Overview
āā7.4.2 Historic and Forecasted Market Size (2017-2032F)
āā7.4.3 Key Market Trends, Growth Factors and Opportunities
āā7.4.4 Dietary Supplement: Grographic Segmentation
ā7.5 Food & Beverage Industry
āā7.5.1 Introduction and Market Overview
āā7.5.2 Historic and Forecasted Market Size (2017-2032F)
āā7.5.3 Key Market Trends, Growth Factors and Opportunities
āā7.5.4 Food & Beverage Industry: Grographic Segmentation
ā7.6 Animal Nutrition
āā7.6.1 Introduction and Market Overview
āā7.6.2 Historic and Forecasted Market Size (2017-2032F)
āā7.6.3 Key Market Trends, Growth Factors and Opportunities
āā7.6.4 Animal Nutrition: Grographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
ā8.1 Competitive Landscape
āā8.1.1 Competitive Positioning
āā8.1.2 Omega 3 (EPA/DHA) Ingredients Sales and Market Share By Players
āā8.1.3 Industry BCG Matrix
āā8.1.4 Ansoff Matrix
āā8.1.5 Omega 3 (EPA/DHA) Ingredients Industry Concentration Ratio (CR5 and HHI)
āā8.1.6 Top 5 Omega 3 (EPA/DHA) Ingredients Players Market Share
āā8.1.7 Mergers and Acquisitions
āā8.1.8 Business Strategies By Top Players
ā8.2 BASF SE
āā8.2.1 Company Overview
āā8.2.2 Key Executives
āā8.2.3 Company Snapshot
āā8.2.4 Operating Business Segments
āā8.2.5 Product Portfolio
āā8.2.6 Business Performance
āā8.2.7 Key Strategic Moves and Recent Developments
āā8.2.8 SWOT Analysis
ā8.3 DSM
ā8.4 AKER BIOMARINE ASA
ā8.5 CRODA INTERNATIONAL PLC
ā8.6 STEPAN COMPANY
ā8.7 PHARMA MARINE
ā8.8 GC RIBER GROUP
ā8.9 CLOVER CORPORATION
ā8.10 OMEGA PROTEIN CORPORATION
ā8.11 CELLANA
ā8.12 UNITED LABORATORIES
ā8.13 ABEE
ā8.14 OCEAN NUTRITION CANADA LIMITED
ā8.15 ARISTA INDUSTRIES
ā8.16 OTHER MAJOR PLAYERS
Chapter 9: Global Omega 3 (EPA/DHA) Ingredients Market Analysis, Insights and Forecast, 2017-2032
ā9.1 Market Overview
ā9.2 Historic and Forecasted Market Size By Type
āā9.2.1 Alpha-Linolenic Acid {ALA}
āā9.2.2 Eicosapentaenoic Acid {EPA}
āā9.2.3 Docosahexaenoic Acid {DHA}
ā9.3 Historic and Forecasted Market Size By Source
āā9.3.1 Fish Oil & Krill Oil
āā9.3.2 Algal Oil
āā9.3.3 Walnut
āā9.3.4 Pumpkin Seeds
āā9.3.5 Soyabean Oil
āā9.3.6 Others
ā9.4 Historic and Forecasted Market Size By Application
āā9.4.1 Pharmaceutical Industry
āā9.4.2 Dietary Supplement
āā9.4.3 Food & Beverage Industry
āā9.4.4 Animal Nutrition
Chapter 10: North America Omega 3 (EPA/DHA) Ingredients Market Analysis, Insights and Forecast, 2017-2032
ā10.1 Key Market Trends, Growth Factors and Opportunities
ā10.2 Impact of Covid-19
ā10.3 Key Players
ā10.4 Key Market Trends, Growth Factors and Opportunities
ā10.4 Historic and Forecasted Market Size By Type
āā10.4.1 Alpha-Linolenic Acid {ALA}
āā10.4.2 Eicosapentaenoic Acid {EPA}
āā10.4.3 Docosahexaenoic Acid {DHA}
ā10.5 Historic and Forecasted Market Size By Source
āā10.5.1 Fish Oil & Krill Oil
āā10.5.2 Algal Oil
āā10.5.3 Walnut
āā10.5.4 Pumpkin Seeds
āā10.5.5 Soyabean Oil
āā10.5.6 Others
ā10.6 Historic and Forecasted Market Size By Application
āā10.6.1 Pharmaceutical Industry
āā10.6.2 Dietary Supplement
āā10.6.3 Food & Beverage Industry
āā10.6.4 Animal Nutrition
ā10.7 Historic and Forecast Market Size by Country
āā10.7.1 U.S.
āā10.7.2 Canada
āā10.7.3 Mexico
Chapter 11: Europe Omega 3 (EPA/DHA) Ingredients Market Analysis, Insights and Forecast, 2017-2032
ā11.1 Key Market Trends, Growth Factors and Opportunities
ā11.2 Impact of Covid-19
ā11.3 Key Players
ā11.4 Key Market Trends, Growth Factors and Opportunities
ā11.4 Historic and Forecasted Market Size By Type
āā11.4.1 Alpha-Linolenic Acid {ALA}
āā11.4.2 Eicosapentaenoic Acid {EPA}
āā11.4.3 Docosahexaenoic Acid {DHA}
ā11.5 Historic and Forecasted Market Size By Source
āā11.5.1 Fish Oil & Krill Oil
āā11.5.2 Algal Oil
āā11.5.3 Walnut
āā11.5.4 Pumpkin Seeds
āā11.5.5 Soyabean Oil
āā11.5.6 Others
ā11.6 Historic and Forecasted Market Size By Application
āā11.6.1 Pharmaceutical Industry
āā11.6.2 Dietary Supplement
āā11.6.3 Food & Beverage Industry
āā11.6.4 Animal Nutrition
ā11.7 Historic and Forecast Market Size by Country
āā11.7.1 Germany
āā11.7.2 U.K.
āā11.7.3 France
āā11.7.4 Italy
āā11.7.5 Russia
āā11.7.6 Spain
āā11.7.7 Rest of Europe
Chapter 12: Asia-Pacific Omega 3 (EPA/DHA) Ingredients Market Analysis, Insights and Forecast, 2017-2032
ā12.1 Key Market Trends, Growth Factors and Opportunities
ā12.2 Impact of Covid-19
ā12.3 Key Players
ā12.4 Key Market Trends, Growth Factors and Opportunities
ā12.4 Historic and Forecasted Market Size By Type
āā12.4.1 Alpha-Linolenic Acid {ALA}
āā12.4.2 Eicosapentaenoic Acid {EPA}
āā12.4.3 Docosahexaenoic Acid {DHA}
ā12.5 Historic and Forecasted Market Size By Source
āā12.5.1 Fish Oil & Krill Oil
āā12.5.2 Algal Oil
āā12.5.3 Walnut
āā12.5.4 Pumpkin Seeds
āā12.5.5 Soyabean Oil
āā12.5.6 Others
ā12.6 Historic and Forecasted Market Size By Application
āā12.6.1 Pharmaceutical Industry
āā12.6.2 Dietary Supplement
āā12.6.3 Food & Beverage Industry
āā12.6.4 Animal Nutrition
ā12.7 Historic and Forecast Market Size by Country
āā12.7.1 China
āā12.7.2 India
āā12.7.3 Japan
āā12.7.4 Singapore
āā12.7.5 Australia
āā12.7.6 New Zealand
āā12.7.7 Rest of APAC
Chapter 13: Middle East & Africa Omega 3 (EPA/DHA) Ingredients Market Analysis, Insights and Forecast, 2017-2032
ā13.1 Key Market Trends, Growth Factors and Opportunities
ā13.2 Impact of Covid-19
ā13.3 Key Players
ā13.4 Key Market Trends, Growth Factors and Opportunities
ā13.4 Historic and Forecasted Market Size By Type
āā13.4.1 Alpha-Linolenic Acid {ALA}
āā13.4.2 Eicosapentaenoic Acid {EPA}
āā13.4.3 Docosahexaenoic Acid {DHA}
ā13.5 Historic and Forecasted Market Size By Source
āā13.5.1 Fish Oil & Krill Oil
āā13.5.2 Algal Oil
āā13.5.3 Walnut
āā13.5.4 Pumpkin Seeds
āā13.5.5 Soyabean Oil
āā13.5.6 Others
ā13.6 Historic and Forecasted Market Size By Application
āā13.6.1 Pharmaceutical Industry
āā13.6.2 Dietary Supplement
āā13.6.3 Food & Beverage Industry
āā13.6.4 Animal Nutrition
ā13.7 Historic and Forecast Market Size by Country
āā13.7.1 Turkey
āā13.7.2 Saudi Arabia
āā13.7.3 Iran
āā13.7.4 UAE
āā13.7.5 Africa
āā13.7.6 Rest of MEA
Chapter 14: South America Omega 3 (EPA/DHA) Ingredients Market Analysis, Insights and Forecast, 2017-2032
ā14.1 Key Market Trends, Growth Factors and Opportunities
ā14.2 Impact of Covid-19
ā14.3 Key Players
ā14.4 Key Market Trends, Growth Factors and Opportunities
ā14.4 Historic and Forecasted Market Size By Type
āā14.4.1 Alpha-Linolenic Acid {ALA}
āā14.4.2 Eicosapentaenoic Acid {EPA}
āā14.4.3 Docosahexaenoic Acid {DHA}
ā14.5 Historic and Forecasted Market Size By Source
āā14.5.1 Fish Oil & Krill Oil
āā14.5.2 Algal Oil
āā14.5.3 Walnut
āā14.5.4 Pumpkin Seeds
āā14.5.5 Soyabean Oil
āā14.5.6 Others
ā14.6 Historic and Forecasted Market Size By Application
āā14.6.1 Pharmaceutical Industry
āā14.6.2 Dietary Supplement
āā14.6.3 Food & Beverage Industry
āā14.6.4 Animal Nutrition
ā14.7 Historic and Forecast Market Size by Country
āā14.7.1 Brazil
āā14.7.2 Argentina
āā14.7.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Global Omega 3 (EPA/DHA) Ingredients Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 1.65 Bn. |
Forecast Period 2024-32 CAGR: |
3.4% |
Market Size in 2032: |
USD 2.23 Bn. |
Segments Covered: |
By Type |
|
|
By Source |
|
||
By Application |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
Frequently Asked Questions :
The forecast period in the Omega 3 (EPA/DHA) Ingredients Market research report is 2022-2028.
BASF SE (Germany), DSM (Netherlands), Aker BioMarine ASA (Norway), Croda International PLC (UK), Stepan Company (US), Pharma Marine (Norway), GC Riber Group (Norway), Clover Corporation (Australia), Omega Protein Corporation (US), Cellana (US), United Laboratories (India), Abee (India), Ocean Nutrition Canada Limited (Canada), Arista Industries (US), and other major players.
The Omega 3 (EPA/DHA) Ingredients Market is segmented into Type, Source, Applications, and region. By Type, the market is categorized into Alpha-Linolenic Acid {Ala}, Eicosapentaenoic Acid {Epa}, Docosahexaenoic Acid {Dha}. By Source the market is categorized into Fish Oil & Krill Oil, Algal Oil, Walnut, Pumpkin Seeds, Soyabean Oil, and Others. By Application, the market is categorized into Pharmaceutical Industry, Dietary Supplement, Food & Beverage Industry, and Animal Nutrition. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Omega 3 fatty acid is a class of essential polyunsaturated fatty acids that are mainly found in marine animals in plants. It is considered a nutraceutical because it plays a vital role in every aspect of the development of the human body. Moreover, they are not synthesized by the body which makes them essential. Omega-3 fatty acids have been associated with healthy aging throughout life.
The Global Omega 3 (EPA/DHA) Ingredients market was valued at USD 1.65 billion in 2023 and is expected to reach USD 2.23 billion by the year 2032, at a CAGR of 3.4%.