Omega-3 Market, By Type (DHA, EPA, and ALA), By Application (Dietary Supplements, Functional Foods & Beverages, Pharmaceuticals, Infant Formula, and Pet Food & Feed), By Source (Marine and Plant), By Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) – Market Size & Forecasting To 2030

COVID-19 Impact : Our team has been closely monitoring the current developments to identify the potential impact of COVID-19 on stakeholders and business processes across the value chain of industries. A special section about COVID-19 will be covered with the report to help companies in defining sustainable strategies.

The Global Omega-3 Market Size by type, application and source. The report includes a global opportunity analysis and industry forecasts for the period 2021-2030. The global market was valued at USD xx. xx billion in 2020 and is expected to reach USD xx. xx billion by 2030, registering a CAGR of xx. xx% from 2021 to 2030. The base year considered for the  study is 2020, and the forecast has been provided for the period, 2021 to 2030.

Summarization of the Report

The Omega-3 market is one of the most sustainable markets with a number of global trends underscoring its growth. The report provides a detailed analysis of the various market segments and their market sizes and CAGRs,  to help determine the attractiveness of different segments. It includes market forecasts for different regions, major developments, revenues, etc., to give an overview of the market scenario.

Further, it contains a detailed discussion about the various present and future market trends, market dynamics, growth opportunities, and risks and threats. To help readers get in-depth insights on the market, the report contains upstream raw materials, downstream client survey, marketing channels, industry development trends, and a detailed value chain analysis.

The future of agriculture lies in digital technologies, which will help the Omega-3 market to function optimally, which will eventually boost the food trade. For example, big data will impact farming in a big way by tracking plant diseases to find if crops will be routed based on current and past harvests. The potential of all such technologies for future market growth has been summarized in the report, along with an overview of the industry, geographies, and complicated value chains, diverse inputs and production, and processing and retailing.

Market Scenario

The report provides all vital inputs aimed at outlining the Omega-3 market in the face of various effects. These effects include different risks across regions, hike in global food prices, reducing the current digital divide in order to address the needs of the small farmers, and keeping the supply chain functioning as per the Food and Agriculture Organization (FAO) of the United Nations.

The agriculture industry has been instrumental in uplifting poverty, increase incomes, and food security for the weaker classes. As per the World Bank, 80% of the world's destitute living in rural areas relies upon farming for their daily survival. As per the World Bank projection, under pre-COVID-19 scenario, the development in agriculture is expected to feed 9.7 billion people by 2050, and provide employment opportunity to poor working adults reducing extreme impoverishment.

COVID-19 has struck at the roots of the society hitting the Omega-3 market adversely. The supply chain, raw material supply and demand, government rules and regulations, and market size of the worldwide market have bore the brunt. The food and agriculture industry has been able to survive the onslaught of COVID-19 with vertical integration imperative in food systems that address the needs of lengthy food supply chains making them strong and resilient along the way.

To provide a complete analysis of the global Omega-3 market, transformations in population growth, income, demographics, behaviors, productivity, and industry layout are etched in the report. Innovative systems are mandatory to protect the natural resources and agro-forestry. Technological improvements with respect to fossil use and climate change, without robbing the environmental cover and coping with natural hazards affecting the eco-system worldwide, will have a huge impact on the food and agriculture industry. All such issues have been discussed in details in this research study.

Growth Mapping     

Both qualitative and quantitative tools have been employed for growth mapping of the Omega-3 market. These tools are as follows - SWOT analysis to determine strength, weakness, opportunities and threat, PESTEL analysis to figure out the major macro-environmental factors catering to organizational growth, and PORTER’S five forces analysis to evaluate the various aspects of the industry. 

The report provides data on end-use demand, projected market price, trends, historical information, and production forecast of leading industrial players, offering a wholesome coverage of the Omega-3 market. The report also throws light on company profiles, product portfolio, regional outlook, strategic analysis, and key players in the market, sales, distribution chain, and new market entrants.

Regional Analysis

To gain a clearer picture of the Omega-3 market, the report outlines sector-wise growth in regions of North America, Europe, Asia Pacific, Middle East and Africa, and South America. These regions have been analyzed with respect to the market to determine their attractiveness for the industry players with inputs of market size, risk, and growth potential.

Farming has come out of hibernation to become a more sophisticated agribusiness, but the Omega-3 market space is vast with multiple products, including pork, poultry, fish and beef in relation to the hybrid value chain.

Among various countries, China has a big market for Omega-3 for food safety and quality. Analysts forecast the global Omega-3 market to register high growth, with the industry being highly fragmented at local and regional levels.

The agriculture sector has been on a steady decline despite various governments’ focus on providing relief schemes and packages for the benefit of small farmers. The U.S. last year played the spoilsport with agriculture traversing a decline due to underdeveloped rural roads. Limited fruits and vegetable produce outflow from California was transparent, with its contribution to market outflow ideally being regarded as very high. 

On the other hand, Africa, Arabian Peninsula, and Southwest Asia were witnessing crop devastations and food security issues. These regions need to practice cross-regional associations to thwart any disaster related to food security.

Hunger and starvation are going to be felt in over 20 countries without external humanitarian aid as warned by FAO, among which Yemen, South Sudan, and Nigeria top the chart. This will entail more national and international efforts to ensure rapid agricultural development for food security, which in turn, will provide a major impetus to the global Omega-3 market.

Competitive Landscape

The key players operating the global Omega-3 market, which are playing a major role in market development have been studied extensively in this report. Company overview, latest trends, financials, R&D expenditures, and SWOT analysis are some of the key features of the competitive analysis provided in this study.

Methodology

The Omega-3 market report analysis is based on both primary and secondary data sources. Primary sources include interviews conducted with various industry analysts, suppliers and distributors, whereas secondary sources include data collected from government websites and annual report of companies and other relevant documents.

All the information provided in the study is corroborated by the global market leaders. The report underscores the use of top-down approach to evaluate figures for each market segment, which are then validated by leveraging the bottom-up approach. 

Market Segmentation:

By Type:

  • DHA
  • EPA
  • ALA

By Application:

  • Dietary Supplements
  • Functional Foods & Beverages
  • Pharmaceuticals
  • Infant Formula
  • Pet Food & Feed

By Source:

  • Marine
  • Plant

By Region:

North America Omega-3 Market

  • North America, by Country
    • US
    • Canada
    • Mexico
  • North America, by Type
  • North America, by Application
  • North America, by Source

Europe Omega-3 Market

  • Europe, by Country
    • Germany
    • Russia
    • UK
    • France
    • Italy
    • Spain
    • The Netherlands
    • Rest of Europe 
  • Europe, by Type
  • Europe, by Application
  • Europe, by Source

Asia Pacific Omega-3 Market

  • Asia Pacific, by Country
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Indonesia
    • Rest of Asia Pacific 
  • Asia Pacific, by Type
  • Asia Pacific, by Application
  • Asia Pacific, by Source

Middle East & Africa Omega-3 Market

  • Middle East & Africa, by Country 
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa
  • Middle East & Africa, by Type
  • Middle East & Africa, by Application
  • Middle East & Africa, by Source

South America Omega-3 Market

  • South America, by Country 
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • South America, by Type
  • South America, by Application
  • South America, by Source

Major Companies:  Epax (Norway), Croda International (UK), Golden Omega (Chile), GC Rieber (Norway), Cargill (US), DSM (Netherlands), BASF (Germany), Lonza (Switzerland), KD Pharma (Germany), and Pharma Marine.

Years Covered in the Study:

Historic Year: 2018-2019

Base Year: 2020

Estimated Year: 2021

Forecast Year: 2030

Objectives of this report:

  • To estimate market size for Omega-3 market on regional and global basis.
  • To identify major segments in Omega-3 market and evaluate their market shares and demand.
  • To provide a competitive scenario for the Omega-3 market with major developments observed by key companies in the historic years.
  • To evaluate key factors governing the dynamics of Omega-3 market with their potential gravity during the forecast period.

Reasons to Buy This Report:

  • Provides niche insights for decision about every possible segment helping in strategic decision making process.
  • Market size estimation of the Omega-3 market on a regional and global basis.
  • A unique research design for market size estimation and forecast.
  • Identification of major companies operating in the market with related developments
  • Exhaustive scope to cover all the possible segments helping every stakeholder in the Omega-3.

Customization:

This study is customized to meet your specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country
  • Product Specific Competitive Analysis

For more information, contact: [email protected]