The Omega-3 Market was Worth USD 1812 Million in 2021 and is Predicted to Reach USD 4215.7 Million by 2028, Rising at a CAGR of 12.82 Percent between 2021 and 2028.
Omega-3 is a type of fat that is beneficial to one's health and is classified into three types: alpha-linolenic acid, docosahexaenoic acid, and eicosapentaenoic acid. Because the human body is unable to produce alpha-linolenic acid (ALA), it must be ingested, and DHA and EPA are long-chain fats produced in the body from ALA. Omega-3 fatty acids are used to lessen the risk of heart disease and maintain healthy skin; they are taken in conjunction with diet and exercise to help lower the amount of certain blood fats and raise the level of good cholesterol. DHA and EPA are long-chain omega-3 fatty acids found in cold-water fish, algae oil, shellfish fatty layers, fortified meals, plants, and nuts oil.
For customers with coronary heart disease, the American Heart Association recommends 1000 mg of combined DHA and EPA compound each day, and 200 to 500 mg for healthy persons to preserve overall health. Advanced manufacturing technologies are being aggressively adopted by manufacturers. To ensure optimal delivery of the healthful properties of fish oil, manufacturers are focusing on effective removal of environmental pollutants from fish oil, limiting oxidation in the production process, and concentrating the omega 3 content in the final product. Smartfish, for example, has developed manufacturing procedures that prevent oil from oxidising and give high-temperature tolerance.
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Major Players in Omega 3 Market are:
- Gihon-LaboratoriosiosQuímicosSRL
- Nuseed
- Unilever
- Herbalife
- Amway Corp.
- Nestle SA
- GNC
Segmentation Based on Type:
- Functional Food
- Dietary Supplements
- Infant Nutrition
- Pet Food and Feed
- Pharmaceuticals
Segmentation Based on Applications:
- Grocery Retailers
- Pharmacies and Drug Stores
- Internet Retailing
- Other Distribution Channels
Segmentation based on Region:
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Key questions answered in this report
- What is the expected CAGR in terms of revenue for the global omega 3 market over the forecast period (2022-2030)?
- What was the global omega 3 market valued at in 2021?
- Which factors are expected to drive the adoption of omega 3?
- Which was the leading segment in the omega 3 market based on end-use in 2021?
- What are some restraints for global omega 3 market growth?
- Who are the top players or companies in the omega 3 market or industry?
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