Omega-3 Products Market Size (2024 - 2029)

Omega-3 Products Market Analysis

The Omega-3 Products Market size is estimated at USD 47.77 billion in 2024, and is expected to reach USD 68.86 billion by 2029, growing at a CAGR of 7.59% during the forecast period (2024-2029).

Omega-3 is known to have many health benefits. Consequently, the COVID-19 pandemic created opportunities for manufacturers of health-oriented products, especially dietary supplements containing omega-3. Due to this, consumers are recently more inclined towards consuming nutritional supplements daily to prevent themselves from severe respiratory syndrome like coronavirus. It is leading to a massive increase in the demand for omega 3 supplements, boosting the omega 3 product market.

Recently, deaths from cardiovascular disease witnessed to increase around the globe, which tends to boost the omega-3 product market. Western Sub-Saharan Africa and South Asia saw a rise in cardiovascular disease. Omega-3 fatty acids found in supplements and naturally in foods such as certain fish, nuts, and seeds, have long been touted for health benefits, especially heart health. However, increasing chronic diseases like heart disease, arthritis, strokes, and cancer are predicted to accelerate the demand for omega-3 products over the globe. As per the World Health Organization (WHO), more than 14 million people aged 30 and 70 die yearly from eminent chronic diseases.

Further, the rising application of omega-3 fatty acids in pet food and pharmaceuticals is highly boosting the market owing to the increasing public initiatives syndicated with health and fitness, which further aid the market. The growing awareness among consumers about omega-3 health benefits is driving the demand for innovation among the market players to sustain. However, the technology delivers odorous oils in a micro-emulsified formulation designed to increase surface absorption. The OmegaZero® Technology helps the odoriferous oil get emulsified in the gut instead of forming a layer on the gastric juice, thus, significantly reducing the oil contact surface with air.

Omega-3 Products Industry Segmentation

Omega-3s (short for omega-3 fatty acids) are a nutrient found in foods and the human body, such as fish and flaxseed. The global omega-3 products market offers a range of products, including functional food, dietary supplements, infant nutrition, pet food and feed, and others. The market mainly relies on supermarkets/hypermarkets, pharmacies and drug stores, online retailers, and other sales points for distributing products. The study also covers the market scenario at the global level, covering regions - North America, Europe, Asia-Pacific, South America, Middle-East, and Africa. For each segment, the market sizing and forecasts have been done based on value (in USD million).