Global Marine Omega-3 Market Growth 2023-2029

Global Marine Omega-3 Market Growth 2023-2029

Marine Omega-3, also called ω-3 fatty acids or n-3 fatty acids, are polyunsaturated fatty acids (PUFAs) with a double bond (C=C) at the third carbon atom from the end of the carbon chain. Three types of Marine Omega-3 involved in human physiology are α-linolenic acid (ALA) (found in plant oils), eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) (both commonly found in marine oils). They are considered essential fatty acids and necessary for human health but the body can’t make them. Also they play a role in brain health as well as normal growth and development.
LPI (LP Information)' newest research report, the “Marine Omega-3 Industry Forecast” looks at past sales and reviews total world Marine Omega-3 sales in 2022, providing a comprehensive analysis by region and market sector of projected Marine Omega-3 sales for 2023 through 2029. With Marine Omega-3 sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Marine Omega-3 industry.
This Insight Report provides a comprehensive analysis of the global Marine Omega-3 landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Marine Omega-3 portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Marine Omega-3 market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Marine Omega-3 and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Marine Omega-3.
The global Marine Omega-3 market size is projected to grow from US$ 2473 million in 2022 to US$ 3451 million in 2029; it is expected to grow at a CAGR of 3451 from 2023 to 2029.
Global Marine Omega-3 key players include DSM, BASF, GC Rieber Oils, KD Pharma Group, Pelagia (EPAX), etc. Global top five manufacturers hold a share about 55%. Europe is the largest market, with a share about 55%, followed by South America, with a share about 20 percent. In terms of product, Marine Animals Source Omega-3 is the largest segment, with a share about 90%. And in terms of application, the largest application is Dietary Supplements, followed by Pet Foods, Fortified Food and Beverage, Infant Formula, Pharmaceuticals, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Marine Omega-3 market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Marine Animals Source Omega-3
Marine Plant Source Omega-3
Segmentation by application
Dietary Supplements
Fortified Food and Beverage
Infant Formula
Pharmaceuticals
Pet Foods
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DSM
BASF
EPAX
Golden Omega
TASA
Omega Protein
Croda
KD Pharma (Marine Ingredients)
GC Rieber
Polaris
Auqi
Kinomega
Skuny
Xinzhou
Anti-Cancer
Sinomega
Orkla Health
LYSI
OLVEA Fish Oils
Hofseth BioCare
Nippon Suisan Kaisha
Bioprocess Algae
Shandong Yuwang Pharmaceutical
Maruha Nichiro Foods
Solutex
Key Questions Addressed in this Report
What is the 10-year outlook for the global Marine Omega-3 market?
What factors are driving Marine Omega-3 market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Marine Omega-3 market opportunities vary by end market size?
How does Marine Omega-3 break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.