It is anticipated that the India Omega-3 Market will experience a substantial compound annual growth rate (CAGR) of 7.23% during the review period. Three categories of essential fats are omega-3 fatty acids: EPA (eicosapentaenoic acid), DHA (docosahexaenoic acid), and ALA (alpha-linolenic acid). The majority of ALA is found in plants, while the majority of DHA and EPA are found in animal diets and algae. Consuming an adequate quantity of each type may facilitate the correct functioning of the brain, retinas, and other organs. Fish oil, hazelnuts, flaxseed oil, and fatty fish are high-quality natural sources of omega 3.
Omega-3 products are evolving at a rapid tempo, and the omega-3 market is characterized by the presence of numerous local players. In addition, the omega-3 market is experiencing growth due to the increasing prevalence of diabetes, the modernization of new products, and the increasing R&D activities taking place during the forecast period.
Market Segmentation
The India omega-3 market has been segmented into alpha-linolenic acid, eicosatetraenoic acid, and docosahexaenoic acid based on type. The Alpha-Linolenic Acid segment is the fastest-growing segment during the forecast period (2024-2032), while the Docosaphexaenoic Acid segment held the largest market share in 2023.
The India omega-3 Market has been segmented into fish, nuts and seeds, and plant oils, as determined by its source. The Plant Oils segment is the fastest growing segment during the forecast period (2024-2032), while the Fish segment held the largest market in 2023.
The market has been segmented into Males and Females based on gender. The Male segment is the fastest developing segment, while the Female segment held the largest market during the forecast period.
The market has been divided into five age groups: Paediatric, minors, Sub-adults, Adults, and Old.
The India omega-3 Market has been segmented into food & beverages, pharmaceuticals, cosmetics, pet food, and others based on application.
Powder, liquid, emulsion, and capsule comprise the market's form-based segmentation.
The India omega-3 Market has been divided into residential and commercial segments based on the end user.
The India omega-3 Market has been segmented into store-based and non-store-based categories based on distribution channels.
The India omega-3 market has been divided into four regions: the north, east, west, and south.
Major Players
Nestlé, Amway India Enterprises Pvt. Ltd., Croda International Plc, DSM, Reckitt Benckiser Group Plc, Cipla, BASF SE, Lupin Pharmceuticals, Inc., and DSM are the primary competitors in the market.
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