Fish Oil Omega-3 Market worth US$ XX Billion 2029 with a CAGR of 9.20%

Published Date: March 2024

Fish Oil Omega-3 market is projected to grow from US $ 1.9 billion in 2019 to US$ XX billion by 2029. The growing standard of living, with rising health consciousness and rise in disposal income such factor, are demanding for nutritious food which led to lifting the growth for the target market. Furthermore, R&D and strong marketing of EPA/DHA products are boosting the market growth. However, some side effects of Fish Oil Omega-3 supplements are expected to hamper the market growth.

The report "Fish Oil Omega-3 Market, By Species (Anchovy, Cod Liver, Menhaden, Tuna, Sardine, Salmon, and Other Species), and Region - Global Forecast to 2029"

Key Highlights:

  • In Nov 2013 Royal DSM announces the launch of Omega 60, a high concentrate vegetarian alternative to fish oil. This is the first high-potency vegetarian DHA and EPA omega-3 oil developed from a sustainable algal source.
  • In June 2016 DSM launches new 3C Technology to give a boost to Omega-3 supplements category, this The unique 3C technology delivers highly-concentrated (up to 85%) and customizable combinations of EPA (eicosapentaenoic acid) and DHA (docosahexaenoic acid) for both pharmaceutical and dietary supplement applications,
  • Key Market Insights from the report:        

The global Fish Oil Omega-3 market accounted for US$ XX billion in 2019 and is projected to register a moderate CAGR of XX% over the forecast period. The market report has been segmented based on Hardware, By End-user Industry, and region.

  • By Species global Fish Oil Omega-3 market is classified into Anchovy, Cod Liver, Menhaden, Tuna, Sardine, Salmon, and Other Species
  • By region, North America is expected to dominate the target market share. Owing to the rising prevalence of chlorine diseases in the region. Additionally, they demand a Fish Oil Omega-3 product due to rising awareness about the benefits of Fish Oil Omega-3 supplement.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Fish Oil Omega-3 Market, by Species (Anchovy, Cod Liver, Menhaden, Tuna, Sardine, Salmon, and Other Species), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) - forecast till 2029

The key players operating the Fish Oil Omega-3 market involves Koninklijke DSM N.V., Croda International Plc, Omega Protein Corporation, BASF SE, GC Rieber, TripleNine Group, Pelagia AS, and Olvea Group. The key players are focusing on partnership and mutual understanding strategy.

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