Fish Oil Omega-3 Market By Species (Anchovy, Cod Liver, Menhaden, Tuna, Sardine, Salmon, and Other Species), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI403520 | Publish Date: March 2024 | No. of Pages: 180

Global Fish Oil Omega Market Overview

Fish Oil Omega Market size was valued at USD 13.7 Billion in 2024 and is estimated to reach USD 24.64 Billion by 2034 with a CAGR of 6.7%

Fish oils contain omega-3 fatty acids and vitamins A and D. Omega-3 fatty acids are fats commonly found in plants and marine life. This Fish Oil Omega-3 is important to develop and function optimally in every stage of life. This help reduces inflammation and your risk of chronic diseases, such as heart disease. Also supports brain function and eye health.

Fish Oil Omega-3 Market Report

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Global Fish Oil Omega Market Drivers & Restraints

Continuous demand due to the increasing popularity of omega-3 as nutritional supplement products which drive the target market growth. The various health benefits provided by Fish Oil Omega-3 product such as reduce inflammation and risk of chronic diseases, such as heart disease are the major factor drives target market growth. Therefore the rising prevalence of chlorine diseases fuels the market growth. For instance according to fightchronicdisease.org chronic diseases are accountable for seven out of every 10 deaths in the U.S., killing around 1.7 million Americans every year. Additionally, 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.

Global Fish Oil Omega Market Segmentations & Regional Insights

The Fish Oil Omega-3 market is segmented based on By Species, and region.

 By Species the Fish Oil Omega-3 market is classified into Anchovy, Cod Liver, Menhaden, Tuna, Sardine, Salmon, and Other Species. Anchovy is accounted for major market share, owing to anchovies are a good source of omega-3 fatty acids, protein, and important vitamins and minerals in each portion. Also, anchovies have one of the lowermost mercury concentrations among all fish types, making them a safe and nutritious option, when consumed in moderation.

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. Additionally, the high presence of the key player in the market such as Cargill, Nordic Naturals, and Algysis Are the major factor driving the growth for the target market in the region

Fish Oil Omega-3 Market, By Species:

  • Anchovy
  • Cod Liver
  • Menhaden
  • Tuna
  • Sardine
  • Salmon
  • Other Species

Fish Oil Omega-3 Market, By Region:

  • North America
    • Middle East & Africa
      • Middle East & Africa Fish Oil Omega-3  Market, By Species
      • Middle East & Africa Fish Oil Omega-3  Market, By Country
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
      • Latin America Fish Oil Omega-3  Market, By Species
      • Latin America Fish Oil Omega-3  Market, By Country
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
      • Asia Pacific Fish Oil Omega-3  Market, By Species
      • Asia Pacific Fish Oil Omega-3  Market, By Country
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
      • Europe Fish Oil Omega-3  Market, By Species
      • Europe Fish Oil Omega-3  Market, By Country
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • North America Fish Oil Omega-3  Market, By Species
    • North America Fish Oil Omega-3  Market, By Country
      • U.S.
      • Canada

Global Fish Oil Omega Market Competitive Landscape & Key Players

The key players operating the Fish Oil Omega-3 market include 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. For example on Jul. 2019 DSM, (a global science-based company in Nutrition, Health and Sustainable Living), and Evonik announced the opening of their Veramaris 50-50 joint venture's commercial-scale. This new site has arisen for the commercial production of omega-3 fatty acids rich in Fish Oil Omega-3 from natural marine algae for sustainable salmon farming.

Global Fish Oil Omega Market Recent News

  • What is the total revenue potential of the Fish Oil Omega-3 market? How that market is expected to grow during the study period?
  • What are some of the major growth opportunities in the Fish Oil Omega-3 market?
  • Which companies are the major players in the Fish Oil Omega-3 market?

Global Fish Oil Omega Market Company Profile

  • Koninklijke DSM N.V
  • Croda International Plc
  • Omega Protein Corporation
  • BASF SE
  • GC Rieber
  • TripleNine Group
  • Pelagia AS
  • Olvea Group

FAQs

The Fish Oil Omega-3 market is segmented into By Species, and region.

Factors driving market growth include increasing awareness of the health benefits of omega-3 fatty acids, the rising demand for dietary supplements, and advancements in fish oil extraction technologies.

Global restraints may include concerns about overfishing, sustainability issues in the fishing industry, and the potential presence of contaminants in fish oil.

The report covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific region is estimated to dominate the Fish Oil Omega-3 Market, exhibiting a significantly high revenue share over the forecast period.

The key players operating the global Fish Oil Omega-3 market include Koninklijke DSM N.V., Croda International Plc, Omega Protein Corporation, BASF SE, GC Rieber, TripleNine Group, Pelagia AS, and Olvea Group.