Omega 3 Supplements Market By Source (Fish Oil, Krill Oil, and Others (Flaxseeds and Mung Beans)), By Application (Infant Formula, Food and Beverage, Nutritional Supplements, Pharmaceuticals, Pet and Animal Feed, and Clinical Nutrition), and By Region- Trends, Analysis and Forecast till 2034

Omega 3 Supplements Market was valued at US$ 7.8 Billion in 2024 and is projected to grow at a CAGR of 9.10% to reach US$ 18.6 Billion by 2034.

Omega 3 supplements contain omega 3 fatty acids. Omega 3 reduces the levels of triglyceride levels and helps to relieve symptoms of rheumatoid arthritis by curbing stiffness and joint pain. Demand for omega-3 supplements is on the rise attributing to its health benefits.

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Growing awareness regarding healthy lifestyle, weight loss, and balanced diet are the key factors driving the target market. In addition, surging demand for dietary supplements is also a factor fuelling the target market. Moreover, rising consciousness regarding importance of omega 3 supplements owing to high prevalence of heart diseases and obesity expected to drive demand for omega 3 supplements in near future. However, rising competition between the manufacturers is a factor restraining the growth of the global market. 

omega 3 supplements market has been segmented into source, application, and region.

On the basis of source, the omega 3 supplements market has been bifurcated into fish oil, krill oil, and others (flaxseeds, mung beans). The fish oil segment is further classified into anchovy, sardine, tuna, salmon, and cod liver. Krill oil is projected to emerge as a significant source of omega-3 over the forecast period. Based on application, the target market is segmented into infant formula, food and beverage, nutritional supplements, pharmaceuticals, pet and animal feed, and clinical nutrition.

Regional Insights:

Based on region, the omega-3 supplements market is segmented into North America, Latin America, Europe, the Middle East, Asia-Pacific, and Africa. Asia Pacific is anticipated to emerge as the fastest-growing market for omega-3 supplements over the forecast period. Japan being one of the largest sardine fishing countries, is expected to propel the target market growth in the near future. 

Key players operating in the omega 3 supplements market include Nordic Naturals Inc., Now Foods, Nutrigold Inc., Reckitt Benckiser Group PLC, Pharma Nord B.V., I Health Inc., Green Pasture Products, Inc., Aker BioMarine AS, Luhua Biomarine, and Pharmavite LLC.