Omega 3 Supplements Global Market to Reach $10.98 Billion by 2027 at a CAGR of 8.5%

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Research and Markets

Oct 12, 2022, 11:15 ET

DUBLIN, Oct. 12, 2022 /PRNewswire/ -- The "Omega 3 Supplements Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to  ResearchAndMarkets.com's offering.

The global omega 3 supplements market size reached US$ 6.73 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 10.98 Billion by 2027, exhibiting a CAGR of 8.5% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Omega-3 fatty acids are essential fats found naturally in foods like fish, vegetable oils, nuts, flax seeds, flaxseed oil, and leafy vegetables. They play a pivotal role in the cell membranes of the body for affecting the functions of cell receptors. Their deficiency can lead to dry and irritated skin, inflammation, dry eyes, depression, and arthritis. As a result, there is a rise in the need for over the counter (OTC) omega-3 supplements to help boost the omega-3 levels in the body. These supplements generally contain different forms of omega-3s, including natural triglycerides, free fatty acids, ethyl esters, re-esterified triglycerides, and phospholipids.

Omega 3 Supplements Market Trends:

A significant rise in the number of individuals suffering from omega-3 deficiency represents one of the key factors bolstering the market growth. Moreover, omega-3 fatty acids play an essential role in improving cardiovascular health and enhancing communication between brain cells.

Therefore, the increasing prevalence of heart diseases and the growing consumer inclination towards cognitive health are contributing to the market growth. Apart from this, the rising awareness about the benefits of including omega-3 fatty acids in the diet for reducing the risk of blood clots, keeping the lining of the arteries smooth and free from damage, and lowering triglyceride levels is also driving the market.

Furthermore, some of these supplements made from fish oil are considered nonvitamin and nonmineral natural products, which makes them a popular choice among children and adults. Besides this, manufacturers are offering sustainably sourced plant-based variants to cater to the dietary requirements of omega-3 among the vegan population. This, along with the emerging trend of veganism, is anticipated to propel market growth.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global omega 3 supplements market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on source, form, functionality, distribution channel and end user.

Breakup by Source:

  • Fish Oil
  • Krill Oil
  • Algae Oil
  • Others

Breakup by Form:

  • Tablets
  • Capsules
  • Soft Gels
  • Others

Breakup by Functionality:

  • Cardiovascular Health
  • Brain, Nervous System and Mental Health
  • Eye Diseases
  • Diabetes
  • Others

Breakup by Distribution Channel:

  • OTC
  • Prescribed

Breakup by End User:

  • Adults
  • Geriatric
  • Pregnant Women
  • Children
  • Infants

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Omega 3 Supplements Market

6 Market Breakup by Source

7 Market Breakup by Form

8 Market Breakup by Functionality

9 Market Breakup by Distribution Channel

10 Market Breakup by End User

11 Market Breakup by Region

12 SWOT Analysis

13 Value Chain Analysis

14 Porters Five Forces Analysis

15 Price Analysis

16 Competitive Landscape

Companies Mentioned

  • 1-800-Flowers.com Inc.
  • Aker BioMarine ASA
  • Carlson Labs
  • Green Pasture Products LLC
  • KD Pharma Group
  • Natrol LLC
  • Nordic Naturals Inc.
  • Now Foods
  • NutriGold Inc.
  • OmegaBrite
  • Optimum Nutrition Inc. (Glanbia Performance Nutrition Inc.)
  • Pharma Nord
  • The Bountiful Company.

For more information about this report visit https://www.researchandmarkets.com/r/fjll77

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Research and Markets
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SOURCE Research and Markets