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The global omega-3 fatty acids market size stood at USD 1.98 billion in 2024. The market is predicted to rise from USD 2.11 billion in 2025 to USD 3.56 billion by 2032 at a CAGR of 7.77% from 2025 to 2032. Fortune Business Insights™ presents this information in its report titled, “Omega-3 Fatty Acids Market Size, Share & Industry Analysis, By Source (Algae Oil, Fish Oil, Krill Oil, Concentrates, Plant & Seed Oil, and Others), Type (ALA, EPA, DHA, and EPA-DHA), Concentration (Standard, High Concentrate, and Ultra-high Grade) and Application (Dietary Supplements, Functional/Fortified Food, Infant Formulae, Pharmaceuticals, and Animal Feed & Pet Foods), and Regional Forecast, 2025 – 2032”
Omega-3 fatty acids can be understood as essential polyunsaturated fats essential for human health. However, some of the different types of fatty acids include DHA, EPA, and others. The growth of the market is a result of consumers being aware of health benefits associated with polyunsaturated fatty acids (PUFA). There is also a rising demand for the technological advancements of the products in order to improve bioavailability. Moreover, several manufacturers focus on exploring novel functional ingredients as well as developing innovative delivery methods for capitalizing on this trend.
Neptune Wellness Solutions Inc. introduced Omega 3-6-9 Gummies to fulfil Consumer’s Nutrient Requirement
In July 2021, a diversified and fully integrated wellness and health organization, Neptune Wellness Solutions Inc., introduced a new plant-based product under Forest Remedies in the market called Multi Omega 3-6-9 gummies. The key composition of these gummies is soft gels mixed with Ahiflower. The company usually focused on sustainable, plant-based, and purpose-driven lifestyle brands. The gummies introduced by the company are formulated in order to fulfil nutrient requirements for humans, further boosting consumer demand.
Rising Demand for Plant-based Raw Materials Drives Market Growth
The key factor supporting the omega-3 fatty acids market growth is the rising demand of plant-based raw materials. Such raw materials are further used in major ingredients such as infant formulas, vegan supplements, and fortified foods. In order to develop new products for the market, manufacturers develop improved purification technologies and odor-free formulations. Also, the manufacturers can also develop products that are specially designed for the infant nutrition market.
However, one of the major challenges faced by the omega-3 market is the high temperatures in the processing which affects the quality of the product.
Major Players use R&D Strategies to Strengthen Market Positions
The competitive landscape of the omega-3 fatty acids market is moderately consolidated as the major players are contributing to the growth by acquiring small players in the industry. Some of the key strategies that are incorporated by these players to strengthen their market positions are agreements, partnerships, and investment in the area of R&D. The growth of the market is fueled by the entry of small and niche players further boosting competition.
List of the Companies Profiled in the Report
To get a detailed report summary and research scope of this market, click here:
https://www.fortunebusinessinsights.com/industry-reports/omega-3-fatty-acids-market-100248
Notable Industry Development
Further Report Findings
Table of Segmentation
|
ATTRIBUTE |
DETAILS |
|
Study Period |
2019-2032 |
|
Base Year |
2024 |
|
Estimated Year |
2025 |
|
Forecast Period |
2025-2032 |
|
Historical Period |
2019-2023 |
|
Growth Rate |
CAGR of 7.77% from 2025-2032 |
|
Unit |
Value (USD Billion) |
|
Segmentation |
By Source, Type, Ingredients, Application, Concentration, and Region |
|
By Source |
· Algae Oil · Fish Oil · Krill Oil · Concentrates · Plant & Seed Oil · Others |
|
By Type |
· ALA · EPA · DHA · EPA-DHA |
|
By Concentration |
· Standard · High Concentrate · Ultra-high Grade |
|
By Application |
· Dietary Supplements · Functional/Fortified Food · Infant Formulae · Pharmaceuticals · Animal Feed & Pet Foods |
|
By Region |
North America (By Source, Type, Ingredients, Application, Concentration, and Country)
Europe (By Source, Type, Ingredients, Application, Concentration and Country)
Asia Pacific (By Source, Type, Ingredients, Application, Concentration and Country)
South America (By Source, Type, Ingredients, Application, Concentration and Country)
Middle East and Africa (By Source, Type, Ingredients, Application, Concentration and Country)
· Rest of the Middle East & Africa (By Application) |