Omega-3 Concentrates Market Forecasts to 2028 – Global Analysis By Form (Oil, Powder), Type (Triglyceride (TG), Ethyl Ester (EE), Phospholipids (PL)), Source, Concentration, End User and By Geography
According to Stratistics MRC, the Global Omega-3 Concentrates Market is accounted for $1,771.13 million in 2020 and is expected to reach $3,351.79 million by 2028 growing at a CAGR of 8.3% during the forecast period. Rising awareness regarding the health benefits of omega-3 concentrates, growing health consciousness among consumers are the major factors propelling the market growth. However, depleting marine sources is hampering the market growth.
Omega-3 concentrates refer to highly concentrated oils comprising the EPA and DHA in sufficient amounts. These concentrates are obtained from omega-3 rich fats processed to have EPA or DHA in higher concentrations. Omega-3 is a vital building block for the development and maturation of an infant's brain and retina. The omega-3 concentrates are mainly derived from oils such as algal oil, calamari oil, and fish oil. These concentrates are also available in powdered forms and find their application in dietary supplement manufacturing and are also used as a pharmaceutical-grade component.
Based on end user, the dietary supplements segment is estimated to have a lucrative growth due to the significant increase in consumer spending on dietary supplement products that contain fish oils, vitamins, minerals, and other ingredients. Omega-3 dietary supplements, when consumed with regular exercise, help in enhancing cardiovascular and metabolic health. The deficiency of omega-3 is resulting in cardiovascular diseases in humans. Hence, consumers are taking dietary supplements to overcome the deficiency, and due to omega-3 concentrates, consumers can take a fewer amount of supplements and get adequate nutrition.
By geography, North America is going to have a lucrative growth during the forecast period due to the increase in awareness amongst the consumers for reducing the risk of illness along with maintaining their health. Consumers in the US and Canada are moving toward a healthy lifestyle and prefer products that provide health benefits. The gradual shift of consumers towards functional and dietary food due to the high protein and nutrient content of eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) in omega 3 concentrates propels the demand for the same in North America.
Some of the key players profiled in the Omega-3 Concentrates Market include BASF SE, AlaskOmega, Australian Omega Oils, Croda, DSM Nutritional Products AG, Epax Norway, GC Rieber VivoMega AS, Golden Omega S.A, K Pharmtech Co., Ltd, Nordic Naturals, Inc, Norwegian Fish Oil, Orkla Health, Polaris, Sinomega, and Stepan Specialty Products.
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Report Coverage |
Details |
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Published Year: |
2021 |
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Estimated Market Size in 2020: |
USD 1,771.13 million |
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Estimated Period: |
2020 |
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Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
8.3% |
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Predicted 2028 Value: |
USD 3,351.79 million |
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Forecast Years: |
2021-2028 |
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Tables, Graphs & Figures |
138 |
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Chapters Covered: |
Form, Type, Source, Concentration, End User and Region |
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Core Drivers and Opportunities: |
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Restraining Factors & Market Threats: |
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Forms Covered:
• Oil
• Powder
Types Covered:
• Triglyceride (TG)
• Ethyl Ester (EE)
• Phospholipids (PL)
Sources Covered:
• Fish
• Algae
• Calamari
• Krill
Concentrations Covered:
• High Docosahexaenoic Acid (DHA)
• High Eicosapentaenoic Acid (EPA)
• Balanced EPA-DHA
End Users Covered:
• Dietary Supplements
• Food and Beverages
• Infant Formula
• Personalcare and Cosmetics
• Pharmaceuticals
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Omega-3 Concentrates Market is majorly driven by rising awareness regarding the health benefits of omega-3 concentrates, growing health consciousness among consumers.
The dietary supplements segment is growing at a highest CAGR owing to significant increase in consumer spending on dietary supplement products that contain fish oils, vitamins, minerals, and other ingredients.
North America dominated with a significant market share due to the factors such as increase in awareness amongst the consumers for reducing the risk of illness along with maintaining their health.
Asia Pacific market is growing at a highest CAGR owing to the shift in consumer inclination toward a healthy diet containing omega-3 ingredients and the use of fish oil in Southeast Asia.
Key players in Omega-3 Concentrates Market include BASF SE, AlaskOmega, Australian Omega Oils, Croda, DSM Nutritional Products AG, Epax Norway, GC Rieber VivoMega AS, Golden Omega S.A, K Pharmtech Co., Ltd, Nordic Naturals, Inc, Norwegian Fish Oil, Orkla Health, Polaris, Sinomega, and Stepan Specialty Products.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Omega-3 Concentrates Market, By Form
5.1 Introduction
5.2 Oil
5.3 Powder
6 Global Omega-3 Concentrates Market, By Type
6.1 Introduction
6.2 Triglyceride (TG)
6.3 Ethyl Ester (EE)
6.4 Phospholipids (PL)
7 Global Omega-3 Concentrates Market, By Source
7.1 Introduction
7.2 Fish
7.3 Algae
7.4 Calamari
7.5 Krill
8 Global Omega-3 Concentrates Market, By Concentration
8.1 Introduction
8.2 High Docosahexaenoic Acid (DHA)
8.3 High Eicosapentaenoic Acid (EPA)
8.4 Balanced EPA-DHA
9 Global Omega-3 Concentrates Market, By End User
9.1 Introduction
9.2 Dietary Supplements
9.3 Food and Beverages
9.4 Infant Formula
9.5 Personalcare and Cosmetics
9.6 Pharmaceuticals
10 Global Omega-3 Concentrates Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 BASF SE
12.2 AlaskOmega
12.3 Australian Omega Oils
12.4 Croda
12.5 DSM Nutritional Products AG
12.6 Epax Norway
12.7 GC Rieber VivoMega AS
12.8 Golden Omega S.A
12.9 K Pharmtech Co., Ltd
12.10 Nordic Naturals, Inc
12.11 Norwegian Fish Oil
12.12 Orkla Health
12.13 Polaris
12.14 Sinomega
12.15 Stepan Specialty Products
List of Tables
1 Global Omega-3 Concentrates Market Outlook, By Region (2019-2028) ($MN)
2 Global Omega-3 Concentrates Market Outlook, By Form (2019-2028) ($MN)
3 Global Omega-3 Concentrates Market Outlook, By Oil (2019-2028) ($MN)
4 Global Omega-3 Concentrates Market Outlook, By Powder (2019-2028) ($MN)
5 Global Omega-3 Concentrates Market Outlook, By Type (2019-2028) ($MN)
6 Global Omega-3 Concentrates Market Outlook, By Triglyceride (TG) (2019-2028) ($MN)
7 Global Omega-3 Concentrates Market Outlook, By Ethyl Ester (EE) (2019-2028) ($MN)
8 Global Omega-3 Concentrates Market Outlook, By Phospholipids (PL) (2019-2028) ($MN)
9 Global Omega-3 Concentrates Market Outlook, By Source (2019-2028) ($MN)
10 Global Omega-3 Concentrates Market Outlook, By Fish (2019-2028) ($MN)
11 Global Omega-3 Concentrates Market Outlook, By Algae (2019-2028) ($MN)
12 Global Omega-3 Concentrates Market Outlook, By Calamari (2019-2028) ($MN)
13 Global Omega-3 Concentrates Market Outlook, By Krill (2019-2028) ($MN)
14 Global Omega-3 Concentrates Market Outlook, By Concentration (2019-2028) ($MN)
15 Global Omega-3 Concentrates Market Outlook, By High Docosahexaenoic Acid (DHA) (2019-2028) ($MN)
16 Global Omega-3 Concentrates Market Outlook, By High Eicosapentaenoic Acid (EPA) (2019-2028) ($MN)
17 Global Omega-3 Concentrates Market Outlook, By Balanced EPA-DHA (2019-2028) ($MN)
18 Global Omega-3 Concentrates Market Outlook, By End User (2019-2028) ($MN)
19 Global Omega-3 Concentrates Market Outlook, By Dietary Supplements (2019-2028) ($MN)
20 Global Omega-3 Concentrates Market Outlook, By Food and Beverages (2019-2028) ($MN)
21 Global Omega-3 Concentrates Market Outlook, By Infant Formula (2019-2028) ($MN)
22 Global Omega-3 Concentrates Market Outlook, By Personalcare and Cosmetics (2019-2028) ($MN)
23 Global Omega-3 Concentrates Market Outlook, By Pharmaceuticals (2019-2028) ($MN)
24 North America Omega-3 Concentrates Market Outlook, By Country (2019-2028) ($MN)
25 North America Omega-3 Concentrates Market Outlook, By Form (2019-2028) ($MN)
26 North America Omega-3 Concentrates Market Outlook, By Oil (2019-2028) ($MN)
27 North America Omega-3 Concentrates Market Outlook, By Powder (2019-2028) ($MN)
28 North America Omega-3 Concentrates Market Outlook, By Type (2019-2028) ($MN)
29 North America Omega-3 Concentrates Market Outlook, By Triglyceride (TG) (2019-2028) ($MN)
30 North America Omega-3 Concentrates Market Outlook, By Ethyl Ester (EE) (2019-2028) ($MN)
31 North America Omega-3 Concentrates Market Outlook, By Phospholipids (PL) (2019-2028) ($MN)
32 North America Omega-3 Concentrates Market Outlook, By Source (2019-2028) ($MN)
33 North America Omega-3 Concentrates Market Outlook, By Fish (2019-2028) ($MN)
34 North America Omega-3 Concentrates Market Outlook, By Algae (2019-2028) ($MN)
35 North America Omega-3 Concentrates Market Outlook, By Calamari (2019-2028) ($MN)
36 North America Omega-3 Concentrates Market Outlook, By Krill (2019-2028) ($MN)
37 North America Omega-3 Concentrates Market Outlook, By Concentration (2019-2028) ($MN)
38 North America Omega-3 Concentrates Market Outlook, By High Docosahexaenoic Acid (DHA) (2019-2028) ($MN)
39 North America Omega-3 Concentrates Market Outlook, By High Eicosapentaenoic Acid (EPA) (2019-2028) ($MN)
40 North America Omega-3 Concentrates Market Outlook, By Balanced EPA-DHA (2019-2028) ($MN)
41 North America Omega-3 Concentrates Market Outlook, By End User (2019-2028) ($MN)
42 North America Omega-3 Concentrates Market Outlook, By Dietary Supplements (2019-2028) ($MN)
43 North America Omega-3 Concentrates Market Outlook, By Food and Beverages (2019-2028) ($MN)
44 North America Omega-3 Concentrates Market Outlook, By Infant Formula (2019-2028) ($MN)
45 North America Omega-3 Concentrates Market Outlook, By Personalcare and Cosmetics (2019-2028) ($MN)
46 North America Omega-3 Concentrates Market Outlook, By Pharmaceuticals (2019-2028) ($MN)
47 Europe Omega-3 Concentrates Market Outlook, By Country (2019-2028) ($MN)
48 Europe Omega-3 Concentrates Market Outlook, By Form (2019-2028) ($MN)
49 Europe Omega-3 Concentrates Market Outlook, By Oil (2019-2028) ($MN)
50 Europe Omega-3 Concentrates Market Outlook, By Powder (2019-2028) ($MN)
51 Europe Omega-3 Concentrates Market Outlook, By Type (2019-2028) ($MN)
52 Europe Omega-3 Concentrates Market Outlook, By Triglyceride (TG) (2019-2028) ($MN)
53 Europe Omega-3 Concentrates Market Outlook, By Ethyl Ester (EE) (2019-2028) ($MN)
54 Europe Omega-3 Concentrates Market Outlook, By Phospholipids (PL) (2019-2028) ($MN)
55 Europe Omega-3 Concentrates Market Outlook, By Source (2019-2028) ($MN)
56 Europe Omega-3 Concentrates Market Outlook, By Fish (2019-2028) ($MN)
57 Europe Omega-3 Concentrates Market Outlook, By Algae (2019-2028) ($MN)
58 Europe Omega-3 Concentrates Market Outlook, By Calamari (2019-2028) ($MN)
59 Europe Omega-3 Concentrates Market Outlook, By Krill (2019-2028) ($MN)
60 Europe Omega-3 Concentrates Market Outlook, By Concentration (2019-2028) ($MN)
61 Europe Omega-3 Concentrates Market Outlook, By High Docosahexaenoic Acid (DHA) (2019-2028) ($MN)
62 Europe Omega-3 Concentrates Market Outlook, By High Eicosapentaenoic Acid (EPA) (2019-2028) ($MN)
63 Europe Omega-3 Concentrates Market Outlook, By Balanced EPA-DHA (2019-2028) ($MN)
64 Europe Omega-3 Concentrates Market Outlook, By End User (2019-2028) ($MN)
65 Europe Omega-3 Concentrates Market Outlook, By Dietary Supplements (2019-2028) ($MN)
66 Europe Omega-3 Concentrates Market Outlook, By Food and Beverages (2019-2028) ($MN)
67 Europe Omega-3 Concentrates Market Outlook, By Infant Formula (2019-2028) ($MN)
68 Europe Omega-3 Concentrates Market Outlook, By Personalcare and Cosmetics (2019-2028) ($MN)
69 Europe Omega-3 Concentrates Market Outlook, By Pharmaceuticals (2019-2028) ($MN)
70 Asia Pacific Omega-3 Concentrates Market Outlook, By Country (2019-2028) ($MN)
71 Asia Pacific Omega-3 Concentrates Market Outlook, By Form (2019-2028) ($MN)
72 Asia Pacific Omega-3 Concentrates Market Outlook, By Oil (2019-2028) ($MN)
73 Asia Pacific Omega-3 Concentrates Market Outlook, By Powder (2019-2028) ($MN)
74 Asia Pacific Omega-3 Concentrates Market Outlook, By Type (2019-2028) ($MN)
75 Asia Pacific Omega-3 Concentrates Market Outlook, By Triglyceride (TG) (2019-2028) ($MN)
76 Asia Pacific Omega-3 Concentrates Market Outlook, By Ethyl Ester (EE) (2019-2028) ($MN)
77 Asia Pacific Omega-3 Concentrates Market Outlook, By Phospholipids (PL) (2019-2028) ($MN)
78 Asia Pacific Omega-3 Concentrates Market Outlook, By Source (2019-2028) ($MN)
79 Asia Pacific Omega-3 Concentrates Market Outlook, By Fish (2019-2028) ($MN)
80 Asia Pacific Omega-3 Concentrates Market Outlook, By Algae (2019-2028) ($MN)
81 Asia Pacific Omega-3 Concentrates Market Outlook, By Calamari (2019-2028) ($MN)
82 Asia Pacific Omega-3 Concentrates Market Outlook, By Krill (2019-2028) ($MN)
83 Asia Pacific Omega-3 Concentrates Market Outlook, By Concentration (2019-2028) ($MN)
84 Asia Pacific Omega-3 Concentrates Market Outlook, By High Docosahexaenoic Acid (DHA) (2019-2028) ($MN)
85 Asia Pacific Omega-3 Concentrates Market Outlook, By High Eicosapentaenoic Acid (EPA) (2019-2028) ($MN)
86 Asia Pacific Omega-3 Concentrates Market Outlook, By Balanced EPA-DHA (2019-2028) ($MN)
87 Asia Pacific Omega-3 Concentrates Market Outlook, By End User (2019-2028) ($MN)
88 Asia Pacific Omega-3 Concentrates Market Outlook, By Dietary Supplements (2019-2028) ($MN)
89 Asia Pacific Omega-3 Concentrates Market Outlook, By Food and Beverages (2019-2028) ($MN)
90 Asia Pacific Omega-3 Concentrates Market Outlook, By Infant Formula (2019-2028) ($MN)
91 Asia Pacific Omega-3 Concentrates Market Outlook, By Personalcare and Cosmetics (2019-2028) ($MN)
92 Asia Pacific Omega-3 Concentrates Market Outlook, By Pharmaceuticals (2019-2028) ($MN)
93 South America Omega-3 Concentrates Market Outlook, By Country (2019-2028) ($MN)
94 South America Omega-3 Concentrates Market Outlook, By Form (2019-2028) ($MN)
95 South America Omega-3 Concentrates Market Outlook, By Oil (2019-2028) ($MN)
96 South America Omega-3 Concentrates Market Outlook, By Powder (2019-2028) ($MN)
97 South America Omega-3 Concentrates Market Outlook, By Type (2019-2028) ($MN)
98 South America Omega-3 Concentrates Market Outlook, By Triglyceride (TG) (2019-2028) ($MN)
99 South America Omega-3 Concentrates Market Outlook, By Ethyl Ester (EE) (2019-2028) ($MN)
100 South America Omega-3 Concentrates Market Outlook, By Phospholipids (PL) (2019-2028) ($MN)
101 South America Omega-3 Concentrates Market Outlook, By Source (2019-2028) ($MN)
102 South America Omega-3 Concentrates Market Outlook, By Fish (2019-2028) ($MN)
103 South America Omega-3 Concentrates Market Outlook, By Algae (2019-2028) ($MN)
104 South America Omega-3 Concentrates Market Outlook, By Calamari (2019-2028) ($MN)
105 South America Omega-3 Concentrates Market Outlook, By Krill (2019-2028) ($MN)
106 South America Omega-3 Concentrates Market Outlook, By Concentration (2019-2028) ($MN)
107 South America Omega-3 Concentrates Market Outlook, By High Docosahexaenoic Acid (DHA) (2019-2028) ($MN)
108 South America Omega-3 Concentrates Market Outlook, By High Eicosapentaenoic Acid (EPA) (2019-2028) ($MN)
109 South America Omega-3 Concentrates Market Outlook, By Balanced EPA-DHA (2019-2028) ($MN)
110 South America Omega-3 Concentrates Market Outlook, By End User (2019-2028) ($MN)
111 South America Omega-3 Concentrates Market Outlook, By Dietary Supplements (2019-2028) ($MN)
112 South America Omega-3 Concentrates Market Outlook, By Food and Beverages (2019-2028) ($MN)
113 South America Omega-3 Concentrates Market Outlook, By Infant Formula (2019-2028) ($MN)
114 South America Omega-3 Concentrates Market Outlook, By Personalcare and Cosmetics (2019-2028) ($MN)
115 South America Omega-3 Concentrates Market Outlook, By Pharmaceuticals (2019-2028) ($MN)
116 Middle East & Africa Omega-3 Concentrates Market Outlook, By Country (2019-2028) ($MN)
117 Middle East & Africa Omega-3 Concentrates Market Outlook, By Form (2019-2028) ($MN)
118 Middle East & Africa Omega-3 Concentrates Market Outlook, By Oil (2019-2028) ($MN)
119 Middle East & Africa Omega-3 Concentrates Market Outlook, By Powder (2019-2028) ($MN)
120 Middle East & Africa Omega-3 Concentrates Market Outlook, By Type (2019-2028) ($MN)
121 Middle East & Africa Omega-3 Concentrates Market Outlook, By Triglyceride (TG) (2019-2028) ($MN)
122 Middle East & Africa Omega-3 Concentrates Market Outlook, By Ethyl Ester (EE) (2019-2028) ($MN)
123 Middle East & Africa Omega-3 Concentrates Market Outlook, By Phospholipids (PL) (2019-2028) ($MN)
124 Middle East & Africa Omega-3 Concentrates Market Outlook, By Source (2019-2028) ($MN)
125 Middle East & Africa Omega-3 Concentrates Market Outlook, By Fish (2019-2028) ($MN)
126 Middle East & Africa Omega-3 Concentrates Market Outlook, By Algae (2019-2028) ($MN)
127 Middle East & Africa Omega-3 Concentrates Market Outlook, By Calamari (2019-2028) ($MN)
128 Middle East & Africa Omega-3 Concentrates Market Outlook, By Krill (2019-2028) ($MN)
129 Middle East & Africa Omega-3 Concentrates Market Outlook, By Concentration (2019-2028) ($MN)
130 Middle East & Africa Omega-3 Concentrates Market Outlook, By High Docosahexaenoic Acid (DHA) (2019-2028) ($MN)
131 Middle East & Africa Omega-3 Concentrates Market Outlook, By High Eicosapentaenoic Acid (EPA) (2019-2028) ($MN)
132 Middle East & Africa Omega-3 Concentrates Market Outlook, By Balanced EPA-DHA (2019-2028) ($MN)
133 Middle East & Africa Omega-3 Concentrates Market Outlook, By End User (2019-2028) ($MN)
134 Middle East & Africa Omega-3 Concentrates Market Outlook, By Dietary Supplements (2019-2028) ($MN)
135 Middle East & Africa Omega-3 Concentrates Market Outlook, By Food and Beverages (2019-2028) ($MN)
136 Middle East & Africa Omega-3 Concentrates Market Outlook, By Infant Formula (2019-2028) ($MN)
137 Middle East & Africa Omega-3 Concentrates Market Outlook, By Personalcare and Cosmetics (2019-2028) ($MN)
138 Middle East & Africa Omega-3 Concentrates Market Outlook, By Pharmaceuticals (2019-2028) ($MN)
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