Omega 3 Market Top Manufacturers, Regional Outlook and Forecast Upto 2027

 Growing Demand for Nutraceuticals Propels Global Omega 3 Market to Reach $13 Billion by 2027

According to a recent report by Fairfield Market Research, the global omega 3 market is set to flourish, with a projected value of around US$13 billion by 2027. The market, which was valued at approximately US$4.4 billion in 2019, is expected to witness a robust compound annual growth rate (CAGR) of 14.6% during the period from 2021 to 2027.

Access full report: https://www.fairfieldmarketresearch.com/report/omega-3-market

The upward trajectory of the global omega 3 market can be attributed to various factors, including the increasing need for food fortification, expanded application profiling, and innovative product developments. Omega 3 fatty acids, known for their numerous health benefits, are witnessing heightened consumption due to the growing trend of mother and newborn nutrition products. Additionally, the market is experiencing significant expansion as consumers become more health-conscious and seek omega 3-based dietary supplements to support their overall well-being.

However, the lack of clarity regarding the ideal daily intake of omega 3 poses a longstanding challenge to the market. While the routine consumption of omega 3 through supplements, fortified foods, and beverages is widely practiced worldwide, a significant portion of the population remains unaware of the recommended daily amount. Despite extensive scientific research, precise recommendations for daily omega 3 intake have not been established by government and non-government organizations. This lack of knowledge among consumers regarding the appropriate dosage poses a considerable hurdle for the omega 3 market, especially in developing countries such as India, China, Brazil, and Argentina, where awareness levels are lower, and primary healthcare infrastructure may be limited.

Moreover, the global omega 3 market is witnessing increased emphasis on research and development to identify alternative sources of omega 3. Consumers, particularly the aging population, are increasingly interested in high omega 3 fatty acid content due to the rising prevalence of cardiovascular diseases and a growing focus on health foods. The market for omega 3 dietary supplements holds significant appeal, driven by the conscious consumption of such products. Additionally, the therapeutic potential of omega 3 in improving immune function and preventing degenerative ailments has led to its resurgence in the pet nutrition industry. Omega 3 is being incorporated into animal feed to enhance the quality of meat, eggs, and milk, while manufacturers are investing in the development of pet treats and supplements.

In terms of regional dominance, North America is expected to lead the global omega 3 market by 2027. Continuous product launches and the increasing demand for nutraceuticals are key factors driving growth in this region. The United States, in particular, is witnessing a proliferation of omega 3 products due to the expanding consumer base for healthy dietary options, rising health consciousness, and the widespread availability of health foods. Meanwhile, the Asia Pacific region is anticipated to experience the highest growth rate, reflecting a promising market with a strong compound annual growth rate (CAGR).

The global omega 3 market features a highly diversified and competitive landscape, with the presence of numerous local and international manufacturers. Notable players in the market include BASF Corporation, Cargill Inc, DSM, Lonza, Corbion, Ingredion Incorporated, Archer-Daniels-Midland Company, Friesland Campina, Kerry PLC, and Olam International Ltd.

As the global omega 3 market continues its expansion, manufacturers and stakeholders are actively working to address challenges, enhance consumer awareness, and develop innovative products to meet the rising demand for nutraceuticals.

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