The omega 3 ingredient market is expected to grow with a CAGR of 15% by 2024


   October 31, 2019
According to a market report by Lucintel, the future of the omega 3 ingredient market looks promising with opportunities in the supplements and functional foods, pharmaceuticals, infant formula, and pet and animal feed application segments. The omega 3 ingredient market is expected to grow with a CAGR of 15% from 2019 to 2024. The major growth drivers for this market are augmented application scope, increasing consumer health concerns, and scientific evidence supporting health benefits.

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In this market, eicosapentaenoic acid (EPA), docosahexaenoic acid (DHA), and aplha-linolenic acid (ALA) are the major type segments. EPA is the largest type segment of this market.

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North America will remain the largest market over the forecast period due to growing disposable income, increasing health awareness, and an upsurge in consumer expenditure on healthy food products.

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Koninklijke DSM NV, BASF SE, Croda, NU-MEGA, Pronova, Omega Protein Corporation, and Ocean Nutrition are among the major manufacturers of omega 3 ingredients.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the omega 3 ingredient market by application, product, type, and region. Lucintel has prepared a comprehensive research report titled "Omega 3 Ingredients Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the omega 3 ingredient market by application, product type, and region as follows:

By Application [$M shipment analysis for 2013 – 2024]:



  • Supplements and Functional Foods


  • Pharmaceuticals


  • Infant formula


  • Pet and Animal Feed


  • Others


By Type [$M shipment analysis for 2013 – 2024]:



  • Eicosapentaenoic Acid (EPA)


  • Docosahexaenoic Acid (DHA)


  • Aipha-linolenic Acid (ALA)


By Region [$M shipment analysis for 2013 – 2024]:



  • North America


  • United States


  • Canada


  • Mexico


  • Europe


  • UK


  • Germany


  • Italy


  • Asia Pacific


  • China


  • Japan


  • India


  • Rest of the World


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This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/omega-3-ingredient-market.aspx or helpdesk@lucintel.com.

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Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.


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