The Global Omega 3 (EPA/DHA) Ingredients market was valued at USD 1.54 billion in 2021 and is expected to reach USD 1.95 billion by the year 2028, at a CAGR of 3.4%.

Omega-3 fatty acids are a group of polyunsaturated fatty acids that are important for various functions in the body. Omega-3 fatty acids are found in foods, such as fish and flaxseed, and nutritional supplements, such as fish oil. The three main omega-3 fatty acids are alpha-linolenic acid (ALA), eicosapentaenoic acid (EPA), and docosahexaenoic acid (DHA). Eicosapentaenoic acid (EPA) is mostly found in animal products, such as fatty fish and fish oil. However, some microalgae also contain EPA. It has several functions in the human body. Part of it can be converted into DHA. Docosahexaenoic acid (DHA) is an omega-3 fatty acid that is also known as cervonic acid.

Top Key Players Covered in The Global Omega 3 (EPA/DHA) Ingredients Market

BASF SE (Germany), DSM (Netherlands), Aker BioMarine ASA (Norway), Croda International PLC (UK), Stepan Company (US), Pharma Marine (Norway), GC Riber Group (Norway), Clover Corporation (Australia), Omega Protein Corporation (US), Cellana (US), United Laboratories (India), Abee (India), Ocean Nutrition Canada Limited (Canada), Arista Industries (US) and other major players.

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At the core of our study is an in-depth analysis of the Omega 3 (EPA/DHA) Ingredients Market ecosystem, where we thoroughly examine the functions and interdependencies of various market stakeholders. Through our expert utilization of trusted methodologies, including SWOT Analysis, Porter's Five Forces Analysis, and Price Trend Analysis, we offer a comprehensive understanding of both the regulatory landscape and the prevailing trends shaping the industry.

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Segmentation:

By Type          

·         Alpha-Linolenic Acid {ALA}

·         Eicosapentaenoic Acid {EPA}

·         Docosahexaenoic Acid {DHA}

By Source      

·         Fish Oil & Krill Oil

·         Algal Oil

·         Walnut

·         Pumpkin Seeds

·         Soyabean Oil

·         Others

By Application          

·         Pharmaceutical Industry

·         Dietary Supplement

·         Food & Beverage Industry

·         Animal Nutrition

Market Dynamics:

Driver:

The dynamics of the EPA/DHA (Omega-3) ingredients market will be positively impacted by rising consumer knowledge and interest in food items enhanced with omega-3 fatty acids. Consumers can choose from a wide range of food products containing EPA and DHA in a variety of tastes and edible forms, such as candies, gummie, chewable, and sachets. Increase in heart disorder disease and other diseases due to a lack of sufficient dietary supplements and unhealthy lifestyles driving the growth of the market during the forecast period.

Opportunities:

As the usage of Omega 3 compounds in personal care is on the verge of emerging from its period of dormancy, industry participants are concentrating on a few of the undiscovered niches in the personal care and cosmetics sector. The effects of EPA and DHA Omega 3 components on skin repair have been long been recognized, and they are now frequently used in personal care and cosmetic products which create opportunities for market players.

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By Region

•        North America (US, Canada, Mexico)

•        Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

•        Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

•        Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

•        Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

•        South America (Brazil, Argentina, Rest of SA)

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