1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
FEATURED COMPANIES
- AKER BIOMARINE AS
- BASF SE
- Bellamy's Australia Ltd.
- Cargill Inc.
- Koninklijke DSM NV
- Nestlé SA
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
Global Omega 3 Products Market: About this market
The omega 3 products market analysis considers sales from functional food and supplements, infant nutrition, pharmaceutical, and pet food and feed products. Our study also finds the sales of omega 3 products in APAC, Europe, North America, South America, and MEA. In 2018, the functional food and supplements segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the aging global population, increasing health consciousness among consumers, and the health benefits of Omega 3 fatty acids will play a significant role in the functional food and supplements segment to maintain its market position. Also, our global omega 3 products market report looks at factors such as health benefits of omega 3 products, increasing number of product launches, and increasing mergers and acquisitions. However, product recalls, increasing fish allergy among consumers, and stringent regulations may hamper the growth of the omega 3 products industry over the forecast period.
Global Omega 3 Products Market: Overview
Health benefits of omega 3 products
Regular intake of omega 3 fatty acids offer various health benefits for consumers. They help fight age-related mental decline, reduce the risk of Alzheimer’s and heart diseases, and increase high-density lipoprotein (HDL) in the human body. The docosahexaenoic acid (DHA) found in omega 3 fatty acids help improve eyesight. Various such benefits offered by omega 3 fatty acids are increasing their popularity among consumers which will lead to the expansion of the global omega 3 products market at a CAGR of over 7% during the forecast period.
The increasing popularity of vegan omega 3 products
Globally, plant-based food products are gaining popularity among health-conscious consumers. This will increase the demand for vegan omega 3 products during the forecast period. One of the reasons for the shift toward plant-based diets is the health and food safety concerns with animal-based food products. Vegan people avoid animal-based products in their diets, which increases the demand for plant-based diets. Compared with animal-based diets, plant-based diets are more beneficial for human health. These diets are rich in antioxidants and beneficial plant compounds. They are also rich in folate, magnesium, potassium, vitamin A, vitamin C, and vitamin E. These diets help in lowering the risks of cardiovascular disease and other metabolic disorders. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global omega 3 products market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading omega 3 products manufacturers, that include AKER BIOMARINE AS, Archer Daniels Midland Co., BASF SE, Bellamy's Australia Ltd., Cargill Inc., Koninklijke DSM NV, Nestlé SA, Orkla ASA, Reckitt Benckiser Group Plc, and Unilever Group.
Also, the omega 3 products market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The omega 3 products market analysis considers sales from functional food and supplements, infant nutrition, pharmaceutical, and pet food and feed products. Our study also finds the sales of omega 3 products in APAC, Europe, North America, South America, and MEA. In 2018, the functional food and supplements segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the aging global population, increasing health consciousness among consumers, and the health benefits of Omega 3 fatty acids will play a significant role in the functional food and supplements segment to maintain its market position. Also, our global omega 3 products market report looks at factors such as health benefits of omega 3 products, increasing number of product launches, and increasing mergers and acquisitions. However, product recalls, increasing fish allergy among consumers, and stringent regulations may hamper the growth of the omega 3 products industry over the forecast period.
Global Omega 3 Products Market: Overview
Health benefits of omega 3 products
Regular intake of omega 3 fatty acids offer various health benefits for consumers. They help fight age-related mental decline, reduce the risk of Alzheimer’s and heart diseases, and increase high-density lipoprotein (HDL) in the human body. The docosahexaenoic acid (DHA) found in omega 3 fatty acids help improve eyesight. Various such benefits offered by omega 3 fatty acids are increasing their popularity among consumers which will lead to the expansion of the global omega 3 products market at a CAGR of over 7% during the forecast period.
The increasing popularity of vegan omega 3 products
Globally, plant-based food products are gaining popularity among health-conscious consumers. This will increase the demand for vegan omega 3 products during the forecast period. One of the reasons for the shift toward plant-based diets is the health and food safety concerns with animal-based food products. Vegan people avoid animal-based products in their diets, which increases the demand for plant-based diets. Compared with animal-based diets, plant-based diets are more beneficial for human health. These diets are rich in antioxidants and beneficial plant compounds. They are also rich in folate, magnesium, potassium, vitamin A, vitamin C, and vitamin E. These diets help in lowering the risks of cardiovascular disease and other metabolic disorders. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global omega 3 products market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading omega 3 products manufacturers, that include AKER BIOMARINE AS, Archer Daniels Midland Co., BASF SE, Bellamy's Australia Ltd., Cargill Inc., Koninklijke DSM NV, Nestlé SA, Orkla ASA, Reckitt Benckiser Group Plc, and Unilever Group.
Also, the omega 3 products market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- AKER BIOMARINE AS
- BASF SE
- Bellamy's Australia Ltd.
- Cargill Inc.
- Koninklijke DSM NV
- Nestlé SA
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- AKER BIOMARINE AS
- BASF SE
- Bellamy's Australia Ltd.
- Cargill Inc.
- Koninklijke DSM NV
- Nestlé SA
The following companies as the key players in the global omega 3 products market: AKER BIOMARINE AS, Archer Daniels Midland Co., BASF SE, Bellamy's Australia Ltd., Cargill Inc., Koninklijke DSM NV, Nestlé SA, Orkla ASA, Reckitt Benckiser Group Plc, and Unilever Group.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing popularity of vegan omega 3 products.”
According to the report, one of the major drivers for this market is the health benefits of omega 3 products.
Further, the report states that one of the major factors hindering the growth of this market is product recalls.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing popularity of vegan omega 3 products.”
According to the report, one of the major drivers for this market is the health benefits of omega 3 products.
Further, the report states that one of the major factors hindering the growth of this market is product recalls.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- AKER BIOMARINE AS
- Archer Daniels Midland Co.
- BASF SE
- Bellamy's Australia Ltd.
- Cargill Inc.
- Koninklijke DSM NV
- Nestlé SA
- Orkla ASA
- Reckitt Benckiser Group Plc
- Unilever Group
Note: Product cover images may vary from those shown
