According to the report, the global omega-3 market is likely to grow from USD 2.8 Billion in 2025 to USD 6.1 Billion in 2035 at a moderate CAGR of 7.2% during the time period. The increasing consumer awareness about preventive healthcare and the role of Omega-3 in cardiovascular and cognitive health are the aspects significantly driving the growth of the global market for Omega-3. The increasing incidence of lifestyle disorders like obesity, blood pressure, and diabetes has forced consumers to go on nutritional supplements rich in EPA and DHA.
An aging population in several regions across the globe further increases demand for joint health and memory support products where Omega-3 is at its core. Further supports to this are the consumer trends of ethical consumption, with innovations being made for sustainable marine and plant-based sources of Omega-3, such as algae Omega-3 from Corbion, slated for launch in Asia and North America in 2024. The extension of Omega-3 applications into pet nutrition and functional beverages adds to the diversification of application fields, furthering market growth beyond traditional supplement formats.
The Omega-3 market today is mainly propelled by increased mental health and cognitive performance focus. Consumers, especially in the developed world, are becoming much more aware of DHA's and EPA's positive effects on cognition, memory, concentration, and extreme anxiety or depression symptoms. This has promoted the inclusion of omega-3 into brain health supplements and nootropic beverages. For instance, in April 2024, DSM-Firmenich launched an entirely new Omega-3 formulation for mental wellness and focus enhancement.
The raw material availability, based on overfishing and concerns regarding sustainability, is a source of instability in the Omega-3 market. Given its dominance, marine-sourced Omega-3 is subject to variation with changes in fish stock availability, fishing with quotas under regulations, and climate impacting the marine ecosystems. This triggers price volatility and constraints in the supply chain, finally impacting the cost structures that manufacturers across the globe have to work on.
A considerable opportunity exists as customized nutrition programs and health apps rise and supplement intake is customized according to diet. In particular, omega-3s are recommended more and more within personalized health plans due to the cardiovascular, cognitive, and prenatal health advantages grants. Following the example of Nutrigenomix, such companies utilize genetic testing to bring in optimized recommendations for the intake of omega-3, hence pushing the barrages for new consumer classes and high-end products within the nutraceutical arena.
Tariff rates greatly affect the cost structure of Omega-3 supplements, especially those that are marine-sourced, something applying to both fish oil and krill oil. The cost of raw materials required for productions are highly dependent on exports, as such nations such as India and the U.S. have imposed import duties to protect local producers, leading to higher costs for raw materials. Such high bearing costs force companies to either absorb costs or alter formulations using domestic or cheaper inputs, often compromising product quality. Furthermore, high tariffs on nutraceuticals products disrupts trade, pressuring manufacturers to either localize supply chain or form regional alliances for production. Thus, tariff dynamics have increasingly become one of the finder points in reference to supply chain localization and pricing strategies in the global Omega-3 market.
Prominent players operating in the global omega-3 market are Aker BioMarine ASA, Archer Daniels Midland Company (ADM), BASF SE, BioProcess Algae, LLC, Biosearch Life, Cargill, Incorporated, Croda International Plc, DSM-Firmenich, Epax Norway AS, GC Rieber Oils, GOED, KD Pharma Group, Koninklijke DSM N.V., Lonza Group Ltd., Natrol LLC, Nordic Naturals, Inc., Omega Protein Corporation, Orkla Health, Pharmavite LLC, Polaris Nutritional Lipids and Other Key Players.
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