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April 12, 2023 (The Expresswire) - Latest Market Research Report on "Marine omega-3 markethas been divided into regions, countries, companies and other segments. The global Marine Omega-3 market is dominated by key players such as[DSM, BASF, EPAX, Golden Omega, TASA, Omega Protein, Croda, KD Pharma (Składniki Morskie), GC Rieber, Polaris, Auqi, Kinomega, Skuny, Xinzhou, Anti-Cancer, Sinomega, Orkla Health, LYSI, OLVEA Fish Olej, Hofseth BioCare, Nippon Swiss Kaisha, Algen Bioprocess, Shandong Yuwang Pharmaceutical, Maruha Niciro Foods, Solutex]these players have used different strategies to increase their market penetration and strengthen their position in the sector. Stakeholders and other participants in the global Marine Omega-3 market will be able to gain an advantage as they will use the report as a powerful resource to meet their business needs.
Number of tables and figures: 164
What is the growth rate of the Marine Omega-3 market?
The marine omega-3 market size is expected to reach millions of USD by 2030 compared to 2023 with an unexpected CAGR over the 2023-2030 forecast period.
Explore a detailed index, charts and numbers with charts spread across 129 pages, providing exclusive data, insights, important stats, trends and competitive details in this niche sector.
non-customer concentration 1. Does this report consider the impact of COVID-19 and the war between Russia and Ukraine on the marine omega-3 market?
1. Does this report consider the impact of COVID-19 and the war between Russia and Ukraine on the marine omega-3 market?Yes. As COVID-19 and the war between Russia and Ukraine have a profound impact on global supply chain relations and the commodity price system, we have certainly taken this into account in our research and in the chapters we wrote about the impact of the pandemic and the war against the marine omega-3 industry
The final report will analyze the impact of the Russo-Ukrainian War and COVID-19 on this marine omega-3 industry.
TO KNOW HOW THE COVID-19 PANDEMIC AND THE WAR IN RUSSIA IN UKRAINE AFFECT THIS MARKET - ASK FOR A SAMPLE
This research report is the result of extensive primary and secondary research into the Marine Omega-3 market. It provides a complete overview of current and future market objectives, along with an analysis of competitive industries by application, type and regional trends. It also provides a dashboard overview with the past and present performance of leading companies. A variety of methodologies and analyzes are used in the research to provide accurate and comprehensive information about the Marine Omega-3 market.
What are the key drivers driving the Marine Omega-3 market?
growing demand for[Dietary supplements, fortified foods and beverages, infant formulas, pharmaceuticals, pet foods, others]around the world had a direct impact on the development of Marine Omega-3
The segments and sub-sections of the Marine Omega-3 market are shown below:
The market is segmented based on product types[Source of omega-3 from marine animals, omega-3 from marine plants]which had the highest market share of marine omega-3 fatty acids in 2022.
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Marine Omega-3 Market - Competition and Segmentation Analysis:
2. How do you list the stakeholders to include in the report?
To shed light on the competitive situation in the industry, we specifically look not only at leading companies that have a global voice, but also regional SMEs that play a key role and have huge growth potential.
Marine Omega-3 Market Brief Description:
The global Marine Omega-3 market is expected to grow at a significant rate over the forecast period, between 2022 and 2030. In 2021, the market will grow steadily as adoption of the strategy by top players increases. The market is expected to rise above the projected horizon.
Marine omega-3 fatty acids, also known as 1-3 fatty acids or n-3 fatty acids, are polyunsaturated fatty acids (PUFA) with a double bond (C=C) at the third carbon atom from the end of the carbon chain. The three types of marine omega-3s involved in human physiology are α-linolenic acid (ALA) (found in vegetable oils), eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) (both commonly found in marine oils). They are considered essential fatty acids and are essential for human health, but the body is unable to produce them. They also play a role in brain health and normal growth and development.
Market Analysis and Insights: The Global Marine Omega-3 Market
Due to the COVID-19 pandemic, the global market for marine omega-3 fatty acids is estimated to reach USD 2,528 million by 2021 and reach an adjusted volume of USD 3,499.9 million by 2028, with a CAGR of 4.7% over the period forecasts 2022 - 2028.
The major players in Global Marine Omega-3 are DSM, BASF, GC Rieber Oils, KD Pharma Group, Pelagia (EPAX), etc. The world's top five producers have a market share of around 55%. The largest market is Europe with a share of around 55 percent, followed by South America with a share of around 20 percent. In terms of products, the largest segment is Marine Animals Source Omega-3, with a share of about 90 percent. And when it comes to application, the largest use is in dietary supplements, followed by pet foods, fortified foods and beverages, infant formulas, pharmaceuticals, etc.
Global Reach and Market Size of Marine Omega-3
The global Marine Omega-3 market is segmented by region (country), company, type and application. Players, stakeholders and other participants in the global Marine Omega-3 market will be able to gain an advantage as they will use the report as a powerful source of information. Segment analysis focuses on sales, revenues and forecast by region (country), type and application for 2017-2028.
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3. What are the main data sources?Primary and secondary data sources are used to create the report.
Primary sources include extensive interviews with key opinion leaders and industry experts (such as experienced frontline staff, directors, general managers and marketing managers), downstream distributors and end users. Secondary sources include research into major companies' annual and financial reports, public records, new journals, etc. We also work with some external databases.
Geographically detailed analysis of consumption, revenue, market share and growth rate, historical data and forecasts (2017-2027) for the following regions are discussed in the chapters:
● North America (United States, Canada and Mexico)
● Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
● Asia Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
● South America (Brazil, Argentina, Colombia, etc.)
● Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa)
This Marine Omega-3 Market Research/Analysis Report answers the following questions
● What are the global trends in the Marine Omega-3 market? Will there be an increase or decrease in demand on the market in the coming years?
● What is the estimated need for the different types of products in Marine Omega-3? What are the upcoming applications and industry trends in the Marine Omega-3 market?
● What are the projections for the global omega-3 marine industry in terms of productivity, production and production value? What will be the estimated cost and profit? What will be the market share, supply and consumption? What about import and export?
● Where will strategic changes take the industry in the medium and long term?
● What factors affect the final price of Marine Omega-3? What raw materials are used to produce Marine Omega-3?
● What are the market opportunities for Marine Omega-3? How will the growing popularity of Marine Omega-3 in the mining industry affect the overall growth rate of the market?
● What is the value of the global marine omega-3 market? What was the market value in 2020?
● Who are the main producers in the Marine Omega-3 market? What companies are ahead?
● What recent industry trends can be implemented to generate additional revenue streams?
● What should be the entry strategies, economic countermeasures and marketing channels for the omega-3 marine industry?
correction of the report
Can I change the scope of the report to my needs?
Yes. Tailored, multi-dimensional, deep and high-quality requirements can help our clients seize market opportunities with precision, overcome market challenges easily, correctly formulate market strategies and act quickly, gaining enough time and space for competition in the Market.
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A detailed index of global marine omega-3 insights and forecasts to 2030
Summary of key points
Global Marine Omega-3 Market Research Report 2023-2030 by Manufacturers, Regions, Types and Applications
1.1 Purpose of the study
1.2 Market Definition
1.3 Market size
1.3.1 Market segment by type, application and marketing channel
1.3.2 Core regions (North America, Europe, Asia Pacific, Middle East and Africa)
1.4 years considered for the study (2015-2030)
1.5 Currency (US dollar)
2 main conclusions from the study
3 Market dynamics
3.1 Drivers of this market
3.2 Factors challenging the market
3.3 Global Marine Omega-3 Market Opportunities (Regions, Emerging/Downstream Emerging Markets Analysis)
3.4 Technological and market development on the market of marine omega-3 fatty acids
3.5 Industry news by region
3.6 Regulatory scenario by region/country
3.7 Analysis of Market Investment Scenarios of Strategic Recommendations
4 The marine omega-3 market value chain
4.1 Situation of the value chain
4.2 Initial analysis of raw materials
4.3 Analyze the main intermediary company (by product, product type)
4.5 Downstream analysis of major customers (by region)
5 Marine Omega-3 global market segmentation by type
6 Global Marine Omega-3 Market Segmentation by Application
7 Global segmentation of the Marine Omega-3 market by marketing channels
7.1 Traditional (offline) marketing channel
7.2 Online Channel
8 profiles of companies dealing with competitive intelligence
9 Geographical segmentation of the global marine omega-3 market
9.1 North America
9.4 Latin America
9.5 Middle East and Africa
10 future predictions for the global marine omega-3 market from 2023-2030
10.1 Forecast of the future of the global marine omega-3 market 2023-2030 by region
10.2 Global marine omega-3 production and growth rate by type (2023-2030)
10.3 Global consumption of marine omega-3 fatty acids and growth rate by use (2023-2030)
12.2 Source of research data
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How big is the omega 3 market? ›
The global omega 3 market was valued at USD 2.43 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030. This is attributable to the rising use of omega 3-based ingredients in the human diet to support brain and heart health.
The global omega 3 market was valued at USD 2.19 billion in 2021 and is expected to grow at a CAGR of 8.0% during the forecast period.What is the market size of eicosapentaenoic acid? ›
The global EPA and DHA market size was valued at USD 1,626.10 million in 2021 and is anticipated to witness a compound annual growth rate (CAGR) of 6.76% from 2022 to 2030.What is the market size of DHA? ›
The EPA and DHA Market was valued at USD 1,626.10 million last year and is projected to register a CAGR of 6.76% over the next five years.