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Global omega-3 market was valued at USD 12603.85 million in 2021 and is projected to reach USD 25876.39 million by 2028
The Market: size and growth
The global
omega-3 market was valued at USD 12603.85 million in 2021 and is
projected to reach USD 25876.39 million by 2028, at a CAGR of 10.82% during the
forecast period from 2021 to 2028.
Omega-3 fatty acids
are polyunsaturated fatty acids (PUFAs) that are essential for human health but
cannot be produced by the body. The most important omega-3 fatty acids are
eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA), which are found in
fish oil. EPA and DHA have various health benefits, including reducing the risk
of heart disease, stroke,
and cancer.
The growing
awareness of the health benefits of omega-3 fatty acids is the major factor
driving the growth of the omega-3 market.
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What is omega 3, where it comes from
Omega-3 fatty acids
are a type of fat that is essential for human health, but the body cannot make
them. They can be found in fish, such as salmon, mackerel, and herring, and in
some plant oils, such as flaxseed oil and canola oil.
Omega-3 fatty acids are important for the development and function of the brain
and nervous system. They also play a role in reducing inflammation throughout
the body.
There are three main
types of omega-3 fatty acids: eicosapentaenoic acid (EPA), docosahexaenoic acid
(DHA), and alpha-linolenic acid (ALA). EPA and DHA are found in fish
oil, while ALA is found in plant oils.
Drivers of growth
The omega-3 market
is expected to grow at a CAGR of 10.82% from 2021 to 2028.
The growing
awareness of the health benefits of omega-3 is the major driver of growth for
this market. The rising prevalence of chronic diseases, such as heart disease,
cancer, and diabetes, is also driving the demand for omega-3 supplements. In
addition, the growing popularity of functional foods and beverages containing
omega-3 is another factor fueling market growth.
However, the high
cost of omega-3 supplements and the limited availability of fish sources are
restraining factors for the omega-3 market.
In recent years, the
omega 3 industry has exploded in popularity. This is due to the many health
benefits that omega 3 fatty acids offer. Some of these benefits include
reducing inflammation, improving brain function, and reducing the risk of heart
disease.
Due to the
popularity of omega 3 supplements, many businesses have started to sell them.
However, not all omega 3 supplements are created equal.
Key players in the market
·
Aker BioMarine
·
Lonza
·
Axellus
·
BASF
·
DSM
·
BioProcess Algae
·
Croda
·
Omega Protein
·
EPAX
·
Martek Biosciences
·
Pronova
·
GC Rieber Oils
Market Segmentation
Market Segmentation (by Type)
·
Pharmaceutical Grade
·
Food
Grade
Market Segmentation (by Application)
·
Supplements and Functional Foods
·
Pharmaceuticals
·
Infant formulas
·
Pet and Animal Feed
·
Others
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History of omega 3
The omega-3 fatty
acids are a family of unsaturated fatty acids that have in common a final
carbon–carbon double bond in the n-3 position; the other two members of the
family are alpha-linolenic acid and eicosapentaenoic acid. Omega-3 fatty acids
are important in human physiology and are used in the prevention and treatment
of many chronic diseases.
The discovery of the beneficial effects of omega-3 fatty acids has its roots in ancient times. In the early 1800s, scientists began to realize that there were different types of fat. In 1822, French chemist Michel Eugène Chevreul distinguisheed between two types of fat: oleic acid (now known as omega-9) and stearic acid (now known as omega-3).
What are the benefits of omega 3
There are many
benefits of omega 3, including reducing inflammation, improving brain health,
and reducing the risk of heart disease.
Omega 3 is a type of
polyunsaturated fatty acid that is found in fish oil. It has been shown to have
various health benefits, including reducing inflammation, improving brain
health, and reducing the risk of heart disease.
Fish oil supplements
are the most common source of omega 3, but it can also be found in food sources
such as flaxseeds, chia seeds, and walnuts.
There are many
products on the market that claim to be rich in omega 3s, but not all of them
are created equal. Here are the top five products that actually deliver on
their promise.
Top 5 omega 3 products on the market
1. Wild caught
salmon is a great source of omega 3s, and it's also delicious and nutritious.
2. Flaxseeds are another excellent plant-based source of omega 3s. They can be
easily added to smoothies, oatmeal, or baked goods.
3.Fish oil supplements: Fish oil supplements provide omega 3s in a convenient
pill form. They are a good option for people who don't eat fish or nuts
regularly.
4. Chia seeds are yet another plant-based source of omega 3s that pack a
powerful nutritional punch. They can be used in similar ways as flaxseeds.
5. Walnuts are a tasty way to get your omega 3s, and they also contain other
health-promoting nutrients like antioxidants and healthy fats.
Omega-3 Market Report: Future outlook
The global omega-3
market is forecast to grow at a CAGR of 10.82% from 2021 to 2028, according to
a new report by Market.biz. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion
of the key vendors operating in this market.
The rising demand
for fish oil and other omega-3 supplements is driven by the growing awareness
of the health benefits of omega-3 fatty acids, particularly for heart health.
The increase in chronic diseases such as cardiovascular disease and diabetes is
another factor driving the growth of the omega-3 market. In addition, the
rising popularity of functional foods and beverages containing omega-3 is
expected to boost market growth over the forecast period.
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