Omega-3 mainly has three types involved in ALA, EPA and DHA. It is also extracted from fish oil and algae oil, etc. Omega-3 produced by algae has not been wildly used. This method has great potential.
Currently, omega-3 is mainly distributed in Europe, North America, South America and China. Europe was the largest consumption region holding 37.71% of global share, while China consumption takes only 9.05% of global omega-3 in 2017. Manufactures are by regional distribution of fish resources. This industry is mainly concentrated in areas which have rich aquatic resources.
In Europe, Norway is the biggest consumer country, of which the share is 25.77% of all Europe consumption. Asia-Pacific has huge market potential, especially China, the total consumption increases to 10.1 K MT in 2017 from 8.1 K MT in 2013 at a CAGR of 5.83%.
The market concentrate is rather dispersion, DSM, BASF, EPAX, Golden Omega, TASA, Omega Protein, Croda, Marine Ingredients, GC Rieber, Polaris are main manufacturers and the total share of top 3 is 37.86% in 2017.
In the coming few years, global sales of omega-3 will continue to increase. In 2023, global sales may be 151.7 K MT. Omega-3 can be widely used in dietary supplements, fortified food and beverage, infant formula, pharmaceuticals, pet foods and other fields. With the development of economy, these industries will need more omega-3. So, omega-3 has a huge market potential in the future.
Market Analysis and Insights: Global Marine Omega-3 Market
In 2019, the global Marine Omega-3 market size was US$ 11730 million and it is expected to reach US$ 17020 million by the end of 2026, with a CAGR of 5.4% during 2021-2026.
Global Marine Omega-3 Scope and Market Size
Marine Omega-3 market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Marine Omega-3 market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Marine Omega-3 market is segmented into
Marine Animals Source Omega-3
Marine Plant Source Omega-3
Segment by Application, the Marine Omega-3 market is segmented into
Fortified Food and Beverage
Regional and Country-level Analysis:
Rest of Asia-Pacific
Rest of Europe
Rest of Latin America
Middle East & Africa
Rest of MEA
Competitive Landscapeand Marine Omega-3 Market Share Analysis
Marine Omega-3 market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Marine Omega-3 product introduction, recent developments, Marine Omega-3 sales by region, type, application and by sales channel.
The major companies include:
KD Pharma (Marine Ingredients)
OLVEA Fish Oils
Nippon Suisan Kaisha
Shandong Yuwang Pharmaceutical
Maruha Nichiro Foods
Frequently Asked Questions
- By product type
- By End User/Applications
- By Technology
- By Region