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Global Omega Ingredients Market Size, Share, Forecast: By Source: Fish, Algae, Plant; By Type: Omega-3, Omega-6 and Omega-9; By Application: Food and Beverage, Dietary Supplements, Pharmaceutical, Animal Nutrition; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Omega Ingredients Market Outlook

The global omega ingredients market is estimated to grow at a CAGR of 8.40% in the forecast period of 2024-2032.

omega ingredients market

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Rising Inclination towards Plant-Based Omega to Propel the Market Growth of Omega Ingredients

Based on source, the increasing demand for naturally-sourced, traceable, and clean-label food supplements, such as plant-based omega, is driving the market growth of omega ingredients. There is a rising inclination of consumers towards an affordable and sustainable alternative to animal-based omega ingredients. The growing trend of veganism and the rising concerns of consumers over protecting the marine ecosystems and biodiversity are significantly catalysing the market development. The depletion of essential fisheries due to overfishing and other environmental issues such as climate change is resulting in increased preference for plant-based alternatives to meet the demands of the world’s growing population. The plant-based omega ingredient is a viable and sustainable source of omega-3 that does not contribute to the depletion of natural resources. The new product launches by the market players to attract a new generation of consumers who are looking for sustainable ways to boost their overall health are likely to aid the market over the forecast period.

Market Segmentation

omega ingredients market by segments

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Omega ingredients are polyunsaturated fatty acids found in fish, plants, and algae. Omega 3 ingredients include ALA (alpha-linolenic acid), DHA (Docosahexanoic acid), and EPA (Eicosapentaenoic acid). They help in the brain, nerve, and eye development of infants. Omega 6 consists of LA (Linoleic acid), ARA (Arachidonic Acid), GLA (Gamma linoleic), and CLA (Conjugated linoleic acid). Omega-6 fats play a critical role in promoting immune health and blood clotting. Omega 9 is made of Oleic acid and Erucic acid.

The market for omega ingredients, by source, is divided into:

Fish
Algae
Plant

Based on type, the market is segmented into:

Omega-3
Omega-6 and Omega-9

On the basis of application, the market is classified into:

Food and Beverage
Dietary Supplements
Pharmaceutical
Animal Nutrition

omega ingredients market by region

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The regional markets for omega ingredients can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Growing Health Consciousness to Drive the Market Growth of Omega Ingredients

The pandemic bolstered the market for omega ingredients in 2020 as there was an increased intake of health supplements due to their anti-inflammatory and anti-viral properties. The rising consumption of omega-3 supplements and food products by health-conscious people during the pandemic contributed to the market expansion. The health benefits of omega ingredients include improving cardiac health, fighting inflammation, supporting mental health, and helping infant brain development. The emergence of e-commerce, expansion of supermarkets, and rising purchasing power, coupled with the easy availability of omega based supplements through these channels are further bolstering the market growth of omega ingredients. Additionally, the growing working-class segment and their intake of omega rich products to boost metabolism and the rising demand for nutraceuticals to enhance the cognitive health of children are also accelerating the market development. Furthermore, there has been an increase in research activities to develop bioavailable omega ingredients, such as microalgae, as an alternative to fish and sea products. For instance, in October 2020, researchers discovered a new way to detect lipid production inside living microalgae, which could assist in the development of omega-3 supplements. The efforts made by the key market players to expand their offerings of high-quality, reliable products are expected to augment the market over the forecast period.

Key Players in the Global Omega Ingredients Market

The report gives a detailed analysis of the following key players in the global omega ingredients market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

BASF SE
Unilever Plc
Koninklijke DSM NV
Polaris SA
Corbion NV
Cargill Incorporated
AlgaeCytes Limited
Cellana Inc.
Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES	DETAILS
Base Year	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Scope of the Report	Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment: Source Type Application Region
Breakup by Source	Fish Algae Plant
Breakup by Type	Omega-3 Omega-6 and Omega-9
Breakup by Application	Food and Beverage Dietary Supplements Pharmaceutical Animal Nutrition
Breakup by Region	North America United States of America Canada Europe United Kingdom Germany France Italy Others Asia Pacific China Japan India ASEAN Australia Others Latin America Brazil Argentina Mexico Others Middle East and Africa Saudi Arabia United Arab Emirates Nigeria South Africa Others
Market Dynamics	SWOT Analysis Porter's Five Forces Analysis Key Indicators for Demand Key Indicators for Price
Price Analysis	Historical Price Trends Forecast Price Trends
Competitive Landscape	Market Structure Company Profiles Company Overview Product Portfolio Demographic Reach and Achievements Certifications
Companies Covered	BASF SE Unilever Plc Koninklijke DSM NV Polaris SA Corbion NV Cargill Incorporated AlgaeCytes Limited Cellana Inc. Others
Report Price and Purchase Option	Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format	Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Market Snapshot
   6.1   Global
   6.2   Region
7   Opportunities and Challenges in the Market
8   Global Omega Ingredients Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Omega Ingredients Historical Market (2018-2023)
   8.3   Global Omega Ingredients Market Forecast (2024-2032)
   8.4   Global Omega Ingredients Market by Source
       8.4.1   Fish
           8.4.1.1 Historical Trend (2018-2023)
           8.4.1.2 Forecast Trend (2024-2032)
       8.4.2   Algae
           8.4.2.1 Historical Trend (2018-2023)
           8.4.2.2 Forecast Trend (2024-2032)
       8.4.3   Plant
           8.4.3.1 Historical Trend (2018-2023)
           8.4.3.2 Forecast Trend (2024-2032)
   8.5   Global Omega Ingredients Market by Type
       8.5.1   Omega-3
           8.5.1.1 Historical Trend (2018-2023)
           8.5.1.2 Forecast Trend (2024-2032)
       8.5.2   Omega-6 and Omega-9
           8.5.2.1 Historical Trend (2018-2023)
           8.5.2.2 Forecast Trend (2024-2032)
   8.6   Global Omega Ingredients Market by Application
       8.6.1   Food and Beverage
           8.6.1.1 Historical Trend (2018-2023)
           8.6.1.2 Forecast Trend (2024-2032)
       8.6.2   Dietary Supplements
           8.6.2.1 Historical Trend (2018-2023)
           8.6.2.2 Forecast Trend (2024-2032)
       8.6.3   Pharmaceutical
           8.6.3.1 Historical Trend (2018-2023)
           8.6.3.2 Forecast Trend (2024-2032)
       8.6.4   Animal Nutrition
           8.6.4.1 Historical Trend (2018-2023)
           8.6.4.2 Forecast Trend (2024-2032)
   8.7   Global Omega Ingredients Market by Region
       8.7.1   North America
           8.7.1.1 Historical Trend (2018-2023)
           8.7.1.2 Forecast Trend (2024-2032)
       8.7.2   Europe
           8.7.2.1 Historical Trend (2018-2023)
           8.7.2.2 Forecast Trend (2024-2032)
       8.7.3   Asia Pacific
           8.7.3.1 Historical Trend (2018-2023)
           8.7.3.2 Forecast Trend (2024-2032)
       8.7.4   Latin America
           8.7.4.1 Historical Trend (2018-2023)
           8.7.4.2 Forecast Trend (2024-2032)
       8.7.5   Middle East and Africa
           8.7.5.1 Historical Trend (2018-2023)
           8.7.5.2 Forecast Trend (2024-2032)
9   North America Omega Ingredients Market Analysis
   9.1   United States of America
       9.1.1 Historical Trend (2018-2023)
       9.1.2 Forecast Trend (2024-2032)
   9.2   Canada
       9.2.1 Historical Trend (2018-2023)
       9.2.2 Forecast Trend (2024-2032)
10   Europe Omega Ingredients Market Analysis
   10.1   United Kingdom
       10.1.1 Historical Trend (2018-2023)
       10.1.2 Forecast Trend (2024-2032)
   10.2   Germany
       10.2.1 Historical Trend (2018-2023)
       10.2.2 Forecast Trend (2024-2032)
   10.3   France
       10.3.1 Historical Trend (2018-2023)
       10.3.2 Forecast Trend (2024-2032)
   10.4   Italy
       10.4.1 Historical Trend (2018-2023)
       10.4.2 Forecast Trend (2024-2032)
   10.5   Others
11   Asia Pacific Omega Ingredients Market Analysis
   11.1   China
       11.1.1 Historical Trend (2018-2023)
       11.1.2 Forecast Trend (2024-2032)
   11.2   Japan
       11.2.1 Historical Trend (2018-2023)
       11.2.2 Forecast Trend (2024-2032)
   11.3   India
       11.3.1 Historical Trend (2018-2023)
       11.3.2 Forecast Trend (2024-2032)
   11.4   ASEAN
       11.4.1 Historical Trend (2018-2023)
       11.4.2 Forecast Trend (2024-2032)
   11.5   Australia
       11.5.1 Historical Trend (2018-2023)
       11.5.2 Forecast Trend (2024-2032)
   11.6   Others
12   Latin America Omega Ingredients Market Analysis
   12.1   Brazil
       12.1.1 Historical Trend (2018-2023)
       12.1.2 Forecast Trend (2024-2032)
   12.2   Argentina
       12.2.1 Historical Trend (2018-2023)
       12.2.2 Forecast Trend (2024-2032)
   12.3   Mexico
       12.3.1 Historical Trend (2018-2023)
       12.3.2 Forecast Trend (2024-2032)
   12.4   Others
13   Middle East and Africa Omega Ingredients Market Analysis
   13.1   Saudi Arabia
       13.1.1 Historical Trend (2018-2023)
       13.1.2 Forecast Trend (2024-2032)
   13.2   United Arab Emirates
       13.2.1 Historical Trend (2018-2023)
       13.2.2 Forecast Trend (2024-2032)
   13.3   Nigeria
       13.3.1 Historical Trend (2018-2023)
       13.3.2 Forecast Trend (2024-2032)
   13.4   South Africa
       13.4.1 Historical Trend (2018-2023)
       13.4.2 Forecast Trend (2024-2032)
   13.5   Others
14   Market Dynamics
   14.1   SWOT Analysis
       14.1.1   Strengths
       14.1.2   Weaknesses
       14.1.3   Opportunities
       14.1.4   Threats
   14.2   Porter’s Five Forces Analysis
       14.2.1   Supplier’s Power
       14.2.2   Buyer’s Power
       14.2.3   Threat of New Entrants
       14.2.4   Degree of Rivalry
       14.2.5   Threat of Substitutes
   14.3   Key Indicators for Demand
   14.4   Key Indicators for Price
15   Value Chain Analysis
16   Price Analysis
17   Competitive Landscape
   17.1   Market Structure
   17.2   Company Profiles
       17.2.1   BASF SE
           17.2.1.1   Company Overview
           17.2.1.2   Product Portfolio
           17.2.1.3   Demographic Reach and Achievements
           17.2.1.4   Certifications
       17.2.2   Unilever Plc
           17.2.2.1   Company Overview
           17.2.2.2   Product Portfolio
           17.2.2.3   Demographic Reach and Achievements
           17.2.2.4   Certifications
       17.2.3   Koninklijke DSM NV
           17.2.3.1   Company Overview
           17.2.3.2   Product Portfolio
           17.2.3.3   Demographic Reach and Achievements
           17.2.3.4   Certifications
       17.2.4   Polaris SA
           17.2.4.1   Company Overview
           17.2.4.2   Product Portfolio
           17.2.4.3   Demographic Reach and Achievements
           17.2.4.4   Certifications
       17.2.5   Corbion NV
           17.2.5.1   Company Overview
           17.2.5.2   Product Portfolio
           17.2.5.3   Demographic Reach and Achievements
           17.2.5.4   Certifications
       17.2.6   Cargill Incorporated
           17.2.6.1   Company Overview
           17.2.6.2   Product Portfolio
           17.2.6.3   Demographic Reach and Achievements
           17.2.6.4   Certifications
       17.2.7   AlgaeCytes Limited
           17.2.7.1   Company Overview
           17.2.7.2   Product Portfolio
           17.2.7.3   Demographic Reach and Achievements
           17.2.7.4   Certifications
       17.2.8   Cellana Inc.
           17.2.8.1   Company Overview
           17.2.8.2   Product Portfolio
           17.2.8.3   Demographic Reach and Achievements
           17.2.8.4   Certifications
       17.2.9   Others
18   Key Trends and Developments in the Market

List of Figures and Tables

1.   Global Omega Ingredients Market: Key Industry Highlights, 2018 and 2032
2.   Global Omega Ingredients Historical Market: Breakup by Source (USD Million), 2018-2023
3.   Global Omega Ingredients Market Forecast: Breakup by Source (USD Million), 2024-2032
4.   Global Omega Ingredients Historical Market: Breakup by Type (USD Million), 2018-2023
5.   Global Omega Ingredients Market Forecast: Breakup by Type (USD Million), 2024-2032
6.   Global Omega Ingredients Historical Market: Breakup by Application (USD Million), 2018-2023
7.   Global Omega Ingredients Market Forecast: Breakup by Application (USD Million), 2024-2032
8.   Global Omega Ingredients Historical Market: Breakup by Region (USD Million), 2018-2023
9.   Global Omega Ingredients Market Forecast: Breakup by Region (USD Million), 2024-2032
10.   North America Omega Ingredients Historical Market: Breakup by Country (USD Million), 2018-2023
11.   North America Omega Ingredients Market Forecast: Breakup by Country (USD Million), 2024-2032
12.   Europe Omega Ingredients Historical Market: Breakup by Country (USD Million), 2018-2023
13.   Europe Omega Ingredients Market Forecast: Breakup by Country (USD Million), 2024-2032
14.   Asia Pacific Omega Ingredients Historical Market: Breakup by Country (USD Million), 2018-2023
15.   Asia Pacific Omega Ingredients Market Forecast: Breakup by Country (USD Million), 2024-2032
16.   Latin America Omega Ingredients Historical Market: Breakup by Country (USD Million), 2018-2023
17.   Latin America Omega Ingredients Market Forecast: Breakup by Country (USD Million), 2024-2032
18.   Middle East and Africa Omega Ingredients Historical Market: Breakup by Country (USD Million), 2018-2023
19.   Middle East and Africa Omega Ingredients Market Forecast: Breakup by Country (USD Million), 2024-2032
20.   Global Omega Ingredients Market Structure

Key Questions Answered in the Report

What is the growth rate of the global omega ingredients market?

The global omega ingredients market is assessed to grow at a CAGR of 8.40% between 2024 and 2032.

What are the major market drivers?

The major market drivers include the increasing demand for plant-based omega supplements, emergence of e-commerce, expansion of supermarkets, rising purchasing power, and research activities to develop bioavailable omega ingredients.

What are the key market trends of the global omega ingredients market?

The key market trends guiding the growth of the market include the rising health consciousness among the population, health benefits of omega rich foods and supplements, and initiatives taken by market players to offer high-quality, reliable products.

What are the major regional markets of omega ingredients, according to the EMR report?

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

What are the various sources of omega ingredients?

The various sources of omega ingredients include fish, algae, and plant.

What are the major types of omega ingredients?

The major types of omega ingredients include omega-3, and omega-6 and omega-9.

What are the different applications of omega ingredients?

The different applications of omega ingredients include food and beverage, dietary supplements, pharmaceutical, and animal nutrition.

Who are the key market players, according to the report?

The major players in the market are BASF SE, Unilever Plc, Koninklijke DSM NV, Polaris SA, Corbion NV, Cargill Incorporated, AlgaeCytes Limited, and Cellana Inc., among others.

Analyst Review

The global omega ingredients market is driven by the rising health consciousness among the population and the benefits associated with the consumption of omega rich foods and supplements. Aided by the initiatives of market players in offering high-quality products, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 8.40%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The market for omega ingredients, by source, is divided into fish, algae, and plant. Based on type, the market is segmented into omega-3, and omega-6 and omega-9. On the basis of application, the market is classified into food and beverage, dietary supplements, pharmaceutical, and animal nutrition. The major regional markets for omega ingredients are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include BASF SE, Unilever Plc, Koninklijke DSM NV, Polaris SA, Corbion NV, Cargill Incorporated, AlgaeCytes Limited, and Cellana Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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