The new report by Expert Market Research titled, ‘Global Omega 3 Supplements Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global omega 3 supplements market, assessing the market based on its segments like source, form, functionality, end user, distribution channel, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/omega-3-supplements-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 5.6 Billion
- Forecast CAGR (2021-2026): 5%
- Forecast Market Size (2026): USD 9.20 Billion
Consumers are increasingly shifting to healthier alternatives while adopting preventive care as a necessary tool to help them lead a better lifestyle. Thus, omega 3 supplements are being increasingly consumed as they are a rich source of vitamins, proteins, minerals and render benefits to diseases, such as cancer, asthma, depression, and others. A sedentary lifestyle has resulted in a rising number of chronic diseases, which is expected to propel the product demand. Customers’ attention has moved from reaction to prevention as a result of the COVID-19 pandemic. Consumers are increasingly prioritising immune health, heart health, and overall wellbeing. This, in turn, increased the demand for supplements for mitigating the risk of heart failure, thus positively impacting the product sales. The rising consumer inclination towards plant-based alternatives is expected to drive the demand for algae oil-based supplements.
Industry Definition and Major Segments
A dietary supplement containing omega 3 fatty acids is known as an omega 3 supplement. The supplement has a lot of health benefits and is available in a variety of forms, including tablets, capsules, and pills.
Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/omega-3-supplements-market
Based on source, the market is divided into:
- Fish Oil
- Krill Oil
- Algae Oil
- Others
The various forms of omega 3 supplements include:
- Tablets
- Capsules
- Soft Gels
- Others
On the basis of functionality, the market is segmented into:
- Cardiovascular Health
- Brain, Nervous System, and Mental Health
- Eye Diseases
- Diabetes
- Others
The significant end users of omega 3 supplements are:
- Adults
- Geriatric
- Pregnant Women
- Children
- Infants
The major distribution channels of the product include:
- OTC
- Prescribed
On the basis of region, the industry is divided into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
With the increased cases of age-related macular degeneration (AMD), which might worsen after the age of 60, the geriatric population is expected to account for a large share. Omega 3 supplements can successfully treat AMD, which is expected to drive demand for the product in the forecast future. The population explosion is expected to drive demand for fish oil, which includes concentrated omega-3 fatty acids, over the predicted period. The benefits of omega 3-based supplements are likely to affect purchasing behaviour if they are made known through multiple forms of media, including electronic and print. Also, the growing vegan population, coupled with rising consumer awareness regarding the product benefits, is expected to boost the market growth. Initiatives aimed at enacting favourable regulations, and infrastructure development in the healthcare sector by most governments across the world, are expected to have an impact on the growth and popularity of omega 3 supplements.
Key Market Players
The major players in the market are NutriGold Inc., Pharma Nord B.V., Luhua Biomarine (Shandong) Co., Ltd., Aker BioMarine ASA, KD Pharma Group SA, and Nordic Naturals, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:-
Global Sugar Alcohol Market: https://www.expertmarketresearch.com/reports/sugar-alcohol-market
Global Food Thickeners Market: https://www.expertmarketresearch.com/reports/food-thickeners-market
India Plant Based Protein Market: https://www.expertmarketresearch.com/reports/india-plant-based-protein-market
Global Potato Protein Market: https://www.expertmarketresearch.com/reports/potato-protein-market
Peru Flavours Market: https://www.expertmarketresearch.com/reports/peru-flavours-market
Global Light Beer Market: https://www.expertmarketresearch.com/reports/light-beer-market
Global Fruit Powder Market: https://www.expertmarketresearch.com/reports/fruit-powder-market
Global Functional Food Market: https://www.expertmarketresearch.com/reports/functional-food-market
Global Food Service Equipment Market: https://www.expertmarketresearch.com/reports/food-service-equipment-market
Global Rice Protein Market: https://www.expertmarketresearch.com/reports/rice-protein-market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Media Contact
Company Name: EMR Inc.
Contact Person:-Ian Bell, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com
Read more: https://expertmarketresearch-emr.blogspot.com/
**We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Explore more on Procurement Intelligence services of EMR Inc.
