Omega 3 Ingredients Market To Achieve USD 11.2 Billion by 2033

Updated · Dec 30, 2024

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Table of Contents

Introduction
Key Takeaways
Omega 3 Ingredients Statistics
Emerging Trends
Use Cases
Major Challenges
Market Growth Opportunities
Key Players Analysis
Conclusion

Introduction

The Omega 3 Ingredients Market is experiencing significant expansion, projected to grow from USD 3.7 billion in 2023 to approximately USD 11.2 billion by 2033, reflecting a robust compound annual growth rate (CAGR) of 11.7%.

This impressive growth is fueled by increasing demand from consumers for omega-3 supplements, which are widely recognized for their health benefits, including heart health, mental well-being, and overall wellness. Market popularity is further supported by heightened awareness about healthy living and preventative healthcare, which is prompting more people to incorporate these essential nutrients into their diets.

Additionally, the market is poised to explore new opportunities through the development of innovative omega-3 products that cater to specific health needs and lifestyle choices. As the market continues to evolve, opportunities for expansion into new regions and consumer segments are likely to emerge, further driving the growth and reach of omega-3 ingredients across the globe.

Furthermore, the global shift towards sustainable and ethically sourced ingredients is propelling the demand for plant-based and marine-sourced omega-3s, aligning with the consumer preference for environmentally friendly products. This ongoing market evolution highlights the significant potential for stakeholders to invest in the burgeoning demand for omega-3-enriched products.

The expansion of the omega-3 ingredients market is also supported by ongoing research that continues to uncover new health benefits, potentially opening new therapeutic applications and consumer markets. These factors collectively contribute to the vibrant growth trajectory anticipated for the omega-3 ingredients market, making it a promising area for continued investment and development.

Key Takeaways

Omega 3 Ingredients Market size is expected to be worth around USD 11.2 Bn by 2033, from USD 3.7 Bn in 2023, growing at a CAGR of 11.7%.
Docosahexaenoic Acid (DHA) held a dominant market position, capturing more than a 42.2% share.
Animals held a dominant market position, capturing more than a 62.2% share.
Dietary Supplements held a dominant market position, capturing more than a 32.2% share.
North America holds the largest share of the omega-3 ingredients market, accounting for 40.1% with a market value of USD 1.5 billion.

Omega 3 Ingredients Statistics

Omega-3 Intake and Health Benefits

The National Institutes of Health suggests you eat about 1-1.5 grams of omega-3 fatty acids every day as part of a healthy diet.
The same review concluded that high-dose daily supplementation with 4 g of purified EPA in people with elevated triglycerides levels led to a 25% reduction in cardiovascular events.
In a meta-analysis of over one million people, a particularly high intake of omega-3 fats — 5–15 g per day — did not significantly reduce lung cancer risk, and in some cases, increasedTrusted Source the risk of developing lung cancer.
While it is difficult to give exact figures due to varying study results, the optimum amount of protein for muscle-building appears to be between 1.2 and 1.6 g per kg of body weight.
The Nutrient Reference Values for Australia and New Zealand have set an adequate intake (AI) for ALA at 1.3g/day and 0.8g/day for men and women (19+ years), respectively.
Intakes of ALA between 1g/day and 2.5g/day were found to be best for the prevention of heart disease mortality.

Omega-3 and Cardiovascular Disease Prevention

omega-3 supplements could benefit African Americans. Black participants receiving the supplement saw a 77% reduction in heart attacks compared with those taking the placebo.
Today, the ratio for Americans is 1:10 or 1:20 omega-3s to omega-6s, an imbalance associated with many diseases. Omega-3 is an anti-inflammatory and omega-6 is pro-inflammatory.
who ate fish less than once a week (20 percent), and their visuospatial scores were 11 percent higher.
About 90% of our dietary fats come in the form of triglycerides, which are made up of fatty acids and glycerol.
Omega-3 across Europe ranged from approximately 0.7 to 1.3 percent of total energy. For EPA and DHA the mean intake was found to be between 20 mg to 40 mg per day, and less than 100mg to 130 mg per day, respectively.
The availability of omega 3-containing supplements over the counter is vast. Unfortunately, the strength of these supplements varies from 100-1000mg/d in the recommended doses.

Emerging Trends

Plant-Based Omega-3 Sources: There’s a significant shift towards plant-based sources of omega-3, such as flax, chia, and algae, driven by consumer preferences for sustainability and vegetarian diets. This trend is supported by innovations like the Nutriterra Plant-Based Total Omega-3, which offers a fish-free way to consume omega-3, aligning with the rising consumer interest in the environmental and ethical impacts of their dietary choices.
High Concentration Omega-3 Products: The market is seeing growth in highly concentrated forms of omega-3, which are becoming popular for their enhanced health benefits. These high-dose products cater to consumers looking for premium options that offer more significant health impacts with fewer intakes.
Increasing Demand in Infant Nutrition: In the Asia-Pacific region, there’s a booming demand for omega-3 ingredients in baby nutrition, driven by the recognition of their benefits for the development of the nervous system and brain in infants. This trend is especially strong in countries with high birth rates like China and India.
Expansion in Pharmaceutical Applications: Omega-3 ingredients are increasingly being utilized in pharmaceuticals, particularly for their benefits in managing skin and scalp health. This segment is expected to see significant growth, driven by the aging population and rising prevalence of lifestyle-related health issues.
Focus on Cognitive and General Wellness: There’s a growing consumer focus on maintaining cognitive health and overall wellness through diet, with omega-3 being recognized for its benefits in mental health and chronic inflammation management. This trend is particularly prevalent among younger consumers who are proactive about their health

Use Cases

Dietary Supplements: Omega-3 ingredients are predominantly used in dietary supplements aimed at improving cardiovascular health, cognitive functions, and joint mobility. The trend toward personalized nutrition is increasing the variety of omega-3 supplements available, including soft gels, capsules, and liquids.
Infant Nutrition: Omega-3 ingredients, particularly DHA, are crucial in infant formulas as they contribute to the development of the nervous system and brain in infants. This application is driven by strong demand in regions with high birth rates like Asia-Pacific.
Pharmaceuticals: Omega-3 fatty acids are incorporated into pharmaceutical products to address conditions related to heart health, inflammation, and skin conditions. These applications leverage omega-3’s benefits in managing and preventing chronic diseases.
Functional Foods and Beverages: With a growing focus on health and wellness, omega-3 ingredients are increasingly being added to functional foods and beverages to enhance their nutritional profile and provide health benefits like improved heart health and cognitive functions.
Pet Nutrition: Omega-3 fatty acids are also used in pet and animal feed to improve coat health and joint mobility, reflecting a broader trend of transferring human nutritional practices to pet care.

Major Challenges

Supply Chain Issues: The industry faces significant supply challenges, particularly due to sourcing constraints from major suppliers like the Peruvian anchovy fishery. These challenges are expected to persist, affecting the availability of omega-3 ingredients.
Environmental Concerns: Pollution and environmental degradation impact the purity of marine sources of omega-3. Heavy metals and other pollutants accumulate in fish tissues pose health risks and deter market growth. This necessitates rigorous quality control and purification processes to ensure safety and efficacy.
Regulatory Complexities: The omega-3 market is subject to stringent regulatory standards that govern fishing quotas and product quality. Navigating these regulations, especially in key regions like Peru, is a significant hurdle for industry players.
Market Saturation and Competition: The market faces high competition from plant-based alternatives and other nutraceutical ingredients. Companies must innovate and differentiate their offerings to maintain a competitive edge.
Consumer Perceptions and Taste Preferences: Maintaining consumer trust is crucial, especially as preferences shift towards plant-based and sustainably sourced products. Addressing taste and sensory performance of omega-3 products is also challenging, requiring technological innovations like the VivoSens technology for objective sensory evaluation.

Market Growth Opportunities

Health Awareness: Increasing consumer awareness about the health benefits of omega-3 fatty acids is driving demand. This trend is boosting sales in sectors like dietary supplements and functional foods.
Diverse Applications: Omega-3 ingredients are finding applications across various industries, including pharmaceuticals, animal nutrition, and personal care. This broad usage base offers significant expansion opportunities for producers.
Sustainability Initiatives: With concerns about overfishing and marine ecosystem impacts, there is a growing market for sustainably sourced omega-3s. Innovations in algae-based and other plant-derived omega-3s are meeting consumer demand for sustainable options.
Global Expansion: There’s potential for market expansion in underdeveloped regions that are just beginning to recognize omega-3 benefits. This includes markets in Asia and Africa, where public health initiatives could boost omega-3 consumption.
Technological Advancements: Advances in extraction and processing technology are improving the yield and purity of omega-3 ingredients, making them more attractive for high-end applications in nutraceuticals and biomedicine.

Key Players Analysis

Aker BioMarine is a key player in the omega-3 ingredients sector, leveraging its proprietary PL+ Technology to enhance the bioavailability of omega-3 from krill oil, which is sustainably sourced from Antarctic waters. The company has recently focused on expanding its product range to include algal-derived omega-3 oils, aiming to meet the growing demand for plant-based and sustainable alternatives.
Archer Daniels Midland Company (ADM) manufactures a variety of omega-3 products derived from both marine and plant sources. The company is committed to innovation in the omega-3 space, particularly in developing new applications and improving the sustainability of its supply chains.
BASF, a global leader in chemical production, offers high-concentration omega-3 fatty acids for pharmaceutical and dietary supplement applications. The company focuses on scientific advancements to deliver high-quality ingredients that support cardiovascular and cognitive health.
Cargill Incorporated provides a broad range of omega-3 products, including fish and algal oils. The company emphasizes sustainable sourcing and traceability in its supply chains, aiming to meet the growing consumer demand for environmentally responsible products.
Copeinca ASA specializes in fish-based omega-3 oils, targeting the dietary supplement and functional food markets. The company focuses on sustainably managing its fishing practices to ensure long-term resource availability.
Corbion N.V. offers algal omega-3 oils, which serve as a sustainable alternative to traditional fish oils. The company’s products are aimed at supporting cardiovascular health and overall wellness.
Croda International PLC produces high-purity omega-3 concentrates for pharmaceutical applications. Their focus on quality and innovation has made them a preferred supplier for companies seeking ingredients that meet strict regulatory standards.
Denomega Nutritional Oils is known for its pure and natural fish oils. The company is committed to sustainability and traceability, ensuring that its products are environmentally friendly and health-promoting.
Epax is dedicated to providing highly concentrated omega-3 fatty acids, with a focus on purity and environmental responsibility. Their products are tailored for various health benefits, including heart, brain, and joint health.
GC Rieber Oils AS emphasizes the traceability and purity of its fish oil products, catering to the health supplement market. The company is committed to sustainable fishing practices and ensuring high-quality standards.
KD Pharma is a leading provider of highly purified omega-3 fatty acids, utilizing advanced processing technologies to enhance the effectiveness of its products for various therapeutic applications.
Koninklijke DSM N.V. offers a range of omega-3 solutions derived from both fish and algae, focusing on high purity and sustainability. DSM’s products are designed to support global health outcomes by addressing nutrient deficiencies in various populations.
Luhua Biomarine (Shandong) Co. Ltd is engaged in the production of marine-derived omega-3 fatty acids, focusing on sustainable practices and high-quality products for the global market.
Marine Ingredients, LLC, specializes in the production and distribution of marine oils, including omega-3 fatty acids, catering to the nutritional supplement market with an emphasis on sustainability and quality.
Nordic Naturals is renowned for its high-quality fish oils, which are sourced sustainably to promote cardiovascular and cognitive health among various consumer demographics.
NU-MEGA Ingredients Pty Ltd. focuses on delivering microencapsulated omega-3 powders for infant formula and other nutritional products, ensuring high stability and efficacy.
Omega Protein Corporation produces omega-3 fish oil and specialty protein products for human and animal nutrition, prioritizing sustainable fishing practices and resource management.
Orkla Health markets a range of omega-3 supplements derived from fish oils that are tailored to support general wellness and health maintenance.
Pelagia AS is a leading producer of pelagic fish products, including omega-3 fatty acids, with a strong commitment to sustainability and environmental stewardship.
Polaris SA specializes in the development and production of highly purified omega-3 oils, targeting the dietary supplements and pharmaceutical sectors with their innovative technologies.
Runke Bioengineering focuses on the production of algal DHA, providing a plant-based source of omega-3 for supplements and functional foods, aiming to meet the needs of a growing vegetarian and vegan market.

Conclusion

The Omega-3 Ingredients Market is poised for sustained growth, driven by increasing consumer awareness of health benefits, technological advancements in extraction and formulation, and rising demand for sustainable and plant-based alternatives. Companies across the spectrum, from global conglomerates to specialized biotech firms, are innovating to meet the diverse needs of health-conscious consumers and regulatory requirements. As market dynamics evolve, stakeholders are strategically positioned to capitalize on emerging opportunities, particularly in developing regions and within the pharmaceutical sector, where the demand for high-purity, clinically validated omega-3 products continues to expand. This vibrant sector promises not only business growth but also significant contributions to global health and wellness.