The Omega-3 Fatty Acid Market Size was valued at USD 2.35 billion in 2022 and is expected to reach USD 4.16 billion by 2030, and grow at a CAGR of 7.4% over the forecast period 2023-2030.

The Omega-3 Fatty Acid Market has been experiencing significant growth in recent years, driven by the increasing awareness among consumers about the health benefits associated with these essential fatty acids. Omega-3 fatty acids are known for their role in promoting heart health, reducing inflammation, improving brain function, and supporting overall well-being.

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One of the key factors driving the growth of this market is the rising prevalence of chronic diseases such as cardiovascular disorders, diabetes, and obesity. As more people become conscious of their health and seek preventive measures to combat these conditions, the demand for omega-3 fatty acid supplements has witnessed a surge.

Moreover, changing dietary patterns and a shift towards healthier lifestyles have also contributed to the market's expansion. Consumers are now actively seeking out food products that are rich in omega-3 fatty acids, such as fish oil, flaxseed oil, chia seeds, and walnuts. This has led to an increased demand for omega-3 fortified food and beverages across various segments including dairy products

KEY MARKET SEGMENTS

By Source

·         Marine

·         Vegetable oils

·         Soya and Soya Products

·         Nuts and Seeds

By Type

·         ALA (alpha-linolenic acid)

·         EPA (eicosapentaenoic acid)

·         DHA (docosahexaenoic acid)

By Application

·         Dietary Supplement

·         Food & Beverage

·         Fish Feed

·         Pharmaceutical

·         Infant Formula

·         Pet Food

Major Players Listed in the Report are as Follows:

Orkla Health, BASF SE, Aker Biomarine Antarctic AS, EPAX, BioProcess Algae, LLC, Lonza, Croda International Plc, Omega Protein Corp., Koninklijke DSM N.V., GC Reiber Oils and Other Players

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