Turbulence to Traction: Global Omega-3 Market Eyes Steady Growth Through 2030

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Industry Experts, Inc., has released its latest report on the Omega-3 Polyunsaturated Fatty Acids (PUFAs) Market. According to this new report, global value demand for Omega-3 PUFAs is projected to rise at a CAGR of 2.4% between 2024 and 2030 reaching US$2.54 billion by 2030 from an estimated US$2.2 billion in 2024. In volume terms, consumption of Omega-3 ingredients worldwide is forecast to reach close to 200 thousand metric tons by 2030.

Omega-3 Polyunsaturated Fatty Acids (PUFAs) are widely recognized for their considerable health benefits. They play a crucial role in promoting cardiovascular health and are also associated with protective effects against a variety of health conditions, including cancer, birth defects, diabetes, arthritis, cognitive decline, depression, and several others. These essential fatty acids are not produced by the body in sufficient quantities and must be obtained through diet or supplements. Historically, fish oils have been the primary source for extracting Omega-3 fatty acids, particularly the long-chain varieties like EPA (eicosapentaenoic acid) and DHA (docosahexaenoic acid).

The Asia-Pacific region leads the global Omega-3 volume consumption with a share of 41.7% in 2024 and is further projected to record the world fastest CAGR of 5.5% during 2024-2030 to reach 91 thousand metric tons by 2030. In terms of value, North America and Asia-Pacific led the global market with shares of 33.5% and 33.2% respectively in 2024. However, demand for Omega-3 PUFAs in North America is projected to sustain the slowest CAGR of 2.2% during the similar period.

The report studies the Omega-3 Polyunsaturated Fatty Acids (PUFAs) market across all major regions including North America (United States, Canada and Mexico), Europe (Germany, France, Italy, Spain, Norway, Denmark, The United Kingdom and Rest of Europe), Asia-Pacific (Australia/New Zealand, China, Japan, South Korea, India and Rest of Asia-Pacific), South America (Argentina, Brazil and Rest of South America) and Rest of World.

The market for major product types (based on raw material source) of Omega-3 PUFAs analyzed in this report include Marine Oil Sourced Omega-3 PUFAs (EPA and DHA containing Fish Oils, Krill Oils and Squid Oils) and Algal Oil Sourced Omega-3 PUFAs. The study also examines the market for Omega-3 PUFAs applications comprising Dietary Supplements, Food and Beverage Fortification, Pet Nutrition, Infant Nutrition, Pharmaceuticals and Clinical Nutrition.

About Industry Experts, Inc
Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts.com/

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