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Omega-3 is a group of polyunsaturated fatty acids that are very beneficial to human health. It does not directly kill the virus but fights the virus by enhancing the body's immune function and suppressing excessive inflammation. Although omega-3 fatty acids are essential nutrients for humans, the human body cannot synthesize itself and must be obtained from foods rich in omega-3.The research on the impact of omega-3 on human health has become more and more popular in the world in recent years. Most of the research involves the prevention and rehabilitation of common chronic diseases such as cardiovascular diseases, cancer, and degenerative diseases of the elderly. The increasing rate of chronic diseases, the increasing aging of the population, and the pressure brought about by the accelerated pace of life have driven the demand for omega-3 based drugs. However, strict regulatory barriers and high costs may hinder market growth, and the cost of fish and other marine oils used to derive omega-3 is highly unstable. This factor poses a challenge to the growth of the omega-3 market. Increases in labor, energy, and electricity costs and restrictions on high seas fishing are further slowing the industry's growth.
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The Major Players Profiled in This Report Include:
BASF
DSM
Croda Health Care
Omega Protein
Orkla Health
Epax
GC Rieber Oils
LYSI
Polaris
Golden Omega
Aker BioMarine
OLVEA Fish Oils
Solutex
BioProcess Algae
AUQI
In September 2019, Epax announced that it will invest US$35 million in innovation in the omega-3 area within the next two years. This investment will enable Epax’s main production base in Norway to have a higher production capacity in the omega-3 area, which will help to extend the concentration of EPA and DHA without causing oxidation, thereby ultimately avoiding the production of harmful by-products.
The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into:
Marine Omega-3
Algae Omega-3
On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:
Dietary Supplements
Fortified Food and Beverage
Infant Formula
Pharmaceuticals
Pet Foods
Due to the various health benefits of omega-3, increasing research and development programs, and increasing healthcare costs, the field of dietary supplements and functional foods dominates the industry in 2019. The use of dietary supplements is increasing to maintain the health and nutrition of adults, and it is expected to increase the consumption of omega-3 in dietary supplement products.
Omega-3 has anti-inflammatory properties and can be used to treat depression, cancer, Alzheimer's disease, osteoporosis, and cardiovascular diseases. In the next few years, the wide application of omega-3 in the pharmaceutical industry may promote the development of pharmaceutical applications.
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Owing to the increasing utilization of the product in the pharmaceutical industry and increasing research and development activities, North America is currently the largest market. In addition, the increasing consumption of improved medicines and a series of demands for solving health problems arising from the aging population are expected to drive the demand for Omega 3-based medicines in the region.
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Omega-3 Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Omega-3 Market by Types
Chapter 4 Segmentation of Omega-3 Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Omega-3 Market in Major Countries
Chapter 7 North America Omega-3 Landscape Analysis
Chapter 8 Europe Omega-3 Landscape Analysis
Chapter 9 Asia Pacific Omega-3 Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Omega-3 Landscape Analysis
Chapter 11 Major Players Profile
11.1 BASF
11.1.1 BASF Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 DSM
11.2.1 DSM Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3 Croda Health Care
11.3.1 Croda Health Care Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
…
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures
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Omega-3 Report Provide:
Potential opportunities and challenges analysis in the Omega-3 market.
Current and future market outlook in the developed and emerging regional markets.
Detailed analysis of the segment that is expected to dominate the market.
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
Comprehensive & in-depth research and after-sales warranty by Global Market Monitor.
Analysis of Influences of COVID-19 to the present and future Omega-3 market and related industry.
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