Fish Oil Omega-3 Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026

Report Code: FBR 26088 Report Format: PDF + Excel

Fish Oil Omega-3 Market Overview

Fish Oil Omega-3 Market size is estimated to reach $3,700 million by 2026, growing at a CAGR of 6.1% over 2021-2026. Omega-3 fatty acids are essential nutrients that are present in certain foods such as flaxseed and fish, as well as dietary supplements such as fish oil. It is also referred to as n-3s that contains carbon–carbon double bond located three carbons from the methyl end of the chain. There are several types of omega-3 fish oils 'such as alpha-linolenic acid (ALA), eicosapentaenoic acid (EPA), and docosahexaenoic acid (DHA) where EPA and DHA are considered as long chain omega-3s. The omega-3 fatty acids also present in Cod Liver Oil that come from the liver of cod fish which contain various health benefits. Various fish such as salmon and tuna are especially high in omega-3 fatty acids that contains docosahexaenoic Acid (DHA). Omega-3 acids such as EPA and DHA are found in fish oil supplements that help in reducing heart diseases. Growing awareness about the health among people and rising incidence of cardiovascular diseases is the major factor driving the growth of this market. Furthermore, increasing research and development activities in food and beverage industry and rising advancement in technology is set to further enhance the overall market demand for Fish Oil Omega-3 Market for the period 2021-2026. 

Report Coverage

The report: “Fish Oil Omega-3 Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Fish Oil Omega-3 Market.
By Type: Eicosapentaenoic acid (EPA), and Docosahexaenoic acid (DHA), and Alpha-linolenic acid (ALA).
By Form: Soft Gels, and Liquid.
By Source: Anchovy, Mackerel, Sardines, Cod, Herring, Menhaden, and Others.
By Application: Pharmaceuticals, Food, and Personal Care.
By Geography: North America (U.S., Canada, Mexico), Europe (U.K, Germany, Italy, France, Spain, Russia, Rest of Europe), Asia Pacific (China, Australia, Japan, South Korea, India, Rest of Asia Pacific), South America (Brazil, Argentina, Others) and Rest of the World (Middle East, Africa).

Key Takeaways

  • In 2020, North America dominated the Fish Oil Omega-3 Market owing to changing dietary pattern that increases the demand of fish oil supplements among consumers. Moreover, rising prevalence of heart diseases increases the consumption of fish oil omega-3 products which in turn driving the market growth.
  • Growing awareness about the health among people and rising incidence of cardiovascular diseases are enhancing the growth of the Fish Oil Omega-3 Market.
  • Detailed analysis of the Strength, Weakness, and Opportunities of the prominent manufacturers operating in the market will be provided in the Fish Oil Omega-3 Market report.
  • Stringent regulation on fish oil omega-3 products is set to create hurdles for the Fish Oil Omega-3 Market.

Fish Oil Omega-3 Market Size, By Form 2020-2026 (USD Million)

Fish Oil Omega-3 Market Size
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Fish Oil Omega-3 Segment Analysis – By Type

The Fish Oil Omega-3 Market based on Type can be further segmented into Eicosapentaenoic acid (EPA), and Docosahexaenoic acid (DHA), and Alpha-linolenic acid (ALA). The Docosahexaenoic acid (DHA) segment is the major segment generating revenue in 2020. This is mainly owing to its effective support in the development of eye and nerve tissues that increases consumption among consumers. Moreover, DHA is an important ingredient which is required among consumers of all ages as it helps to increase memory power and supports learning. The Eicosapentaenoic acid (EPA) segment is estimated to register the fastest CAGR of 1.05% for the period 2021-2026. This is mainly owing to the fact that EPA helps in preventing various diseases such as asthma, cancer, menstrual problems and many more that increases the adoption of EPA in food and beverage industry which in turn boosting the growth of Fish Oil Omega-3 market. 

Fish Oil Omega-3 Segment Analysis – By Form

The Fish Oil Omega-3 Market based on Form can be further segmented into Soft Gels, and Liquid. The Soft Gels segment registers for the highest Fish Oil Omega-3 market share in 2020. Soft gels are easy to swallow owing to its flexible shape and also provide smooth texture and taste masking capabilities. Moreover, softgels are easily digestible that helps in reducing discomfort in stomach which increases the consumption of softgels among consumers. The Liquid segment is forecasted to register the fastest CAGR of 2% over 2021-2026. This is mainly owing to the fact that fish oil supplements are mostly available in liquid form as it provides a better and easier solution for the digestive system that increases the adoption of fish oil in liquid form and are propelling the growth of Fish Oil Omega-3 market.                                     

Fish Oil Omega-3 Segment Analysis – By Geography

North America dominated the Fish Oil Omega-3 Market with major share of 45% in 2020. This is owing to changing dietary pattern that increases the demand of fish oil supplements among consumers. According to the Center for Disease Control and Prevention (CDC), about 30.3 million people in the U.S. are suffering from heart disease in 2019 that increases the consumption of fish oil omega-3 products among population and are boosting the growth of Fish Oil Omega-3 market. 

However, Asia Pacific is estimated to outpace all the regions by clocking the highest CAGR of 3.05% during the forecast period 2021-2026 owing to rising health consciousness among population and changing lifestyle. In India, lifestyle changes increases the prevalence of various diseases such as diabetes, blood pressure, obesity, and cardiovascular problems. So, people are adopting omega-3 supplements that are further enhancing the market growth.

Fish Oil Omega-3 Market Drivers

Growing Awareness about the Health

Growing health consciousness among people increases the consumption of omega-3 supplements as it helps to reduce various health issues such as heart problems, cancers, and many more that increases the consumption among. Moreover, American Heart Association (AHA) also recommended to eat fish oil twice a week to maintain optimum omega 3 levels in the diet that increases the preference of omega-3 fish oil supplement and therefore rising the growth of the Fish Oil Omega-3 Market over the period 2021-2026.   

Rising Incidence of Cardiovascular Diseases

The incidence of cardiovascular disease increases owing to changing lifestyle patterns among consumers. According to World Health Organization (WHO), about 17.9 million people die every year owing to cardiovascular diseases that increases the demand of omega supplement among consumers in order to reduce the health diseases which further boosting the growth of Fish Oil Omega-3 Market over the period 2021-2026. 

Covid-19 Impact:

 COVID-19 pandemic had greatly impacted the growth of Fish Oil Omega-3 Market. During pandemic, there is a lockdown that created a disruption in the manufacturing industries owing to less availability of human resources. Moreover, production capacity also decreases among manufacturers and are negatively impacted the growth of Fish Oil Omega-3 Market.   

Fish Oil Omega-3 Market Challenges 

Strict Government Regulations

The factors that is set to impede the growth of the Fish Oil Omega-3 Market are the strict regulation for the approval of omega-3 supplements. Moreover, owing to regulation there is delay in manufacturing of products that is set to create hurdles for the Fish Oil Omega-3 Market. 

Fish Oil Omega-3 Landscape 

Product launches, acquisitions, collaboration, joint ventures, and geographical expansions are key strategies adopted by players in the Fish Oil Omega-3 Market. Fish Oil Omega-3 top 10 companies are Aker BioMarine, Axellus, BASF SE, DSM, Omega Protein Corporation, GC Reiber Oils, Wiley, Lonza, Natrol LLC, and Bionova.

Development

  • In March 2020, Wiley launched its new formulations of a new omega-3 concentrate in powder form that helps consumers to get rid from various diseases which further rising the market growth. 

Relevant Reports:

Report Code: FBR 0465

Report Code: FBR 60755

For more Food and Beverage Market related reports, please click here

1. Fish Oil Omega-3 Market Overview
    1.1 Definitions and Scope
2. Fish Oil Omega-3 Market Executive Summary
    2.1 Market Size and Key Trends
    2.2 Key trends by Type
    2.3 Key trends by Form
    2.4 Key trends by Source
    2.5 Key trends by Application
    2.6 Key trends by Geography
3. Fish Oil Omega-3 Market Landscape
    3.1 Market Share Analysis- Key Companies
    3.2 Product Benchmarking- Key Companies
    3.3 Financial Analysis - Key Companies
    3.4 Patent Analysis
    3.5 Pricing Analysis
4. Fish Oil Omega-3 Market- Startup companies Scenario Premium Premium
    4.1 Key startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Application Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Fish Oil Omega-3 Market- Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of successful ventures
6. Fish Oil Omega-3 Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Customers
        6.3.3 Threat of New Entrants
        6.3.4 Rivalry Among Existing Players
        6.3.5 Threat of Substitutes
7. Fish Oil Omega-3 Market Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Fish Oil Omega-3 Market – By Type (Market Size -$Million/$Billion)
    8.1 Eicosapentaenoic Acid (EPA)
    8.2 Docosahexaenoic Acid (DHA)
    8.3 Alpha-linolenic Acid (ALA)
9. Fish Oil Omega-3 Market – By Form (Market Size -$Million/$Billion)
    9.1 Soft Gels
    9.2 Liquid
10. Fish Oil Omega-3 Market – By Source (Market Size -$Million/$Billion)
    10.1 Anchovy
    10.2 Mackerel
    10.3 Sardines
    10.4 Cod
    10.5 Herring
    10.6 Menhaden
    10.7 Others
11. Fish Oil Omega-3 Market– By Application (Market Size -$Million/$Billion)
    11.1 Pharmaceuticals
    11.2 Food
    11.3 Personal Care
12. Fish Oil Omega-3 Market- By Geography (Market Size -$Million/$Billion)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 U.K.
        12.2.2 Germany
        12.2.3 Italy
        12.2.4 France
        12.2.5 Spain
        12.2.6 Russia
        12.2.7 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 Australia
        12.3.3 Japan
        12.3.4South Korea
        12.3.5 India
        12.3.6 Rest of Asia-Pacific
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Others
    12.5 Rest of the World
        12.5.1 Middle East
        12.5.2 Africa
13. Fish Oil Omega-3 Market Entropy
14. Fish Oil Omega-3 Market- Industry / Segment Competition landscape Premium Premium
    14.1 Market Share Analysis
        14.1.1 Market Share by Country- Key companies
        14.1.2 Market Share by Region- Key companies
        14.1.3 Market Share at Global Level- Key companies
        14.1.4 Best Practices for Companies
15. Fish Oil Omega-3 Market- Key Company List by Country Premium Premium
16. Fish Oil Omega-3 Market Company Analysis
    16.1 Company Revenue, Products, M&A, Developments
    16.2 Company 1
    16.3 Company 2
    16.4 Company 3
    16.5 Company 4
    16.6 Company 5
    16.7 Company 6
    16.8 Company 7
    16.9 Company 8
    16.10 Company 9
    16.11 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global MARKET SEGMENTATION Market 2019-2024 ($M)
1.1 By Species Market 2019-2024 ($M) - Global Industry Research
1.1.1 Anchovy Market 2019-2024 ($M)
1.1.2 Cod Liver Market 2019-2024 ($M)
1.1.3 Menhaden Market 2019-2024 ($M)
1.1.4 Tuna Market 2019-2024 ($M)
1.1.5 Sardine Market 2019-2024 ($M)
1.1.6 Salmon Market 2019-2024 ($M)
2.Global COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
2.1 Most Active Companies Market 2019-2024 ($M) - Global Industry Research
3.Global MARKET SEGMENTATION Market 2019-2024 (Volume/Units)
3.1 By Species Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Anchovy Market 2019-2024 (Volume/Units)
3.1.2 Cod Liver Market 2019-2024 (Volume/Units)
3.1.3 Menhaden Market 2019-2024 (Volume/Units)
3.1.4 Tuna Market 2019-2024 (Volume/Units)
3.1.5 Sardine Market 2019-2024 (Volume/Units)
3.1.6 Salmon Market 2019-2024 (Volume/Units)
4.Global COMPETITIVE LANDSCAPE Market 2019-2024 (Volume/Units)
4.1 Most Active Companies Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America MARKET SEGMENTATION Market 2019-2024 ($M)
5.1 By Species Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Anchovy Market 2019-2024 ($M)
5.1.2 Cod Liver Market 2019-2024 ($M)
5.1.3 Menhaden Market 2019-2024 ($M)
5.1.4 Tuna Market 2019-2024 ($M)
5.1.5 Sardine Market 2019-2024 ($M)
5.1.6 Salmon Market 2019-2024 ($M)
6.North America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
6.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
7.South America MARKET SEGMENTATION Market 2019-2024 ($M)
7.1 By Species Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Anchovy Market 2019-2024 ($M)
7.1.2 Cod Liver Market 2019-2024 ($M)
7.1.3 Menhaden Market 2019-2024 ($M)
7.1.4 Tuna Market 2019-2024 ($M)
7.1.5 Sardine Market 2019-2024 ($M)
7.1.6 Salmon Market 2019-2024 ($M)
8.South America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
8.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
9.Europe MARKET SEGMENTATION Market 2019-2024 ($M)
9.1 By Species Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Anchovy Market 2019-2024 ($M)
9.1.2 Cod Liver Market 2019-2024 ($M)
9.1.3 Menhaden Market 2019-2024 ($M)
9.1.4 Tuna Market 2019-2024 ($M)
9.1.5 Sardine Market 2019-2024 ($M)
9.1.6 Salmon Market 2019-2024 ($M)
10.Europe COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
10.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
11.APAC MARKET SEGMENTATION Market 2019-2024 ($M)
11.1 By Species Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Anchovy Market 2019-2024 ($M)
11.1.2 Cod Liver Market 2019-2024 ($M)
11.1.3 Menhaden Market 2019-2024 ($M)
11.1.4 Tuna Market 2019-2024 ($M)
11.1.5 Sardine Market 2019-2024 ($M)
11.1.6 Salmon Market 2019-2024 ($M)
12.APAC COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
12.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
13.MENA MARKET SEGMENTATION Market 2019-2024 ($M)
13.1 By Species Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Anchovy Market 2019-2024 ($M)
13.1.2 Cod Liver Market 2019-2024 ($M)
13.1.3 Menhaden Market 2019-2024 ($M)
13.1.4 Tuna Market 2019-2024 ($M)
13.1.5 Sardine Market 2019-2024 ($M)
13.1.6 Salmon Market 2019-2024 ($M)
14.MENA COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
14.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
2.Canada Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
3.Mexico Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
4.Brazil Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
5.Argentina Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
6.Peru Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
7.Colombia Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
8.Chile Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
9.Rest of South America Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
10.UK Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
11.Germany Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
12.France Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
13.Italy Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
14.Spain Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
15.Rest of Europe Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
16.China Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
17.India Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
18.Japan Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
19.South Korea Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
20.South Africa Fish Oil Omega-3 Market Revenue, 2019-2024 ($M)
21.North America Fish Oil Omega-3 By Application
22.South America Fish Oil Omega-3 By Application
23.Europe Fish Oil Omega-3 By Application
24.APAC Fish Oil Omega-3 By Application
25.MENA Fish Oil Omega-3 By Application