Global Omega product market is anticipated to grow by 2028 at a CAGR of 7.9%. The factor which can be seen as a driving pull to the growing demand for omega products is growing awareness of consumers towards more healthy clean foods. Consumers are nowadays getting more attracted towards organic and pure consumables. Consumer awareness among people for building more immunity after the covid-19 pandemic is also seen as a major driver for this market. With changing times, gut problems are also arising in major populations, and omega products are seen to benefit in medical conditions related to the stomach such as Inflammatory bowel syndrome. Another driver for this market is the use of omega in animal and fish foods. The use of omega in such food helps them to enrich eggs, milk, and dairy products acquired from poultry animals. For instance, in Nov 2021, a new clinical study and research have found that omega 3 along with vitamin D reduces the risk of autoimmune disease in adults. Prolonged analysis on medical conditions of adults from different age groups was done and the conclusion was made that omega benefits the human body.
Impact of COVID-19 on Global Omega product Market
Covid-19 pandemic has affected every sector of the world in some way. However, there has been a rise in demand for natural, immunity booster food and beverages. COVID-19 has affected people who were weak with their immunity, and this poses a high demand for omega-rich products. The omega products help in increasing immunity and anti-oxidants are resistant to seasonal diseases. Moreover, as per the study published online in journal BMJ Nutrition Prevention & Health, multivitamins, omega-3, probiotics or vitamin D supplements were helpful in lessen the risk of testing positive for SARS-CoV-2. This lead to the high adoption of Omega products at the time of pandemic which in turn helped the market to grow more.
Segmental Outlook
The global omega products market is segmented based on type, source, and application. Based on type, the market is segmented into Docosahexaenoic Acid, Eicosapentaenoic Acid, and Alpha-Linolenic Acid. Based on the source, the market is sub-segmented into the marine, plant oils, and nuts & seeds.. Based on application the market is sub-segmented into dietary supplements, functional food & beverages, pharmaceuticals, and others. Among the above-mentioned segments, the Docosahexaenoic Acid segment is going to see considerable growth as they are highly effective in high cholesterol levels and blood pressure. People from all regions of the world are facing these two issues which will prove to be a driver for the omega products market.
Global Omega Products Market Share by Application, 2020 (%)
Functional food & Beverages segment is anticipated to Hold a Prominent Share in the Global Omega Products Market
The functional food & Bevarages segment is anticipated to hold a prominent market share in the global omega products market as they are consumed at a considerable rate by pregnant women during pregnancy period. During the period of pregnancy, the human body needs healthy food and diet options that would help them regain nutritional elements. After pregnancy, lactating mothers need health supplements that are provided by omega products. Moreover, research has stated that persistent use of omega can cut the risk of covid 19. For instance, in April 2021, according to research published in BMJ nutritional prevention, people who were punctual with diet and consumed omega products were found immune to covid-19 as compared to those who were not having omega in their regular diet.
Regional Outlooks
The global omega products market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). If we consider the geographic part, Asia-Pacific is projected to dominate the market during the forecast period. The shift in consumer preference toward a healthy diet, comprising of omega-3 ingredients and the use of fish oil is expected to boost the market growth.
Global Omega Products Market Growth, by Region 2022-2028
North America is estimated to Hold the Major Share in the Global Omega products Market
As per Geographic segmentation, it is anticipated that the major share of the market will be taken by North America and this region will lead in the future. A major reason for this surge is key market players are operating in this region and their continuous research & development activities are bringing up diversified omega products with better health benefits. Key players are providing many options to their consumers. For instance, in Jan 2021, a study was done by Queen mary university of London, University of Bristol, and university of south Hampton have found out in their research that persistent use of omega products in diet can prevent the risk of developing Asthma.
Market Players Outlook
The major companies serving the global omega products market include Nestle SA, Unilever, Amway, Sanofi SA, Herbalife Ltd., and others. The market players are working in a consistent way to provide their consumers with the benefits of omega products in different saturation and form. For instance, in Jan 2022, the nutraceuticals market at a global level is anticipated to reach USD 991 billion by the year 2030. Nutraceuticals mainly comprise health nutrients such as omega 3, calcium, zinc, and antioxidants.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on The Global Omega products Market
• Recovery Scenario of Global Omega products Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Nestle SA
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Unilever PLC
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Amway Corp
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Sanofi SA
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Herbalife limited
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Omega Products Market by Type
4.1.1. Docosahexaenoic Acid
4.1.2. Eicosapentaenoic Acid
4.1.3. Alpha-Linolenic Acid
4.2. Global Omega Products Market by Source
4.2.1. Marine
4.2.2. Plant Oils
4.2.3. Nuts & Seeds
4.3. Global Omega products Market By Application
4.3.1. Dietary Supplements
4.3.2. Functional Food & Beverages
4.3.3. Pharmaceuticals
4.3.4. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. ADM
6.2. Algaecytes Ltd.
6.3. Algysis
6.4. BASF SE
6.5. Blackmores limited
6.6. Cargill, Inc.
6.7. Cooke,Inc.
6.8. Croda International PLC
6.9. DSM Corp.
6.10. FMC Corp.
6.11. Nature’s Way
6.12. Nordic Naturals
6.13. Quadra chemicals, Inc.
6.14. Qualitas Health
6.15. Reckitt Benckiser Group PLC
1. GLOBAL OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL DOCOSAHEXAENOIC ACID OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL EICOSAPENTAENOIC ACID OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL ALPHA-LINOLENIC ACID OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
6. GLOBAL OMEGA PRODUCTS FROM MARINE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL OMEGA PRODUCTS FROM PLANT OILS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL OMEGA PRODUCTS FROM NUTS & SEEDS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
10. GLOBAL OMEGA PRODUCTS FOR DIETARY SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL OMEGA PRODUCTS FOR FUNCTIONAL FOOD AND BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL OMEGA PRODUCTS FOR PHARMACEUTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL OMEGA PRODUCTS FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
15. NORTH AMERICAN OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
16. NORTH AMERICAN OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
17. NORTH AMERICAN OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
18. NORTH AMERICAN OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
19. EUROPEAN OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. EUROPEAN OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
21. EUROPEAN OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
22. EUROPEAN OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS TYPE, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
27. REST OF THE WORLD OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
28. REST OF THE WORLD OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
29. REST OF THE WORLD OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD OMEGA PRODUCTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL OMEGA PRODUCTS MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL OMEGA PRODUCTS MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL OMEGA PRODUCTS MARKET, 2021-2027 (%)
4. GLOBAL OMEGA PRODUCTS MARKET SHARE BY TYPE, 2022 VS 2028 (%)
5. GLOBAL DOCOSAHEXAENOIC ACID OMEGA PRODUCTS MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
6. GLOBAL EICOSAPENTAENOIC ACID OMEGA PRODUCTS MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
7. GLOBAL ALPHA-LINOLENIC ACID OMEGA PRODUCTS MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
8. GLOBAL OMEGA PRODUCTS MARKET SHARE BY SOURCE, 2022 VS 2028 (%)
9. GLOBAL OMEGA PRODUCT FROM MARINE MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
10. GLOBAL OMEGA PRODUCT FROM PLANT OILS MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
11. GLOBAL OMEGA PRODUCT FROM NUTS & SEEDS MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
12. GLOBAL OMEGA PRODUCTS MARKET SHARE BY APPLICATION, 2022 VS 2028 (%)
13. GLOBAL OMEGA PRODUCTS FOR DIETARY SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
14. GLOBAL OMEGA PRODUCTS FOR FUNCTIONAL FOOD AND BEVERAGES MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
15. GLOBAL OMEGA PRODUCTS FOR PHARMACEUTICALS MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
16. GLOBAL OMEGA PRODUCTS FOR OTHER APPLICATIONS MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
17. GLOBAL OMEGA PRODUCTS MARKET SHARE BY GEOGRAPHY, 2022 VS 2028 (%)
18. US OMEGA PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
19. CANADA OMEGA PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
20. UK OMEGA PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
21. FRANCE OMEGA PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
22. GERMANY OMEGA PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
23. ITALY OMEGA PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
24. SPAIN OMEGA PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF EUROPE OMEGA PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
26. INDIA OMEGA PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
27. CHINA OMEGA PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
28. JAPAN OMEGA PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
29. SOUTH KOREA OMEGA PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF ASIA-PACIFIC OMEGA PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
31. REST OF THE WORLD OMEGA PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)