Omega-3 fatty acids can be found in plants, nut oils, fish like tuna, salmon, and halibut, and other sea foods like krill and algae. Omega-3 fatty acids are important for human health and are called essential fatty acids. These fatty acids are needed for the brain to work and for people to grow and develop. Cancer, heart disease, and arthritis are less likely to happen if you eat foods with omega-3 fatty acids.
In recent years, there have been more deaths from heart disease around the world, which tends to make the omega 3 market grow. Western sub-Saharan Africa and South Asia have both seen a rise in cardiovascular disease. Omega 3 fatty acids are found naturally in supplements and foods like certain fish, nuts, and seeds. The demand for omega 3 fatty acids around the world is expected to rise. have been talked about for a long time because they are good for your health, especially your heart. But chronic diseases like heart disease, arthritis, stroke, and cancer are likely to get worse.
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Omega 3 Market Insights, Size, Share, & Trends Estimation Report By Type Outlook (Docosahexaenoic acid (DHA), Eicosapentaenoic acid (EPA), Alpha-linolenic acid (ALA))
1. Sample on Global Omega 3 Market - Global Industry Analysis, Size,
Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT
Analysis, Competition and Forecasts 2022 to 2030
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Global Omega 3 Market, 2023-2030
Research Methodology
Methodology/Research Approach
Our research methodology implements a mix of primary as well as secondary research. Our
projects are initiated with secondary research, where we refer to a variety of sources including
trade databases; government published documents, investor presentations, company annual
reports, white papers, and paid databases.
Research Programs/Design
Requirement
collection
Feasibility check of
client requirements
Draft of
deliverables
(iterative step)
Approval from
client
Projectinitiation
Secondary
research
Data collection Primary research
Data validation Data analysis
Cross verification
with panel of
experts
Projectdelivery to
the client
Post-delivery
support
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Market Size Estimation
Post the initial data mining stage, we gather our findings and analyse them, Wearable Patch/ Data
Recordering out relevant insights. These are evaluated across teams and by our in-house
Medical. Along with data mining, we also initiate the primary research phase in which we interact
with companies operating within the market space.
To evaluate the wholeness of the market, we interact (via email or telephone) with players who
are responsible in adding value to the final product. Additionally, we interact with related industries
to understand the external factors that can drive/hamper a market. We also make it a point to
evaluate various economic parameters, which typically, have an impact on the purchasing choices
of individuals as well as companies.
Post these stages, data are cross-verified with the companies that operate in a market space. It
is important for us to study these companies in detail, to understand their existing performance
and future strategies which will define the market in the coming years.
All this data is collected and evaluated by our analysts. Post the preparation of the report and
data analysis, the findings are presented to our in-house experts who then eliminate
discrepancies (if any).
The key players in the industry and markets have been identified through extensive
secondary research.
The industry’s supply chain and market size, in terms of value, have been determined
through primary and secondary research processes.
All percentage shares, splits, and breakdowns have been determined using secondary
sources and verified through primary sources.
Data Source
Secondary Sources
In the secondary research process, various secondary sources, such as D&B Hoovers,
Bloomberg Business Week, and Factiva, have been referred to, for identifying and collecting
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Global Omega 3 Market, 2023-2030
information for this study. Secondary sources included annual reports, press releases, and
investor presentations of companies; whitepapers, certified publications, and articles by
recognized authors; gold standard and silver standard websites; regulatory bodies; trade
directories; and databases.
List of secondary sources include but are not limited to:
Academic Journals
Census.gov
Bloomberg
Company Annual Report
Hoovers
Preliminary data mining
Raw market data is obtained and collated on a broad front. Data is continuously Wearable Patch/
Data Reordered to ensure that only validated and authenticated sources are considered. In
addition, data is also mined from a host of reports in our repository, as well as a number of reputed
paid databases. For comprehensive understanding of the market, it is essential to understand the
complete value chain and in order to facilitate this; we collect data from raw material suppliers,
distributors as well as buyers.
Technical issues and trends are obtained from surveys, technical symposia and trade journals.
Technical data is also gathered from intellectual property perspective, focusing on white space
and freedom of movement. Operation Industry Vertical dynamics with respect to drivers,
restraints, pricing trends is also gathered. As a result, the material developed contains a wide
range of original data that is then further cross-validated and authenticated with published
sources.
Primary Sources
This is the final step in estimating and forecasting for our reports. Exhaustive primary interviews
are conducted, on face to face as well as over the phone to validate our findings and assumptions
used to obtain them. Interviewees are approached from leading companies across the value chain
including suppliers, Component providers, domain experts and buyers so as to ensure a holistic
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and unbiased picture of the market. These interviews are conducted across the globe, with
language barriers overcome with the aid of local staff and interpreters. Primary interviews not only
help in data validation, but also provide critical insights into the market, current business scenario
and future expectations and enhance the quality of our reports. All our estimates and forecast are
verified through exhaustive primary research with Key Operation Industry Vertical Participants
(KIPs) which typically include:
Market leading companies
Raw material suppliers
Operating System distributors
Buyers
The key objectives of primary research are as follows:
To validate our data in terms of accuracy and acceptability
To gain an insight in to the current market and future expectations
Some of the KIPs are mentioned as below:
Medtronic
Olympus
Otsuka Holdings Co., Ltd.
Etcetera
Others
Statistical model
Our market estimates and forecasts are derived through simulation models. A unique model is
created customized for each study. Gathered information for market dynamics, Component
landscape, Sensor Type development and pricing trends is fed into the model and analyzed
simultaneously. These factors are studied on a comparative basis, and their impact over the
forecast period is quantified with the help of correlation, regression and time series analysis.
Market forecasting is performed via a combination of economic tools, technological analysis, and
industry experience and domain expertise.
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Econometric models are generally used for short-term forecasting, while technological market
models are used for long-term forecasting. These are based on an amalgamation of Component
landscape, regulatory frameworks, economic outlook and business principles. A bottom-up
approach to market estimation is preferred, with key regional markets analyzed as separate
entities and integration of data to obtain global estimates. This is critical for a deep understanding
of the industry as well as ensuring minimal errors. Some of the parameters considered for
forecasting include:
Market drivers and restrains, along with their current and expected impact
Raw material scenario and supply v/s price trends
Regulatory scenario and expected developments
Current capacity and expected capacity additions up to 2026
We assign weights to these parameters and quantify their market impact using weighted average
analysis, to derive an expected market growth rate.
Data Triangulation
Contrive Datum Insights also leverages three Industry Verticals of data triangulation approaches
as follows:
Data Triangulation Techniques
Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023
Data Source Triangulation
• Extracting data and validation
from multiple type of
secondary and primary
sources
Methodology Triangulation
• Combining various
methodologies to validate
data inputs
Theory Triangulation
• Applying different theories to
check credibility of data sets
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Contrive Datum Insights data modeling tool is an in-house developed tool, which is based on the
fundamental Top Down and Bottom Up approach.
Bottom Up Approach
Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023
After arriving at the overall market size using the market size estimation processes as explained
above, the market was split into several segments and sub segments. To complete the overall
market engineering process and arrive at the exact statistics of each market segment and sub
segment, the data triangulation and market breakdown procedures were employed, wherever
applicable. The data was triangulated by studying several factors and trends from both the
demand and supply sides.
Global
Market
Value
Add up all Country Market Sizes
to Derive Regional Market Size
Market Size for a Country = Add up of Total
Company Revenues
Primary: Demand and Supply Side Experts
Secondary: Annual Reports, Presentations,
Press Release, Journals, Paid Databases,
and A2Z Market Research database
Primary: Demand & Supply Side Experts
Secondary: Annual Reports, Presentations,
Press Releases, Journals, Paid Databases,
and A2Z Market Research database
Bottom-upApproach (Segmental Analysis) Global Market
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Top Down Approach
Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023
Report Objectives
To define, describe, and forecast the {Keyword} Market by segments, and region
To provide detailed information about the major factors (drivers, restraints, opportunities,
and challenges) influencing the growth of the market
To analyze the sub-segments with respect to individual growth trends, prospects, and
contributions to the total market
To analyze opportunities in the market for stakeholders and provide the competitive
landscape of the market
To forecast the revenues of the market segments with respect to the major regions, such
as North America, Europe, Asia Pacific (APAC), Middle East & Africa and South America.
To profile the key players and comprehensively analyze their recent developments and
positioning in {Keyword} market.
Global Market ($ Million)
Geographical Split
Percent Split for Type and
Application Segments for
Market
Country Split
Global Market Size Through Primaries(Demand and
Supply Side Experts)
Secondary: Annual Reports, Presentations, Press
Release, Journals, Paid Databases, and A2Z Market
Research
Primary: Demand and Supply Side Experts
Secondary: Annual Reports, Presentations, Press
Release, Journals, Paid Databases, and A2Z Market
Research database
Primary: Demand &and Supply Side Experts
Primary: Demand and Supply Side Experts
Secondary: Company Websites, Press Releases, and
News Articles
Top-Down Approach (SegmentalAnalysis) Global Market
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To analyze competitive developments, such as mergers and acquisitions, new product
developments, and Research and Development (R&D) activities, in the market
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Market Overview
Market Synopsis
Plants, nut oils, seafood (such as tuna, salmon, and halibut), and other marine foods (such as
algae and krill) are good sources of omega-3 fatty acids. Essential fatty acids, such as omega-3
fatty acids, are critical to human health. People cannot grow and develop without these fatty
acids, nor can they function properly in the brain. Eating meals high in omega-3 fatty acids
reduces your risk of developing cancer, heart disease, and arthritis.
Globally, heart disease has been the leading cause of death in recent years, which has led to an
increase in the omega-3 industry. Cardiovascular disease has increased in South Asia and
Western Sub-Saharan Africa. Natural sources of omega-3 fatty acids include foods like nuts,
seeds, and certain seafood as well as supplements. Global demand for omega-3 fatty acids is
anticipated to increase. have been the subject of much discussion for some time due to their
positive effects on health, particularly the heart. However, there's a good chance that chronic
conditions like cancer, arthritis, heart disease, and stroke may worsen.
Request Sample Copy of Report “Omega 3 Market Insights, Size, Share, & Trends Estimation
Report By Type Outlook (Docosahexaenoic acid (DHA), Eicosapentaenoic acid (EPA), Alpha-
linolenic acid (ALA)) By Source (Plant, Marine) By Application Outlook (Supplements &
Functional Foods, Pharmaceuticals, Infant Formula, Animal Feed & Pet Food, Others) By Dietary
Supplements (Grocery Retailers, Pharmacies and Drug Stores, Internet Retailing, Others) By
Region, and Forecasts 2023 - 2030.”, published by Contrive Datum Insights.
Market Dynamics
Market Trends:
Omega 3 Infused Beverages Gaining Immense Popularity Worldwide
Drinks with omegas are becoming more and more popular among those who are
concerned about their health and wellness. For instance, Coca-Cola began offering new
omega-3 superfusion drinks under the "Gomega" brand in May 2020. Three varieties are
available for these drinks: "Strawberry Guava," "Mango Passionfruit," and "Berry Acai."
Each of the three varieties has 25 calories, 2 grams or less of sugar, and 32 mg of DHA
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Global Omega 3 Market, 2023-2030
omega-3s. Gomega is made entirely of natural flavors and plant-based sweeteners. In
addition, it is vegan, kosher, soy-free, and gluten-free.
Vegan Pet Food with Functional Benefits is a Recent Trend
Giving foods or supplements designed to support a pet's health is becoming more and
more popular among pet owners. Nestlé launched Unleashed, an accelerator program
for pet care, in February 2020. The program's objective is to identify and support young,
creative businesses that apply science and technology to create novel pet-related goods
and services. Through the program, new companies can get proof-of-concept funding,
access to established commercial networks, and advice from specialists in pet nutrition
and health. Every selected startup will receive funding of up to CHF 50,000 (USD 51,853).
Driving Factors:
Health Benefits Associated with Omega-3 Consumption
In the pharmaceutical sector, the two omega-3 components that are most frequently
utilized are eicosapentaenoic acid and docosahexaenoic acid. They are used to treat
chronic illnesses such as atherosclerosis, arthritis, and depression. These fatty acids will
become more and more necessary as the world's population ages and more individuals
suffer from chronic ailments. The body needs docosahexaenoic acids because they
facilitate communication between cells. They are critical to the functioning of the immune
system as well as other bodily systems. They also aid in the fight against depression,
cancer, stress, and aging.
Technological Evolutions for Better Production of Omega-3 Products
Major participants in the industry are investing an increasing amount of funds in R&D to
incorporate technology that would increase the body's bioavailability of omega-3. For
instance, Pharmako Biotechnologies unveiled Aquacelle, a novel self-emulsifying
medication delivery technology, in October 2019. Compared to regular fish oil, this
technique makes it six times easier for the body to absorb omega-3s through the
tongue.
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The risk of arrhythmia, a kind of abnormal heartbeat that can cause sudden death, is
decreased by omega-3 fatty acids. In addition, it lowers lipid and blood pressure levels
and slows the development of atherosclerotic plaque. More and more people are
choosing healthier options because they believe that getting preventative care is
essential to living a healthy lifestyle.
Strategic Development:
• In an effort to capitalize on the expanding vegan market, Nestle said in October 2021 that it
would be adding vegan eggs and shrimp to its menu. The egg substitute is marketed as Garden
Gourmet vEGGie in Europe. It is composed of omega-3 fatty acids and soy protein. It could be
mixed into cakes or biscuits, scrambled, or put into a frittata.
• In December 2020: Drinkable The well-known plain milk beverage Nestle Omega Plus® from
UHT now comes in a dark chocolate taste. ActiCol®, a plant sterol, is an ingredient in it that has
been demonstrated to decrease blood cholesterol by preventing its absorption.
• In May 2021, Unilever acquired the Austin, Texas-based wellness supplement company Onnit,
which produces products that support emotional stability, physical fitness, and mental
performance. Onnit is a fantastic addition to the company's expanding portfolio of cutting-edge
supplement and wellness goods.
• Morgan Stanley Expansion Capital sold SmartyPants Inc. to Unilever in December 2020.
SmartyPants produces multivitamins of superior quality. Unilever is the owner of the brands
Liquid IV, OLLY, Equilibra, and Horlicks. These goods pair well with a new brand in the
functional nutrition and supplement market: SmartyPants Vitamins.
• In order to support healthy brain and eye development, SmartyPants announced in March 2020
the availability of their first infant multivitamin, which was created by a pediatrician and
contains lutein and omega-3 DHA. The brand's existing range of supplements for all life stages,
from pregnancy to age 50 and beyond, was expanded with this announcement.
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Global Omega 3 Market, 2023-2030
Market Scope
On the basis of By Type, the market has been segmented as follows:
Docosahexaenoic acid (DHA)
Eicosapentaenoic acid (EPA)
Alpha-linolenic acid (ALA)
On the basis of By Source, the market has been segmented as follows:
Marine Source
o Fish Oil
o Algal Oil
o Krill Oil
o Others
Plant Source
o Nuts & Seeds
o Vegetable Oils
o Soy
On the basis of By Dietary Supplements, the market has been segmented as follows:
Grocery Retailers
Pharmacies and Drug Stores
Internet Retailing
Others
On the basis of By Application, the market has been segmented as follows:
Supplements & Functional Foods
Pharmaceuticals
Infant Formula
Animal Feed & Pet Food
Others
On the basis of Companies
Aker Biomarine Antarctic AS
Orkla Health
BASF SE
Omega Protein Corp.
GC Reiber Oils
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Lonza
Croda International Plc
EPAX
BioProcess Algae, LLC
Koninklijke DSM N.V.
On the basis of Geography
NORTH AMERICA
EUROPE
ASIA PACIFIC
MIDDLE EAST AFRICA
SOUTH AMERICA
About Us:
Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting
services to officials at various sectors such as investment, information technology,
telecommunication, consumer technology, and manufacturing markets. CDI assists investment
communities, business executives, and IT professionals to undertake statistics-based accurate
decisions on technology purchases and advance strong growth tactics to sustain market
competitiveness. Comprising of a team size of more than 100 analysts and cumulative market
experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry
knowledge combined with global and country-level expertise.
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