Omega 3 Ingredients Market Supply, Opportunities, Analysis & Forecast to 2032

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EPA/DHA (Omega 3) Ingredients Market to Grow at
over 6.5 CAGR from 2023 to 2032
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Overview of EPA/DHA (Omega 3) Ingredients Market

• The EPA/DHA (Omega 3) ingredients market is
  poised to record substantial growth over the
  years 2023-2032. Omega-3 fatty acids supplements
  have seen a rise in sales owing to growing
  awareness about their various health benefits.
  Numerous studies are conducted to identify the
  advantages of EPA and DHA. According to
  estimates, more than 40,000 studies have been
  published in the field of EPA and DHA, including
  more than 4,000 human clinical trials.
• Studies suggest that EPA and DHA have a positive
  impact on maternal health, prenatal health, heart
  brain health, and even on the health of
  animals. Growing environmental concerns
  associated with the impact of traditional methods
  of extraction of omega-3 fatty acids has
  triggered a myriad of innovations in this
  landscape. Technological advancements and RD
  have enabled manufacturers to source EPA and DHA
  fatty acids from plant-based sources such as
  microalgae.
• Several nutrition and dietary supplement brands
  are spearheading innovation and research in omega
  3. For instance, in May 2022, Thai Union
  Ingredients, a nutrition company, announced plans
  to establish a new research facility called Omega
  3 Center of Excellence (O3C). The company aims to
  boost collaboration on dietary supplements and
  fortified products.

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• The EPA/DHA (Omega 3) ingredients market is
  segregated into product, source, application, and
  region.
• By product, the industry is fragmented into EPA
  and DHA. the EPA segment was valued at more than
  385 million in 2022. Increasing healthcare
  awareness and growing consumer inclination
  towards a diet rich in omega-3 fatty acids will
  favor segment growth. EPA is considered to help
  treat depression, heart disorders, ADHD, and
  rheumatoid arthritis. It also has potential
  benefits pertaining to female health with the
  ability to reduce menstrual pain and the impact
  of menopause.
• With respect to source, the market landscape is
  bifurcated into salmon oils, anchovy/Sandrine
  oils, cod liver oils, algae oils, and tuna oils.
  The cod liver oils segment is projected to
  exhibit over 6.5 between 2023-2032. Increasing
  demand for cod liver oil capsules can be
  attributed to its high nutritional content. Cod
  liver oils are a rich source of omega-3 fatty
  acids and find applications in cosmetics, food
  and beverages, pharmaceuticals, and animal feed.
  Growing focus on preventative care will
  accelerate segment growth.

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• Europe EPA/DHA (Omega 3) ingredients market is
  estimated to surpass USD 1 billion by 2032.
  Europe is expected to emerge as a prominent
  landscape with increasing consumer awareness
  associated with health and well-being and rising
  consumption of nutraceuticals and dietary
  supplements.
• According to a survey conducted across 14 EU
  member states by Ipsos European Public Affairs in
  2022, 93 of the respondent had taken a food
  supplement in the past 12 months, while 19 of
  the surveyed individuals consumed omega-3 or fish
  oils.
• In terms of application, the market is
  categorized into pet food, infant formulas,
  functional foods, pharmaceuticals, dietary
  supplements, and others. Infant formula
  applications of EPA/DHA (Omega 3) ingredients are
  expected to record sustainable growth over 2032.
  Omega-3 ingredients are being increasingly used
  in infant formulas due to their ability to boost
  visual and neurological development. Favorable
  government efforts encouraging parents to buy EPA
  and DHA-based baby food will complement the
  segment growth.
• Notable participants in the EPA/DHA (Omega 3)
  Ingredients market include BASF SE, Omega
  Protein, Koninklijke DSM N.V., Clover
  Corporation, Croda International Plc, Nordic
  Naturals Inc, Copeinca ASA, Arista Industries
  Inc, GC Rieber, Solutex, OLVEA

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