Global Omega 3 Beverages Market, By Source (Marine, Nuts and Seeds, Vegetable Oils, Soya and Soya Products), Type (Docosahexaenoic Acid (DHA), Eicosapentaenoic Acid (EPA), Alpha-Linolenic Acid (ALA)), Distribution Channel (Supermarkets/ Hypermarkets, Pharmacies and Drug Stores, Online Retailers, Other Distribution Channels), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Omega 3 Beverages Market
Omega 3 beverages market is expected to reach USD 3.68 billion by 2028 growing at a growth rate of 5.50% in the forecast period 2021 to 2028. Increasing growth in demand for food fortification which will likely to act as a factor for the omega 3 beverages market in the forecast period of 2021- 2028.
Omega-3 fatty acids help lower the risk of cardiovascular disease and encourage healthy skin. These are intake along with diet and exercise to help lower levels of certain blood fat (triglyceride) and to raise levels of “good” cholesterol (HDL). Moreover, it is sometimes used to help treat rheumatoid arthritis or high blood pressure. The growth of the Omega 3 market has led to evolving lifestyles and growing chronic diseases. Docosahexaenoic acid (DHA), Eicosapentaenoic acid (EPA) and Alpha-linolenic acid are graded according to form (ALA).
Increasing consumer awareness regarding the health benefits of omega-3, rising focus on preventive healthcare, implementation of favourable regulations related to the utilization of omega-3 in infant formulations, growing demand for dietary supplements, changing consumer lifestyle and increasing levels of disposable income of the people, supportive government regulations and ongoing advancements in science are some of the major as well as vital factors which will likely to augment the growth of the omega 3 beverages market in the projected timeframe of 2021-2028. On the other hand, growing number of research activities for the development of alternative sources to obtain omega-3, prevalence of favourable regulatory environment along with rising awareness about certified food ingredients which will further contribute by generating massive opportunities that will lead to the growth of the omega 3 beverages market in the above mentioned projected timeframe.
Lack of clarity among consumers along with lower fish oil supply due to sustainability issues among fisheries which will likely to act as market restraints factor for the growth of the omega 3 beverages in the above mentioned projected timeframe. Increasing cost of research and development activities along with highly unstable fish oil prices which will become the biggest and foremost challenge for the growth of the market.
This omega 3 beverages market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on omega 3 beverages market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Omega 3 Beverages Market Scope and Market Size
Omega 3 beverages market is segmented on the basis of source, type and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of source, the omega 3 beverages market is segmented into marine, nuts and seeds, vegetable oils, and soya and soya products. Marine has been further segmented into fish oil and krill oil, and algal oil. Nuts and seeds have been further segmented into walnut, pumpkin seeds, and others. Others have been further sub segmented into hazelnuts, chia seeds, and tahini. Vegetable oils have been further segmented into soybean oil, canola oil, and others. Others have been further sub segmented into olive oil, and flaxseed oil. Soya and soya products have been further segmented into soya milk, and bean curd.
- Based on type, the omega 3 beverages market is segmented into docosahexaenoic acid (DHA), eicosapentaenoic acid (EPA), and alpha-linolenic acid (ALA).
- Based on the distribution channel, the omega 3 beverages market is segmented into supermarkets/ hypermarkets, pharmacies and drug stores, online retailers, and other distribution channels.
Omega 3 Beverages Market Country Level Analysis
Omega 3 beverages market is analysed and market size, volume information is provided by country, source, type, and distribution channel as referenced above.
The countries covered in the omega 3 beverages market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
North America dominates the omega 3 beverages market due to the increasing utilization of the product in the pharmaceutical industry, coupled with growing research and development activities in the region while Asia-Pacific region will expect to grow in the forecast period 2021 to 2028 due to the increasing health awareness in the region.
The country section of the omega 3 beverages market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Omega 3 Beverages Market Share Analysis
Omega 3 beverages market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to omega 3 beverages market.
The major players covered in the omega 3 beverages report are Cargill, Incorporated.; DSM; Lonza; Orkla.; Corbion; GC Rieber; Nordic Naturals; GOLDEN OMEGA; ALGISYS LLC; Biosearch life; Unilever; Nestlé; Amway India Enterprises Pvt. Ltd.; ADM; The Coca-Cola Company.; Danone; Polaris; SUNTORY HOLDINGS LIMITED; Arla Foods Ingredients Group P/S; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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