Omega 3 Supplement Market Trends, Outlook, Overview and 2025 Forecast

Omega 3 supplements market is anticipated to witness a significant growth on account of high application scope coupled with increasing demand from infant formula. The Global Omega 3 Supplements Market is expected to reach USD 57.07 billion by 2025, according to a new report by Grand View Research, Inc.

Numerous factors such as urbanization and government efforts to educate consumers and provide superior healthcare services are likely to fuel the utilization of omega 3 based products. In addition, increased consumer willingness to spend is anticipated to provide a positive outlook to the omega 3 supplements market. Central & South America accounted for a share of 2.5% of the global omega 3 supplements demand in 2016 due to the growing penetration of pharmaceutical products and increasing income levels of consumers.

Increasing opportunities from the sports nutrition market due to rising preference for leading an active lifestyle coupled with growing awareness regarding omega-3 benefits are likely to play a significant role in driving the market growth. Companies such as Coromega offer combo products to serve the sports industry. Salmon oil accounted for a share of 3.3% in 2016 and is expected to witness a considerable growth over the forecast period owing to requirement of relatively less time for the production of oil from salmon as compared to other fish.

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Research & development and expansion are the key strategies that are being adopted by the players to strengthen their position in the market. Companies are continuously trying to develop application-specific products in order to expand their market scope.

Market Segmentation of Omega 3 Supplement Market:

The Global Omega 3 Supplements Market segmented on the basis of Source, Applications, and Region.

By Source:

Fish Oil

Anchovy

Sardine

Salmon

Tuna

Cod Liver

Krill Oil

By Application:

Infant Formula

Food & Beverages

Nutritional Supplement

Pharmaceutical

Pet & Animal Feed

Clinical Nutrition

By Region:

North America

Europe

Asia Pacific

Central & South America

Middle East & Africa

Inquire about Omega 3 Supplement Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4401/ibb

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