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EPA/DHA (Omega 3) Ingredients Market Size
- Report ID: GMI118
- Published Date: Nov 2022
- Report Format: PDF
EPA/DHA Ingredients Market Size
EPA/DHA (Omega 3) Ingredients Market size was worth more than USD 2.5 billion in 2022 and is anticipated to record 6.5% CAGR from 2023-2032. Favorable government policies regarding dietary supplements are expected to complement the market expansion.
Rising sales of dietary supplements are anticipated to fuel the demand for EPA-DHA (Omega 3) ingredients. In 2021, the global dietary supplements business was estimated at over USD 136 billion. EPA and DHA omega-3 fatty acids are extensively used in dietary supplements as they offer health benefits such as improved heart and brain health. These ingredients are also associated with weight management, joint health, and the maintenance of skin, eyesight, hair, and nails.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| EPA/DHA (Omega 3) Ingredients Market Size in 2022: | USD 2.85 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 7.2% |
| 2032 Value Projection: | USD 5.30 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 344 |
| Tables, Charts & Figures: | 418 |
| Segments covered: | Product, Source, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Stringent restrictions regulating the fishing sector and environmental policies regarding fish catches could restrain the EPA/DHA (Omega 3) ingredients market growth. Countries such as China, and Peru have imposed very strict rules on the number of fish catches in order to maintain an ecological balance. This will negatively affect fish oil production. On the contrary, favorable government policies regarding dietary supplements containing omega-3 ingredients will help boost product demand. For instance, the European Food Safety Authority (EFSA) permits the daily intake of omega-3 in restricted amounts to treat certain health conditions.
Frequently Asked Questions (FAQ) :
EPA/DHA (Omega 3) Ingredients Market Scope
