Global Omega 3 market cagr 6.4%

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Omega 3 Market Scope: Industry Analysis, Market

Size, Growth, Trends Till 2031

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Omega 3 Market Size and Growth

The Omega-3 market is experiencing robust growth, driven by rising health awareness and demand for dietary supplements. The global market is projected to reach approximately $8 billion by 2027, with a CAGR of around 9%. Key trends include increased applications in pharmaceuticals and functional foods, alongside a focus on sustainable sourcing.

Companies Covered

(Covid 19 Impact Covered)

◍ Aker BioMarine

◍ Lonza

◍ Axellus

◍ BASF

◍ DSM

◍ BioProcess Algae

◍ Croda

◍ Omega Protein

◍ EPAX

◍ Martek Biosciences

◍ Pronova

◍ GC Rieber Oils

The Omega-3 market features companies like Aker BioMarine, Lonza, BASF, and DSM, which focus on innovative extraction techniques and product development. By enhancing product quality and expanding applications, these firms drive market growth.

Notable sales revenues include:

- BASF: €4 billion

- DSM: €10 billion

- Omega Protein: $160 million

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Market Segmentation

By Application

◍ Supplements & Functional Foods

◍ Pharmaceuticals

◍ Infant formulas

◍ Pet & Animal Feed

◍ Others

By Product

◍ Pharmaceutical Grade

Food Grade

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Market Growth

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$ X Billion USD

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