Market Size of Middle East & Africa Omega-3 Products Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.20 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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MEA Omega-3 Products Market Analysis
The omega-3 products market in Middle-East and Africa is projected to register a CAGR of 5.2%, during the forecast period, 2020-2025.
Scientific research and media exposure, as well as rising health and nutritional awareness among African consumers, have led to a substantial rise in omega-3 fish oil supplementation over the last five years. Some of the fish oil supplements sold in South Africa are encapsulated locally, while all fish oil or fish oil concentrates are imported from different countries.
Across the Middle Eastern region, the demand is mostly backed by the adoption of western lifestyle, driven by the changing attitudes toward dietary preferences and product know-how among affluent consumers.