Global Omega-3 Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Global Omega-3 Ingredients Market is Segmented by Type (Concentrates, Algal Oil, Cod Liver Oil, Krill Oil, Menhaden Oil, Refined Tuna Oil, Anchovy Oil, and Others), By Application (Functional Food and Beverage, Dietary Supplements, Infant Nutrition, Pet food and Feed, Pharmaceutical, and Clinical Nutrition), and by Geography (North America, Europe, Asia-Pacific, South America and Middle-East and Africa). The report offers market size and forecasts in value (USD million) for the above segments.

Market Snapshot

omega 3 ingredients market
Study Period: 2016 -2027
Base Year: 2021
Fastest Growing Market: Asia-Pacific
Largest Market: North America
CAGR: 10.12 %

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Market Overview

The global omega-3 ingredients market is projected to grow, witnessing a CAGR of 10.12% during the forecast period (2022-2027).

COVID-19 had boosted the omega-3 ingredients market as fatty acids such as eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) play a potential role in the fight against COVID-19. According to Fatty Acid Research Institute, the anti-inflammatory effects of omega-3 fatty acids - specifically, the long-chain EPA and DHA may have beneficial effects in COVID-19 patients. These factors have led the market to grow further even during the global pandemic time.

Awareness of the benefits offered by omega-3 in human health has led to the use of fish oils as food supplements. However, the continually decreasing number of marine species, especially anchovy fish, has highlighted the need to explore alternative sources, especially those of microbial origin.

Demand for brain health and nutraceutical products for youngsters has been the major driver for Omega 3 ingredients across the world. Though Omega 3 ingredients are not restricted to age, it is highly consumed by working adults to boost metabolic activities and cognitive health.

However, one of the most prevalent challenges being faced by the conventional omega 3 ingredient manufacturers is to offer products with a competitive price range. This is more relevant for the companies that offer omega 3 ingredients from alternative sources, such as krill and algae oils.

Scope of the Report

Omega-3 fatty acids are a form of polyunsaturated fat that the body derives from food. Omega-3 fatty acids are found in foods, such as fish and flaxseed, and in dietary supplements, such as fish oil. The scope of the global omega-3 ingredients market includes market segmentation by Type, Application, and Geography. On the basis of type, the market is segmented under concentrates, algal oil, cod liver oil, krill oil, menhaden oil, refined tuna oil, anchovy oil, and others. Furthermore, on the basis of application, the market is segmented under functional food and beverage, dietary supplements, infant nutrition, pet food and feed, pharmaceutical, and clinical nutrition. Lastly, the report outlines the coverage of all the global regions, including North America, Europe, Asia-Pacific, South America, and Middle-East and Africa. For each segment, the market sizing and forecasts have been done on the basis of the value (in USD million).

By Type
Algal Oil
Cod Liver Oil
Krill Oil
Menhaden Oil
Refined Tuna Oil
Anchovy Oil
By Application
Functional Food and Beverage
Dietary Supplements
Infant Nutrition
Pet food and Feed
Clinical Nutrition
North America
United States
Rest of North America
United Kingdom
Rest of Europe
Rest of Asia-Pacific
South America
Rest of South America
Middle-East & Africa
United Arab Emirates
South Africa
Rest of Middle-East & Africa

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Key Market Trends

Immense Growth in Concentrated Forms of Algal Omega-3 Ingredients

New ultra-high concentrated omega-3 ingredients offer numerous benefits to consumers willing to pay a higher premium price for high-end products. Suppliers are investing in the production of high concentrated algal omega-3 products and are counting on increased demand to drive their sales. The market for concentrates has also been booming, as more consumers have been becoming familiar with the benefits of algal omega-3, and they have been looking for the benefits of higher doses. Considering the existing opportunities in the market studied, major companies involved in the manufacturing of omega-3 have also started making strategic efforts to capitalize on the existing business expansion opportunity. For instance, in June 2021, Polaris launched Omegavie DHA 800 algae oil, which is sourced from microalgae that is rich in vitamins, proteins, pigments, and enzymes. Omegavie DHA 800 is unique because of its high potency, offering a minimum of 800 mg/g of DHA.

epa/dha omega 3 ingredients market

North America Holds the Largest Market Share

Consumer awareness regarding the benefits of omega-3 has increased recently, which has influenced the demand for omega-3 in the North American region. Omega 3 ingredients are predominantly extracted and processed in North America, due to augmenting dietary supplement brands and huge herbal and chemical processing companies. In the United States, consumers show a huge interest in Omega 3 ingredients due to inflating neurological disorders due to which market demand is even further boosting. The American Heart Association (AHA) recommends people in the region eat fish, particularly cold-water fish, twice a week to maintain optimum omega-3 levels in the diet. Growing consumer knowledge regarding product benefits is boosting the industry's growth.

 fish-free omega-3 ingredients market

Competitive Landscape

The global omega-3 ingredients market is dominated by a few players, such as Corbion NV, BASF SE, Koninklijke DSM N.V., Archer Daniels Midland Company, Cargill Inc., and others. The most notable point to be observed in the global omega-3 ingredients market is the effect of strategic mergers, acquisitions, partnerships, and investments. Furthermore, the increasing importance of omega 3 fatty acids at the global level owing to the implementation of new advertising campaigns by companies, such as Koninklijke DSM N.V. and BASF SE, is anticipated to have a significant impact on the segment growth.

Major Players

  1. Corbion N.V.

  2. Koninklijke DSM N.V.

  3. Cargill Inc.

  4. Archer Daniels Midland Company

  5. BASF SE

Koninklijke DSM N.V., Cargill Inc.,  Croda International PLC, Archer Daniels Midland Company, Corbion N.V., Pelagia AS, Polaris SA, Omega Protein Corporation

Recent Developments

  • In May 2021, AlgaeCytes Limited announced plans to build its first commercial plant in Dessau, Saxon-Anhalt, Germany. The plant will be owned and operated by the Company’s German subsidiary, AlgaeCytes Germany GmbH.
  • In October 2020, Thai Union Group PCL and Corbion announced the expanded adoption of AlgaPrime DHA, an omega-3 rich algae feed ingredient, in Thai Union shrimp feed, following a successful large-scale trial in 2019. The expanded partnership marked another success of using alternative and sustainable feed ingredients at scale.
  • In March 2020, Nuseed had announced to enter into an agreement with ADM for crushing and processing of Nuseed’s proprietary omega-3 canola in the United States.

Table of Contents


    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study




    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry


    1. 5.1 By Type

      1. 5.1.1 Concentrates

      2. 5.1.2 Algal Oil

      3. 5.1.3 Cod Liver Oil

      4. 5.1.4 Krill Oil

      5. 5.1.5 Menhaden Oil

      6. 5.1.6 Refined Tuna Oil

      7. 5.1.7 Anchovy Oil

      8. 5.1.8 Others

    2. 5.2 By Application

      1. 5.2.1 Functional Food and Beverage

      2. 5.2.2 Dietary Supplements

      3. 5.2.3 Infant Nutrition

      4. 5.2.4 Pet food and Feed

      5. 5.2.5 Pharmaceutical

      6. 5.2.6 Clinical Nutrition

    3. 5.3 Geography

      1. 5.3.1 North America

        1. United States

        2. Canada

        3. Mexico

        4. Rest of North America

      2. 5.3.2 Europe

        1. United Kingdom

        2. Germany

        3. Spain

        4. France

        5. Italy

        6. Russia

        7. Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. China

        2. Japan

        3. India

        4. Australia

        5. Rest of Asia-Pacific

      4. 5.3.4 South America

        1. Brazil

        2. Argentina

        3. Rest of South America

      5. 5.3.5 Middle-East & Africa

        1. United Arab Emirates

        2. South Africa

        3. Rest of Middle-East & Africa


    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Koninklijke DSM N.V.

      2. 6.4.2 Cargill Inc.

      3. 6.4.3 Croda International PLC

      4. 6.4.4 Archer Daniels Midland Company

      5. 6.4.5 Corbion N.V.

      6. 6.4.6 Pelagia AS

      7. 6.4.7 Polaris SA

      8. 6.4.8 Omega Protein Corporation

      9. 6.4.9 BASF SE

      10. 6.4.10 Aker BioMarine

    5. *List Not Exhaustive


**Subject to Availability
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Frequently Asked Questions

The Omega-3 Ingredients Market market is studied from 2016 - 2027.

The Omega-3 Ingredients Market is growing at a CAGR of 10.12% over the next 5 years.

Asia-Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2021.

Corbion N.V., Koninklijke DSM N.V., Cargill Inc., Archer Daniels Midland Company, BASF SE are the major companies operating in Omega-3 Ingredients Market.

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