Market Size of South America Omega-3 Products Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 8.30 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South America Omega-3 Products Market Analysis
The South American omega-3 products market is projected to register a CAGR of 8.3%, during the forecast period (2020-2025).
Across the region, dietary supplements have been estimated to lead the market, on the other hand, omega-3 products across infant formula are expected to record a comparatively higher CAGR.
Brazil dominates the market, due to its high consumption of healthy food, as compared to other countries, followed by Argentina. With more well-informed consumers who want to improve their lifestyles, the whole South American region is primed for continual growth, citing the consumption of omega-3-based products.