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Omega 3 supplements Market Share: Market Entry Strategies

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The Omega 3 supplements market share has been steadily growing over the years, driven by increasing consumer awareness about the numerous health benefits associated with Omega 3 fatty acids. These supplements are known to support heart health, brain function, and reduce inflammation, making them highly sought after by health-conscious individuals.

One of the key factors contributing to the market share growth is the rising prevalence of chronic diseases such as cardiovascular disorders, diabetes, and cognitive decline. As people become more proactive about their health and seek preventive measures, they are turning to Omega 3 supplements as a natural and effective solution.

Moreover, the aging population worldwide is another significant driver for the market share expansion. With age comes an increased risk of developing various health conditions, and Omega 3 supplements are being recognized as a valuable addition to seniors' daily regimen to maintain overall well-being.

In recent years, there has also been a shift towards plant-based Omega 3 supplements due to concerns about sustainability and animal welfare. This trend has opened up new opportunities As consumers become more conscious about their health and the environment, the demand for plant-based Omega 3 supplements is expected to continue growing in the coming years.

The Omega 3 supplements market was valued USD 6.60 billion in 2022 and is estimated to reach USD 12.96 billion by 2030. From 2023 to 2030 & grow at a CAGR of 8.8%.

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KEY MARKET SEGMENTATION:

By Source Type

  • Fish Oil
  • Krill Oil
  • Algae Oil
  • Others

By Application Type

  • Food & beverage
  • Nutraceutical supplement
  • Pharmaceutical
  • Infant formula
  • Others

By End-User  

  • Adults
  • Geriatric
  • Pregnant Women
  • Children
  • Infants

Some of the major key players are as follows: Nordic Naturals, Inc., NutriGold Inc., Reckitt Benckiser Group plc, Pharma Nord B.V, i-Health, Inc, Aker BioMarine AS, Luhua Biomarine (Shandong) Co., Ltd, Pharmavite LLC, KD Pharma Group, NOW Foods, GlaxoSmithKline plc, Natrol LLC, Carlson Laboratories, OmegaBrite, Optimum Nutrition, Inc., VAYA Pharma, Vital Choice Wild Seafood & Organics, SPC,  Bionova, The Nature’s Bounty Co., Arkopharma and Other Players.

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Akash Anand – Head of Business Development & Strategy,

[email protected],

Phone: +1-415-230-0044 (US) | +91-7798602273 (IND),

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