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Global Omega-3 Concentrates Market is Expected to Reach USD 3,351.79 MN By Forecast Year 2028

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Global Omega-3 Concentrates Market is Expected to Reach USD 3,351.79 MN By Forecast Year 2028

October 25
19:08 2021
Global Omega-3 Concentrates Market is Expected to Reach USD 3,351.79 MN By Forecast Year 2028
Omega-3 Concentrates Market Data And Industry Growth Analysis | Stratistics Market Research Consulting
Omega-3 Concentrates Market Forecasts to 2028 – Global Analysis By Form (Oil, Powder), Type (Triglyceride (TG), Ethyl Ester (EE), Phospholipids (PL)), Source, Concentration, End User and By Geography

Omega-3 Concentrates Market Forecasts to 2028 – Global Analysis By Form (Oil, Powder), Type (Triglyceride (TG), Ethyl Ester (EE), Phospholipids (PL)), Source, Concentration, End User and By Geography

According to Stratistics MRC, the Global Omega-3 Concentrates Market is accounted for $1,771.13 million in 2020 and is expected to reach $3,351.79 million by 2028 growing at a CAGR of 8.3% during the forecast period. Rising awareness regarding the health benefits of omega-3 concentrates, growing health consciousness among consumers are the major factors propelling the market growth. However, depleting marine sources is hampering the market growth. By geography, North America is going to have a lucrative growth during the forecast period due to the increase in awareness amongst the consumers for reducing the risk of illness along with maintaining their health. Consumers in the US and Canada are moving toward a healthy lifestyle and prefer products that provide health benefits. The gradual shift of consumers towards functional and dietary food due to the high protein and nutrient content of eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) in omega 3 concentrates propels the demand for the same in North America. 

Some of the key players profiled in the Omega-3 Concentrates Market include BASF SE, AlaskOmega, Australian Omega Oils, Croda, DSM Nutritional Products AG, Epax Norway, GC Rieber VivoMega AS, Golden Omega S.A, K Pharmtech Co., Ltd, Nordic Naturals, Inc, Norwegian Fish Oil, Orkla Health, Polaris, Sinomega, and Stepan Specialty Products.

Browse complete report with TOC @ https://www.strategymrc.com/report/omega-3-concentrates-market

The Global Omega-3 Concentrates Market is majorly driven by rising awareness regarding the health benefits of omega-3 concentrates, growing health consciousness among consumers. The dietary supplements segment is growing at a highest CAGR owing to significant increase in consumer spending on dietary supplement products that contain fish oils, vitamins, minerals, and other ingredients. North America dominated with a significant market share due to the factors such as increase in awareness amongst the consumers for reducing the risk of illness along with maintaining their health. Asia Pacific market is growing at a highest CAGR owing to the shift in consumer inclination toward a healthy diet containing omega-3 ingredients and the use of fish oil in Southeast Asia.

Our report provides a detail study and forecast about the industry which covers the complete overview of the market that will aid clients and business making strategies. Our report offers market share assessments for the regional and country-level segments. The report covers various market trends such as key drivers and constraints, market opportunities, challenges, volume and value forecasts, threats, covid-19 impact, futuristic scenarios, various investment opportunities, and strategic recommendations for the manufacturers operating in the global and regional markets. Our reports are formulated with a broader industry audience in mind and provide a snapshot into the attractiveness, potential and competitive landscape of a market mapping the key common trends. The reports are updated every year, making sure that all trends and insights are captured and analyzed in a single report. Our report also offers company profiling with detailed strategies such as business overview, SWOT, financials, products, and recent key developments of the key players related to the market, and porter’s five forces for the market insights.

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