Asia Pacific Omega 3 Market Size, Share & Industry Trends Analysis Report By Type, By Application, By Source, By Country, Historical Data and Growth Forecast, 2021 - 2027
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Market Report Description
The Asia Pacific Omega 3 Market would witness market growth of 7.1% CAGR during the forecast period (2021-2027).
Omega-3 fatty acids are a good cholesterol that the human body does not produce on its own. Eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) are two types of omega-3 fatty acids found in fish (DHA). Alpha-linolenic acid is a kind of omega-3 found in plants (ALA). Omega-3 fatty acids assist prevents blood platelets from clumping together, lowering the risk of blood clots. It helps in maintaining the smoothness and absence of damage to the artery lining, which can lead to thick, hard arteries.
This reduces the formation of plaque in the arteries. The consumption of omega-3 can also reduce the formation of triglycerides in the liver lowers triglyceride levels. Triglyceride levels in the blood are linked to an increased risk of heart disease. The inflammatory response of human body is suspected to play a role in atherosclerosis (artery hardening). The generation of chemicals produced during the inflammatory response is slowed by omega-3 fatty acids.
This region offers enormous potential for omega-3 fatty acids, with growth rates likely to outpace the average. The demand for omega-3 acids can be linked to increased consumer awareness of the health benefits as well as rising discretionary earnings, which allow customers to spend on well-being-promoting healthcare items. Dietary supplement demand is rapidly expanding in the region's densely populated countries, such as China and India.
The China market dominated the Asia Pacific Omega 3 Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $217 million by 2027. The Japan market is poised to grow a CAGR of 6.5% during (2021 - 2027). Additionally, The India market would experience a CAGR of 7.7% during (2021 - 2027).
Based on Type, the market is segmented into Docosahexaenoic acid (DHA), Eicosapentaenoic acid (EPA), and Alpha-linolenic acid (ALA). Based on Application, the market is segmented into Supplements & Functional Foods, Pharmaceuticals, Infant Formula, Animal Feed & Pet Food and Others. Based on Source, the market is segmented into Marine Source and Plant Source. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Omega 3 Market is Projected to reach USD 3 Billion by 2027, at a CAGR of 7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aker BioMarine AS, GC Rieber VivoMega AS (GC Rieber group), Epax Norway AS (Pelagia Holding AS), FMC Corporation, BASF SE, Koninklijke DSM N.V., Lonza Group AG, Orkla ASA (Orkla Health), Croda International PLC, and Omega Protein Corporation (Cooke, Inc.).
Scope of the Study
Market Segments Covered in the Report:
- Docosahexaenoic acid (DHA)
- Eicosapentaenoic acid (EPA), and
- Alpha-linolenic acid (ALA)
- Supplements & Functional Foods
- Infant Formula
- Animal Feed & Pet Food and
- Marine Source and
- Plant Source
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Aker BioMarine AS
- GC Rieber VivoMega AS (GC Rieber group)
- Epax Norway AS (Pelagia Holding AS)
- FMC Corporation
- BASF SE
- Koninklijke DSM N.V.
- Lonza Group AG
- Orkla ASA (Orkla Health)
- Croda International PLC
- Omega Protein Corporation (Cooke, Inc.)
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