Europe Omega-3 Products Market Size (2024 - 2029)

EU Omega-3 Products Market Analysis

The European omega-3 products market is projected to reach a CAGR of 7.00% over the next five years.

• Omega-3 fatty acids, especially eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA), are essential nutrients for humans as they help in proper development, growth, and immunity. Consumption of omega-3 products on daily basis decreases the risk of irregular heartbeats by reducing cholesterol and triglyceride levels in the body. Owing to this, consumer demand for omega-3 products like supplements, functional food, as well as baby food is increasing in the region. 
• The demand for omega-3-rich products has been increasing in recent years, especially in Europe, where there is a growing trend towards health consciousness and healthy eating habits. To meet this demand, many market players have been launching new omega-3-rich products in the European market, including supplements, functional foods, and beverages. This trend is likely to continue as consumers become increasingly aware of the health benefits of omega-3s and seek out products that contain them.
• With the increasing popularity of plant-based and vegan diets, many consumers may find it difficult to obtain adequate levels of EPA and DHA. However, several plant-based sources of omega-3 fatty acids are available in the market. Chia seeds are a particularly rich source of alpha-linolenic acid (ALA), a type of omega-3 fatty acid that the body can convert into EPA and DHA. 
• In addition to chia seeds, other plant-based sources of ALA include flaxseeds, hemp seeds, and walnuts. In recent years, there has been a surge in the development of new plant-based sources of omega-3 fatty acids. For example, some companies are producing omega-3 supplements from microalgae, a more sustainable and eco-friendly option than traditional fish oil supplements. Other companies are exploring using genetically modified crops, such as soybeans and canola, engineered to produce high levels of EPA and DHA.
• In June 2021, France-based Polaris company launched Omegavie DHA 800 omega-3 ingredient from a vegan source, i.e., Schizochytrium sp. strain of microalgae. Over the medium term, market demand for omega-3 products is expected to increase owing to increasing demand for plant-based sources of omega-3 supplements and foods and increasing heart-related diseases.

EU Omega-3 Products Industry Segmentation

Omega-3 fatty acids are 'healthy fats' that may support your heart health. One key benefit is helping to lower your triglycerides. Specific types of omega-3s include DHA and EPA (found in seafood), and ALA (found in plants). Some foods that can help you add omega-3s to your diet include fatty fish (like salmon and mackerel), flaxseed, and chia seeds.

Europe's omega-3 market is segmented by product type into functional food, dietary supplements, infant nutrition, pet food and feed, pharmaceutical, and clinical nutrition. By distribution channel, the market is segmented into grocery retailers, pharmacies, health stores, Internet retailing, and other distribution channels. The market is segmented by geography into the United Kingdom, Germany, France, Spain, Italy, Russia, and the rest of Europe.

For each segment, the market sizing and forecasts have been done based on value (in USD million).