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

Europe Omega-3 PUFA Market Size Summary

The European omega-3 PUFA market is experiencing significant growth, driven by increasing consumer demand for health and wellness products linked to omega-3 fatty acids. This demand is largely fueled by the rising prevalence of heart diseases, prompting consumers to seek products that can help lower cholesterol and improve heart health. Omega-3 ingredients are widely used in fortified and functional foods and beverages, with the aging population further creating opportunities for these products. Suppliers are actively launching new omega-3 product offerings to capture the attention of health-conscious consumers, who are increasingly influenced by product labels. Countries like Italy and Germany lead the market in Western Europe, with the United Kingdom and France also contributing to the market's expansion. The acceptance of omega-3 dietary supplements as safe by EU-supported international groups has bolstered their popularity, with fish oil, flaxseed oil, and algae oils being common sources.

Germany stands out as a major consumer of omega-3 products, despite a general deficiency in omega-3 intake among its population, particularly middle-aged women. This deficiency has heightened the risk of heart disease, encouraging more women to purchase omega-3 products. The country's high awareness and knowledge of these products, coupled with a robust presence of health stores and drugstore retail chains like DM, Rossmann, and Müller, facilitate consumer access to omega-3 offerings. The European omega-3 PUFA market is characterized by fragmentation due to numerous regional and domestic players. Leading companies are focusing on mergers, expansions, acquisitions, partnerships, and new product development to enhance their market presence. Key players in the market include BASF SE, Koninklijke DSM N.V, Corbion NV, and Croda International PLC.