Market Trends of Omega-3 Products Industry
This section covers the major market trends shaping the Omega-3 Products Market according to our research experts:
Health Benefits Associated With Omega-3 Consumption
Omega-3 fatty acids, particularly EPA and DHA, are essential in the human diet for proper growth, development, and good health. They are suitable for heart health, joint and inflammation support, eye health, cognitive function, pregnancy and child development, and immune function. It is known that omega-3 reduces cardiovascular disease risk. Recently, deaths from cardiovascular disease witnessed an increase globally. Western Sub-Saharan Africa and South Asia saw a rise in cardiovascular disease. According to the United Nations Population Fund (India), the number of cases of heart disease in senior citizens across India in 2050 is expected to be 19.1 million. Countries such as India and China, where chances of heart disease cases are increasing, create demand for heart health products, which supports the omega-3 products market.
Omega-3 fatty acids also help ward off many eye diseases and help treat dry eye syndrome. Studies show that consuming omega-3 fatty acids, whether in foods or supplements, may help reduce your risk of developing macular degeneration and glaucoma. Therefore, the benefits of omega-3 in various aspects of human health are expected to drive its demand in the market.
Asia-Pacific Dominates the Global Omega-3 Products Market
The shift in consumer preference toward a healthy diet comprising omega-3 ingredients and the use of fish oil in Asia-Pacific is expected to boost sales. China is the third-largest market for EPA and DHA oils in the world. Consumers in China primarily obtain their omega-3s from fish, supplements, and fortified foods. Omega-3 sourced from fish oil dominates the dietary supplements sector, while algal DHA oil leads in the fortified food and beverage industry. Cooking oil, eggs, and health drinks are popular fortified omega-3 products in the Indian market. Over the years, consumer demand increased, and several major companies have started selling omega-3 supplements and other products on e-commerce websites.
Additionally, the shift among pet owners to take extra care in choosing pet products positively affected omega-3-based pet foods. Many manufacturers are providing pet foods containing essential nutrients like Eukanuba. Proactive Health for Small Breeds is an easily digestible protein-rich food containing omega-3 for healthy skin and a radiant coat. It is widely available in the Japanese market. Thus, the growing demand for omega-3 in various regional products is propelling its demand in the regional market.
