Argentina Omega 3 Market Size & Outlook, 2023-2030
Argentina omega 3 market, 2018-2030 (US$M)
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Argentina omega 3 market highlights
- The Argentina omega 3 market generated a revenue of USD 20.3 million in 2023 and is expected to reach USD 35.4 million by 2030.
- The Argentina market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, docosahexaenoic acid (dha) was the largest revenue generating type in 2023.
- DPA is the most lucrative type segment registering the fastest growth during the forecast period.
Omega 3 market data book summary
| Market revenue in 2023 | USD 20.3 million |
| Market revenue in 2030 | USD 35.4 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Docosahexaenoic acid (dha) |
| Fastest growing segment | DPA |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Docosahexaenoic acid (DHA), Eicosapentaenoic acid (EPA), Alpha-linolenic acid (ALA), DPA |
| Key market players worldwide | Orkla ASA, Basf SE, Omega Laboratories, Lonza Group Ltd, Croda International PLC, Austevoll Seafood ASA, Koninklijke DSM NV |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.8% of the global omega 3 market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil omega 3 market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 106.5 million by 2030.
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Omega 3 Market Scope
Omega 3 Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina omega 3 market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to omega 3 market will help companies and investors design strategic landscapes.
Docosahexaenoic acid (dha) was the largest segment with a revenue share of 55.17% in 2023. Horizon Databook has segmented the Argentina omega 3 market based on docosahexaenoic acid (dha), eicosapentaenoic acid (epa), alpha-linolenic acid (ala), dpa covering the revenue growth of each sub-segment from 2018 to 2030.
Omega 3 market in Argentina is growing at an exponential rate owing to the flourishing functional food and pharmaceutical industries in the country. Growing health awareness among consumers, rising disposable income of middle-class population, increasing cases of obesity, and surging consumption of infant formulas and superfoods are factors driving the growth of the market in the country.
The increasing usage of fortified food products, including cooking oils, milk, bread, etc., is expected to contribute to the growth of omega 3 market in Argentina in the coming years. In addition, the surging demand for omega 3 supplements from athletes to improve their performance and lose weight, along with anti-aging effects and pre- and post-natal health benefits offered by these supplements.
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Our clientele includes a mix of omega 3 market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina omega 3 market , including forecasts for subscribers. This country databook contains high-level insights into Argentina omega 3 market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina omega 3 market size, by type, 2018-2030 (US$M)
Argentina Omega 3 Market Outlook Share, 2023 & 2030 (US$M)
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