Brazil Omega 3 Market Size & Outlook, 2023-2030
Brazil omega 3 market, 2018-2030 (US$M)
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Brazil omega 3 market highlights
- The Brazil omega 3 market generated a revenue of USD 59.4 million in 2023 and is expected to reach USD 106.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 8.7% 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 59.4 million |
| Market revenue in 2030 | USD 106.5 million |
| Growth rate | 8.7% (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, Brazil accounted for 2.3% 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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Brazil 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 55.22% in 2023. Horizon Databook has segmented the Brazil 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.
Brazil is one of the largest markets for omega 3 products in Central & South America. The changing cultural trends in terms of eating habits in the country are expected to spur the demand for fish oil- and krill oil-based products. Moreover, the entry of major omega 3 manufacturers from the U.S. and Europe in Brazil is expected to drive the overall growth of the market in the country in the coming years.
Infant nutrition products segment accounts for a significant share of the market demand for omega 3 in Brazil. This can be attributed to the fact that the infant population in the country is continuously growing, thereby highlighting the importance of infant formulas to address the nutritional requirements of babies.
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Our clientele includes a mix of omega 3 market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil omega 3 market , including forecasts for subscribers. This country databook contains high-level insights into Brazil omega 3 market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil omega 3 market size, by type, 2018-2030 (US$M)
Brazil Omega 3 Market Outlook Share, 2023 & 2030 (US$M)
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