China Omega 3 Market Size & Outlook, 2023-2030
China omega 3 market, 2018-2030 (US$M)
Related Markets
China omega 3 market highlights
- The China omega 3 market generated a revenue of USD 185.9 million in 2023 and is expected to reach USD 323.5 million by 2030.
- The China market is expected to grow at a CAGR of 8.2% 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 185.9 million |
| Market revenue in 2030 | USD 323.5 million |
| Growth rate | 8.2% (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, China accounted for 7.1% 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 Asia Pacific, China omega 3 market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 214.7 million by 2030.
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Omega 3 Market Scope
Omega 3 Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 54.55% in 2023. Horizon Databook has segmented the China 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.
China is witnessing an increase in the number of trawlers used for fishing activities owing to the rising demand for fish oil and krill oil, which are incorporated in functional food and supplements, pharmaceuticals, and infant formulas.
The increasing instances of gut-related infections in the country are anticipated to spur the demand for omega 3-based dietary supplements in China. Moreover, high birth rates and increased infant life expectancy are expected to propel the demand for high-grade infant formulas in China in the coming years.
Ongoing urbanization and prevailing trend of nuclear families in the country are factors leading to the requirement for pet companionship in China. This is expected to contribute to the demand for omega 3- induced pets and animal feed in the country.
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Target buyers of China omega 3 market databook
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Our clientele includes a mix of omega 3 market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China omega 3 market , including forecasts for subscribers. This country databook contains high-level insights into China omega 3 market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China omega 3 market size, by type, 2018-2030 (US$M)
China Omega 3 Market Outlook Share, 2023 & 2030 (US$M)
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