India Omega 3 Market Size & Outlook, 2023-2030
India omega 3 market, 2018-2030 (US$M)
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India omega 3 market highlights
- The India omega 3 market generated a revenue of USD 112.4 million in 2023 and is expected to reach USD 214.7 million by 2030.
- The India market is expected to grow at a CAGR of 9.7% 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 112.4 million |
| Market revenue in 2030 | USD 214.7 million |
| Growth rate | 9.7% (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, India accounted for 4.3% 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 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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India 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 54.89% in 2023. Horizon Databook has segmented the India 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 India is anticipated to witness rapid growth in the coming years owing to increasing demand for omega 3 for usage in functional food and supplements. The country represents a vast market for nutraceuticals for almost every segment of its population.
For instance, pregnant women and lactating mothers in India require supplements to meet their nutritional requirements. On the other hand, the population that falls in the age group of 60 years and above that is particularly vulnerable to bone-related diseases and diabetes uses nutraceuticals for preventive protection against these diseases.
Similarly, growing children in India consume functional food and dietary supplements to perform well in academics and extra-curricular activities, while the youngsters in the age group of 15 to 35 years require nutraceuticals to maintain an active lifestyle.
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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 India omega 3 market , including forecasts for subscribers. This country databook contains high-level insights into India omega 3 market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India omega 3 market size, by type, 2018-2030 (US$M)
India Omega 3 Market Outlook Share, 2023 & 2030 (US$M)
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