Market revenue in 2023 | USD 72.9 million |
Market revenue in 2030 | USD 124.8 million |
Growth rate | 8% (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 |
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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 54.46% in 2023. Horizon Databook has segmented the Italy 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.
The rich culinary tradition of Italy and the focus of the masses on healthy eating contribute to the growing demand for omega-3 ingredients in the country. The culinary tradition of Italy emphasizes the consumption of fresh, high-quality ingredients, including seafood.
Fatty fish such as salmon, mackerel, and tuna are excellent sources of omega-3 fatty acids. Italy is one of the largest markets for fisheries and aquaculture products in Europe. The country covers the majority of demand of fish oil through imports.
The perceived health benefits of omega-3 fatty acids drive the growth of the market for omega-3 ingredients in Italy for which fish oil is the primary extraction source. The country is home to several manufacturers and suppliers of omega-3 ingredients. Some prominent companies in omega-3 market in Italy are Pharmalife Research, Naturando, Solgar Italia, and EnerZona.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy omega 3 market , including forecasts for subscribers. This country databook contains high-level insights into Italy omega 3 market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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