Malaysia Omega 3 Market Size & Outlook, 2023-2030
Malaysia omega 3 market, 2018-2030 (US$M)
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Malaysia omega 3 market highlights
- The Malaysia omega 3 market generated a revenue of USD 30.1 million in 2023 and is expected to reach USD 54.4 million by 2030.
- The Malaysia market is expected to grow at a CAGR of 8.8% 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 30.1 million |
| Market revenue in 2030 | USD 54.4 million |
| Growth rate | 8.8% (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 |
Other key industry trends
- In terms of revenue, Malaysia accounted for 1.2% 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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Malaysia 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 55.15% in 2023. Horizon Databook has segmented the Malaysia 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.
In Malaysia, there are various brands and products available that offer omega-3 ingredients sourced from fish oil. One popular brand is Dindings Farms, which introduced a new product called Omega-3 enriched pork. This innovative pork product is created by feeding flaxseed to animals, resulting in healthier and more flavorful meat.
The shift in diet, using feed enhanced with flaxseed supplied by French Valorex SAS, has been instrumental in enriching the pork with omega-3 fatty acids. The creation of omega-3-enriched pork involved the advisory role of APSN Biotech Sdn Bhd, an animal nutrition company, and the non-profit organization, Bleu-Blanc-Coeur (BBC).
Apart from fish oil, plant-based sources of omega-3 are also available in Malaysia.These plant-based sources provide an alternative for individuals who prefer vegetarian or vegan options. Thus, the rising demand for veganism and various innovations by manufacturers propel the demand for omega-3 in Malaysia.
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Target buyers of Malaysia 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 Malaysia omega 3 market , including forecasts for subscribers. This country databook contains high-level insights into Malaysia omega 3 market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Malaysia omega 3 market size, by type, 2018-2030 (US$M)
Malaysia Omega 3 Market Outlook Share, 2023 & 2030 (US$M)
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