UK Omega 3 Market Size & Outlook, 2023-2030
UK omega 3 market, 2018-2030 (US$M)
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UK omega 3 market highlights
- The UK omega 3 market generated a revenue of USD 87.6 million in 2023 and is expected to reach USD 144.3 million by 2030.
- The UK market is expected to grow at a CAGR of 7.4% 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 87.6 million |
| Market revenue in 2030 | USD 144.3 million |
| Growth rate | 7.4% (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, UK accounted for 3.3% 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 Europe, Germany omega 3 market is projected to lead the regional market in terms of revenue in 2030.
- Netherlands is the fastest growing regional market in Europe and is projected to reach USD 67.0 million by 2030.
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Omega 3 Market Scope
Omega 3 Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 53.88% in 2023. Horizon Databook has segmented the UK 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 demand for omega 3 products in the UK is largely driven by the continuous introduction of innovative products in the market. For instance, the launch of Mega Red by Reckitt Benckiser has driven the growth of omega 3-based supplements industry in the country as this product improves the heart, joint, eye, and brain health of consumers.
Moreover, the availability of fish oil supplements in the form of tablets in the UK is expected to drive the growth of omega 3 market in the country over the forecast period. Clinical nutrition; testing and research; and fortified food and beverage applications are some significantly growing segments of the market across the UK.
Rising consumption of healthy fortified drinks with omega 3 is expected to propel the demand for omega 3 in the country in the coming years. In addition, the consumption of omega 3 products in the UK is anticipated to be driven by growing awareness about the health benefits offered by functional food products and supplements.
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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 UK omega 3 market , including forecasts for subscribers. This country databook contains high-level insights into UK omega 3 market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK omega 3 market size, by type, 2018-2030 (US$M)
UK Omega 3 Market Outlook Share, 2023 & 2030 (US$M)
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