Asia Pacific Omega 3 Supplements Market Size & Outlook
Asia Pacific omega 3 supplements market, 2018-2030 (US$M)
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Asia Pacific omega 3 supplements market highlights
- The Asia Pacific omega 3 supplements market generated a revenue of USD 2,438.8 million in 2023.
- The market is expected to grow at a CAGR of 9.6% from 2024 to 2030.
- In terms of segment, fish oil was the largest revenue generating source in 2023.
- Krill Oil is the most lucrative source segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,438.8 million |
| Market revenue in 2030 | USD 4,632.2 million |
| Growth rate | 9.6% (CAGR from 2023 to 2030) |
| Largest segment | Fish oil |
| Fastest growing segment | Krill Oil |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fish Oil, Krill Oil, Algal Oil |
| Key market players worldwide | Nordic Naturals, Reckitt Benckiser Group PLC, Otsuka Pharmaceutical, NOW Foods, GlaxoSmithKline, Glanbia PLC, Bionova Scientific, Nestle SA, Dermapharm Holding SE Bearer Shares |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 34.5% of the global omega 3 supplements market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,632.2 million by 2030.
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Omega 3 Supplements Market Scope
Omega 3 Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific omega 3 supplements 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 supplements market will help companies and investors design strategic landscapes.
Fish oil was the largest segment with a revenue share of 58.36% in 2023. Horizon Databook has segmented the Asia Pacific omega 3 supplements market based on fish oil, krill oil, algal oil covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific market is anticipated to witness increasing demand for omega 3 supplements as key participants are adopting strategies such as the introduction of their brands in untapped economies of South East Asian countries.
China, Japan, and India are among the largest markets for omega 3 supplements in Asia Pacific owing to the presence of a large consumer base in these countries. Countries such as Japan and Australia have experienced heightened awareness regarding health benefits of the product over the years, which is expected to strengthen regional growth over the forecast period.
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Target buyers of Asia Pacific omega 3 supplements market databook
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Our clientele includes a mix of omega 3 supplements 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 continent-level data and insights on the Asia Pacific omega 3 supplements market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific omega 3 supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific omega 3 supplements market size, by country, 2018-2030 (US$M)
Asia Pacific Omega 3 Supplements Market Outlook Share, 2023 & 2030 (US$M)
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