Canada Omega 3 Supplements Market Size & Outlook
Canada omega 3 supplements market, 2018-2030 (US$M)
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Canada omega 3 supplements market highlights
- The Canada omega 3 supplements market generated a revenue of USD 391.5 million in 2023 and is expected to reach USD 656.2 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.7% 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.
Omega 3 supplements market data book summary
| Market revenue in 2023 | USD 391.5 million |
| Market revenue in 2030 | USD 656.2 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Fish oil |
| Fastest growing segment | Krill Oil |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Canada accounted for 5.5% of the global omega 3 supplements market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. omega 3 supplements market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 3,589.0 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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Canada 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 61.99% in 2023. Horizon Databook has segmented the Canada omega 3 supplements market based on fish oil, krill oil, algal oil covering the revenue growth of each sub-segment from 2018 to 2030.
The efforts of omega 3 manufacturers in Canada, in terms of marketing, have been driving consumer awareness regarding cardiac health supplements. Such marketing efforts include creating awareness about preventive healthcare while creating opportunities to attract new consumers.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Canada omega 3 supplements market , including forecasts for subscribers. This country databook contains high-level insights into Canada omega 3 supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada omega 3 supplements market size, by source, 2018-2030 (US$M)
Canada Omega 3 Supplements Market Outlook Share, 2023 & 2030 (US$M)
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