Europe Omega 3 Supplements Market Size & Outlook
Europe omega 3 supplements market, 2018-2030 (US$M)
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Europe omega 3 supplements market highlights
- The Europe omega 3 supplements market generated a revenue of USD 1,652.1 million in 2023.
- The market is expected to grow at a CAGR of 9.2% 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, Italy is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,652.1 million |
| Market revenue in 2030 | USD 3,054.6 million |
| Growth rate | 9.2% (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, Europe region accounted for 23.4% 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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Europe 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 64.72% in 2023. Horizon Databook has segmented the Europe omega 3 supplements market based on fish oil, krill oil, algal oil covering the revenue growth of each sub-segment from 2018 to 2030.
Growing technological innovations in the nutraceuticals sector such as microencapsulation, 3D printed vitamins, and introduction of novel organic as well as synthetic ingredients, offer new opportunities to the European omega 3 market.
The Federation of European Nutrition Societies (FENS) funds and invests in various nutritional food & product businesses. The federation operates and nurtures the growth of such business operating in 26 countries in the region.
The European Society for Clinical Nutrition and Metabolism (ESPEN) governs and offers grants for businesses in the nutrition sector and also accolades best performing organizations in the industry. Such initiatives have encouraged participants to come up with beneficial and innovative products, thus, boosting industry growth.
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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 continent-level data and insights on the Europe omega 3 supplements market , including forecasts for subscribers. This continent databook contains high-level insights into Europe omega 3 supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe omega 3 supplements market size, by country, 2018-2030 (US$M)
Europe Omega 3 Supplements Market Outlook Share, 2023 & 2030 (US$M)
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