North America Omega 3 Supplements Market Size & Outlook
North America omega 3 supplements market, 2018-2030 (US$M)
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North America omega 3 supplements market highlights
- The North America omega 3 supplements market generated a revenue of USD 2,624.9 million in 2023.
- The market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, fish oil was the largest revenue generating source in 2023.
- Fish Oil is the most lucrative source segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,624.9 million |
| Market revenue in 2030 | USD 4,601.3 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Fish oil |
| Fastest growing segment | Fish 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, North America region accounted for 37.1% 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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North America 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 62.83% in 2023. Horizon Databook has segmented the North America omega 3 supplements market based on fish oil, krill oil, algal oil covering the revenue growth of each sub-segment from 2018 to 2030.
North America has a vast population facing increased obesity levels and lifestyle-related diseases on account of their dietary habits, high disposable income, and availability of several processed & ready-toeat foods, which are not necessarily good for consumer health.
The ‘transitioning face’ of food has evolved into functional foods & supplements, which can provide numerous health benefits beyond basic nutrition.
With respect to this, products such as whole, fortified, enriched or enhanced foods and dietary supplements including omega fatty acids potentially have beneficial effects on health when consumed as part of a varied diet on a regular basis at effective levels.
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Target buyers of North America 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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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America omega 3 supplements market , including forecasts for subscribers. This continent databook contains high-level insights into North America omega 3 supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America omega 3 supplements market size, by country, 2018-2030 (US$M)
North America Omega 3 Supplements Market Outlook Share, 2023 & 2030 (US$M)
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