Middle East & Africa Vegan Omega 3 Supplements Market Size & Outlook
The vegan omega 3 supplements market in Middle East & Africa is expected to reach a projected revenue of US$ 48.3 million by 2030. A compound annual growth rate of 7.4% is expected of Middle East & Africa vegan omega 3 supplements market from 2024 to 2030.
Revenue, 2023 (US$M)
$29.3
Forecast, 2030 (US$M)
$48.3
CAGR, 2024 - 2030
7.4%
Report Coverage
Middle East & Africa
Middle East & Africa vegan omega 3 supplements market, 2018-2030 (US$M)
MEA vegan omega 3 supplements market highlights
- The MEA vegan omega 3 supplements market generated a revenue of USD 29.3 million in 2023.
- The market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, algae was the largest revenue generating source in 2023.
- Algae is the most lucrative source segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 29.3 million |
| Market revenue in 2030 | USD 48.3 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Algae |
| Fastest growing segment | Algae |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Algae |
| Key market players worldwide | DSM Firmenich AG, Source Naturals, NuTru Inc, Nordic Naturals, NOW Foods, Sunwarrior |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.8% of the global vegan 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 1,070.8 million by 2030.
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Vegan Omega 3 Supplements Market Scope
Vegan omega 3 supplements market segmentation & scope
Form
Capsules
Liquid
Powder
Other Form
Functionality
Cardiovascular Health
Brain, Nervous System & Mental Health
Eye Diseases
Other Diabetes
Functionality
End Use
Adults
Geriatric
Pregnant Women
Children
Infants
Distribution channel
OTC
Prescribed
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
Australia
South Korea
Brazil
South Africa
Vegan Omega 3 Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa vegan omega 3 supplements market
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