Global Marine Omega-3 Market Growth 2019-2024

Published On: Mar 2019

Format: PDF

Publisher: LP infomation

Pages: 175

Report ID: 236819

Marine Omega-3, also called ω-3 fatty acids or n-3 fatty acids, are polyunsaturated fatty acids (PUFAs) with a double bond (C=C) at the third carbon atom from the end of the carbon chain. Three types of Marine Omega-3 involved in human physiology are α-linolenic acid (ALA) (found in plant oils), eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) (both commonly found in marine oils). They are considered essential fatty acids and necessary for human health but the body can’t make them. Also they play a role in brain health as well as normal growth and development.
Omega-3 mainly has three types involved in ALA, EPA and DHA. It is also extracted from fish oil and algae oil, etc. Omega-3 produced by algae has not been wildly used. This method has great potential.

Currently, omega-3 is mainly distributed in Europe, North America, South America and China. Europe was the largest consumption region holding 37.71% of global share, while China consumption takes only 9.05% of global omega-3 in 2017. Manufactures are limited by regional distribution of fish resources. This industry is mainly concentrated in areas which have rich aquatic resources.

In Europe, Norway is the biggest consumer country, of which the share is 25.77% of all Europe consumption. Asia-Pacific has huge market potential, especially China, the total consumption increases to 10.1 K MT in 2017 from 8.1 K MT in 2013 at a CAGR of 5.83%.

The market concentrate is rather dispersion, DSM, BASF, EPAX, Golden Omega, TASA, Omega Protein, Croda, Marine Ingredients, GC Rieber, Polaris are main manufacturers and the total share of top 3 is 37.86% in 2017.

In the coming few years, global sales of omega-3 will continue to increase. In 2023, global sales may be 151.7 K MT. Omega-3 can be widely used in dietary supplements, fortified food and beverage, infant formula, pharmaceuticals, pet foods and other fields. With the development of economy, these industries will need more omega-3. So, omega-3 has a huge market potential in the future.


According to this study, over the next five years the Marine Omega-3 market will register a 5.5% CAGR in terms of revenue, the global market size will reach US$ 14500 million by 2024, from US$ 10500 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Marine Omega-3 business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Marine Omega-3 market by product type, application, key manufacturers and key regions and countries.

This study considers the Marine Omega-3 value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Marine Animals Source Omega-3
Marine Plant Source Omega-3
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Dietary Supplements
Fortified Food and Beverage
Infant Formula
Pharmaceuticals
Pet Foods
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
DSM
BASF
EPAX
Golden Omega
TASA
Omega Protein
Croda
KD Pharma (Marine Ingredients)
GC Rieber
Polaris
Auqi
Kinomega
Skuny
Xinzhou
Anti-Cancer
Sinomega
Orkla Health
LYSI
OLVEA Fish Oils
Hofseth BioCare
Nippon Suisan Kaisha
Bioprocess Algae
Shandong Yuwang Pharmaceutical
Maruha Nichiro Foods
Solutex

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Marine Omega-3 consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Marine Omega-3 market by identifying its various subsegments.
Focuses on the key global Marine Omega-3 manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Marine Omega-3 with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Marine Omega-3 submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents

2019-2024 Global Marine Omega-3 Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Marine Omega-3 Consumption 2014-2024
2.1.2 Marine Omega-3 Consumption CAGR by Region
2.2 Marine Omega-3 Segment by Type
2.2.1 Marine Animals Source Omega-3
2.2.2 Marine Plant Source Omega-3
2.3 Marine Omega-3 Consumption by Type
2.3.1 Global Marine Omega-3 Consumption Market Share by Type (2014-2019)
2.3.2 Global Marine Omega-3 Revenue and Market Share by Type (2014-2019)
2.3.3 Global Marine Omega-3 Sale Price by Type (2014-2019)
2.4 Marine Omega-3 Segment by Application
2.4.1 Dietary Supplements
2.4.2 Fortified Food and Beverage
2.4.3 Infant Formula
2.4.4 Pharmaceuticals
2.4.5 Pet Foods
2.4.6 Others
2.5 Marine Omega-3 Consumption by Application
2.5.1 Global Marine Omega-3 Consumption Market Share by Application (2014-2019)
2.5.2 Global Marine Omega-3 Value and Market Share by Application (2014-2019)
2.5.3 Global Marine Omega-3 Sale Price by Application (2014-2019)

3 Global Marine Omega-3 by Players
3.1 Global Marine Omega-3 Sales Market Share by Players
3.1.1 Global Marine Omega-3 Sales by Players (2017-2019)
3.1.2 Global Marine Omega-3 Sales Market Share by Players (2017-2019)
3.2 Global Marine Omega-3 Revenue Market Share by Players
3.2.1 Global Marine Omega-3 Revenue by Players (2017-2019)
3.2.2 Global Marine Omega-3 Revenue Market Share by Players (2017-2019)
3.3 Global Marine Omega-3 Sale Price by Players
3.4 Global Marine Omega-3 Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Marine Omega-3 Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Marine Omega-3 Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion

4 Marine Omega-3 by Regions
4.1 Marine Omega-3 by Regions
4.1.1 Global Marine Omega-3 Consumption by Regions
4.1.2 Global Marine Omega-3 Value by Regions
4.2 Americas Marine Omega-3 Consumption Growth
4.3 APAC Marine Omega-3 Consumption Growth
4.4 Europe Marine Omega-3 Consumption Growth
4.5 Middle East & Africa Marine Omega-3 Consumption Growth

5 Americas
5.1 Americas Marine Omega-3 Consumption by Countries
5.1.1 Americas Marine Omega-3 Consumption by Countries (2014-2019)
5.1.2 Americas Marine Omega-3 Value by Countries (2014-2019)
5.2 Americas Marine Omega-3 Consumption by Type
5.3 Americas Marine Omega-3 Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries

6 APAC
6.1 APAC Marine Omega-3 Consumption by Countries
6.1.1 APAC Marine Omega-3 Consumption by Countries (2014-2019)
6.1.2 APAC Marine Omega-3 Value by Countries (2014-2019)
6.2 APAC Marine Omega-3 Consumption by Type
6.3 APAC Marine Omega-3 Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries

7 Europe
7.1 Europe Marine Omega-3 by Countries
7.1.1 Europe Marine Omega-3 Consumption by Countries (2014-2019)
7.1.2 Europe Marine Omega-3 Value by Countries (2014-2019)
7.2 Europe Marine Omega-3 Consumption by Type
7.3 Europe Marine Omega-3 Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa
8.1 Middle East & Africa Marine Omega-3 by Countries
8.1.1 Middle East & Africa Marine Omega-3 Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Marine Omega-3 Value by Countries (2014-2019)
8.2 Middle East & Africa Marine Omega-3 Consumption by Type
8.3 Middle East & Africa Marine Omega-3 Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends

10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Marine Omega-3 Distributors
10.3 Marine Omega-3 Customer

11 Global Marine Omega-3 Market Forecast
11.1 Global Marine Omega-3 Consumption Forecast (2019-2024)
11.2 Global Marine Omega-3 Forecast by Regions
11.2.1 Global Marine Omega-3 Forecast by Regions (2019-2024)
11.2.2 Global Marine Omega-3 Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Marine Omega-3 Forecast by Type
11.8 Global Marine Omega-3 Forecast by Application

12 Key Players Analysis
12.1 DSM
12.1.1 Company Details
12.1.2 Marine Omega-3 Product Offered
12.1.3 DSM Marine Omega-3 Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 DSM News
12.2 BASF
12.2.1 Company Details
12.2.2 Marine Omega-3 Product Offered
12.2.3 BASF Marine Omega-3 Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 BASF News
12.3 EPAX
12.3.1 Company Details
12.3.2 Marine Omega-3 Product Offered
12.3.3 EPAX Marine Omega-3 Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 EPAX News
12.4 Golden Omega
12.4.1 Company Details
12.4.2 Marine Omega-3 Product Offered
12.4.3 Golden Omega Marine Omega-3 Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Golden Omega News
12.5 TASA
12.5.1 Company Details
12.5.2 Marine Omega-3 Product Offered
12.5.3 TASA Marine Omega-3 Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 TASA News
12.6 Omega Protein
12.6.1 Company Details
12.6.2 Marine Omega-3 Product Offered
12.6.3 Omega Protein Marine Omega-3 Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Omega Protein News
12.7 Croda
12.7.1 Company Details
12.7.2 Marine Omega-3 Product Offered
12.7.3 Croda Marine Omega-3 Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 Croda News
12.8 KD Pharma (Marine Ingredients)
12.8.1 Company Details
12.8.2 Marine Omega-3 Product Offered
12.8.3 KD Pharma (Marine Ingredients) Marine Omega-3 Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 KD Pharma (Marine Ingredients) News
12.9 GC Rieber
12.9.1 Company Details
12.9.2 Marine Omega-3 Product Offered
12.9.3 GC Rieber Marine Omega-3 Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 GC Rieber News
12.10 Polaris
12.10.1 Company Details
12.10.2 Marine Omega-3 Product Offered
12.10.3 Polaris Marine Omega-3 Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 Polaris News
12.11 Auqi
12.12 Kinomega
12.13 Skuny
12.14 Xinzhou
12.15 Anti-Cancer
12.16 Sinomega
12.17 Orkla Health
12.18 LYSI
12.19 OLVEA Fish Oils
12.20 Hofseth BioCare
12.21 Nippon Suisan Kaisha
12.22 Bioprocess Algae
12.23 Shandong Yuwang Pharmaceutical
12.24 Maruha Nichiro Foods
12.25 Solutex

13 Research Findings and Conclusion