According to the latest study titled ‘Global Omega-3 Market - Analysis By Type , By Source (Marine, Plant) , By Application, By Region, By Country : Market Insights, Covid-19 Impact, Competition and Forecast (2020-2025)’, available with Market Study Report, worldwide omega-3 market was appraised at USD 1512.32 million in 2019 and is projected to grow momentously through 2025.
 

Increasing pervasiveness of critical gastrointestinal disorders caused by unhealthy lifestyle, booming geriatric population with health issues like hypertension and others, in consort with advancements in oil extraction processes are propelling the growth of global omega-3 market.
 

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Notably, omega-3 is majorly extracted from krill fish which is rich in protein. Improved awareness regarding the health benefits of the product for both humans and pets, alongside availability in the form of oil, tablets, and capsules are stimulating the overall market outlook.
 

With recent changes due to Covid-19 pandemic, the production has been drastically hit, plummeting the industry growth. However, emphasis on sustainable krill harvesting, and rising popularity of plant-sourced omega-3 will work in favor of the business scenario.
 

Based on type, global omega-3 industry is classified into ALA, DHA, and EPA. As per expert opinion, DHA segment is slated to gain significant momentum over the forecast period, owing to rising adoption of infant formula which contain both docosahexaenoic acid (DHA) and eicosapentaenoic acid (EPA).
 

Speaking of source terrain, the industry space is divided into plant, and marine, wherein the latter segment held substantial market share and is poised to grow modestly through 2025. Increasing breeding of krill, salmon, seaweed, and other marine species for applications such as pet food, aquaculture, and human consumption is boosting the segmental growth.
 

Moving on to application spectrum, worldwide omega-3 market share from dietary supplements segment is reckoned to record a strong CAGR over 2020-2025. Dietary supplements are incorporated to ensure adequate supply of vitamins to the body. Sedentary lifestyle and unstable dietary patterns leading to surging instances of cardiovascular diseases is the key factor bolstering the demand for omega-3 nutraceuticals.
 

From the regional frame of reference, North America led the global omega-3 industry forecast in the part years, creditable to large patient base, and focus among market contenders towards diversifying their product portfolio.
 

Companies influencing the market trends profiled in the report are Pharma Marine AS, GC Rieber Oils, BASF SE, Aker BioMarine, Orkla ASA, Omega Protein Corporation, Groupe OLVEA, Croda International plc, Koninklijke DSM N.V., AlgiSys LLC, and Cargill Inc.