They are readily accessible in powder and oil forms and are widely utilized by dietary supplement manufacturers for capsule production. Additionally, they serve as pharmaceutical-grade ingredients and find applications in the food and beverage industry.
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Market Competition
The global omega-3 concentrates market consists of some of the leading key players, including Australian Omega Oils Pty. Ltd., BASF SE, Epax Norway, K Pharmtech Co., Ltd., GC Rieber VivoMega, AlaskOmega Golden Omega S.A., Norwegian Fish Oil, Nordic Naturals, Inc., and DSM Nutritional Products AG among others.
The global market is highly fragmented with the presence of many large- and small-scale companies. Majority of these companies are focusing on mergers and acquisitions with local players to expand their geographic presence. A few other players are aiming to engage in collaborations and joint ventures with reputed firms to strengthen their positions and develop innovative products.
Omega-3 Concentrates: Key Developments
- In 2016, DSM Nutritional Products AG launched a new technology called the 3C Technology, for the production of omega-3 concentrates to efficiently reduce the cost of production of these concentrates and also make them affordable to the consumers.
- In September 2017, Organic Technologies, the producer of the Omega-3 concentrates brand, launched a new product in the market to challenge other manufacturers. It launched Omega-3 concentrates that are rich in DHA with certification from the Marine Stewardship Council (MSC) that certifies for sustainability.
- In October 2017, GC Rieber Oils AS went into a collaboration with a Norwegian scientific consulting firm, Orivo, to verify the source of the oil which can be tested by Nuclear Magnetic Resonance (NMR) technique. This is to increase the transparency of the omega-3 concentrates and their sources.
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Key Segments Profiled in the Omega-3 Concentrates Industry Survey
By Form:
- Powder
- Oil
By Source:
- Krill
- Fish
- Calamari
- Algae
- Others
By Type:
- Triglyceride (TG)
- Ethyl Ester (EE)
- Phospholipids (PL)
By Concentration:
- High DHA
- High EPA
- Balanced EPA: DHA
By End Use:
- Food and Beverages
- Dietary Supplements
- Pharmaceuticals
- Nutraceuticals
- Infant Formula
- Personal Care and Cosmetics
- Pet Food
By Packaging:
- Drums
- Totes
By Region:
- North America
- Latin America
- Western Europe
- Easter Europe
- APEJ
- Japan
- Middle East & Africa
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Frequently Asked Questions
At what rate will the omega-3 concentrates market grow?
The global omega-3 concentrates market is likely to exceed US$ 5.3 Billion by 2032.
Which region is expected to dominate the omega-3 concentrates market?
Asia Pacific is expected to dominate the omega-3 concentrates market.
Which are some of the leading omega-3 concentrates manufacturers?
Australian Omega Oils Pty. Ltd., BASF SE, Epax Norway, K Pharmtech Co., Ltd., GC Rieber VivoMega, and AlaskOmega Golden Omega S.A. are some of the leading omega-3 concentrates manufacturers.
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