The global fish oil supplement market is anticipated to grow at a CAGR of 8.8% during the forecast period (2022-2028). Due to the rising desire of health-conscious consumers for a nutritious diet, there is a huge demand for food supplements with health-promoting effects.Omega-3 fatty acids and other vital elements are abundant in fish oil supplements. Recently, the FDA and NHS recommended eating roughly 2-3 meals of fish per week for its omega-3 fatty acid advantages, driving the rising demand for fish oil supplements. People prefer fish oil supplements over fish servings in their diet for a variety of reasons, including a conveniency and easy availability. Omega-3 fatty acid insufficiency has been linked to a variety of health issues, including ADHD, asthma, autoimmune disease, and heart disease.
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Consumers’ shifting lifestyles and dietary habits have considerably reduced their nutritional intake, raising their awareness of dietary supplements as an excellent way to complement one’s diet by filling in the gaps. Fish oil pills are becoming more popular as people become more aware of their incredible health advantages. Fish oil has a lot of omega-3 fatty acids, a lot of protein, a lot of vitamins and minerals, and its low in saturated fats. Omega-3 fatty acids, such as eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA), are vital in the diet due to they are necessary fatty acids. Fish oil pills contain EPA and DHA, which enhance heart health by lowering triglycerides, controlling blood pressure and cholesterol levels, and lowering plagues. Supplementing with fish oil has been shown to lower the risk of Alzheimer’s disease, reduce inflammation, enhance eye health, and increase brain health.
For its high level of vital omega-3 fatty acids, fish oil supplements are widely utilized all over the globe, mostly for nutritional purposes. The number of health problems caused by a lack of omega-3 fatty acids is increasing in both America and the rest of the globe, generating a huge market opportunity. Consumer preference for food supplements in pill form over liquid or other forms has drawn manufacturers’ attention to the launch of easy-to-consume food supplements. Although fish oil supplements are beneficial for bodybuilding and muscle gain, many users do not realize the benefits.
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Some major players in the market include Nature’s Way Products, LLC, Nordic Naturals, Omega3 Innovations, Omega Protein Corporation, TASA, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, For instance, in 2019 Omega3 Innovations launched a new product, Omega Cure Extra Strength Vials. The vials can be combined into coffee, poured into oatmeal, blended into smoothies, or even taken as a shot, and are either flavorless or have a citrus mixture with rosemary.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Omega-3 Fatty Acid
- By Source
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Nature’s Way Products, LLC, Nordic Naturals, Omega Protein Corporation, TASA, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Fish Oil Supplement Market Report by Segment
By Type
- Soft Gels
- Liquid
By Source
- Anchovy
- Mackerel
- Sardine
- Herring
- Salmon
- Menhaden
- Cod Liver
- Others
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