Omega 3 Market Size is Expected to Reach USD 3.82 billion during the Forecast Period 2020 - 2028
Omega 3 Industry Overview The global omega 3 market size was valued at USD 2.10 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 7.8% from 2020 to 2028. Major factors responsible for increased product consumption include rising occurrences of Cardiovascular Diseases (CVDs) and changing dietary habits. The rising importance of immunity development post-COVID-19 pandemic has further strengthened the driving force for the market. The rising inclusion of omega 3 ingredients in the diet to support heart and brain health is expected to boost product demand. A sedentary lifestyle, work-from-home trend, and lack of physical activity, particularly between the age group of 30 and 40 years are expected to result in rising product demand. In addition, increasing consumer investment in healthcare and wellbeing is likely to fuel the growth of the market. Rising cases of obesity and heart-related issues in the U.S. are expected to increase the demand for DHA. A...