North America Omega-3 Supplements Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Analysis By Form (Capsules, Soft Gels, and Others), Source (Fish Oil, Krill Oil, Algae Oil, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)


No. of Pages: 113    |    Report Code: TIPRE00027237    |    Category: Consumer Goods

North America Omega-3 Supplements Market
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The omega-3 supplements market in North America is expected to grow from US$ 11,207.31 million in 2021 to US$ 18,825.60 million by 2028; it is estimated to grow at a CAGR of 7.7% from 2021 to 2028.

Omega-3 supplements contain high concentrations of omega-3 fatty acids such as eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA), along with numerous vitamins and minerals required by the human body to maintain overall health and wellness. In the past few years, stressful and hectic lifestyles and hasty dietary habits have significantly hampered the nutritional intake of consumers. In addition, the deficiency of omega-3 can cause a red, swollen, itchy rash on the skin, along with making it rough and scaly; the deficiency may also lead to many chronic diseases among individuals. According to the World Health Organization (WHO), 41 million people die due to chronic diseases every year, accounting for 71% of total deaths worldwide. More than 15 million people belonging to the age group of 30–69 die from a chronic disease every year, while 85% of the "premature" deaths occur in low- and middle-income nations. Cardiovascular diseases account for the majority of chronic disease mortality (17.9 million persons per year), followed by cancer (9.3 million), respiratory disorders (4.1 million), and diabetes (1.5 million). The EPA and DHA in omega-3 supplements help reduce the risk of heart diseases by improving metabolic and cardiovascular health. They also exhibit anti-inflammatory properties and strengthen the immune system by promoting the function of immune cells. Further, a sedentary lifestyle has resulted in an increase in the number of chronic diseases, which is likely to drive product demand. The omega-3 supplements may help reduce the chance of irregular heartbeats or arrhythmias, which can result in the abrupt death of patients. It also aids in the reduction of triglyceride levels, slowing of atherosclerotic plaque growth rate, and reduction of blood pressure. With the growing focus on preventative care as a crucial tool to attain a healthier lifestyle, consumers are increasingly shifting to healthier food and supplement choices. As a result, omega-3 supplements are becoming more popular due to their attractive vitamin, protein, and mineral content. Thus, a rise in awareness regarding chronic health conditions has increased the daily intake of omega-3 supplements, which is driving the omega 3 supplements market growth.

 

North America is one of the worst-affected economies due to the COVID -19 pandemic. Notable disruption in manufacturing facilities, along with disturbed raw material sourcing, has harmed the production of omega 3 supplements in the region. However, the growing consumer focus on health and wellbeing is boosting the demand for omega 3 supplements in the regional market. As per an article published by National Center for Biotechnology Information (NCBI), the presence of poor nutritional patterns and the pre-existing noncommunicable diseases (NCDs) such as diabetes, chronic lung diseases, and cardiovascular diseases (CVDs) in North American countries have made the patient immunocompromised. Hence, the consumption of ~250–500 mg of combined EPA and DHA each day has been recommended for healthy adults to fight against emerging microbes. This is expected to promote the demand for omega 3 supplements in the region in the long run.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America omega-3 supplements market. The North America omega-3 supplements market is expected to grow at a good CAGR during the forecast period.

 

North America Omega-3 Supplements Market Revenue and Forecast to 2028 (US$ Million)

  

North America Omega-3 Supplements Market Revenue and Forecast to 2028 (US$ Million)  

North America Omega-3 Supplements Market Segmentation

 

North America Omega-3 Supplements Market – By

Form

  • Capsules
  • Soft Gels
  • Others

North America Omega-3 Supplements Market – By Source

  • Fish Oil
  • Krill Oil
  • Algae Oil
  • Others

North America Omega-3 Supplements Market – By Distribution Channel

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Stores
  • Others

North America Omega-3 Supplements Market – By

Country

  • US
  • Canada   
  • Mexico

North America Omega-3 Supplements Market – Companies Mentioned

  • Church & Dwight, Inc.                                  
  • Prestige Consumer Healthcare Inc.           
  • NOW Foods                                          
  • Nordic Naturals                                     
  • Reckitt Benckiser Group plc.           
  • Pharma Nord B.V.                            
  • Rimfrost As       
  • Pharmavite LLC                                           
  • Quten Research Institute                        
  • Epion Brands                                                                                    

North America Omega-3 Supplements Strategic Insights

Strategic insights for the North America Omega-3 Supplements provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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North America Omega-3 Supplements Report Scope

Report Attribute Details
Market size in 2021 US$ 11,207.31 Million
Market Size by 2028 US$ 18,825.60 Million
Global CAGR (2021 - 2028) 7.7%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Form
  • Capsules
  • Soft Gels
By Source
  • Fish Oil
  • Krill Oil
  • Algae Oil
By Distribution Channel
  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Retail
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • Church & Dwight, Inc.
  • Prestige Consumer Healthcare Inc.
  • NOW Foods
  • Nordic Naturals
  • Reckitt Benckiser Group plc.
  • Pharma Nord B.V.
  • Rimfrost As
  • Pharmavite LLC
  • Quten Research Institute
  • Epion Brands
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    North America Omega-3 Supplements Regional Insights

    The geographic scope of the North America Omega-3 Supplements refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    The List of Companies - North America Omega-3 Supplements Market

    1. Church & Dwight, Inc.                                  
    2. Prestige Consumer Healthcare Inc.           
    3. NOW Foods                                          
    4. Nordic Naturals                                    
    5. Reckitt Benckiser Group plc.           
    6. Pharma Nord B.V.                            
    7. Rimfrost As       
    8. Pharmavite LLC                                           
    9. Quten Research Institute                        
    10. Epion Brands                                                                                     
    Frequently Asked Questions
    How big is the North America Omega-3 Supplements Market?

    The North America Omega-3 Supplements Market is valued at US$ 11,207.31 Million in 2021, it is projected to reach US$ 18,825.60 Million by 2028.

    What is the CAGR for North America Omega-3 Supplements Market by (2021 - 2028)?

    As per our report North America Omega-3 Supplements Market, the market size is valued at US$ 11,207.31 Million in 2021, projecting it to reach US$ 18,825.60 Million by 2028. This translates to a CAGR of approximately 7.7% during the forecast period.

    What segments are covered in this report?

    The North America Omega-3 Supplements Market report typically cover these key segments-

    • Form (Capsules, Soft Gels)
    • Source (Fish Oil, Krill Oil, Algae Oil)
    • Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail)

    What is the historic period, base year, and forecast period taken for North America Omega-3 Supplements Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Omega-3 Supplements Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in North America Omega-3 Supplements Market?

    The North America Omega-3 Supplements Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Church & Dwight, Inc.
  • Prestige Consumer Healthcare Inc.
  • NOW Foods
  • Nordic Naturals
  • Reckitt Benckiser Group plc.
  • Pharma Nord B.V.
  • Rimfrost As
  • Pharmavite LLC
  • Quten Research Institute
  • Epion Brands
  • Who should buy this report?

    The North America Omega-3 Supplements Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the North America Omega-3 Supplements Market value chain can benefit from the information contained in a comprehensive market report.

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