It is highly unlikely that junk food will ever go out of trend, however, people are becoming more conscious regarding their health, which is why they are opting for healthier food items. Food items rich in nutrient especially are becoming popular day-by-day among the general public. A major drawback in the past regarding the adoption of healthier food items was their high cost, but due to economic growth and rise in disposable income, a large number of people are able to make healthy choices. A new continuum of nutrient-positioned products ranging from fortified/functional foods to nutrient supplements is emerging across the globe.

Attributed to these reasons, the demand for omega-3 is also increasing rapidly. Omega-3 fatty acids are basically found in foods including flaxseed and fish and dietary supplements including fish oil. Omega-3 supplements are quite beneficial for the body, as is has been observed that their consumption can prevent cardiovascular diseases, asthma, rheumatoid arthritis, depression, and can also aid in slowing down cognitive decline. Moreover, pregnant woman can benefit significantly from omega-3 supplement, as they have docosahexaenoic acid (DHA), which is crucial for the development of the brain of a new born child.

Read More: Omega-3 Market Analysis and Demand Forecast Report

According to a P&S Intelligence report, in 2019, the global omega-3 market attained a value of $19.7 billion and is expected to generate a revenue of $49.7 billion by 2030, witnessing a CAGR of 8.8% CAGR during the forecast period (2020–2030). Omega-3 is available in tablet or capsule form and liquid form. The larger demand in 2019 was created for liquid form of omega-3, which is ascribed to the availability of this form at a lower price than tablets or capsules and higher levels of eicosapentaenoic acid (EPA) concentration.

The major sources of omega-3 are plants, including algae pol and flaxseed oil, and animals, including cod liver oil, fish oil, and krill oil. Omega-3 from animal sources was more in demand in 2019. Human body needs EPA and DHA in much larger quantities than it does alpha-linolenic acid, and animal-based omega-3 has EPA and DHA, its requirement is expected to increase in the coming years as well. The major end users of omega-3 are veterinary supplements, dietary supplements, infant nutrition formulas, functional food ingredients, and pharmaceuticals. Dietary supplements made the most use of omega-3 in 2019, which is because these supplements are preferred by a large number of consumers for healthy lifestyle choices.