Posted 2/20/2024, 11:30:00 AM
Omega-3 Market Booming Due to Health Benefits and Innovations in Supplements
- Omega-3 market projected to reach $14.1 billion by 2029, with a CAGR of 13.4% from 2024-2029
- Innovations in Omega-3 products aim to improve effectiveness, absorption, stability, taste, and convenience
- Dietary supplements dominate the Omega-3 market due to rising health consciousness and endorsed health claims
- Eicosapentaenoic acid (EPA) sees high demand growth due to evidence for health benefits beyond heart health
- Marine sources like fish oil are most common due to high omega-3 content and bioavailability, as well as longstanding consumer trust