| Product Code: ETC4548636 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Australia`s import trend for the omega-3 market experienced a notable decline from 2023 to 2024, with a growth rate of -79.68%. The compound annual growth rate (CAGR) for the period of 2020 to 2024 stood at -42.51%. This substantial decrease in import momentum may be attributed to shifting consumer preferences, changes in regulatory policies, or market saturation impacting demand dynamics.
The omega-3 market in Australia is growing due to increasing awareness about the health benefits of omega-3 fatty acids, including heart health and cognitive function. Omega-3 is sourced from fish oil, algae, and plant oils and is used in supplements and functional foods. Rising demand for plant-based omega-3 options is supporting market growth.
The Australia Omega-3 Market is driven by growing awareness about the health benefits of omega-3 fatty acids in supporting heart health, brain function, and inflammation reduction. Increasing consumption of dietary supplements and functional foods is fueling market demand.
The omega-3 market in Australia is constrained by limited availability of raw materials and high production costs. Technical difficulties in maintaining product purity and stability increase operational complexity. Regulatory requirements for product labeling and health claims increase compliance burdens.
The Australia Omega-3 Market presents promising investment opportunities due to increasing consumer awareness about heart health and cognitive function. Investment opportunities include developing high-purity and plant-based omega-3 supplements, improving microencapsulation and bioavailability, and expanding into functional foods and infant nutrition.
The Australian government supports the omega 3 market through research funding for the development of sustainable sources such as algae and plant-based oils. FSANZ regulates the use of omega 3 in food and supplements, ensuring compliance with safety and labeling standards. Import tariffs and product certification ensure that imported omega 3 products meet purity and quality requirements.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Omega-3 Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Omega-3 Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Omega-3 Market - Industry Life Cycle |
3.4 Australia Omega-3 Market - Porter's Five Forces |
3.5 Australia Omega-3 Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Omega-3 Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Australia Omega-3 Market Revenues & Volume Share, By Source, 2021 & 2031F |
4 Australia Omega-3 Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of omega-3 fatty acids |
4.2.2 Growing demand for dietary supplements and functional foods containing omega-3 |
4.2.3 Rising prevalence of chronic diseases driving the need for preventive healthcare |
4.3 Market Restraints |
4.3.1 Fluctuating prices of fish oil, a primary source of omega-3 |
4.3.2 Regulatory challenges related to health claims and labeling of omega-3 products |
4.3.3 Competition from plant-based sources of omega-3 such as flaxseed and chia seeds |
5 Australia Omega-3 Market Trends |
6 Australia Omega-3 Market, By Types |
6.1 Australia Omega-3 Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Omega-3 Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Australia Omega-3 Market Revenues & Volume, By DHA, 2021-2031F |
6.1.4 Australia Omega-3 Market Revenues & Volume, By EPA, 2021-2031F |
6.1.5 Australia Omega-3 Market Revenues & Volume, By ALA, 2021-2031F |
6.2 Australia Omega-3 Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Omega-3 Market Revenues & Volume, By Dietary Supplements, 2021-2031F |
6.2.3 Australia Omega-3 Market Revenues & Volume, By Functional Foods & Beverages, 2021-2031F |
6.2.4 Australia Omega-3 Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 Australia Omega-3 Market Revenues & Volume, By Infant Formula, 2021-2031F |
6.2.6 Australia Omega-3 Market Revenues & Volume, By Pet Food & Feed, 2021-2031F |
6.3 Australia Omega-3 Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Australia Omega-3 Market Revenues & Volume, By Marine , 2021-2031F |
6.3.3 Australia Omega-3 Market Revenues & Volume, By Plant, 2021-2031F |
7 Australia Omega-3 Market Import-Export Trade Statistics |
7.1 Australia Omega-3 Market Export to Major Countries |
7.2 Australia Omega-3 Market Imports from Major Countries |
8 Australia Omega-3 Market Key Performance Indicators |
8.1 Consumer engagement with omega-3 content on social media platforms |
8.2 Number of new product launches containing omega-3 in the Australian market |
8.3 Health professional recommendations of omega-3 supplements to patients |
8.4 Research and development investment in omega-3 fortified products |
8.5 Adoption rates of omega-3 enriched products in different consumer segments |
9 Australia Omega-3 Market - Opportunity Assessment |
9.1 Australia Omega-3 Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Omega-3 Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Australia Omega-3 Market Opportunity Assessment, By Source, 2021 & 2031F |
10 Australia Omega-3 Market - Competitive Landscape |
10.1 Australia Omega-3 Market Revenue Share, By Companies, 2024 |
10.2 Australia Omega-3 Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |