| Product Code: ETC4548625 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India omega-3 market import shipments exhibited robust growth with a CAGR of 27.1% from 2020 to 2024. The market saw accelerated expansion between 2023 and 2024, with a growth rate of 28.8%. Overall, the market expanded consistently, showing strong momentum and a positive upward trend.
The omega-3 market in India has witnessed notable growth in recent years, driven by the rising awareness of the health benefits associated with these essential fatty acids. Omega-3 fatty acids, found in fish, algae, and certain plant sources, are recognized for their potential in promoting heart health, cognitive function, and overall well-being. As consumers become more health-conscious and look for natural ways to improve their diet, the demand for omega-3 supplements and fortified food products has increased. The omega-3 market is expected to continue to grow as consumers prioritize their health and seek out such functional ingredients.
The India omega-3 market is experiencing growth due to several significant drivers. Omega-3 fatty acids are essential nutrients known for their various health benefits, particularly in heart and brain health. As consumers become more health-conscious, there is a growing demand for omega-3-rich products and dietary supplements. Omega-3 is a key component of the dietary supplement market, with applications in heart health, brain health, and overall well-being. Additionally, omega-3`s role in the food and beverage industry, particularly in fortifying various products, contributes to the market`s expansion. With ongoing research and awareness of omega-3`s health benefits, the market is expected to continue to grow in India.
The India omega-3 market faces multiple challenges. One of the primary obstacles is the limited awareness among consumers about the health benefits of omega-3 fatty acids, which are essential for heart and brain health. This lack of awareness translates into a slow adoption of omega-3-rich products. Sourcing high-quality omega-3 ingredients, particularly from marine sources, can be challenging due to concerns about sustainability and potential contamination. Regulatory hurdles related to labeling and health claims also affect the industry`s growth potential. Furthermore, competition from alternative sources of omega-3 and changing consumer preferences add to the market`s complexity. Lastly, ensuring product stability and preventing oxidation of omega-3 during processing and storage is a significant technical challenge for the industry.
The COVID-19 pandemic has significantly impacted the India Omega-3 market. With the outbreak, there has been a growing awareness of the importance of maintaining a healthy immune system, and Omega-3 fatty acids are known for their potential health benefits. This has driven a surge in demand for Omega-3 supplements and fortified food products. Consumers have become more health-conscious and are seeking products that can enhance their overall well-being. However, supply chain disruptions and lockdown measures have caused logistical challenges, affecting the availability of Omega-3 products. As a result, the market has seen fluctuations in pricing and availability. The pandemic has highlighted the importance of Omega-3 fatty acids in supporting overall health, which is expected to drive sustained growth in this market.
Key players in the India Omega-3 market include Epax, Croda International, Omega Protein, and BASF.
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 India Omega-3 Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Omega-3 Market Revenues & Volume, 2021 & 2031F |
3.3 India Omega-3 Market - Industry Life Cycle |
3.4 India Omega-3 Market - Porter's Five Forces |
3.5 India Omega-3 Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Omega-3 Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Omega-3 Market Revenues & Volume Share, By Source, 2021 & 2031F |
4 India Omega-3 Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of omega-3 fatty acids |
4.2.2 Rising incidence of lifestyle diseases such as cardiovascular diseases and obesity |
4.2.3 Growing demand for functional food and dietary supplements |
4.3 Market Restraints |
4.3.1 High cost associated with omega-3 products |
4.3.2 Limited availability of sustainable sources of omega-3 |
4.3.3 Regulatory challenges and lack of stringent quality control measures |
5 India Omega-3 Market Trends |
6 India Omega-3 Market, By Types |
6.1 India Omega-3 Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Omega-3 Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Omega-3 Market Revenues & Volume, By DHA, 2021-2031F |
6.1.4 India Omega-3 Market Revenues & Volume, By EPA, 2021-2031F |
6.1.5 India Omega-3 Market Revenues & Volume, By ALA, 2021-2031F |
6.2 India Omega-3 Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Omega-3 Market Revenues & Volume, By Dietary Supplements, 2021-2031F |
6.2.3 India Omega-3 Market Revenues & Volume, By Functional Foods & Beverages, 2021-2031F |
6.2.4 India Omega-3 Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 India Omega-3 Market Revenues & Volume, By Infant Formula, 2021-2031F |
6.2.6 India Omega-3 Market Revenues & Volume, By Pet Food & Feed, 2021-2031F |
6.3 India Omega-3 Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 India Omega-3 Market Revenues & Volume, By Marine , 2021-2031F |
6.3.3 India Omega-3 Market Revenues & Volume, By Plant, 2021-2031F |
7 India Omega-3 Market Import-Export Trade Statistics |
7.1 India Omega-3 Market Export to Major Countries |
7.2 India Omega-3 Market Imports from Major Countries |
8 India Omega-3 Market Key Performance Indicators |
8.1 Consumer adoption rate of omega-3 fortified products |
8.2 Number of new product launches in the omega-3 market |
8.3 Level of investment in research and development for omega-3 products |
8.4 Percentage of population meeting recommended omega-3 intake levels |
8.5 Consumer perception and trust in omega-3 products |
9 India Omega-3 Market - Opportunity Assessment |
9.1 India Omega-3 Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Omega-3 Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Omega-3 Market Opportunity Assessment, By Source, 2021 & 2031F |
10 India Omega-3 Market - Competitive Landscape |
10.1 India Omega-3 Market Revenue Share, By Companies, 2024 |
10.2 India Omega-3 Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here