Europe Omega-3 Supplements Market Forecast to 2028 - COVID-19 Impact and Regional 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)

TIPRE00019839 | Pages: 109 | Food and Beverages | Feb 2021 | Type: Regional | Status: Published

The omega-3 supplements market in Europe is expected to grow from US$ 8,036.57 million in 2021 to US$ 14,080.95 million by 2028; it is estimated to grow at a CAGR of 8.3% from 2021 to 2028.

 

In recent years, in recent years, the omega 3 supplements market has experienced various technological advancements. Companies continuously engage in new product developments. They are conducting R&D activities to improve their existing products by modifying sources or introducing new product forms. Currently, capsules and soft gels are among the most popular forms in which omega-3 supplements are being offered. However, to cater to the changing tastes and preferences of customers, companies are focusing on introducing omega- 3 in new forms such as powders, candies, and gummies. Candies and gummies are gaining popularity among consumers due to enhanced taste and texture compared to fish oil supplements. Further, companies are also exploring the replacement of traditional sources such as algae and fish oil with new sources such as chia seeds, flax seeds, and walnuts, along with other plant-based sources. Depleting marine sources and increasing consumer inclination toward veganism have encouraged manufacturers to discover alternative sources. For instance, in October 2018, Cargill introduced “Latitude,” a plant-based sustainable alternative source of Omega 3 for fish feed applications. Moreover, in June 2021, Polaris introduced Omegavie DHA 800 oil derived from the microalgae Schizochytrium sp. The oil has a high DHA concentration of ~800 mg/g, which can be utilized to make vegan DHA capsules or tablets. Thus, product innovation efforts are creating lucrative growth opportunities for the omega 3 supplements market players.

 

In Europe, currently France, the UK, and Russia are the worst-impacted countries by the COVID-19 pandemic. The region is estimated to suffer an economic hit due to the lack of revenue from various industries subjected to disruption in supply chain. However, shift in consumer lifestyle and rise in preference towards healthy dietary practices have substantially promoted the demand for omega-3 supplements in the regional market.

 

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 Europe omega-3 supplements market. The Europe omega-3 supplements market is expected to grow at a good CAGR during the forecast period.

 

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

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

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Europe Omega-3 Supplements Market Segmentation

 

Europe Omega-3 Supplements Market – By Form

  • Capsules
  • Soft Gels
  • Others

Europe Omega-3 Supplements Market – By Source

  • Fish Oil
  • Krill Oil
  • Algae Oil
  • Others

Europe Omega-3 Supplements Market – By Distribution Channel

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

Europe Omega-3 Supplements Market – By Country

  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe

Europe Omega-3 Supplements Market – Companies Mentioned

  • Church & Dwight, Inc.                                  
  • NOW Foods                                          
  • Nordic Naturals                                    
  • Reckitt Benckiser Group plc.           
  • Pharma Nord B.V.                             
  • Rimfrost As       
  • Epion Brands                                                                                    

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection

3.2.2        Primary Interviews

3.2.3        Hypothesis Formulation

3.2.4        Macro-economic Factor Analysis

3.2.5        Developing Base Number

3.2.6        Data Triangulation

3.2.7        Country Level Data

4.           Europe Omega-3 Supplements Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.3         Expert Opinion

5.           Europe Omega-3 Supplements Market — Key Market Dynamics

5.1         Key Market Drivers

5.1.1        Enhancing Awareness Regarding Chronic Diseases:

5.1.2        Burgeoning Emphasis on Cognitive Development:

5.2         Key Market Restraints

5.2.1        Absence of clarity among consumers about the daily recommended intake:

5.3         Key Market Opportunities

5.3.1        Advancing Product Innovation Efforts by Companies

5.4         Future Trends

5.4.1        Fostering Consumers Preferences Toward Vegan Supplements:

5.5         Impact Analysis of Drivers and Restraint

6.           Europe Omega-3 Supplements Market Analysis

6.1         Europe Omega-3 Supplements Market Overview

6.2         Europe: Omega 3 Supplements Market – Analysis and Forecast to 2028 (US$ Million)

7.           Europe Omega-3 Supplements Market Analysis – By Form

7.1         Overview

7.2         Europe Omega 3 Supplements Market, by Form

7.3         Capsules

7.3.1.1          Overview

7.3.1.2          Capsules: Omega-3 Supplements Market – Revenue and Forecast to 2028 (US$ Million)

7.4         Soft Gels

7.4.1.1          Overview

7.4.1.2          Soft Gels: Omega-3 Supplements Market – Revenue and Forecast to 2028 (US$ Million)

7.5         Others

7.5.1        Overview

7.5.2        Others: Omega-3 Supplements Market – Revenue and Forecast to 2028 (US$ Million)

8.           Europe Omega-3 Supplements Market Analysis – By Source

8.1         Overview

8.2         Europe Omega 3Supplements Market, by Source

8.3         Fish Oil

8.3.1        Overview

8.3.2        Fish Oil : Omega-3 Supplements Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Krill Oil

8.4.1        Overview

8.4.2        Krill Oil: Omega-3 Supplements Market – Revenue and Forecast to 2028 (US$ Million)

8.5         Algae Oil

8.5.1        Overview

8.5.2        Algae Oil: Omega-3 Supplements Market – Revenue and Forecast to 2028 (US$ Million)

8.6         Others

8.6.1        Overview

8.6.2        Others: Omega-3 Supplements Market – Revenue and Forecast to 2028 (US$ Million)

9.           Europe Omega-3 Supplements Market Analysis – By Distribution Channel

9.1         Overview

9.2         Europe Omega 3 Supplements Market, by Distribution Channel

9.3         Supermarkets and Hypermarkets

9.3.1        Overview

9.3.2        Supermarkets and Hypermarkets: Omega-3 Supplement Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Specialty Stores

9.4.1        Overview

9.4.2        Specialty Stores: Omega-3 Supplement Market – Revenue and Forecast to 2028 (US$ Million)

9.5         Online Stores

9.5.1        Overview

9.5.2        Online Stores: Omega-3 Supplement Market – Revenue and Forecast to 2028 (US$ Million)

9.6         Others

9.6.1        Overview

9.6.2        Others: Omega-3 Supplement Market – Revenue and Forecast to 2028 (US$ Million)

10.        Europe Omega-3 Supplements Market– Country Analysis

10.1      Overview

10.1.1     Europe: Omega 3 Supplements Market, by Key Country

10.1.1.1       Germany: Omega 3Supplements Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.1.1       Germany: Omega 3 Supplements Market, by Form

10.1.1.1.2       Germany: Omega 3 Supplements Market, by Source

10.1.1.1.3       Germany: Omega 3 Supplements Market, by Distribution Channel

10.1.1.2       France: Omega 3 Supplements Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.2.1       France: Omega 3 Supplements Market, by Form

10.1.1.2.2       France Omega 3Supplements Market, by Source

10.1.1.2.3       France: Omega 3 Supplements Market, by Distribution Channel

10.1.1.3       UK: Omega 3 Supplements Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.3.1       UK: Omega 3 Supplements Market, by Form

10.1.1.3.2       UK: Omega 3Supplements Market, by Source

10.1.1.3.3       UK: Omega 3 Supplements Market, by Distribution Channel

10.1.1.4       Italy: Omega 3 Supplements Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.4.1       Italy: Omega 3 Supplements Market, by Form

10.1.1.4.2       Italy: Omega 3Supplements Market, by Source

10.1.1.4.3       Italy: Omega 3 Supplements Market, by Distribution Channel

10.1.1.5       Russia: Omega 3 Supplements Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.5.1       Russia: Omega 3 Supplements Market, by Form

10.1.1.5.2       Russia: Omega 3 Supplements Market, by Source

10.1.1.5.3       Russia: Omega 3 Supplements Market, by Distribution Channel

10.1.1.6       Rest of Europe: Omega 3Supplements Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.6.1       Rest of Europe: Omega 3Supplements Market, by Form

10.1.1.6.2       Rest of Europe Omega 3 Supplements Market, by Source

10.1.1.6.3       Rest of Europe: Omega 3 Supplements Market, by Distribution Channel

11.        Impact of COVID-19 Pandemic on Europe Omega-3 Supplements Market

11.1      Europe: Impact Assessment of COVID-19 Pandemic

12.        Industry Landscape

12.1      Product & Service Launch

12.2      Merger & Acquisition

13.        Company Profiles

13.1      Church & Dwight, Inc.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Epion Brands

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      NOW Foods

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Nordic Naturals

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Reckitt Benckiser Group plc.

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Pharma Nord B.V.

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      Rimfrost As

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Glossary of Terms

 

 

LIST OF TABLES

Table 1.             Europe Omega-3 Supplements Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             Germany Omega 3Supplements Market, by Form– Revenue and Forecast to 2028 (US$ Million)

Table 3.             Germany Omega 3Supplements Market, by Source– Revenue and Forecast to 2028 (US$ Million)

Table 4.             Germany Omega 3 Supplements Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

Table 5.             France Omega 3 Supplements Market, by Form– Revenue and Forecast to 2028 (US$ Million)

Table 6.             France Omega 3 Supplements Market, by Source– Revenue and Forecast to 2028 (US$ Million)

Table 7.             France Omega 3 Supplements Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

Table 8.             UK Omega 3 Supplements Market, by Form – Revenue and Forecast to 2028 (US$ Million)

Table 9.             UK Omega 3 Supplements Market, by Source– Revenue and Forecast to 2028 (US$ Million)

Table 10.          UK Omega 3 Supplements Market, by Distribution Channel– Revenue and Forecast to 2028 (US$

Table 11.          Italy Omega 3Supplements Market, by Form– Revenue and Forecast to 2028 (US$ Million)

Table 12.          Italy Omega 3Supplements Market, by Source– Revenue and Forecast to 2028 (US$ Million)

Table 13.          Italy Omega 3Supplements Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

Table 14.          Russia Omega 3Supplements Market, by Form – Revenue and Forecast to 2028 (US$ Million)

Table 15.          Russia Omega 3 Supplements Market, by Source– Revenue and Forecast to 2028 (US$ Million)

Table 16.          Russia Omega 3 Supplements Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

Table 17.          Rest of Europe Omega 3 Supplements Market, by Form – Revenue and Forecast to 2028 (US$ Million)

Table 18.          Rest of Europe Omega 3 Supplements Market, by Source– Revenue and Forecast to 2028 (US$ Million)

Table 19.          Rest of Europe Omega 3 Supplements Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

Table 20.          Glossary of Terms, Europe Omega-3 Supplements Market

 

 

LIST OF FIGURES

Figure 1.           Europe Omega-3 Supplements Market Segmentation

Figure 2.           Europe Omega-3 Supplements Market Segmentation – By Country

Figure 3.           Europe Omega-3 Supplements Market Overview

Figure 4.           Europe Omega-3 Supplements Market, By Source

Figure 5.           Europe Omega-3 Supplements Market, By Country

Figure 6.           Europe Omega-3 Supplements Market Players

Figure 7.           Europe: PEST Analysis

Figure 8.           Expert Opinion

Figure 9.           Europe Omega-3 Supplements Market Impact Analysis of Drivers and Restraints

Figure 10.        Europe: Omega 3 Supplements Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        Europe Omega 3 Supplements Market Revenue Share, by Form (2020 and 2028)

Figure 12.        Capsules: Omega-3 Supplements Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        Soft Gels: Omega-3 Supplements Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Others: Omega-3 Supplements Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Europe Omega 3 Supplements Market Revenue Share, by Source (2020 and 2028)

Figure 16.        Fish Oil : Omega-3 Supplements Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Krill Oil: Omega-3 Supplements Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Algae Oil: Omega-3 Supplements Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Others: Omega-3 Supplements Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Europe: Omega 3 Supplements Market Revenue Share, by Distribution Channel (2020 and 2028)

Figure 21.        Supermarkets and Hypermarkets: Omega-3 Supplement Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Specialty Stores: Omega-3 Supplement Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Online Stores: Omega-3 Supplement Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Others: Omega-3 Supplement Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Geographic Overview of Europe Omega-3 Supplements Market

Figure 26.        Europe: Omega 3 Supplements Market Revenue Share, by Key Country (2020 and 2028)

Figure 27.        Germany: Omega 3Supplements Market –Revenue and Forecast to 2028 (US$ Million)

Figure 28.        France: Omega 3 Supplements Market –Revenue and Forecast to 2028 (US$ Million)

Figure 29.        UK: Omega 3 Supplements Market –Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Italy: Omega 3 Supplements Market –Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Russia: Omega 3 Supplements Market –Revenue and Forecast to 2028 (US$ Million)

Figure 32.        Rest of Europe: Omega 3 Supplements Market –Revenue and Forecast to 2028 (US$ Million)

Figure 33.        Impact of COVID-19 Pandemic in Europe Country Markets

  1. Church & Dwight, Inc.    
  2. Epion Brands                                                                                                                  
  3. NOW Foods                                          
  4. Nordic Naturals                                    
  5. Reckitt Benckiser Group plc.           
  6. Pharma Nord B.V.                            
  7. Rimfrost As       
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe omega-3 supplements market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe omega-3 supplements market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the omega-3 supplements market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution  
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