North America 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)
The omega-3 supplements market in North America is expected to grow from US$ 11,207.31 million in 2021 to US$ 18,825.60 million by 2028; it is estimated to grow at a CAGR of 7.7% from 2021 to 2028.
Omega-3 supplements contain high concentrations of omega-3 fatty acids such as eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA), along with numerous vitamins and minerals required by the human body to maintain overall health and wellness. In the past few years, stressful and hectic lifestyles and hasty dietary habits have significantly hampered the nutritional intake of consumers. In addition, the deficiency of omega-3 can cause a red, swollen, itchy rash on the skin, along with making it rough and scaly; the deficiency may also lead to many chronic diseases among individuals. According to the World Health Organization (WHO), 41 million people die due to chronic diseases every year, accounting for 71% of total deaths worldwide. More than 15 million people belonging to the age group of 30–69 die from a chronic disease every year, while 85% of the "premature" deaths occur in low- and middle-income nations. Cardiovascular diseases account for the majority of chronic disease mortality (17.9 million persons per year), followed by cancer (9.3 million), respiratory disorders (4.1 million), and diabetes (1.5 million). The EPA and DHA in omega-3 supplements help reduce the risk of heart diseases by improving metabolic and cardiovascular health. They also exhibit anti-inflammatory properties and strengthen the immune system by promoting the function of immune cells. Further, a sedentary lifestyle has resulted in an increase in the number of chronic diseases, which is likely to drive product demand. The omega-3 supplements may help reduce the chance of irregular heartbeats or arrhythmias, which can result in the abrupt death of patients. It also aids in the reduction of triglyceride levels, slowing of atherosclerotic plaque growth rate, and reduction of blood pressure. With the growing focus on preventative care as a crucial tool to attain a healthier lifestyle, consumers are increasingly shifting to healthier food and supplement choices. As a result, omega-3 supplements are becoming more popular due to their attractive vitamin, protein, and mineral content. Thus, a rise in awareness regarding chronic health conditions has increased the daily intake of omega-3 supplements, which is driving the omega 3 supplements market growth.
North America is one of the worst-affected economies due to the COVID -19 pandemic. Notable disruption in manufacturing facilities, along with disturbed raw material sourcing, has harmed the production of omega 3 supplements in the region. However, the growing consumer focus on health and wellbeing is boosting the demand for omega 3 supplements in the regional market. As per an article published by National Center for Biotechnology Information (NCBI), the presence of poor nutritional patterns and the pre-existing noncommunicable diseases (NCDs) such as diabetes, chronic lung diseases, and cardiovascular diseases (CVDs) in North American countries have made the patient immunocompromised. Hence, the consumption of ~250–500 mg of combined EPA and DHA each day has been recommended for healthy adults to fight against emerging microbes. This is expected to promote the demand for omega 3 supplements in the region in the long run.
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 North America omega-3 supplements market. The North America omega-3 supplements market is expected to grow at a good CAGR during the forecast period.
North America Omega-3 Supplements Market Revenue and Forecast to 2028 (US$ Million)
North America Omega-3 Supplements Market Segmentation
North America Omega-3 Supplements Market – By Form
- Capsules
- Soft Gels
- Others
North America Omega-3 Supplements Market – By Source
- Fish Oil
- Krill Oil
- Algae Oil
- Others
North America Omega-3 Supplements Market – By Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Stores
- Others
North America Omega-3 Supplements Market – By Country
- US
- Canada
- Mexico
North America Omega-3 Supplements Market – Companies Mentioned
- Church & Dwight, Inc.
- Prestige Consumer Healthcare Inc.
- NOW Foods
- Nordic Naturals
- Reckitt Benckiser Group plc.
- Pharma Nord B.V.
- Rimfrost As
- Pharmavite LLC
- Quten Research Institute
- 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. North America Omega-3 Supplements Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Expert Opinion
5. North America Omega-3 Supplements Market — Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Increasing Awareness Regarding Chronic Diseases:
5.1.2 Surging Emphasis on Cognitive Development:
5.2 Key Market Restraints
5.2.1 Limited clarity among consumers about the daily recommended intake:
5.3 Key Market Opportunities
5.3.1 Raising Product Innovation Efforts by Companies
5.4 Future Trends
5.4.1 Growing Consumers Preferences Toward Vegan Supplements:
5.5 Impact Analysis of Drivers and Restraint
6. North America Omega-3 Supplements Market Analysis
6.1 North America Omega-3 Supplements Market Overview
6.2 North America Omega-3 Supplements Market – Analysis and Forecast to 2028 (US$ Million)
7. North America Omega-3 Supplements Market Analysis – By Form
7.1 Overview
7.2 North America: 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. North America Omega-3 Supplements Market Analysis – By Source
8.1 Overview
8.2 North America: Omega-3 Supplements 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. North America Omega-3 Supplements Market Analysis – By Distribution Channel
9.1 Overview
9.2 North America 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. North America Omega-3 Supplements Market– Country Analysis
10.1 Overview
10.1.1 North America: Omega-3 Supplements Market, by Key Country
10.1.1.1 US: Omega-3 Supplements Market –Analysis and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Omega-3 Supplements Market, by Form
10.1.1.1.2 US: Omega-3 Supplements Market, by Source
10.1.1.1.3 US: Omega 3 Supplements Market, by Distribution Channel
10.1.1.2 Canada: Omega 3 Supplements Market –Analysis and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Omega 3 Supplements Market, by Form
10.1.1.2.2 Canada: Omega 3 Supplements Market, by Source
10.1.1.2.3 Canada: Omega 3 Supplements Market, by Distribution Channel
10.1.1.3 Mexico: Omega 3 Supplements Market –Analysis and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Omega 3 Supplements Market, by Form
10.1.1.3.2 Mexico Omega 3Supplements Market, by Source
10.1.1.3.3 Mexico: Omega 3 Supplements Market, by Distribution Channel
11. Impact of COVID-19 Pandemic on North America Omega-3 Supplements Market
11.1 Overview
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 Prestige Consumer Healthcare Inc.
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 Pharmavite LLC
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 Quten Research Institute
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 Epion Brands
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 NOW Foods
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 Nordic Naturals
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
13.8 Reckitt Benckiser Group plc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Pharma Nord B.V.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Rimfrost As
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Omega-3 Supplements Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. US Omega-3 Supplements Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 3. US Omega-3 Supplements Market, by Source– Revenue and Forecast to 2028 (US$ Million)
Table 4. US Omega 3 Supplements Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada Omega 3 Supplements Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada Omega 3 Supplements Market, by Source– Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada Omega 3 Supplements Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico Omega 3 Supplements Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico Omega 3Supplements Market, by Source– Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico Omega 3 Supplements Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)
Table 11. Glossary of Terms, North America omega-3 supplements market
LIST OF FIGURES
Figure 1. North America Omega-3 Supplements Market Segmentation
Figure 2. North America Omega-3 Supplements Market Segmentation – By Country
Figure 3. North America Omega-3 Supplements Market Overview
Figure 4. North America Omega-3 Supplements Market, By Source
Figure 5. North America Omega-3 Supplements Market, By Country
Figure 6. North America Omega-3 Supplements Market Players
Figure 7. North America: PEST Analysis
Figure 8. Expert Opinion
Figure 9. North America Omega-3 Supplements Market Impact Analysis of Drivers and Restraints
Figure 10. North America: Omega-3 Supplements Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. North America: 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. North America: Omega-3 Supplements Market Revenue Share, by Form (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. North America 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 North America Omega-3 Supplements Market
Figure 26. North America: Omega-3 Supplements Market Revenue Share, by Key Country (2020 and 2028)
Figure 27. Canada: Omega 3 Supplements Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. Mexico: Omega 3Supplements Market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. Impact of COVID-19 Pandemic in North American Country Markets
- Church & Dwight, Inc.
- Prestige Consumer Healthcare Inc.
- NOW Foods
- Nordic Naturals
- Reckitt Benckiser Group plc.
- Pharma Nord B.V.
- Rimfrost As
- Pharmavite LLC
- Quten Research Institute
- Epion Brands
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America omega-3 supplements market.
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