South 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)

Code: TIPRE00027467 | Pages: 93 | Industry: Food and Beverages | Date: Mar 2022 | Type: Regional

The omega-3 supplements market in South America is expected to grow from US$ 1,589.98 million in 2021 to US$ 2,905.07 million by 2028; it is estimated to grow at a CAGR of 9.0% 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.

 

Brazil has been ranked to be the world’s third-most affected economy due to the COVID -19 pandemic. In South America, Brazil has the highest number of COVID -19 cases, followed by Ecuador, Chile, Peru, and Argentina, among others. The governments in South America have taken an array of actions to protect their citizens and combat the spread of SARS-CoV-2 through lockdowns, trade bans, and travel restrictions. This may have a direct impact on the growth of the omega 3 supplements 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 South America omega-3 supplements market. The South America omega-3 supplements market is expected to grow at a good CAGR during the forecast period.

 

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

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

Get more information on this report :

South America Omega-3 Supplements Market Segmentation

 

South America Omega-3 Supplements Market – By Form

  • Capsules
  • Soft Gels
  • Others

South America Omega-3 Supplements Market – By Source

  • Fish Oil
  • Krill Oil
  • Algae Oil
  • Others

South America Omega-3 Supplements Market – By Distribution Channel

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

South America Omega-3 Supplements Market – By Country

  • Brazil
  • Argentina
  • Rest of SAM

South America Omega-3 Supplements Market – Companies Mentioned

  • Church & Dwight, Inc.                                  
  • NOW Foods                                          
  • Nordic Naturals                                    
  • Reckitt Benckiser Group plc.           
  • Pharma Nord B.V.                                    
  • 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.           South America Omega-3 Supplements Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.3         Expert Opinion

5.           South America Omega-3 Supplements Market — Key Market Dynamics

5.1         Key Market Drivers

5.1.1        Widening Awareness Regarding Chronic Diseases:

5.1.2        Extending Emphasis on Cognitive Development:

5.2         Key Market Restraints

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

5.3         Key Market Opportunities

5.3.1        Enriching Product Innovation Efforts by Companies

5.4         Future Trends

5.4.1        Broadening Consumers Preferences Toward Vegan Supplements:

5.5         Impact Analysis of Drivers and Restraint

6.           South America Omega-3 Supplements Market Analysis

6.1         South America Omega-3 Supplements Market Overview

6.1.1        South America: Omega 3 Supplements Market – Analysis and Forecast to 2028 (US$ Million)

7.           South America Omega-3 Supplements Market Analysis – By Form

7.1         Overview

7.2         South 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.           South America Omega-3 Supplements Market Analysis – By Source

8.1         Overview

8.2         South 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.           South America Omega-3 Supplements Market Analysis – By Distribution Channel

9.1         Overview

9.2         South 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.        South America Omega-3 Supplements Market– Country Analysis

10.1      Overview

10.1.1     South America Omega 3 Supplements Market, by Key Country

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

10.1.1.1.1       Brazil: Omega 3 Supplements Market, by Form

10.1.1.1.2       Brazil Omega 3 Supplements Market, by Source

10.1.1.1.3       Brazil: Omega 3 Supplements Market, by Distribution Channel

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

10.1.1.2.1       Argentina: Omega 3 Supplements Market, by Form

10.1.1.2.2       Argentina: Omega 3 Supplements Market, by Source

10.1.1.2.3       Argentina: Omega 3 Supplements Market, by Distribution Channel

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

10.1.1.3.1       Rest of SAM: Omega 3 Supplements Market, by Form

10.1.1.3.2       Rest of SAM: Omega 3 Supplements Market, by Source

10.1.1.3.3       Rest of SAM: Omega 3 Supplements Market, by Distribution Channel

11.        Impact of COVID-19 Pandemic on South 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      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

14.        Appendix

14.1      About The Insight Partners

14.2      Glossary of Terms

 


LIST OF TABLES

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

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

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

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

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

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

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

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

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

Table 10.          Rest of SAM Omega 3 Supplements Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

Table 11.          Glossary of Terms, South America Omega-3 Supplements Market

 


LIST OF FIGURES

Figure 1.           South America Omega-3 Supplements Market Segmentation

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

Figure 3.           South America Omega-3 Supplements Market Overview

Figure 4.           South America Omega-3 Supplements Market, By Source

Figure 5.           South America Omega-3 Supplements Market, By Country

Figure 6.           South America Omega-3 Supplements Market Players

Figure 7.           South America: PEST Analysis

Figure 8.           Expert Opinion

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

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

Figure 11.        South 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.        South America: 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.        South 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 South America Omega-3 Supplements Market

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

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

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

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

Figure 30.        Impact of COVID-19 Pandemic in South America 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.                         
Report Code
Full Name
Country Name
Email Id
Phone Number
Job Title
Company
Requirement

Note : Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.


Purchase Options
Single User License
$3000
Site License
$4000
Enterprise License
$5000