The Global Organization for EPA and DHA Omega-3s (GOED) has published the 2022 edition of its annual Global EPA and DHA Omega-3 Ingredient Market Report. The report details the entire EPA and DHA omega-3 industry in the raw materials segment of the supply chain, which was a 115,031 metric ton (mT) market in 2021. Volume increased 2.1% last year, while the value of omega-3 ingredients increased 5.5%, to US$1.53 billion. As shown below, the industry is projected to reach 121,266 metric tons by 2024 to at an average annual growth rate of 1.8% globally.
This year’s report includes market figures for 14 omega-3 sources in 11 geographies and six end product applications (dietary supplements, pharmaceuticals, infant formula, food and beverage, pet food and clinical nutrition). There are over 100 charts and tables detailing the volume and value of omega-3 sources, regions and end product applications in 2021, with forecasts through 2024.
New this year: To help companies navigate all the information provided, GOED has added “at a glance” charts to each section and created a set of PowerPoint slides with key market figures for companies to include in market presentations. The report also includes an Excel document with all the raw data as well as a forecast generator tool.
As a result of GOED’s intimate knowledge of the category and its access to proprietary sales data from member companies, the report is considered the most accurate and comprehensive report available on the global EPA and DHA industry. A sample of the report, as well as purchase information, is available on the GOED website.