Report Overview

Middle East and Africa Omega 3 Supplements Market – Industry Trends & Forecast Report, 2030

Middle East and Africa Omega 3 Supplements Market size was estimated at USD 73.52 million in 2023. During the forecast period between 2024 and 2030, the Middle East and Africa Omega 3 Supplements Market size is projected to grow at a CAGR of 6.24% reaching a value of USD 112.34 million by 2030. Growing awareness about the health benefits of Omega-3 fatty acids, such as heart health and cognitive function, is driving consumer interest in Omega-3 supplements. An increase in disposable income in the Middle East and Africa has led to a greater willingness to spend on health and wellness products, including Omega-3 supplements. The overall growth of the health and wellness industry in the region, coupled with a focus on preventive healthcare, is contributing to the demand for Omega-3 supplements. Manufacturers are introducing a variety of Omega-3 supplement products, including capsules, soft gels, and fortified foods, catering to diverse consumer preferences and lifestyles. Supportive government initiatives promoting health and wellness, coupled with regulations emphasizing the importance of nutritional supplements, create a conducive environment for market growth. The aging population in the Middle East and Africa is driving the demand for supplements that support joint and cognitive health, wherein Omega-3 supplements play a significant role. The increasing penetration of e-commerce platforms provides consumers with convenient access to a wide range of Omega-3 supplements, fostering market growth.

Omega 3 Supplements – Overview

Omega-3 supplements are dietary supplements that include important fatty acids such as omega-3 fatty acids. These supplements are made from fish oil, krill oil, cod liver oil, and algae oil. Omega-3 fatty acids serve important roles in the human body and are linked to a variety of health advantages.  Omega-3 supplements are frequently prescribed for people who do not eat enough omega-3 fatty acids from their diet. These supplements offer an easy way to ensure an appropriate intake of these critical elements required for good health. While most people get enough ALA from their diet, extra supplementation with EPA and DHA may be advantageous for those who do not routinely consume sources of these fatty acids, such as fatty fish or flaxseed oil.

Middle East and Africa Omega 3 Supplements Market

Growth Drivers

Awareness of Health Benefits

The awareness of health benefits associated with Omega-3 fatty acids is a significant driver for the Middle East and Africa Omega-3 Supplements market. The rising awareness among consumers about the positive impact of Omega-3 fatty acids on overall health is driving the demand for Omega-3 supplements. Omega-3 fatty acids are well-known for their cardiovascular health benefits, including reducing the risk of heart diseases. This awareness is particularly influencing consumer choices in the Middle East and Africa. The understanding of Omega-3's role in supporting cognitive functions and brain health contributes to the market growth, especially as consumers seek products promoting overall well-being. Omega-3 supplements are perceived to have anti-inflammatory properties, supporting joint health. This knowledge drives the market as consumers look for holistic solutions for various health concerns. Awareness campaigns and initiatives by health organizations and governments in the region emphasizing the importance of Omega-3 for health contribute to increased consumer awareness and adoption.

Challenges

Supply Chain Disruptions

Restrictions on movement and trade have led to challenges in logistics, making it difficult to transport raw materials and finished Omega-3 products across the supply chain. This has resulted in delays and uncertainties in meeting market demand. The disruptions have adversely affected the food and beverages industry, where the Omega-3 Supplements market operates. Challenges include supply chain disruptions, lockdowns, travel bans, and business interruptions, collectively impacting the industry's efficiency and growth. Disruptions in the supply chain have led to reduced availability of Omega-3 products, affecting market dynamics. This challenge poses difficulties for manufacturers, distributors, and retailers in maintaining a steady and reliable supply of Omega-3 supplements to meet consumer demands. Despite these challenges, the industry is likely to adapt by implementing resilient supply chain strategies and leveraging technology to mitigate the impact of disruptions and ensure the continued availability of Omega-3 supplements in the Middle East and Africa.

Impact of Escalating Geopolitical Tensions on Middle East and Africa Omega 3 Supplements Market

Middle East and Africa Omega-3 Supplements market faces potential impacts due to escalating geopolitical tensions. Geopolitical tensions can lead to disruptions in supply chains, affecting the production and distribution of Omega-3 supplements. Increased uncertainty and instability may hinder the smooth flow of goods across borders, impacting market availability. Geopolitical tensions often correlate with economic uncertainties. Market participants may experience challenges in planning and investment decisions, potentially impacting the growth trajectory of the Omega-3 supplements market in the region. Political instability can influence consumer confidence, leading to changes in purchasing behavior. Uncertain geopolitical environments may affect consumers' willingness to spend on non-essential products like dietary supplements, impacting market demand. Geopolitical tensions may contribute to currency fluctuations, affecting the cost of imports and exports. For the Omega-3 market, which may rely on international trade for ingredients or finished products, currency volatility can impact pricing and overall market dynamics. While the direct impact of geopolitical tensions on the Omega-3 market may vary, it is crucial for industry stakeholders to monitor geopolitical developments and adopt adaptive strategies to navigate potential challenges.

Middle East and Africa Omega 3 Supplements Market

Segmental Coverage

Middle East and Africa Omega 3 Supplements Market – By Form

Based on form, Middle East and Africa Omega 3 supplements market is divided into tablets, capsules, soft gels, and others. The soft gels segment of Omega 3 supplements is expected to hold a significant market share during the forecast period. Consumers prefer soft gels over capsules and tablets because they are easier to swallow, tasteless, and have no disagreeable odour. This consumer preference for soft gels improves compliance and satisfaction, boosting their market share. Soft gels provide a convenient way to provide omega-3 fatty acids while also providing perfect dosage control and nutrient delivery. The gelatinous shell of soft gels helps hide any potential fishy aftertaste associated with omega-3 supplements, hence improving overall user experience and pleasure.

Middle East and Africa Omega 3 Supplements Market – By Source

Based on source, the Middle East and Africa Omega 3 supplements market is segmented into fish oil, krill oil, algae oil and others. During the forecast period, the fish oil segment is anticipated to hold a significant market share. This prominence can be attributed to several key factors. Firstly, fish oil has a long-established presence in the market, enjoying widespread consumer acceptance and trust. Its popularity can be linked to the familiarity and recognition of fish oil as a rich source of omega-3 fatty acids, particularly EPA and DHA, known for their various health benefits. Secondly, fish oil products have demonstrated proven efficacy in scientific research, contributing to their positive image and driving consumer preference. The extensive media exposure and positive coverage further enhance consumer awareness and confidence in fish oil supplements. Moreover, the versatility of fish oil, commonly used in dietary supplements and functional foods, positions it as a versatile and easily incorporable source of omega-3s into daily routines. This adaptability contributes to its dominant market share.

Middle East and Africa Omega 3 Supplements Market – By Country

The in-depth research report on the Middle East and Africa Omega 3 Supplements Market covers a number of major countries across the region: Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria and Rest of MEA. The Middle East and Africa Omega 3 Supplements Market is currently being dominated by Saudi Arabia. The dominance of Saudi Arabia in the Middle East and Africa Omega-3 Supplements market can be attributed to several factors. Firstly, Saudi Arabia has a robust healthcare infrastructure and an increasing emphasis on preventive healthcare, driving the demand for nutritional supplements like Omega-3. Furthermore, Saudi Arabia's economic stability and higher per capita income contribute to increased purchasing power, allowing consumers to invest in premium healthcare products. Saudi Arabia's strategic geographic location and trade relations facilitate efficient supply chain management, ensuring a steady flow of Omega-3 supplements to meet the rising demand in the market.

Competitive Landscape

Major players operating in Middle East and Africa Omega 3 Supplements Market include BASF, Jamjoom Pharma, Dr Nutrition KSA, Now Foods, Nordic Naturals, GSK, Vivo Life SA, Croda Pharma, Corbion. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new Source launches.

Recent Developments

• In April 2023 - Humanitiv, an animal and food nutrition company, has announced a partnership with Tanmiah to help provide omega-3-enriched chicken to the Middle East.

Scope of the Report

By Form

• Tablets

• Capsules

• Soft Gels

• Others

By Source

• Fish Oil

• Krill Oil

• Algae Oil

• Others

By Distribution Channel

• OTC

  1. Supermarkets/ Hypermarkets/Food Stores

  2. Drug Stores & Pharmacies

  3. Online Retailers

  4. Others

• Prescribed

By End User

• Adults

• Geriatric

• Pregnant Women

• Children

• Infants

By Country

• Saudi Arabia

• UAE

• Qatar

• Kuwait

• South Africa

• Nigeria

• Algeria

• Rest of MEA

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3.  Middle East and Africa Omega 3 Supplements Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Awareness of health benefits
         2. Prevalence of chronic diseases
         3. Expansion of retail channels
         4. Government initiatives for health promotion
      2. Restraints
         1. Stringent regulatory frameworks
         2. Preference for obtaining nutrients through natural food
         3. Limited product diversity
      3. Opportunities
         1. Growing health consciousness
         2. Rising incidence of lifestyle diseases
         3. Increased consumer spending on health and wellness
      4. Challenges
         1. Supply chain disruptions
         2. Competition from traditional diets
         3. Quality and purity concerns
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Middle East and Africa Omega 3 Supplements Market, Pricing Analysis
5. Middle East and Africa Omega 3 Supplements Market: Marketing Strategies
6. Middle East and Africa Omega 3 Supplements Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
   2. Market Share and Forecast
      1. By Form
         1. Tablets
         2. Capsules
         3. Soft Gels
         4. Others
      2. By Source
         1. Fish Oil
         2. Krill Oil
         3. Algae Oil
         4. Others
      3. By Distribution Channel
         1. OTC
            1. Supermarkets/ Hypermarkets/Food Stores
            2. Drug Stores & Pharmacies
            3. Online Retailers
            4. Others
         2. Prescribed
      4. By End User
         1. Adults
         2. Geriatric
         3. Pregnant Women
         4. Children
         5. Infants
      5. By Country
         1. Saudi Arabia
         2. UAE
         3. Qatar
         4. Kuwait
         5. South Africa
         6. Nigeria
         7. Algeria
         8. Rest of MEA
7. Saudi Arabia Omega 3 Supplements Market
   1. Market Size & Forecast, 2019-2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Form
      2. By Source
      3. By Distribution Channel
      4. By End User
8. UAE Omega 3 Supplements Market
   1. Market Size & Forecast, 2019-2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Form
      2. By Source
      3. By Distribution Channel
      4. By End User
9. Qatar Omega 3 Supplements Market
   1. Market Size & Forecast, 2019-2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Form
      2. By Source
      3. By Distribution Channel
      4. By End User
10. Kuwait Omega 3 Supplements Market
    1. Market Size & Forecast, 2019-2030
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Form
       2. By Source
       3. By Distribution Channel
       4. By End User
11. South Africa Omega 3 Supplements Market
    1. Market Size & Forecast, 2019-2030
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Form
       2. By Source
       3. By Distribution Channel
       4. By End User
12. Nigeria Omega 3 Supplements Market
    1. Market Size & Forecast, 2019-2030
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Form
       2. By Source
       3. By Distribution Channel
       4. By End User
13. Algeria Omega 3 Supplements Market
    1. Market Size & Forecast, 2019-2030
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Form
       2. By Source
       3. By Distribution Channel
       4. By End User
14. Rest of MEA Omega 3 Supplements Market
    1. Market Size & Forecast, 2019-2030
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Form
       2. By Source
       3. By Distribution Channel
       4. By End User
15. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Middle East and Africa Omega 3 Supplements Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
16. Middle East and Africa Omega 3 Supplements Market: Import & Export
17. Impact of Geopolitical Tension in Middle East and Africa Omega 3 Supplements Market
18. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. BASF
    2. Jamjoom Pharma
    3. Dr Nutrition KSA
    4. Now Foods
    5. Nordic Naturals
    6. GSK
    7. Vivo Life SA
    8. Croda Pharma
    9. Corbion
    10. Other Prominent Players
19. Key Strategic Recommendations
20. Research Methodology
    1.    Qualitative Research
       1.  Primary & Secondary Research
    2.    Quantitative Research
    3.    Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4.    Breakdown of Primary Research Respondents, By Country
    5.    Assumptions & Limitations

*Financial information of case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

Figures

Figure 1       The Middle East & Africa Omega 3 Supplements Market Size, By Value (USD Million), 2019-2030

Figure 2       The Middle East & Africa Omega 3 Supplements Market Share, By Form, By Value, 2019-2030

Figure 3       The Middle East & Africa Omega 3 Supplements Market Share, By Source, By Value, 2019-2030

Figure 4       The Middle East & Africa Omega 3 Supplements Market Share, By Distribution Channel, By Value, 2019-2030

Figure 5       The Middle East & Africa Omega 3 Supplements Market Share, By End User, By Value, 2019-2030

Figure 6       The Middle East & Africa Omega 3 Supplements Market Share, By Country, By Value, 2019-2030

Figure 7       Saudi Arabia Omega 3 Supplements Market Size, By Value (USD Million), 2019-2030

Figure 8       Saudi Arabia Omega 3 Supplements Market Share, By Form, By Value, 2019-2030

Figure 9       Saudi Arabia Omega 3 Supplements Market Share, By Source, By Value, 2019-2030

Figure 10     Saudi Arabia Omega 3 Supplements Market Share, By Distribution Channel, By Value, 2019-2030

Figure 11     Saudi Arabia Omega 3 Supplements Market Share, By End User, By Value, 2019-2030

Figure 12     UAE Omega 3 Supplements Market Size, By Value (USD Million), 2019-2030

Figure 13     UAE Omega 3 Supplements Market Share, By Form, By Value, 2019-2030

Figure 14     UAE Omega 3 Supplements Market Share, By Source, By Value, 2019-2030

Figure 15     UAE Omega 3 Supplements Market Share, By Distribution Channel, By Value, 2019-2030

Figure 16     UAE Omega 3 Supplements Market Share, By End User, By Value, 2019-2030

Figure 17     Qatar Omega 3 Supplements Market Size, By Value (USD Million), 2019-2030

Figure 18     Qatar Omega 3 Supplements Market Share, By Form, By Value, 2019-2030

Figure 19     Qatar Omega 3 Supplements Market Share, By Source, By Value, 2019-2030

Figure 20     Qatar Omega 3 Supplements Market Share, By Distribution Channel, By Value, 2019-2030

Figure 21     Qatar Omega 3 Supplements Market Share, By End User, By Value, 2019-2030

Figure 22     Kuwait Omega 3 Supplements Market Size, By Value (USD Million), 2019-2030

Figure 23     Kuwait Omega 3 Supplements Market Share, By Form, By Value, 2019-2030

Figure 24     Kuwait Omega 3 Supplements Market Share, By Source, By Value, 2019-2030

Figure 25     Kuwait Omega 3 Supplements Market Share, By Distribution Channel, By Value, 2019-2030

Figure 26     Kuwait Omega 3 Supplements Market Share, By End User, By Value, 2019-2030

Figure 27     South Africa Omega 3 Supplements Market Size, By Value (USD Million), 2019-2030

Figure 28     South Africa Omega 3 Supplements Market Share, By Form, By Value, 2019-2030

Figure 29     South Africa Omega 3 Supplements Market Share, By Source, By Value, 2019-2030

Figure 30     South Africa Omega 3 Supplements Market Share, By Distribution Channel, By Value, 2019-2030

Figure 31     South Africa Omega 3 Supplements Market Share, By End User, By Value, 2019-2030

Figure 32     Nigeria Omega 3 Supplements Market Size, By Value (USD Million), 2019-2030

Figure 33     Nigeria Omega 3 Supplements Market Share, By Form, By Value, 2019-2030

Figure 34     Nigeria Omega 3 Supplements Market Share, By Source, By Value, 2019-2030

Figure 35     Nigeria Omega 3 Supplements Market Share, By Distribution Channel, By Value, 2019-2030

Figure 36     Nigeria Omega 3 Supplements Market Share, By End User, By Value, 2019-2030

Figure 37     Algeria Omega 3 Supplements Market Size, By Value (USD Million), 2019-2030

Figure 38     Algeria Omega 3 Supplements Market Share, By Form, By Value, 2019-2030

Figure 39     Algeria Omega 3 Supplements Market Share, By Source, By Value, 2019-2030

Figure 40     Algeria Omega 3 Supplements Market Share, By Distribution Channel, By Value, 2019-2030

Figure 41     Algeria Omega 3 Supplements Market Share, By End User, By Value, 2019-2030

Figure 42     Rest of Middle East & Africa Omega 3 Supplements Market Size, By Value (USD Million), 2019-2030

Figure 43     Rest of Middle East & Africa Omega 3 Supplements Market Share, By Form, By Value, 2019-2030

Figure 44     Rest of Middle East & Africa Omega 3 Supplements Market Share, By Source, By Value, 2019-2030

Figure 45     Rest of Middle East & Africa Omega 3 Supplements Market Share, By Distribution Channel, By Value, 2019-2030

Figure 46     Rest of Middle East & Africa Omega 3 Supplements Market Share, By End User, By Value, 2019-2030

List of Tables

Table 1        The Middle East & Africa Omega 3 Supplements Market Size, By Value (USD Million), 2019-2030                     

Table 2        The Middle East & Africa Omega 3 Supplements Market Size, By Form, By Value, 2019-2030                     

Table 3        The Middle East & Africa Omega 3 Supplements Market Size, By Source, By Value, 2019-2030                     

Table 4        The Middle East & Africa Omega 3 Supplements Market Size, By Distribution Channel, By Value, 2019-2030                    

Table 5        The Middle East & Africa Omega 3 Supplements Market Size, By End User, By Value, 2019-2030                     

Table 6        The Middle East & Africa Omega 3 Supplements Market Size, By Country, By Value, 2019-2030                     

Table 7        Saudi Arabia Omega 3 Supplements Market Size, By Value (USD Million), 2019-2030                    

Table 8       Saudi Arabia Omega 3 Supplements Market Size, By Form, By Value, 2019-2030                            

Table 9         Saudi Arabia Omega 3 Supplements Market Size, By Source, By Value, 2019-2030                            

Table 10      Saudi Arabia Omega 3 Supplements Market Size, By Distribution Channel, By Value, 2019-2030                     

Table 11      Saudi Arabia Omega 3 Supplements Market Size, By End User, By Value, 2019-2030                    

Table 12      UAE Omega 3 Supplements Market Size, By Value (USD Million), 2019-2030                    

Table 13      UAE Omega 3 Supplements Market Size, By Form, By Value, 2019-2030                          

Table 14      UAE Omega 3 Supplements Market Size, By Source, By Value, 2019-2030                       

Table 15      UAE Omega 3 Supplements Market Size, By Distribution Channel, By Value, 2019-2030                    

Table 16      UAE Omega 3 Supplements Market Size, By End User, By Value, 2019-2030                    

Table 17      Qatar Omega 3 Supplements Market Size, By Value (USD Million), 2019-2030                   

Table 18      Qatar Omega 3 Supplements Market Size, By Form, By Value, 2019-2030                        

Table 19      Qatar Omega 3 Supplements Market Size, By Source, By Value, 2019-2030                     

Table 20      Qatar Omega 3 Supplements Market Size, By Distribution Channel, By Value, 2019-2030                    

Table 21      Qatar Omega 3 Supplements Market Size, By End User, By Value, 2019-2030                   

Table 22      Kuwait Omega 3 Supplements Market Size, By Value (USD Million), 2019-2030                       

Table 23      Kuwait Omega 3 Supplements Market Size, By Form, By Value, 2019-2030                      

Table 24      Kuwait Omega 3 Supplements Market Size, By Source, By Value, 2019-2030                   

Table 25      Kuwait Omega 3 Supplements Market Size, By Distribution Channel, By Value, 2019-2030                     

Table 26      Kuwait Omega 3 Supplements Market Size, By End User, By Value, 2019-2030                       

Table 27      South Africa Omega 3 Supplements Market Size, By Value (USD Million), 2019-2030                            

Table 28      South Africa Omega 3 Supplements Market Size, By Form, By Value, 2019-2030                            

Table 29      South Africa Omega 3 Supplements Market Size, By Source, By Value, 2019-2030                            

Table 30      South Africa Omega 3 Supplements Market Size, By Distribution Channel, By Value, 2019-2030                     

Table 31      South Africa Omega 3 Supplements Market Size, By End User, By Value, 2019-2030                            

Table 32      Nigeria Omega 3 Supplements Market Size, By Value (USD Million), 2019-2030                       

Table 33      Nigeria Omega 3 Supplements Market Size, By Form, By Value, 2019-2030                     

Table 34      Nigeria Omega 3 Supplements Market Size, By Source, By Value, 2019-2030                   

Table 35      Nigeria Omega 3 Supplements Market Size, By Distribution Channel, By Value, 2019-2030                     

Table 36      Nigeria Omega 3 Supplements Market Size, By End User, By Value, 2019-2030                       

Table 37      Algeria Omega 3 Supplements Market Size, By Value (USD Million), 2019-2030                       

Table 38      Algeria Omega 3 Supplements Market Size, By Form, By Value, 2019-2030                      

Table 39      Algeria Omega 3 Supplements Market Size, By Source, By Value, 2019-2030                   

Table 40      Algeria Omega 3 Supplements Market Size, By Distribution Channel, By Value, 2019-2030                     

Table 41      Algeria Omega 3 Supplements Market Size, By End User, By Value, 2019-2030                       

Table 42      Rest of Middle East & Africa Omega 3 Supplements Market Size, By Value (USD Million), 2019-2030                           

Table 43      Rest of Middle East & Africa Omega 3 Supplements Market Size, By Form, By Value, 2019-2030                     

Table 44      Rest of Middle East & Africa Omega 3 Supplements Market Size, By Source, By Value, 2019-2030                    

Table 45      Rest of Middle East & Africa Omega 3 Supplements Market Size, By Distribution Channel, By Value, 2019-2030                    

Table 46      Rest of Middle East & Africa Omega 3 Supplements Market Size, By End User, By Value, 2019-2030                    

Table 47      BASF Company Overview

Table 48      BASF Financial Overview

Table 49      Jamjoom Pharma  Company Overview

Table 50      Jamjoom Pharma  Financial Overview

Table 51      Dr Nutrition KSA Company Overview

Table 52      Dr Nutrition KSA Financial Overview

Table 53      Now Foods Company Overview

Table 54      Now Foods Financial Overview

Table 55      Nordic Naturals Company Overview

Table 56      Nordic Naturals Financial Overview

Table 57      GSK Company Overview

Table 58      GSK Financial Overview

Table 59      Vivo Life SA Company Overview

Table 60      Vivo Life SA Financial Overview

Table 61      Croda Pharma Company Overview

Table 62      Croda Pharma Financial Overview

Table 63      Corbion Company Overview

Table 64      Corbion Financial Overview