Market Updates

GOED Report: EPA & DHA Omega-3 Ingredient Market Value Reaches $1.4 Billion in 2020 on 3.6% Growth

Report details the volume and value of omega-3 sources, regions and end product applications.

The Global Organization for EPA and DHA Omega-3s (GOED) has published the 2021 edition of its annual Global EPA and DHA Omega-3 Ingredient Market Report.
 
The report details the EPA and DHA omega-3 industry at the raw materials segment of the supply chain, a 110,802 metric ton (mT) market. Volume increased slightly (1.0%) in 2020, while the value of omega-3 ingredients increased 3.6%, to $1.4 billion. Of particular interest this year is an analysis of the impact of COVID-19 on a variety of omega-3 market factors.
 
This year’s report includes over 100 charts and tables detailing the volume and value of omega-3 sources, regions and end product applications in 2020, with forecasts through 2023. The accompanying Excel document includes all the raw data as well as a forecast generator tool.
 
As a result of GOED’s 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.
 
GOED represents the global EPA and DHA omega-3 industry, with a mission to increase consumption of EPA and DHA omega-3s around the world. The membership is built on a high quality standard; members must comply with quality and ethics guidelines that ensure production of quality products that consumers can trust. The organization’s membership represents the entire supply chain of EPA and DHA omega-3s, from fisheries and crude oil suppliers to refiners, concentrators and finished product brands.
 

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