Fish Oil Market 2021 Industry Outlook, Current Status, Supply-Demand, Growth Opportunities and Top Players Analysis 2030

In a recent published report, Kenneth Research has updated the market report for Fish Oil Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Fish Oil Market products.

Download Sample of This Strategic Report:

Moreover, the median health expenditure per capita recorded in the high-income, upper-middle income, and low & lower-middle income countries, recorded to be over USD 2,000, USD 400, and USD 100 respectively. Additionally, in the same year, the spending on health in high-income countries and in the low- and middle-income countries comprised approximately 8.2% and 6.3% of the GDP respectively.

Global Fish Oil Market is estimated to reach $2,364 million by 2024; growing at a CAGR of 5.6% from 2016 to 2024. Fish oil is derived from the tissues of oily fish. They contain several important nutrients for humans and animals. Fish oil consist of omega-3 fatty acids such as eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) and can be consumed as general health supplement. Increasing lifestyle diseases and chronic diseases among consumers has increased the demand for fish oil, in the form of health supplement and functional food. Human consumption, aquaculture and industrial sector are some of the key application areas of dish oil.

Growing aquaculture activities and rising consumer knowledge regarding various health benefits of omega-3 are driving the growth of the fish oil market. Increasing direct human consumption and use of fish oil in cosmetics also fuels the growth of the market. Though, large demand-supply gap and high cost of fish oil can hamper the growth of the market. Nevertheless, European Food Safety Authority (EFSA) and The Food and Drug Administration (FDA) may provide growth opportunities in coming years.
The global fish oil market is segmented into species and application. By species, the market is segmented into marine fish, salmon and trout, tilapias, carps and others (Includes herrings, eels and mackerels). By application, the market is further divided into aquaculture, direct human consumption, and others (Includes industrial uses and hydrogenation).

Based on geography, the global fish oil market has been segmented into North America, Europe, Asia-Pacific and RoW. The U.S., Mexico and Canada are covered under North America wherein Europe covers Germany, UK, France, and others. Asia-Pacific covers China, India, Japan, and others. Rest of the World (RoW) covers South America, Middle East and Africa.

Major companies operating in the fish oil market are FMC Corporation, TASA, Croda International Inc., Omega Protein Corporation, Copeinca AS, Colpex, Corpesca SA and Pesquera Diamante S.A, among others.

Request For Full Report:

The key takeaways from the report:
The report will provide detailed analysis of the Fish Oil Market with respect to major segments such as species, and application. The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report. An exhaustive regional analysis of Fish Oil Market has been included in the report.
Profile of the key players in the Fish Oil Market, will be provided, which include key financials, product & services, new developments and business strategies.

Scope of Fish Oil Market
Species Segments
Marine Fish
Salmon And Trout
Others (Herrings, Eels And Mackerels)
Application Segments
Direct Human Consumption
Others (Industrial Uses And Hydrogenation)

Geographical Segments
North America
South America
Middle East

Download Sample of This Strategic Report:

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

Kenneth Research

Email :

Phone: +1 313 462 0609