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Fish Oil Market: Industry Analysis, Size, Forecast 2019-2025: By Top Key Players – Omega Protein Corporation, FMC Corporation, Copeinca ASA, Corpesca S.A., Colpex International, TripleNine Group A/S

Fish Oil Market
Press Release

Fish Oil Market presents promising growth prospects and expected to gain traction over the forecast period 2019-2025. Owing to increasing aquaculture activities, rising health consciousness among the population and growing awareness associated with health advantages of omega 3 fatty acid are considered as one of the prominent factors nurturing the growth of fish oil industry throughout the forecast period. Fish oil is most frequently used for conditions associated with the heart and blood system. Fish oil is extensively adopted in several human and animal nutrition applications as a food and feed supplement. Additionally, Fish oil has been used for preventing heart disease, as well as for clogged arteries, chest pain, irregular heartbeat, bypass surgery, heart failure, rapid heartbeat, preventing blood clots, and high blood pressure after a heart transplant.

Rising demand for hydrogenated vegetable oils and margarine on account of changing eating habits is expected to simulate industry expansion. In Japan, the consumption of nutritional and pharmaceutical grade fish oil has considerably increased due to rising health concerns among the country’s geriatric population. Furthermore, the growing use of the ingredient in cosmetic products, as emollients and in general ointments is projected to promote market growth.

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Anchovy species holds the largest market size in the global fish oil market during the forecast period.

Based on species, the fish oil market is bifurcated into Anchovy, Mackerel, Sardines, Cod liver, Herring, and Menhaden. Anchovy dominates the oils fish market and anticipated to lead the market over the forecast period. Owing to the highest concentrations of Eicosapentaenoic acid (EHA) and Docosahexaenoic acid (DHA) polyunsaturated fatty acids of any fish species. Fish oil supplements improve the symptoms of certain psychiatric disorders. The anchovy is well known for its ability to lower levels of triglycerides and cholesterol in the blood. Anchovies are a good source of omega-3 fatty acids, protein, and important vitamins and minerals in each serving followed by cod liver.

Among applications, the Aquaculture segment is anticipated to dominate the fish oil market during the forecast period

On the basis application, the fish oil market is divided into Aquaculture, Animal Nutrition & Pet food, Pharmaceuticals, and Supplements & Functional food. With respect to the development of the fishing industry, high demand for fishes for direct human consumption and the positive industry outlook on aquaculture activities. The health benefits such as lowering blood pressure and bad cholesterol and reducing the risk of coronary heart disease (CHD) are the key factor propelling the global market growth. Though, increasing R&D activities along with technological advancement in aquaculture farming is projected to stimulate market growth in the coming years.

Europe accounts for the largest market size in the global fish oil market during the forecast period.

Geographically, the fish oil market is analyzed across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe is the leading region of the overall fish oil market during the forecast period 2019-2025. Owing to the large-scale salmon and trout farming. Chile, Denmark, and Peru have the largest fish oil production in the European countries and account for more than 50% share of the market. Further, the European Commission approved the Strategic Guidelines and Common Fisheries Policy Reform in 2014, which is constantly supporting the aquaculture segment in this region. The Asia Pacific region is expected to show substantial growth over the forecast period due to plentiful fishing and farming and growing food and beverage industry in the region. China is expected to become a dominant producer of fish in the coming years owing to the growing aquaculture industry in the region. Moreover, growing awareness regarding health benefits of fish oil and maximum focus on aquaculture industry in emerging economies such as India and China, are likely to boost the market growth during the forecast period.

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Objective of the Study:

  • To analyze and forecast market size of the Global Fish Oil market, in terms of value & volume.
  • To examine the careful market segmentation and forecast the market size, in terms value, on the basis of region by segmenting fish oil market into five regions, namely, North America, Europe, Asia Pacific, Middle East and their leading countries.
  • To outline, categorized and forecast the global fish oil market on the basis of species type, and application.
  • To examine competitive developments like expansions, technological advancement, services, and regulative framework within the global fish oil market.
  • To highlight the impact analysis of the factors, affecting the market dynamics such as drivers, restraints, opportunities, and challenges.
  • To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.

Global Fish Oil Market Competitive Landscape

Companies such as Omega Protein Corporation, FMC Corporation, Copeinca ASA, Corpesca S.A., Colpex International, TripleNine Group A/S, FF Skagen A/S, Pesquera Diamante S.A., Marvesa Holding N.V, V, TASA, American Marine Ingredients, Croda Inc., GC Rieber Oils, Epax ASare the leading player in global fish oil market.

Scope of the Report

By Species Type

  • Anchovy
  • Mackerel
  • Sardines
  • Cod liver
  • Herring
  • Menhaden

By Application

  • Aquaculture
  • Salmon & Trout
  • Marine fish
  • Tilapias
  • Cyprinids
  • Animal Nutrition & Pet food
  • Pharmaceuticals
  • Supplements & Functional food

In addition, the report provides analysis of the fish oil market with respect to the following geographic segments and their high performing regions:

  • North America
  • Europe
  • Asia Pacific (APAC)
  • LATAM
  • MEA

Detailed Analysis of Table of [email protected] https://www.blueweaveconsulting.com/global-fish-oil-market-bwc19114/#TOC

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