According to the latest IMARC Group report, the global fish oil market grew with a CAGR of around 5% in the period 2015-2020. Going forward, the market is expected to continue moderate growth in the period 2021-2026.
We regularly track the direct effects of COVID-19 in the market, along with the indirect influence of the associated industries. These observations will be included in the report.
Fish oil is the tissue fat obtained from various types of fatty fish such as tuna, herring, mackerel, sardine, anchovy, etc. It is a rich source of omega-3 fatty acids, vitamins A and D, zinc, etc. Fish oil offers various health benefits such as: B. Lowering high blood pressure, increasing metabolism, lowering the risk of cardiovascular disease, maintaining digestive function, improving skin health, etc. Because of these benefits, it is widely used as a vital ingredient in functional food supplements and beverages, animal feed and pharmaceutical products.
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Growing consumer health concerns about the high prevalence of obesity, cardiovascular disease, excessive hair oil, premature aging, etc. are driving demand for fish oil. In addition, the increasing adoption of healthier eating habits is also increasing the consumption of fish oil in the form of functional food variants and nutritional supplements. In addition, the expanding pharmaceutical sector is catalyzing the demand for bioactive ingredients such as fish oil, which is rich in docosahexaenoic acid (DHA) and eicosapentaenoic acid (EPA). In addition, the increasing use of fish oil in the manufacture of personal care products is contributing to the market growth. In addition, increasing pet ownership is expected to further fuel the demand for fish oil used in pet food production in the coming years.
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Key Companies List Covered In This Market Report::
- China Fishery Group Limited
- Corporación Pesquera Inca SAC (Copeinca AS)
- FF Skagen A /
- Foodcorp Chile SA (Austevoll Seafood ASA)
- OLVEA fish oils (OLVEA)
- Oceana Group Limited
- Pesquera Diamante SA
- Pioneer fishing
- TripleNine Fish Protein A / S (TripleNine Group).
The report has segmented the market by source, distribution channel, end use and geography.
Separation by source:
Distribution according to sales channels:
- Hypermarkets and supermarkets
- Specialty stores
- Online stores
Separation according to purpose:
- Salmon and trout
- Marine fish
- Animal feed
- Food supplements
Separation according to geography:
- North America (USA & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia and others)
- Latin America (Brazil, Mexico)
- Middle East and Africa
Key highlights of the report:
- Market performance (2015-2020)
- Market outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- Value chain
- Comprehensive mapping of the competitive landscape
If you need certain information that is not currently included in the scope of the report, we can provide it to you as part of the customization.
Associated report by the IMARC group:
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Vegan Yogurt Market Report: https://www.imarcgroup.com/vegan-yogurt-market
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Resistant Starch Market Report: https://www.imarcgroup.com/resistant-starch-market
Superfoods Market Report: https://www.imarcgroup.com/superfoods-market
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