Market Research Report
Fish Oil Market (By Species: Marine Fish, Tilapias, Carps, Salmon and Trout; By Application: Aquaculture, Direct Human Consumption; By Geography) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024
|Published by||Variant Market Research LLP||Product code||508309|
|Published||Content info||111 Pages
Delivery time: 1-2 business days
|Fish Oil Market (By Species: Marine Fish, Tilapias, Carps, Salmon and Trout; By Application: Aquaculture, Direct Human Consumption; By Geography) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024|
|Published: May 17, 2017||Content info: 111 Pages||
Fish Oil Market
(By Species: Marine Fish, Tilapias, Carps, Salmon and Trout, and Others; By Application: Aquaculture, Direct Human Consumption, and Others; By Geography: North America, Europe, Asia-Pacific, and RoW) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024.
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.