The global health and wellness industry is in for a boost with the release of the Global Fish Oil Market Research Report. This comprehensive report delves into the world of fish oil, highlighting its significance as a unique source of natural LC omega-3 fatty acids – EPA, DPA, and DHA.
Fish oil, derived from fatty fish such as trout, mackerel, tuna, herring, sardines, and salmon, is highly valued in the market for its rich nutritional content of Omega-3 fatty acids. These essential fatty acids are vital for maintaining the proper functioning of the nervous and cardiovascular systems. The report focuses on crude fish oil, obtained at the start of the fishmeal production process. It is extracted during the separation of anchovy solids, which later become fishmeal. This fatty material is stored in tanks to maintain optimal levels of oxidation or freshness.
The Global Fish Oil market is projected to reach US$ 3,961.6 million in 2029, a significant increase from US$ 2,968.1 million in 2022. This growth is attributed to a compound annual growth rate (CAGR) of 4.2% during the period of 2023 to 2029. The report thoroughly analyzes factors such as economic conditions, the impact of COVID-19, and the Russia-Ukraine War, which have led to substantial market fluctuations in recent years.
Report Scope:
This report, based on historical analysis (2018-2022) and forecast calculations (2023-2029), offers readers a comprehensive understanding of the global Fish Oil market from multiple perspectives, providing invaluable insights for strategic decision-making.
By Company:
- TripleNine
- FF Skagen A/S
- Havsbrún
- Austevoll Seafood ASA
- TASA
- Pesquera Diamante S.A.
- Copeinca
- Pesquera Exalmar
- Pesquera Hayduk
- Pesquera Centinela S.A.C.
- Camanchaca
- Fiordo Austral Group
- Orizon S.A.
- Corpesca S.A.
- Oceana Group
- Pioneer Fishing
- Nissui Group
- Eskja
- Omega Protein Corporation
- Animalfeeds International Corporation
- United Marine Products
- Yashaswi Fish Meal and Oil Company
Segment by Type:
- Feed Grade Fish Oil
- Food Grade Fish Oil
- Pharma Grade Fish Oil
Segment by Application:
- Aqua-feed
- Food & Beverages
- Dietary Supplements
- Cosmetic & Beauty Products
By Region:
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina)
- Middle East & Africa (Turkey, Saudi Arabia, UAE)
As awareness of the health benefits of Omega-3 fatty acids continues to grow, the global fish oil market is poised to play a vital role in ensuring a healthier future.
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