Global Fish Oil Products Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028

"Global Fish Oil Products Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global fish oil products market report has been segmented on basis of species, application, and region.

Global Fish Oil Products Market: Overview

Fish oil is regarded as most commonly and widely consumed dietary supplements across the globe. Fish oil is type of fat or oil and is being extracted from fish tissue of oily fish, such as tuna, mackerel, herring, and anchovies. Fish oil has a high source of omega-3 fatty acids – which is very important ingredients used in all the health care supplements. World Health Organization (WHO) recommends eating one-two portions of fish or fish oil products in one week, owing to high omega-3 fatty acids in fish that has many health benefits and helps to protect against a many diseases. Approximately 30% of fish oil is composed of omega-3s and remaining 70% is composed of other fats. The major component of omega-3s in fish oil includes docosahexaenoic acid (DHA) and eicosapentaenoic acid (EPA). The EPA helps the body to synthesize chemicals that are involved in inflammation and blood clotting. The DHA are present throughout the body, including eyes, heart, and brain.

Global Fish Oil Products Market: Dynamics

Rising consumption of fish oil based products and growing aqua culture feed are the major factors expected to drive growth revenue in the global market over the next ten years. In addition, growing awareness regarding medical benefits related with them, increasing usage of fish oil in lubricants and protective coatings, rapidly increasing application in nutritional and pharmaceutical sector, and growing food and beverages sector, are some of the other factors expected to drive the growth in terms of revenue in the target market. However, stringent regulations and products recall are some of the major factor that could restraint the growth in term of revenue in the target market to a certain extent.

Global Fish Oil Products Market: Segment Analysis

Among the species segments, the anchovy species segment is expected to significant share and register a higher growth in terms of revenue in the global market. This is due to, high source of marine-derived omega-3s. Among the application segments, the aquaculture is expected to register a higher market share, owing to rapid expansion in fisheries and aquaculture production in terms of trading and consumption.

Global Fish Oil Products Market: Region Analysis

The market in Europe is projected to register for high revenue share in the global market, followed by the market in North America. This is primarily attributed, government initiatives for aquaculture sector, higher adoption rate of fish oil in pharmaceuticals, supplements and functional food due to changing eating habits in people in countries in the region. Revenue from the Asia Pacific fish oil products market is anticipated to grow at a fastest CAGR in the upcoming years, owing to rising concerns about nutritional diet in countries such as India, China, and Japan. The market in North America is expected to register significant growth for fish oil products market, due to growing consumer’s awareness about the health benefits from the product.

Global Fish Oil Products Market Segmentation

Segmentation by species:

• Anchovy
• Mackerel
• Sardines
• Cod
• Others (include Herring, Menhaden, etc.)

Segmentation by application:

• Aquaculture
• Animal Nutrition & Pet food
• Pharmaceuticals
• Supplements & Functional food
• Others

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa