Fish Oil Market is expected to grow with a CAGR of 5.5% from 2024 to 2031.
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This report describes the global market size of Fish Oil Market from 2019 to 2022 and its CAGR from 2019 to 2023, and also forecasts its market size to the end of 2031 and its expected to grow with a CAGR of 5.5% from 2024 to 2031.
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Fish Oil Market estimated at US $XX million in the year 2022, is projected to reach a revised size of US$ million by 2031, growing at a CAGR of 5.5% during the forecast period 2024-2031. North American market for Fish Oil Market is estimated to increase from $million in 2023 to reach $ million by 2031, at a CAGR of % during the forecast period of 2024 through 2031.
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For geography segment, regional supply, demand, major players, price is presented from 2019 to 2031. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Fish Oil Market as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
By Species
Anchovy
Mackerel
Sardines
Cod
Herring
Menhaden
Others
In 2023, By species, the anchovy segment held the largest market shareand is expected to maintain its dominance during the forecast period.
This is due to the rising demand for Fish Oil Market in pharmaceuticals, supplements, functional foods, and other products, driving increased
consumption of Fish Oil Market derived from anchovies.
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By Application
Aquaculture
Animal Nutrition & Pet food
Pharmaceuticals
Supplements & Functional food
Others
In 2023,the supplements & functional food segment emerged as the frontrunner in the Fish Oil Market market share, primarily driven by the escalating
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prevalence of chronic diseases globally. This prevalence has spurred a notable rise in the utilization of Fish Oil Market in various forms of supplements
across the world. With an increasing focus on preventive healthcare and the recognition of the health benefits associated with omega-3 fatty acids found
in Fish Oil Market, consumers are increasingly turning to supplements and functional foods as part of their daily dietary regimen.
This trend is particularly pronounced as individuals seek natural and holistic approaches to support overall well-being and combat ailments.
Consequently, the supplements & functional food segment continues to experience sustained growth, driving the expansion of the Fish Oil Market market.
Company-
Copeinca AS
Omega Protein Corporation
Colpex International
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