Fish oil is derived from the tissue of oily fish species from fresh water and sea. It contains a high percentage of long chain omega 3 fatty acids, such as EPA and DHA, which are essential nutrients for both humans and animals. Fish oil is largely used as a feed ingredient in various animal and human nutritional applications, such as aquaculture feed, animal nutrition & pet feed, pharmaceuticals, supplements & functional food. 

Currently, aquaculture dominates overall demand and offers strong growth potential in the upcoming years. Fish oil is used for a variety of useful chemical reactions to form intermediates that are used in the manufacture of a diverse range of chemical derivatives. Fish oil is used in a variety of everyday consumer products, including food supplements, functional food, etc. Growing demand for fish oil from various sector is predicted to remain a main aspect for global fish oil market in future. 

The global fish oil market is segmented by geography into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In 2016, Asia Pacific was observed as the largest market for fish oil. The Fish Oil market of Asia Pacific zone is predicted to register highest rate of growth during the projected period. This progress is majorly attributed to growing demand from supplements, aquaculture and petrochemical industries, particularly from growing economies like China, Japan and India.

The market size and forecast for the period 2015-2025 along with the CAGRs for the period 2017-2025 for the mentioned segments are also presented in this study. 

Qualitative information sets such as market dynamics (drivers, challenges and opportunities) and market inclination insights are provided in this market assessment report. Tools such as competition assessment and attractive investment proposition are also included in this study for assessment of market competition. The report concludes with company profiles section that highlights key information about the major market players operating in the global cement market. 

American Marine Ingredients, Colpex, Copeinca ASA, Corpesca S.A., Croda Inc., FF Skagen A/S, FMC Corporation, GC Rieber Oils, Marvesa Holding N.V., Nutrifynn Caps, Inc., Omega Protein and Pesquera Diamante S.A. are few key manufacturers in the global fish oil market. 

The global fish oil market is expected to reach over US$ 3.69 Bn by 2025, growing at a CAGR of 5.8% during the forecast period 2017-2025.

Purpose of the Report

The purpose of this strategic research study titled “Fish Oil Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global fish oil market.

Target Audience

• Industry Investors
• Procurement Managers from End user Companies
• Fish Oil Manufacturers
• Distributors

USP and Key Offerings

The report titled “Fish Oil Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the overall Fish Oil market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of multiple market segments based on, source type, application type and cross-sectional study across different regions.

In order to help strategic decision makers, the report also includes competitive profiling of the leading players in alpha olefins market and key strategies adopted by them. Other in-depth analysis provided in the report includes:

• Current and future market trends to justify the forthcoming attractive markets within the fish oil industry
• Market drivers, market impediments, and their impact on the market growth
• In-depth competitive environment analysis
• Historical 2-Years market size data (2015 – 2016)

Overall, the research study provides a holistic view of the global fish oil market, offering market size and estimates for the period from 2015 to 2025, keeping in mind the above mentioned factors.

Global fish oil market revenue is expected to grow at significant rate of 5.8% over the forecast period 2017-2025. Fish oil is largely used as a feed ingredient in various human nutritional and animal nutritional applications, such as aquaculture, animal nutrition & pet food, pharmaceuticals, supplements and others (functional food, etc.). Aquaculture dominates the overall demand and offers strong growth potential in upcoming years. Increasing demand for Fish Oil especially in Asia Pacific due to rapid growth of population and developing food & beverages industry in emerging economies such as India and China is anticipated to fuel the demand for global fish oil market over the forecast period 2017-2025. Other factors such as growing demand from omega 3 fish oil, supplements, functional foods, pharmaceuticals, etc. applications are also expected to drive the growth of fish oil during the forecast period.

In 2016, Europe was the biggest manufacturing region of fish oil and also largest consumer of fish oil and contributed over 35% to the total global demand for the fish oil in 2016. The fish oil market in North America is projected to record a sluggish growth rate during the forecast period of 2017 to 2025. The fish oil market of Europe is also anticipated to experience slow growth rate. The fish oil market of Asia Pacific zone is predicted to register the highest rate of growth during the projected period. The reason for this being growing food & beverages, functional food and petrochemical industries, particularly from growing economies like China, Japan and India.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Fish Oil market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Fish Oil market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Fish Oil market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Fish Oil market?
• Which is the largest regional market for Fish Oil market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Fish Oil market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Fish Oil market worldwide?