Various Health Benefits Associated with Fish Oil is expected to Escalate Fish Oil Market Growth During 2021–2028

NEW YORK, UNITED STATES, February 8, 2022 /EINPresswire.com/ -- According to our latest market study, titled "Fish Oil Market Forecast to 2028 – COVID-19 Impact and Global Analysis – By Species Type (Blue Whiting, Anchoveta, Sardine, Capelin, and Others) and Application (Pharmaceuticals, Animal Nutrition and Pet Food, Aquaculture, Dietary Supplements, and Others)," the fish oil market size was valued at US$ 2,087.39 million in 2021 and is projected to reach US$ 3,178.28 million by 2028. It is expected to grow at a CAGR of 6.2% from 2021 to 2028. The report highlights key factors driving the fish oil market growth and prominent players and their progress in the market.

Report Coverage Details

Market Size Value in- US$ 2,087.39 million in 2021
Market Size Value by- US$ 3,178.28 million by 2028
Growth rate- CAGR of 6.2% from 2021 to 2028
Forecast Period- 2021-2028
Base Year- 2021
No. of Pages- 146
No. Tables- 58
No. of Charts & Figures- 72
Historical data available- Yes
Segments covered- Species Type and Application
Regional scope- North America; Europe; Asia Pacific; Latin America; MEA
Country scope- US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report coverage- Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Get Exclusive Sample Pages of Fish Oil Market at
https://www.theinsightpartners.com/sample/TIPRE00016600/

Fish oil is associated with various health benefits and helps in reducing the risk of cardiovascular diseases, lowers blood pressure, and slows the buildup of atherosclerotic plaques. Fish oil is also considered one of the valuable nutrients for both humans and livestock. Fish liver oil and fish body oil are the two types of fish oil. Fish oil is a rich source of Omega-3 fatty acids and includes the presence of vitamins and minerals, such as vitamin A and vitamin D, which are essential for the human body. In addition, the DHA present in fish oil improves memory and cognitive function and plays an important role in the development of an infant's brain. Thus, such health benefits are aiding the fish oil market growth across the world.
.
Impact of COVID-19 Pandemic on Fish Oil Market

The COVID-19 pandemic negatively impacted the food and beverage industry with the shutdown of manufacturing facilities, difficulty in procuring raw materials, and restrictions on logistic operations. The disruptions in the supply of raw materials to manufacturers hampered fish oil production. However, during the pandemic, the demand for fish oil increased due to the rising trend of healthy food consumption. The increased focus of consumers on their health due to the COVID-19 pandemic is also aiding the fish oil market demand, which is expected to support its recovery over the forecast period.

Download the Latest COVID-19 Analysis on Fish Oil Market Growth Research Report at https://www.theinsightpartners.com/covid-analysis-sample/TIPRE00016600/

Based on the application, the fish oil market is bifurcated into pharmaceuticals, animal nutrition and pet food, aquaculture, dietary supplements, and others. The pharmaceutical segment held the largest fish oil market share, based on application in 2020. In the pharmaceutical industry, fish oil is available in non-prescription and prescription-only varieties at different concentrations. Non-prescription fish oils become part of the consumer's multivitamin regimen and effectively supplement their diets with healthy fatty acids.

The global fish oil market is segmented into five main regions—North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South and Central America (SAM). In 2020, North America was the fastest-growing region in the global market. The North America fish oil market is growing due to factors, such as the rise in the adoption of anchovy-based fish oil in developed nations and the increase in the product launches from the key market players in the region. According to the U.S. Department of Health & Human Services, 6 out of every 10 adults in the U.S. have a chronic disease. An increasing prevalence of such chronic diseases in North America is leading to high demand for fish oil, aiding the market.  
Fish Oil Market: Competitive Landscape and Key Developments

Pesquera Exalmar S.A.A.; Omega Protein Corporation; Pelagia AS; Copeinca; Coplex International S.A.C; Triplenine; FF Skagen A/S; DSM; Croda International PLC; and BASF SE are among the key players in the global Fish Oil market. The leading companies focus on the expansion and diversification of their market presence, and acquisition of new customer base, thereby tapping prevailing business opportunities.
.
Order a Copy of Fish Oil Market Shares, Strategies and Forecasts 2021-2028 Research Report at https://www.theinsightpartners.com/buy/TIPRE00016600/

Browse Related Reports and get Sample copy

Nutritional Oil Powder Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Product Type (Canola Oil Powder, Soybean Oil Powder, Sunflower Oil Powder, Coconut Oil Powder, Palm Oil Powder, Fish Oil Powder, Flaxseed Oil Powder, Others); End Use (Food Processing Industry, Nutraceuticals, Animal Nutrition, Cosmetic and Personal Care, Sport Nutrition) and Geography
- https://www.theinsightpartners.com/sample/TIPRE00008952/

Marine Ingredients Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Product (Fish Meal, Fish Oil, Others); Form (Powder, Liquid); Ingredient (Protein, Fatty Acids, Others); End Use (Animal Feed, Food and Beverages, Pharmaceuticals, Cosmetics and Personal Care, Other) and Geography- https://www.theinsightpartners.com/sample/TIPRE00007715/

Omega-3 Supplements Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Form (Capsules, Soft Gels, and Others), Source (Fish Oil, Krill Oil, Algae Oil, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Stores, and Others)
-https://www.theinsightpartners.com/sample/TIPRE00026522/

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Press Release: https://www.theinsightpartners.com/pr/fish-oil-market

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:

Sameer Joshi
The Insight Partners
+91 96661 11581
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.