Press Release

Fish Oil Market Size, 2020 Demand and Worldwide Trend Forecast 2026

Abundant availability of land for fish farming is anticipated to drive the global fish oil market. According to a report by Fortune Business Insights, titled, “Fish Oil Market Size, Share and Global Trend by Species (Tuna, Cod Liver, Salmon, Anchovy, Menhaden, Others), by Application (Aquaculture Feed, Animal Feed, Functional Food, Dietary Supplements, Pharmaceuticals, Others) and Geography Forecast till 2026,” fish oil can aid in the reduction of blood pressure, coronary heart diseases, and bad cholesterol. All these factors are in turn, expected to favor growth of the global fish oil market. 

Some of the key companies that are present in the global fish oil market are

  • DSM
  • Copeinca ASA
  • Croda International PLC.
  • Blueline Foods Pvt. Ltd.
  • FMC Corporation
  • TripleNine Group
  • Omega Protein Corporation
  • Sarma Fish SARL
  • American Marine Ingredients
  • GC Rieber Oils
  • BASF SE and Pelagia AS among the other fish oil producers

The report classifies the global fish oil market on the bases of three segments, namely, by application, by species, and by geography. In terms of application, the market is further grouped into functional food, pharmaceuticals, animal feed, dietary supplements, aquaculture feed, and others. The aquaculture segment, at present, holds the major portion of the global fish oil market.

To Gain More Insights into the Market with Detailed Table of Content and Figures, Click Here:

https://www.fortunebusinessinsights.com/industry-reports/fish-oil-market-100741

Fortune Business Insights predicts that the segment is expected to remain in a dominant position during the forthcoming years. Moreover, farming of popular species of fish such as trout and salmon as well as improvements in fish production across the globe are the main factors that are anticipated to increase the usage of fish oil in aquaculture activities.

Key Industry Developments

  • In December 2018, Fast&Up, a part of Aeronutrix Sports Products Private Limited, launched a new Omega 3 rich fish oil, called Promega. The product claims to beneficial in improving immune system, and development of brain.
  • In May 2017, Catalent Pharma Solutions, an American company that provides development solutions for biologics and consumer health products, launched a new fish oil product called Fish Oil Thin Shell EasyBurst chewables.
  • In April 2018, Sona Nutrition Ltd., an Ireland-based nutritional supplements supplier launched ZOMEGA 3 and ZOMEGA 3 for kids, two innovative smoothie fish oil products. The product has EPA, DHA, Vitamin D12, Folic Acid, and Vitamin K within it.

Rapid Development of Aquaculture Industry to Accelerate Growth in Asia Pacific

The global fish oil is segmented into North America, Europe, the Middle East and Africa, North America, and Asia Pacific. The report states that Europe is projected to lead the global fish oil market during the forecast period. This will occur because the region has been witnessing a rise in the aquaculture activities in countries such as Norway and the U.K. Also, Denmark in Europe is one of the leading producers of fish oil.

This in turn, will result in the growth of fish oil market in the coming years. Asia Pacific, on the other hand, is projected to exhibit a notable growth in the fish oil market. This is likely to occur because of the persistent development and rise in aquaculture industry and favorable climatic conditions in countries such as India, China, Indonesia, and Thailand.

There has also been a rise in the awareness programs amongst the consumers of these countries regarding the health benefits of fish oil products. This is a significant factor for the growth of the fish oil industry in Asia Pacific.

Get PDF Brochure of this Report:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/fish-oil-market-100741

Segmentation

By Species

  • Tuna
  • Cod Liver
  • Salmon
  • Anchovy
  • Menhaden
  • Others

By Application

  • Aquaculture Feed
  • Animal Feed
  • Functional Food
  • Dietary Supplements
  • Pharmaceuticals
  • Others

By Geography

  • North America (U.S., Canada, and Mexico)
  • Europe (France, Germany, Italy, Spain, U.K., Russia, and Rest of Europe)
  • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)
  • South America (Brazil, Argentina, and Rest of South America)
  • Middle East & Africa (South Africa and Rest of ME&A)

Catalent Pharma, Fast&Up, and Other Prominent Market Players Aim to Boost Sales by Launching Innovative Products  

Fast&Up, a vitamin and supplement provider, based in Switzerland, announced the launch of its new product called Promega, an Omega-3 rich fatty acid fish oil in December 2018. Promega promises to improve a person’s immune system, cognitive function, and brain developments. The company is a prominent one amongst several nutritionists and sports enthusiasts.

The product is important for optimal health. Catalent Pharma Solutions, a developer of biologics, drugs, and consumer health products, headquartered in the U.S., launched its product named Fish Oil Thin Shell EasyBurst Chewables in May 2017. The product is innovative as it has overcome few of the major challenges associated with fish oil, namely, odor, unpleasant taste, and large size of the capsules. These chewables are small and don’t require water.

Sona Nutrition Ltd., a producer of herbal remedies and nutritional supplements based in Ireland, announced the launch of ZOMEGA 3 for kids and ZOMEGA for adults. These are two of their most innovative smoothies that include fish oil. The products also contain Vitamin D12, Vitamin K, EPA, Folic Acid, and DHA.

Have Any Query? Ask Our Experts:

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/fish-oil-market-100741

Have a Look at Related Reports:

Guar Gum Market Revolutionize Insights Foreseen 2026

Dehydrated Potato Market Size, Industry Share and Worldwide Forecast 2026

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

About the author

Thomas Fultz

Thomas handles the column depicting food products. He has worked as a product manager before and knows his words very well. His writing flows like water with the ease of reading; his way of writing is effortless and straightforward. In his free times, he loves to talk a walk in the lawn to refresh his mind. He has recently completed 5 years in our organization.

Add Comment

Click here to post a comment