Fish oil is derived from the tissue of oily fish species and 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 numerous animal and human nutritional applications, which include aquaculture feed, animal nutrition & pet feed, pharmaceuticals, supplements & functional food. Fish oil is the prime ingredient in aqua feed and growth of the global aquaculture industry, subsequently results in the growth of the fish oil market. Moreover, the rising concern of chronic diseases among consumers results in the increasing awareness for omega 3 fish oil intake in various health supplements and functional food. Government impositions that limit the fishing quota cause a demand supply gap, which largely affects the growth of the fish oil industry. An increase in fish oil production from by products and fostering prospects with third party suppliers, could alternatively help in mitigating this threat and in minimizing the demand supply gap.
Geographically, the market is segmented across North America, Europe, Asia-Pacific and LAMEA. China is the biggest fish oil consumer in the world and this is mainly due to the highest concentration of aquaculture industry in this region. On the other hand, rising concern for chronic disease leads to the adoption of omega 3 fish oil in countries like Japan, U.S., Denmark and Belgium.
To provide a thorough understanding of the market scenario, the global fish oil market is segmented based on species, application and geography. This report highlights the major fish oil species, which include Anchovy, Mackerel, Sardines, Cod, Herring, and Menhaden amongst others. Most of the fish oil producer in the global market is derived from anchovies. Based on application, the global fish oil market is segmented into aquaculture, animal nutrition & pet feed, pharmaceutical, supplements & functional food and others.
The leading companies in the fish oil market are largely focusing on acquisition and product diversification to maintain their competitiveness in the global market. For instance, Omega Protein Corporation, recently acquired Bioriginal Food & Science Corp., a leading supplier of plant and marine based specialty oils and essential fatty acids in the food and nutraceutical industries. This acquisition enables Omega Protein Corporation to diversify its fish oil offerings in the human nutrition product segments and enhance its customer reach.
The report provides a comprehensive analysis of the key companies operating in the global market. The report highlights the key strategies of top market players such as TASA, Omega Protein Corporation, Copeinca AS, Corpesca SA, FMC Corporation, TripleNine, Pesquera Diamante S.A, Marvesa Holding N.V., Pesquera Exalmar, FF Skagen A/S and Colpex international.
KEY MARKET SEGMENT
MARKET BY SOURCE SPECIES
MARKET BY APPLICATION
MARKET BY GEOGRAPHY
The Global Menthol Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the Menthol industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain ...
November 2017 | $2800 |View Details>>
The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet ...
November 2017 | $3800 |View Details>>
This report studies Menthol in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2017, and forecast to 2021. This report focuses on top manufacturers in global market, with production, price, revenue and market ...
November 2017 | $3400 |View Details>>
The China Menthol Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the Menthol industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain ...
November 2017 | $3100 |View Details>>
UPCOMING MARKET RESEARCH REPORTS
2017 © Copyright Big Market Research