Consuming
fish oil supplements or eating more fish can help prevent psychosis
or psychotic disorders and aid neural health. The growing awareness
regarding the benefits of omega 3 fatty acids and rise in direct
human consumption (DHC) are the key factors aiding the development of
the global fish oil market. The demand for fish oil and fish oil
supplements is exceptionally high around the world. However,
countries such as Peru, Denmark, and Chile emerged as the leading
producers of fish oil, contributing to over 50% of the global fish
oil production.
The
research report provides a holistic overview of the global fish oil
market. It analyzes the elementary components shaping the development
of the market and highlights the factors responsible for growth and
potential restraints on the market. Using an analytical approach, the
report studies the growth trajectory of the market. The study
segments the global fish oil market on the basis of chief application
areas, varieties of fish oil, and key regional markets.
Regionally,
the global fish oil market is segmented into Europe, North America,
Latin America, Asia Pacific, and Rest of the World. The chief
application segments of the fish oil industry include aquaculture,
direct human consumption (DHC), and others (hydrogenation and
industrial). Demand is anticipated to be significantly high from the
European region due to the large-scale practice of aquaculture, which
accounts for nearly 75% of total fish oil demand.
Overview
of the Global Fish Oil Market
The
global fish oil market, which stood at US$1.1 billion in 2011, is
expected to rise to US$1.7 billion by the end of 2018. If the figures
hold true, the market will develop at a positive 5.5% CAGR between
2012 and 2018. In 2011, the global fish oil market sold approximately
1,035 kilo tons of fish oil. The market will register only meager
growth during the forecast period, with the sales expected to rise to
1,130 kilo tons by 2018, exhibiting a slow but positive CAGR of
1.22%.
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a Brochure of this Report
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Rising
awareness regarding the benefits of omega 3 fatty acids, of which
fish oil is a primary source, boosts the global market for fish oil.
With the increasing dietary consumption of omega 3 fatty acid
worldwide, the demand for fish oil is poised to increase
exponentially in the next few years. However, the static or reduced
production of fish oil globally may impede the market growth to a
certain extent.
The
most common sources of omega 3 fatty acids include fish, flax, and
algae. However, a majority of omega 3 is commercially obtained from
fish oils. Omega 3 also helps prevent heart diseases by reducing
harmful triglyceride levels in the body. The growing awareness
regarding such health benefits offered by omega 3 fatty acids has
aided in augmenting the demand for fish oil globally. Companies
mentioned in the research report
COPEINCA
ASA, PAX AS, Croda Inc., Omega Protein Coporation, and Colpex are
some of the leading producers in the global fish oil market.
Fish
Oil Market: Application Analysis
- Aquaculture
- Direct Human Consumption
- Others (Hydrogenation and Industrial)
Fish
Oil Market in Aquaculture, by Species:
- Salmon and Trout
- Marine Fish
- Carps
- Tilapias
- Others (Eels, mackerels, herrings)
Major
geographies analyzed under this research report are:
- Europe
- North America
- Asia-Pacific
- Rest of the World
This
report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key
highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
Browse
the full Press Release :
http://www.transparencymarketresearch.com/pressrelease/fish-oil.htm
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Transparency Market Research employs rigorous primary and secondary
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material for business reports.
Contact
Mr. Atil Chaudhari
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