Fish Oil is obtained from the tissues of oily fish that contain unsaturated fatty acids, and is used in making a variety of products. The fish oil market includes oil obtained from fishing as well as from aquaculture.Fish oil is also used as a component in aquaculture feed.The majority of global fish oil is used in aquaculture to feed farmed Salmon. Fish oil is derived through various operations such as heating, pressing, pre-straining and centrifugation instead of pressing, oil polishing, evaporation of stick water and drying. Fish oil is a rich source of the omega-3 fatty acidseicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA).Fish oil provides various health benefits; for instance, it reduces the triglyceride level, improves lung functioning, reduces joint pains, reduces depression levels, improves neurological and visual development in infants and reduces the possibility of heart attack and stroke due to the presence of omega-3 fatty acids. The fish oil market is expected to witness substantial growth in the forecast period owing to increasing human consumption and the growing awareness about the health benefits of Omega-3 fatty acids. Moreover, the accelerating demand for aquaculture is expected to fuel the growth of the market in the foreseeable future. However, the demand-supply gap and the volatile fish oil prices are expected to pose challenges for market players. Predator fishes such as Shark, Tuna andSwordfish are also a rich source of omega-3 fatty acids. However, as they are positioned high in the food chain, they tend to contain toxic elements such as mercury, dioxin and PCBs. This would act as another restraining factor for the market. Applications of fish oil include aquaculture, human consumption and other industrial uses. Aquaculture is the largest application segment in terms of revenue and major species farmed in aquaculture are trout, salmon, carp, marine fishes and fresh water fishes. Salmon and trout are mainly farmed for human consumption. Key players in the market are Croda Inc., COPEINCA ASA, EPAX AS and Omega Protein Corporation. Other players are Colpex, American Marine Ingredients, GC Rieber Oils, FF Skagen A/S, Marvesa Holding N.V., Nutrifynn Caps, Inc.,Pesquera Diamante S.A.,andCorpesca S.A.
In order to enable an in-depth analysis, the global fish oil market is segmented based on applications, species and regions.The application segment includes aquaculture, human consumption and other industrial uses. Fish oil is derived from species such as Salmon and Trout, Carps, Marine fish and others. Analysis is carried out across regions, namely, North America, Europe, APAC and LAMEA. Europe is the largest consumer of fish oil owing to increased per capita consumption of fish oil and farming of Salmon and Trout.
The report showcases current and future trends in the global fish oil market to elucidate the imminent investment pockets in the market
Segmentation of the global fish oil market provides an in-depth analysis of applications and end users in different regions
Drivers & opportunities are examined to identify the current factors which are responsible for market growth and upcoming technologies that would boost market growth in the future.
Current and future trends are charted to determine the overall attractiveness of the market
The report provides details about top competitors and their winning strategies
Quantitative analysis of the current market and estimations through 2013-2020 would determine the financial caliber of the market
KEY MARKET SEGMENTS
The global fish oil market is segmented based on species, applications and regions.
MARKET BY APPLICATION
Direct Human Consumption
Others( Hydrogenation and Industrial)
MARKET BY APPLICATION
Salmon and Trout
Others(Eels, Mackerels, Herrings)
MARKET BY GEOGRAPHY
Publisher : Allied Market Research