Market by Spices, Application, and Geography | Forecast 2021-2028
Triton Market Research estimates the global market for fish oil to grow with an anticipated CAGR of 5.62% during the forecast period, and reach a revenue of $2623.19 million by 2028. In addition, the market, in terms of volume, is expected to grow with a CAGR of 3.41%, and amount to 1141.34 kilotons by the same time. The base year considered for the market study is 2020, and the forecasted period is between 2021 and 2028.
The market for fish oil is
showcasing steady growth due to advances in the aquaculture industry. Fish oil is
derived from the tissues of fish species, and comprises a higher percentage of
omega-3 fatty acids, such as DHA and EPA. These omega-3 fatty acids are vital
nutrients for humans and animals.
Triton Market Research
provides in-depth insight into the fish oil market, in its report. The detailed
analysis of the market includes key market insights, Porter’s five forces
analysis, key market strategies, vendor scorecard, COVID-19 impact on market,
and market attractiveness index.
The market is driven by the growing
demand for fish oil by the aged population, as well as the nutritional benefits
offered by the oil. For instance, several governments are spreading awareness regarding
the intake of omega-3 fatty acids in the diet, thereby promoting fish oil
consumption.
However, a dearth in the quantity of fish is a major concern hampering market growth. Further, the rise in fish oil prices and infiltration due to alternative products like vegetable oils also severely affect the market growth negatively.
Key
geographies covered in the global fish oil market are:
•          North America: United States and Canada
•          Europe: United Kingdom, Germany, Denmark, Norway, Belgium,
and Rest of Europe
•          Asia-Pacific: China, Japan, South Korea, ASEAN Countries,
Australia & New Zealand, and Rest of Asia-Pacific
•          Latin America: Brazil, Mexico, Peru, and Rest of Latin
America
•          Middle East and Africa: United Arab Emirates, Turkey,
Saudi Arabia, South Africa, and Rest of Middle East & Africa
The
segmentation analysis of the fish oil market includes:
•          Market by Species:
o         Anchovy
o         Mackerel
o         Sardines
o         Cod
o         Herring
o         Menhaden
o         Other Species
•          Market by Application:
o         Aquaculture
•          Salmon & Trout
•          Marine Fish
•          Crustaceans
•          Tilapias
•          Eels
•          Cyprinids
•          Other Aquaculture
o         Animal Nutrition & Pet Food
o         Pharmaceuticals
o         Supplements & Functional Food
o         Other Applications
The key companies profiled in
the report include Croda
International Plc, Copeinca AS, FMC Corporation, Omega Protein Corporation,
Lysi Hf, Pesquera Diamante SA, Marvesa Holdings NV, Colpex International, BASF
SE, Corpesca SA, Pesquera Exalmar, FF Skagen A/S, Royal DSM NV, Triplenine
Group A/S, and GC Reiber Vivomega Oils.
1. GLOBAL
FISH OIL MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1.  NORTH
AMERICA IS THE MOST PROMISING REGIONAL MARKET
2.2.2.  MACKEREL
IS ANTICIPATED TO GROW AT THE HIGHEST CAGR
2.2.3.  INCREASING
HEALTH AWARENESS AMONG CONSUMERS
2.2.4.  RISING
DEMAND FOR FISH OIL IN SPORTSPERSONS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1.  THREAT
OF NEW ENTRANTS
2.3.2.  THREAT
OF SUBSTITUTE
2.3.3.  BARGAINING
POWER OF SUPPLIERS
2.3.4.  BARGAINING
POWER OF BUYERS
2.3.5.  THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
MARKET STRATEGIES
2.6.1.  ACQUISITIONS
2.6.2.  PARTNERSHIP
& AGREEMENTS
2.6.3.  BUSINESS
EXPANSION
2.7. MARKET
DRIVERS
2.7.1.  SUBSTANTIAL
DEVELOPMENT IN THE AQUACULTURE INDUSTRY
2.7.2.  GROWING
DEMAND FOR FISH OIL IN THE AGED
2.7.3.  NUTRITIONAL
BENEFITS OFFERED BY FISH OIL
2.8. MARKET
RESTRAINTS
2.8.1.  HARSH
WEATHER CONDITIONS
2.8.2.  DEARTH
IN QUANTITY OF FISH OIL
2.8.3.  STRICT
GOVERNMENT GUIDELINES
2.9. MARKET
OPPORTUNITIES
2.9.1.  INCREASING
DEMAND FROM SUPPLEMENT INDUSTRY
2.10. IMPACT
OF COVID-19 ON FISH OIL INDUSTRY
3. GLOBAL
FISH OIL MARKET OUTLOOK – BY SPECIES
3.1. ANCHOVY
3.2. MACKEREL
3.3. SARDINES
3.4. COD
3.5. HERRING
3.6. MENHADEN
3.7. OTHER
SPECIES
4. GLOBAL
FISH OIL MARKET OUTLOOK – BY APPLICATION
4.1. AQUACULTURE
4.1.1.  SALMON
& TROUT
4.1.2.  MARINE
FISH
4.1.3.  CRUSTACEANS
4.1.4.  TILAPIAS
4.1.5.  EELS
4.1.6.  CYPRINIDS
4.1.7.  OTHER AQUACULTURE
4.2. ANIMAL
NUTRITION & PET FOOD
4.3. PHARMACEUTICALS
4.4. SUPPLEMENTS
& FUNCTIONAL FOOD
4.5. OTHER
APPLICATIONS
5. GLOBAL
FISH OIL MARKET – REGIONAL OUTLOOK
5.1. NORTH
AMERICA
5.1.1.  MARKET
BY SPECIES
5.1.2.  MARKET
BY APPLICATION
5.1.2.1. MARKET
BY AQUACULTURE
5.1.3.  COUNTRY
ANALYSIS
5.1.3.1. UNITED
STATES
5.1.3.2. CANADA
5.2. EUROPE
5.2.1.  MARKET
BY SPECIES
5.2.2.  MARKET
BY APPLICATION
5.2.2.1. MARKET
BY AQUACULTURE
5.2.3.  COUNTRY
ANALYSIS
5.2.3.1. UNITED
KINGDOM
5.2.3.2. GERMANY
5.2.3.3. DENMARK
5.2.3.4. NORWAY
5.2.3.5. BELGIUM
5.2.3.6. REST
OF EUROPE
5.3. ASIA-PACIFIC
5.3.1.  MARKET
BY SPECIES
5.3.2.  MARKET
BY APPLICATION
5.3.2.1. MARKET
BY AQUACULTURE
5.3.3.  COUNTRY
ANALYSIS
5.3.3.1. CHINA
5.3.3.2. JAPAN
5.3.3.3. INDIA
5.3.3.4. SOUTH
KOREA
5.3.3.5. ASEAN
COUNTRIES
5.3.3.6. AUSTRALIA
& NEW ZEALAND
5.3.3.7. REST
OF ASIA-PACIFIC
5.4. LATIN
AMERICA
5.4.1.  MARKET
BY SPECIES
5.4.2.  MARKET
BY APPLICATION
5.4.2.1. MARKET
BY AQUACULTURE
5.4.3.  COUNTRY
ANALYSIS
5.4.3.1. BRAZIL
5.4.3.2. MEXICO
5.4.3.3. PERU
5.4.3.4. REST
OF LATIN AMERICA
5.5. MIDDLE
EAST AND AFRICA
5.5.1.  MARKET
BY SPECIES
5.5.2.  MARKET
BY APPLICATION
5.5.2.1. MARKET
BY AQUACULTURE
5.5.3.  COUNTRY
ANALYSIS
5.5.3.1. UNITED
ARAB EMIRATES
5.5.3.2. TURKEY
5.5.3.3. SAUDI
ARABIA
5.5.3.4. SOUTH
AFRICA
5.5.3.5. REST
OF MIDDLE EAST & AFRICA
6. COMPETITIVE
LANDSCAPE
6.1. OMEGA
PROTEIN CORPORATION
6.2. FMC
CORPORATION
6.3. COPEINCA
AS
6.4. CORPESCA
SA
6.5. COLPEX
INTERNATIONAL
6.6. TRIPLENINE
GROUP A/S
6.7. FF
SKAGEN A/S
6.8. MARVESA
HOLDINGS NV
6.9. PESQUERA
DIAMANTE SA
6.10. PESQUERA
EXALMAR
6.11. ROYAL
DSM NV
6.12. CRODA
INTERNATIONAL PLC
6.13. BASF
SE
6.14. GC
REIBER VIVOMEGA OILS
6.15. LYSI
HF
7. METHODOLOGY
& SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: GLOBAL FISH OIL
MARKET, BY GEOGRAPHY, 2021-2028 (IN $ MILLION)
TABLE 2: GLOBAL FISH OIL
MARKET, BY GEOGRAPHY, 2021-2028 (IN KILOTON)
TABLE 3: MARKET ATTRACTIVENESS
INDEX
TABLE 4: VENDOR SCORECARD
TABLE 5: GLOBAL FISH OIL
MARKET, BY SPECIES, 2021-2028 (IN $ MILLION)
TABLE 6: GLOBAL FISH OIL
MARKET, BY SPECIES, 2021-2028 (IN KILOTON)
TABLE 7: GLOBAL FISH OIL
MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 8: GLOBAL FISH OIL
MARKET, BY APPLICATION, 2021-2028 (IN KILOTON)
TABLE 9: GLOBAL FISH OIL
MARKET, BY AQUACULTURE, 2021-2028 (IN $ MILLION)
TABLE 10: GLOBAL FISH OIL
MARKET, BY AQUACULTURE, 2021-2028 (IN KILOTON)
TABLE 11: GLOBAL FISH OIL
MARKET, BY GEOGRAPHY, 2021-2028 (IN $ MILLION)
TABLE 12: GLOBAL FISH OIL
MARKET, BY GEOGRAPHY, 2021-2028 (IN KILOTON)
TABLE 13: NORTH AMERICA FISH
OIL MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 14: NORTH AMERICA FISH
OIL MARKET, BY COUNTRY, 2021-2028 (IN KILOTON)
TABLE 15: NORTH AMERICA FISH
OIL MARKET, BY SPECIES, 2021-2028 (IN $ MILLION)
TABLE 16: NORTH AMERICA FISH
OIL MARKET, BY SPECIES, 2021-2028 (IN KILOTON)
TABLE 17: NORTH AMERICA FISH
OIL MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 18: NORTH AMERICA FISH
OIL MARKET, BY APPLICATION, 2021-2028 (IN KILOTON)
TABLE 19: NORTH AMERICA FISH
OIL MARKET, BY AQUACULTURE, 2021-2028 (IN $ MILLION)
TABLE 20: NORTH AMERICA FISH
OIL MARKET, BY AQUACULTURE, 2021-2028 (IN KILOTON)
TABLE 21: EUROPE FISH OIL
MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 22: EUROPE FISH OIL
MARKET, BY COUNTRY, 2021-2028 (IN KILOTON)
TABLE 23: EUROPE FISH OIL
MARKET, BY SPECIES, 2021-2028 (IN $ MILLION)
TABLE 24: EUROPE FISH OIL
MARKET, BY SPECIES, 2021-2028 (IN KILOTON)
TABLE 25: EUROPE FISH OIL
MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 26: EUROPE FISH OIL
MARKET, BY APPLICATION, 2021-2028 (IN KILOTON)
TABLE 27: EUROPE FISH OIL
MARKET, BY AQUACULTURE, 2021-2028 (IN $ MILLION)
TABLE 28: EUROPE FISH OIL
MARKET, BY AQUACULTURE, 2021-2028 (IN KILOTON)
TABLE 29: ASIA-PACIFIC FISH
OIL MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 30: ASIA-PACIFIC FISH
OIL MARKET, BY COUNTRY, 2021-2028 (IN KILOTON)
TABLE 31: ASIA-PACIFIC FISH
OIL MARKET, BY SPECIES, 2021-2028 (IN $ MILLION)
TABLE 32: ASIA-PACIFIC FISH
OIL MARKET, BY SPECIES, 2021-2028 (IN KILOTON)
TABLE 33: ASIA-PACIFIC FISH
OIL MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 34: ASIA-PACIFIC FISH
OIL MARKET, BY APPLICATION, 2021-2028 (IN KILOTON)
TABLE 35: ASIA-PACIFIC FISH
OIL MARKET, BY AQUACULTURE, 2021-2028 (IN $ MILLION)
TABLE 36: ASIA-PACIFIC FISH
OIL MARKET, BY AQUACULTURE, 2021-2028 (IN KILOTON)
TABLE 37: LATIN AMERICA FISH
OIL MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 38: LATIN AMERICA FISH
OIL MARKET, BY COUNTRY, 2021-2028 (IN KILOTON)
TABLE 39: LATIN AMERICA FISH OIL
MARKET, BY SPECIES, 2021-2028 (IN $ MILLION)
TABLE 40: LATIN AMERICA FISH
OIL MARKET, BY SPECIES, 2021-2028 (IN KILOTON)
TABLE 41: LATIN AMERICA FISH
OIL MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 42: LATIN AMERICA FISH
OIL MARKET, BY APPLICATION, 2021-2028 (IN KILOTON)
TABLE 43: LATIN AMERICA FISH
OIL MARKET, BY AQUACULTURE, 2021-2028 (IN $ MILLION)
TABLE 44: LATIN AMERICA FISH
OIL MARKET, BY AQUACULTURE, 2021-2028 (IN KILOTON)
TABLE 45: MIDDLE EAST AND
AFRICA FISH OIL MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 46: MIDDLE EAST AND
AFRICA FISH OIL MARKET, BY COUNTRY, 2021-2028 (IN KILOTON)
TABLE 47: MIDDLE EAST AND
AFRICA FISH OIL MARKET, BY SPECIES, 2021-2028 (IN $ MILLION)
TABLE 48: MIDDLE EAST AND
AFRICA FISH OIL MARKET, BY SPECIES, 2021-2028 (IN KILOTON)
TABLE 49: MIDDLE EAST AND
AFRICA FISH OIL MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 50: MIDDLE EAST AND
AFRICA FISH OIL MARKET, BY APPLICATION, 2021-2028 (IN KILOTON)
TABLE 51: MIDDLE EAST AND
AFRICA FISH OIL MARKET, BY AQUACULTURE, 2021-2028 (IN $ MILLION)
TABLE 52: MIDDLE EAST AND
AFRICA FISH OIL MARKET, BY AQUACULTURE, 2021-2028 (IN KILOTON)
FIGURE 1: PORTER’S FIVE FORCES
ANALYSIS
FIGURE 2: GLOBAL FISH OIL
MARKET, BY ANCHOVY, 2021-2028 (IN $ MILLION)
FIGURE 3: GLOBAL FISH OIL
MARKET, BY MACKEREL, 2021-2028 (IN $ MILLION)
FIGURE 4: GLOBAL FISH OIL
MARKET, BY SARDINES, 2021-2028 (IN $ MILLION)
FIGURE 5: GLOBAL FISH OIL
MARKET, BY COD, 2021-2028 (IN $ MILLION)
FIGURE 6: GLOBAL FISH OIL
MARKET, BY HERRING, 2021-2028 (IN $ MILLION)
FIGURE 7: GLOBAL FISH OIL
MARKET, BY MENHADEN, 2021-2028 (IN $ MILLION)
FIGURE 8: GLOBAL FISH OIL
MARKET, BY OTHER SPECIES, 2021-2028 (IN $ MILLION)
FIGURE 9: GLOBAL FISH OIL
MARKET, BY AQUACULTURE, 2021-2028 (IN $ MILLION)
FIGURE 10: GLOBAL FISH OIL
MARKET, BY SALMON & TROUT, 2021-2028 (IN $ MILLION)
FIGURE 11: GLOBAL FISH OIL
MARKET, BY MARINE FISH, 2021-2028 (IN $ MILLION)
FIGURE 12: GLOBAL FISH OIL
MARKET, BY CRUSTACEANS, 2021-2028 (IN $ MILLION)
FIGURE 13: GLOBAL FISH OIL
MARKET, BY TILAPIAS, 2021-2028 (IN $ MILLION)
FIGURE 14: GLOBAL FISH OIL
MARKET, BY EELS, 2021-2028 (IN $ MILLION)
FIGURE 15: GLOBAL FISH OIL
MARKET, BY CYPRINIDS, 2021-2028 (IN $ MILLION)
FIGURE 16: GLOBAL FISH OIL
MARKET, BY OTHER AQUACULTURE, 2021-2028 (IN $ MILLION)
FIGURE 17: GLOBAL FISH OIL
MARKET, BY ANIMAL NUTRITION & PET FOOD, 2021-2028 (IN $ MILLION)
FIGURE 18: GLOBAL FISH OIL
MARKET, BY PHARMACEUTICALS, 2021-2028 (IN $ MILLION)
FIGURE 19: GLOBAL FISH OIL
MARKET, BY SUPPLEMENTS & FUNCTIONAL FOOD, 2021-2028 (IN $ MILLION)
FIGURE 20: GLOBAL FISH OIL
MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
FIGURE 21: GLOBAL FISH OIL
MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 22: UNITED STATES FISH
OIL MARKET 2021-2028 (IN $ MILLION)
FIGURE 23: CANADA FISH OIL
MARKET 2021-2028 (IN $ MILLION)
FIGURE 24: UNITED KINGDOM FISH
OIL MARKET 2021-2028 (IN $ MILLION)
FIGURE 25: GERMANY FISH OIL
MARKET 2021-2028 (IN $ MILLION)
FIGURE 26: DENMARK FISH OIL
MARKET 2021-2028 (IN $ MILLION)
FIGURE 27: NORWAY FISH OIL
MARKET 2021-2028 (IN $ MILLION)
FIGURE 28: BELGIUM FISH OIL
MARKET 2021-2028 (IN $ MILLION)
FIGURE 29: REST OF EUROPE FISH
OIL MARKET 2021-2028 (IN $ MILLION)
FIGURE 30: CHINA FISH OIL
MARKET 2021-2028 (IN $ MILLION)
FIGURE 31: JAPAN FISH OIL
MARKET 2021-2028 (IN $ MILLION)
FIGURE 32: INDIA FISH OIL
MARKET 2021-2028 (IN $ MILLION)
FIGURE 33: SOUTH KOREA FISH
OIL MARKET 2021-2028 (IN $ MILLION)
FIGURE 34: ASEAN COUNTRIES
FISH OIL MARKET 2021-2028 (IN $ MILLION)
FIGURE 35: AUSTRALIA & NEW
ZEALAND FISH OIL MARKET 2021-2028 (IN $ MILLION)
FIGURE 36: REST OF
ASIA-PACIFIC FISH OIL MARKET 2021-2028 (IN $ MILLION)
FIGURE 37: BRAZIL FISH OIL
MARKET 2021-2028 (IN $ MILLION)
FIGURE 38: MEXICO FISH OIL
MARKET 2021-2028 (IN $ MILLION)
FIGURE 39: PERU FISH OIL
MARKET 2021-2028 (IN $ MILLION)
FIGURE 40: REST OF LATIN
AMERICA FISH OIL MARKET 2021-2028 (IN $ MILLION)
FIGURE 41: UNITED ARAB
EMIRATES FISH OIL MARKET 2021-2028 (IN $ MILLION)
FIGURE 42: TURKEY FISH OIL
MARKET 2021-2028 (IN $ MILLION)
FIGURE 43: SAUDI ARABIA FISH
OIL MARKET 2021-2028 (IN $ MILLION)
FIGURE 44: SOUTH AFRICA FISH
OIL MARKET 2021-2028 (IN $ MILLION)
FIGURE 45: REST OF MIDDLE EAST
& AFRICA FISH OIL MARKET 2021-2028 (IN $ MILLION)