U.S. and South America Fish Oil Market Estimated To Skyrocket in the Forecast Period 2021-2030|FMC Corporation, Nordic Naturals, Wileys's Finest

The U.S. and South America fish oil market size was valued at $677.6 million in 2019, and is projected to reach $1,119.4 million by 2027, registering a CAGR of 9.8% from 2021 to 2027.

U.S. and South America Fish Oil Market by Type (Salmon, Cod, Anchovy, Tuna, Trout, & Others), and Application (Dietary Supplements & Functional Food): Opportunity Analysis and Industry Forecast, 2021-2027

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Fish oil is derived from the tissues of fish with high fat content. It serves as a rich source of the essential nutrient, omega-3 fatty acid. Regular consumption or supplementation of fish oil has been associated with improving conditions such as clinical depression, rheumatoid arthritis, cancer, and macular degeneration. In addition, fish oil plays a vital role in maintaining a healthy balance between omega-3 and omega-6 fatty acids, which helps in reducing the inflammatory processes in the human body. Moreover, it helps in lowering the risks of coronary heart diseases and maintaining normal blood pressure and normal bold lipid level. Furthermore, it serves as a beneficial supplement for pregnant women and kids, as it is an important component in balanced nutrition.

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The growth of the U.S. and South America fish oil market can be attributed rise in concern about inflammatory diseases among people leading to rise in purchase of omega-3 supplements. Moreover, increase in awareness about the effect of nutrition-deficient diet on long-term health has encouraged consumers to invest more on supplementation and functional food, which has boosted the sale for supplements such as whey protein, multivitamins, and omega-3 capsules. Furthermore, rise in popularity of fish oil supplements among the fitness community is anticipated to create remunerative opportunities for the expansion of the fish oil market.

Furthermore, rise in popularity of fish oil supplements among the fitness community is anticipated to create remunerative opportunities for the expansion of the fish oil marketHowever, rise in the adoption of veganism, shortage of raw fish due to unfavorable weather and fishing quota restrictions act as the major restrain for the fish oil market. On the contrary, rise in the popularity for fish oil among ageing population and growing application of fish oil in functional food is expect to open avenue for the U.S. and South America fish oil market growth.

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Segment Review:

The U.S. and South America fish oil market is segmented into type, application, and country. By type, the market is segregated into salmon, cod, anchovy, tuna, trout, and others, including mackerel, sardines, herring, and menhaden. On the basis of application, it is bifurcated into dietary supplements and functional food. Country wise, it is analyzed across the U.S., Mexico, Brazil, Argentina, and rest of Latin America.

Key Players:

Key players in the market have relied on product launch as their key strategic move to stay relevant in the fish oil industry and improve their stance in the U.S. and South America fish oil market share. The key player in the U.S. and South America fish oil industry profiled in the report are Omega Protein Corporation, FMC Corporation, Nordic Naturals, Wileys's Finest, Barlean's, Optimum Nutrition, Nuzena LLC, Nutrigold, the Nature's Bounty, and Colpex International.

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Key Benefits For Stakeholders

The report provides a quantitative analysis of the current U.S. and South America fish oil market trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing opportunities.
Porter's five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis and the market size and segmentation assists in determining the prevailing U.S. and South America fish oil market opportunities.
The major countries in South America along with U.S. are mapped according their revenue contribution the industry.
The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the industry.

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