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Krill Oil Market Current Scenario and Future Growth Analysis by 2027

01-07-2021 07:28 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Krill Oil Market

Krill Oil Market

Krill is a supplement that is gaining high demand in the market as an alternative to fish oil. It is a rich source of eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA), is a type of omega fats that are mainly found in marine species. Krill oil has numerous health benefits as it has anti-inflammatory properties and also helps in reducing arthritis and joint pain. The fats present in the krill oil is easier for the body to absorb in the bloodstream. The consumption of krill oil can also enhance the blood flow and reduce the risk of heart disease.

Krill oil is a nutrient rich extract derived from the species, Antarctic krill. Krill oil contains higher concentrations of omega-3 fatty acids on account of which it is considered to be a superior source of omerga-3 as compared to fish oil. The surge in number of cardiovascular related diseases among people in emerging economies has driven the costumers to avoid unhealthy eating habits. Krill oil provides numerous health benefits such as it enhances immune system, reduces obesity, reduces inflammation & joint pains as well as improves the cardiovascular system of the body.

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The global krill oil market has witness a growth in recent few years, owing to its rising demand in the pharmaceutical industry as it is used as dietary supplement. The increasing awareness for health and diet among consumers has fueled the demand for functional foods and nutrition supplements in the market. As a result of which consumers are inclining towards usage of krill oil as an alternative for fish oil. This scenario is expected to foster the demand for krill oil globally in forthcoming years.

Detailed Segmentation:

Global Krill Oil Market, By Form:
Liquid
Tablets
Soft-gel
Capsules

Global Krill Oil Market, By Application:
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)

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Key players active in the global krill oil are Neptune Biotech Pvt. Ltd., Aker BioMarine AS, Enzymotec Ltd, Fuji Chemicals, Krill Canada, Rimfrost, Norwegian Fish Oil, Darduck Frd, and Quingdao Kangjing Marine Biotechnology Co. Ltd.

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Email: sales@coherentmarketinsights.com
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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