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Krill Oil Market 2021 Astonishing Growth in Worldwide With Eminent Key Players Aker BioMarine, Ergomax, Neptune Wellness Solutions Inc, Norwegian Fish Oil AS, Nutracode LLC and others

04-19-2021 09:49 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Krill Oil Market

Krill Oil Market

Krill oil is derived from Euphausia superba, a species of Antarctic krill. Similar to fish oils, krill oils are consumed to treat high blood pressure, osteoarthritis, stroke, premenstrual syndrome (PMS), etc. Krill oils are a rich source of docosahexaenoic (DHA), phospholipid-derived fatty acids (PLFA), and omega-3 polyunsaturated fatty acids. However, the omega-3 fatty acids found in krill oils are more readily absorbed and transported to cells in the phospholipid forms.

The growing consumer concerns over meeting daily dietary requirements have fuelled the demand for nutritional supplements and capsules. The spurt in demand for nutritional supplements and capsules has led to significant consumption of krill oils. Krill oil is seen as a rich source of a number of essential nutrients such as omega-3 fatty acids EPA & DHA, phospholipids, choline, and astaxanthin. The growing consumer awareness about the health benefits of these nutrients has swayed significantly large share of consumers towards consuming krill oil in the form of capsules. Claims laid by krill oil manufacturers that krill oils are nutritionally better and do not lead to reflux or belching of unpleasant fish flavors, and the fish aftertaste is likely to draw consumers towards krill oils and subsequently augment the sales of krill oils. The rising demand for fortified animal feeds and pet foods are also expected to further propel the demand for krill oil.

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Key Players:
1. Aker BioMarine
2. Ergomax
3. Neptune Wellness Solutions Inc
4. Norwegian Fish Oil AS
5. Nutracode LLC
6. NutriGold Inc.
7. NWC Naturals Inc.
8. Qingdao Kangjing Marine Biotechnology Co., LTD.
9. Rimfrost AS
10. Schiff Nutrition International, Inc.

Market Scope:
The "Global Krill Oil Market Analysis to 2027" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the krill oil market with detailed market segmentation by form, application, and geography. The global krill oil market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading krill oil market players and offers key trends and opportunities in the market.

Market Segmentation:
The global krill oil market is segmented on the basis of form and application. On the basis of form, the krill oil market is segmented into, liquid, tablets, soft-gels, and capsules. On the basis of applications, the market is bifurcated into, dietary supplements, animal feed, functional food and beverages, pharmaceuticals, and others.

Regional Outlook:
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global krill oil market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The krill oil market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the krill oil market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the krill oil market in these regions.

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ABOUT US:
The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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