Press release
Krill Oil Market Size, Share & Trends Analysis Report By Technology, By Product, By Application, And Segment Forecasts, 2021 – 2027
The Krill Oil Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The Global Krill Oil Market Size is Projected to Reach at a CAGR of 14% during 2021-2027.
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Market Overview
The rising adoption of fish oil alternatives is driving the krill oil market growth. Earlier, fish oil was only consumed on doctor recommendation but it has been increasing in the last few years, owing to the growing awareness regarding the health benefits of krill oil, which in turn boosted the market studied.
There is a growing demand for special/premium infant formula products. DHA and EPA are essential for infant brain development and immunity strength.
The rising demand for supplements containing ingredients such as eicosapentaenoic acid (EPA), docosahexaenoic acid (DHA) and omega-3 fatty acids is expected to augment the utilization of these products.
Top Leading Companies:
Aker BioMarine, Enzymotec, Omega Protein, Reckitt Benckiser, Rimfrost, Allinon Pharma, Health Natura, NHS Labs, Norway Omega, Nutrifynn Caps, NutriStart, Savant Distribution, Viva Naturals
Recent Development:
Omega Protein has acquired 2 companies of its own. Omega Protein’s largest acquisition to date was in 2014 when it acquired Bioriginal Food & Science for $73M. Omega Protein has been acquired in 1 US state, and 2 countries. The Company’s most targeted sectors include consumer products (50%) and food (50%). Omega Protein Corp. is a nutritional product company that develops, produces and delivers healthy products to human and animal nutrition markets. Omega Protein was founded in 1913 and is based in Houston, Texas.
Savant Capital Management, a nationally-recognized fee-only wealth management firm headquartered in Rockford, IL, with locations in Chicago, Downers Grove, Freeport, Hoffman Estates, Naperville, Peoria, St. Charles, Sterling, and Wilmette, IL; Santa Fe, NM; Madison and Park Falls, WI; and McLean, VA, today announced that it is pioneering an innovative and unmatched approach to transforming the industry of fee-only, independent RIAs. With six successful acquisitions since 2012, an innovative recapitalization of $56 million, a unique employee-ownership structure, and recent hires comprised of seasoned mergers and acquisitions (M&A), knowledgeable team leaders, Savant is well-positioned to provide the best-in-class M&A approach in the industry.
Krill Oil Market Segmentation by Type:
Krill Oil Tablet
Liquid Krill Oil
Krill Oil Market Segmentation by Application:
Kids
Adults
Senior Citizens
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Asia-Pacific Witnessed a Significant Market Growth
The Asia-Pacific is expected to be the fastest-growing market during the forecast period. The regional growth is driven by countries such as Japan and China on account of changing health and wellness trends in these countries. Europe holds the largest market share followed by North America. The Scandinavian countries in the European region are the major consumers of krill oil. The presence of krill oil manufacturers such as Aker BioMarine & Rimfrost AS and high raw material availability due to proximity to the Arctic Ocean are likely to play a key role in propelling growth during the forecast period.
Regional Krill Oil Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Krill Oil Market Report:
Detailed overview of Krill Oil Market
Changing the Krill Oil market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Krill Oil market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Krill Oil Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Krill Oil Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Krill Oil industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
We Offer Customization on Report Based on Specific Client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
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