openPR Logo
Press release

Krill Oil Market Trends, Share, Size, Growth, Opportunity and Forecast to 2031

The Krill Oil Market is expected to grow step-wise in the next 10 years. Video-calling has penetrated the healthcare vertical, resulting in effective long-distance monitoring. Virtual doctor visits are followed by superlative telemedicine, which results in cost-effectiveness as well as various options to choose from (regarding medical practitioners). This would be how the healthcare vertical go in the upcoming period.

As per latest industry analysis by Persistence Market Research, the global krill oil market is anticipated to expand at a value CAGR of 8.4% and top a valuation of US$ 316 Mn by 2031. Consumers' preference for supplements is transitioning from meeting nutritional deficiencies to controlling and preventing diseases. Supplements, being one of the major end-use segments of krill oil, are offering promising growth opportunities to manufacturers of krill oil.

Poor lifestyle choices of the population across the globe have become a cause of concern with rising incidence of chronic diseases. Consumers' eagerness to spend money on foods that provide higher nutritional value is a major factor driving krill oil usage. Krill oil is considered healthier to consume since it contains nutrients such as DHA and EPA, which aid with brain development.

To remain 'ahead' of your competitors, request for a samples@https://www.persistencemarketresearch.com/samples/6721

In addition, people engage in physical activities, eat natural and organic foods that improve their health, take healthy supplements, and adhere to a particular diet. As a result of increased health and wellness awareness among the public, as well as rising number of affluent customers, the market for health supplements is fast-growing internationally. Demand for marine-sourced supplements such as krill oil supplements is on the rise owing to rising consumer awareness regarding their health benefits.

Key Takeaways from Market Study:

The market for krill oil is expected to expand at volume CAGRs of 9.4% and 8.8% in South Asia and East Asia regions, respectively through 2031.
Based on end use, the supplements segment is currently valued at US$ 111.91 Mn.
Canada and Poland in North America and Europe, respectively, are set to witness high CAGRs of 8.1% and 9.2%.
Based on sales channel, the business to consumer segment is valued at US$ 111.02 Mn.
Growing preference for supplements is expected to increase sales of krill oil across global markets. The supplement segment is currently pegged at 1,974.6 tons and is expected to progress at a CAGR of 7.1%.
The volume of krill oil consumption in the European region is expected to reach 1,367.0 tons by 2031.

Download TOC, list of figures & tables@https://www.persistencemarketresearch.com/market-research/krill-oil-market/toc

Competitive Landscape:

Manufacturers of krill oil are focused on continuously investing in the advancement of technology and equipment to improve production to cater to growing demand. Companies are also strategically investing in product development to improve their revenues.

In November 2020, Aker BioMarine launched a new delivery-based platform, Lysoveta. The platform is based on LPC-bound EPA and DHA sourced from Krill.
In September 2016, Rimfrost AS developed a patented krill powder for human nutraceutical applications in collaboration with the University of Bergen.

For in-depth competitive analysis, buy now@https://www.persistencemarketresearch.com/checkout/6721

Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About us:
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Krill Oil Market Trends, Share, Size, Growth, Opportunity and Forecast to 2031 here

News-ID: 2726245 • Views:

More Releases from Persistence Market Research

Polyurethane Catalyst Market to Reach US$ 3.96 Billion by 2032 Driving Growth, Sustainability, and Innovation
Polyurethane Catalyst Market to Reach US$ 3.96 Billion by 2032 Driving Growth, S …
Polyurethane (PU) catalysts are specialized chemicals that play a critical role in the production of polyurethane materials. These catalysts accelerate and control the chemical reaction between polyols and isocyanates, which form polyurethane products. Polyurethanes are versatile materials used in flexible and rigid foams, coatings, adhesives, sealants, elastomers, textiles, and other applications. The performance of polyurethane products heavily depends on the type and efficiency of the catalyst used in their production. According
Europe Basalt Fibre Market Set to Grow from US$ 83.5 Million in 2025 to US$ 195.5 Million by 2032 Driving Sustainable Industrial Growth
Europe Basalt Fibre Market Set to Grow from US$ 83.5 Million in 2025 to US$ 195. …
The European basalt fibre market has witnessed substantial growth in recent years, driven by increasing demand across multiple industries, including construction, automotive, aerospace, and wind energy. Basalt fibre, derived from natural volcanic rock, offers high strength, non-corrosive properties, and environmental benefits, positioning it as an attractive alternative to traditional materials such as glass and carbon fibres. As the European Union moves toward its Net-Zero 2050 targets, the adoption of sustainable
Asia Pacific Automotive Metal Stamping Market Expected to Rise from US$ 47.9 Billion in 2024 to US$ 72.5 Billion by 2031, with a 6.1% CAGR | Persistence Market Research
Asia Pacific Automotive Metal Stamping Market Expected to Rise from US$ 47.9 Bil …
The Asia Pacific automotive metal stamping market is poised for significant growth, with its market value projected to reach US$ 47.9 billion by 2024. Analysts anticipate the market will expand at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031, ultimately achieving a valuation of US$ 72.5 billion by 2031. This upward trajectory is underpinned by a robust expansion in the automotive industry, growing consumer preference for
North America Commercial Refrigeration Fans Market: Innovations and Growth Opportunities in Energy-Efficient Cooling
North America Commercial Refrigeration Fans Market: Innovations and Growth Oppor …
The North American commercial refrigeration fans market is experiencing dynamic growth due to the increasing demand for energy-efficient cooling solutions in retail, foodservice, and cold chain logistics. Commercial refrigeration systems are integral to preserving perishable goods, maintaining food safety, and reducing spoilage. Fans play a crucial role in circulating air within refrigeration units, ensuring uniform cooling and optimal performance. With rising energy costs and stricter environmental regulations, manufacturers are focusing

All 5 Releases


More Releases for CAGR

[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends. Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064 According to the report published by Allied Market Research,
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032. This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031. Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,