Press release
Fish Oil Market is Recovering from Covid-19 Outbreak- More Details About key players and future analysis 2028
According to The Insight Partners latest market study, titled "Fish Oil Market Forecast to 2028 - COVID-19 Impact and Global Analysis - By Species Type (Blue Whiting, Ancheta, Sardine, Capelin, and Others) and Application (Pharmaceuticals, Animal Nutrition and Pet Food, Aquaculture, and Others)," Fish oil is derived from various species of fish. The fish oil is derived from small, pelagic fish, such as sardines, mackerel, and anchovy, and are being increasingly used in pharmaceuticals and industries.Fish Oil Market was valued at US$ 2,087.39 million in 2021 and is projected to reach US$ 3,178.28 million by 2028. It is expected to grow at a CAGR of 6.2% from 2021 to 2028.
Download Sample PDF Copy of Fish Oil Market study at: http://bit.ly/3UWMWMb
The Prominent/Emerging Players in the Fish Oil Market includes:
• BASF SE
• Copeinca
• Coplex International S.A.C
• Croda International PLC
• DSM
• FF Skagen A/S
• Omega Protein Corporation
• Pelagia AS
• Pesquera Exalmar S.A.A.
• Triplenine
Fish Oil Market Segment Analysis:
Based on the species type, the fish oil market is bifurcated into blue whiting, anchoveta, sardine, capelin, and others. In 2020, the sardine segment was the fastest-growing segment in the market. Sardine is a small, herring-like fish with various nutritional benefits similar to other fishes such as salmon. The oil extracted from sardine is also used as a lubricant and is mostly used in paints, varnishes, biofuels, and linoleum.
Inquiry before Buying on Fish Oil Market at: http://bit.ly/3ERrN09
Fish oil is associated with various health benefits and helps in reducing the risk of cardiovascular diseases, lowers blood pressure, and slows the buildup of atherosclerotic plaques. Fish oil is also considered one of the valuable nutrients for both humans and livestock. Fish liver oil and fish body oil are the two types of fish oil. Fish oil is a rich source of Omega-3 fatty acids and includes the presence of vitamins and minerals, such as vitamin A and vitamin D, which are essential for the human body. In addition, the DHA present in fish oil improves memory and cognitive function and plays an important role in the development of an infant's brain. Thus, such health benefits are aiding the fish oil market growth across the world.
Impact of COVID-19 Pandemic on Fish Oil Market Growth
The COVID-19 pandemic negatively impacted the food and beverage industry with the shutdown of manufacturing facilities, difficulty in procuring raw materials, and restrictions on logistic operations. The disruptions in the supply of raw materials to manufacturers hampered fish oil production. However, during the pandemic, the demand for fish oil increased due to the rising trend of healthy food consumption. The increased focus of consumers on their health due to the COVID-19 pandemic is also aiding the fish oil market demand, which is expected to support its recovery over the forecast period.
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contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize 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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