Krill Oil Market is expected to grow at high of 11.4% CAGR during the forecast period 2023-2030

Market Overview:
Krill Oil Market is estimated to reach a high CAGR 11.4% during the forecast period 2023-2030.
Krill oil comes from a small shrimp-like creature. Krill is the primary food of baleen whales, manta rays, and whale sharks.
The term "krill" means "whale food" in Norwegian. The oil from krill is extracted, put into capsules, and used as medication. Dry eyes are treated with krill oil. It's also used to treat excessive blood fat levels called triglycerides. It also boosts metabolic activity and guards against omega-3 insufficiency.

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Market Dynamics:
1. The demand for krill oil is increasing due to the growing elderly population and the increased frequency of gastrointestinal diseases.
2. Furthermore, rising consumer awareness of health and wellbeing is fueling demand for dietary supplements.
3. As a result, the socio-economic and upper-middle-class individuals focus on personal care through dietary supplements such as krill oil, driving the market during the forecast period.

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Market Segmentation:
• By Product Type
o Capsules*
o Soft Gels
o Others
• By Distribution Channel
o Online Stores*
o Supermarkets & Hypermarkets
o Departmental Stores
o Retail Stores
o Others

Company Profiles:
1. Aker Biomarine AS*
2. RIMFROST AS
3. Sona
4. Nutrigold
5. Walgreen Co.
6. Onnit Labs, Inc.
7. Organika Health Products Inc.
8. Essential Nutrition Europe (International Natural Products GmbH)
9. Seroyal
10. Nutrisan
11. Suja Juice

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