Press release
Krill Oil Market expected to generate a revenue of US$ 4.16 Bn by 2027 end, Globally at 7.7 % CAGR
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In-depth details on the market's anticipated growth for the forecast period of 2021-2031 are provided in this analysis. The major objective of the paper is to provide insights into market opportunities that are encouraging the transformation of global krill oil enterprises. This analysis also includes an estimation of the market size and associated revenue forecasts stated in terms of absolute dollar opportunity. It also offers useful information based on anticipated market developments.
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Additionally, the study's insights may be used by new and rising players in the global krill oil market to make smart business decisions that will boost both their companies' growth and that of the market as a whole. For producers, suppliers, distributors, and investors in the global krill oil market, the study is pertinent. The information and data in the report can be utilised by all parties involved as well as by specialists in the field, researchers, journalists, and business researchers.
Companies Covered in This Report -
AdvaCare Pharma
Aker Biomarine
Beijing Be-Better Technology Co. Ltd.
Biocorp Co. Ltd.
Bio-Mer New Zealand
IAF NETWORK S.p.A.
Jarrow Formulas Inc.
KLAIRE LABS
Kori
NORWAY OMEGA LTD.
NOW® Foods
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Krill Oil Market by Category
Krill Oil Market By End Use:
Pharmaceutical
Animal Feed
Others
Krill Oil Market By Sales Channel:
Business to Business
Business to Consumer
Competitive Landscape:
The major key players in the global market of Krill Oil are inclined towards expansion, research & development, and advancement of processing technology. The manufacturers are striving and investing heavily to enhance their operation and innovation capabilities.
In October 2020, Aker BioMarine has established a new distribution warehouse in Chennai, India which has helped in strengthening the presence in the region. India is one of the major markets for shrimp which makes it a significant market for Aker BioMarine. The company is supplying QRILL Aqua products all over India and to Saudi Arabia, Oman, Bangladesh and Sri Lanka from Chennai hub.
In January 2021, Jarrow Formulas, Inc announced its strategic partnership with Natrol LLC. This strategic partnership will help to accelerate the company's mission in providing its customers with high quality supplements at an affordable rate. This will also increase its production capabilities and product portfolio.
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About Food & Beverage Division at Persistence Market Research
The Food & Beverage team at Persistence Market Research provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.
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