Press release
Antarctic Krill Oil Market Size,Share,Geography Global and Forecast (2024-2031)
Antarctic krill oil, rich in omega-3 fatty acids, particularly EPA and DHA, has witnessed increasing demand due to rising awareness of its health benefits. Consumers are increasingly seeking out natural sources of omega-3s, viewing krill oil as a potent alternative to traditional fish oil supplements. The perceived superiority of krill oil, attributed to its phospholipid form that enhances absorption, has been a significant driver of market growth.Moreover, product diversification enhances the overall value proposition of Antarctic krill-derived products, expanding the market's offerings beyond traditional fish oil supplements. In November 2020, for lysophosphatidylcholine (LPC)-bound EPA and DHA from krill, Aker BioMarine developed a pilot product and production technique. This discovery led Aker to explore the process of making LPC-bound EPA/DHA from krill, which led to the synthesis of the substance Lysoveta. The krill used for Lysoveta is harvested from Antarctica water.
supplements account for over half of the market share due to their perceived health benefits and increasing consumer awareness. Similarly, North America dominates the Antarctic krill oil market, capturing the largest market share due to the increasing consumer awareness of its health benefits and the presence of major market players in the region.
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Market Dynamics
Lifestyle-related conditions such as cardiovascular diseases, diabetes, and obesity are on the rise globally. For instance, according to the WHO, globally, cardiovascular diseases (CVDs) account for 17.9 million deaths annually. Similarly, 422 million people globally have diabetes. Hence, there is a growing demand for natural and effective solutions to manage these health challenges. Antarctic krill oil, with its rich concentration of omega-3 fatty acids, particularly EPA and DHA, offers a promising approach.
These essential fatty acids are known for their anti-inflammatory properties, which can help mitigate the risk factors associated with lifestyle diseases, including high blood pressure, elevated cholesterol levels, and insulin resistance. The American Heart Association recommends omega-3s as a preventative against cardiovascular disease. Krill oil contains omega-3 fatty acids, which have been linked to a lower risk of heart attacks and strokes. Additionally, research indicates that krill oil reduces lipid and blood pressure, two more heart disease risk factors.
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Segment Analysis
The rising awareness of the health benefits associated with krill oil, particularly its high concentration of omega-3 fatty acids, has driven significant demand for krill oil supplements among consumers seeking to support their overall health and well-being. Krill oil's reputation as a natural and potent source of omega-3s has made it a preferred choice over other supplements derived from fish oil or algae. Moreover, the high bioavailability of krill oil, along with the presence of antioxidants like astaxanthin, further enhances its appeal for supplement use.
Additionally, the versatility of krill oil allows for easy incorporation into various supplement formulations, including soft gels, capsules, and liquid extracts, catering to diverse consumer preferences. In September 2022, Kori Krill Oil, introduced Kori Krill Oil the first Krill Oil gummy that provides Omega-3s in their most natural phospholipid form for superior absorption. This gummy is created with Antarctic krill oil.
Competitive Landscape
The major global players in the market include Aker BioMarine, Coastside Bio Resources, Bronson Nutritionals LLC, Rimfrost AS, Nutrigold, NutriDyn, Shandong Kangjing Marine Biotechnology Co., Ltd, Wallbox Chargers, S.L., Nutracode LLC, Zein Pharma.
Related Reports :-
Krill Oil Supplements Market :- https://www.datamintelligence.com/research-report/krill-oil-supplements-market
Krill Oil Market :- https://www.datamintelligence.com/research-report/krill-oil-market
DHA Supplements Market :- https://www.datamintelligence.com/research-report/dha-supplements-market
Fish Oil Market :- https://www.datamintelligence.com/research-report/fish-oil-market
Edible Oil Market :- https://www.datamintelligence.com/research-report/edible-oil-market
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