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Fish Oil Market to Reach USD 3.97 Billion by 2032, Growing at a CAGR of 5.9%

01-13-2025 02:23 AM CET | Food & Beverage

Press release from: STELLAR MARKET RESEARCH

Fish Oil Market

Fish Oil Market

๐…๐ข๐ฌ๐ก ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 2.50 billion in 2024, and the total Fish Oil revenue is expected to grow at a CAGR of 5.9% from 2025 to 2032, reaching nearly USD 3.97 billion by 2032. This growth reflects increasing demand for fish oil in dietary supplements, cosmetics, and aquaculture feed, driven by rising awareness of the health benefits of omega-3 fatty acids.

๐…๐ข๐ฌ๐ก ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

Fish oil is derived from the tissues of fatty fish such as salmon, trout, mackerel, and herring. It is a rich source of omega-3 fatty acids, particularly DHA (docosahexaenoic acid) and EPA (eicosapentaenoic acid), which play a critical role in supporting cardiovascular health, reducing inflammation, and improving overall health. The rising use of fish oil in aquaculture feed, dietary supplements, and cosmetics has contributed significantly to its market growth. Additionally, fish oil supplements offering a blend of EPA and DHA have gained traction among health-conscious consumers, further driving market expansion.

๐“๐จ ๐ž๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Ÿ๐ฎ๐ซ๐ญ๐ก๐ž๐ซ ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก, ๐ฉ๐ฅ๐ž๐š๐ฌ๐ž ๐ ๐จ ๐ญ๐จ:https://www.stellarmr.com/report/req_sample/Fish-Oil-Market/1602

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐…๐ข๐ฌ๐ก ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The Fish Oil Market is driven by several factors, including its increased usage in cosmetics and its critical role in the nutraceutical industry. Fish oil's omega-3 fatty acids are recognized for their skin-nourishing and anti-inflammatory properties, making it a sought-after ingredient in skincare and hair care products. In the nutraceutical sector, fish oil supplements are gaining popularity as preventive healthcare products due to their benefits for heart health, brain function, and overall wellness. Furthermore, government recommendations promoting omega-3 consumption, particularly in countries like the US and Canada, have significantly boosted the adoption of fish oil supplements among health-conscious individuals.

๐…๐ข๐ฌ๐ก ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The global Fish Oil Market has observed a notable trend in the increase in aquaculture activities, where fish oil is used as a critical component in fish feed. The growth of aquaculture, projected to reach USD 532 million by 2030, is directly enhancing the demand for fish oil. Additionally, the growing consumer focus on health and wellness has driven the demand for omega-3-rich fish oil in dietary supplements and functional foods. The rise of online specialty retailers offering diverse fish oil products has further improved market accessibility, contributing to its global expansion.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.stellarmr.com/report/enquire_now/Fish-Oil-Market/1602

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐…๐ข๐ฌ๐ก ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam has emerged as a key player in the fish oil market, benefiting from its vast marine resources and robust aquaculture sector. Recent investments in modern fishing technologies and processing facilities have bolstered the production and export of fish oil. Minh Phu Seafood Corporation and Vinh Hoan Corporation have entered joint ventures to expand their market presence and adopt sustainable practices, further driving growth.

๐…๐ข๐ฌ๐ก ๐Ž๐ข๐ฅ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand is witnessing a rising demand for fish oil in the nutraceuticals and dietary supplements sectors. The country's government has introduced initiatives to enhance the aquaculture sector, resulting in improved fish oil production. Charoen Pokphand Foods recently invested in advanced omega-3 extraction facilities, catering to domestic and international markets.

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง'๐ฌ ๐…๐ข๐ฌ๐ก ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Japan remains a leader in fish oil production, emphasizing innovation and quality. The market is driven by high consumer demand for omega-3 supplements, attributed to the country's health-conscious population. Companies like Nippon Suisan Kaisha are investing heavily in R&D for bioactive compounds derived from fish oil. Strategic partnerships between Japanese firms and global players are strengthening the supply chain.

๐…๐ข๐ฌ๐ก ๐Ž๐ข๐ฅ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's fish oil market is expanding due to increasing applications in cosmetics and nutraceuticals. Dongwon Industries has implemented vertical integration strategies, ensuring quality control and cost efficiency. The government's focus on sustainable fishing practices aligns with global trends, creating long-term growth opportunities.

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž'๐ฌ ๐…๐ข๐ฌ๐ก ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ

Singapore is emerging as a regional hub for fish oil trade, leveraging its strategic location and advanced logistics infrastructure. Companies like NutraDome Pte Ltd have capitalized on the growing demand for premium-grade fish oil products. The country's strong regulatory framework ensures high-quality standards, enhancing its reputation in the global market.

๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’ ๐…๐ข๐ฌ๐ก ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ

The United States holds a significant share of the fish oil market, driven by robust demand in the dietary supplements and pharmaceuticals sectors. Recent mergers, such as the acquisition of Omega Protein by Cooke Inc., have streamlined production and distribution networks. Additionally, the increasing focus on sustainable fishing practices is expected to further solidify the US's market position.

๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž'๐ฌ ๐…๐ข๐ฌ๐ก ๐Ž๐ข๐ฅ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ

Europe remains a dominant player in the fish oil market, driven by countries like Norway and Denmark. Marine Harvest ASA has been at the forefront of innovation, focusing on eco-friendly extraction methods. European Union's stringent regulations on fish oil production ensure sustainability and quality, contributing to steady market growth.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ? ๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ:https://www.stellarmr.com/report/req_sample/Fish-Oil-Market/1602

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐…๐ข๐ฌ๐ก ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

By Process

Crude Fish Oil
Refined Fish Oil
Modified Fish Oil

By Product

Anchovy Oil
salmon Oil
Tuna Oil
Others

By End-User

Aquaculture
Animal Feed
Nutritional Supplements
Pharmaceuticals
Others

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐…๐ข๐ฌ๐ก ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

Omega Protein Corporation
FF Skagen A/S
Pesquera Diamante S.A.
Copeinca AS
Marvesa Holding N.V.
Pesquera Exalmar
Corpesca S.A.
Colpex International
FMC Corporation
TripleNine Group A/S

๐’๐ž๐ž๐ค๐ข๐ง๐  ๐๐ž๐ž๐ฉ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ค๐ง๐จ๐ฐ๐ฅ๐ž๐๐ ๐ž? ๐“๐ก๐ž ๐ฌ๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ ๐จ๐Ÿ๐Ÿ๐ž๐ซ๐ฌ ๐œ๐ซ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:https://www.stellarmr.com/report/Fish-Oil-Market/1602

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

Graphene Market https://www.stellarmr.com/report/Graphene-Market/109
UPS Battery Market https://www.stellarmr.com/report/UPS-Battery-Market/144
Bicycle Market https://www.stellarmr.com/report/Bicycle-Market/179
Renewable Energy Market https://www.stellarmr.com/report/Renewable-Energy-Market/180
Specialty Vehicle Market https://www.stellarmr.com/report/Specialty-Vehicle-Market/181
Spinning Machinery Market https://www.stellarmr.com/report/Spinning-Machinery-Market/201
Consumer Audio Market https://www.stellarmr.com/report/Consumer-Audio-Market/219
Mining Equipment Market https://www.stellarmr.com/report/Mining-Equipment-Market/258
White Goods Market https://www.stellarmr.com/report/Global-White-Goods-Market/261
Cycling Wear Market https://www.stellarmr.com/report/Cycling-Wear-Market/272

Contact Stellar Market Research:

S.no.8, h.no. 4-8 Pl.7/4, Kothrud,

Pinnac Memories Fl. No. 3, Kothrud, Pune,

Pune, Maharashtra, 411029

sales@stellarmr.com

About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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