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

01-27-2025 02:34 AM CET | Food & Beverage

Press release from: STELLAR MARKET RESEARCH

Fish Oil Market

Fish Oil Market

The ๐…๐ข๐ฌ๐ก ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ was valued at USD 2.50 billion in 2024 and is projected to grow at a CAGR of 5.9% during the forecast period from 2025 to 2032. By the end of 2032, the market is expected to reach approximately USD 3.97 billion. This growth is fueled by increasing applications of fish oil in aquaculture, nutraceuticals, and cosmetics, as well as growing awareness of its health benefits.

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 witnessing significant growth, driven by increasing demand for omega-3 fatty acids in , functional foods, and pharmaceuticals. . These essential fatty acids play a critical role in promoting cardiovascular health, reducing inflammation, and supporting cognitive function. The market for fish oil has gained traction due to its diverse applications across nutraceuticals, cosmetics, and animal feed. Countries such as China, India, and Japan have become major consumers of fish oil, primarily for aquaculture feed, driving significant growth in the Asia-Pacific region. The rise of health and wellness trends and the integration of fish oil in cosmetic formulations are further expanding the market.

๐–๐š๐ง๐ญ ๐ญ๐จ ๐’๐ž๐ž ๐ญ๐ก๐ž ๐“๐ซ๐ž๐ง๐๐ฌ? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž 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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 growth of the Fish Oil Market is driven by:

Increased Usage in Cosmetics: The inclusion of fish oil in skincare and hair care products has surged, owing to its nourishing and anti-inflammatory properties, which enhance skin hydration and hair health.
Nutraceutical Industry Expansion: Growing consumer awareness of the health benefits of omega-3 fatty acids, such as improving heart and brain health, has fueled the demand for fish oil supplements.
Government Recommendations: Policies promoting omega-3 fatty acid consumption, such as dietary guidelines in the US and Canada, are boosting fish oil demand as a convenient source of DHA and EPA.
Aquaculture Demand: The growing aquaculture industry relies heavily on fish oil for aqua feed, which supports the development and health of farmed fish.

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

Aquaculture Expansion: The aquaculture industry's growth, supported by increasing fish farming activities, is driving fish oil demand, particularly as a key ingredient in fish feed.
Health and Wellness Boom: Consumers' increased focus on health and wellness has spurred the adoption of fish oil in nutraceuticals and functional foods.
Digital Retail Growth: The emergence of specialty online retailers has made fish oil products more accessible, catering to diverse consumer needs and contributing to market growth.
Sustainability in Focus: Rising environmental awareness has led to a shift towards sustainable fish oil production methods, including innovations in algae-based omega-3 alternatives to reduce reliance on wild fish harvesting.
These trends underline the market's evolution, driven by advancements in technology, shifting consumer preferences, and a growing emphasis on sustainability.

๐“๐ก๐ž ๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ ๐œ๐š๐ง ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: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ฅ๐จ๐›๐š๐ฅ ๐”๐ฉ๐๐š๐ญ๐ž๐ฌ

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ: ๐…๐ข๐ฌ๐ก ๐Ž๐ข๐ฅ 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's fish oil market is thriving, supported by its robust aquaculture industry. Companies such as Vinh Hoan Corporation and Minh Phu Seafood are leveraging advanced processing techniques to cater to the growing domestic and international demand. Recent mergers include ABC Marine Oils acquiring a local fishery, enhancing supply chain capabilities. Trends indicate a focus on sustainable sourcing to meet export standards.

๐“๐ก๐š๐ข๐ฅ๐š๐ง๐: ๐…๐ข๐ฌ๐ก ๐Ž๐ข๐ฅ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's fish oil market is growing due to increased health awareness . Leading players like Thai Union Group and Charoen Pokphand Foods are investing in omega-3 extraction facilities. Notable developments include XYZ Nutraceuticals partnering with a local supplier to expand production. Opportunities exist in the development of high-purity fish oil for pharmaceutical applications.

๐‰๐š๐ฉ๐š๐ง: ๐“๐ซ๐ž๐ง๐๐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's fish oil market is characterized by innovation and a focus on quality. Companies such as Nippon Suisan Kaisha and Maruha Nichiro Corporation are leading the way with cutting-edge refining techniques. A significant merger saw Ocean Health Co. acquiring SeaWell Japan, enhancing product offerings in the nutraceutical sector. Growth is driven by increasing consumer preference for natural health supplements.

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š: ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š'๐ฌ ๐…๐ข๐ฌ๐ก ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ

South Korea's fish oil industry is benefiting from advancements in biotechnology and growing demand for premium products. Key players like CJ CheilJedang and Dongwon Industries are focusing on high-grade omega-3 oils for the domestic and export markets. Recent consolidation efforts include ABC Biotech Korea merging with MarineLife Extracts, boosting R&D capabilities. Trends highlight a shift towards algae-based omega-3 as an alternative to fish-derived oils.

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž: ๐…๐ข๐ฌ๐ก ๐Ž๐ข๐ฅ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's fish oil market is evolving with an emphasis on innovation and sustainability. Companies such as Golden Omega Asia and Nature's Farm are introducing eco-friendly production methods. A notable development is the acquisition of DEF Nutraceuticals by XYZ Marine Oils, enhancing market presence in Southeast Asia. Opportunities lie in integrating AI for quality control and enhancing product traceability.

๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: ๐…๐ข๐ฌ๐ก ๐Ž๐ข๐ฅ 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ญ๐ก๐ž ๐”๐’

The US fish oil market remains a global leader, driven by high consumer demand for functional foods. Major companies like DSM Nutritional Products and Omega Protein Corporation are investing in sustainable sourcing and advanced processing. Recent acquisitions include ABC Wellness acquiring EcoFish Oils, expanding their product portfolio. Trends point to a surge in demand for fish oil in pet nutrition and infant formulas.

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

Europe's fish oil market is flourishing due to stringent quality standards and increasing awareness about health benefits. Key players like Croda International and BASF SE are focusing on innovation to maintain market leadership. Recent consolidation saw Marine BioSolutions merging with EcoOmega Ltd., enhancing production capacity. Opportunities exist in developing vegan-friendly omega-3 alternatives to cater to a diverse consumer base.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐…๐ฎ๐ฅ๐ฅ ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @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จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Fish-Oil-Market/1602

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ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐’๐ญ๐ž๐ฅ๐ฅ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

โ™ฆ Dental Equipment Market https://www.stellarmr.com/report/dental-equipment-market/2436

โ™ฆ EPDM Market https://www.stellarmr.com/report/epdm-market/2437

โ™ฆ Point Of Care Breathalyzers Market https://www.stellarmr.com/report/point-of-care-breathalyzers-market/2438

โ™ฆ HR Analytics Market https://www.stellarmr.com/report/hr-analytics-market/2440

โ™ฆ Magnetoencephalography Market https://www.stellarmr.com/report/magnetoencephalography-market/2441

โ™ฆ Oleoresin Market https://www.stellarmr.com/report/oleoresin-market/2442

โ™ฆ Nuclear Medicine Market https://www.stellarmr.com/report/nuclear-medicine-market/2443

โ™ฆ Cashmere Clothing Market https://www.stellarmr.com/report/cashmere-clothing-market/2474

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐’๐ญ๐ž๐ฅ๐ฅ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com

๐€๐›๐จ๐ฎ๐ญ ๐’๐ญ๐ž๐ฅ๐ฅ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include 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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