Press release
Fish Oil Market to Reach USD 24,633 Million by 2034 Amid Soaring Demand for Omega-3 Supplements
Fish Oil market
Increasing awareness of omega-3 fatty acids' role in promoting heart and brain health has significantly boosted the demand for fish oil in recent years. Known for its anti-inflammatory properties, fish oil is widely used to treat chronic inflammatory conditions. Its applications are not limited to healthcare; fish oil is also gaining traction in skincare, where it is used to alleviate conditions like psoriasis and dermatitis. With growing research and new applications in cosmetics, animal feed, and pharmaceuticals, the fish oil market is poised for further expansion.
๐๐ญ๐๐ฒ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ - ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐๐จ๐ซ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ! https://www.futuremarketinsights.com/report-sample#5245502D47422D36363836
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Market Value Surge: The global fish oil market will grow from USD 10,401.5 million in 2024 to USD 24,633 million by 2034, exhibiting a 9% CAGR.
โข Growing Health Consciousness: Rising consumer focus on preventive healthcare is propelling omega-3 supplement sales globally.
โข Wide Range of Applications: Fish oil is extensively used in dietary supplements, pharmaceuticals, animal feed, and skincare.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
โข Health Awareness: Consumers increasingly recognize omega-3's benefits in reducing cardiovascular risks and improving cognitive functions, spurring demand for fish oil supplements.
โข Expanding Application Areas: New research is identifying fish oil's potential in sectors like cosmetics and functional foods, boosting its adoption across industries.
โข Pet and Livestock Nutrition: Growing use of fish oil in animal nutrition, particularly for pets and aquaculture feed, is another major growth contributor.
Challenges
โข Sustainability Concerns: Overfishing and environmental concerns regarding fish stocks may limit the supply of raw materials.
โข Fish Allergy and Alternative Sources: The rise of plant-based omega-3 supplements presents competition to traditional fish oil products.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ
โข January 2025: A leading nutraceutical brand launched a new line of high-purity fish oil capsules focused on improving cognitive performance.
โข 2024: Increased investments in sustainable fish oil sourcing were observed, with key players adopting stricter environmental standards to improve traceability and reduce ecological impact.
โข September 2024: An innovative fish oil-based skincare range hit the market, targeting consumers with chronic skin conditions like eczema and psoriasis.
Your Competitive Advantage Starts Here - Access Full Report! https://www.futuremarketinsights.com/reports/fish-oil-market
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
United States: The U.S. fish oil market is projected to grow at a CAGR of 8.7% from 2024 to 2034, driven by strong demand for dietary supplements and functional foods.
China: China's market is expected to expand at a CAGR of 8.8%, with growing health consciousness and the rising popularity of omega-3 supplements among the aging population.
United Kingdom: The U.K. will witness a CAGR of 9.1%, fueled by the demand for premium wellness products and the increasing use of fish oil in skincare.
Germany: Germany is expected to grow at a CAGR of 9.3%, driven by innovations in pharmaceutical applications and a growing focus on heart health.
India: With a CAGR of 9.4%, India represents one of the fastest-growing markets due to increasing disposable income and heightened awareness of preventive healthcare.
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐๐จ๐ซ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ
โข Investors: High growth potential in developing regions and expanding applications in the cosmetics and pharmaceutical sectors.
โข Manufacturers: Opportunities to innovate through sustainable sourcing and new product developments in the nutraceutical and skincare markets.
โข Consumers: Access to more affordable, high-quality fish oil supplements as market competition rises and production costs stabilize.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
The fish oil market is moderately fragmented, with key players focusing on product innovation and sustainability to maintain their market share. Companies are increasingly investing in advanced extraction technologies to improve product quality and purity. The competitive landscape is shaped by strategic partnerships, acquisitions, and new product launches aimed at capitalizing on the growing consumer demand for omega-3-rich products.
Major Players in the Market are 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
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ง๐ข๐ฆ๐๐ฅ ๐๐ฎ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.futuremarketinsights.com/industry-analysis/animal-nutrition
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ ๐ข๐ฌ๐ก ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ
By Grade:
Based on grade, the global fish oil market is trifurcated into feed grade, food grade, and pharma grade.
By Process:
In terms of process, the sector is categorized into crude, refined, and modified fish oils.
By Product:
Popular products include salmon oil, tuna oil, cod liver oil, sardine oil, squalene oil, krill oil, anchovy oil, menhaden oil, and others.
By End User:
Prominent end users include aqua-feed, food and beverages, dietary supplements, and cosmetic and beauty products. The aqua-feed segment is further divided into crustaceans, eels, cyprinids, marine fish, salmon & trout, and tilapias.
By Region:
Fish oil market analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ ๐๐'๐ฌ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐จ๐ง๐ ๐จ๐ข๐ง๐ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ ๐ข๐ง ๐ ๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐จ๐ฆ๐๐ข๐ง:
Global Fish Oil Alternatives Market Outlook:
https://www.futuremarketinsights.com/reports/fish-oil-alternatives-market
Fishmeal And Fish Oil Market Outlook (2024 to 2034):
https://www.futuremarketinsights.com/reports/fishmeal-and-fish-oil-market
Fish Protein Isolate Market Outlook from 2025 to 2035:
https://www.futuremarketinsights.com/reports/fish-protein-isolate-market
Fish Protein Market Outlook (2024 to 2034):
https://www.futuremarketinsights.com/reports/fish-protein-market
Fish Meal Market Outlook 2024 to 2034:
https://www.futuremarketinsights.com/reports/fish-meal-market
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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