Krill Oil for Human Health Market to Reach USD 1,281.68 Million by 2032 | Softgels/Capsules Dominate with 66% Global Share

Krill Oil for Human Health Market Outlook

The global krill oil for human health market is experiencing significant growth, driven by increasing consumer awareness of heart, brain, and joint health, along with rising preference for omega-3 supplements derived from sustainable marine sources. Valued at US$ 292.18 million in 2024, the market is projected to reach US$ 1,281.68 million by 2032, expanding at a CAGR of 20.3% during 2025-2032.The market growth is fueled by the demand for nutraceuticals and supplements, innovations in capsule and liquid formulations, and a shift towards natural, bioavailable sources of omega-3 fatty acids. Additionally, increasing health-conscious lifestyles, supportive regulatory frameworks for supplements, and rising online retail penetration are further propelling the market's expansion.

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United States Developments

✅ 2025: The U.S. krill oil market is estimated at approximately USD 146.3 million.

✅ 2025: Growing preventive‐health awareness (cardiovascular health, joint support, brain health) is boosting adoption of krill‐oil supplements over traditional fish‐oil omega‐3s, due to higher bioavailability and better absorption.

✅ 2025: Krill oil supplement manufacturers in North America are increasingly emphasising sustainability certifications to attract environmentally conscious consumers.

Global / International Developments
✅ 2025: The global krill oil market was estimated at around USD 997.4 million in 2023, with forecasts projecting global sales to reach approximately USD 1,208.4 million by 2025.

✅ 2025: The global krill oil market is expected to grow at a compound annual growth rate (CAGR) of 9.1%, potentially reaching ≈ USD 2,544.1 million by 2035.

✅ 2025: Asia‐Pacific is emerging as one of the fastest‐growing markets, driven by rising health awareness, increasing disposable incomes, and growing penetration via e‐commerce and supplement retail channels.

Mergers & Acquisitions:

✅ October 2023: Aker BioMarine ASA acquired all krill‐related patents, pre‐clinical & clinical data, and processing equipment from Acasti Pharma Inc. - as settlement of a contractual obligation (US $3.1 million), with no cash transaction.

✅ 2024 (divestment): Aker BioMarine divested its "Feed Ingredients" business - selling it (renamed Aker QRILL Company, "AQC") - signalling a strategic shift entirely toward human‐health and nutrition (krill‐based supplements & related products).

✅ March 2025: Aker BioMarine announced a strategic partnership with Marinova to co‐develop "next‐generation krill oil ingredients" for the global bulk market - aiming to improve DHA content and shelf‐stability for broader supply‐chain applications.

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Market Segmentation:

➥ By Form
Softgels/Capsules: Most popular form due to ease of consumption, precise dosing, and stability of omega-3 fatty acids. Liquid/ Oil: Preferred for direct intake or incorporation into functional foods and beverages; allows flexible dosing. Powder/Other Formats: Used in nutraceutical formulations, functional foods, providing versatility in applications.

➥ By Application
Cardiovascular Health: Supports heart health by improving lipid profiles and reducing inflammation. Joint & Bone Health: Helps in managing arthritis symptoms and supporting overall joint mobility. Cognitive Health & Brain Function: Enhances memory, focus, and cognitive performance through omega-3 DHA and EPA. General Wellness & Anti-Inflammatory: Used as a daily supplement for overall immunity, wellness, and anti-inflammatory benefits.

➥ By Sales Channel
Online Retail: E-commerce platforms, brand websites, and marketplaces offering direct-to-consumer convenience. Pharmacies & Drug Stores: Trusted channels for prescription and over-the-counter nutraceuticals. Supermarkets & Hypermarkets: Retail stores providing wide accessibility to health-conscious consumers. Specialty Stores & Health Clinics: Health stores, nutrition centers, and clinics offering expert guidance and niche products.

Key Players:
Aker BioMarine AS | Enzymotec Ltd. | Neptune Wellness Solutions Inc. | Rimfrost AS | Olympic Seafood AS | Sundt AS | GC Rieber Oils AS | NutraScience Labs | Superba Krill | BioAstin

Key Highlights:
• Aker BioMarine AS Holds an estimated 18.5% share, driven by its vertically integrated supply chain, sustainable krill harvesting practices, and extensive product portfolio in nutraceuticals.

-Enzymotec Ltd. Accounts for around 14.3% share, supported by its innovative krill oil formulations, strong R&D capabilities, and global distribution network in functional foods and supplements.

-Neptune Wellness Solutions Inc. Maintains approximately 12.7% share, fueled by its large-scale production capacity, collaborations with leading nutraceutical brands, and focus on high-quality omega-3 products.

-Rimfrost AS Represents nearly 10.4% share, recognized for its certified sustainable krill harvesting, premium-quality oils, and focus on human health and wellness markets.

-Olympic Seafood AS Holds about 8.6% share, driven by its seafood and krill oil expertise, integration of value-added products, and presence in global supplement markets.

-Sundt AS Accounts for approximately 6.8% share, supported by its specialty omega-3 oils, partnerships with nutraceutical companies, and focus on quality and efficacy.

-GC Rieber Oils AS Represents around 5.5% share, contributing through its advanced krill oil extraction technologies, product standardization, and industrial supply chain integration.

-NutraScience Labs Maintains about 4.9% share, known for its contract manufacturing services, customized krill oil capsules, and regulatory compliance for international markets.

-Superba Krill Holds an estimated 4.2% share, supported by its proprietary krill oil brand, clinical-backed health benefits, and partnerships with supplement manufacturers.

-BioAstin Accounts for roughly 4.1% share, driven by its focus on antioxidant-rich krill oil products, strong marketing presence, and collaborations in the wellness sector.

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Regional Insights:

North America dominates the krill oil market, accounting for approximately 35%, driven by high consumer awareness of supplements, established distribution channels, and strong adoption of preventive healthcare practices. The U.S. leads the region, supported by government regulations ensuring supplement safety and rising interest in heart, joint, and cognitive health benefits.

Europe holds around 30%, backed by increasing health-conscious populations, regulatory approvals for nutraceuticals, and growing demand for omega-3 fatty acid supplements. Countries like Germany, the UK, and France contribute significantly due to well-established retail networks and research on cardiovascular and cognitive health.

Asia-Pacific represents 25%, led by Japan, China, and India, where growing disposable incomes, rising awareness of lifestyle diseases, and expanding retail penetration are boosting krill oil consumption. Emerging e-commerce channels and health campaigns are further supporting market growth in urban and semi-urban areas.

Latin America and Middle East & Africa (MEA) collectively account for 10%, reflecting moderate adoption, primarily in Brazil, Mexico, South Africa, and Saudi Arabia. Increasing consumer interest in preventive healthcare and the availability of imported nutraceutical products are gradually driving growth in these regions.

Market Dynamics:
The growth of the Krill Oil for Human Health market is driven by several key factors. Increasing awareness of the health benefits of omega-3 fatty acids, particularly EPA and DHA, is boosting consumer adoption of krill oil supplements. Additionally, the rising prevalence of cardiovascular diseases, joint disorders, and inflammatory conditions is creating demand for natural and effective nutraceutical solutions. The trend toward preventive healthcare and functional foods further supports market expansion, as consumers increasingly prefer supplements that improve overall health and wellness.

The market also presents significant opportunities. Increasing integration of krill oil in functional foods, beverages, and fortified supplements is expanding consumption channels. Growing research and clinical studies highlighting the cognitive, cardiovascular, and anti-inflammatory benefits of krill oil are accelerating market adoption. Furthermore, strategic collaborations between nutraceutical companies and health organizations are enabling product innovation, enhanced distribution networks, and targeted marketing campaigns, offering better accessibility and education about krill oil benefits to consumers worldwide.

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