Zion Research has
published a new report titled “Fish Oil (Anchovy, Mackerel, Sardines, Cod,
Herring, Menhaden, Others) Market for Aquaculture, Animal Nutrition
& Pet, Food, Pharmaceuticals Supplement & Functional Food and Other
Applications: Global Industry Perspective, Comprehensive Analysis and Forecast,
2014 - 2020.” According to the report, the global fish oil market accounted for USD 2.22 Billion in 2014 and is
expected to reach USD 2.93 Billion by 2020, growing at a CAGR of around 4.8%
between 2015 and 2020.
Browse the full "Fish Oil (Anchovy,
Mackerel, Sardines, Cod, Herring, Menhaden, Others) Market for
Aquaculture, Animal Nutrition & Pet, Food, Pharmaceuticals Supplement &
Functional Food and Other Applications: Global Industry Perspective,
Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014
– 2020" report at http://www.marketresearchstore.com/report/fish-oil-market-z60706
The global fish oil
market is expected to witness significant growth over the forecast period on
account of increasing demand from aquaculture industry. Fish oil plays an
important role in prepared diets for carnivorous and omnivorous aquaculture
species. The growing aquaculture industry and the consequent demand for fish
oil is expected to drive the demand for fish oil in the aquaculture industry
within the forecast period. Furthermore, the increasing awareness on the usage
of omega 3 acid owing to its growing health benefits is expected to augment the
demand for fish oil in the years to come. However, frequency and intensity of
extreme climatic changes coupled with huge gap between world demand for fish
and the actual harvest from the world's natural stocks is expected to curb the
growth of fish oil market over the years.
Anchovy segment
dominated the fish oil market with over 30% share of total volume consumption
in 2014. These fish contain oil that is highly concentrated with healthy fats,
primarily polyunsaturated fatty acids called omega-3 fatty acids. Sardine
segment is another leading segment accounted for over 12% share of total market
share in 2014. Cod and herring segments are expected to experience significant
growth within the forecast period.
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Aquaculture emerged as
the leading application segment by accounting for over 65% of the global volume
in 2014. Fish oils are widely used in aquaculture as fish nutrition or fish
feed. Aquaculture segment is expected to continue its dominance over the
forecast period. Pharmaceutical application segment held 9.68% share of the
overall market consumption in 2014 and expected to witness the significant
growth in the years to comes on account of increasing health awareness among
people. Supplement and functional food is another key outlet of fish oil
market.
In terms of geography,
Europe was the largest market for fish oil in the world due to the increasing
demand from aquaculture industry. In terms of volume, Europe accounted for over
42% share of total fish oil market in 2014. Moreover, fish oil market has huge
opportunity in the emerging markets of Asia Pacific due to increasing
population in this region.
Some of the key
players include in fish oil market such as TASA, Omega Protein Corporation,
Copeinca AS, Corpesca SA, FMC Corporation, TripleNine, Pesquera Diamante S.A,
Marvesa Holding N.V., Pesquera Exalmar, FF Skagen A/S and Colpex international.
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This report segments
the global fish oil market as follows:
Global Fish oil Market: Type Segment Analysis
- Anchovy
- Mackerel
- Sardines
- Cod
- Herring
- Menhaden
- Others
Global Fish oil Market: Application Segment Analysis
- Aquaculture
- Animal
Nutrition & Pet Food
- Pharmaceuticals
- Supplement
& Functional Food
- Others
Global Fish oil Market: Regional Segment Analysis
- North
America
- US
- Canada
- Mexico
- Europe
- Denmark
- Norway
- Belgium
- Asia
Pacific
- China
- Japan
- Australia
- Vietnam
- Indonesia
- Latin
America And Middle East & Africa (LAMEA)
- Peru
- Chile
About Us
Zion Research is a
market intelligence company providing global business information reports and
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provides forward-looking insight for thousands of decision makers. Zion
Research experienced team of Analysts, Researchers, and Consultants uses
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3422 SW 15 Street,Suit #8138
Deerfield Beach,Florida 33442
United States
Toll Free: +1-855-465-4651 (USA-CANADA)
Tel: +1-386-310-3803
Email: sales@marketresearchstore.com
Website: http://www.marketresearchstore.com
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