Global Fish Oil Market will be US$ 3 Billion by 2026 | Renub Research

According to the latest report by Renub Research, titled “Global Fish Oil Market & Volume, Global Forecast by Species, Application: Aquaculture, Direct Human Consumption, Others, Export, Import, Production, Value Chain Analysis” The Fish oil market is growing significantly due to the rising demand for hydrogenated vegetable oil and change in human diet across the world. The rise in aquaculture feed, pet feed, animal feed and use of fish oil in the pharma industry will also propel the market.

Global Fish Oil Market will be US$ 3 Billion by 2026 | Renub Research

COVID-19 Impact on the Fish Oil Market

This deadly virus has transformed the whole world, numerous industries, including healthcare, financial as well as manufacturing, have been hit drastically. Economic activities have been stopped, and people are becoming health conscious. The market for fish oil can grow in future as well, as it is helping in boosting immunity and fighting against disease.

According to Renub Research analysis, the fish oil market is expected to be US$ 3 Billion by the year 2026. Fish oil products are higher in demand due to the ageing population around the world and awareness about the health benefits of consuming fish oil, besides high product price and the difference between demand and supply.

The health benefits of fish oil make it the preferred choice for human consumption; it contains omega-3 fatty acids (EPA and DHA). These fatty acids help in the treatment of various health diseases like the cardiac issue, cancer, diabetes, immune disorders, reduce bad cholesterol, maintain proper blood pressure, improve metabolism, muscle tissue and prevent heart strokes. Moreover, it also helps in preventing problems which occur in pregnancy and helps in weight loss.

Fish oil is also used in the treatment of bipolar disorder along with traditional treatment, and it improves mental health by eliminating the symptoms of depression. Fish oil is also helpful in the prevention of Kidney by reducing the damage done by cyclosporine after organ transplant. Fish oil also helps in improving the motor skill disorder due to clumsiness (DCD or developmental coordination disorder), the combination of evening primrose oil (20%) and fish oil (80%). Menstrual cramps (dysmenorrheal) can be reduced by consuming fish oil with Vitamin E and Vitamin B12.

The sources of fish oil products are Blue Whiting, Norway Pout, Sprat, Anchovy, Capelin, Sardines, Menhaden, and Eel. Anchovy is mainly used to generate fish oil as compared to other fishes. Fish oil is also used in livestock and industrial application other than human consumption. Fish oil is used in following livestock segments such as poultry, aquatic animals, pets, swine, and cattle.

About Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises of major players in Life Sciences, Information Technology, Telecom, Financial Services (Banking, Insurance), Energy, Retail, Manufacturing, Automotive, and Social sector. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Contact Us:
Renub Research
Phone No: +1 678-302-0700 (USA) | +91-120-421-9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research

Fish Oil Market & Volume Global Forecast by Export & Import – Renub Research

Fish oil contains a large amount of omega-3 fatty acids, such as EPA and DHA, which are valuable nutrients for humans and animals. Fish oil is primarily used as a feed ingredient in many human and dietary livestock applications, such as aquaculture feed, animal feed, pharmaceuticals, supplements, and functional foods. Moreover, Eicosapentaenoic acid (EPA) and Docosahexaenoic acid (DHA) omega-3 fatty acids are helpful in decreasing blood pressure, bad cholesterol, and coronary heart diseases and also improvement of memory and cognitive function of human and animal. According to Renub Research, the Global Fish Oil Market is projected to reach US$ 3 Billion by the year 2026.

The significant factors contributing to the growth of the fish oil market globally are increasing awareness about the health benefits, rising consumption, growing aquaculture industry, and an increasing number of people with cardiovascular and heart diseases across the world. The growing use of fish oil in cosmetic products is also expected to encourage market growth.

Besides, fish oil products are mainly used for aquaculture and direct human use, although the former share of use has continued to decline, and the latter has continued to rise in recent years. This pattern is projected to remain in the years to come. This means that the market, in particular the direct human consumption, has considerable scope to expand.

As per our Study, countries such as Peru, the United States, Chile, China, Denmark, Vietnam, and Japan are the leading producers of fish oil. Fish and seafood industries were also at a competitive stage of development, with major market players and government fisheries joining hands with small-scale inter- and intra-regional fishing farms, resulting in a loop of quality demand on the aquatic feed additives market.

However, there are few challenges, too, such as Government rules & regulations around the world that limit the fishing quota create a supply gap in demand that is mainly affecting the growth of the fish oil market.

Renub Research report titled “Global Fish Oil Market & Volume, Forecast by Species (Blue whiting, Anchovy, Norway Pout, Sprat, Capelin, Menhaden, Sardines, Send eel), Application: Aquaculture (Crustaceans, Cyprinids, Eels, Tilapias, Marine fish, Salmonids, Others), Direct Human Consumption, Others (hydrogenation and industrial), Export, Import, Production (Countries: Peru, United States, Japan, Chile, China, Norway, Vietnam, Denmark, Iceland, India, Morocco, Ecuador, Canada) Value Chain Analysis” provides a complete analysis of global fish oil market.

Top Fish Oil Importing Countries Insights

In this report, we have provided a full study of top fish oil-importing countries, such as China, Norway, Denmark, Chile, United States, and Canada. The report covers all the countries mentioned above, complete analysis of past and future trends of import and their market value.

Request a free sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=fish-oil-market-p.php

Fish Oil Exporting Countries Insights

In this report, we have covered top fish oil exporters, countries such as Peru, Norway, United States, Denmark, China, and Chile, with their complete analysis of market & value along with historical and forecast information.

Top Fish Oil Producing Countries

United States, Peru, Chile, China, Japan, Norway, Vietnam, Denmark, Iceland, India, Morocco, and Ecuador is the top fish oil producing countries in the global. The report has done a complete volume assessment with the historical figure and identified several factors for the growth forecast of all these countries. According to our study, all these countries produced more than 75 percent of fish oil volume across the globe.

Top Fish Species Insights, Anchovy Fish is a significant Species to Generate Fish Oil

This report studies all the fish species which are commonly used for fish oil. The key segments of the species are Anchovy, Sardines, Blue Whiting, Capelin, Menhaden, Norway Pout, Submit Eel, and Sprat.

Application Insights, Aquaculture has the maximum share

In this report, the fish oil market is classified according to application and use. Here the fish oil market is divided into three parts: Aquaculture, Direct Human Use, and Other. Further, aquaculture is classified into six sections: Cyprinids, Eels, Crustaceans, Marine Fish, Salmonids, and Tilapias.

Major Fish Oil Producing Countries

  1. Peru
  2. USA
  3. Chile
  4. China
  5. Japan
  6. Norway
  7. Vietnam
  8. Denmark
  9. Iceland
  10. India
  11. Morocco
  12. Ecuador

Major Fish Oil Importing Countries

  1. China
  2. Norway
  3. Denmark
  4. Chile
  5. Canada
  6. United States
  7. Others

Major Fish Oil Exporting Countries

  1. Peru
  2. Denmark
  3. Norway
  4. Chile
  5. United States
  6. China
  7. Others

About Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises of major players in Life Sciences, Information Technology, Telecom, Financial Services (Banking, Insurance), Energy, Retail, Manufacturing, Automotive, and Social sector. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Contact Us:

Renub Research
Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email : info@renub.com
Web: https://www.renub.com
Fallow on Linkedin: https://www.linkedin.com/company/renub-research
Renub Research Infographic Zone: https://renubresearchinfographiczone.blogspot.com/