North America Krill Oil Market - 2025-2032

North America krill oil market reached US$136.85 million in 2024 and is expected to reach US$569.09 million by 2032, growing with a CAGR of 19.50% during the forecast period 2025-2032.

The North America krill oil market is witnessing substantial growth, driven by increasing consumer awareness regarding the health benefits of omega-3 fatty acids, particularly EPA and DHA. Krill oil, extracted from Antarctic krill, is gaining preference over traditional fish oil due to its superior bioavailability, phospholipid structure, and additional antioxidant properties such as astaxanthin.

Additionally, the sports nutrition sector is expanding, with athletes and fitness enthusiasts incorporating krill oil for its anti-inflammatory properties and muscle recovery benefits. For instance, according to Glanbia Nutritional's, 2025, with $22.3 billion in retail sales, North America leads the $39.6 billion global sports and active nutrition market, which is forecast to reach $48.4 billion in 2027, growing at a CAGR of 5.1% (2023-2027).

Furthermore, sustainability initiatives by key players, such as Aker BioMarine, have enhanced consumer trust, as responsible harvesting methods and Marine Stewardship Council (MSC) certification ensure environmentally friendly sourcing. For instance, Aker BioMarine, a leading player, has been driving market innovation with its Superba(TM) Krill Oil, which is widely used in dietary supplements.

Market Dynamics

Driver: Strategies Adopted by the Companies

Strategies such as product launches, partnerships, and acquisitions are significantly boosting the North America Krill Oil Market by enhancing innovation, expanding distribution, and strengthening market positioning.

For instance, in 2022, Kori Krill Oil, the superior Omega-3 supplement that supports heart, brain, joint, eye, skin, and immune health, stated that Mind & Body, a pure Omega-3 source choicefully paired with nootropic ingredients and nutrients that have been clinically shown to support brain function, the nervous system and heart health all in one daily supplement.

Restraint: Side Effects Associated With Krill Oil

Side effects associated with krill oil consumption act as a major restraint to market growth, as concerns over adverse reactions deter potential consumers and limit widespread adoption.

Common side effects such as gastrointestinal discomfort, bloating, nausea, and diarrhea have been reported, particularly among individuals with sensitive digestive systems. Additionally, krill oil's blood-thinning properties pose risks for people on anticoagulant medications, increasing concerns among healthcare professionals.

Market Segment Analysis

The North America krill oil market is currently experiencing a significant increase in demand, which is being driven by the introduction of innovative product forms such as gummies. Due to their convenience, palatable taste, and suitability for a wide range of demographics, including children and older individuals, this delivery format has become increasingly popular for dietary supplements.

Innovative delivery formats are reshaping the krill oil market, with gummies leading the way as a popular alternative to traditional capsules. For example, according to Nutrition Business Journal, Delivery Format Special Report, 2024. The demand for gummies has surged significantly in recent years, with 23% of total US supplement sales now attributed to gummy formats. This trend is especially prominent among younger consumers, with 38% of Gen Z and 30% of Millennials identifying gummies as their preferred supplement format.

Market Geographical Share

The US dominates the market, fueled by rising health consciousness, a strong dietary supplement industry, and high consumer spending on premium wellness products. Companies like Schiff's MegaRed, NOW Foods, and Sports Research are leveraging e-commerce, retail expansion, and personalized nutrition trends to drive sales. The presence of major nutraceutical manufacturers and functional food brands has also boosted B2B demand, with companies sourcing krill oil for capsules, powders, and fortified foods.

Canada is witnessing significant growth, driven by an increasing preference for sustainable and natural supplements, with brands emphasizing eco-friendly krill oil sourcing to cater to environmentally conscious consumers. The Canadian government's support for omega-3 research and regulatory approvals for krill oil supplements has further strengthened the market.

Market Key Players

Aker BioMarine, Reckitt Benckiser, Onnit Labs, NutriGold, Transparent Labs, Coastside Bio Resources, Neptune Wellness, Nutracode USA, Rimfrost AS, and Enzymotec Ltd. are key players in North America's krill oil market. They focus on sustainably sourced, high-purity krill oil for supplements, animal nutrition, and functional health products.

Key Developments

In 2024, Aker BioMarine, a leading harvester of Antarctic krill, has announced the sale of its feed ingredients business for $590 million to American Industrial Partners (60%) and Aker Capital (40%), signaling a strategic shift toward human health and nutrition.

In 2023, Aker BioMarine ASA acquired krill-related patents such as pre-clinical and clinical data, and pharmaceutical-grade processing equipment from Acasti Pharma Inc. The acquisition includes 28 studies demonstrating the significant cardiovascular benefits of krill oil, particularly its ability to lower triglyceride levels with lower doses compared to other omega-3 sources.

Why Choose DataM Intelligence?

Data-Driven Insights: Dive into detailed analyses with granular insights such as pricing, market shares, and value chain evaluations, enriched by interviews with industry leaders and disruptors.

Post-Purchase Support and Expert Analyst Consultations: As a valued client, gain direct access to our expert analysts for personalized advice and strategic guidance, tailored to your specific needs and challenges.

White Papers and Case Studies: Benefit quarterly from our in-depth studies related to your purchased titles, tailored to refine your operational and marketing strategies for maximum impact.

Annual Updates on Purchased Reports: As an existing customer, enjoy the privilege of annual updates to your reports, ensuring you stay abreast of the latest market insights and technological advancements. Terms and conditions apply.

Specialized Focus on Emerging Markets: DataM differentiates itself by delivering in-depth, specialized insights specifically for emerging markets, rather than offering generalized geographic overviews. This approach equips our clients with a nuanced understanding and actionable intelligence that are essential for navigating and succeeding in high-growth regions.

Value of DataM Reports: Our reports offer specialized insights tailored to the latest trends and specific business inquiries. This personalized approach provides a deeper, strategic perspective, ensuring you receive the precise information necessary to make informed decisions. These insights complement and go beyond what is typically available in generic databases