Fish Oil Market Size, Share & Trends Analysis Report By Application (Human Consumption, Aquaculture, Pet Food), By Species (Tuna, Salmon, Pangasius, Tilapia), By Region, And Segment Forecasts, 2024

Description

Fish Oil Market Growth & Trends:

The global fish oil market size is expected to reach USD 4.20 billion by 2030, expanding at a CAGR of 4.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing demand for omega 3 along with rising aquaculture activities is expected to propel growth over the forecast period.

Increasing health benefits of fish oil is expected to drive demand among food, and pharmaceutical manufacturers. Rising consumer awareness regarding benefits of the product for overall health and skin is expected to augment demand. However, presence of substitutes including beef, and pork along with high prices of fish oil is expected to hinder industry growth over the next seven years. Adoption of modern aquaculture practice will open new opportunities for market expansion over the forecast period.

Fish Oil Market Report Highlights:

The aquaculture segment dominated the market for fish oil with a revenue share of 59.6% in 2023. The global population is steadily increasing, and there is an increasing demand for protein sources such as fishmeal. Aquaculture offers a sustainable and controlled method to meet this growing demand.
The human consumption application segment accounted for a substantial market share in 2023 and is projected to witness the fastest growth rate during the forecast period.
Traditional pelagic and demersal species held the highest market revenue share of 66.6% in 2023. Pelagic species (living and feeding near water surface) and demersal species (living and feeding near seabed) tend to be more abundant in oceans compared to other fish types.
The tilapia species segment is expected to advance at the highest CAGR of 11.7% during the forecast period. Tilapia is an ideal fish species for aquaculture owing to its ease of farming, as they can be grown in small confined water bodies in large numbers.
Europe accounted for the highest revenue share of 38.1% in the global market in 2023. Fish oil production in this region is largely based on harvesting small pelagic species of fish such as sprat, herring, and sand-eels.
The Asia Pacific region is expected to grow at the fastest CAGR during the forecast period. This is owing to the population in regional economies consuming high levels of fish. With urbanization and busy lifestyles, dietary patterns are changing in this region.

Product Code: 978-1-68038-149-8

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Fish Oil Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (Tons) (USD Million)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. Fish Oil Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political Landscape
  - 3.4.2.2. Economic and Social Landscape
  - 3.4.2.3. Technological Landscape
  - 3.4.2.4. Environmental Landscape
  - 3.4.2.5. Legal Landscape

Chapter 4. Fish Oil Market: Application Estimates & Trend Analysis

4.1. Segment Dashboard
4.2. Fish Oil Market: Application Movement Analysis, 2023 & 2030 (USD Million)
4.3. Human Consumption
- 4.3.1. Human Consumption Market Revenue Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
4.4. Aquaculture
- 4.4.1. Aquaculture Market Revenue Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
4.5. Pet Food
- 4.5.1. Pet Food Market Revenue Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
4.6. Others
- 4.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)

Chapter 5. Fish Oil Market: Species Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. Fish Oil Market: Species Movement Analysis, 2023 & 2030 (USD Million)
5.3. Traditional Pelagic and Demersal Species
- 5.3.1. Traditional Pelagic and Demersal Species Market Revenue Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
5.4. Tuna
- 5.4.1. Tuna Market Revenue Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
5.5. Salmon
- 5.5.1. Salmon Market Revenue Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
5.6. Pangasius
- 5.6.1. Pangasius Market Revenue Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
5.7. Tilapia
- 5.7.1. Tilapia Market Revenue Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)

Chapter 6. Fish Oil Market: Regional Estimates & Trend Analysis

6.1. Fish Oil Market Share, By Region, 2023 & 2030, USD Million
6.2. North America
- 6.2.1. North America Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.2.2. U.S.
  - 6.2.2.1. U.S. Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.2.3. Canada
  - 6.2.3.1. Canada Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.2.4. Mexico
  - 6.2.4.1. Mexico Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
6.3. Europe
- 6.3.1. Europe Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.3.2. U.K.
  - 6.3.2.1. U.K. Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.3.3. Germany
  - 6.3.3.1. Germany Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.3.4. France
  - 6.3.4.1. France Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.3.5. Italy
  - 6.3.5.1. Italy Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.3.6. Spain
  - 6.3.6.1. Spain Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.3.7. Norway
  - 6.3.7.1. Norway Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
6.4. Asia Pacific
- 6.4.1. Asia Pacific Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4.2. China
  - 6.4.2.1. China Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4.3. Japan
  - 6.4.3.1. Japan Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4.4. India
  - 6.4.4.1. India Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4.5. South Korea
  - 6.4.5.1. South Korea Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4.6. Australia & New Zealand
  - 6.4.6.1. Australia & New Zealand Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
6.5. Latin America
- 6.5.1. Latin America Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.5.2. Brazil
  - 6.5.2.1. Brazil Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.5.3. Argentina
  - 6.5.3.1. Argentina Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.6.2. Saudi Arabia
  - 6.6.2.1. Saudi Arabia Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.6.3. South Africa
  - 6.6.3.1. South Africa Fish Oil Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)

Chapter 7. Competitive Landscape

7.1. Recent Developments & Impact Analysis by Key Market Participants
7.2. Company Categorization
7.3. Company Heat Map Analysis
7.4. Company Profiles
- 7.4.1. Croda International plc
  - 7.4.1.1. Participant's Overview
  - 7.4.1.2. Financial Performance
  - 7.4.1.3. Product Benchmarking
  - 7.4.1.4. Recent Developments/ Strategic Initiatives
- 7.4.2. Pelagia A/S
  - 7.4.2.1. Participant's Overview
  - 7.4.2.2. Financial Performance
  - 7.4.2.3. Product Benchmarking
  - 7.4.2.4. Recent Developments/ Strategic Initiatives
- 7.4.3. Sursan
  - 7.4.3.1. Participant's Overview
  - 7.4.3.2. Financial Performance
  - 7.4.3.3. Product Benchmarking
  - 7.4.3.4. Recent Developments/ Strategic Initiatives
- 7.4.4. Ocean Group Ltd.
  - 7.4.4.1. Participant's Overview
  - 7.4.4.2. Financial Performance
  - 7.4.4.3. Product Benchmarking
  - 7.4.4.4. Recent Developments/ Strategic Initiatives
- 7.4.5. GC Rieber
  - 7.4.5.1. Participant's Overview
  - 7.4.5.2. Financial Performance
  - 7.4.5.3. Product Benchmarking
  - 7.4.5.4. Recent Developments/ Strategic Initiatives
- 7.4.6. BASF SE
  - 7.4.6.1. Participant's Overview
  - 7.4.6.2. Financial Performance
  - 7.4.6.3. Product Benchmarking
  - 7.4.6.4. Recent Developments/ Strategic Initiatives
- 7.4.7. DSM
  - 7.4.7.1. Participant's Overview
  - 7.4.7.2. Financial Performance
  - 7.4.7.3. Product Benchmarking
  - 7.4.7.4. Recent Developments/ Strategic Initiatives
- 7.4.8. Omega Protein Corporation
  - 7.4.8.1. Participant's Overview
  - 7.4.8.2. Financial Performance
  - 7.4.8.3. Product Benchmarking
  - 7.4.8.4. Recent Developments/ Strategic Initiatives
- 7.4.9. TripleNine
  - 7.4.9.1. Participant's Overview
  - 7.4.9.2. Financial Performance
  - 7.4.9.3. Product Benchmarking
  - 7.4.9.4. Recent Developments/ Strategic Initiatives
- 7.4.10. OLVEA Group
  - 7.4.10.1. Participant's Overview
  - 7.4.10.2. Financial Performance
  - 7.4.10.3. Product Benchmarking
  - 7.4.10.4. Recent Dev

Fish Oil Market Size, Share & Trends Analysis Report By Application (Human Consumption, Aquaculture, Pet Food), By Species (Tuna, Salmon, Pangasius, Tilapia), By Region, And Segment Forecasts, 2024 - 2030