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PUBLISHER: KBV Research | PRODUCT CODE: 1484350

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PUBLISHER: KBV Research | PRODUCT CODE: 1484350

Asia Pacific Krill Oil Market Size, Share & Trends Analysis Report By Product Type (Liquid, Softgels and Capsules), By Application, By Country and Growth Forecast, 2024 - 2031

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The Asia Pacific Krill Oil Market would witness market growth of 11.7% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Krill Oil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $154.2 million by 2031. The Japan market is registering a CAGR of 11% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 12.4% during (2024 - 2031).

Pharmaceutical companies are exploring the potential of combining oil with other pharmaceutical agents to enhance therapeutic outcomes. Combination therapies may include the oil supplements as adjunctive therapy for patients with cardiovascular disease, metabolic disorders, or inflammatory conditions. Scientific evidence and clinical research support pharmaceutical-grade krill supplements, giving healthcare professionals confidence in their efficacy and safety.

For instance, as per China.org, in 2021, the combined business revenue of China's pharmaceutical companies increased by 18.7 percent annually, the greatest growth rate in five years. Clinical validation helps to establish krill as a credible and effective supplement for preventive and therapeutic use. Pharmaceutical-grade oil supplements may offer advantages in terms of purity, quality, and dosage consistency compared to over-the-counter supplements.

Senior citizens in China are becoming increasingly health-conscious and actively seeking products to help them maintain their health and quality of life as they age. Consumers in China, including senior citizens, are well-informed about the health benefits of omega-3 fatty acids. Omega-3 fatty acids in krill are known to support heart health by reducing inflammation, lowering triglyceride levels, and improving cholesterol profiles, making oil supplements an important part of cardiovascular health management for seniors in China. By 2045, the United Nations estimates that approximately 450 million individuals in China will be 60 or older. Therefore, due to the above-mentioned factors, the market will grow significantly in this region.

Based on Product Type, the market is segmented into Liquid, Softgels and Capsules. Based on Application, the market is segmented into Dietary Supplements, Animal Food & Pet Food, Functional Food & Beverages, Pharmaceuticals and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

  • Fuji Chemical Industries Co., Ltd.
  • Aker BioMarine AS
  • Nutrigold Inc.
  • NWC Naturals, Inc.
  • Coastside Bio Resources
  • Nutracode LLC
  • Schiff Nutrition International, Inc. (Reckitt Benckiser Group plc)
  • Quingdao Kangjing Marine Biotechnology Co. Ltd.
  • Rimfrost AS
  • Norwegian Fish Oil AS

Asia Pacific Krill Oil Market Report Segmentation

By Product Type

  • Liquid
  • Softgels
  • Capsules

By Application

  • Dietary Supplements
  • Animal Food & Pet Food
  • Functional Food & Beverages
  • Pharmaceuticals
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific

Table of Contents

Chapter 1.Market Scope & Methodology

  • 1.1Market Definition
  • 1.2Objectives
  • 1.3Market Scope
  • 1.4Segmentation
    • 1.4.1Asia Pacific Krill Oil Market, by Product Type
    • 1.4.2Asia Pacific Krill Oil Market, by Application
    • 1.4.3Asia Pacific Krill Oil Market, by Country
  • 1.5Methodology for the research

Chapter 2.Market at a Glance

  • 2.1Key Highlights

Chapter 3.Market Overview

  • 3.1Introduction
    • 3.1.1Overview
      • 3.1.1.1Market Composition and Scenario
  • 3.2Key Factors Impacting the Market
    • 3.2.1Market Drivers
    • 3.2.2Market Restraints
    • 3.2.3Market Opportunities
    • 3.2.4Market Challenges
  • 3.3Porter's Five Forces Analysis

Chapter 4.Asia Pacific Krill Oil Market by Product Type

  • 4.1Asia Pacific Liquid Market by Country
  • 4.2Asia Pacific Softgels Market by Country
  • 4.3Asia Pacific Capsules Market by Country

Chapter 5.Asia Pacific Krill Oil Market by Application

  • 5.1Asia Pacific Dietary Supplements Market by Country
  • 5.2Asia Pacific Animal Food & Pet Food Market by Country
  • 5.3Asia Pacific Functional Food & Beverages Market by Country
  • 5.4Asia Pacific Pharmaceuticals Market by Country
  • 5.5Asia Pacific Others Market by Country

Chapter 6.Asia Pacific Krill Oil Market by Country

  • 6.1China Krill Oil Market
    • 6.1.1China Krill Oil Market by Product Type
    • 6.1.2China Krill Oil Market by Application
  • 6.2Japan Krill Oil Market
    • 6.2.1Japan Krill Oil Market by Product Type
    • 6.2.2Japan Krill Oil Market by Application
  • 6.3India Krill Oil Market
    • 6.3.1India Krill Oil Market by Product Type
    • 6.3.2India Krill Oil Market by Application
  • 6.4South Korea Krill Oil Market
    • 6.4.1South Korea Krill Oil Market by Product Type
    • 6.4.2South Korea Krill Oil Market by Application
  • 6.5Australia Krill Oil Market
    • 6.5.1Australia Krill Oil Market by Product Type
    • 6.5.2Australia Krill Oil Market by Application
  • 6.6Malaysia Krill Oil Market
    • 6.6.1Malaysia Krill Oil Market by Product Type
    • 6.6.2Malaysia Krill Oil Market by Application
  • 6.7Rest of Asia Pacific Krill Oil Market
    • 6.7.1Rest of Asia Pacific Krill Oil Market by Product Type
    • 6.7.2Rest of Asia Pacific Krill Oil Market by Application

Chapter 7.Company Profiles

  • 7.1Fuji Chemical Industries Co., Ltd.
    • 7.1.1Company Overview
    • 7.1.2SWOT Analysis
  • 7.2Aker BioMarine AS
    • 7.2.1Company Overview
    • 7.2.2Financial Analysis
    • 7.2.3Segmental and Regional Analysis
    • 7.2.4Research & Development Expenses
    • 7.2.5Recent strategies and developments:
      • 7.2.5.1Partnerships, Collaborations, and Agreements:
      • 7.2.5.2Product Launches and Product Expansions:
    • 7.2.6SWOT Analysis
  • 7.3Nutrigold Inc.
    • 7.3.1Company Overview
    • 7.3.2SWOT Analysis
  • 7.4NWC Naturals, Inc.
    • 7.4.1Company Overview
  • 7.5Coastside Bio Resources
    • 7.5.1Company Overview
  • 7.6Nutracode LLC
    • 7.6.1Company Overview
  • 7.7Schiff Nutrition International, Inc. (Reckitt Benckiser Group plc)
    • 7.7.1Company Overview
    • 7.7.2Financial Analysis
    • 7.7.3Segmental and Regional Analysis
    • 7.7.4Research & Development Expenses
    • 7.7.5SWOT Analysis
  • 7.8Quingdao Kangjing Marine Biotechnology Co. Ltd.
    • 7.8.1Company Overview
  • 7.9Rimfrost AS
    • 7.9.1Company Overview
  • 7.10.Norwegian Fish Oil AS
    • 7.10.1Company Overview

LIST OF TABLES

  • TABLE 1Asia Pacific Krill Oil Market, 2020 - 2023, USD Million
  • TABLE 2Asia Pacific Krill Oil Market, 2024 - 2031, USD Million
  • TABLE 3Asia Pacific Krill Oil Market by Product Type, 2020 - 2023, USD Million
  • TABLE 4Asia Pacific Krill Oil Market by Product Type, 2024 - 2031, USD Million
  • TABLE 5Asia Pacific Liquid Market by Country, 2020 - 2023, USD Million
  • TABLE 6Asia Pacific Liquid Market by Country, 2024 - 2031, USD Million
  • TABLE 7Asia Pacific Softgels Market by Country, 2020 - 2023, USD Million
  • TABLE 8Asia Pacific Softgels Market by Country, 2024 - 2031, USD Million
  • TABLE 9Asia Pacific Capsules Market by Country, 2020 - 2023, USD Million
  • TABLE 10Asia Pacific Capsules Market by Country, 2024 - 2031, USD Million
  • TABLE 11Asia Pacific Krill Oil Market by Application, 2020 - 2023, USD Million
  • TABLE 12Asia Pacific Krill Oil Market by Application, 2024 - 2031, USD Million
  • TABLE 13Asia Pacific Dietary Supplements Market by Country, 2020 - 2023, USD Million
  • TABLE 14Asia Pacific Dietary Supplements Market by Country, 2024 - 2031, USD Million
  • TABLE 15Asia Pacific Animal Food & Pet Food Market by Country, 2020 - 2023, USD Million
  • TABLE 16Asia Pacific Animal Food & Pet Food Market by Country, 2024 - 2031, USD Million
  • TABLE 17Asia Pacific Functional Food & Beverages Market by Country, 2020 - 2023, USD Million
  • TABLE 18Asia Pacific Functional Food & Beverages Market by Country, 2024 - 2031, USD Million
  • TABLE 19Asia Pacific Pharmaceuticals Market by Country, 2020 - 2023, USD Million
  • TABLE 20Asia Pacific Pharmaceuticals Market by Country, 2024 - 2031, USD Million
  • TABLE 21Asia Pacific Others Market by Country, 2020 - 2023, USD Million
  • TABLE 22Asia Pacific Others Market by Country, 2024 - 2031, USD Million
  • TABLE 23Asia Pacific Krill Oil Market by Country, 2020 - 2023, USD Million
  • TABLE 24Asia Pacific Krill Oil Market by Country, 2024 - 2031, USD Million
  • TABLE 25China Krill Oil Market, 2020 - 2023, USD Million
  • TABLE 26China Krill Oil Market, 2024 - 2031, USD Million
  • TABLE 27China Krill Oil Market by Product Type, 2020 - 2023, USD Million
  • TABLE 28China Krill Oil Market by Product Type, 2024 - 2031, USD Million
  • TABLE 29China Krill Oil Market by Application, 2020 - 2023, USD Million
  • TABLE 30China Krill Oil Market by Application, 2024 - 2031, USD Million
  • TABLE 31Japan Krill Oil Market, 2020 - 2023, USD Million
  • TABLE 32Japan Krill Oil Market, 2024 - 2031, USD Million
  • TABLE 33Japan Krill Oil Market by Product Type, 2020 - 2023, USD Million
  • TABLE 34Japan Krill Oil Market by Product Type, 2024 - 2031, USD Million
  • TABLE 35Japan Krill Oil Market by Application, 2020 - 2023, USD Million
  • TABLE 36Japan Krill Oil Market by Application, 2024 - 2031, USD Million
  • TABLE 37India Krill Oil Market, 2020 - 2023, USD Million
  • TABLE 38India Krill Oil Market, 2024 - 2031, USD Million
  • TABLE 39India Krill Oil Market by Product Type, 2020 - 2023, USD Million
  • TABLE 40India Krill Oil Market by Product Type, 2024 - 2031, USD Million
  • TABLE 41India Krill Oil Market by Application, 2020 - 2023, USD Million
  • TABLE 42India Krill Oil Market by Application, 2024 - 2031, USD Million
  • TABLE 43South Korea Krill Oil Market, 2020 - 2023, USD Million
  • TABLE 44South Korea Krill Oil Market, 2024 - 2031, USD Million
  • TABLE 45South Korea Krill Oil Market by Product Type, 2020 - 2023, USD Million
  • TABLE 46South Korea Krill Oil Market by Product Type, 2024 - 2031, USD Million
  • TABLE 47South Korea Krill Oil Market by Application, 2020 - 2023, USD Million
  • TABLE 48South Korea Krill Oil Market by Application, 2024 - 2031, USD Million
  • TABLE 49Australia Krill Oil Market, 2020 - 2023, USD Million
  • TABLE 50Australia Krill Oil Market, 2024 - 2031, USD Million
  • TABLE 51Australia Krill Oil Market by Product Type, 2020 - 2023, USD Million
  • TABLE 52Australia Krill Oil Market by Product Type, 2024 - 2031, USD Million
  • TABLE 53Australia Krill Oil Market by Application, 2020 - 2023, USD Million
  • TABLE 54Australia Krill Oil Market by Application, 2024 - 2031, USD Million
  • TABLE 55Malaysia Krill Oil Market, 2020 - 2023, USD Million
  • TABLE 56Malaysia Krill Oil Market, 2024 - 2031, USD Million
  • TABLE 57Malaysia Krill Oil Market by Product Type, 2020 - 2023, USD Million
  • TABLE 58Malaysia Krill Oil Market by Product Type, 2024 - 2031, USD Million
  • TABLE 59Malaysia Krill Oil Market by Application, 2020 - 2023, USD Million
  • TABLE 60Malaysia Krill Oil Market by Application, 2024 - 2031, USD Million
  • TABLE 61Rest of Asia Pacific Krill Oil Market, 2020 - 2023, USD Million
  • TABLE 62Rest of Asia Pacific Krill Oil Market, 2024 - 2031, USD Million
  • TABLE 63Rest of Asia Pacific Krill Oil Market by Product Type, 2020 - 2023, USD Million
  • TABLE 64Rest of Asia Pacific Krill Oil Market by Product Type, 2024 - 2031, USD Million
  • TABLE 65Rest of Asia Pacific Krill Oil Market by Application, 2020 - 2023, USD Million
  • TABLE 66Rest of Asia Pacific Krill Oil Market by Application, 2024 - 2031, USD Million
  • TABLE 67Key Information - Fuji Chemical Industries Co., Ltd.
  • TABLE 68Key Information - Aker BioMarine AS
  • TABLE 69Key Information - Nutrigold Inc.
  • TABLE 70Key Information - NWC Naturals, Inc.
  • TABLE 71Key Information - Coastside Bio Resources
  • TABLE 72Key Information - Nutracode LLC
  • TABLE 73Key Information - Schiff Nutrition International, Inc.
  • TABLE 74Key Information - Quingdao Kangjing Marine Biotechnology Co. Ltd.
  • TABLE 75Key Information - Rimfrost AS
  • TABLE 76Key Information - Norwegian Fish Oil AS
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