Global Fish Oil market will reach 3040 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/28

Fish oil is a virtually unique source of natural LC omega-3 fatty acids – EPA, DPA and DHA. It comes from fatty fish, specifically the tissue of fatty fish, such as trout, mackerel, tuna, herring, sardines, and salmon.
Globally, the fish oil industry has association with the distribution global fishery resources. The production activities concentrated in a few countries of coastal areas, like Peru, Chile, Denmark, Norway, USA, Iceland, Mexico, Japan, China etc.; On the other hand the consumers also concentrated in special sea areas, the main consumers like Norway, Chile, Denmark, Japan, USA, China, UK etc.

The fish oil products are mainly used for aquaculture and direct human consumption, but the former consumption share continued to decline and the latter kept increasing in the past few years. It expected that this trend will continue in the following years. That means there is significant scope for the market to grow, especially the direct human consumption.

The global Fish Oil market is valued at 1960 million US$ in 2018 is expected to reach 3040 million US$ by the end of 2025, growing at a CAGR of 6.5% during 2019-2025.

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