The Biggest Trends Coming to Fish Oil in 2021 and Beyond
Fish oil is extracted from the tissues of fish which comprises of omega 3 fatty acids, including eicosapentaenoic acids (EPA) and docosahexaenoic acids (DHA). Omega-3 fatty acids are extensively used in applications such as animal nutrition & pet feed, aquaculture, supplements & functional food and pharmaceuticals and others such end use applications. Moreover, fish oil is used to promote the cardiovascular system and plays an significant role in regulating the functioning of the nervous system.
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Top Key Players: Colpex International, Copeinca AS, Corpesca SA, FF Skagen A/S, FMC Corporation, Marvesa Holding N.V., Omega Protein Corporation, Pesquera Diamante S.A., Pesquera Exalmar, TripleNine Group A/S
The Fish Oil market has witnessed a significant growth owing to factors such as rising consciousness towards health. Moreover, rising government awareness towards consumption of omega 3 fatty acid provides a huge market opportunity for the key players operating in the Fish Oil market. However, major change in climatic conditions may restrain the overall growth of the Fish Oil market.
The global Fish Oil market is segmented on the basis of species and application. On the basis of species, the fish oil market is segmented into anchovy, mackerel, sardines, cod, herring and others. Based on application, the global fish oil market is divided aquaculture, animal nutrition and pet food, pharmaceuticals, supplements and functional food and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Fish Oil market based on various segments. It also provides marketsize and forecast estimates from the year 2018to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America.
Source: The Insight Partners