Global Krill Oil Market (2020-2026) – Industry Trends, Share, Size, Growth, Opportunity and Forecast

Global Krill Oil Market is expected to reach USD 527.55 million by 2026 from USD 260.6 million in 2019 at a CAGR of 10.6 %, over the projection period.

Krill oil is essentially an extract from tiny crustaceans found in the ocean water across the world. The vital factors contributing to the growth of the krill oil market are its growing demand in the pharmaceutical industry and its usage as dietary supplements in increasing applications. Krill Oil contains Omega 3 fatty acids which are considered essential for healthy development. It is widely used in infant food products and other pharmaceutical products due to its health benefits. Besides, increasing health concerns and awareness are also expected to induce the krill oil market.