Impact Analysis of Covid-19
The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
In the world economic growth, the Fish Oil industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Fish Oil market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Fish Oil market size will be further expanded, we expect that by 2024, The market size of the Fish Oil will reach XXX million $.
Overview
Fish oil is the oil extracted from tissues of oily fish. Fish oil is widely used due to the fact that it contains omega-3 fatty acids, which reduces inflammation in the body. Generally, fish oil is derived from oily fish such as anchovies, herring, tuna, and mackerel and livers of other fish types. Fish oil is typically used as a feed ingredient in aquaculture feed, pet & animal feed, pharmaceuticals, and functional food. The global fish oil focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global fish oil market is expected to witness significant growth during the forecast period, owing to rising demand for fish oil from different industries.
Market Drivers
Increasing prevalence of chronic diseases such as cardiovascular disease is expected to drive growth of the global fish oil market during the forecast period. Cardiovascular disease is one of the more severe diseases across the globe. According to the American Heart Association (AMA), in 2016, cardiovascular disease accounted for 17.6 million deaths across the globe. According to the same source, that number is expected to reach 23.6 million by 2030. Fish oil is used to control cardiovascular disease, which in turn, is expected to drive growth of the market during the forecast period. Furthermore, rising demand for fish oil from aquaculture industry is expected to propel the global fish oil market growth over the forecast period.
Market Restraints
Stringent regulatory impositions on fishing quota are expected to hinder the global fish oil market growth during the forecast period.
Regional Insights
Among regions, Asia Pacific is expected to witness significant growth in the global fish oil market during the forecast period. This is owing to growing focus on aquaculture industry in this region. Moreover, North America is expected to exhibit a lucrative growth rate over the forecast period, owing to rising awareness regarding health benefits of fish oil containing food products in the U.S.
Competitive Section
Key players operating in the global fish oil market are Omega Protein Corporation, TripleNine Group, Havsbrún, COPEINCA, Nissui Group, Austevoll Seafood ASA, Animalfeeds International, China Fishery Group, CV. Sari LautJaya, Kobyalar Group, FF Skagen A/S, Pioneer Fishing, Pesquera Diamante S.A., Oceana Group, Camanchaca, Orizon SA, OLVEA Fish Oils, and Pesquera Pacific Star.
Major companies in the market are focused on collaborations and agreements, in order to enhance the market presence. For instance, in April 2019, OLVEA Fish Oils, a France-based fish oil provider, entered into an agreement with IQI to improve quality of their businesses.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
TripleNine Group
COPEINCA
Austevoll Seafood ASA
China Fishery Group
FF Skagen A/S
Pesquera Diamante S.A.
Camanchaca
OLVEA Fish Oils
Omega Protein Corporation
Pesquera Pacific Star
Orizon SA
Oceana Group
Pioneer Fishing
Kobyalar Group
CV. Sari LautJaya
Animalfeeds International
Nissui Group
Havsbrún
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Salmon and Trout
Marine Fish
Carps
Tilapias
Industry Segmentation
Aquaculture
Direct Human Consumption
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
