Fish oil is a dietary supplement derived from the tissues of oily fish containing omega 3 fatty acids, such as eicosapentaenoic acids (EPA) and docosahexaenoic acids (DHA). Omega-3 fatty acids are majorly used in aquaculture, animal nutrition & pet feed, supplements & functional food, and pharmaceuticals. Moreover, omega-3 fatty acid helps in improving the cardiovascular system and plays a major role in proper functioning of the nervous system. The rise in awareness among medical professionals and public about the importance of omega-3 fatty acids has led to significant increase in fish oil consumption. Therefore, companies are now expanding their nutraceuticals product line with the addition of concentrated EPA and DHA. The U. S. and South America fish oil market size was valued at $677. 6 million in 2019, and is estimated to reach $1,119. 4 million by 2027 with a CAGR of 9. 8% from 2021 to 2027. U. S. dominated the fish oil market in 2019, and is expected to continue this trend throughout the forecast period, registering a CAGR of 8. 8%.
Surge in demand for EPA and DHA in human nutrition has positively impacted on the U. S. and South America fish oil market. Moreover, increase in awareness about micro and macro nutrients has boosted the sale of fish oil capsules. However, The rise in volume of fish oil consumption in human nutrition creates a supply threat for aquaculture feed. Moreover, due to adverse environmental factors and regulatory impositions on fishing, companies are unable to meet the demand-supply gap. Upsurge in demand and lack of supply are primarily responsible for increasing costs of fish oil. Furthermore, the fish oil price rise is primarily affected due to market penetration of substitute products, such as plant-based oils and nut-based oil. Thus, continuous price fluctuations in the fish oil industry are anticipated to hamper the growth of the fish oil market in the U. S. and South America.
The U. S. and South America fish oil market is segmented into type, application, and country. By type, the market is categorized into salmon, cod, anchovy, tuna, trout, and others, including mackerel, sardines, herring, and menhaden. Depending on application, it is fragmented into dietary supplements and functional food. Country wise, it is analyzed across the U. S., Mexico, Brazil, Argentina, and rest of Latin America.
The key players operating in the fish oil industry include Omega Protein Corporation, FMC Corporation, Nordic Naturals, Wileys's Finest, Barlean's, Optimum Nutrition, Nuzena LLC, Nutrigold, The Nature's Bounty, and Colpex International.
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTATION
By Country
Surge in demand for EPA and DHA in human nutrition has positively impacted on the U. S. and South America fish oil market. Moreover, increase in awareness about micro and macro nutrients has boosted the sale of fish oil capsules. However, The rise in volume of fish oil consumption in human nutrition creates a supply threat for aquaculture feed. Moreover, due to adverse environmental factors and regulatory impositions on fishing, companies are unable to meet the demand-supply gap. Upsurge in demand and lack of supply are primarily responsible for increasing costs of fish oil. Furthermore, the fish oil price rise is primarily affected due to market penetration of substitute products, such as plant-based oils and nut-based oil. Thus, continuous price fluctuations in the fish oil industry are anticipated to hamper the growth of the fish oil market in the U. S. and South America.
The U. S. and South America fish oil market is segmented into type, application, and country. By type, the market is categorized into salmon, cod, anchovy, tuna, trout, and others, including mackerel, sardines, herring, and menhaden. Depending on application, it is fragmented into dietary supplements and functional food. Country wise, it is analyzed across the U. S., Mexico, Brazil, Argentina, and rest of Latin America.
The key players operating in the fish oil industry include Omega Protein Corporation, FMC Corporation, Nordic Naturals, Wileys's Finest, Barlean's, Optimum Nutrition, Nuzena LLC, Nutrigold, The Nature's Bounty, and Colpex International.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides a quantitative analysis of the current market trends, estimations, and dynamics of the market size from 2019-2027 identify the prevailing U. S. and South America fish oil opportunities.
- Porter’s five forces analysis highlights the potency of buyers and supplier’s tenable stakeholder’s make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the size and segmentation assists in determining the prevailing market opportunities.
- The major countries in South America along with U. S. are mapped according their revenue contribution the industry.
- The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the U. S. and South America fish oil industry.
KEY MARKET SEGMENTATION
- Type
- Salmon
- Cod
- Anchovy
- Tuna
- Trout
- Others
- Application
- Nutritional Supplements
- Functional Food
By Country
- U. S.
- Mexico
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: U. S. And South America Fish Oil Market, by Type
Chapter 5: U. S. And South America Fish Oil Market, by Application
Chapter 6: Fish Oil Market, by Country
Chapter 7: Competition Landscape
Chapter 8: Company Profiles
List of Tables
List of Figures
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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