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Middle East and Africa Fish Oil Market 2021-2028

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    Report

  • 103 Pages
  • February 2021
  • Region: Africa, Middle East
  • Triton Market Research
  • ID: 5264334

MARKET OUTLOOK

This report on the fish oil market in the Middle East and Africa states that this industry is likely to grow with a CAGR of 6.20% in revenue terms and 3.91% in volume terms in the forecast period between 2021 and 2028. Saudi Arabia, Turkey, South Africa, the United Arab Emirates, and Rest of MEA countries together shape the market in this region.
There is limited local agricultural production in the Rest of Middle East & Africa region, coupled with the continuously rising demand for imported agri-food, fish, and fish oil. This is creating significant growth opportunities for the studied market. Also, consumers in this region are showing interest in understanding the role of fish oil and omega-3 fatty acids in the prevention and reduction of the impact of several diseases.

This is expected to enhance the demand and consumption of fish oil and related products, which, in turn, will fuel the market growth over the coming years. Also, several new players are entering the fish oil industry, given the high margins it offers. This is estimated to further propel the market in a positive growth direction.

In addition, Egypt is emerging as a large-scale producer among the Middle Eastern countries, in both aquaculture and capture fisheries. This factor is contributing significantly to the growth of the fish oil market.

COMPETITIVE OUTLOOK

The leading companies in this market include GC Reiber Vivomega Oils, Lysi Hf, Royal DSM NV, Marvesa Holdings NV, Copeinca AS, BASF SE, FF Skagen A/S, and FMC Corporation.

Table of Contents

1. Middle East and Africa Fish Oil Market – Summary
2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Mackerel is Anticipated to Grow at the Highest Cagr
2.2.2. Increasing Health Awareness in Consumers
2.2.3. Rising Demand for Fish Oil Among Sportspersons
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Acquisitions
2.6.2. Partnership & Agreements
2.6.3. Business Expansion
2.7. Market Drivers
2.7.1. Substantial Development in the Aquaculture Industry
2.7.2. Growing Demand for Fish Oil by the Aged
2.7.3. Nutritional Benefits Offered by Fish Oil
2.8. Market Restraints
2.8.1. Harsh Weather Conditions
2.8.2. Dearth in Quantity of Fish Oil
2.8.3. Strict Government Guidelines
2.9. Market Opportunities
2.9.1. Increasing Demand from Supplement Industry
2.10. Impact of Covid-19 on Fish Oil Industry
3. Middle East and Africa Fish Oil Market Outlook – by Species
3.1. Anchovy
3.2. Mackerel
3.3. Sardines
3.4. Cod
3.5. Herring
3.6. Menhaden
3.7. Other Species
4. Middle East and Africa Fish Oil Market Outlook – by Application
4.1. Aquaculture
4.1.1. Salmon & Trout
4.1.2. Marine Fish
4.1.3. Crustaceans
4.1.4. Tilapias
4.1.5. Eels
4.1.6. Cyprinids
4.1.7. Other Aquaculture
4.2. Animal Nutrition & Pet Food
4.3. Pharmaceuticals
4.4. Supplements & Functional Food
4.5. Other Applications
5. Middle East and Africa Fish Oil Market – Regional Outlook
5.1. United Arab Emirates
5.2. Turkey
5.3. Saudi Arabia
5.4. South Africa
5.5. Rest of Middle East & Africa
6. Competitive Landscape
6.1. Omega Protein Corporation
6.2. Fmc Corporation
6.3. Copeinca As
6.4. Corpesca Sa
6.5. Colpex International
6.6. Triplenine Group A/S
6.7. FF Skagen A/S
6.8. Marvesa Holdings Nv
6.9. Pesquera Diamante Sa
6.10. Pesquera Exalmar
6.11. Royal Dsm Nv
6.12. Croda International plc
6.13. Basf Se
6.14. GC Reiber Vivomega Oils
6.15. LYSI HF
7. Methodology & Scope
7.1. Research Scope & Deliverables
7.2. Sources of Data
7.3. Research Methodology
List of Tables
Table 1: Market Attractiveness Index
Table 2: Vendor Scorecard
Table 3: Middle East and Africa Fish Oil Market, by Country, 2021-2028 (In $ Million)
Table 4: Middle East and Africa Fish Oil Market, by Country, 2021-2028 (In Kiloton)
Table 5: Middle East and Africa Fish Oil Market, by Species, 2021-2028 (In $ Million)
Table 6: Middle East and Africa Fish Oil Market, by Species, 2021-2028 (In Kiloton)
Table 7: Middle East and Africa Fish Oil Market, by Application, 2021-2028 (In $ Million)
Table 8: Middle East and Africa Fish Oil Market, by Application, 2021-2028 (In Kiloton)
Table 9: Middle East and Africa Fish Oil Market, by Aquaculture, 2021-2028 (In $ Million)
Table 10: Middle East and Africa Fish Oil Market, by Aquaculture, 2021-2028 (In Kiloton)
List of Figures
Figure 1: Porter's Five Forces Analysis
Figure 2: Middle East and Africa Fish Oil Market, by Anchovy, 2021-2028 (In $ Million)
Figure 3: Middle East and Africa Fish Oil Market, by Mackerel, 2021-2028 (In $ Million)
Figure 4: Middle East and Africa Fish Oil Market, by Sardines, 2021-2028 (In $ Million)
Figure 5: Middle East and Africa Fish Oil Market, by Cod, 2021-2028 (In $ Million)
Figure 6: Middle East and Africa Fish Oil Market, by Herring, 2021-2028 (In $ Million)
Figure 7: Middle East and Africa Fish Oil Market, by Menhaden, 2021-2028 (In $ Million)
Figure 8: Middle East and Africa Fish Oil Market, by Other Species, 2021-2028 (In $ Million)
Figure 9: Middle East and Africa Fish Oil Market, by Aquaculture, 2021-2028 (In $ Million)
Figure 10: Middle East and Africa Fish Oil Market, by Salmon & Trout, 2021-2028 (In $ Million)
Figure 11: Middle East and Africa Fish Oil Market, by Marine Fish, 2021-2028 (In $ Million)
Figure 12: Middle East and Africa Fish Oil Market, by Crustaceans, 2021-2028 (In $ Million)
Figure 13: Middle East and Africa Fish Oil Market, by Tilapias, 2021-2028 (In $ Million)
Figure 14: Middle East and Africa Fish Oil Market, by Eels, 2021-2028 (In $ Million)
Figure 15: Middle East and Africa Fish Oil Market, by Cyprinids, 2021-2028 (In $ Million)
Figure 16: Middle East and Africa Fish Oil Market, by Other Aquaculture, 2021-2028 (In $ Million)
Figure 17: Middle East and Africa Fish Oil Market, by Animal Nutrition & Pet Food, 2021-2028 (In $ Million)
Figure 18: Middle East and Africa Fish Oil Market, by Pharmaceuticals, 2021-2028 (In $ Million)
Figure 19: Middle East and Africa Fish Oil Market, by Supplements & Functional Food, 2021-2028 (In $ Million)
Figure 20: Middle East and Africa Fish Oil Market, by Other Applications, 2021-2028 (In $ Million)
Figure 21: Middle East and Africa Fish Oil Market, Regional Outlook, 2020 & 2028 (In %)
Figure 22: United Arab Emirates Fish Oil Market 2021-2028 (In $ Million)
Figure 23: Turkey Fish Oil Market 2021-2028 (In $ Million)
Figure 24: Saudi Arabia Fish Oil Market 2021-2028 (In $ Million)
Figure 25: South Africa Fish Oil Market 2021-2028 (In $ Million)
Figure 26: Rest of Middle East & Africa Fish Oil Market 2021-2028 (In $ Million)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Omega Protein Corporation
  • Fmc Corporation
  • Copeinca As
  • Corpesca Sa
  • Colpex International
  • Triplenine Group A/S
  • FF Skagen A/S
  • Marvesa Holdings Nv
  • Pesquera Diamante Sa
  • Pesquera Exalmar
  • Royal Dsm Nv
  • Croda International plc
  • Basf Se
  • GC Reiber Vivomega Oils
  • LYSI HF

Methodology

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