Market Overview:
The global food grade fish oil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for healthy and nutritious food products, rising awareness about the health benefits of omega-3 fatty acids, and growing demand for animal feed and nutrition products. However, factors such as stringent regulatory norms related to fish processing and exports are likely to restrain the growth of this market during the forecast period. On the basis of type, salmon and trout accounted for a major share of the global food grade fish oil market in 2017. This segment is projected to grow at a CAGR of 5.8% during 2018-2030 owing to its high nutritional value as well as its widespread use in animal feed applications across different regions worldwide. Marine fish is another key type segmented in this market, which is projected witness highest growth rate over next 10 years on account high consumption rates across developed countries including UAS.
Product Definition:
Fish oils are oils derived from the tissues of oily fish. Fish oils contain the omega-3 fatty acids eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA), which are beneficial for human health. Food grade fish oil is used as a food additive to impart a desired flavor and/or improve food texture, freshness, or stability.
Salmon and Trout:
Salmon and trout are two different species of fish which are extensively farmed for their oil. The growth factor in this market is driven by consumer preference for omega 3 fatty acids, which are present in high quantities in the fish oil. The demand for salmon and trout oil has been increasing over the past few years on account of rising health awareness among consumers across various countries such as U.S., China, Japan, Germany, etc.
Marine Fish:
Marine fish is the name given to all aquatic species of fish, which live in salt water. The marine environment plays a very important role in providing food for human beings and other organisms. Marine animals are an important source of protein for many countries around the world including Japan, China, Thailand and South Korea among others. Fish forms an essential part of their diet as it is rich in proteins and contains low fat content along with being easy to cook.
Application Insights:
The food and beverage industry was the largest application segment in 2017. The product is widely used as a nutritional supplement for dogs and humans owing to its omega-3 fatty acids content. Increasing awareness about the importance of nutrition among pet owners, particularly in developed countries such as U.S., Canada, U.K., Germany, and France will drive demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for nearly 60% of the global fish production, which has resulted in high consumption of fish oil as feedstock. Moreover, increasing awareness regarding health benefits associated with food grade omega 3 fatty acids is anticipated to drive demand over the forecast period.
The growing population coupled with rising disposable income levels in emerging economies such as China and India have led to increased consumption of packaged food products such as ready-to-eat meals, snacks, desserts, etc., thereby driving product demand from application industries across various end-use industries including nutraceuticals and cosmetics industry. Increasing per capita expenditure on these sectors by consumers owing to changing lifestyles are likely boost growth further.
Growth Factors:
- Increasing demand for healthy and nutritious food products is driving the growth of the food grade fish oil market.
- Rising awareness about the health benefits of consuming food grade fish oil is also propelling the growth of this market.
- The increasing use of food grade fish oil in various applications such as dietary supplements, infant formula, bakery products, and others is fueling its demand globally.
- The growing popularity of omega-3 fatty acids among consumers is also contributing to the growth of this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Grade Fish Oil Market Research Report
By Type
Salmon and Trout, Marine Fish, Carps, Tilapias, Others
By Application
Animal Feed and Nutrition, Food and Beverage Industry, Nutraceutical Industry, Others
By Companies
Stepan Specialty Products, Nordic Naturals, OLVEA Fish Oils, TripleNine Group, FF Skagen, Pesquera Diamante, Omega Protein, Pesquera Pacific Star, Kobyalar Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Food Grade Fish Oil Market Report Segments:
The global Food Grade Fish Oil market is segmented on the basis of:
Types
Salmon and Trout, Marine Fish, Carps, Tilapias, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Animal Feed and Nutrition, Food and Beverage Industry, Nutraceutical Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stepan Specialty Products
- Nordic Naturals
- OLVEA Fish Oils
- TripleNine Group
- FF Skagen
- Pesquera Diamante
- Omega Protein
- Pesquera Pacific Star
- Kobyalar Group
Highlights of The Food Grade Fish Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Salmon and Trout
- Marine Fish
- Carps
- Tilapias
- Others
- By Application:
- Animal Feed and Nutrition
- Food and Beverage Industry
- Nutraceutical Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Grade Fish Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food grade fish oil is a purified product made from fresh or frozen fish. It is typically extracted using cold-pressed methods and has a high content of omega-3 fatty acids.
Some of the major players in the food grade fish oil market are Stepan Specialty Products, Nordic Naturals, OLVEA Fish Oils, TripleNine Group, FF Skagen, Pesquera Diamante, Omega Protein, Pesquera Pacific Star, Kobyalar Group.
The food grade fish oil market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Grade Fish Oil Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Food Grade Fish Oil Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Food Grade Fish Oil Market - Supply Chain
4.5. Global Food Grade Fish Oil Market Forecast
4.5.1. Food Grade Fish Oil Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Food Grade Fish Oil Market Size (000 Units) and Y-o-Y Growth
4.5.3. Food Grade Fish Oil Market Absolute $ Opportunity
5. Global Food Grade Fish Oil Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Food Grade Fish Oil Market Size and Volume Forecast by Type
5.3.1. Salmon and Trout
5.3.2. Marine Fish
5.3.3. Carps
5.3.4. Tilapias
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Food Grade Fish Oil Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Food Grade Fish Oil Market Size and Volume Forecast by Application
6.3.1. Animal Feed and Nutrition
6.3.2. Food and Beverage Industry
6.3.3. Nutraceutical Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Food Grade Fish Oil Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Food Grade Fish Oil Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Food Grade Fish Oil Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Food Grade Fish Oil Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Food Grade Fish Oil Demand Share Forecast, 2019-2026
9. North America Food Grade Fish Oil Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Food Grade Fish Oil Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Food Grade Fish Oil Market Size and Volume Forecast by Application
9.4.1. Animal Feed and Nutrition
9.4.2. Food and Beverage Industry
9.4.3. Nutraceutical Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Food Grade Fish Oil Market Size and Volume Forecast by Type
9.7.1. Salmon and Trout
9.7.2. Marine Fish
9.7.3. Carps
9.7.4. Tilapias
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Food Grade Fish Oil Demand Share Forecast, 2019-2026
10. Latin America Food Grade Fish Oil Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Food Grade Fish Oil Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Food Grade Fish Oil Market Size and Volume Forecast by Application
10.4.1. Animal Feed and Nutrition
10.4.2. Food and Beverage Industry
10.4.3. Nutraceutical Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Food Grade Fish Oil Market Size and Volume Forecast by Type
10.7.1. Salmon and Trout
10.7.2. Marine Fish
10.7.3. Carps
10.7.4. Tilapias
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Food Grade Fish Oil Demand Share Forecast, 2019-2026
11. Europe Food Grade Fish Oil Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Food Grade Fish Oil Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Food Grade Fish Oil Market Size and Volume Forecast by Application
11.4.1. Animal Feed and Nutrition
11.4.2. Food and Beverage Industry
11.4.3. Nutraceutical Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Food Grade Fish Oil Market Size and Volume Forecast by Type
11.7.1. Salmon and Trout
11.7.2. Marine Fish
11.7.3. Carps
11.7.4. Tilapias
11.7.5. Others
11.8. Bsis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Food Grade Fish Oil Demand Share, 2019-2026
12. Asia Pacific Food Grade Fish Oil Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Food Grade Fish Oil Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Food Grade Fish Oil Market Size and Volume Forecast by Application
12.4.1. Animal Feed and Nutrition
12.4.2. Food and Beverage Industry
12.4.3. Nutraceutical Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Food Grade Fish Oil Market Size and Volume Forecast by Type
12.7.1. Salmon and Trout
12.7.2. Marine Fish
12.7.3. Carps
12.7.4. Tilapias
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Food Grade Fish Oil Demand Share, 2019-2026
13. Middle East & Africa Food Grade Fish Oil Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Food Grade Fish Oil Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Food Grade Fish Oil Market Size and Volume Forecast by Application
13.4.1. Animal Feed and Nutrition
13.4.2. Food and Beverage Industry
13.4.3. Nutraceutical Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Food Grade Fish Oil Market Size and Volume Forecast by Type
13.7.1. Salmon and Trout
13.7.2. Marine Fish
13.7.3. Carps
13.7.4. Tilapias
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Food Grade Fish Oil Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Food Grade Fish Oil Market: Market Share Analysis
14.2. Food Grade Fish Oil Distributors and Customers
14.3. Food Grade Fish Oil Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Stepan Specialty Products
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nordic Naturals
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. OLVEA Fish Oils
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TripleNine Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. FF Skagen
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Pesquera Diamante
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Omega Protein
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Pesquera Pacific Star
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kobyalar Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
