Market Overview:
The global Antarctic Krills (Euphausia superba) market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for krill oil and meal as a source of omega-3 fatty acids, proteins, and other nutrients. In addition, rising awareness about the health benefits of consuming krill products is also contributing to the growth of this market. The global Antarctic Krills (Euphausia superba) market can be segmented on the basis of type into Antarctic krill oil, Antarctic krill meal, and Antarctic krill feed. The food industry is expected to account for the largest share in terms of application in 2018. This can be attributed to increasing demand for seafood products that are rich in omega-3 fatty acids and proteins.
 Industry Outlook.svg)
Product Definition:
The Antarctic Krill, Euphausia superba, is a species of krill that lives in the Southern Ocean. It is an important prey item for whales, seals, penguins and other marine predators.
Antarctic Krill Oil:
Antarctic krill oil is a rich source of omega-3 fatty acids and other nutrients. It contains vitamins A & D, proteins, unsaturated fatty acids (omega-3), polyunsaturated fatty acids (omega-6), antioxidants such as astaxanthin and carotenoids along with essential & nonessential amino acids. The product also contains sterols and ketones which are considered to be very effective for reducing blood pressure levels in humans.
Antarctic Krill Meal:
Antarctic krill meal and it’s usage in Euphausia superba is a product that is manufactured from the bodies of small aquatic crustaceans known as “krill”. Krill are tiny, shrimp-like animals that live in the Southern Ocean around Antarctica. They are an important part of the food chain and their numbers play a major role in regulating marine ecosystems.
Application Insights:
The food industry accounted for the largest revenue share of over 50% in 2017. Antarctic krill is one of the best sources of omega 3 fatty acids and is used as a nutritional supplement in human diet. Rising awareness regarding health benefits among consumers, growing demand for organic foods, and increasing consumption are expected to drive product demand in this segment over the forecast period.
The animal feed industry also holds significant potential owing to rising importance among livestock producers including dairy cows, pigs, horses & ponies along with poultry & fish farmers across various regions including North America and Europe. Krill oil contains EPA/DHA which helps improve heart function, brain development (ensuring smarter animals), enhances fertility (in males) as well as reduces inflammation (a natural anti-inflammatory). These factors are anticipated to increase product application across animal feeds sector thereby driving its market growth during the forecast period.
Regional Analysis:
The market in Asia Pacific and Middle East & Africa is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing krill fishing activities in these regions. Krill fishing is carried out by both artisanal and industrial vessels, with the former targeting species such as Euphausia superba while the latter target other species such as Pygmy Krill (Kroopsiella pygmica). In addition, countries such as China are involved actively in catching Antarctic krill for its domestic consumption owing to low prices associated with it.
In terms of volume, North America accounted for a major share of global market revenue owing to high demand from animal feed application segment followed by food industry segment on account of growing aquaculture sector mainly salmon farming along with rising awareness about nutritional diet among consumers especially youth population which prefer organic products.
Growth Factors:
- Increasing demand for seafood products, especially from the developed countries, is expected to drive the growth of the Antarctic Krills market.
- The increasing awareness about the health benefits of consuming seafood is also anticipated to boost the demand for Antarctic Krills in the coming years.
- The rising disposable income of consumers in developing countries is likely to propel them to purchase more expensive seafood products including Antarctic Krills.
- The growing popularity of sushi and other delicacies made with krill are projected to create new opportunities for this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Antarctic Krills (Euphausia superba) Market Research Report
By Type
Antarctic Krill Oil, Antarctic Krill Meal, Antarctic Krill Feed
By Application
Food Industry, Nutritional Supplements, Animal Feeds, Other
By Companies
Aker BioMarine, Rimfrost, Insung, China National Fisheries Corporation, Pesca Chile, Dongwon Industries, Liaoyu, AFC Prydunays'ka Niva, Qingdao Ocean Fishery Overseas Company, Shanghai Fishery (SFGC), Aker BioMarine
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Antarctic Krills (Euphausia superba) Market Report Segments:
The global Antarctic Krills (Euphausia superba) market is segmented on the basis of:
Types
Antarctic Krill Oil, Antarctic Krill Meal, Antarctic Krill Feed
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
Food Industry, Nutritional Supplements, Animal Feeds, Other
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:
- Aker BioMarine
- Rimfrost
- Insung
- China National Fisheries Corporation
- Pesca Chile
- Dongwon Industries
- Liaoyu
- AFC Prydunays'ka Niva
- Qingdao Ocean Fishery Overseas Company
- Shanghai Fishery (SFGC)
- Aker BioMarine
 Market Overview.svg)
Highlights of The Antarctic Krills (Euphausia superba) 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:
- Antarctic Krill Oil
- Antarctic Krill Meal
- Antarctic Krill Feed
- By Application:
- Food Industry
- Nutritional Supplements
- Animal Feeds
- Other
- 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 Antarctic Krills (Euphausia superba) 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
 Market Statistics.svg)
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?
Antarctic Krills are a type of euphausiid shrimp. They are the largest and most common shrimp in the Antarctic Ocean.
Some of the key players operating in the antarctic krills (euphausia superba) market are Aker BioMarine, Rimfrost, Insung, China National Fisheries Corporation, Pesca Chile, Dongwon Industries, Liaoyu, AFC Prydunays'ka Niva, Qingdao Ocean Fishery Overseas Company, Shanghai Fishery (SFGC), Aker BioMarine.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Antarctic Krills (Euphausia superba) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Antarctic Krills (Euphausia superba) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Antarctic Krills (Euphausia superba) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Antarctic Krills (Euphausia superba) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Antarctic Krills (Euphausia superba) Market Size & Forecast, 2018-2028
4.5.1 Antarctic Krills (Euphausia superba) Market Size and Y-o-Y Growth
4.5.2 Antarctic Krills (Euphausia superba) Market Absolute $ Opportunity
Chapter 5 Global Antarctic Krills (Euphausia superba) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Antarctic Krills (Euphausia superba) Market Size Forecast by Type
5.2.1 Antarctic Krill Oil
5.2.2 Antarctic Krill Meal
5.2.3 Antarctic Krill Feed
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Antarctic Krills (Euphausia superba) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Antarctic Krills (Euphausia superba) Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Nutritional Supplements
6.2.3 Animal Feeds
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Antarctic Krills (Euphausia superba) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Antarctic Krills (Euphausia superba) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Antarctic Krills (Euphausia superba) Analysis and Forecast
9.1 Introduction
9.2 North America Antarctic Krills (Euphausia superba) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Antarctic Krills (Euphausia superba) Market Size Forecast by Type
9.6.1 Antarctic Krill Oil
9.6.2 Antarctic Krill Meal
9.6.3 Antarctic Krill Feed
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Antarctic Krills (Euphausia superba) Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Nutritional Supplements
9.10.3 Animal Feeds
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Antarctic Krills (Euphausia superba) Analysis and Forecast
10.1 Introduction
10.2 Europe Antarctic Krills (Euphausia superba) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Antarctic Krills (Euphausia superba) Market Size Forecast by Type
10.6.1 Antarctic Krill Oil
10.6.2 Antarctic Krill Meal
10.6.3 Antarctic Krill Feed
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Antarctic Krills (Euphausia superba) Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Nutritional Supplements
10.10.3 Animal Feeds
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Antarctic Krills (Euphausia superba) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Antarctic Krills (Euphausia superba) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Antarctic Krills (Euphausia superba) Market Size Forecast by Type
11.6.1 Antarctic Krill Oil
11.6.2 Antarctic Krill Meal
11.6.3 Antarctic Krill Feed
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Antarctic Krills (Euphausia superba) Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Nutritional Supplements
11.10.3 Animal Feeds
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Antarctic Krills (Euphausia superba) Analysis and Forecast
12.1 Introduction
12.2 Latin America Antarctic Krills (Euphausia superba) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Antarctic Krills (Euphausia superba) Market Size Forecast by Type
12.6.1 Antarctic Krill Oil
12.6.2 Antarctic Krill Meal
12.6.3 Antarctic Krill Feed
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Antarctic Krills (Euphausia superba) Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Nutritional Supplements
12.10.3 Animal Feeds
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Antarctic Krills (Euphausia superba) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Antarctic Krills (Euphausia superba) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Antarctic Krills (Euphausia superba) Market Size Forecast by Type
13.6.1 Antarctic Krill Oil
13.6.2 Antarctic Krill Meal
13.6.3 Antarctic Krill Feed
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Antarctic Krills (Euphausia superba) Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Nutritional Supplements
13.10.3 Animal Feeds
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Antarctic Krills (Euphausia superba) Market: Competitive Dashboard
14.2 Global Antarctic Krills (Euphausia superba) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aker BioMarine
14.3.2 Rimfrost
14.3.3 Insung
14.3.4 China National Fisheries Corporation
14.3.5 Pesca Chile
14.3.6 Dongwon Industries
14.3.7 Liaoyu
14.3.8 AFC Prydunays'ka Niva
14.3.9 Qingdao Ocean Fishery Overseas Company
14.3.10 Shanghai Fishery (SFGC)
14.3.11 Aker BioMarine
