Market Overview:
The global fish oil supplement market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing awareness about the benefits of fish oil supplements among consumers and rising demand for nutraceuticals and functional foods. In addition, growing demand for pharmaceutical grade fish oils is also contributing to the growth of this market. On the basis of type, health food grade segment dominates the global fish oil supplement market and is expected to continue its dominance during forecast period. This can be attributed to increasing demand for healthy foods and dietary supplements across globe.
Product Definition:
Fish oil supplements are dietary supplements that contain omega-3 fatty acids. Fish oils are important for physical and emotional health.
Health food grade:
Health food grade is the purest form of fish oil supplement. It has been processed in such a way that it meets all the nutritional criteria set by various regulatory authorities across different countries. Health food grade fish oil is used for cooking, salad dressings, and baking as it contains omega 3 fatty acids which are good for human health. The product also helps to reduce bad cholesterol and blood pressure levels along with coronary heart diseases.
Pharmaceutical grade:
Pharmaceutical grade is the term used for fish oil that has been purified to remove all types of contaminants including mercury. It is a pure form and thus, it can be consumed by humans as well as animals without any side effects. Pharmaceutical grade fish oil helps in reducing cholesterol levels, blood pressure and coronary heart diseases among other health issues.
Application Insights:
Nourishment was the dominant application segment in 2017 and accounted for over 60.0% share of the global fish oil supplement market. The product is widely used as a nutritional supplement to maintain heart and lung health, promote weight management, enhance metabolism, strengthen immunity against bacterial & viral infections, reduce chances of cancer occurrence and improve cognitive function among others.
The drug segment is expected to witness significant growth during the forecast period owing to rising incidences of cardiovascular diseases along with other major chronic diseases that are highly prevalent in developing countries including China India Japan Brazil etc. Moreover increasing demand for anti-inflammatory drugs due to growing cases of rheumatoid arthritis will drive this industry further which can be utilized as an alternative treatment option compared to conventional medicines thus augmenting its demand over the next few years.
Regional Analysis:
North America was the largest market for fish oil supplements, accounting for a share of more than 30.0% in 2017. The region is expected to continue its dominance over the forecast period as well owing to high consumption of dietary supplements and increasing awareness about their benefits among consumers. Increasing health concerns among people coupled with rising obesity levels are some factors driving demand from North America.
Asia Pacific is anticipated to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 due to growing health consciousness and improving economic conditions in various countries including China, India, Indonesia, Malaysia Philippines Thailand Vietnam etc.
Growth Factors:
- Increasing awareness about the health benefits of fish oil supplements is driving the growth of this market.
- The growing demand for natural and organic products is also fueling the growth of this market.
- The increasing prevalence of lifestyle diseases is leading to an increase in the demand for fish oil supplements as a means to prevent these diseases.
- The rising popularity of preventive healthcare is also contributing to the growth of this market.
- The increasing disposable income of consumers in emerging markets is providing a boost to the sales of fish oil supplements
Scope Of The Report
Report Attributes
Report Details
Report Title
Fish Oil Supplement Market Research Report
By Type
Health food grade, Pharmaceutical grade, Other
By Application
Nourishment, Drug
By Companies
Nature's Bounty, Nature Made, Dr. Tobias, Kirkland, Viva Naturals, Sundown Naturals, NOW Foods, Barlean's, GNC, Centrum, Nature's Bounty
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Fish Oil Supplement Market Report Segments:
The global Fish Oil Supplement market is segmented on the basis of:
Types
Health food grade, Pharmaceutical grade, Other
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
Nourishment, Drug
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:
- Nature's Bounty
- Nature Made
- Dr. Tobias
- Kirkland
- Viva Naturals
- Sundown Naturals
- NOW Foods
- Barlean's
- GNC
- Centrum
- Nature's Bounty
Highlights of The Fish Oil Supplement 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:
- Health food grade
- Pharmaceutical grade
- Other
- By Application:
- Nourishment
- Drug
- 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 Fish Oil Supplement 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?
Fish oil supplements are a type of supplement that contain omega-3 fatty acids. These fatty acids can help to improve heart health, joint function, and cognitive function.
Some of the key players operating in the fish oil supplement market are Nature's Bounty, Nature Made, Dr. Tobias, Kirkland, Viva Naturals, Sundown Naturals, NOW Foods, Barlean's, GNC, Centrum, Nature's Bounty.
The fish oil supplement market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fish Oil Supplement 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 Fish Oil Supplement Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fish Oil Supplement 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 Fish Oil Supplement 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 Fish Oil Supplement Market Size & Forecast, 2020-2028
4.5.1 Fish Oil Supplement Market Size and Y-o-Y Growth
4.5.2 Fish Oil Supplement Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Health food grade
5.2.2 Pharmaceutical grade
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Nourishment
6.2.2 Drug
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fish Oil Supplement 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 Fish Oil Supplement 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Health food grade
9.6.2 Pharmaceutical grade
9.6.3 Other
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 Market Size Forecast by Applications
9.10.1 Nourishment
9.10.2 Drug
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Health food grade
10.6.2 Pharmaceutical grade
10.6.3 Other
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 Market Size Forecast by Applications
10.10.1 Nourishment
10.10.2 Drug
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Health food grade
11.6.2 Pharmaceutical grade
11.6.3 Other
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 Market Size Forecast by Applications
11.10.1 Nourishment
11.10.2 Drug
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Health food grade
12.6.2 Pharmaceutical grade
12.6.3 Other
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 Market Size Forecast by Applications
12.10.1 Nourishment
12.10.2 Drug
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Health food grade
13.6.2 Pharmaceutical grade
13.6.3 Other
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) Market Size Forecast by Applications
13.10.1 Nourishment
13.10.2 Drug
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 Fish Oil Supplement Market: Competitive Dashboard
14.2 Global Fish Oil Supplement Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nature's Bounty
14.3.2 Nature Made
14.3.3 Dr. Tobias
14.3.4 Kirkland
14.3.5 Viva Naturals
14.3.6 Sundown Naturals
14.3.7 NOW Foods
14.3.8 Barlean's
14.3.9 GNC
14.3.10 Centrum
14.3.11 Nature's Bounty
