Fish Oil Market to Reach US$ 2,166.3 Mn by 2028 - Future Market Insights

VALLEY COTTAGE, New York, May 15, 2018 /PRNewswire/ --

The distribution and availability of raw materials is one of the core needs of the global fish oil market. Acquisition Approach: Strengthen acquisitions in high raw material availability regions such as Latin America and Western Europe by acquiring local companies across these markets and improve regional presence and strengthen company's positioning in the fish oil market. Increasing innovation across various stages of fish oil value chain mainly production level and refining due to increase in competition. Manufacturers are focusing on developing high quality fish oil products with various certifications, quality standards, grades, and product types.

     (Logo: https://mma.prnewswire.com/media/677274/Future_Market_Insights_Logo.jpg )

The main organizations in the fish oil market are to a great extent concentrating on securing and item enhancement to keep up their intensity in the worldwide market. For example, Omega Protein Corporation, as of late gained Bioriginal Food and Science Corp., a main provider of plant and marine based strength oils and fundamental unsaturated fats in the nourishment and nutraceutical businesses. This securing empowers Omega Protein Corporation to enhance its fish oil contributions in the human sustenance item sections and upgrade its client reach. The leading companies operating in the global fish oil market are PT FKS Multi Agro Tbk, China Fishery Group Ltd., The Chemical Company, TASA (Tecnologica De Alimentos S.A.), Alpha Atlantique, Empresas Copec S.A., and Fahad Fishmeal & Oil Compan, among others.

Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-6686

According to the report published by Future Market Insights (FMI), the global fish oil was worth US$ 1,082.8 Mn in 2017 and is projected to touch a valuation of US$ 2,166.3 Mn by the end of 2028. The market is expected to exhibit a CAGR of 6.7% over the course of the forecast period of 2018-2028.

Aquaculture Industry to Support Global Market Growth 

Global aquaculture production is projected to witness a CAGR of 8.1% during the period 2008-2030. Some regions, in particular Latin America and the Caribbean (LAC) and Middle-East and North-African (MNA) region, would benefit proportionately more from this scenario. In contrast, North America and Japan would lose from this scenario. Stellar growth of aquaculture production would entail more fish oil use by some fish species groups, which is expected to drive fish oil price upward. Development in aquaculture, together with advancements of aquaculture farming, there has been a major resource input needed in the form of feeds (including fish oil) to sustain these aquaculture practices.

Fish Oil Market Segmentation Product Type - Salmon Oil, Tuna Oil, Cod Liver Oil, Sardine Oil, Squalene Oil, Krill Oil, Anchovy oil, Menhaden oil, Others; Process - Crude, Refined, Modified; Grade - Feed, Food, Pharma; End User - Aquafeed(Crustaceans, Marine Fish, Salmon & Trout, Eels, Cyprinids, Tilapias), Food and Beverages, Dietary Supplements, Others; Packaging - Drum, Glass Bottle, Vacuum Pack, Plastic Bottle, Tinned Cans, Others: https://www.futuremarketinsights.com/reports/fish-oil-market

The growing demand for Omega-3 fatty acid supplements that helps in the prevention of cancer, stroke, and heart attack and is found in fish oil is also one of the reasons behind the growing demand for fish oil across the globe.

Decrease of Fish Oil Inclusion in Aquafeed to Hamper Market Growth 

There has been rise in the total global consumption of fish oil consumption globally. However, the average inclusion of fish oil in aquafeed have been on constant fall in the recent years. The major factor for the global fall in fish oil inclusion levels in aquafeed has been due to the spike in global fish oil prices in the last decade. Rise in fish oil price has been due various reasons, importantly being stagnant global supplies of fish oil, and robust industrial demand for fish oil in the major consumption countries.

Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-6686

More from FMI's Food and Beverages Intelligence:  

• Infant Nutritional Premix Market Segmentation By Form- Powder, Liquid; Ingredient Type- Vitamins, Minerals, Nucleotides, Amino Acids, Others; Function- Bone Health, Immunity, Digestion, Vision Health, Brain Health & Memory, Others: https://www.futuremarketinsights.com/reports/infant-nutritional-premix-market
• Fortified Dairy Products Market Segmentation By Product Type- Milk, Milk Powder and Formula, Flavored Milk, Cheese, Dairy Based Yogurt, Other Products; Micronutrients- Vitamins, Minerals, Other Fortifying Nutrients; Sales Channel- Modern Trade, Convenience Stores, Departmental Stores, Drug Stores, Online Stores, Other Sales Channel: https://www.futuremarketinsights.com/reports/fortified-dairy-products-market
• Modified Flour Market Segmentation By Product Type - Wheat Flour, Maize Flour, Rice Flour, Soya Flour, Others; Application - Bakery & Confectionery, Extruded Snacks, Soups, Packaged Food, Other Application; Ingredients - Activated Carbon, Microcrystalline Cellulose (MCC), Methylcellulose, Carboxy-methyl cellulose (CMC), Ethyl cellulose, Phosphorus Chemicals, Succinic Acid; Sales Channel - Direct Sales Modern Trade, Departmental Stores, Convenience Stores, Online Stores, Other Sales Channel https://www.futuremarketinsights.com/reports/modified-flour-market

About Us 

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Browse More: Food and Beverages Market Insights

Contact Us
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): +44(0)20-7692-8790
Sales: sales@futuremarketinsights.com
Press Office: Press@futuremrketinsights.com

FMI Blog: http://www.fmiblog.com/

Website: http://www.futuremarketinsights.com