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Fish Oil Market to Boost in the Food Industry

Fish oil is widely adopted in numerous human and animal nutrition applications as a food and feed supplement due to its high content of essential long chain omega 3 fatty acid. As a prime ingredient in aqua feed, the growth of fish oil market is largely proportional to the growth of aquaculture industry. Additionally, the popularity of omega 3 fish oil in various applications, such as supplements & functional food (nutraceutical) and pharmaceutical, is also providing boost to the market. However, the global fish oil industry is largely affected by the demand-supply gap, caused by stringent fishing quotas and adverse climatic conditions.

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Fish Oil Market to Boost in the Food Industry

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 Fish Oil Market Global Opportunity Analysis and Industry Forecast, 2014-2020

  2. Introduction • Fish Oil Market is expected to garner $2.63 billion by 2020, registering a CAGR of 6.1 % during the forecast period 2015-2020 • Fish oil is largely used as a feed ingredient in numerous animal and human nutritional applications, which include aquaculture feed, animal nutrition & pet feed, pharmaceuticals, supplements & functional food • Asia Pacific would continue to be the major regional market due to high concentration of aquaculture industry • China is the biggest fish oil consumer in the world and this is mainly due to the highest concentration of aquaculture industry in this region

  3. Key Factors of the Market • Fish oil is widely adopted in numerous human and animal nutrition applications as a food and feed supplement due to its high content of essential long chain omega 3 fatty acid • The popularity of omega 3 fish oil in various applications, such as supplements & functional food (nutraceutical) and pharmaceutical, is also providing boost to the market • Presently, the aquaculture application holds the largest market share; however, the supplement & functional food will evolve as one of the promising application markets • The rising aquaculture production in Asian countries such as China, India, Vietnam and Indonesia, leads to increased usage of aquaculture grade fish oil in the region.

  4. Get PDF Brochure of this Insight @ https://www.alliedmarketresearch.com/request-sample/552

  5. Key Benefits of the Market • Supplement & functional food segment constitutes the lucrative fish oil application with high Y-o-Y revenue growth • Presently, Asia Pacific holds the largest market share, followed by Europe in the overall fish oil market, in terms of consumption • Among all fish species studied, largest volume of oil is produced from anchovy fishes • China and Japan collectively accounts for about 39% market share of global fish oil market • Denmark and Norway are major producers and consumers of fish oil in the Europe market

  6. Market Segmentation

  7. Key Players of the Market • TASA • Omega Protein Corporation • FMC Corporation • CopeincaAS • CorpescaSA • Colpexinternational • TripleNine • FF SkagenA/S • Pesquera Diamante S.A • Marvesa Holding N.V. and • PesqueraExalmar • For purchase enquiry, visit @ https://www.alliedmarketresearch.com/purchase-enquiry/552

  8. Contact Allied Market Research About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Contact Us: 5933 NE Win Sivers Drive, #205, Portland, OR 97220, United States. Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285 Fax: +1-800-792-5285

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