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Krill Oil Market To Reach USD 843.3 Million By 2026 | NWC Naturals LLC, Neptune Technologies & Bioresources, Nutrigold www.reportsanddata.com sales@reportsanddata.com
Market Summary Increasing consumer demands for a healthy oil to reduce cholesterol and rising demand for Omega 3 Fatty Acids are key factors contributing to high CAGR during the forecast period. Market Size – USD 352.9 million in 2018, Market Growth - CAGR of 11.3%, Market Trends – Increasing usage of Krill Oil in healthcare.
Our Approach Market Summary According to the current analysis of Reports and Data, the global Krill oil market was valued at USD 352.9 million in 2018 and is expected to reach USD 843.3 million by the year 2026, at a CAGR of 11.3%. The increasing awareness among consumers of the health benefits of omega-3 fatty acids is a crucial factor for the growth of the krill oil market. Among the regions, China occupied around 1/3rd of the infant formula market in 2016-17, with imported infant formula valued at about USD 2.5 billion annually. The demand for infant milk formula is also expected to grow at a rate of 10%. There is a rising demand for special/premium infant formula products. EPA and DHA are essential for infant brain development and immunity strength. DHA has well-established legal strains for incorporation into infant formula products in different regulations and WHO recommendations. Thus, infant formula holds the major market share for omega-3 consumer products in China. Krill Oil is derived from small organisms named krill that are small red-colored crustaceans, similar to shrimp, that flourish in extremely cold waters and are mostly found near the Antarctic Ocean. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2375
Our Approach Market Summary Further key findings from the report suggest Krill is an increasingly crucial source of n-3 PUFAs as Krill oil has high DHA and EPA-containing phospholipids, which might be better bioavailable with some uncertainty. KO has a considerable amount of astaxanthin, an important natural antioxidative component. Moreover, intake of food rich in antioxidants is beneficial to reduce the risk of cardiovascular, high blood pressure, and cancer. KO in animal feeding with a high-fat diet has been demonstrated to improve its dyslipidemia, body weight, and glucose metabolism. Supplementation with KO gives the benefit of not only supplying EPA and DHA but also choline, which is a conditionally essential nutrient. Choline is needed in the synthesis of neurotransmitters (acetylcholine) and PLs (PC, lyso-PC, choline plasmalogen and sphingomyelin) and is important in the transport of lipids and reduction of homocysteine. Krill oil is an attractive dietary supplement that might help in the maintenance of skin health and treatment of skin disorders by both its omega-3 and phospholipid components. By increasing the amount of omega-3 fatty acids in the body, krill oil has the ability not only to influence skin hydration and elasticity, but also the amount and size of wrinkles. To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/krill-oil-market
Our Approach Market Summary Key participants include Qingdao Kangjing Marine Technology, Enzymotec Ltd., RB LLC, NWC Naturals LLC, Neptune Technologies & Bioresources, Nutrigold Inc., Daeduck FRD Inc., Olympic Seafood AS, Azantis Inc., and Norweigan Fish Oil, among others. For the purpose of this report, Reports and Data has segmented the Krill oil market on the basis of product, distribution channel, application, and region: Product (Revenue, USD Million; 2016–2026, Volume, Tons; 2016-2026) Liquids Tablets Soft Gels Capsules Distribution Channel (Revenue, USD Million; 2016–2026, Volume, Tons; 2016-2026) Supermarkets/Hypermarkets Departmental Store Pharmacy Store Online Store Others
Our Approach Market Summary Application (Revenue, USD Million; 2016–2026, Volume, Tons; 2016-2026) Dietary Supplements Animal Food & Pet Food Functional Food & Beverages Pharmaceuticals Others Order Now: https://www.reportsanddata.com/checkout-form/2375
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