Research and Markets: The Global Fish Oil Market Would Reach $2.63 Billion by 2020, Registering a CAGR of 6.1% during 2015 – 2020

DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/5ht5nd/global_fish_oil) has announced the addition of the “Global Fish Oil Market (Application, Species and Geography) – Country Analysis, Size, Share, Trends, Company Profiles, Demand, Growth, Opportunities and Forecast, 2014 – 2020” report to their offering.

More than 50% of the global fish oil is produced in Latin American countries namely Peru and Chile; however, most of it is consumed in the Asia Pacific and Europe. 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. North America and Europe have larger consumption of pharmaceutical and supplements & functional food fish oils; collectively accounting for about two-third of global revenues for these applications. In Japan, the consumption of nutritional and pharmaceutical grade fish oil has significantly increased due to rising health concerns among the country’s geriatric population.

Key findings:

– 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

Companies Mentioned:

– Colpex International

– Copeinca ASA

– Corpesca S.A.

– FF Skagen A/S

– FMC Corporation

– Marvesa Holding N.V.

– Omega Protein Corporation

– Pesquera Diamante S.A.

– Pesquera Exalmar

– TASA

– TripleNine Group A/S

For more information visit http://www.researchandmarkets.com/research/5ht5nd/global_fish_oil

About Research and Markets

Research and Markets is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Source: Business Wire Health