Fish Oil Market Key Companies, Revenue Share Analysis, 2028Posted by Supriya Kokate on October 12th, 2021 The global fish oil market is expected to reach USD 5.42 Billion by 2028, according to a new report by Reports and Data. Fish oil is essentially used as a feed item in several animals and human nutritional uses, which comprise aquaculture feed, animal & pet feed, pharmaceuticals, dietary supplements, and functional food. Fish oil is the key ingredient in the growth of the aquaculture industry across the globe and it is a crucial factor for the growth of the fish oil market. Government regulations that limit the fishing quota create a gap between demand and supply, which mostly affects the market demand for fish oil. An increase in the production of fish oil from by-products and fostering prospects with third party suppliers could otherwise aid in mitigating this threat and in reducing the demand-supply gap. To get a FREE sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/1256 An increase in consumer awareness about the health benefits of omega-3 fatty acids is anticipated to fuel the growth of the global fish oil market in the forecast period. Moreover, an increase in product consumption in protective coatings and lubricants would further drive the fish oil market growth in the forecast period. Additionally, high consumption of EPA/DHA omega-3 fatty acids aids in lowering blood pressure and bad cholesterol and mitigating the risk of coronary heart disease (CHD), such as strokes. These health benefits are likely to drive the growth of the fish oil market globally. The increasing need for hydrogenated vegetable oils and margarine together with changing food patterns among people of the young generation are likely to drive market demand in the upcoming years. Key participants include TripleNine Group, Oceana Group Limited, Pesquera Diamante, The Scoular Company, FMC Corporation, GC Rieber Oils, Croda Inc., Omega Protein Corporation, Marvesa holding N.V., and Corpesca S.A. among others. For the purpose of this report, Reports and Data have segmented global fish oil market on the basis of species, application, distribution channel, and region: Source Insights (Volume, Kilo Tons, Revenue, USD Million; 2018-2028)
Application (Volume, Kilo Tons, Revenue, USD Million; 2018-2028)
Distribution Channel Outlook (Volume, Kilo Tons, Revenue, USD Million; 2018-2028)
Regional Outlook (Volume, Kilo Tons, Revenue, USD Million; 2018-2028)
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