Rising Demand for Fish Oil in Human Consumption Vital for Global Fish Oil Market
The prime driver for the global fish oil market is its rising demand for direct consumption in humans. Fish oil is a prime food source of omega-3 fatty acids, whose varied health benefits have been discovered relatively recently. As a result, the demand from the fish oil market has obtained a new sales channel in the form of direct human consumption. The increasing demographic of health- ... Read more
Rising Demand for Fish Oil in Human Consumption Vital for Global Fish Oil Market
The prime driver for the global fish oil market is its rising demand for direct consumption in humans. Fish oil is a prime food source of omega-3 fatty acids, whose varied health benefits have been discovered relatively recently. As a result, the demand from the fish oil market has obtained a new sales channel in the form of direct human consumption. The increasing demographic of health- ... Read more
According to the report by TMR, the market for fish oil in Global offered an opportunity worth in US$1.1 bn in 2011. Expanding at a CAGR of 5.50% between 2012 and 2028, the market is projected to reach US$1.7 bn by the end of the forecast period. The demand for fish oil is significantly high in aquaculture. In 2011, this segment acquired more than 75% of the overall market and is anticipated to remain on the top over the forthcoming years. The direct human consumption segment occupied the ... Read more
The global fish oil market has been driven primarily by the rising consumption of fish oil in fisheries to boost fish farming. Aquaculture in fish farming accounts for more than 75% of the total demand from the global fish oil market and is likely to retain a dominant share in the coming years. The several health benefits of fish oil have also made it popular for human consumption, which is likely to have a lasting impact on the global fish oil market in the coming years. The global fish oil ... Read more
The market intelligence study on the Global Fish Oil Market has been designed by analyzing the market essentials and conducting extensive research into different aspects of the industry. The study also evaluates the pivotal players operating in the market and depicts the global landscape of the market in a detailed manner.
The Fish Oil Market fragmentation and emergence of significant changes observed in the food and beverage industry are attributed to urbanization, shifting consumer ... Read more
The global fish oil market is expected to reach USD 5.42 Billion by 2026, 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 ... Read more
