The Squid Oil Global Market Report 2023, provides comprehensive information on the squid oil market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/squid-oil-global-market-report
As per The Business Research Company’s Squid Oil Global Market Report 2023, the market size is expected to grow from $4.19 billion in 2022 to $4.56 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global squid oil market size is expected to reach $6.12 billion in 2027 at a CAGR of 7.6%.
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Product innovations are a key trend gaining popularity in the squid oil market. Major players operating in the squid oil market are concentrating their efforts on creating innovative products and solutions to sustain their position in the market. For instance, in January 2022, Jinka, a US-based seafood producer, launched the world’s first fully prepared plant-based calamari, a type of squid. A perishable frozen product called Jinka’s tempura-battered ring imitates the flavor and texture of regular calamari or squid while also offering protein and omega-3 fatty acids.
The squid oil market is segmented:
1) By Culture: Freshwater, Marine, Brackish Water
2) By Distribution channel: Online retailers, Health food stores, Specialty Supplement Stores
3) By Applications: Fertilizers, Aquaculture, Pharmaceutical
Asia-Pacific was the largest region in the squid oil market in 2022.
The table of contents in TBRC’s squid oil market report includes:
1. Executive Summary
- Squid Oil Market Characteristics
- Squid Oil Market Trends And Strategies
- Squid Oil Market – Macro Economic Scenario
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28. Key Mergers And Acquisitions In The Squid Oil Market - Squid Oil Market Future Outlook and Potential Analysis
- Appendix
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