Europe Fish Oil Market Overviews
The Europe Fish Oil Market size was valued at USD 560.85 Mn. in 2023 and the total Europe Fish Oil Market revenue is expected to grow at a CAGR of 6.10 % from 2024 to 2030, reaching nearly USD 848.90 Mn.
Fish oil is extracted from the tissues of oily fish and is rich in omega-3 fatty acids, specifically eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA). These fatty acids are precursors to various eicosanoids, which are recognized for their ability to reduce inflammation and improve hypertriglyceridemia.
In the 21st century, the role of fish oil in cardiovascular disease has sparked considerable debate. Recent meta-analyses have produced conflicting conclusions regarding its potential benefits, leading to ongoing discussions within the scientific community about its effectiveness in promoting heart health.
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Europe Fish Oil Market Scope and Methodology:
Fish oil is increasingly being used as a feed ingredient in aquaculture, which is experiencing rapid growth in Europe and significantly driving the market. This rise in popularity is largely attributed to the growing awareness of the health benefits associated with fish oil, particularly its ability to lower blood pressure, triglycerides, and cholesterol levels, thanks to its omega-3 fatty acids. Additionally, the surging demand for omega-3 supplements has further contributed to market growth, as these supplements are linked to various mental and physical health benefits.
Europe Fish Oil Market Regional Insights
Denmark holds the largest share in the European fish Oil Market and is expected to grow with an increasing CAGR during the forecast period. Denmark is one of the leading producers in the European region owing to the increase in the production of fish oil. The production of fish oil is primarily based on catches of small pelagic species like sprat, sand eels, blue whiting, and herring as well as trimmings from the fish processing industry. Denmark accounts for the largest production of Fish oil 40-50% of the total production in Europe.
Europe Fish Oil Market Segmentation
Based on Product: The Salmon Oil segment captured the highest market share and is anticipated to maintain its dominance throughout the forecast period. In Europe, the demand for Salmon Oil is increasing due to the anti-inflammatory properties of omega-3 fatty acids. While inflammation serves as the body’s natural response to stress and infection, elevated levels over time can increase the risk of chronic diseases such as cancer, diabetes, and arthritis.
Europe Fish Oil Market Key Players
DSM Nutritional Products AG (Switzerland)
Croda International Plc (United Kingdom)
GC Rieber Oils AS (Norway)
EPAX AS (Norway)
Marvesa Holding N.V. (Netherlands)
Pelagia AS (Norway)
GC Rieber Vivo AS (Norway)
Mowi ASA (Norway)
Pescador Holdings Limited (United Kingdom)
Copeinca ASA (Norway)
Bioceval (Germany)
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Key questions answered in the Europe Fish Oil Market are:
- What is Europe Fish Oil ?
- What was the Europe Fish Oil market size in 2023?
- What is the growth rate of the Europe Fish Oil Market?
- Which are the factors expected to drive the Europe Fish Oil market growth?
- What are the different segments of the Europe Fish Oil Market?
- What growth strategies are the players considering to increase their presence in Europe Fish Oil ?
- What are the upcoming industry applications and trends for the Europe Fish Oil Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Europe Fish Oil Market?
- Who are the leading companies and what are their portfolios in Europe Fish Oil Market?
- What segments are covered in the Europe Fish Oil Market?
- Who are the key players in the Europe Fish Oil market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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