Outlook on the Krill Oil Global Market to 2025 - by Product Type, Application & Region
22 Sep 2020
Dublin, Sept. 22, 2020 (GLOBE NEWSWIRE) -- The "Krill Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global krill oil market exhibited strong growth during 2014-2019. Krill, also known as Euphausia superb, refers to tiny, shrimp-like crustaceans that are mostly found in the oceans. The oil extracted from krill is primarily available in the form of liquid, capsules, and soft gels. Being an excellent source of omega-3, krill oil helps in lowering blood pressure levels, maintaining good heart health, reducing cholesterol, and increasing metabolism. It also contains a high amount of astaxanthin which improves immunity and reduces muscle inflammation. As a result, krill oil is widely used in dietary supplements, functional food and beverages, pharmaceuticals, animal feed, etc.
The rising geriatric population coupled with the high prevalence of gastrointestinal disorders is augmenting the demand for krill oil. Additionally, increasing consumer awareness towards health and wellness is also driving the need for dietary supplements. The high consumption of gelatin capsules for ensuring oil-soluble nutrient delivery with minimal gastrointestinal irritation is further proliferating the market. Furthermore, the market is also driven by the growing utilization of krill oil in infant formula due to the presence of eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) which enhance infant brain development. Besides this, the prevalent trend of pet humanization and growing concerns towards pet health are also propelling the usage of krill oil in pet food and supplements.
Moreover, the rising adoption of krill oil in the pharmaceutical industry based on the high content of omega-3 polyunsaturated fatty acids is also driving the global market. Furthermore, several advancements in the oil extraction technology along with growing cultivation of krill fish across different geographic locations will continue to bolster the market growth. Looking forward, the publisher expects the global krill oil market to continue its strong growth during the next five years.
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Aker Biomarine Antarctic AS, Coastside Bio Resources, Ergomax B.V., Krill Canada Sales Corporation, Neptune Wellness Solutions Inc., Norwegian Fish Oil AS, NutriGold Inc., NWC Naturals Inc., Nutracode LLC, Qingdao Kangjing Marine Biotechnology Co. Ltd., Rimfrost AS and Schiff Nutrition International Inc. (Reckitt Benckiser Group Plc).
Key Questions Answered in This Report:
How has the global krill oil market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global krill oil market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global krill oil industry and who are the key players?
What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Krill Oil Market
5.1 Market Overview
5.2 Global Krill Production
5.3 Market Performance
5.4 Impact of COVID-19
5.5 Market Forecast
6 Market Breakup by Product Type
6.1 Liquid
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Softgels
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Capsules
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Dietary Supplements
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Animal Feed
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Functional Foods and Beverages
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Pharmaceuticals
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 Australia
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 New Zealand
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Thailand
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 United Kingdom
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 Italy
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Norway
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Poland
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Ukraine
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.3.8 Others
8.3.8.1 Market Trends
8.3.8.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 GCC Countries
8.5.1.1 Market Trends
8.5.1.2 Market Forecast
8.5.2 Israel
8.5.2.1 Market Trends
8.5.2.2 Market Forecast
8.5.3 South Africa
8.5.3.1 Market Trends
8.5.3.2 Market Forecast
8.5.4 Others
8.5.4.1 Market Trends
8.5.4.2 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
10.1 Overview
10.2 Raw Material Procurement
10.3 Manufacturing
10.4 Packaging
10.5 Marketing and Distribution
10.6 Retailers & Exporters
10.7 End Users
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Aker BioMarine Antartic AS
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Coastside Bio Resources
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Ergomax B.V.
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Krill Canada Sales Corporation
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 Neptune Wellness Solutions Inc.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Norwegian Fish Oil AS
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 NutriGold Inc.
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 NWC Naturals Inc.
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 Nutracode LLC
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 Qingdao Kangjing Marine Biotechnology Co. Ltd.
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.11 Rimfrost AS
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.12 Schiff Nutrition International Inc. (Reckitt Benckiser Group Plc)
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
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