Global Fish Oil Produts Market 2016-2020
About Fish Oil Products
Fish oil is derived from the tissue of oily fish species and contains a high percentage of long-chain omega-3 fatty acids like EPA and DHA, which are essential nutrients for humans and animals.
Fish oil is mostly used as an ingredient in animal and human nutritional applications, which include aquaculture feed, animal nutrition and pet feed, pharmaceuticals, and supplements and functional food.
Technavio’s analysts forecast the global fish oil products market to grow at a CAGR of 1.4% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global fish oil products market for 2016-2020. To calculate the market size, the report considers the consumption of fish oil products by region, as listed below:
Technavio Announces the Publication of its Research Report – Global Fish Oil Products Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Fish Oil Products Market: Arbee Biomarine Extracts, Barlean's, COLPEX, Copeinca, Croda, FF Skagen, FMC, GC Rieber Oils, Marvesa, Nordic Naturals, Nutrifynn Caps, Omega Protein, Pesquera Diamante, and Wiley's Finest.
Other Prominent Vendors in the market are: Abundant Health Labs, BodyVega Nutrition, Captek Softgel International, Daybrook Fisheries, General Nutrition Centers, Marine Ingredients, Nature Made, OTH Health, Pesquera Exalmar, Puritan's Pride, The Infinity Health Group, TASA, and Triple Nine.
Commenting on the report, an analyst from Technavio’s team said: “Buyers nowadays are cognizant of the environmental impact of the products they purchase. They endeavor to settle on product choices that have the least environmental impact. This is applicable in the fish oil products market as purchasers might dismiss products that are not obviously environmentally friendly. Newly launched fish oil products display labels that state that the fish were responsibly sourced. This assumes greater prominence in light of concerns over the mercury contamination of certain fish species.”
According to the report, fish oil contains omega-3 fatty acids that are known to support general health and wellness as well as help prevent and cure numerous health conditions. With growing awareness of these benefits within the medical profession and the general population, governments have introduced recommended daily intakes of these fatty acids. The increased intake of fish oil supplements for their purported health benefits has contributed significantly to the global fish oil products market.
Further, the report states that one of the major challenges is the threat of contamination from mercury and PCBs. The contamination of fish oil end products will affect the safety and quality of the product. Therefore, manufacturers invest heavily in implementing safety standards to ensure products stay uncontaminated throughout the production process.
Arbee Biomarine Extracts, Barlean's, COLPEX, Copeinca, Croda, FF Skagen, FMC, GC Rieber Oils, Marvesa, Nordic Naturals, Nutrifynn Caps, Omega Protein, Pesquera Diamante, Wiley's Finest, Abundant Health Labs, BodyVega Nutrition, Captek Softgel International, Daybrook Fisheries, General Nutrition Centers, Marine Ingredients, Nature Made, OTH Health, Pesquera Exalmar, Puritan's Pride, The Infinity Health Group, TASA, Triple Nine.