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Global Krill Oil Market 2017-2021

About Krill Oil

Krill oil is an extract which is produced from Antarctic krill. Krill is mainly consumed by baleen whales, mantas, and whale sharks. It used for making krill oil and is also used as aquafeed for marine aquaculture. Krill oil is prepared from a species of krill called Euphausia superba. Krill oil helps in the prevention of various health issues such as heart disease, high levels of certain blood fats, high cholesterol, high blood pressure, stroke, cancer, osteoarthritis, depression, premenstrual syndrome (PMS), and painful menstrual cramps.

Technavio’s analysts forecast the global krill oil market to grow at a CAGR of 12.65% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global krill oil market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Krill Oil Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Aker BioMarine
  • Enzymotec
  • Omega Protein
  • Reckitt Benckiser
  • RIMFROST
Other prominent vendors
  • Allinon Pharma
  • Health Natura
  • NHS Labs
  • NORWAY OMEGA
  • Nutrifynn Caps
  • NutriStart
  • Savant Distribution
  • Viva Naturals
Market driver
  • Health benefits of krill oil
  • For a full, detailed list, view our report
Market challenge
  • High cost of krill oil
  • For a full, detailed list, view our report
Market trend
  • Sustainable krill harvesting
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Krill Oil Market 2017-2021

Technavio recognizes the following companies as the key players in the global krill oil market: Aker BioMarine, Enzymotec, Omega Protein, Reckitt Benckiser, and RIMFROST.

Other Prominent Vendors in the market are: Allinon Pharma, Health Natura, NHS Labs, NORWAY OMEGA, Nutrifynn Caps, NutriStart, Savant Distribution, and Viva Naturals.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Sustainable krill harvesting. One of the trends that can influence the growth of the market is sustainable krill harvesting, which is gaining popularity globally. Consumers are now demanding krill oil products, which are produced from sustainable krill harvesting. Increasing concern about the environment and declining krill population are some of the factors which drive the growth of sustainable krill harvesting.”

According to the report, one of the major drivers for this market is Health benefits of krill oil. The health benefits associated with the consumption of krill oil is one of the major growth drivers of the global krill oil market. Increasing awareness among consumers about the health benefits of krill oil will increase the demand for krill oil during the forecast period. Krill oil is rich in omega-3 fatty acids, which help in lowering low-density lipoprotein (LDL) cholesterol levels, reducing triglyceride levels, and increasing high-density lipoprotein (HDL) cholesterol levels. Krill oil also helps in preventing blood clots, which can cause strokes and heart attacks.

Further, the report states that one of the major factors hindering the growth of this market is High cost of krill oil. One of the challenges to the growth of the global krill oil market is the high price of krill oil as compared with fish oil. Krill oil is mostly used as a replacement for fish oils, as it contains more omega-3 fatty acids and phospholipids. The cost of krill oil is high as compared to fish oil, and this prevents consumers from purchasing krill oil. It is estimated that the average price of krill oil is about two times more than normal fish oil.

Companies Mentioned

Aker BioMarine, Enzymotec, Omega Protein, Reckitt Benckiser, RIMFROST, Allinon Pharma, Health Natura, NHS Labs, NORWAY OMEGA, Nutrifynn Caps, NutriStart, Savant Distribution, and Viva Naturals.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Krill oil composition (1000 mg krill)
      • Table Krill oil preparation flow chart
      • Table Top krill production countries
  • Market landscape
    • Market overview
      • Table Global krill oil market 2016: An overview
    • Global omega-3 market
      • Table Global omega-3 market 2016-2021 ($ billions)
    • Global krill oil market
      • Table Global krill oil market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product form
    • Table Global krill oil market by product 2016 and 2021: An overview (% share of revenue)
    • Global krill oil tablet market
      • Table Global krill oil tablet market 2016-2021 ($ millions)
      • Table Segmentation of the global krill oil tablet market by product 2016 (% share ofrevenue)
    • Global liquid krill oil market
      • Table Global liquid krill oil market 2016-2021 ($ millions)
  • Market segmentation by distribution channel
    • Table Global krill oil market by distribution channel 2016 (% share of revenue)
  • Geographical segmentation
    • Table Global krill oil market by geography 2016 and 2021: An overview
    • Krill oil market in EMEA
      • Table Krill oil market in EMEA 2016-2021 ($ millions)
    • Krill oil market in the Americas
      • Table Krill oil market in the Americas 2016-2021 ($ millions)
    • Krill oil market in APAC
      • Table Krill oil market in APAC 2016-2021 ($ millions)
  • Key leading countries
    • Table Key leading countries market share
    • The US
      • Table Krill oil market in the US 2016-2021 ($ millions)
    • China
      • Table Krill oil market in China 2016-2021 ($ millions)
      • Table Middle class population in China 2015 and 2030
    • Germany
      • Table Krill oil market in Germany 2016-2021 ($ millions)
      • Table Aging population forecast in Germany 2020-2060
    • The UK
      • Table Krill oil market in the UK 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Price comparison of fish oil and krill oil
  • Market trends
    • Sustainable krill harvesting
    • Increased marketing campaigns
    • Krill oil alternatives
  • Vendor landscape
    • Competitive scenario
      • Table Key competitors
    • Aker BioMarine
      • Table Aker BioMarine: Annual revenue comparison 2015 and 2016 ($ millions)
      • Table Aker BioMarine: EBITDA comparison 2015 and 2016 ($ millions)
      • Table Aker BioMarine in global krill oil market
    • Enzymotec
      • Table Enzymotec: Net revenue comparison 2015 and 2016 ($ millions)
      • Table Enzymotec: Gross profit comparison 2015 and 2016 ($ millions)
      • Table Enzymotec: Business segmentation 2016 (% share of revenue)
      • Table Enzymotec in global krill oil market
      • Table Enzymotec: Research and development expenditure 2015 and 2016 ($ millions)
    • Omega Protein
      • Table Omega Protein: Revenue comparison 2015 and 2016 ($ millions)
      • Table Omega Protein: Gross profit comparison 2015 and 2016 ($ millions)
      • Table Omega Protein in global krill oil market
    • Reckitt Benckiser Group
      • Table Reckitt Benckiser: Net revenue comparison 2015 and 2016 ($ billions)
      • Table Reckitt Benckiser: Business segmentation by net revenue 2016
      • Table Reckitt Benckiser: Geographic segmentation 2016 (% share of revenue)
      • Table Reckitt Benckiser in global krill oil market
    • RIMFROST
      • Table RIMFROST in global krill oil market
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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