Krill oil is a nutrient rich extract derived from the species, Antarctic krill. Krill oil contains higher concentrations of omega-3 fatty acids on account of which it is considered to be a superior source of omerga-3 as compared to fish oil. The surge in number of cardiovascular related diseases among people in emerging economies has driven the costumers to avoid unhealthy eating habits. Krill oil provides numerous health benefits such as it enhances immune system, reduces obesity, reduces inflammation & joint pains as well as improves the cardiovascular system of the body.
Market Dynamics
The global krill oil market has witness a growth in recent few years, owing to its rising demand in the pharmaceutical industry as it is used as dietary supplement. The increasing awareness for health and diet among consumers has fueled the demand for functional foods and nutrition supplements in the market. As a result of which consumers are inclining towards usage of krill oil as an alternative for fish oil. This scenario is expected to foster the demand for krill oil globally in forthcoming years.
On basis of region, Asia-Pacific region is expected to grow substantially in next few years, owing to the rise in demand for nutritional supplements. Shifting preferences of consumers in developing countries towards usage of healthy foods has led to the rise of demand of krill oil in pharmaceutical industry. Furthermore, the growth of pharmaceutical industry in the region is expected to foster the market growth during the forecast period.
Key features of the study:
- This report provides in-depth analysis of global krill oil market size (US$ Million), and Compound Annual Growth Rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the global krill oil market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study includes Neptune Biotech Pvt. Ltd., Aker BioMarine AS, Enzymotec Ltd, Fuji Chemicals, Krill Canada, Rimfrost, Norwegian Fish Oil, Darduck Frd and Quingdao Kangjing Marine Biotechnology Co. Ltd.
- Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- The global krill oil market report caters to various stakeholders in this industry including investors, suppliers, global krill oil manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global krill oil market
Detailed Segmentation:
- Global Krill Oil Market, By Form:
- Global Krill Oil Market, By Application:
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Global Krill Oil Market, By Region:
- North America
- U.S.
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Canada
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Latin America
- Brazil
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Mexico
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Rest of Latin America
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Europe
- Norway
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Nordic
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- U.K.
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Italy
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Poland
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Russia
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Ukraine
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Rest of Europe
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Asia Pacific
- China
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- India
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Japan
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Rest of Asia Pacific
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Middle East & Africa
- GCC
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Israel
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Africa
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Rest of Middle East & Africa
- By Form
- By Application
- Dietary Supplements
- Functional Food & Beverages
- Pharmaceuticals
- Pet Food and Animal Feeds
- Others (Infant Formula)
- Company Profiles
- Neptune Biotech Pvt. Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Aker BioMarine AS
- Enzymotec Ltd.
- Fuji Chemicals
- Krill Canada
- Rimfrost
- Norwegian Fish Oil
- Darduck Frd
- Quingdao Kangjing Marine Biotechnology Co. Ltd.
“*” marked represents similar segmentation in other categories in the respective section.
Infographics - Krill Oil Market
