Krill Oil Market, By Form (Liquid ,Tablets (Soft-gel, Capsules)), By Application (Dietary Supplements, Functional Food & Beverages, Pharmaceuticals, Pet Food and Animal Feeds, Others (Infant Formula)), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
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 (2022 - 2028), considering 2021 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:
Liquid
Tablets
Soft-gel
Capsules
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
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
Canada
By Form
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
Latin America
Brazil
By Form
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
Mexico
By Form
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
Rest of Latin America
By Form
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
Europe
Norway
By Form
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
Nordic
By Form
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
U.K.
By Form
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
Italy
By Form
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
Poland
By Form
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
Russia
By Form
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
Ukraine
By Form
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
Rest of Europe
By Form
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
Asia Pacific
China
By Form
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
India
By Form
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
Japan
By Form
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
Rest of Asia Pacific
By Form
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
Middle East & Africa
GCC
By Form
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
Israel
By Form
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
Africa
By Form
Liquid
Tablets
Soft-gel
Capsules
By Application
Dietary Supplements
Functional Food & Beverages
Pharmaceuticals
Pet Food and Animal Feeds
Others (Infant Formula)
Rest of Middle East & Africa
By Form
Liquid
Tablets
Soft-gel
Capsules
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.
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