Europe Krill Oil Market Size, Share & Trends Analysis Report By Product Type (Liquid, Softgels and Capsules), By Application, By Country and Growth Forecast, 2024 - 2031

Europe Krill Oil Market Size, Share & Trends Analysis Report By Product Type (Liquid, Softgels and Capsules), By Application, By Country and Growth Forecast, 2024 - 2031

The Europe Krill Oil Market would witness market growth of 10.5% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Krill Oil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $123 million by 2031. The UK market is exhibiting a CAGR of 9.5% during (2024 - 2031). Additionally, The France market would experience a CAGR of 11.4% during (2024 - 2031).

The oil has strong anti-inflammatory properties, making it effective in reducing joint pain and stiffness associated with conditions like arthritis. Omega-3 fatty acids in oil may help protect joint cartilage and slow the progression of osteoarthritis. Krill may help reduce the signs of aging, including wrinkles, fine lines, and age spots, by promoting skin hydration and elasticity. The oil may help reduce the signs of aging, including wrinkles.

Omega-3 fatty acids in oil may help reduce the risk of age-related macular degeneration (AMD), a leading cause of vision loss in older adults. Krill supplements may help relieve symptoms of dry eye syndrome by reducing inflammation and improving tear production. Omega-3 fatty acids are essential for fetal brain and eye development during pregnancy. Omega-3 fatty acids may help reduce the risk of preterm birth and improve birth outcomes.

Krill supplements are available in traditional retail channels such as pharmacies, health food stores, and supermarkets across the UK. According to data from the United Kingdom Government, the country is well-known for its traditional and contemporary food and drink options. The food and drink industry in the United Kingdom is the largest manufacturing sector in the nation, with a turnover of £104.4 billion. There is a growing demand in the UK for functional foods and supplements that offer specific health benefits beyond basic nutrition. The supplements are increasingly popular among consumers in the UK who are looking to support heart health, brain function, joint health, and overall vitality. Thus, all these factors will uplift the regional market’s expansion in the coming years.

Based on Product Type, the market is segmented into Liquid, Softgels and Capsules. Based on Application, the market is segmented into Dietary Supplements, Animal Food & Pet Food, Functional Food & Beverages, Pharmaceuticals and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• Fuji Chemical Industries Co., Ltd.
• Aker BioMarine AS
• Nutrigold Inc.
• NWC Naturals, Inc.
• Coastside Bio Resources
• Nutracode LLC
• Schiff Nutrition International, Inc. (Reckitt Benckiser Group plc)
• Quingdao Kangjing Marine Biotechnology Co. Ltd.
• Rimfrost AS
• Norwegian Fish Oil AS

Europe Krill Oil Market Report Segmentation

By Product Type

• Liquid
• Softgels
• Capsules

By Application

• Dietary Supplements
• Animal Food & Pet Food
• Functional Food & Beverages
• Pharmaceuticals
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe