LAMEA Cod Liver Oil Market Size, Share & Trends Analysis Report By Source (Atlantic, Arctic, and Others), By Application, By Form (Soft Gels, Capsules & Tablets, and Liquid), By Country and Growth Forecast, 2024 - 2031

LAMEA Cod Liver Oil Market Size, Share & Trends Analysis Report By Source (Atlantic, Arctic, and Others), By Application, By Form (Soft Gels, Capsules & Tablets, and Liquid), By Country and Growth Forecast, 2024 - 2031


The Latin America, Middle East and Africa Cod Liver Oil Market would witness market growth of 11.0% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Cod Liver Oil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,633.1 Thousands by 2031. The Argentina market is capturing a CAGR of 11.6% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 10.5% during (2024 - 2031).

Product formulation and delivery systems innovation drive growth and differentiation in the cod liver oil market. Manufacturers are exploring novel technologies and techniques to enhance cod liver oil supplements’ bioavailability, stability, and palatability. From emulsified liquid formulations that improve absorption to enteric-coated capsules that minimize fishy aftertaste and gastrointestinal discomfort, these innovations address common consumer concerns and improve the overall user experience.

Innovation drives the cod liver oil market, shaping product development, differentiation, and market expansion. For instance, one area of innovation lies in extraction and purification technologies to enhance the quality, purity, and potency of cod liver oil products. Manufacturers are employing advanced methods, such as molecular distillation and cold-press extraction, to extract cod liver oil from fresh fish livers while preserving its nutritional integrity and minimizing the risk of contamination with heavy metals, pollutants, and oxidation byproducts. These ultra-purified formulations offer consumers peace of mind regarding product safety and efficacy.

Pharmaceutical companies in Argentina may conduct clinical trials to validate the efficacy and safety of cod liver oil for various health indications. Good clinical results may result in regulatory approvals and support from medical authorities, further validating the use of cod liver oil as a medicinal agent and increasing its potential market share. According to the National Library of Medicine, in 2021, the pharmaceutical industry in Argentina exported USD 884 million and reported USD 10,472 million in sales to the domestic market. Thus, the increasing pharmaceutical industry and growing elderly population in the region propel the market’s growth.

Based on Source, the market is segmented into Atlantic, Arctic, and Others. Based on Application, the market is segmented into Dietary Supplements, Pharmaceuticals, Nutraceuticals, and Personal Care & Cosmetics. Based on Form, the market is segmented into Soft Gels, Capsules & Tablets, and Liquid. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled
  • Lysi hf
  • Nestle S.A.
  • Vital Nutrients Holdings, Inc. (North Castle Partners, LLC)
  • Power Health Products Limited
  • Ito En, Ltd. (MASON VITAMINS INC.)
  • Carlson Laboratories, Inc.
  • WN Pharmaceuticals Ltd.
  • NOW Health Group, Inc.
  • Nordic Naturals, Inc.
LAMEA Cod Liver Oil Market Report Segmentation

By Source
  • Atlantic
  • Arctic
  • Others
By Application
  • Dietary Supplements
  • Pharmaceuticals
  • Nutraceuticals
  • Personal Care & Cosmetics
By Form
  • Soft Gels
  • Capsules & Tablets
  • Liquid
By Country
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Cod Liver Oil Market, by Source
1.4.2 LAMEA Cod Liver Oil Market, by Application
1.4.3 LAMEA Cod Liver Oil Market, by Form
1.4.4 LAMEA Cod Liver Oil Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. LAMEA Cod Liver Oil Market by Source
4.1 LAMEA Atlantic Market by Country
4.2 LAMEA Arctic Market by Country
4.3 LAMEA Others Market by Country
Chapter 5. LAMEA Cod Liver Oil Market by Application
5.1 LAMEA Dietary Supplements Market by Country
5.2 LAMEA Pharmaceuticals Market by Country
5.3 LAMEA Nutraceuticals Market by Country
5.4 LAMEA Personal Care & Cosmetics Market by Country
Chapter 6. LAMEA Cod Liver Oil Market by Form
6.1 LAMEA Soft Gels Market by Country
6.2 LAMEA Capsules & Tablets Market by Country
6.3 LAMEA Liquid Market by Country
Chapter 7. LAMEA Cod Liver Oil Market by Country
7.1 Brazil Cod Liver Oil Market
7.1.1 Brazil Cod Liver Oil Market by Source
7.1.2 Brazil Cod Liver Oil Market by Application
7.1.3 Brazil Cod Liver Oil Market by Form
7.2 Argentina Cod Liver Oil Market
7.2.1 Argentina Cod Liver Oil Market by Source
7.2.2 Argentina Cod Liver Oil Market by Application
7.2.3 Argentina Cod Liver Oil Market by Form
7.3 UAE Cod Liver Oil Market
7.3.1 UAE Cod Liver Oil Market by Source
7.3.2 UAE Cod Liver Oil Market by Application
7.3.3 UAE Cod Liver Oil Market by Form
7.4 Saudi Arabia Cod Liver Oil Market
7.4.1 Saudi Arabia Cod Liver Oil Market by Source
7.4.2 Saudi Arabia Cod Liver Oil Market by Application
7.4.3 Saudi Arabia Cod Liver Oil Market by Form
7.5 South Africa Cod Liver Oil Market
7.5.1 South Africa Cod Liver Oil Market by Source
7.5.2 South Africa Cod Liver Oil Market by Application
7.5.3 South Africa Cod Liver Oil Market by Form
7.6 Nigeria Cod Liver Oil Market
7.6.1 Nigeria Cod Liver Oil Market by Source
7.6.2 Nigeria Cod Liver Oil Market by Application
7.6.3 Nigeria Cod Liver Oil Market by Form
7.7 Rest of LAMEA Cod Liver Oil Market
7.7.1 Rest of LAMEA Cod Liver Oil Market by Source
7.7.2 Rest of LAMEA Cod Liver Oil Market by Application
7.7.3 Rest of LAMEA Cod Liver Oil Market by Form
Chapter 8. Company Profiles
8.1 Lýsi hf
8.1.1 Company Overview
8.2 Vital Nutrients Holdings, Inc. (North Castle Partners, LLC)
8.2.1 Company Overview
8.3 Power Health Products Limited
8.3.1 Company Overview
8.4 Ito En, Ltd. (Mason Vitamins Inc.)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Carlson Laboratories, Inc.
8.5.1 Company Overview
8.6 WN Pharmaceuticals Ltd.
8.6.1 Company Overview
8.7 Nestle S.A.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 SWOT Analysis
8.8 NOW Health Group, Inc.
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Nordic Naturals, Inc.
8.9.1 Company Overview
8.9.2 SWOT Analysis

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