Global Fish Oil Market Is Expected to Reach Usd 1.7 Billion Globally in 2018: Transparency Market Research

Transparency Market

Global Fish Oil Market - Industry Analysis, Size, Share, Growth,
Trends and Forecast 2012 – 2018

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62 Page Report

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Global Fish Oil Market to Rise at 5.05% CAGR from 2012 to 2018, Rising
Intake of Omega-3 Fatty Acids Propels Growth

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Fish Oil Market


According to a new market report published by Transparency Market Research "Fish Oil Market for
Aquaculture, Direct Human Consumption, Hydrogenation and Industrial Applications - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018," the global market for fish oil was valued
at USD 1.1 billion in 2011 and is expected to reach USD 1.7 billion in 2018, growing at a CAGR of 5.05%
from 2012 to 2018. In terms of volume, the demand for fish oil was 1,035 kilo tons in 2011 and is expected
to reach 1,130 kilo tons in 2018, growing at a CAGR of 1.22% from 2012 to 2018.
The demand for fish oil is expected to increase owing to the increased demand for omega 3 ingredients.
Fish oil is the primary source of omega 3 and with the growing awareness of omega 3 and its benefits;
consumers are increasing their intake of omega 3 as part of regular diet. However, the reduced or static
production levels of fish oil acts as a major inhibitor for the growth of the market. This situation is expected
to escalate due to the uneven frequency of El Nino, which further reduces the overall fishing volumes.
Aquaculture was the largest application segment in 2011, accounting for over 70% of the consumption of
oil. Majority of fish oil is consumed in the farming of salmons and trout, which are primarily grown in Chile
and Peru. However, direct human consumption (DHC) of fish oil has been increasing...