Transparency Market
Research
Global Fish Oil Market - Industry Analysis, Size, Share, Growth,
Trends and Forecast 2012 – 2018
Published Date
21-05-2013
62 Page Report
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Press Release
Global Fish Oil Market: Wide-scale Development of Aquaculture Reveals
Mammoth Opportunity for Growth
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Fish Oil Market
REPORT DESCRIPTION
Fish oils are a key marine product derived from oily fishes, and are used as fish feed in aquacultures as well
for direct human consumption. The high omega-3 content of fish oils is responsible for the growing direct
human consumption of fish oils. Even though omega-3 fatty acids, which are an essential nutrient required
for healthy development of humans, can be found in algae and flax as well, commercial production of
omega-3 is dominated by fish farming. As a result of the increasing human consumption, the need for fish
oils in aquaculture has grown in recent years.
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According to Transparency Market Research, the global fish oils market was valued at US$1.1 bn in 2011.
Exhibiting a 5.05% CAGR from 2012 to 2018, the market is expected to rise to a valuation of US$1.7 bn.
What is the prime driver for the global fish oil market?
The growing public awareness about the health benefits of omega-3 fatty acids is the crucial driver for the
global fish oil market. The claimed health benefits of omega-3 fatty acids are also being backed by an
increasing number of studies, and new studies are also being initiated to explore their possible medicinal
uses.
A study released in August 2016 and carried out by medical researchers at the Brigham and Women’s
Hospital in Boston showed that high...