+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free
Published Date: 2013-05-21Number of Pages: 62

Global Fish Oil Market for Aquaculture, Direct Human Consumption, Hydrogenation and Industrial Applications - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018

Global Fish Oil Market: Snapshot 

The global fish oil market has been driven primarily by the rising consumption of fish oil in fisheries to boost fish farming. Aquaculture in fish farming accounts for more than 75% of the total demand from the global fish oil market and is likely to retain a dominant share in the coming years. The several health benefits of fish oil have also made it popular for human consumption, which is likely to have a lasting impact on the global fish oil market in the coming years. The global fish oil market’s sustained growth in the last few years have resulted in strong estimations for the market’s future, with the market expected to be valued at US$1.7 bn in 2018. 

Rising Demand for Fish Oil in Human Consumption Vital for Global Fish Oil Market

The prime driver for the global fish oil market is its rising demand for direct consumption in humans. Fish oil is a prime food source of omega-3 fatty acids, whose varied health benefits have been discovered relatively recently. As a result, the demand from the fish oil market has obtained a new sales channel in the form of direct human consumption. The increasing demographic of health-conscious citizens across the world is thus likely to drive the global fish oil market in the coming years. The availability of fish oils is also steadily rising, particularly in developed regions, due to the establishment of commendable storage and preservation technologies. This is also likely to remain a key driver for the global fish oil market in the coming years.

The increasing demand for human consumption of fish has also been a vital driver for the global fish oil market, as fisheries are still likely to retain a dominant share in global fish oil consumption in the coming years. The consumption of fish still dominates consumption of extracted fish oil, mainly due to the better palatability of fish. Due to this, the aquaculture scenario in leading fish producers is likely to have a key impact on the global fish oil market. 

Europe, Led by Denmark, to Retain Dominance in Global Fish Oil Market 

Geographically, the global fish oil market is segmented into North America, Latin America, Europe, Asia Pacific, and Rest of the World. Europe is likely to lead the global fish oil market in the coming years due to the firm establishment of aquaculture and fisheries as an economic activity in countries such as Denmark. Several other countries in Northern Europe also have rich traditions of fish farming and aquaculture, making the region the prime regional market for fish oil. 

The Asia Pacific fish oil market is likely to take on an important role in the global scenario in the coming years, driven by the rising support to aquaculture in China. China is likely to become a dominant producer of fish in the coming years due to the growing aquaculture industry in the region, and could be joined by India and several other countries in Southeast Asia. 

The fish oil market in Latin America could also exhibit a steady rise in the coming years on the back of the rising fish and fish oil consumption in Chile and Peru. Brazil is another key market for fish oil in Latin America due to the steady demand for fish and the emerging demand for biofuel production from fish oil. 

Leading players in the global fish oil market include Omega Protein Corporation, Copeinca-ASA, Croda Inc., EPAX AS, and Colpex. 

Table of Content
 
Chapter 1 Executive Summary
 
Chapter 2 Preface
2.1 Report description
2.2 Research methodology
2.3 List of abbreviations
 
Chapter 3 Fish Oil – Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market drivers
      3.3.1 Increased direct human consumption
3.4 Market restraints
      3.4.1 Increasing fish oil prices
      3.4.2 Static production in contrast to growing demand for fish oil
3.5 Market opportunities
      3.5.1 Development of aquaculture in Asia Pacific
3.6 Porters five forces analysis
      3.6.1 Bargaining power of suppliers
      3.6.2 Bargaining power of buyers
      3.6.3 Threat of new entrants
      3.6.4 Threat of substitutes
      3.6.5 Degree of competition
3.7 Fish oil market attractiveness analysis
 
Chapter 4 Fish Oil – Application Analysis
4.1 Global fish oil market: application overview
      4.1.1 Global fish oil market, volume share, by application, 2011 and 2018
4.2 Fish oil market, by application, 2011 – 2018
      4.2.1 Global consumption of fish oil in aquaculture, 2011 - 2018, (Kilo tons), (USD million)
      4.2.2 Global consumption of fish oil in aquaculture, by product type, 2011 and 2018
              4.2.2.1 Global consumption of fish oil in aquaculture of salmon and trout, 2011 - 2018, (Kilo tons), (USD million)
              4.2.2.2 Global consumption of fish oil in aquaculture of marine fish, 2011 - 2018, (Kilo tons), (USD million)
              4.2.2.3 Global consumption of fish oil in aquaculture of carp, 2011 - 2018, (Kilo tons), (USD million)
              4.2.2.4 Global consumption of fish oil in aquaculture of tilapias, 2011 - 2018, (Kilo tons), (USD million)
              4.2.2.5 Global consumption of fish oil in aquaculture of other fishes, 2011 - 2018, (Kilo tons), (USD million)
      4.2.3 Global consumption of fish oil in Direct Human Consumption (DHC), 2011 – 2018, (Kilo tons) (USD Million)
      4.2.4 Global consumption of fish oil in other applications (hydrogenation and industrial), 2011 – 2018, (Kilo tons) (USD Million)
 
Chapter 5 Fish Oil – Regional Analysis
5.1 Global fish oil market, volume share, by geography, 2011 and 2018
5.2 Fish oil market in North America, volume and revenue, 2011 – 2018 (Kilo tons) (USD million)
5.3 Fish oil market in Latin America, volume and revenue, 2011 – 2018 (Kilo tons) (USD million)
5.4 Fish oil market in Europe, volume and revenue, 2011 – 2018 (Kilo tons) (USD million)
5.5 Fish oil market in Asia Pacific, volume and revenue, 2011 – 2018 (Kilo tons) (USD million)
5.6 Fish oil market in Rest of World, volume and revenue, 2011 – 2018 (Kilo tons) (USD million)
 
Chapter 6 Company Profiles
6.1 Croda Inc.
      6.1.1 Company Overview
      6.1.2 Financial Overview
      6.1.3 SWOT analysis
      6.1.4 Business Strategy
      6.1.5 Recent Developments
6.2 Omega Protein
      6.2.1 Company overview
      6.2.2 Financial Overview
      6.2.3 SWOT analysis
      6.2.4 Business Strategies
      6.2.5 Recent developments
6.3 EPAX AS
      6.3.1 Company overview
      6.3.2 Financial Overview
      6.3.3 SWOT analysis
      6.3.4 Business Strategy
      6.3.5 Recent Developments
6.4 COPEINCA ASA
      6.4.1 Company Overview
      6.4.2 Financial Overview
      6.4.3 SWOT analysis
      6.4.4 Business Strategy
      6.4.5 Recent Developments
6.5 FF Skagen A/S
      6.5.1 Company overview
      6.5.2 SWOT analysis
      6.5.3 Recent Developments
6.6 Corpesca S.A.
      6.6.1 Company overview
      6.6.2 Financial Overview
      6.6.3 SWOT analysis
6.7 Colpex
      6.7.1 Company overview
      6.7.2 SWOT analysis
6.8 Nutrifynn Caps, Inc.
      6.8.1 Company overview
      6.8.2 Business strategies
      6.8.3 SWOT analysis
6.9 American Marine Ingredients
      6.9.1 Company overview
      6.9.2 SWOT analysis
6.10 Marvesa Holding N.V.
      6.10.1 Company overview
      6.10.2 Business strategy
      6.10.3 SWOT analysis
6.11 GC Rieber Oils
      6.11.1 Company overview
      6.11.2 Business strategy
      6.11.3 SWOT analysis
      6.11.4 Recent developments
6.12 Pesquera Diamante S.A.
      6.12.1 Company overview
      6.12.2 Financial Overview
      6.12.3 SWOT analysis
      6.12.4 Recent developments

List of Figures 
 
FIG. 1 Global fish oil market, volume and revenue (Kilo Tons) (USD Million)
FIG. 2 Fish oil: value chain analysis
FIG. 3 Changing pattern of fish oil consumption
FIG. 4 Fish oil prices, 2005 – 2012 (USD/Ton)
FIG. 5 Fish oil production, 2007 – 2018 (Kilo Tons)
FIG. 6 Porters five forces analysis
FIG. 7 Fish oil market attractiveness analysis
FIG. 8 Global consumption of fish oil, market volume share, by application, 2011 and 2018
FIG. 9 Global consumption of fish oil in aquaculture, 2011 - 2018, (Kilo tons), (USD million)
FIG. 10 Global consumption of fish oil in aquaculture of salmon and trout, 2011 - 2018, (Kilo tons), (USD million)
FIG. 11 Global consumption of fish oil in aquaculture of marine fish, 2011 - 2018, (Kilo tons), (USD million)
FIG. 12 Global consumption of fish oil in aquaculture of carp, 2011 - 2018, (Kilo tons), (USD million)
FIG. 13 Global consumption of fish oil in aquaculture of tilapias, 2011 - 2018, (Kilo tons), (USD million
FIG. 14 Global consumption of fish oil in aquaculture of other fishes, 2011 - 2018, (Kilo tons), (USD million)
FIG. 15 Global demand for fish oil in Direct Human Consumption (DHC), 2011 – 2018, (Kilo tons) (USD Million)
FIG. 16 Global consumption of fish oil in other applications (hydrogenation and industrial), 2011 – 2018, (Kilo tons) (USD Million)
FIG. 17 Global fish oil market volume share, by geography, 2011 and 2018
FIG. 18 Fish oil market in North America, volume and revenue, 2011 - 2018 (Kilo tons), (USD million)
FIG. 19 Fish oil market in Latin America, volume and revenue, 2011 – 2018 (Kilo tons) (USD million)
FIG. 20 Fish oil market in Europe, volume and revenue, 2011 – 2018 (Kilo tons) (USD million)
FIG. 21 Fish oil market in Asia Pacific, volume and revenue, 2011 – 2018 (Kilo tons) (USD million)
FIG. 22 Fish oil market in Rest of World, volume and revenue, 2011 – 2018 (Kilo tons) (USD million)

List of Tables
 
TABLE 1 Fish oil market: global snapshot

 
Consuming fish oil supplements or eating more fish can help prevent psychosis or psychotic disorders and aid neural health. The growing awareness regarding the benefits of omega 3 fatty acids and rise in direct human consumption (DHC) are the key factors aiding the development of the global fish oil market. The demand for fish oil and fish oil supplements is exceptionally high around the world. However, countries such as Peru, Denmark, and Chile emerged as the leading producers of fish oil, contributing to over 50% of the global fish oil production.
 
The research report provides a holistic overview of the global fish oil market. It analyzes the elementary components shaping the development of the market and highlights the factors responsible for growth and potential restraints on the market. Using an analytical approach, the report studies the growth trajectory of the market. The study segments the global fish oil market on the basis of chief application areas, varieties of fish oil, and key regional markets. 
 
Regionally, the global fish oil market is segmented into Europe, North America, Latin America, Asia Pacific, and Rest of the World. The chief application segments of the fish oil industry include aquaculture, direct human consumption (DHC), and others (hydrogenation and industrial). Demand is anticipated to be significantly high from the European region due to the large-scale practice of aquaculture, which accounts for nearly 75% of total fish oil demand.
 
Overview of the Global Fish Oil Market
 
The global fish oil market, which stood at US$1.1 billion in 2011, is expected to rise to US$1.7 billion by the end of 2018. If the figures hold true, the market will develop at a positive 5.5% CAGR between 2012 and 2018. In 2011, the global fish oil market sold approximately 1,035 kilo tons of fish oil. The market will register only meager growth during the forecast period, with the sales expected to rise to 1,130 kilo tons by 2018, exhibiting a slow but positive CAGR of 1.22%.
 
Rising awareness regarding the benefits of omega 3 fatty acids, of which fish oil is a primary source, boosts the global market for fish oil. With the increasing dietary consumption of omega 3 fatty acid worldwide, the demand for fish oil is poised to increase exponentially in the next few years. However, the static or reduced production of fish oil globally may impede the market growth to a certain extent. 
 
The most common sources of omega 3 fatty acids include fish, flax, and algae. However, a majority of omega 3 is commercially obtained from fish oils. Omega 3 also helps prevent heart diseases by reducing harmful triglyceride levels in the body. The growing awareness regarding such health benefits offered by omega 3 fatty acids has aided in augmenting the demand for fish oil globally. 
 
Companies mentioned in the research report 
 
COPEINCA ASA, PAX AS, Croda Inc., Omega Protein Coporation, and Colpex are some of the leading producers in the global fish oil market. 
 
Fish Oil Market: Application Analysis
  • Aquaculture
  • Direct Human Consumption
  • Others (Hydrogenation and Industrial)
Fish Oil Market in Aquaculture, by Species:
  • Salmon and Trout
  • Marine Fish
  • Carps
  • Tilapias
  • Others (Eels, mackerels, herrings)
Major geographies analyzed under this research report are: 
  • Europe
  • North America 
  • Asia-Pacific 
  • Rest of the World 
This report gives you access to decisive data such as:
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for the coming years 
Key highlights of this report
  • Overview of key market forces propelling and restraining market growth 
  • Up-to-date analyses of market trends and technological improvements 
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors 
  • An array of graphics and SWOT analysis of major industry segments 
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis 
  • Offers a clear understanding of the competitive landscape and key product segments


 
 
Back To Top