EUROPE FISH OIL MARKET 2021-2028

Consumer Goods & Services | Food & Beverages

EUROPE FISH OIL MARKET 2021-2028

Market by Spices, Application, and Country | Forecast 2021-2028

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Triton’s research on the Europe fish oil market depicts that it will prosper with a CAGR of 6.11% in terms of revenue and 4.49% in terms of volume during the forecast period from 2021 to 2028.


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The countries that comprise this market include:

•           The United Kingdom

•           Germany

•           Denmark

•           Norway

•           Belgium

•           Rest of Europe countries

The fish oil market in the United Kingdom is driven mainly by the extensive research studies being conducted to find the correlation between the health benefits of fish oil and its consumption. There is a high demand for pharmaceutical-grade fish oil supplements in the country. The oil is also used extensively to develop precision nutrition-based products. Also, aquaculture has also received significant impetus in the nation, due to the sustainable increase in the yield of Atlantic salmon. All these factors are expected to have a positive impact on the studied market in the UK.

Further, Germany is among the world’s leading manufacturers and consumers of fish oil. The country’s fish oil market is driven primarily due to its adoption of the waste products utilization concept. Following the practices of waste product utilization, firms convert fish waste into value-added DHA and EPA omega-3 fatty acid supplements, which are targeted at achieving better health. Furthermore, sustainable fishing practices are being increasingly adopted in the country, in a bid to produce fish oil-based supplements that boast of environmentally-compliant standards and eco-labeling. With the soaring demand for customized omega-3 products, the fish oil industry in Germany is projected to witness promising growth in the coming years.

TripleNine comprises numerous production, sales, and trading companies in Denmark-Norway and Chile. The group operates in several domains, covering more than 40 countries across the globe. The group of companies is engaged in developing, producing, marketing, and selling marine ingredients to be used as an animal feed ingredient for its business segments like Aquaculture, Agriculture, and Pet Food. The headquarters of TripleNine are at Esbjerg, Denmark.

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Table of Content

1. EUROPE FISH OIL MARKET – SUMMARY

2. INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1.   MACKEREL IS ANTICIPATED TO GROW AT THE HIGHEST CAGR

2.2.2.   INCREASING HEALTH AWARENESS IN CONSUMERS

2.2.3.   RISING DEMAND FOR FISH OIL FROM SPORTSPERSONS

2.3. PORTERS FIVE FORCE ANALYSIS

2.3.1.   THREAT OF NEW ENTRANTS

2.3.2.   THREAT OF SUBSTITUTE

2.3.3.   BARGAINING POWER OF SUPPLIERS

2.3.4.   BARGAINING POWER OF BUYERS

2.3.5.   THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. KEY MARKET STRATEGIES

2.6.1.   ACQUISITIONS

2.6.2.   PARTNERSHIP & AGREEMENTS

2.6.3.   BUSINESS EXPANSION

2.7. MARKET DRIVERS

2.7.1.   SUBSTANTIAL DEVELOPMENT IN THE AQUACULTURE INDUSTRY

2.7.2.   GROWING DEMAND FOR FISH OIL BY THE AGED

2.7.3.   NUTRITIONAL BENEFITS OFFERED BY FISH OIL

2.8. MARKET RESTRAINTS

2.8.1.   HARSH WEATHER CONDITIONS

2.8.2.   DEARTH IN QUANTITY OF FISH OIL

2.8.3.   STRICT GOVERNMENT GUIDELINES

2.9. MARKET OPPORTUNITIES

2.9.1.   INCREASING DEMAND FROM SUPPLEMENT INDUSTRY

2.10. IMPACT OF COVID-19 ON FISH OIL INDUSTRY

3. EUROPE FISH OIL MARKET OUTLOOK – BY SPECIES

3.1. ANCHOVY

3.2. MACKEREL

3.3. SARDINES

3.4. COD

3.5. HERRING

3.6. MENHADEN

3.7. OTHER SPECIES

4. EUROPE FISH OIL MARKET OUTLOOK – BY APPLICATION

4.1. AQUACULTURE

4.1.1.   SALMON & TROUT

4.1.2.   MARINE FISH

4.1.3.   CRUSTACEANS

4.1.4.   TILAPIAS

4.1.5.   EELS

4.1.6.   CYPRINIDS

4.1.7.   OTHER AQUACULTURE

4.2. ANIMAL NUTRITION & PET FOOD

4.3. PHARMACEUTICALS

4.4. SUPPLEMENTS & FUNCTIONAL FOOD

4.5. OTHER APPLICATIONS

5. EUROPE FISH OIL MARKET – REGIONAL OUTLOOK

5.1. UNITED KINGDOM

5.2. GERMANY

5.3. DENMARK

5.4. NORWAY

5.5. BELGIUM

5.6. REST OF EUROPE

6. COMPETITIVE LANDSCAPE

6.1. OMEGA PROTEIN CORPORATION

6.2. FMC CORPORATION

6.3. COPEINCA AS

6.4. CORPESCA SA

6.5. COLPEX INTERNATIONAL

6.6. TRIPLENINE GROUP A/S

6.7. FF SKAGEN A/S

6.8. MARVESA HOLDINGS NV

6.9. PESQUERA DIAMANTE SA

6.10. PESQUERA EXALMAR

6.11. ROYAL DSM NV

6.12. CRODA INTERNATIONAL PLC

6.13. BASF SE

6.14. GC REIBER VIVOMEGA OILS

6.15. LYSI HF

7. METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.2. SOURCES OF DATA

7.3. RESEARCH METHODOLOGY

List of table

TABLE 1: MARKET ATTRACTIVENESS INDEX

TABLE 2: VENDOR SCORECARD

TABLE 3: EUROPE FISH OIL MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 4: EUROPE FISH OIL MARKET, BY COUNTRY, 2021-2028 (IN KILOTON)

TABLE 5: EUROPE FISH OIL MARKET, BY SPECIES, 2021-2028 (IN $ MILLION)

TABLE 6: EUROPE FISH OIL MARKET, BY SPECIES, 2021-2028 (IN KILOTON)

TABLE 7: EUROPE FISH OIL MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 8: EUROPE FISH OIL MARKET, BY APPLICATION, 2021-2028 (IN KILOTON)

TABLE 9: EUROPE FISH OIL MARKET, BY AQUACULTURE, 2021-2028 (IN $ MILLION)

TABLE 10: EUROPE FISH OIL MARKET, BY AQUACULTURE, 2021-2028 (IN KILOTON)

List of Figures

FIGURE 1: PORTER’S FIVE FORCES ANALYSIS

FIGURE 2: EUROPE FISH OIL MARKET, BY ANCHOVY, 2021-2028 (IN $ MILLION)

FIGURE 3: EUROPE FISH OIL MARKET, BY MACKEREL, 2021-2028 (IN $ MILLION)

FIGURE 4: EUROPE FISH OIL MARKET, BY SARDINES, 2021-2028 (IN $ MILLION)

FIGURE 5: EUROPE FISH OIL MARKET, BY COD, 2021-2028 (IN $ MILLION)

FIGURE 6: EUROPE FISH OIL MARKET, BY HERRING, 2021-2028 (IN $ MILLION)

FIGURE 7: EUROPE FISH OIL MARKET, BY MENHADEN, 2021-2028 (IN $ MILLION)

FIGURE 8: EUROPE FISH OIL MARKET, BY OTHER SPECIES, 2021-2028 (IN $ MILLION)

FIGURE 9: EUROPE FISH OIL MARKET, BY AQUACULTURE, 2021-2028 (IN $ MILLION)

FIGURE 10: EUROPE FISH OIL MARKET, BY SALMON & TROUT, 2021-2028 (IN $ MILLION)

FIGURE 11: EUROPE FISH OIL MARKET, BY MARINE FISH, 2021-2028 (IN $ MILLION)

FIGURE 12: EUROPE FISH OIL MARKET, BY CRUSTACEANS, 2021-2028 (IN $ MILLION)

FIGURE 13: EUROPE FISH OIL MARKET, BY TILAPIAS, 2021-2028 (IN $ MILLION)

FIGURE 14: EUROPE FISH OIL MARKET, BY EELS, 2021-2028 (IN $ MILLION)

FIGURE 15: EUROPE FISH OIL MARKET, BY CYPRINIDS, 2021-2028 (IN $ MILLION)

FIGURE 16: EUROPE FISH OIL MARKET, BY OTHER AQUACULTURE, 2021-2028 (IN $ MILLION)

FIGURE 17: EUROPE FISH OIL MARKET, BY ANIMAL NUTRITION & PET FOOD, 2021-2028 (IN $ MILLION)

FIGURE 18: EUROPE FISH OIL MARKET, BY PHARMACEUTICALS, 2021-2028 (IN $ MILLION)

FIGURE 19: EUROPE FISH OIL MARKET, BY SUPPLEMENTS & FUNCTIONAL FOOD, 2021-2028 (IN $ MILLION)

FIGURE 20: EUROPE FISH OIL MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)

FIGURE 21: EUROPE FISH OIL MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 22: UNITED KINGDOM FISH OIL MARKET 2021-2028 (IN $ MILLION)

FIGURE 23: GERMANY FISH OIL MARKET 2021-2028 (IN $ MILLION)

FIGURE 24: DENMARK FISH OIL MARKET 2021-2028 (IN $ MILLION)

FIGURE 25: NORWAY FISH OIL MARKET 2021-2028 (IN $ MILLION)

FIGURE 26: BELGIUM FISH OIL MARKET 2021-2028 (IN $ MILLION)

FIGURE 27: REST OF EUROPE FISH OIL MARKET 2021-2028 (IN $ MILLION)

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