Global Cod Fish Oil Market to Reach $1.1 Billion by 2031: Allied Market Research

Allied Market Research

Allied Market Research

A surge in the trend of supplement consumption, increased awareness of food products among people, a surge in inclination towards physical fitness, and the clean health benefits of col fish oil to treat chronic diseases, cancer, and cardiovascular diseases to drive the growth of global cod. fish oil market. Disruption in the supply chain and lack of availability of workers during the pandemic had a negative impact on the growth of the global cod fish oil market.

Portland, OR, Nov. 11. 2022 (GLOBE NEWSWIRE) — According to a report published by Allied Market Research, global cod fish oil market generated $432.4 million in 2021, and is expected to reach $1.1 billion by 2031, growing at a CAGR of 10% from 2022 to 2031. The report offers detailed analysis of top winning strategies, emerging market trends, market size and estimates, value. chains, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in identifying the necessary strategies for the future and taking important steps to significantly strengthen and improve their position in the market.

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Coverage & report details:







Report Coverage





details





Forecast Period



2022–2031





Elementary Years



2021





Market Size in 2021



$432.4 million





Market Size in 2031



$1.1 billion





CAGR



10%





Number of Pages in the Report



211





Section Covered



Forms, sources, applications, and regions.





dRIVER



Improve the standard of living



Surge in the trend of supplement consumption





opportunity



increased awareness about food products among the public



Pure health benefits of col fish oil for treating chronic diseases, cancer, and cardiovascular diseases





deter



Reduce consumption among vegetarians



Limited to special customers

COVID-19 scenario:

  • The COVID-19 pandemic has had a negative impact on the growth of the global cod fish oil market, due to ongoing lockdowns that have caused large-scale disruptions in the supply chain during the pandemic.

  • Lockdowns lead to labor shortages during the pandemic, which adversely affects market growth.

  • In addition, several import and export restrictions have been imposed by the governments of several countries around the world, which has led to the lack of adequate raw materials during the pandemic.

  • The ban was imposed by the government in order to reduce the spread of the virus during a pandemic. However, the market is expected to recoup with increased consumer awareness and ease restrictions.

The report offers detailed segmentation of the global cod fish oil market by form, source, application, and region. The report provides a comprehensive analysis of each segment and its respective sub-segments with the help of graphical and tabular representation. This analysis can fundamentally help market players, investors, and new entrants in determining and strategizing based on the fastest growing segments and highest revenue generation mentioned in the report.

Based on form, the liquid segment holds the dominant market share in 2021, holding more than two-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The capsule segment, on the other hand, is expected to post the fastest CAGR of 10.1% during the forecast period.

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According to sources, the Atlantic cod segment holds the largest market share in 2021, holding nearly two-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The Greenland cod segment, on the other hand, is expected to post the fastest CAGR of 10.5% during the forecast period.

Based on application, the dietary supplements segment holds the dominant market share in 2021, holding nearly two-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The nutraceuticals segment, on the other hand, is expected to post the fastest CAGR of 10.3% during the forecast period.

On the basis of region, the market in the Asia-Pacific region holds the dominant market share in 2021, holding nearly three-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The North American region, on the other hand, is expected to decline Fastest CAGR of 12.1% during the forecast period.

Key players analyzed in the global cod fish oil market report include BARLEAN’S ORGANIC OILS, LLC, and BLUELINE FOODS INDIA PVT. LTD, CARLSON LABS, LYSI HF, NESTLE SA, NORDIC NATURALS INC, NOW HEALTH GROUP, INC, OLVEA GROUP, THE PROCTER & GAMBLE COMPANY, and WN PHARMACEUTICALS.

The report analyzes these key players in the global cod fish oil market. These market players have used effective strategies such as joint ventures, collaborations, expansions, new product launches, partnerships, and others to maximize their foothold and capabilities in the industry. The report helps in analyzing new developments, product portfolios, business performance and operating segments by prominent players in the market.

Access Statistical Data and Graphs, Strategies of Key Players: http://bit.ly/3fY4U1q

About Us

Allied Market Research (AMR) is the full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global companies as well as medium and small businesses with unmatched quality of “Market Research Report“And” Business Intelligence Solutions.” AMR has a targeted view of providing business insights and consulting to help its clients make strategic business decisions and achieve sustainable growth in their respective market domains.

We are in a professional company relationship with several companies and this helps us to dig into the market data which helps us to generate accurate research data tables and ensure the utmost accuracy in our market forecasts. Allied Market Research CEO Pawan Kumar is very important to inspire and encourage everyone associated with the company to maintain high data quality and help clients in every way to achieve success. Each and every data is presented in a report published by us extracted through primary interviews with top officials from leading companies of the concerned domain. Our secondary data procurement methodology includes in-depth online and offline research and discussions with industry professionals and analysts.

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