Title: Krill Oil Market
1Krill Oil Market To Reach USD 843.3 Million By
2026
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2Market Summary
Increasing consumer demands for a healthy oil to
reduce cholesterol and rising demand for Omega 3
Fatty Acids are key factors contributing to high
CAGR during the forecast period. Market Size
USD 352.9 million in 2018, Market Growth - CAGR
of 11.3, Market Trends Increasing usage of
Krill Oil in healthcare According to the current
analysis of Reports and Data, the global Krill
oil market was valued at USD 352.9 million in
2018 and is expected to reach USD 843.3 million
by the year 2026, at a CAGR of 11.3. The
increasing awareness among consumers of the
health benefits of omega-3 fatty acids is a
crucial factor for the growth of the krill oil
market. Among the regions, China occupied around
1/3rd of the infant formula market in 2016-17,
with imported infant formula valued at about USD
2.5 billion annually. The demand for infant milk
formula is also expected to grow at a rate of
10. There is a rising demand for special/premium
infant formula products. EPA and DHA are
essential for infant brain development and
immunity strength. DHA has well-established legal
strains for incorporation into infant formula
products in different regulations and WHO
recommendations. Thus, infant formula holds the
major market share for omega-3 consumer products
in China.
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3Market Summary
Krill Oil is derived from small organisms named
krill that are small red-colored crustaceans,
similar to shrimp, that flourish in extremely
cold waters and are mostly found near the
Antarctic Ocean. Their survival in such an
indifferent environment is attributable to the
organism having a high content of long-chain
polyunsaturated fatty acids (LCPFAs), including
docosahexaenoic acid (DHA) and eicosapentaenoic
acid (EPA) attached to their cell membranes via
phospholipids (primarily phosphatidylcholine).
This structure provides optimum membrane fluidity
in cold temperatures and an ideal source of
omega-3 fatty acids. There has been a recent
growth in the consumption of krill oil among the
consumers in developed regions such as Europe and
North America due to the rising awareness of the
importance of omega-3 fatty acids,
docosahexaenoic acid (DHA), and eicosapentaenoic
acid (EPA) in daily nutritional requirements,
which KO provides. The European region accounts
for the largest market share of the global krill
oil market. Moreover, the German KO market is
projected to witness positive growth owing to
increasing awareness about fatty acid
deficiencies in the region. Avail the inside
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4Market Summary
- Further key findings from the report suggest
- Krill oil is an attractive dietary supplement
that might help in the maintenance of skin health
and treatment of skin disorders by both its
omega-3 and phospholipid components. By
increasing the amount of omega-3 fatty acids in
the body, krill oil has the ability not only to
influence skin hydration and elasticity, but also
the amount and size of wrinkles. - Phospholipids (PL) help in mixed micelle
formation and enhance lipid absorption. In
humans, dietary PLs are hydrolyzed to lyso-PC and
free fatty acid (FFA), which are absorbed after
binding to albumin or through the enterocytes, a
process that increases the delivery of PUFAs to
tissues. Furthermore, studies in animals suggest
that up to 20 of it may also be absorbed intact,
without being first cleaved by phospholipase A2. - Krill is an increasingly crucial source of n-3
PUFAs as Krill oil has high DHA and
EPA-containing phospholipids, which might be
better bioavailable with some uncertainty. KO has
a considerable amount of astaxanthin, an
important natural antioxidative component.
Moreover, intake of food rich in antioxidants is
beneficial to reduce the risk of cardiovascular,
high blood pressure, and cancer. KO in animal
feeding with a high-fat diet has been
demonstrated to improve its dyslipidemia, body
weight, and glucose metabolism. - Click here to avail the report at discount rate
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5Market Summary
- Key participants include Qingdao Kangjing Marine
Technology, Enzymotec Ltd., RB LLC, NWC Naturals
LLC, Neptune Technologies Bioresources,
Nutrigold Inc., Daeduck FRD Inc., Olympic Seafood
AS, Azantis Inc., and Norweigan Fish Oil, among
others. - For the purpose of this report, Reports and Data
has segmented the Krill oil market on the basis
of product, distribution channel, application,
and region - Product (Revenue, USD Million 20162026, Volume,
Tons 2016-2026) - Liquids
- Tablets
- Distribution Channel (Revenue, USD Million
20162026, Volume, Tons 2016-2026) - Supermarkets/Hypermarkets
- Departmental Store
- Pharmacy Store
- Online Store
- Others
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coverage, visit https//www.reportsanddata.com/ch
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6Market Summary
- Application (Revenue, USD Million 20162026,
Volume, Tons 2016-2026) - Dietary Supplements
- Animal Food Pet Food
- Functional Food Beverages
- Pharmaceuticals
- Others
- Regional Outlook (Revenue, USD Million
20162026, Volume, Tons 2016-2026) - North America
- Europe
- Asia Pacific
- Middle East Africa
- Latin America
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