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Krill Oil Market

Market Insights on Krill Oil covering sales outlook, demand forecast & up-to-date key trends

Krill Oil Market By Form (Liquid, Capsules, Soft gels), End-Use (Dietary Supplements, Functional Food & Beverages, Pharmaceuticals, Pet Food and Animal Feeds) & Region - Forecast to 2021 - 2028

Krill Oil Market Snapshot

[250 pages Report] The global krill oil market is estimated to be valued at US$ 740.3 Mn in 2021. According to newly released report by Future Market Insights (FMI), the overall market value is expected to reach US$ 2.25 Bn by 2031, rising at a CAGR of 10.7% during 2021-2028.

The krill oil market will represent 35.4% of the global fish oil market. Focus on innovations and expanding regional footprint is considerably high among the market players. This will create impressive prospects for sales of krill oil products in the coming years.

Attribute

Details

Krill Oil Market Size in 2020

US$ 676.1 Million

Krill Oil Market Estimated Value in 2031

US$ 2.25 Bn

Volume Based CAGR (2021-2028)

10.2%

Krill Oil Market Outlook 2021-2028 in Comparison to Growth Registered in 2016-2020

According to Future Market Insights (FMI), the krill oil market will exhibit a CAGR of 10.7% in 2021 -2028, up from 8.2% registered between 2016 and 2020.

The demand for krill oil will be fueled by consumer awareness about its various health benefits. Furthermore, the market will gain from the increasing disposable incomes of consumers and consequently their interest in spending on dietary supplements derived from krill oil. Furthermore, the increasing use of krill oil in the pharmaceutical and food & beverage industry is projected to bolster the market.

The global krill oil market is likely to be dominated by North America. East Asia and South Asia are predicted exhibit high growth through the forecast period. The market can be divided into three form type liquid, capsules, and soft gels. Krill oil soft gels, in particular, is in high demand due to their growing use in dietary supplements and pet food.

Increasing awareness about the health benefits of krill oil supplements owing to digitalization and enhanced global reach of international brands through e-commerce platforms is expected to augment the demand for krill oil products.

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Will Krill Oil Application as Essential Nutrient Continue Driving Growth?

For a variety of reasons, consumers are increasingly turning to components and products that promote general health and wellness. Likewise, phospholipid omega-3s are becoming a bigger part of that conversation.

Phospholipid omega-3s are vital for human health at every stage of life, as they are considered crucial for boosting physiological activities. Omega-3 fatty acids, phospholipids, choline, and krill oil astaxanthin are some of the nutrients found in krill oil.

The phospholipid-bound omega-3s and choline found in krill oil are good for the joint, brain and liver health, as well as skin hydration and muscle activation in sports performance.

Krill Oil Market Country-wise Analysis

What are the Factors Driving the U.S Krill Oil Market?

According to FMI, the U.S is the largest krill oil market in North America, with an estimated share of 91.2% in 2021, while the demand in Canada is predicted to rise at a significant CAGR of 8.4% during the forecast period.

In North America, krill oil is widely used as a dietary supplement. The shift toward healthy living is driving demand for krill oil products in this country. Krill oil has been found to have positive effects related to heart health.

It reduced fasting triglyceride levels, which are a risk factor for heart disease, and Omega-3s have a function in modifying the hydration and elasticity of the skin.

How will Australia Krill Oil Market Fare?

According to FMI, the Australia krill oil market will register high growth through the course of the forecast period.

The COVID-19 outbreak has accelerated the growth of brands with a strong sense of purpose, emphasizing the importance of society, and the environment in the recovery process. To enhance natural resource efficiencies and risk management across their value chains, companies are reinventing products, processes, and entire systems.

For instance, The Aker BioMarine krill fishery has been named the world's most sustainable reduction fishery, with the Sustainable Fisheries Partnership giving it an "A" rating. As customers are more inclined towards sustainably sourced products.

Is the Focus on Mental Health and Personal Wellbeing Chief Factor Driving China Krill Oil Market?

In 2021, the China krill oil Market grew by 15.2% year on year, despite early doubts about how the market would react following the outbreak of global pandemic. The total demand/sales of krill oil products in East Asia reached US$ 129.5 million.

Aker BioMarine suggests that krill oil matched the anti-depressive substance Imipramine for preventing resignation/depression during the experiments. These researches conducted will increase the scope for use of krill oil in pharmaceutical industry.

A study carried out by Ramprasath et al.2013 showed that krill oil significantly enhanced the levels of omega 3 fatty acids in the blood and hence the Omega-3 Index when equivalent doses of EPA and DHA were administered as krill oil or fish oil to 24 healthy volunteers in a 4-week crossover trial.

When compared to fish oil supplementation, this change was twice as high after krill oil intake. This study suggests krill oil is twice effective then fish oil. Positive results from researches conducted will fuel the demand for krill oil in China.

What is the Brazil Krill Oil Market Outlook?

According to FMI, the Brazil krill oil market is accounted for a 44.7% of the Latin America market in 2021.

Even the most health-conscious consumers find it challenging to obtain all nutrients they require solely from food. While improving one's diet is a great approach, changing one's eating habits is incredibly tough.

A multivitamin with minerals, which can be purchased for less cost, is an inexpensive and effective way to fill a number of known nutrient gaps, based on the assumption that it is better for people to obtain recommended amounts of vitamins and minerals.

Nandini Roy Choudhury
Principal Consultant
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Krill Oil Market Category-wise Insights

Why is Demand for Krill Oil Soft Gels Rising?

Based on form, the soft gels krill oil segment is expected to account for more than 48.4% of the market in 2021.

Soft gels have gained attention because they are easy to consume, have no flavor, deliver unit doses, and are tamper-proof. A wide range of colors, shapes, and sizes also are available.

Who is Leading End User of Krill Oil?

Based on end use, krill oil dietary supplement is expected to account for more than 55.3% of the market in 2021.

Over the last two decades, the field of health communication has changed dramatically. It has progressed from a one-dimensional reliance on public service announcements to a more sophisticated strategy known as "social marketing," which draws on successful commercial marketing tactics.

For Instance, WHO and FAO have published guidelines for implementing food fortification and micronutrients, which has detailed information about how to run the programs and campaigns for creating awareness amongst individuals.

These regulations are expected have considerable impact on the use of krill oil in dietary supplement segment.

Competition Landscape: Top Krill Oil Companies

The use of krill oil is rising among dietary supplement manufacturers as it enhances the overall health and improves levels of DHA and EPA. In order to gain competitive edge, manufacturers are focusing on exploring novel application of krill oil.

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Scope of Report

Attribute

Details

Market Size Value in 2020

US$ 676.1 Million

Market Forecast Value in 2031

US$ 2258.3 Million

Global Growth Rate

10.2%

Forecast Period

2021-2031

Historical Data Available for

2016-2020

Market Analysis

MT for Volume and US$ Mn for Value

Key Regions Covered

North America, Latin America, Europe, South Asia, East Asia, Oceania and MEA

Key Countries Covered

United States, Canada, Brazil, Mexico, Germany, Italy, France, U.K., Spain, BENELUX, Nordic, Russia, Poland, China, Japan, South Korea,  India, Thailand, Indonesia, Malaysia, Singapore, Australia and New Zealand, GCC countries, South Africa, others.

Key Market Segments Covered

Form, End-Use, and Regions

Key Companies Profiled

  • Neptune Biotech
  • Aker BioMarine AS
  • Alpha B&H Co.
  • Fuji Chemicals
  • Krill Canada
  • Rimfrost AS
  • Norwegian Fish Oil AS
  • Quingdao Kangjing Marine Biotechnology Co. Ltd.
  • Xi'an Prius biological engineering Co. Ltd.
  • Nutrifynn Caps Inc.
  • Others

Pricing

Available upon Request

Market Segments Covered in Krill Oil Industry Analysis

By Form:

  • Liquid
  • Capsules
  • Soft Gels

By End-Use:

  • Dietary Supplements
  • Functional Foods & Beverages
  • Pharmaceuticals
  • Pet Food & Animal Feed
  • Others (Infant Formula)

Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

Frequently Asked Questions

Currently krill oil market is worth more than US$ 676.7 Mn.

Krill oil consumption is expected to grow at a CAGR of around 10.7% during the period 2021-2031.

In terms of revenue, krill oil market grew at a CAGR of around 9.4% during 2016-2020

The latest trends in krill oil market, boosting sales include increasing consumer inclination toward healthy living, digitization, and increasing focus on mental health and personal well-being

The U.S, Australia, China, and Brazil are the leading countries driving demand for krill oil.

The US krill oil market is projected to grow at a CAGR of around 9.7% over the next ten years

Table of Content

1. Market Overview

    1.1. Market Coverage / Taxonomy

    1.2. Market Definition / Scope / Limitations

2. The Massive Impact of the Crisis

    2.1. Global Krill Oil Market Forecast Scenario Comparison of Annual Growth Rates for short Term (2021-2025) and Long Term (2026-2031)

        2.1.1. Optimistic Scenario

        2.1.2. Likely Scenario

        2.1.3. Pessimistic Scenario

    2.2. Key Factors Impacting the Market

Note: Market Assessment shall be Provided for Likely Scenario

3. Market Dynamics

    3.1. Drivers

        3.1.1. Supply Side Drivers

        3.1.2. Demand Side drivers

        3.1.3. Economic Side Drivers

    3.2. Restraints

    3.3. Opportunity

    3.4. Market trends By Region

    3.5. Product Launches

    3.6. Product Claims & Nutritional Information Scan by Buyers

    3.7. Macro-Economic Factors

    3.8. Forecast Factors - Relevance & Impact

    3.9. Consumers Survey Analysis

4. Key Regulations

    4.1. Packaging & Labelling Regulations

    4.2. Certifications and Certifying Agency Overview

    4.3. Import/Export Policies

5. Value Chain Analysis

    5.1. Operating margins at each node of supply chain

    5.2. List of Active Market Participants

        5.2.1. Raw Material Suppliers

        5.2.2. Product Manufacturers

        5.2.3. Key Brands

6. Global Krill Oil Market Demand Analysis 2016-2020 and Forecast, 2021-2031

    6.1. Historical Market Volume (Metric Tons) Analysis, 2016-2020

    6.2. Current and Future Market Volume (Metric Tons) Projections, 2021-2031

    6.3. Y-o-Y Growth Trend Analysis

7. Global Krill Oil Market - Pricing Analysis

    7.1. Regional Pricing Analysis (US$/Metric Tons) By Form

    7.2. Pricing Break-up By category

    7.3. Global Average Pricing Analysis Benchmark

8. Global Krill Oil Market Demand (Size in US$ Mn) Analysis 2016-2020 and Forecast, 2021-2031

    8.1. Historical Market Value (US$ Mn) Analysis, 2016-2020

    8.2. Current and Future Market Value (US$ Mn) Projections, 2021-2031

        8.2.1. Y-o-Y Growth Trend Analysis

        8.2.2. Absolute $ Opportunity Analysis

9. Global Krill Oil Market Analysis 2016-2020 and Forecast 2021-2031, By Form 

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Mn) and Volume Analysis By Form, 2016 - 2020

    9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Form, 2021-2031

        9.3.1. Liquid

        9.3.2. Capsules

        9.3.3. Soft Gels

    9.4. Market Attractiveness Analysis By Form

10. Global Krill Oil Market Analysis 2016-2020 and Forecast 2021-2031, By  End-Use 

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Mn) and Volume Analysis By End-Use, 2016 - 2020

    10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By End Use, 2021-2031

        10.3.1. Dietary Supplements

        10.3.2. Functional Food & Beverage

        10.3.3. Pharmaceuticals

        10.3.4. Pet Food and Animal Feeds

        10.3.5. Others

    10.4. Market Attractiveness Analysis By End-Use

11. Global Krill Oil Market Analysis 2016-2020 and Forecast 2021-2031, By Region

    11.1. Introduction

    11.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2016 - 2020

    11.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2021-2031

        11.3.1. North America

        11.3.2. Latin America

        11.3.3. Europe

        11.3.4. East Asia

        11.3.5. South Asia

        11.3.6. Oceania

        11.3.7. Middle East and Africa (MEA)

    11.4. Market Attractiveness Analysis By Region

12. North America Krill Oil Market Analysis 2016-2020 and Forecast 2021-2031

    12.1. Introduction

    12.2. Pricing Analysis

    12.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020

    12.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031

        12.4.1.  By Country

            12.4.1.1. U.S.

            12.4.1.2. Canada

        12.4.2. By Form

        12.4.3. By End-Use

    12.5. Market Attractiveness Analysis

        12.5.1. By Form

        12.5.2. By End-Use

    12.6. Market Trends

    12.7. Key Market Participants - Intensity Mapping

    12.8. Drivers and Restraints - Impact Analysis

13. Latin America Krill Oil Market Analysis2016-2020 and Forecast 2021-2031

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020

    13.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031

        13.4.1.  By Country

            13.4.1.1. Brazil

            13.4.1.2. Mexico

            13.4.1.3. Chile

            13.4.1.4. Argentina

            13.4.1.5. Peru

            13.4.1.6. Rest of Latin America

        13.4.2. By Form

        13.4.3. By End-Use

    13.5. Market Attractiveness Analysis

        13.5.1. By Form

        13.5.2. By End-Use

    13.6. Market Attractiveness Analysis

    13.7. Market Trends

    13.8. Key Market Participants - Intensity Mapping

    13.9. Drivers and Restraints - Impact Analysis

14. Europe Krill Oil Market Analysis 2016-2020 and Forecast 2021-2031

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020

    14.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031

        14.4.1.  By Country

            14.4.1.1. Germany

            14.4.1.2. Italy

            14.4.1.3. France

            14.4.1.4. U.K.

            14.4.1.5. Spain

            14.4.1.6. BENELUX

            14.4.1.7. Nordic

            14.4.1.8. Russia

            14.4.1.9. Poland

            14.4.1.10. Rest of Europe

        14.4.2. By Form

        14.4.3. By End-Use

    14.5. Market Attractiveness Analysis

        14.5.1. By Form

        14.5.2. By End-Use

    14.6. Market Attractiveness Analysis

    14.7. Market Trends

    14.8. Key Market Participants - Intensity Mapping

    14.9. Drivers and Restraints - Impact Analysis

15. East Asia Krill Oil Market Analysis 2016-2020 and Forecast 2021-2031

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020

    15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031

        15.4.1.  By Country

            15.4.1.1. China

            15.4.1.2. Japan

            15.4.1.3. South Korea

        15.4.2. By Form

        15.4.3. By End-Use

    15.5. Market Attractiveness Analysis

        15.5.1. By Form

        15.5.2. By End-Use

    15.6. Market Attractiveness Analysis

    15.7. Market Trends

    15.8. Key Market Participants - Intensity Mapping

    15.9. Drivers and Restraints - Impact Analysis

16. South Asia Krill Oil Market Analysis 2016-2020 and Forecast 2021-2031

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020

    16.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031

        16.4.1.  By Country

            16.4.1.1. India

            16.4.1.2. Thailand

            16.4.1.3. Indonesia

            16.4.1.4. Malaysia

            16.4.1.5. Singapore

            16.4.1.6. Rest of South Asia

        16.4.2. By Form

        16.4.3. By End-Use

    16.5. Market Attractiveness Analysis

        16.5.1. By Form

        16.5.2. By End-Use

    16.6. Market Attractiveness Analysis

    16.7. Market Trends

    16.8. Key Market Participants - Intensity Mapping

    16.9. Drivers and Restraints - Impact Analysis

17. Oceania Krill Oil Market Analysis 2016-2020 and Forecast 2021-2031

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020

    17.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031

        17.4.1.  By Country

            17.4.1.1. Australia

            17.4.1.2. New Zealand

        17.4.2. By Form

        17.4.3. By End-Use

    17.5. Market Attractiveness Analysis

        17.5.1. By Form

        17.5.2. By End-Use

    17.6. Market Attractiveness Analysis

    17.7. Market Trends

    17.8. Key Market Participants - Intensity Mapping

    17.9. Drivers and Restraints - Impact Analysis

18. Middle East and Africa Krill Oil Market Analysis 2016-2020 and Forecast 2021-2031

    18.1. Introduction

    18.2. Pricing Analysis

    18.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020

    18.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 - 2031

            18.4.1.1.  By Country

            18.4.1.2. GCC Countries

            18.4.1.3. North Africa

            18.4.1.4. South Africa

            18.4.1.5. Rest of Middle East and Africa

        18.4.2. By Form

        18.4.3. By End-Use

    18.5. Market Attractiveness Analysis

        18.5.1. By Form

        18.5.2. By End-Use

    18.6. Market Attractiveness Analysis

    18.7. Market Trends

    18.8. Key Market Participants - Intensity Mapping

    18.9. Drivers and Restraints - Impact Analysis

19. Key Countries Krill Oil Market Analysis 2016–2020 and Forecast 2021–2031

    19.1. U.S.

        19.1.1. Introduction

        19.1.2. Pricing Analysis (2016, 2021, 2031)

        19.1.3. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.1.3.1. By Form

            19.1.3.2. By End-Use

    19.2. Canada

        19.2.1. Pricing Analysis (2016, 2021, 2031)

        19.2.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.2.2.1. By Form

            19.2.2.2. By End-Use

    19.3. Brazil

        19.3.1. Pricing Analysis (2016, 2021, 2031)

        19.3.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.3.2.1. By Form

            19.3.2.2. By End-Use

    19.4. Mexico

        19.4.1. Pricing Analysis (2016, 2021, 2031)

        19.4.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.4.2.1. By Form

            19.4.2.2. By End-Use

    19.5. Argentina

        19.5.1. Pricing Analysis (2016, 2021, 2031)

        19.5.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.5.2.1. By Form

            19.5.2.2. By End-Use

    19.6. Peru

        19.6.1. Pricing Analysis (2016, 2021, 2031)

        19.6.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.6.2.1. By Form

            19.6.2.2. By End-Use

    19.7. Chile

        19.7.1. Pricing Analysis (2016, 2021, 2031)

        19.7.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.7.2.1. By Form

            19.7.2.2. By End-Use

    19.8. Germany

        19.8.1. Pricing Analysis (2016, 2021, 2031)

        19.8.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.8.2.1. By Form

            19.8.2.2. By End-Use

    19.9. Italy

        19.9.1. Pricing Analysis (2016, 2021, 2031)

        19.9.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.9.2.1. By Form

            19.9.2.2. By End-Use

    19.10. France

        19.10.1. Pricing Analysis (2016, 2021, 2031)

        19.10.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.10.2.1. By Form

            19.10.2.2. By End-Use

    19.11. U.K.

        19.11.1. Pricing Analysis (2016, 2021, 2031)

        19.11.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.11.2.1. By Form

            19.11.2.2. By End-Use

    19.12. Spain

        19.12.1. Pricing Analysis (2016, 2021, 2031)

        19.12.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.12.2.1. By Form

            19.12.2.2. By End-Use

    19.13. Benelux

        19.13.1. Pricing Analysis (2016, 2021, 2031)

        19.13.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.13.2.1. By Form

            19.13.2.2. By End-Use

    19.14. Russia

        19.14.1. Pricing Analysis (2016, 2021, 2031)

        19.14.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.14.2.1. By Form

            19.14.2.2. By End-Use

    19.15. India

        19.15.1. Pricing Analysis (2016, 2021, 2031)

        19.15.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.15.2.1. By Form

            19.15.2.2. By End-Use

    19.16. Thailand

        19.16.1. Pricing Analysis (2016, 2021, 2031)

        19.16.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.16.2.1. By Form

            19.16.2.2. By End-Use

    19.17. Indonesia

        19.17.1. Pricing Analysis (2016, 2021, 2031)

        19.17.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.17.2.1. By Form

            19.17.2.2. By End-Use

    19.18. Malaysia

        19.18.1. Pricing Analysis (2016, 2021, 2031)

        19.18.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.18.2.1. By Form

            19.18.2.2. By End-Use

    19.19. China

        19.19.1. Pricing Analysis (2016, 2021, 2031)

        19.19.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.19.2.1. By Form

            19.19.2.2. By End-Use

    19.20. Japan

        19.20.1. Pricing Analysis (2016, 2021, 2031)

        19.20.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.20.2.1. By Form

            19.20.2.2. By End-Use

    19.21. South Korea

        19.21.1. Pricing Analysis (2016, 2021, 2031)

        19.21.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.21.2.1. By Form

            19.21.2.2. By End-Use

    19.22. Australia

        19.22.1. Pricing Analysis (2016, 2021, 2031)

        19.22.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.22.2.1. By Form

            19.22.2.2. By End-Use

    19.23. New Zealand

        19.23.1. Pricing Analysis (2016, 2021, 2031)

        19.23.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.23.2.1. By Form

            19.23.2.2. By End-Use

    19.24. GCC Countries

        19.24.1. Pricing Analysis (2016, 2021, 2031)

        19.24.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.24.2.1. By Form

            19.24.2.2. By End-Use

    19.25. Central Africa

        19.25.1. Pricing Analysis (2016, 2021, 2031)

        19.25.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.25.2.1. By Form

            19.25.2.2. By End-Use

    19.26. Northern Africa

        19.26.1. Pricing Analysis (2016, 2021, 2031)

        19.26.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.26.2.1. By Form

            19.26.2.2. By End-Use

    19.27. South Africa

        19.27.1. Pricing Analysis (2016, 2021, 2031)

        19.27.2. Market Value and Volume Analysis 2016–2020 and Forecast 2021–2031

            19.27.2.1. By Form

            19.27.2.2. By End-Use

20. Market Structure Analysis

    20.1. Market Analysis by Tier of Companies 

    20.2. Company Share Analysis of Top Players

    20.3. Market Presence Analysis

21. Competition Analysis

    21.1. Competition Dashboard

    21.2. Competition Deep Dive (Tentative List)

        21.2.1. Neptune Biotech

            21.2.1.1. Overview

            21.2.1.2. Product Portfolio

            21.2.1.3. Profitability by Market Segments (Product/Channel/Region)

            21.2.1.4. Sales Footprint

            21.2.1.5. Strategy Overview

                21.2.1.5.1. Marketing Strategy

                21.2.1.5.2. Product Strategy

        21.2.2. Aker BioMarine AS

            21.2.2.1. Overview

            21.2.2.2. Product Portfolio

            21.2.2.3. Profitability by Market Segments (Product/Channel/Region)

            21.2.2.4. Sales Footprint

            21.2.2.5. Strategy Overview

                21.2.2.5.1. Marketing Strategy

                21.2.2.5.2. Product Strategy

        21.2.3. Alpha B&H Co.

            21.2.3.1. Overview

            21.2.3.2. Product Portfolio

            21.2.3.3. Profitability by Market Segments (Product/Channel/Region)

            21.2.3.4. Sales Footprint

            21.2.3.5. Strategy Overview

                21.2.3.5.1. Marketing Strategy

                21.2.3.5.2. Product Strategy

        21.2.4. Fuji Chemicals

            21.2.4.1. Overview

            21.2.4.2. Product Portfolio

            21.2.4.3. Profitability by Market Segments (Product/Channel/Region)

            21.2.4.4. Sales Footprint

            21.2.4.5. Strategy Overview

                21.2.4.5.1. Marketing Strategy

                21.2.4.5.2. Product Strategy

        21.2.5. Krill Canada

            21.2.5.1. Overview

            21.2.5.2. Product Portfolio

            21.2.5.3. Profitability by Market Segments (Product/Channel/Region)

            21.2.5.4. Sales Footprint

            21.2.5.5. Strategy Overview

                21.2.5.5.1. Marketing Strategy

                21.2.5.5.2. Product Strategy

        21.2.6. Rimfrost AS

            21.2.6.1. Overview

            21.2.6.2. Product Portfolio

            21.2.6.3. Profitability by Market Segments (Product/Channel/Region)

            21.2.6.4. Sales Footprint

            21.2.6.5. Strategy Overview

                21.2.6.5.1. Marketing Strategy

                21.2.6.5.2. Product Strategy

        21.2.7. Norwegian Fish Oil AS

            21.2.7.1. Overview

            21.2.7.2. Product Portfolio

            21.2.7.3. Profitability by Market Segments (Product/Channel/Region)

            21.2.7.4. Sales Footprint

            21.2.7.5. Strategy Overview

                21.2.7.5.1. Marketing Strategy

                21.2.7.5.2. Product Strategy

        21.2.8. Quingdao Kangjing Marine Biotechnology Co. Ltd.

            21.2.8.1. Overview

            21.2.8.2. Product Portfolio

            21.2.8.3. Profitability by Market Segments (Product/Channel/Region)

            21.2.8.4. Sales Footprint

            21.2.8.5. Strategy Overview

                21.2.8.5.1. Marketing Strategy

                21.2.8.5.2. Product Strategy

        21.2.9. Xi'an Prius biological engineering Co. Ltd.

            21.2.9.1. Overview

            21.2.9.2. Product Portfolio

            21.2.9.3. Profitability by Market Segments (Product/Channel/Region)

            21.2.9.4. Sales Footprint

            21.2.9.5. Strategy Overview

                21.2.9.5.1. Marketing Strategy

                21.2.9.5.2. Product Strategy

        21.2.10. Nutrifynn Caps Inc.

            21.2.10.1. Overview

            21.2.10.2. Product Portfolio

            21.2.10.3. Profitability by Market Segments (Product/Channel/Region)

            21.2.10.4. Sales Footprint

            21.2.10.5. Strategy Overview

                21.2.10.5.1. Marketing Strategy

                21.2.10.5.2. Product Strategy

        21.2.11. Other Players (On Additional Requests) 

            21.2.11.1. Overview

            21.2.11.2. Product Portfolio

            21.2.11.3. Profitability by Market Segments (Product/Channel/Region)

            21.2.11.4. Sales Footprint

            21.2.11.5. Strategy Overview

                21.2.11.5.1. Marketing Strategy

                21.2.11.5.2. Product Strategy

22. Assumptions and Acronyms Used

23. Research Methodolog

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List of Tables

Table 1:Global Krill Oil Market Historical Value (US$ Mn) Analysis by Form , 2016-2021

Table 2:Global Krill Oil Market Historical Volume (MT) Analysis by Form , 2016-2021

Table 3:Global Krill Oil Market Forecast Value (US$ Mn) Analysis by Form  , 2021-2031

Table 4:Global Krill Oil Market Forecast Volume (MT) Analysis by Form, 2021-2031

Table 5:Global Krill Oil Market Historical Value (US$ Mn) Analysis by End - Use, 2016-2021

Table 6:Global Krill Oil Market Historical Volume (MT) Analysis by End - Use  , 2016-2021

Table 7:Global Krill Oil Market Forecast Value (US$ Mn) Analysis by End - Use, 2021-2031

Table 8:Global Krill Oil Market Forecast Volume (MT) Analysis by End - Use, 2021-2031

Table 9:Global Krill Oil Market Historical Value (US$ Mn) Analysis by  Region, 2016-2021

Table 10:Global Krill Oil Market Historical Volume (MT) Analysis by  Region , 2016-2021

Table 11:Global Krill Oil Market Forecast Value (US$ Mn) Analysis by  Region, 2021-2031

Table 12:Global Krill Oil Market Forecast Volume (MT) Analysis by  Region , 2021-2031

Table 13:North America Krill Oil Market Historical Value (US$ Mn) Analysis by Form , 2016-2021

Table 14:North America Krill Oil Market Historical Volume (MT) Analysis by Form, 2016-2021

Table 15:North America Krill Oil Market Forecast Value (US$ Mn) Analysis by Form, 2021-2031

Table 16:North America Krill Oil Market Forecast Volume (MT) Analysis by Form, 2021-2031

Table 17:North America Krill Oil Market Historical Value (US$ Mn) Analysis by End - Use , 2016-2021

Table 18:North America Krill Oil Market Historical Volume (MT) Analysis by End - Use   , 2016-2021

Table 19:North America Krill Oil Market Forecast Value (US$ Mn) Analysis by End - Use, 2021-2031

Table 20:North America Krill Oil Market Forecast Volume (MT) Analysis by End - Use, 2021-2031

Table 21:North America Krill Oil Market Historical Value (US$ Mn) Analysis by  Country , 2016-2021

Table 22:North America Krill Oil Market Historical Volume (MT) Analysis by  Country , 2016-2021

Table 23:North America Krill Oil Market Forecast Value (US$ Mn) Analysis by  Country, 2021-2031

Table 24:North America Krill Oil Market Forecast Volume (MT) Analysis by  Country, 2021-2031

Table 25:Latin America Krill Oil Market Historical Value (US$ Mn) Analysis by Form   , 2016-2021

Table 26:Latin America Krill Oil Market Historical Volume (MT) Analysis by Form   , 2016-2021

Table 27:Latin America Krill Oil Market Forecast Value (US$ Mn) Analysis by Form   , 2021-2031

Table 28:Latin America Krill Oil Market Forecast Volume (MT) Analysis by Form  , 2021-2031

Table 29:Latin America Krill Oil Market Historical Value (US$ Mn) Analysis by End - Use   , 2016-2021

Table 30:Latin America Krill Oil Market Historical Volume (MT) Analysis by End - Use   , 2016-2021

Table 31:Latin America Krill Oil Market Forecast Value (US$ Mn) Analysis by End - Use, 2021-2031

Table 32:Latin America Krill Oil Market Forecast Volume (MT) Analysis by End - Use, 2021-2031

Table 33:Latin America Krill Oil Market Historical Value (US$ Mn) Analysis by  Country  , 2016-2021

Table 34:Latin America Krill Oil Market Historical Volume (MT) Analysis by  Country , 2016-2021

Table 35:Latin America Krill Oil Market Forecast Value (US$ Mn) Analysis by  Country , 2021-2031

Table 36:Latin America Krill Oil Market Forecast Volume (MT) Analysis by  Country, 2021-2031

Table 37:Europe Krill Oil Market Historical Value (US$ Mn) Analysis by Form   , 2016-2021

Table 38:Europe Krill Oil Market Historical Volume (MT) Analysis by Form   , 2016-2021

Table 39:Europe Krill Oil Market Forecast Value (US$ Mn) Analysis by Form   , 2021-2031

Table 40:Europe Krill Oil Market Forecast Volume (MT) Analysis by Form  , 2021-2031

Table 41:Europe Krill Oil Market Historical Value (US$ Mn) Analysis by End - Use   , 2016-2021

Table 42:Europe Krill Oil Market Historical Volume (MT) Analysis by End - Use   , 2016-2021

Table 43:Europe Krill Oil Market Forecast Value (US$ Mn) Analysis by End - Use   , 2021-2031

Table 44:Europe Krill Oil Market Forecast Volume (MT) Analysis by End - Use  , 2021-2031

Table 45:Europe Krill Oil Market Historical Value (US$ Mn) Analysis by  Country    , 2016-2021

Table 46:Europe Krill Oil Market Historical Volume (MT) Analysis by  Country    , 2016-2021

Table 47:Europe Krill Oil Market Forecast Value (US$ Mn) Analysis by  Country    , 2021-2031

Table 48:Europe Krill Oil Market Forecast Volume (MT) Analysis by  Country   , 2021-2031

Table 49:Asia Pacific Krill Oil Market Historical Value (US$ Mn) Analysis by Form   , 2016-2021

Table 50:Asia Pacific Krill Oil Market Historical Volume (MT) Analysis by Form   , 2016-2021

Table 51:Asia Pacific Krill Oil Market Forecast Value (US$ Mn) Analysis by Form   , 2021-2031

Table 52:Asia Pacific Krill Oil Market Forecast Volume (MT) Analysis by Form  , 2021-2031

Table 53:Asia Pacific Krill Oil Market Historical Value (US$ Mn) Analysis by End - Use   , 2016-2021

Table 54:Asia Pacific Krill Oil Market Historical Volume (MT) Analysis by End - Use , 2016-2021

Table 55:Asia Pacific Krill Oil Market Forecast Value (US$ Mn) Analysis by End - Use, 2021-2031

Table 56:Asia Pacific Krill Oil Market Forecast Volume (MT) Analysis by End - Use  , 2021-2031

Table 57:Asia Pacific Krill Oil Market Historical Value (US$ Mn) Analysis by  Country, 2016-2021

Table 58:Asia Pacific Krill Oil Market Historical Volume (MT) Analysis by  Country, 2016-2021

Table 59:Asia Pacific Krill Oil Market Forecast Value (US$ Mn) Analysis by  Country , 2021-2031

Table 60:Asia Pacific Krill Oil Market Forecast Volume (MT) Analysis by  Country   , 2021-2031

Table 61:MEA  Krill Oil Market Historical Value (US$ Mn) Analysis by Form, 2016-2021

Table 62:MEA  Krill Oil Market Historical Volume (MT) Analysis by Form, 2016-2021

Table 63:MEA  Krill Oil Market Forecast Value (US$ Mn) Analysis by Form , 2021-2031

Table 64:MEA  Krill Oil Market Forecast Volume (MT) Analysis by Form  , 2021-2031

Table 65:MEA  Krill Oil Market Historical Value (US$ Mn) Analysis by End - Use   , 2016-2021

Table 66:MEA  Krill Oil Market Historical Volume (MT) Analysis by End - Use   , 2016-2021

Table 67:MEA  Krill Oil Market Forecast Value (US$ Mn) Analysis by End - Use   , 2021-2031

Table 68:MEA  Krill Oil Market Forecast Volume (MT) Analysis by End - Use  , 2021-2031

Table 69:MEA  Krill Oil Market Historical Value (US$ Mn) Analysis by  Country    , 2016-2021

Table 70:MEA  Krill Oil Market Historical Volume (MT) Analysis by  Country, 2016-2021

Table 71:MEA  Krill Oil Market Forecast Value (US$ Mn) Analysis by  Country, 2021-2031

Table 72:MEA  Krill Oil Market Forecast Volume (MT) Analysis by  Country, 2021-2031

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List of Charts

Figure 1:Global Krill Oil Market Value Y-o-Y Growth and Forecast, 2016-2031

Figure 2:Global Krill Oil Market Incremental $ Opportunity, 2021-2031

Figure 3:Global Krill Oil Market Incremental Volume (MT), 2021-2031

Figure 4:Global Krill Oil Market Value Y-o-Y Growth and Forecast, by Region, 2016-2031

Figure 5:Global Krill Oil Market Incremental $ Opportunity, by Region, 2021-2031

Figure 6:Global Krill Oil Market Attractiveness Index, by Region, 2021-2031

Figure 7:Global Krill Oil Market Value Y-o-Y Growth and Forecast, by Form, 2016-2031

Figure 8:Global Krill Oil Market Incremental $ Opportunity, by Form, 2021-2031

Figure 9:Global Krill Oil Market Attractiveness Index, by Form , 2021-2031

Figure 10:Global Krill Oil Market Value Y-o-Y Growth and Forecast, by End - Use   , 2016-2031

Figure 11:Global Krill Oil Market Incremental $ Opportunity, by End - Use   , 2021-2031

Figure 12:Global Krill Oil Market Attractiveness Index, by End - Use   , 2021-2031

Figure 13:North America Krill Oil Market Value Y-o-Y Growth and Forecast, 2016-2031

Figure 14:North America Krill Oil Market Incremental $ Opportunity, 2021-2031

Figure 15:North America Krill Oil Market Incremental Volume (MT), 2021-2031

Figure 16:North America Krill Oil Market Value Y-o-Y Growth and Forecast, by Country , 2016-2031

Figure 17:North America Krill Oil Market Incremental $ Opportunity, by Country , 2021-2031

Figure 18:North America Krill Oil Market Attractiveness Index, by Country , 2021-2031

Figure 19:North America Krill Oil Market Value Y-o-Y Growth and Forecast, by Form, 2016-2031

Figure 20:North America Krill Oil Market Incremental $ Opportunity, by Form, 2021-2031

Figure 21:North America Krill Oil Market Attractiveness Index, by Form , 2021-2031

Figure 22:North America Krill Oil Market Value Y-o-Y Growth and Forecast, by End - Use   , 2016-2031

Figure 23:North America Krill Oil Market Incremental $ Opportunity, by End - Use   , 2021-2031

Figure 24:North America Krill Oil Market Attractiveness Index, by End - Use   , 2021-2031

Figure 25:Latin America Krill Oil Market Value Y-o-Y Growth and Forecast, 2016-2031

Figure 26:Latin America Krill Oil Market Incremental $ Opportunity, 2021-2031

Figure 27:Latin America Krill Oil Market Incremental Volume (MT), 2021-2031

Figure 28:Latin America Krill Oil Market Value Y-o-Y Growth and Forecast, by Country , 2016-2031

Figure 29:Latin America Krill Oil Market Incremental $ Opportunity, by Country , 2021-2031

Figure 30:Latin America Krill Oil Market Attractiveness Index, by Country , 2021-2031

Figure 31:Latin America Krill Oil Market Value Y-o-Y Growth and Forecast, by Form, 2016-2031

Figure 32:Latin America Krill Oil Market Incremental $ Opportunity, by Form, 2021-2031

Figure 33:Latin America Krill Oil Market Attractiveness Index, by Form , 2021-2031

Figure 34:Latin America Krill Oil Market Value Y-o-Y Growth and Forecast, by End - Use   , 2016-2031

Figure 35:Latin America Krill Oil Market Incremental $ Opportunity, by End - Use   , 2021-2031

Figure 36:Latin America Krill Oil Market Attractiveness Index, by End - Use   , 2021-2031

Figure 37:Europe Krill Oil Market Value Y-o-Y Growth and Forecast, 2016-2031

Figure 38:Europe Krill Oil Market Incremental $ Opportunity, 2021-2031

Figure 39:Europe Krill Oil Market Incremental Volume (MT), 2021-2031

Figure 40:Europe Krill Oil Market Value Y-o-Y Growth and Forecast, by Country , 2016-2031

Figure 41:Europe Krill Oil Market Incremental $ Opportunity, by Country , 2021-2031

Figure 42:Europe Krill Oil Market Attractiveness Index, by Country , 2021-2031

Figure 43:Europe Krill Oil Market Value Y-o-Y Growth and Forecast, by Form, 2016-2031

Figure 44:Europe Krill Oil Market Incremental $ Opportunity, by Form, 2021-2031

Figure 45:Europe Krill Oil Market Attractiveness Index, by Form , 2021-2031

Figure 46:Europe Krill Oil Market Value Y-o-Y Growth and Forecast, by End - Use   , 2016-2031

Figure 47:Europe Krill Oil Market Incremental $ Opportunity, by End - Use   , 2021-2031

Figure 48:Europe Krill Oil Market Attractiveness Index, by End - Use   , 2021-2031

Figure 49:Asia Pacific Krill Oil Market Value Y-o-Y Growth and Forecast, 2016-2031

Figure 50:Asia Pacific Krill Oil Market Incremental $ Opportunity, 2021-2031

Figure 51:Asia Pacific Krill Oil Market Incremental Volume (MT), 2021-2031

Figure 52:Asia Pacific Krill Oil Market Value Y-o-Y Growth and Forecast, by Country , 2016-2031

Figure 53:Asia Pacific Krill Oil Market Incremental $ Opportunity, by Country , 2021-2031

Figure 54:Asia Pacific Krill Oil Market Attractiveness Index, by Country , 2021-2031

Figure 55:Asia Pacific Krill Oil Market Value Y-o-Y Growth and Forecast, by Form, 2016-2031

Figure 56:Asia Pacific Krill Oil Market Incremental $ Opportunity, by Form, 2021-2031

Figure 57:Asia Pacific Krill Oil Market Attractiveness Index, by Form , 2021-2031

Figure 58:Asia Pacific Krill Oil Market Value Y-o-Y Growth and Forecast, by End - Use   , 2016-2031

Figure 59:Asia Pacific Krill Oil Market Incremental $ Opportunity, by End - Use   , 2021-2031

Figure 60:Asia Pacific Krill Oil Market Attractiveness Index, by End - Use   , 2021-2031

Figure 61:MEA Krill Oil Market Value Y-o-Y Growth and Forecast, 2016-2031

Figure 62:MEA Krill Oil Market Incremental $ Opportunity, 2021-2031

Figure 63:MEA Krill Oil Market Incremental Volume (MT), 2021-2031

Figure 64:MEA Krill Oil Market Value Y-o-Y Growth and Forecast, by Country , 2016-2031

Figure 65:MEA Krill Oil Market Incremental $ Opportunity, by Country , 2021-2031

Figure 66:MEA Krill Oil Market Attractiveness Index, by Country , 2021-2031

Figure 67:MEA Krill Oil Market Value Y-o-Y Growth and Forecast, by Form, 2016-2031

Figure 68:MEA Krill Oil Market Incremental $ Opportunity, by Form, 2021-2031

Figure 69:MEA Krill Oil Market Attractiveness Index, by Form , 2021-2031

Figure 70:MEA Krill Oil Market Value Y-o-Y Growth and Forecast, by End - Use   , 2016-2031

Figure 71:MEA Krill Oil Market Incremental $ Opportunity, by End - Use   , 2021-2031

Figure 72:MEA Krill Oil Market Attractiveness Index, by End - Use   , 2021-2031

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