Krill Oil Market Overview and Trends Forecast 2014 - 2025
The global krill oil market is expected to reach USD 709.4 million by 2025, according to a new report by Radiant insights, inc. The increasing awareness regarding omega 3 deficiency and growing demand for dietary supplements are expected to drive demand for krill oil over the forecast period. The market is largely influenced by associations such as Marine Stewardship Council (MSC) and Association of Responsible Krill Harvesting Companies (ARK).
Globally, Europe is the dominant regional market. The presence of major fisheries and favorable trade environment is likely to drive the growth in this region. The rise in fishing activity and presence of krill fish in oceans surrounding South Asian countries such as India and Vietnam is expected to drive the industry in this region over the forecast period.
Download full research Report @ http://www.radiantinsights.com/research/krill-oil-market
Further key findings from the report suggest
Tablets was the dominant segment with a market share of over 70% in 2015 owing to growing popularity of this form of omega 3 supplements
Capsules are the fastest growing product segment within the tablet category growing at a CAGR of over 13% from 2016 to 2024 owing to rising number of manufacturers preferring to manufacture krill oil capsules rather than soft gels.
The demand in Europe was over USD 60.0 million in 2015, accounting for over 35% of the overall market. Growing awareness in the region about omega 3 substitutes and rising consumer knowledge about omega 3 products is driving the industry in this region.
The industry participants have been engaged in rapid new product development and consumer awareness campaigns to increase the penetration of the products.
They have been focusing on the emerging economies in order to expand their global foothold and increase the customer base.
Request a Free Sample Copy of this Report @ http://www.radiantinsights.com/research/krill-oil-market/request-sample
Table of Content
Chapter 1. Methodology & Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
Chapter 3. Krill Oil Market Variables, Trends & Scope
3.1. Market segmentation & scope
3.2. Penetration & growth prospect mapping
3.3. Value Chain Analysis
3.4. Technology Framework
3.5. Regulatory Framework
3.6. Market Dynamics
3.6.1. Market driver analysis
3.6.2. Market restraint analysis
3.7. Krill Oil Market - SWOT Analysis, By Factor (political & legal, economic and technological)
3.8. Industry Analysis - Porter's
Chapter 4. Krill Oil Market: Product Estimates & Trend Analysis
4.1. Krill Oil market: Product movement analysis
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About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email : sales@radiantinsights.com
visit our website : http://www.radiantinsights.com/
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
Globally, Europe is the dominant regional market. The presence of major fisheries and favorable trade environment is likely to drive the growth in this region. The rise in fishing activity and presence of krill fish in oceans surrounding South Asian countries such as India and Vietnam is expected to drive the industry in this region over the forecast period.
Download full research Report @ http://www.radiantinsights.com/research/krill-oil-market
Further key findings from the report suggest
Tablets was the dominant segment with a market share of over 70% in 2015 owing to growing popularity of this form of omega 3 supplements
Capsules are the fastest growing product segment within the tablet category growing at a CAGR of over 13% from 2016 to 2024 owing to rising number of manufacturers preferring to manufacture krill oil capsules rather than soft gels.
The demand in Europe was over USD 60.0 million in 2015, accounting for over 35% of the overall market. Growing awareness in the region about omega 3 substitutes and rising consumer knowledge about omega 3 products is driving the industry in this region.
The industry participants have been engaged in rapid new product development and consumer awareness campaigns to increase the penetration of the products.
They have been focusing on the emerging economies in order to expand their global foothold and increase the customer base.
Request a Free Sample Copy of this Report @ http://www.radiantinsights.com/research/krill-oil-market/request-sample
Table of Content
Chapter 1. Methodology & Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
Chapter 3. Krill Oil Market Variables, Trends & Scope
3.1. Market segmentation & scope
3.2. Penetration & growth prospect mapping
3.3. Value Chain Analysis
3.4. Technology Framework
3.5. Regulatory Framework
3.6. Market Dynamics
3.6.1. Market driver analysis
3.6.2. Market restraint analysis
3.7. Krill Oil Market - SWOT Analysis, By Factor (political & legal, economic and technological)
3.8. Industry Analysis - Porter's
Chapter 4. Krill Oil Market: Product Estimates & Trend Analysis
4.1. Krill Oil market: Product movement analysis
Browse all Report of this category @ http://www.radiantinsights.com/catalog/food
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email : sales@radiantinsights.com
visit our website : http://www.radiantinsights.com/
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
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