Global Fish Oil Market Will Reach USD 1.7 Billion in 2018: Transparency Market Research

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Albany NY (June 12, 2013) (CULRAV.ORG) -

According to a new market report published by Transparency Market Research “Fish Oil Market for Aquaculture, Direct Human Consumption, Hydrogenation and Industrial Applications – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018,” the global market for fish oil was valued at USD 1.1 billionin 2011 and is expected to reach USD 1.7 billion in 2018, growing at a CAGR of 5.05% from 2012 to 2018. In terms of volume, the demand for fish oil was 1,035 kilo tons in 2011 and is expected to reach 1,130 kilo tons in 2018, growing at a CAGR of 1.22% from 2012 to 2018.

Browse the full report at http://www.transparencymarketresearch.com/fish-oil.html

The demand for fish oil is expected to increase owing to the increased demand for omega 3 ingredients. Fish oil is the primary source of omega 3 and with the growing awareness of omega 3 and its benefits; consumers are increasing their intake of omega 3 as part of regular diet. However, the reduced or static production levels of fish oil acts as a major inhibitor for the growth of the market. This situation is expected to escalate due to the uneven frequency of El Nino, which further reduces the overall fishing volumes.

Aquaculture was the largest application segment in 2011, accounting for over 70% of the consumption of oil. Majority of fish oil is consumed in the farming of salmons and trout, which are primarily grown in Chile and Peru. However, direct human consumption (DHC) of fish oil has been increasing over the past five years due to increased awareness among customers regarding the benefits of omega 3.

Europe was the largest consumer of fish oil in 2011, with over 450 kilo tons of oil consumed. Asia Pacific and Latin America are expected to be the fastest growing regions in terms of fish oil consumption due to growing aquaculture for carps in China and salmon farms in Chile.

The leading fish oil producers include EPAX AS, Croda Inc, COPEINCA ASA, Corpesca S.A and Omega Protein Corporation among others. The report contains company profiles of the above mentioned producers along with other major players in the fish oil market.

Related Report : 

Food Additives Market (Flavors, Sweeteners, Enzymes, Colorants, Emulsifiers, Shelf-Life Stabilizers and Fat Replacers) – Global Industry Analysis, Size, Share, Trends, Growth and Forecast, 2012 – 2018

http://www.transparencymarketresearch.com/fish-oil.html 

The global market for food additives is expected to grow steadily over the next five years, owing to the expected growth in the food and beverage industry and increasing awareness and demand of functional food additives. This study provides a strategic analysis of the global food additives market in terms of revenue. The global market for food additives has been segmented on the basis of various products as well as regions, with estimates and forecast provided up to 2018.

Key products analyzed in the study include flavors & enhancers, sweeteners, enzymes, colorants, emulsifiers, shelf-life stabilizers, and fat replacers. Huge opportunities exist in the segments of flavors and enhancers, enzymes, fat replacers and the shelf life stabilizers market. Major economies covered in this report include North America, Europe, Asia Pacific and RoW. The report also provides a break down analysis of product types by geography in terms of revenues forecasted till 2018.

The report interprets and analyzes the market dynamics of the food additives market including restraints, drivers and opportunities. The report also includes competitive analyses which cover the value chain and market share of the major players. Moreover, it also incorporates market attractiveness by product types defined by different parameters. In addition, to aid in strategic decision making, the report includes Porter’s five forces model and key trends driving the future growth in the market.

About Us

TransparencyMarket Researchis a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Browse the full report with TOC at http://www.transparencymarketresearch.com/fish-oil.html

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