Fish Oil Market Analysis By Application (Aquaculture, Direct Human Consumption) And Segment Forecasts To 2020

Published: Jun, 2014 | Pages: 75 | Publisher: Grand View Research
Industry: Food | Report Format: Electronic (PDF)

The global market for fish oil is expected to reach USD 3,300.0 million by 2020. Fish oil demand is expected to show significant growth, following increasing human consumption, owing to rising health awareness and benefits provided by omega 3 fatty acids and other nutraceuticals. In addition, accelerating demand for aquaculture is further expected to fuel market growth for fish oil. Volatile fish oil prices, owing to static fish oil production, in contrast to the accelerating demand is expected to be a key challenge for market participants. Asia Pacific and Latin America are expected to be the fastest growing markets in term of demand due to increasing salmon farms in Chile and aquaculture of carps in China.

Aquaculture was the largest application segment, accounting for 772.4 kilo tons of fish oil demand in 2013 that is expected to reach 843.6 kilo tons in 2020, growing at a CAGR of 1.0% over next six years. It is expected to dominate the market share over the forecast period owing to increase in demand for species such as salmon, trout, carp, tilapias and marine fishes. Rapid expansion of aquaculture in Asia Pacific can be seen as a large market opportunity for growth of fish oil market. In addition, direct human consumption sector is further expected to show considerable growth at a CAGR of 1.6% from 2014 to 2020.

Further key findings from the study suggest:

• Global fish oil demand was 1,090.0 kilo tons in 2013 and is expected to reach 1,200.0 kilo tons by 2020, growing at a CAGR of 1.12% from 2014 to 2020.
• Salmon and trout was the largest application segment for aquaculture in fish oil, which accounted for about 66.91% of market share in 2013. The revenue was USD 854.7 million in 2013 and is expected to reach USD 1,498.7 million in 2020.
• Europe was the largest regional market for fish oil accounting for 491.5 kilo tons of demand in 2013. High level of consumer awareness regarding the benefits of fish oil in terms of omega 3 proteins is the key factor responsible for high share.
• Key participants in global fish oil market include EPAX AS, Croda Inc., Omega Protein Corporation and COPEINCA ASA.
• For the purpose of this study, Grand View Research has segmented the global fish oil market on the basis of application and region:

Fish Oil Application Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
• Aquaculture
• Salmon & Trout
• Marine Fish
• Carp
• Tilapias
• Direct Human Consumption
• Others

Fish Oil Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
• North America
• Latin America
• Europe
• Asia Pacific
• RoW

 Table of Contents

Chapter 1 Executive Summary
                1.1 Fish Oil - Industry Summary & Critical Success Factors (CSFs)

Chapter 2 Fish Oil Industry Outlook
                2.1 Market Segmentation
                2.2 Market Size and Growth Prospects
                2.3 Fish Oil Value Chain Analysis
                    2.3.1 Key Driver Analysis
                        2.3.1.1 Increased direct human consumption (DHC)
                    2.3.2 Key Restraint Analysis
                        2.3.2.1 Increasing fish oil prices
                        2.3.2.2 Static production against the growing demand for fish oil
                2.4 Fish Oil Market Dynamics
                2.5 Key Opportunities Prioritized
                2.6 Industry Analysis - Porter's
                2.7 Fish Oil - Company Market Share Analysis, 2013
                2.8 Fish Oil - PESTEL Analysis

Chapter 3 Fish Oil Application Outlook
                3.1 Aquaculture
                    3.1.1 Demand in aquaculture, by region, (Kilo tons) (USD Million), 2012 - 2020
                3.2 Fish Oil demand in aquaculture, by product
                    3.2.1 Salmon and Trout
                        3.2.1.1 Demand in aquaculture, salmon and trout, by region, (Kilo tons) (USD Million), 2012 - 2020
                    3.2.2 Marine Fish
                        3.2.2.1 Demand in aquaculture, marine fish, by region, (Kilo tons) (USD Million), 2012 - 2020
                    3.2.3 Carp
                        3.2.3.1 Demand in aquaculture, carp, by region, (Kilo tons) (USD Million), 2012 - 2020
                    3.2.4 Tilapias
                        3.2.4.1 Demand in aquaculture, tilapias, by region, (Kilo tons) (USD Million), 2012 - 2020
                    3.2.5 Other fishes
                        3.2.5.1 Demand in aquaculture, other fishes, by region, (Kilo tons) (USD Million), 2012 - 2020
                3.3 Direct Human Consumption (DHC)
                    3.3.1 Demand in direct human consumption (DHC), by region, (Kilo tons) (USD Million), 2012 - 2020
                3.4 Other Applications
                    3.4.1 Demand in other applications, by region, (Kilo tons) (USD Million), 2012 - 2020

Chapter 4 Fish Oil Regional Outlook
                4.1 North America
                    4.1.1 Market volume & revenue by application, (Kilo tons) (USD Million), 2012 - 2020
                4.2 Latin America
                    4.2.1 Market volume & revenue by application, (Kilo tons) (USD Million), 2012 - 2020
                4.3 Europe
                    4.3.1 Market volume & revenue by application, (Kilo tons) (USD Million), 2012 - 2020
                4.4 Asia Pacific
                    4.4.1 Market volume & revenue by application, (Kilo tons) (USD Million), 2012 - 2020
                4.5 RoW
                    4.5.1 Market volume & revenue by application, (Kilo tons) (USD Million), 2012 - 2020

Chapter 5 Fish Oil Competitive Landscape
                5.1 American Marine Ingredients
                        5.1.1 Company Overview
                        5.1.2 Financial Performance
                        5.1.3 Product Benchmarking
                        5.1.4 Strategic Initiatives
                5.2 Colpex
                        5.2.1 Company Overview
                        5.2.2 Financial Performance
                        5.2.3 Product Benchmarking
                        5.2.4 Strategic Initiatives
                5.3 Copeinca ASA
                        5.3.1 Company Overview
                        5.3.2 Financial Performance
                        5.3.3 Product Benchmarking
                        5.3.4 Strategic Initiatives
                5.4 Corpesca S.A.
                        5.4.1 Company Overview
                        5.4.2 Financial Performance
                        5.4.3 Product Benchmarking
                        5.4.4 Strategic Initiatives
                5.5 Croda Inc.
                        5.5.1 Company Overview
                        5.5.2 Financial Performance
                        5.5.3 Product Benchmarking
                        5.5.4 Strategic Initiatives
                5.6 Epax AS
                        5.5.1 Company Overview
                        5.5.2 Financial Performance
                        5.5.3 Product Benchmarking
                        5.5.4 Strategic Initiatives
                5.5 FF Skagen A/S
                        5.5.1 Company Overview
                        5.5.2 Financial Performance
                        5.5.3 Product Benchmarking
                        5.5.4 Strategic Initiatives
                5.8 GC Rieber Oils
                        5.8.1 Company Overview
                        5.8.2 Financial Performance
                        5.8.3 Product Benchmarking
                        5.8.4 Strategic Initiatives
                5.9 Marvesa Holding N.V.
                        5.9.1 Company Overview
                        5.9.2 Financial Performance
                        5.9.3 Product Benchmarking
                        5.9.4 Strategic Initiatives
                5.10 Nutrifynn Caps, Inc.
                        5.10.1 Company Overview
                        5.10.2 Financial Performance
                        5.10.3 Product Benchmarking
                        5.10.4 Strategic Initiatives
                5.11 Omega Protein
                        5.11.1 Company Overview
                        5.11.2 Financial Performance
                        5.11.3 Product Benchmarking
                        5.11.4 Strategic Initiatives
                5.12 Pesquera Diamante S.A.
                        5.12.1 Company Overview
                        5.12.2 Financial Performance
                        5.12.3 Product Benchmarking
                        5.12.4 Strategic Initiatives

Chapter 6 Methodology and Scope
                6.1 Research Methodology
                6.2 Research Scope & Assumption
                6.3 List of Data Sources

List of Tables

1. Fish Oil - Industry Summary & Critical Success Factors (CSFs)
2. Global Fish Oil market (Kilo tons) (USD Million), 2012 - 2020
3. Global Fish Oil market by region (Kilo tons) (USD Million), 2012 - 2020
4. Global Fish Oil market by application (Kilo tons) (USD Million), 2012 - 2020
5. Global Fish Oil demand in aquaculture (Kilo tons) (USD Million), 2012 - 2020
6. Global Fish Oil demand in aquaculture, by region, (Kilo tons) (USD Million), 2012 - 2020
7. Global Fish Oil demand in aquaculture, salmon and trout (Kilo tons) (USD Million), 2012 - 2020
8. Global Fish Oil demand in aquaculture, salmon and trout, by region, (Kilo tons) (USD Million), 2012 - 2020
9. Global Fish Oil demand in aquaculture, marine fish(Kilo tons) (USD Million), 2012 - 2020
10. Global Fish Oil demand in aquaculture, marine fish, by region, (Kilo tons) (USD Million), 2012 - 2020
11. Global Fish Oil demand in aquaculture, carp(Kilo tons) (USD Million), 2012 - 2020
12. Global Fish Oil demand in aquaculture, carp, by region, (Kilo tons) (USD Million), 2012 - 2020
13. Global Fish Oil demand in aquaculture, tilapias (Kilo tons) (USD Million), 2012 - 2020
14. Global Fish Oil demand in aquaculture, tilapias, by region, (Kilo tons) (USD Million), 2012 - 2020
15. Global Fish Oil demand in aquaculture, other fishes(Kilo tons) (USD Million), 2012 - 2020
16. Global Fish Oil demand in aquaculture, other fishes, by region, (Kilo tons) (USD Million), 2012 - 2020
17. Global Fish Oil demand in direct human consumption (Kilo tons) (USD Million), 2012 - 2020
18. Global Fish Oil demand in direct human consumption, by region, (Kilo tons) (USD Million), 2012 - 2020
19. Global Fish Oil demand in other applications (Kilo tons) (USD Million), 2012 - 2020
20. Global Fish Oil demand in other applications, by region, (Kilo tons) (USD Million), 2012 - 2020
21. North America Fish Oil market by application (Kilo tons) (USD Million), 2012 - 2020
22. Latin America Fish Oil market by application (Kilo tons) (USD Million), 2012 - 2020
23. Europe Fish Oil market by application (Kilo tons) (USD Million), 2012 - 2020
24. Asia Pacific Fish Oil market by application (Kilo tons) (USD Million), 2012 - 2020
25. RoW Fish Oil market by application (Kilo tons) (USD Million), 2012 - 2020


List of Figures

1. Fish Oil Market Segmentation
2. Global Fish Oil market (Kilo tons) (USD Million), 2012 - 2020
3. Fish Oil value chain analysis
4. Fish Oil market dynamics
5. Fish Oil - Company market share analysis, 2013
6. Key Opportunities Prioritized
7. Industry Analysis - Porter's
8. Fish Oil PESTEL Analysis, 2013
9. Fish Oil market share by application, 2013 & 2020
10. Global Fish Oil demand in aquaculture(Kilo tons) (USD Million), 2012 - 2020
11. Global Fish Oil demand in aquaculture, salmon and trout(Kilo tons) (USD Million), 2012 - 2020
12. Global Fish Oil demand in aquaculture, marine fish(Kilo tons) (USD Million), 2012 - 2020
13. Global Fish Oil demand in aquaculture, carp (Kilo tons) (USD Million), 2012 - 2020
14. Global Fish Oil demand in aquaculture, tilapias (Kilo tons) (USD Million), 2012 - 2020
15. Global Fish Oil demand in aquaculture, other fishes (Kilo tons) (USD Million), 2012 - 2020
16. Global Fish Oil demand in direct human consumption (Kilo tons) (USD Million), 2012 - 2020
17. Global Fish Oil demand in other applications (Kilo tons) (USD Million), 2012 - 2020
18. Fish Oil market share by region, 2013 & 2020
19. North America Fish Oil market, by application (Kilo tons) (USD Million), 2012 - 2020
20. Latin America Fish Oil market, by application (Kilo tons) (USD Million), 2012 - 2020
21. Europe Fish Oil market, by application (Kilo tons) (USD Million), 2012 - 2020
22. Asia Pacific Fish Oil market, by application (Kilo tons) (USD Million), 2012 - 2020
23. RoW Fish Oil market, by application (Kilo tons) (USD Million), 2012 - 2020