According to the business intelligence report titled ‘Global Fish Oil Market 2022-2028’, available with MarketStudyReport, global fish oil market which accounted for USD 2411 million in 2021 is expected to amass a valuation of USD 3484 million by 2028, while progressing at a CAGR of 5.4% throughout.

Cognizance about the proven benefits of the product in the form of hair growth, fighting allergies, aiding in weight loss, and preventing illnesses among others is fostering global fish oil market growth.

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Notably, fish oil is extracted from the tissues of various kinds of oily fishes including tuna, mackerel, herring, and anchovies.

Apart from growth drivers, the research literature illustrates key trends at a macro level to facilitate a clear understanding of market dynamics during the study period. Additionally, an intricate analysis of current and upcoming challenges along with precise solutions to tackle them is encompassed in the document.

For the sake of a comprehensive assessment, global fish oil market is bifurcated in terms of species type and application scope. Speaking of the type of species, herring, capelin, menhaden, cod, anchovy, blue whiting, and sardines among other kinds are analyzed in the document.

Considering application scope, dietary supplements, aquaculture, animal nutrition, pharmaceuticals, and pet food among others are the key verticals which are studied in the report.

From a regional standpoint, North America, Europe, Asia Pacific, South America, and Middle East & Africa are the major geographies that contribute significantly to overall market remuneration. Consumption statistics and performance potential of each regional market is entailed in the document for stakeholders to identify promising avenues for revenue generation.

The competitive framework of worldwide fish oil industry sphere is defined by players such as Triple Nine Fish Protein A/S, Koninklijke DSM N.V., BASF SE, LYSI hf., Corpesca S.A., Croda International plc, Foodcorp Chile S.A., FF Skagen A/S, GC Rieber AS, Omega Protein Corporation, Pesquera Exalmar S.A., Pesquera Diamante S.A., Olvea Fish Oils, Oceana Group Ltd., Marvesa Holdings N.V., Camanchaca Inc., China Fishery Group Ltd., and Copeinca ASA.