Connected Living Room Market Global Scenario, Market Size, Outlook, Global Fish Oil Market Global Scenario | Page 2

total market share in 2016; owing to rise in importance of breeding and regular stocking
for enhancing fish production output.
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Geographically, the market is categorised into North America, Europe, Asia-Pacific and Rest
of the World (RoW). Europe accounted for the largest market share of 41.5% in 2016,
owing to rise in aquaculture activities in Norway and UK. The Common Fisheries Policy
Reform passed by European Commission has also led to growth of fish oil market in the
region. Asia-Pacific accounted for the second largest market share of 26.5%, driven by
increased awareness towards nutritional diet in emerging economies such as China and
India. In terms of growth, Asia-Pacific is to attain the fastest CAGR of 6.8% during the
forecast period 2016-2024. The growth would be primarily driven by growing aquaculture
sector mainly in countries such as China, Indonesia, Bangladesh, Thailand, and India.
Scope of Fish Oil Market
Species Segments
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Marine Fish
Tilapias
Carps
Salmon and Trout
Others (Includes Eels, Mackerels, Herrings)