Market Research Future (Food and Beverages) Fish Oil Market Research Report | Page 3

Fish Oil Market Research Report-Forecast till 2023
2 Market Overview
Fish oil, which is consumed by eating fish or in the form of dietary supplements, is rich in omega-3 fatty acids which
help manage cardiovascular disease. The fishes rich in essential oils include mackerel, herring, tuna, and salmon.
The other sources of fish oil are whale blubber, seal blubber, and cod liver. Eicosapentaenoic acid (EPA) and
docosahexaenoic acid (DHA) are the two most important omega-3 fatty acids found in fish oil. The demand for fish
oil is increasing due to its benefits in improving cardiovascular health, which is expected to propel market growth
during the forecast period.
The high consumption of fish oil for its curative properties in kidney-related problems, ocular and vision disorders,
cognitive impairment, and digestive issues, among others, is boosting demand globally. The growing adoption of
aquafarming in developing countries is expected to offer an opportunity to key market players during the assessment
period.
Regional Analysis:
Globally, North America is expected to dominate the market for fish oil due to the high consumption of supplements
for health development and the growing need to maintain a healthy lifestyle in the region. The importance of omega-
3-rich fish oil for cognitive development is also expected to boost the growth of the regional market during the forecast
period.
The fish oil market in Asia-Pacific is projected to record the highest CAGR. Increasing health concerns among
Japan’s elderly population is fuelling the regional demand for omega-3 fatty acids. The need for affordable food with
a high protein content in developing countries such as China and India has led to the adoption of aquaculture and is
expected to boost the growth of the fish oil market in Asia-Pacific during the forecast period.
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