Published on : Dec 26, 2018
Albany, New York, December 26, 2018: Market Research Hub (MRH) has included a new study titled “Fish Oil Market, Global Forecast by Species Application: Aquaculture Human Consumption, Hydrogenation and Industrial Export, Import, Production, Countries, Value Chain Analysis”, to its wide online database. This analysis focuses on the overall market for fish oil and its production capacity concerning varied regions. A variety of aspects associated to future prospects are carefully enclosed in this assessment to enlighten the readers. As per research findings, the global fish oil market is likely to surpass 1400 Thousand Tons by 2024-end.
Fish oil is produced primarily from oily fish variants and is regarded as a rich source of long chain omega-3 fatty acids, docosahexaenoic acid (DHA) as well as eicosapentaenoic acid (EPA). It should be noted that aquaculture segment utilizes major share of fish oil for fish feeding, while direct human consumption of fish oil is discreetly low. However, in the past few years as a result of increasing awareness linked to fish oil benefits for controlling cardiovascular disease, the global fish oil market is on an uphill path.
The report starts with the executive summary followed by production volume, which include details linked to direct human consumption, aquaculture and others. The market share section talks about export and import statistics, which are quite useful in determining the actual scenario prevailing across the global fish oil market. Geographically, this report discourse the major exporting countries such as Peru, United States, Norway, Denmark, Chile and China. Both the historical and forecast information related to trade in terms of volume of export as well as market value for individual countries in provided in the assessment.
The fish species discussed in the report are majorly those which are used as a raw material to extract fish oil. The main species category included in the assessment are Anchovy, Sardines, Blue whiting, Capelin, Norway Pout, Send eel, Menhaden and Sprat. Each of these fish varieties are studied based on their market and volume share. As the report proceeds, the readers are educated about the fish oil market by dropping light on the market dynamics. The fish oil industry is examined keeping in mind key growth drivers, prime issues & challenges together with bigger opportunities. The supply chain of sea food industry is also part of the report, which helps in gaining deeper insight about the global fish oil market. Interestingly, the availability of figurative data proves beneficial in authenticating researched facts quite smoothly.
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