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Global Krill Oil Market Size study & Forecast, by Product Type (Liquid Type, Tablet Type, Soft Gels and Capsules), by Application (Dietary Supplements, Pharmaceutical, Pet Food and Animal Food, Functional Food and Beverages and Others), by Distribution Channel (Supermarkets/ Hypermarkets, Departmental Store, Pharmacy Store, Online Store) and Regional Analysis, 2022-2029

February 2023 | 200 pages | ID: G8DF512712C3EN
Bizwit Research & Consulting LLP

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Global Krill Oil Market is valued at approximately USD 740.3 million in 2021 and is anticipated to grow with a healthy growth rate of more than 10.7% over the forecast period 2022-2029. Krill Oil is a dietary supplement sourced from a small shrimp-like crustacean named krill. Krill Oil contains omega-3 fatty acids eicosapentaenoic acid (EHA) and docosahexaenoic acid (DHA), the two essential omega-3 fats required for the efficient functioning of the body. It is available in different formats including tablets, soft gel, and capsules among others. The increasing prevalence of coronary heart disease and growing demand for protein & nutrition-rich foods as well as strategic initiatives from the market players are key factors accelerating the market growth.

The increasing prevalence of coronary heart disease is contributing to the growth of the Global Krill Oil Market. For instance, according to Centers for Disease Control and Prevention estimates – as of 2020, around 20.1 million adults aged 20 and older are affected by coronary heart disease. Additionally, approximately 382,820 individuals lost their lives due to coronary heart disease. Moreover, as per British Heart Foundation (BHF) estimates – in 2021, coronary heart disease (CHD) was estimated as the third highest cause of death, with around 66,000 individuals losing their lives due to CHD in 2021. Also, rising awareness towards the health benefits of Krill Oil and increasing consumption of dietary supplements would create a lucrative growth prospectus for the market over the forecast period. However, high costs associated with Krill Oil and decreasing population of aquatic animals stifle the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Krill Oil Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading market players and increasing consumption of dietary supplements in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising prevalence of coronary heart disease and increasing penetration of leading market players in the region.

Major market players included in this report are:
Aker BioMarine ASA
Coastside Bio Resources
Rimfrost AS
NutriGold, Inc.
Norwegian Fish Oil AS.
NWC Naturals Inc.
Qingdao Kangjing Marine Biotechnology Co., Ltd
ConnOils LLC
Viva Naturals.
Jedwards International, Inc.

Recent Developments in the Market:
In July 2020, Epion Brands announced the launch of its new Kori Pure Antarctic Krill Oil product. This new product comes in three soft-gel formats standard, which is 1,200 milligrams, small, which is 600 milligrams, and mini, which is?400?milligrams.

Global Krill Oil Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product Type, Application, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type
Liquid Type
Tablet Type
Soft Gels
Capsules

By Application
Dietary Supplements
Pharmaceutical
Pet Food and Animal Food
Functional Food and Beverages
Others

By Distribution Channel
Supermarkets/ Hypermarkets
Departmental Store
Pharmacy Store
Online Store

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
  1.2.1. Krill Oil Market, by Region, 2019-2029 (USD Million)
  1.2.2. Krill Oil Market, by Product Type, 2019-2029 (USD Million)
  1.2.3. Krill Oil Market, by Application, 2019-2029 (USD Million)
  1.2.4. Krill Oil Market, by Distribution Channel, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL KRILL OIL MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL KRILL OIL MARKET DYNAMICS

3.1. Krill Oil Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Increasing prevalence of coronary heart disease
    3.1.1.2. Growing demand for protein & nutrition-rich foods
    3.1.1.3. Strategic initiatives from the market players
  3.1.2. Market Challenges
    3.1.2.1. High Costs associated with Krill Oil
    3.1.2.2. Decreasing population of aquatic animals
  3.1.3. Market Opportunities
    3.1.3.1. Rising awareness towards health benefits of Krill Oil
    3.1.3.2. Increasing consumption of dietary supplements

CHAPTER 4. GLOBAL KRILL OIL MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL KRILL OIL MARKET, BY PRODUCT TYPE

6.1. Market Snapshot
6.2. Global Krill Oil Market by Product Type, Performance - Potential Analysis
6.3. Global Krill Oil Market Estimates & Forecasts by Product Type 2019-2029 (USD Million)
6.4. Krill Oil Market, Sub Segment Analysis
  6.4.1. Liquid Type
  6.4.2. Tablet Type
  6.4.3. Soft Gels
  6.4.4. Capsules

CHAPTER 7. GLOBAL KRILL OIL MARKET, BY APPLICATION

7.1. Market Snapshot
7.2. Global Krill Oil Market by Application, Performance - Potential Analysis
7.3. Global Krill Oil Market Estimates & Forecasts by Application 2019-2029 (USD Million)
7.4. Krill Oil Market, Sub Segment Analysis
  7.4.1. Dietary Supplements
  7.4.2. Pharmaceutical
  7.4.3. Pet Food and Animal Food
  7.4.4. Functional Food and Beverages
  7.4.5. Others

CHAPTER 8. GLOBAL KRILL OIL MARKET, BY DISTRIBUTION CHANNEL

8.1. Market Snapshot
8.2. Global Krill Oil Market by Distribution Channel, Performance - Potential Analysis
8.3. Global Krill Oil Market Estimates & Forecasts by Distribution Channel 2019-2029 (USD Million)
8.4. Krill Oil Market, Sub Segment Analysis
  8.4.1. Supermarkets/ Hypermarkets
  8.4.2. Departmental Store
  8.4.3. Pharmacy Store
  8.4.4. Online Store

CHAPTER 9. GLOBAL KRILL OIL MARKET, REGIONAL ANALYSIS

9.1. Krill Oil Market, Regional Market Snapshot
9.2. North America Krill Oil Market
  9.2.1. U.S. Krill Oil Market
    9.2.1.1. Product Type breakdown estimates & forecasts, 2019-2029
    9.2.1.2. Application breakdown estimates & forecasts, 2019-2029
    9.2.1.3. Distribution Channel breakdown estimates & forecasts, 2019-2029
  9.2.2. Canada Krill Oil Market
9.3. Europe Krill Oil Market Snapshot
  9.3.1. U.K. Krill Oil Market
  9.3.2. Germany Krill Oil Market
  9.3.3. France Krill Oil Market
  9.3.4. Spain Krill Oil Market
  9.3.5. Italy Krill Oil Market
  9.3.6. Rest of Europe Krill Oil Market
9.4. Asia-Pacific Krill Oil Market Snapshot
  9.4.1. China Krill Oil Market
  9.4.2. India Krill Oil Market
  9.4.3. Japan Krill Oil Market
  9.4.4. Australia Krill Oil Market
  9.4.5. South Korea Krill Oil Market
  9.4.6. Rest of Asia Pacific Krill Oil Market
9.5. Latin America Krill Oil Market Snapshot
  9.5.1. Brazil Krill Oil Market
  9.5.2. Mexico Krill Oil Market
  9.5.3. Rest of Latin America Krill Oil Market
9.6. Rest of The World Krill Oil Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. Company Profiles
  10.2.1. Aker BioMarine ASA
    10.2.1.1. Key Information
    10.2.1.2. Overview
    10.2.1.3. Financial (Subject to Data Availability)
    10.2.1.4. Product Summary
    10.2.1.5. Recent Developments
  10.2.2. Coastside Bio Resources
  10.2.3. Rimfrost AS
  10.2.4. NutriGold, Inc.
  10.2.5. Norwegian Fish Oil AS.
  10.2.6. NWC Naturals Inc.
  10.2.7. Qingdao Kangjing Marine Biotechnology Co., Ltd
  10.2.8. ConnOils LLC
  10.2.9. Viva Naturals.
  10.2.10. Jedwards International, Inc.

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Krill Oil Market, report scope
TABLE 2. Global Krill Oil Market estimates & forecasts by Region 2019-2029 (USD Million)
TABLE 3. Global Krill Oil Market estimates & forecasts by Product Type 2019-2029 (USD Million)
TABLE 4. Global Krill Oil Market estimates & forecasts by Application 2019-2029 (USD Million)
TABLE 5. Global Krill Oil Market estimates & forecasts by Distribution Channel 2019-2029 (USD Million)
TABLE 6. Global Krill Oil Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 7. Global Krill Oil Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 8. Global Krill Oil Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 9. Global Krill Oil Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 10. Global Krill Oil Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 11. Global Krill Oil Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 12. Global Krill Oil Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 13. Global Krill Oil Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 14. Global Krill Oil Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 15. Global Krill Oil Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 16. U.S. Krill Oil Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 17. U.S. Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 18. U.S. Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 19. Canada Krill Oil Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 20. Canada Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 21. Canada Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 22. UK Krill Oil Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 23. UK Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 24. UK Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 25. Germany Krill Oil Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 26. Germany Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 27. Germany Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 28. France Krill Oil Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 29. France Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 30. France Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 31. Italy Krill Oil Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 32. Italy Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 33. Italy Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 34. Spain Krill Oil Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 35. Spain Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 36. Spain Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 37. RoE Krill Oil Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 38. RoE Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 39. RoE Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 40. China Krill Oil Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 41. China Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 42. China Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 43. India Krill Oil Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 44. India Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 45. India Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 46. Japan Krill Oil Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 47. Japan Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 48. Japan Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 49. South Korea Krill Oil Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 50. South Korea Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 51. South Korea Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 52. Australia Krill Oil Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 53. Australia Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 54. Australia Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 55. RoAPAC Krill Oil Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 56. RoAPAC Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 57. RoAPAC Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 58. Brazil Krill Oil Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 59. Brazil Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 60. Brazil Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 61. Mexico Krill Oil Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 62. Mexico Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 63. Mexico Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 64. RoLA Krill Oil Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 65. RoLA Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 66. RoLA Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 67. Row Krill Oil Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 68. Row Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 69. Row Krill Oil Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 70. List of secondary sources, used in the study of global Krill Oil Market
TABLE 71. List of primary sources, used in the study of global Krill Oil Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Krill Oil Market, research methodology
FIG 2. Global Krill Oil Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Krill Oil Market, key trends 2021
FIG 5. Global Krill Oil Market, growth prospects 2022-2029
FIG 6. Global Krill Oil Market, porters 5 force model
FIG 7. Global Krill Oil Market, pest analysis
FIG 8. Global Krill Oil Market, value chain analysis
FIG 9. Global Krill Oil Market by segment, 2019 & 2029 (USD Million)
FIG 10. Global Krill Oil Market by segment, 2019 & 2029 (USD Million)
FIG 11. Global Krill Oil Market by segment, 2019 & 2029 (USD Million)
FIG 12. Global Krill Oil Market by segment, 2019 & 2029 (USD Million)
FIG 13. Global Krill Oil Market by segment, 2019 & 2029 (USD Million)
FIG 14. Global Krill Oil Market, regional snapshot 2019 & 2029
FIG 15. North America Krill Oil Market 2019 & 2029 (USD Million)
FIG 16. Europe Krill Oil Market 2019 & 2029 (USD Million)
FIG 17. Asia Pacific Krill Oil Market 2019 & 2029 (USD Million)
FIG 18. Latin America Krill Oil Market 2019 & 2029 (USD Million)
FIG 19. Global Krill Oil Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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