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Asia-Pacific Fish Oil Market Size, Share, Industry Trends - 2020

Read more@ https://www.alliedmarketresearch.com/asia-pacific-fish-oil-market <br>Rising concern of chronic diseases such as cardiovascular and eye & joint deterioration is propelling the consumption of omega-3 fish oil in pharmaceutical and supplements & functional food application segments in the region. The Asia Pacific fish oil industry is largely affected by the demand-supply gap, caused by stringent fishing quotas and adverse climatic conditions in the major fish producing countries. However, increasing fish oil production through fish by-products (such as the head, viscera and backbone of the fish) would minimize the demand-supply gap to a certain extent.

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Asia-Pacific Fish Oil Market Size, Share, Industry Trends - 2020

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  1. Asia-Pacific Fish Oil Market Global Opportunity Analysis and Industry Forecasts, 2014 - 2020 Asia-Pacific Fish Oil Market by Species (Anchovy, Mackerel, Sardines, Cod, Herring, Menhaden) and Application (Aquaculture, Salmon & Trout, Marine fish, Crustaceans, Tilapias, Eles, Cyprinids, Animal Nutrition & Pet food, Pharmaceuticals, Supplements & Functional food)

  2. INTRODUCTION • The fish oil produced in Asia-Pacific region is not sufficient enough to meet the market demand. Therefore, most of the fish oil consumed in Asia Pacific market is imported from Latin America and Scandinavia. Therefore, production shortfall occurs in this region directly hampers the Asia Pacific market. • Stringent fishing quotas in major fish oil producing countries like Peru, Chile, Norway, Iceland and Denmark largely limit the market growth and create a concerning demand supply gap. • Rising concern of chronic diseases such as cardiovascular and eye & joint deterioration is propelling the consumption of omega-3 fish oil in pharmaceutical and supplements & functional food application segments in the region. Asia-Pacific Fish Oil Market

  3. Current and Future Market Scenario • Asia-Pacific Fish Oil Market has witnessed moderate growth during the past few years and is expected to grow at a CAGR of 5% during the forecast period. • Asia-Pacific Fish Oil Market is expected to garner $1.5 Billion by 2020. • Salmon and Trout are the two fish species that consumes the largest volume of aqua grade fish oil • Aquaculture application segment accounts for about 2/3rd of the Asia Pacific fish oil market revenue. • Aquaculture application segment consumes about 5/7th of the APAC fish oil market. Asia-Pacific Fish Oil Market

  4. Factors Contributing to Market Growth • Technological advancement in manufacturing areas with a focus on the expansion of its application can be a growth opportunity for Asia-Pacific Fish Oil Market. • Other factors that contribute to market growth are: • Significant growth of aquaculture Industry • Increasing health awareness Asia-Pacific Fish Oil Market

  5. Market Segments Asia-Pacific Fish Oil Market

  6. Region Overview • Geographically, the fish oil market is segmented across China, Japan, Australia, Vietnam, Indonesia, India and rest of APAC. • China accounts for the largest fish oil consumption owing to the high concentration of the aquaculture industry in this region. • Vietnam is among the top crude fish oil suppliers to China • 3/5th of the Asia Pacific fish oil market is captured by China and Japan collectively • A thorough analysis of current and future trends in Asia Pacific fish oil market elucidates the imminent investment pockets in this region. Asia-Pacific Fish Oil Market

  7. Leading Players • Triple Nine A/S and Omega Protein Corporation are primarily focusing on merger and acquisition as key strategies in order to strengthen their presence in potential fish oil markets across Asia Pacific region. • CopeincaAS, Pesquera Diamante S.A, Corpesca SA, TripleNine, Omega Protein Corporation, Arbee and Mukka Sea Foods are key players in this industry. Asia-Pacific Fish Oil Market

  8. Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/asia-pacific-fish-oil-market Follow Us On Asia-Pacific Fish Oil Market

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