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Europe Fish Oil Market Forecast 2021-2028

The Europe fish oil market is expected to grow with a CAGR of 4.39% and 5.97%, in terms of volume and revenue, respectively, over the forecast period of 2021 to 2028. The growing health awareness among consumers, the augmenting aquaculture sector, and the increased human and animal nutrition applications, primarily fuel the region's market growth.

The Europe fish oil market growth is assessed by evaluating Germany, the United Kingdom, Belgium, Norway, Denmark, and the rest of Europe. Belgium is among the significant fish oil consumers in Europe. The Superior Health Council of Belgium recommends the intake of docosahexaenoic acids (DHA) and eicosapentaenoic acids (EPA), especially for the country's chronic disease patients, pregnant and nursing women, and the general adult populace. Similarly, the government's advocacy regarding omega-3 fatty-acid, leads to the increased use of omega-3 fish oil in Belgian markets like, pharmaceutical, functional food, and supplements.
Fish oil is also consumed in several other European nations, including France, Italy, Iceland, and Spain. In this regard, the growing health awareness about chronic conditions results in the ever-increasing consumption of omega-3 fish oil, particularly in these developed countries.
Iceland is among the leading fish oil manufacturers and consumers, worldwide. The majority of the fish oil produced in the country is mainly exported to Norway, and entails cod liver oil, salmon oil, tuna oil, krill oil, and shark liver oil. Therefore, these factors are set to propel the market growth in Europe, over the forecast period.

Some of the distinguished companies operating in the market are, FF Skagen A/S, TripleNine Group A/S, Marvesha Holdings NV, Croda International PLC, etc.

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Europe Fish Oil Market Forecast 2021-2028
Published By :Inkwood Research
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