Marine Oil Market
Marine Oil Market Forecast, Trend Analysis & Competition Tracking By Product Type (Fish Oil, Algae Oil, Blended Fish Oil), By Processing (Refined Marine Oil, Crude Marine Oil), By End-User (Pharmaceuticals, Aqua Feed) And Regions - Global Market Insights 2022 to 2032
Analysis of Marine Oil market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Marine Oil Market Outlook
The global marine oil market is estimated at USD 1,933.9 Million in 2022 and is forecast to surpass USD 2,802.3 Million by 2032, growing at a CAGR of 3.8% from 2022 to 2032.
| Report Attributes | Details |
|---|---|
| Base Year Value (2021A) | USD 1,859.4 Million |
| Estimated Year Value (2022E) | USD 1,933.9 Million |
| Projected Year Value (2032F) | USD 2,802.3 Million |
| Global Growth Rate (2022 to 2032) | CAGR 3.8% |
| EMEA America Market Share in 2021 | ~38% |
| EMEA Growth Rate (2022 to 2032) | CAGR ~4.4% |
| Collective Value Share (Turkey, China, India) 2022: Top 3 Countries | ~43% |
| Top 5 Companies Market Share in 2021 | ~27% |
| Key Companies Profiled |
China Fishery Group Limited; Clover Corporation Ltd.; Mukka Sea Foods Industries Ltd.; GC Rieber; Arbee; Austral Group; Cellana Inc.; Pesquera Diamante; Pesquera Hayduk; TASA; Solutex Inc.; Evonik Industries; Pharma Marine; TripleNine; Olvea Group; Nissui Group; Other Market Players |
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2017 to 2021 Global Marine Oil Market Outlook in Comparison to 2022 to 2032 Growth Forecast
Marine oil is the widely accepted source of long chain fatty acids like DHA and EPA and are being greatly used in end-use industries of dietary supplements, pharmaceuticals, aquaculture etc. for numerous uses. Marine oil which is extracted from marine sources like fish and algae are a rich source of Omega 3 fatty acids. Their wide application areas are likely to provide a gain of 156 BPS to the marine oil market in coming years.
The rising demand from aquaculture activities and escalating competition in the end-use industries are making the market volatile. Owing to the advancement in technologies, the companies are directing their attention towards sustainable choices of marine oil like algae oil to be used as an aqua feed source in aquaculture activities. These factors are likely to propel marine oil market growth in the positive direction.
Fact.MR projects the marine oil market is expected to witness exhibiting growth at 3.8% CAGR during 2022 and 2032 in comparison to a CAGR of 2.4% with which it grew from 2017 and 2021.
Mounting Demand in End-Use Sectors
Fish oil based pharmaceuticals are giving rise to pharmaceutical grade fish oil as there are no environmental toxins, less fishy odor, and the concentration of fish oil is more as compared to Omega 3 fish oil. This pharmaceutical grade fish oil is being used in several drugs providing enough benefits. This is estimated to support market demand by 1.3X in coming years.
Additionally, the marine oil is being used to cure rheumatoid arthritis and also lowers the chance of cardiovascular diseases, chances of second heart attack etc. The marine oil is greatly demanded in pet food industry capable of providing nutrients to kittens and puppies. Thus, these factors are likely to support marine oil market growth by 1/5th of current levels during forecast years of 2022 to 2032.
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Inclination in Demand for Cosmetic Products Based on Marine Oil to Create Opportunities
Fish oil is greatly used as a potential supplement in cosmetics to enhance skin disorders like allergy, skin cancer, photo aging etc. The marine oil market is expected to include variants of fish oil in cosmetic formulations attributed to rising consumer’s interest in the relationship of fish nutrient and skin protection. Manufacturers too, are utilizing new formulations of oils by introducing unique products such as hair oils, moisturizers, lip balms, beauty creams, etc.
Key manufacturers in the market are investigating generic products based on fish oils to diversify the perception of end-users for cosmetic products. This, is likely to create opportunity for potential cosmetic manufacturers across the globe for more cosmetic and skincare products with improved nutritional values in the market. Thus, these factors are likely to support marine oil market demand by 2.3X over the assessment period of 2022 to 2032.
Wildlife Conservation Policies Impacting Raw Material Supply to Restrict Market Growth
The selective variety of marine life forms have raised concerns of multiple wildlife protection institutions like World Wildlife Fund, claiming to maintain aqua life sustainability. Many countries have even limited extraction of these species and the laws are getting stricter in future. Although, new alternatives like genetically modified plants and algae are appearing in the market, its preferences and impact are unknown amongst consumers.
The regulations have created a gap in the market and consumers have to adapt by either reducing wastage or choosing other alternatives causing contraction in the marine oils market. Thus, restrictions in wildlife conservation is expected to create roadblocks in the market. Thus, this is estimated to restrict market growth by 0.6X over the assessment period of 2022 to 2032.
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Region-wise Insights
Which region accounts for more enhanced demand for Marine Oil Market?
EMEA marine oil market accounts for the largest market share of 38.1%. The region is projected to register a CAGR of 4.4% during the forecast years. The growth is mainly attributed to the consumers inclination from plant based genetically modified oils to algal oil. Consumers are turning vegan and are increasing compassion towards animals, moreover, companies are too focusing on producing algal oil which is a plant-based alternative to fish oil.
Moreover, industry associations like Nordic Centre of Excellence Network in Fishmeal and Fish Oil along with Global Organization for EPA and DHA (GOED) are assisting in the growth of the market through the analysis of conventional and non-conventional methods, thereby strengthening the marine oil market.
What is the market scenario in East Asia and South Asia & Pacific Marine Oil Market?
The East Asia marine oil market holds 15.6% of the overall market share and is projected to grow at a CAGR of 4.5% during the forecast years. The South Asia & Pacific marine oil market holds 21.6% of the overall market share and is projected to register a CAGR of 4.1% over the assessment years.
The rapid growth in aquaculture activities in these regions is supporting market growth. Asia-Pacific consisting of East Asia and South Asia & Pacific is the largest regions in terms of aquaculture producing countries. Companies are shifting to aquaculture by making improvements in marine oil fish breeding technology, animal feeds and nutrition, disease control in aquaculture, and a low impact production system is likely to support market growth in these regions in coming years.
Category-wise Insights
Which product type holds dominant market share and is likely to show higher growth in Marine Oil Market over the assessment period?
The marine oil under product type is segmented into fish oil, algae oil, and blended fish oil. Amongst them, the blended fish oil dominates the market by holding 68.4% of the market share. The segment is projected to grow at a CAGR of 3.9% during the forecast years.
The growth is basically attributed to the benefits offered by blended fish oil, being rich in omega-3 fatty acids. Its benefits of improving cholesterol levels, decreased triglycerides, reduced blood pressure and helpful in preventing plaque are some of the chief factors supporting market growth of the marine oil market in coming years.
However, the other segments of fish oil and algae oil holds 29.1% and 2.5% of the overall marine oil market share and they are projected to register CAGR of 3.4% and 4.2% over the assessment period of 2022-2032.
Which end-user segment is estimated to support market growth in the Marine Oil Market during the forecast period?
Under the end-user segment, the marine oil market is segmented into pharmaceuticals, aqua feed and other segments. The aqua feed leads the market by holding 77.4% of the overall market share and is projected to register 3.8% CAGR during the forecast years of 2022 to 2032.
The growth is attributed to the rise in aquaculture activities globally leading to enhanced demand for marine oil at industrial level. Furthermore, the use of marine oil on different fronts of cosmetics, pet food, and pharmaceuticals is leading to enhanced demand. The demand for healthy food products, using marine oil as a cooking oil or a topping oil is gaining popularity, thereby supporting market growth.
Whilst, the other segments of pharmaceuticals and others segment holds 12.9% and 9.7% of the overall market share. Both these segments are likely to register CAGR of 4.2% and 3.4% over the assessment period.
Competitive Landscape: Top Companies in Marine Oil Market
The global marine oil market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the manufacturing of marine oil.
Fact.MR has provided detailed information about price points of key manufacturers in marine oil market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance:
- Solutex Inc. acquired Virginia Distributor in 2021. This acquisition will aid in maintenance supplies and will enable the company becoming one of the premier companies for facility maintenance supplies
- Evonik Industries in 2020 completed the acquisition of Porocel Group. This acquisition will help Evonik to expand its catalysts portfolio in the absorbents and desulfurization catalysts area, and will accelerate its growth
Global Marine Oil Market by Category
-
By Product Type :
- Fish Oil
- Algae Oil
- Blended Fish Oil
-
By Processing :
- Refined Marine Oil
- Crude Marine Oil
-
By End-User :
- Pharmaceuticals
- Aqua Feed
- Others
-
By Region :
- North America
- Latin America
- EMEA
- East Asia
- South Asia & Pacific
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Market Background
- 5. Value Chain Analysis
- 6. Global Market - Pricing Analysis
- 7. Global Market Value and Volume 2017 to 2021 Analysis and Forecast, 2022 to 2032
- 8. Global Market 2017 to 2021 Analysis and Forecast 2022 to 2032, By Product Type
- 8.1. Fish Oil
- 8.2. Algae Oil
- 8.3. Blended Fish Oil
- 9. Global Market 2017 to 2021 Analysis and Forecast 2022 to 2032, By Processing
- 9.1. Refined Marine Oil
- 9.2. Crude Marine Oil
- 10. Global Market 2017 to 2021 Analysis and Forecast 2022 to 2032, By End-User
- 10.1. Pharmaceuticals
- 10.2. Aqua Feed
- 10.3. Others
- 11. Global Market 2017 to 2021 Analysis and Forecast 2022 to 2032, By Region
- 11.1. North America
- 11.2. Latin America
- 11.3. EMEA
- 11.4. East Asia
- 11.5. South Asia & Pacific
- 12. North America Market 2017 to 2021 Analysis and Forecast 2022 to 2032
- 13. Latin America Market 2017 to 2021 Analysis and Forecast 2022 to 2032
- 14. EMEA Market 2017 to 2021 Analysis and Forecast 2022 to 2032
- 15. East Asia Market 2017 to 2021 Analysis and Forecast 2022 to 2032
- 16. South Asia & Pacific Market 2017 to 2021 Analysis and Forecast 2022 to 2032
- 17. Key Countries Market Analysis 2017 to 2021 Analysis and Forecast 2022 to 2032
- 18. Market Structure Analysis
- 19. Competition Analysis
- 19.1. China Fishery Group Limited
- 19.2. Clover Corporation Ltd.
- 19.3. Mukka Sea Foods Industries Ltd.
- 19.4. GC Rieber
- 19.5. Arbee
- 19.6. Austral Group
- 19.7. Cellana Inc.
- 19.8. Pesquera Diamante
- 19.9. Pesquera Hayduk
- 19.10. TASA
- 19.11. Solutex Inc.
- 19.12. Evonik Industries
- 19.13. Pharma Marine
- 19.14. TripleNine
- 19.15. Olvea Group
- 19.16. Nissui Group
- 19.17. Other Market Players
- 20. Assumptions & Acronyms Used
- 21. Research Methodology
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List Of Table
Table 1: Global Market Value (USD Million) and Forecast by Region, 2017 to 2021
Table 2: Global Market Value (USD Million) and Forecast by Region, 2022 to 2032
Table 3: Global Market Volume (‘000 MT) and Forecast by Region, 2017 to 2021
Table 4: Global Market Volume (‘000 MT) and Forecast by Region, 2022 to 2032
Table 5: Global Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 6: Global Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 7: Global Market Volume (‘000 MT) and Forecast by Product Type, 2017 to 2021
Table 8: Global Market Volume (‘000 MT) and Forecast by Product Type, 2022 to 2032
Table 9: Global Market Value (USD Million) and Forecast by Processing, 2017 to 2021
Table 10: Global Market Value (USD Million) and Forecast by Processing, 2022 to 2032
Table 11: Global Market Volume (‘000 MT) and Forecast by Processing, 2017 to 2021
Table 12: Global Market Volume (‘000 MT) and Forecast by Processing, 2022 to 2032
Table 13: Global Market Value (USD Million) and Forecast by End-User, 2017 to 2021
Table 14: Global Market Value (USD Million) and Forecast by End-User, 2022 to 2032
Table 15: Global Market Volume (‘000 MT) and Forecast by End-User, 2017 to 2021
Table 16: Global Market Volume (‘000 MT) and Forecast by End-User, 2022 to 2032
Table 17: North America Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 18: North America Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 19: North America Market Volume (‘000 MT) and Forecast by Country, 2017 to 2021
Table 20: North America Market Volume (‘000 MT) and Forecast by Country, 2022 to 2032
Table 21: North America Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 22: North America Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 23: North America Market Volume (‘000 MT) and Forecast by Product Type, 2017 to 2021
Table 24: North America Market Volume (‘000 MT) and Forecast by Product Type, 2022 to 2032
Table 25: North America Market Value (USD Million) and Forecast by Processing, 2017 to 2021
Table 26: North America Market Value (USD Million) and Forecast by Processing, 2022 to 2032
Table 27: North America Market Volume (‘000 MT) and Forecast by Processing, 2017 to 2021
Table 28: North America Market Volume (‘000 MT) and Forecast by Processing, 2022 to 2032
Table 29: North America Market Value (USD Million) and Forecast by End-User, 2017 to 2021
Table 30: North America Market Value (USD Million) and Forecast by End-User, 2022 to 2032
Table 31: North America Market Volume (‘000 MT) and Forecast by End-User, 2017 to 2021
Table 32: North America Market Volume (‘000 MT) and Forecast by End-User, 2022 to 2032
Table 33: Latin America Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 34: Latin America Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 35: Latin America Market Volume (‘000 MT) and Forecast by Country, 2017 to 2021
Table 36: Latin America Market Volume (‘000 MT) and Forecast by Country, 2022 to 2032
Table 37: Latin America Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 38: Latin America Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 39: Latin America Market Volume (‘000 MT) and Forecast by Product Type, 2017 to 2021
Table 40: Latin America Market Volume (‘000 MT) and Forecast by Product Type, 2022 to 2032
Table 41: Latin America Market Value (USD Million) and Forecast by Processing, 2017 to 2021
Table 42: Latin America Market Value (USD Million) and Forecast by Processing, 2022 to 2032
Table 43: Latin America Market Volume (‘000 MT) and Forecast by Processing, 2017 to 2021
Table 44: Latin America Market Volume (‘000 MT) and Forecast by Processing, 2022 to 2032
Table 45: Latin America Market Value (USD Million) and Forecast by End-User, 2017 to 2021
Table 46: Latin America Market Value (USD Million) and Forecast by End-User, 2022 to 2032
Table 47: Latin America Market Volume (‘000 MT) and Forecast by End-User, 2017 to 2021
Table 48: Latin America Market Volume (‘000 MT) and Forecast by End-User, 2022 to 2032
Table 49: EMEA Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 50: EMEA Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 51: EMEA Market Volume (‘000 MT) and Forecast by Country, 2017 to 2021
Table 52: EMEA Market Volume (‘000 MT) and Forecast by Country, 2022 to 2032
Table 53: EMEA Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 54: EMEA Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 55: EMEA Market Volume (‘000 MT) and Forecast by Product Type, 2017 to 2021
Table 56: EMEA Market Volume (‘000 MT) and Forecast by Product Type, 2022 to 2032
Table 57: EMEA Market Value (USD Million) and Forecast by Processing, 2017 to 2021
Table 58: EMEA Market Value (USD Million) and Forecast by Processing, 2022 to 2032
Table 59: EMEA Market Volume (‘000 MT) and Forecast by Processing, 2017 to 2021
Table 60: EMEA Market Volume (‘000 MT) and Forecast by Processing, 2022 to 2032
Table 61: EMEA Market Value (USD Million) and Forecast by End-User, 2017 to 2021
Table 62: EMEA Market Value (USD Million) and Forecast by End-User, 2022 to 2032
Table 63: EMEA Market Volume (‘000 MT) and Forecast by End-User, 2017 to 2021
Table 64: EMEA Market Volume (‘000 MT) and Forecast by End-User, 2022 to 2032
Table 65: East Asia Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 66: East Asia Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 67: East Asia Market Volume (‘000 MT) and Forecast by Country, 2017 to 2021
Table 68: East Asia Market Volume (‘000 MT) and Forecast by Country, 2022 to 2032
Table 69: East Asia Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 70: East Asia Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 71: East Asia Market Volume (‘000 MT) and Forecast by Product Type, 2017 to 2021
Table 72: East Asia Market Volume (‘000 MT) and Forecast by Product Type, 2022 to 2032
Table 73: East Asia Market Value (USD Million) and Forecast by Processing, 2017 to 2021
Table 74: East Asia Market Value (USD Million) and Forecast by Processing, 2022 to 2032
Table 75: East Asia Market Volume (‘000 MT) and Forecast by Processing, 2017 to 2021
Table 76: East Asia Market Volume (‘000 MT) and Forecast by Processing, 2022 to 2032
Table 77: East Asia Market Value (USD Million) and Forecast by End-User, 2017 to 2021
Table 78: East Asia Market Value (USD Million) and Forecast by End-User, 2022 to 2032
Table 79: East Asia Market Volume (‘000 MT) and Forecast by End-User, 2017 to 2021
Table 80: East Asia Market Volume (‘000 MT) and Forecast by End-User, 2022 to 2032
Table 81: South Asia & Pacific Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 82: South Asia & Pacific Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 83: South Asia & Pacific Market Volume (‘000 MT) and Forecast by Country, 2017 to 2021
Table 84: South Asia & Pacific Market Volume (‘000 MT) and Forecast by Country, 2022 to 2032
Table 85: South Asia & Pacific Market Value (USD Million) and Forecast by Product Type, 2017 to 2021
Table 86: South Asia & Pacific Market Value (USD Million) and Forecast by Product Type, 2022 to 2032
Table 87: South Asia & Pacific Market Volume (‘000 MT) and Forecast by Product Type, 2017 to 2021
Table 88: South Asia & Pacific Market Volume (‘000 MT) and Forecast by Product Type, 2022 to 2032
Table 89: South Asia & Pacific Market Value (USD Million) and Forecast by Processing, 2017 to 2021
Table 90: South Asia & Pacific Market Value (USD Million) and Forecast by Processing, 2022 to 2032
Table 91: South Asia & Pacific Market Volume (‘000 MT) and Forecast by Processing, 2017 to 2021
Table 92: South Asia & Pacific Market Volume (‘000 MT) and Forecast by Processing, 2022 to 2032
Table 93: South Asia & Pacific Market Value (USD Million) and Forecast by End-User, 2017 to 2021
Table 94: South Asia & Pacific Market Value (USD Million) and Forecast by End-User, 2022 to 2032
Table 95: South Asia & Pacific Market Volume (‘000 MT) and Forecast by End-User, 2017 to 2021
Table 96: South Asia & Pacific Market Volume (‘000 MT) and Forecast by End-User, 2022 to 2032
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List Of Figures
Figure 1: Global Market Value (USD Million) and Volume (‘000 MT) Forecast, 2022 to 2032
Figure 2: Global Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 3: Global Market Value (USD Million) by Region, 2022 & 2032
Figure 4: Global Market Y-o-Y Growth Rate by Region, 2022 to 2032
Figure 5: Global Market Value (USD Million) by Product Type, 2022 & 2032
Figure 6: Global Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 7: Global Market Value (USD Million) by Processing, 2022 & 2032
Figure 8: Global Market Y-o-Y Growth Rate by Processing, 2022 to 2032
Figure 9: Global Market Value (USD Million) by End-User, 2022 & 2032
Figure 10: Global Market Y-o-Y Growth Rate by End-User, 2022 to 2032
Figure 11: North America Market Value (USD Million) and Volume (‘000 MT) Forecast, 2022 to 2032
Figure 12: North America Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 13: North America Market Value (USD Million) by Country, 2022 & 2032
Figure 14: North America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 15: North America Market Value (USD Million) by Product Type, 2022 & 2032
Figure 16: North America Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 17: North America Market Value (USD Million) by Processing, 2022 & 2032
Figure 18: North America Market Y-o-Y Growth Rate by Processing, 2022 to 2032
Figure 19: North America Market Value (USD Million) by End-User, 2022 & 2032
Figure 20: North America Market Y-o-Y Growth Rate by End-User, 2022 to 2032
Figure 21: North America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 22: North America Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 23: North America Market Attractiveness Analysis by Processing, 2022 to 2032
Figure 24: North America Market Attractiveness Analysis by End-User, 2022 to 2032
Figure 25: Latin America Market Value (USD Million) and Volume (‘000 MT) Forecast, 2022 to 2032
Figure 26: Latin America Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 27: Latin America Market Value (USD Million) by Country, 2022 & 2032
Figure 28: Latin America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 29: Latin America Market Value (USD Million) by Product Type, 2022 & 2032
Figure 30: Latin America Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 31: Latin America Market Value (USD Million) by Processing, 2022 & 2032
Figure 32: Latin America Market Y-o-Y Growth Rate by Processing, 2022 to 2032
Figure 33: Latin America Market Value (USD Million) by End-User, 2022 & 2032
Figure 34: Latin America Market Y-o-Y Growth Rate by End-User, 2022 to 2032
Figure 35: Latin America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 36: Latin America Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 37: Latin America Market Attractiveness Analysis by Processing, 2022 to 2032
Figure 38: Latin America Market Attractiveness Analysis by End-User, 2022 to 2032
Figure 39: EMEA Market Value (USD Million) and Volume (‘000 MT) Forecast, 2022 to 2032
Figure 40: EMEA Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 41: EMEA Market Value (USD Million) by Country, 2022 & 2032
Figure 42: EMEA Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 43: EMEA Market Value (USD Million) by Product Type, 2022 & 2032
Figure 44: EMEA Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 45: EMEA Market Value (USD Million) by Processing, 2022 & 2032
Figure 46: EMEA Market Y-o-Y Growth Rate by Processing, 2022 to 2032
Figure 47: EMEA Market Value (USD Million) by End-User, 2022 & 2032
Figure 48: EMEA Market Y-o-Y Growth Rate by End-User, 2022 to 2032
Figure 49: EMEA Market Attractiveness Analysis by Country, 2022 to 2032
Figure 50: EMEA Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 51: EMEA Market Attractiveness Analysis by Processing, 2022 to 2032
Figure 52: EMEA Market Attractiveness Analysis by End-User, 2022 to 2032
Figure 53: East Asia Market Value (USD Million) and Volume (‘000 MT) Forecast, 2022 to 2032
Figure 54: East Asia Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 55: East Asia Market Value (USD Million) by Country, 2022 & 2032
Figure 56: East Asia Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 57: East Asia Market Value (USD Million) by Product Type, 2022 & 2032
Figure 58: East Asia Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 59: East Asia Market Value (USD Million) by Processing, 2022 & 2032
Figure 60: East Asia Market Y-o-Y Growth Rate by Processing, 2022 to 2032
Figure 61: East Asia Market Value (USD Million) by End-User, 2022 & 2032
Figure 62: East Asia Market Y-o-Y Growth Rate by End-User, 2022 to 2032
Figure 63: East Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 64: East Asia Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 65: East Asia Market Attractiveness Analysis by Processing, 2022 to 2032
Figure 66: East Asia Market Attractiveness Analysis by End-User, 2022 to 2032
Figure 67: South Asia & Pacific Market Value (USD Million) and Volume (‘000 MT) Forecast, 2022 to 2032
Figure 68: South Asia & Pacific Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 69: South Asia & Pacific Market Value (USD Million) by Country, 2022 & 2032
Figure 70: South Asia & Pacific Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 71: South Asia & Pacific Market Value (USD Million) by Product Type, 2022 & 2032
Figure 72: South Asia & Pacific Market Y-o-Y Growth Rate by Product Type, 2022 to 2032
Figure 73: South Asia & Pacific Market Value (USD Million) by Processing, 2022 & 2032
Figure 74: South Asia & Pacific Market Y-o-Y Growth Rate by Processing, 2022 to 2032
Figure 75: South Asia & Pacific Market Value (USD Million) by End-User, 2022 & 2032
Figure 76: South Asia & Pacific Market Y-o-Y Growth Rate by End-User, 2022 to 2032
Figure 77: South Asia & Pacific Market Attractiveness Analysis by Country, 2022 to 2032
Figure 78: South Asia & Pacific Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 79: South Asia & Pacific Market Attractiveness Analysis by Processing, 2022 to 2032
Figure 80: South Asia & Pacific Market Attractiveness Analysis by End-User, 2022 to 2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the global Marine Oil Market scenario?
The global value of marine oil market is estimated to be worth over USD 1,933.9 Million in 2022.
How far is the global demand expected to reach over the forecasted period?
The demand is anticipated to surpass USD 2,802.3 Million by 2032 end.
What was the last 5-year CAGR for the demand in the Marine Oil Market?
During 2017-2021, global marine oil market grew at 2.4% CAGR.
Who are the prominent players in the global Marine Oil Market?
Some of the prominent players in marine oil market are China Fishery Group Limited, Clover Corporation Ltd., Mukka Sea Foods Industries Ltd., Austral Group, Cellana Inc., Evonik Industries, etc.
Which is the most leading region in the Marine Oil Market?
EMEA tops the global marine oil market accounting for 38.1% of global market share in 2022.
Which product type contributes maximum share in Marine Oil Sales?
Blended fish oil in marine oil under the product type contributes 68.4% of market share in global sales of marine oil.
Marine Oil Market