Global,Fish,Oil,Market,Progres business, insurance Global Fish Oil Market to Progress at 4.8% CAGR from 2014 to
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Zion Research has published a new report titled “Fish Oil (Anchovy, Mackerel, Sardines, Cod, Herring, Menhaden, Others) Market for Aquaculture, Animal Nutrition & Pet, Food, Pharmaceuticals Supplement & Functional Food and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020.” According to the report, the global fish oil market accounted for USD 2.22 Billion in 2014 and is expected to reach USD 2.93 Billion by 2020, growing at a CAGR of around 4.8% between 2015 and 2020. Fish oil plays an important role in prepared diets for carnivorous and omnivorous aquaculture species. The growing aquaculture industry and the consequent demand for fish oil is expected to drive the demand for fish oil in the aquaculture industry within the forecast period. Furthermore, the increasing awareness on the usage of omega 3 acid owing to its growing health benefits is expected to augment the demand for fish oil in the years to come. However, frequency and intensity of extreme climatic changes coupled with huge gap between world demand for fish and the actual harvest from the world’s natural stocks is expected to curb the growth of fish oil market over the years.Browse the full report at http://www.marketresearchstore.com/report/fish-oil-market-z60706Anchovy segment dominated the fish oil market with over 30% share of total volume consumption in 2014. These fish contain oil that is highly concentrated with healthy fats, primarily polyunsaturated fatty acids called omega-3 fatty acids. Sardine segment is another leading segment accounted for over 12% share of total market share in 2014. Cod and herring segments are expected to experience significant growth within the forecast period.Aquaculture emerged as the leading application segment by accounting for over 65% of the global volume in 2014. Fish oils are widely used in aquaculture as fish nutrition or fish feed. Aquaculture segment is expected to continue its dominance over the forecast period. Pharmaceutical application segment held 9.68% share of the overall market consumption in 2014 and expected to witness the significant growth in the years to comes on account of increasing health awareness among people. Supplement and functional food is another key outlet of fish oil market.Get sample report@ http://www.marketresearchstore.com/report/fish-oil-market-z60706#RequestSampleIn terms of geography, Europe was the largest market for fish oil in the world due to the increasing demand from aquaculture industry. In terms of volume, Europe accounted for over 42% share of total fish oil market in 2014. Moreover, fish oil market has huge opportunity in the emerging markets of Asia Pacific due to increasing population in this region.Some of the key players include in fish oil market such as TASA, Omega Protein Corporation, Copeinca AS, Corpesca SA, FMC Corporation, TripleNine, Pesquera Diamante S.A, Marvesa Holding N.V., Pesquera Exalmar, FF Skagen A/S and Colpex international.This report segments the global fish oil market as follows:Global Fish oil Market: Type Segment AnalysisAnchovyMackerelSardinesCodHerringMenhadenOthersGlobal Fish oil Market: Application Segment AnalysisAquacultureAnimal Nutrition & Pet FoodPharmaceuticalsSupplement & Functional FoodOthersGlobal Fish oil Market: Regional Segment AnalysisNorth AmericaUSCanadaMexicoEuropeDenmarkNorwayBelgiumAsia PacificChinaJapanAustraliaVietnamIndonesiaLatin America And Middle East & Africa (LAMEA)PeruChile Contact US:Joel John3422 SW 15 Street,Suit #8138Deerfield Beach,Florida 33442United StatesToll Free: +1-855-465-4651 (USA-CANADA)Tel: +1-386-310-3803Email: [email protected]: http://www.marketresearchstore.com
Global,Fish,Oil,Market,Progres