The global Crude Fish Oil Market Comprehensive Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Type (Salmon and Trout, Marine Fish, Carps, Tilapias, Others), By Application (Aquaculture, Direct Human Consumption, Others)
In 2024, the Crude Fish Oil market is witnessing significant growth, driven by the increasing demand for omega-3 rich ingredients in the food, dietary supplements, and animal feed industries. Crude fish oil, extracted from fish such as anchovies, sardines, and mackerel, is valued for its high content of EPA and DHA omega-3 fatty acids. The market is supported by the growing awareness of the health benefits of omega-3s. Advances in fish oil extraction and refining technologies are enhancing the quality, purity, and sustainability of crude fish oil. The market is also benefiting from the trend towards clean-label and sustainably sourced ingredients, appealing to health-conscious and environmentally aware consumers.
The market report analyses the leading companies in the industry including Animalfeeds International, Austevoll Seafood ASA, Camanchaca, China Fishery Group, COPEINCA, CV. Sari LautJaya, Eskja, FF Skagen A/S, Havsbrún, HB Grandi, KoByalar Group, Nissui Group, Oceana Group, OLVEA Fish Oils, Omega Protein Corp, Orizon SA, Pesquera Diamante S.A., Pesquera Pacific Star, Pioneer Fishing, TripleNine Group, and Others.
One prominent market trend in the crude fish oil market is the growing demand for omega-3 fatty acids. As consumers become more aware of the health benefits associated with omega-3s, such as cardiovascular health, brain function, and inflammation reduction, there is an increasing preference for products rich in these essential fatty acids. Crude fish oil, being a natural source of omega-3s, is experiencing heightened demand in various health and nutrition applications.
A significant market driver for crude fish oil is the expansion of the nutraceutical and dietary supplement industry. With a growing focus on preventive healthcare and wellness, consumers are turning to supplements that offer nutritional support and health benefits. Crude fish oil serves as a key ingredient in omega-3 supplements, driving the demand for this raw material among supplement manufacturers and pharmaceutical companies.
An exciting potential opportunity in the crude fish oil market lies in sustainable sourcing and eco-friendly practices. With increasing concerns about overfishing and environmental sustainability, there is a growing demand for responsibly sourced fish oil products. Companies that prioritize sustainable fishing practices, use traceable supply chains, and invest in eco-friendly production methods can differentiate themselves in the market, appeal to environmentally conscious consumers, and potentially access premium market segments willing to pay a premium for sustainable products.
The Salmon and Trout segment is a prominent and rapidly growing part of the Crude Fish Oil Market. This segment's growth is primarily driven by the increasing demand for omega-3 fatty acids, which are abundant in salmon and trout oils. These fish oils are highly sought after for their health benefits, including improving cardiovascular health, boosting brain function, and reducing inflammation. Additionally, the rising popularity of salmon and trout in Western diets, coupled with growing health consciousness among consumers worldwide, fuels the demand for these fish oils. The aquaculture industry's expansion, especially in regions like Norway, Chile, and Canada, also supports this trend as these countries are major producers of salmon and trout. This growth is further bolstered by technological advancements in fish oil extraction and processing, which improve yield and quality, making salmon and trout oil more accessible to global markets.
The Aquaculture segment is anticipated to be the fastest-growing in the Crude Fish Oil Market by 2032. This growth is driven by the increasing global demand for seafood coupled with a decline in natural fish stocks, which elevates the importance of aquaculture as a sustainable method for meeting seafood needs. Fish oil is essential in aquaculture for the development of feed formulations that enhance the growth, health, and quality of farmed fish. The rising focus on the nutritional value of fish, especially in diets rich in omega-3 fatty acids, further underscores the importance of high-quality fish oil in aquaculture feeds. Further, advancements in aquaculture practices, including precision aquaculture technologies, are optimizing feed utilization rates and improving the sustainability of fish farming operations. As consumer preferences shift towards more sustainable and ethically produced seafood, the demand for aquaculture products that rely heavily on crude fish oil is expected to surge, significantly contributing to the segment's growth.
By Type
Salmon and Trout
Marine Fish
Carps
Tilapias
Others
By Application
Aquaculture
Direct Human Consumption
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Animalfeeds International
Austevoll Seafood ASA
Camanchaca
China Fishery Group
COPEINCA
CV. Sari LautJaya
Eskja
FF Skagen A/S
Havsbrún
HB Grandi
KoByalar Group
Nissui Group
Oceana Group
OLVEA Fish Oils
Omega Protein Corp
Orizon SA
Pesquera Diamante S.A.
Pesquera Pacific Star
Pioneer Fishing
TripleNine Group
*- List Not Exhaustive
Chapter 1. TABLE OF CONTENTS
Chapter 2. Introduction to Crude Fish Oil Market
2.1. Market Overview
2.2. Key Statistics and Report Highlights
2.3. Scope of the Comprehensive Study
2.3.1. Market Definition
2.3.2 Countries and Regions Covered
2.3.3 Research Objective
2.3.4 Units, Currency, and Conversions
2.3.5 Industry Value Chain
2.4. Key Market Segments
2.5. Key Companies
2.6. Study Period
Chapter 3. Strategic Analysis Review
3.1. Crude Fish Oil Pricing Analysis and Forecast
3.2. Porter’s Five Forces
3.3. Market Ecosystem
3.4. SWOT Analysis
3.5. Regulatory Scenario
3.3. Effects of Inflation, Russia-Ukraine War, moderating economic growth, and other macroeconomic factors
Chapter 4. Competitive Landscape
4.1. Market Share Analysis
4.1.1. Global Crude Fish Oil Market Share by Company, 2023
4.1.2. Product Offerings of Leading Crude Fish Oil Companies
4.2. Market Entropy
4.2.1. New Product Launches in the Industry
4.2.2. Mergers, Acquisitions, Joint ventures, and Partnerships
4.3. Key Strategies and Best Practices
Chapter 5. Global Market Projections: Best, Reference, and Low Case Scenarios
5.1. Growth Analysis- Case Scenario Definitions
5.2. Low Growth Case Scenario Forecasts
5.3. Reference Growth Case Scenario Forecasts
5.4. High Growth Case Scenario Forecasts
Chapter 6. Market Dynamics
6.1. Crude Fish Oil Market Drivers
6.2. Crude Fish Oil Market Challenges
6.6. Crude Fish Oil Market Opportunities
6.4. Crude Fish Oil Market Trends
Chapter 7. Global Crude Fish Oil Market Outlook Trends
7.1. Global Crude Fish Oil Revenue (USD Million) and CAGR (%) by Type (2021-2032)
7.2. Global Crude Fish Oil Revenue (USD Million) and CAGR (%) by Application (2021-2032)
7.3. Global Crude Fish Oil Revenue (USD Million) and CAGR (%) by Product (2021-2032)
By Type
Salmon and Trout
Marine Fish
Carps
Tilapias
Others
By Application
Aquaculture
Direct Human Consumption
Others
Chapter 8. Global Crude Fish Oil Regional Analysis and Outlook
8.1. Global Crude Fish Oil Revenue (USD Million) By Regions (2021- 2032)
8.2. North America Crude Fish Oil Revenue (USD Million) by Country (2021-2032)
8.2.1. United States Crude Fish Oil Regional Analysis and Outlook
8.2.2. Canada Crude Fish Oil Regional Analysis and Outlook
8.2.3. Mexico Crude Fish Oil Regional Analysis and Outlook
8.3. Europe Crude Fish Oil Revenue (USD Million), by Country (2021-2032)
8.3.1. Germany Crude Fish Oil Regional Analysis and Outlook
8.3.2. France Crude Fish Oil Regional Analysis and Outlook
8.3.3. United Kingdom Crude Fish Oil Regional Analysis and Outlook
8.3.4. Spain Crude Fish Oil Regional Analysis and Outlook
8.3.5. Italy Crude Fish Oil Regional Analysis and Outlook
8.3.6. Russia Crude Fish Oil Regional Analysis and Outlook
8.3.7. Rest of Europe Crude Fish Oil Regional Analysis and Outlook
8.4. Asia Pacific Crude Fish Oil Revenue (USD Million) by Country (2021-2032)
8.4.1. China Crude Fish Oil Regional Analysis and Outlook
8.4.2. Japan Crude Fish Oil Regional Analysis and Outlook
8.4.3. India Crude Fish Oil Regional Analysis and Outlook
8.4.4. South Korea Crude Fish Oil Regional Analysis and Outlook
8.4.5. Australia Crude Fish Oil Regional Analysis and Outlook
8.4.6. South East Asia Crude Fish Oil Regional Analysis and Outlook
8.4.7. Rest of Asia Pacific Crude Fish Oil Regional Analysis and Outlook
8.5. South America Crude Fish Oil Revenue (USD Million), by Country (2021-2032)
8.5.1. Brazil Crude Fish Oil Regional Analysis and Outlook
8.5.2. Argentina Crude Fish Oil Regional Analysis and Outlook
8.5.3. Rest of South America Crude Fish Oil Regional Analysis and Outlook
8.6. Middle East and Africa Crude Fish Oil Revenue (USD Million) by Country (2021-2032)
8.6.1. Middle East Crude Fish Oil Regional Analysis and Outlook
8.6.2. Africa Crude Fish Oil Regional Analysis and Outlook
Chapter 9. North America Crude Fish Oil Analysis and Outlook
9.1. North America Crude Fish Oil Revenue (USD Million) by Segments (2021-2032)
9.1.1. North America Crude Fish Oil Revenue (USD Million) by Type (2021-2032)
9.1.2. North America Crude Fish Oil Revenue (USD Million) by Application (2021-2032)
9.1.3. North America Crude Fish Oil Revenue (USD Million) by Product (2021-2032)
By Type
Salmon and Trout
Marine Fish
Carps
Tilapias
Others
By Application
Aquaculture
Direct Human Consumption
Others
Chapter 10. Europe Crude Fish Oil Analysis and Outlook
10.1. Europe Crude Fish Oil Revenue (USD Million), by Segments (USD Million) (2021-2032)
10.1.1. Europe Crude Fish Oil Revenue (USD Million) by Type (2021-2032)
10.1.2. Europe Crude Fish Oil Revenue (USD Million) by Application (2021-2032)
10.1.3. Europe Crude Fish Oil Revenue (USD Million) by Product (2021-2032)
By Type
Salmon and Trout
Marine Fish
Carps
Tilapias
Others
By Application
Aquaculture
Direct Human Consumption
Others
Chapter 11. Asia Pacific Crude Fish Oil Analysis and Outlook
11.1. Asia Pacific Crude Fish Oil Revenue (USD Million), and Revenue (USD Million) by Segments (2021-2032)
11.1.1. Asia Pacific Crude Fish Oil Revenue (USD Million) by Type (2021-2032)
11.1.2. Asia Pacific Crude Fish Oil Revenue (USD Million) by Application (2021-2032)
11.1.3. Asia Pacific Crude Fish Oil Revenue (USD Million) by Product (2021-2032)
By Type
Salmon and Trout
Marine Fish
Carps
Tilapias
Others
By Application
Aquaculture
Direct Human Consumption
Others
Chapter 12. South America Crude Fish Oil Analysis and Outlook
12.1. South America Crude Fish Oil Revenue (USD Million), by Segments (2021-2032)
12.1.1. South America Crude Fish Oil Revenue (USD Million) by Type (2021-2032)
12.1.2. South America Crude Fish Oil Revenue (USD Million) by Application (2021-2032)
12.1.3. South America Crude Fish Oil Revenue (USD Million) by Product (2021-2032)
By Type
Salmon and Trout
Marine Fish
Carps
Tilapias
Others
By Application
Aquaculture
Direct Human Consumption
Others
Chapter 13. Middle East and Africa Crude Fish Oil Analysis and Outlook
13.1. Middle East and Africa Crude Fish Oil Revenue (USD Million), by Segments (2021-2032)
13.1.1. Middle East and Africa Crude Fish Oil Revenue (USD Million) by Type (2021-2032)
13.1.2. Middle East and Africa Crude Fish Oil Revenue (USD Million) by Application (2021-2032)
13.1.3. Middle East and Africa Crude Fish Oil Revenue (USD Million) by Product (2021-2032)
By Type
Salmon and Trout
Marine Fish
Carps
Tilapias
Others
By Application
Aquaculture
Direct Human Consumption
Others
Chapter 14. Crude Fish Oil Company Profiles
14.1 Business Overview
14.2 Product Profiles
14.3 SWOT Profiles
14.5 Recent Developments
14.6 Financial Profile
List of Companies
Animalfeeds International
Austevoll Seafood ASA
Camanchaca
China Fishery Group
COPEINCA
CV. Sari LautJaya
Eskja
FF Skagen A/S
Havsbrún
HB Grandi
KoByalar Group
Nissui Group
Oceana Group
OLVEA Fish Oils
Omega Protein Corp
Orizon SA
Pesquera Diamante S.A.
Pesquera Pacific Star
Pioneer Fishing
TripleNine Group
15. Methodology and Data Sources
15.1 Customization Offerings
15.2 Subscription Services
15.3 Related Reports
15.4 Publisher Expertise
LIST OF TABLES
Table 1 Market Segmentation Analysis
Table 2 Global Crude Fish Oil Market Share of Leading Companies, 2023
Table 3 Product Offerings of Leading Companies
Table 4 Low Growth Scenario Forecasts
Table 5 Reference Case Growth Scenario
Table 6 High Growth Case Scenario
Table 7 Global Crude Fish Oil Revenue (USD Million) And CAGR (%) By Type (2021-2032)
Table 8 Global Crude Fish Oil Revenue (USD Million) And CAGR (%) By Application (2021-2032)
Table 9 Global Crude Fish Oil Revenue (USD Million) And CAGR (%) By Product (2021-2032)
Table 10 Global Crude Fish Oil Market Revenue (USD Million) By Regions (2021-2032)
Table 11 Global Crude Fish Oil Market Share (%) By Regions (2021-2032)
Table 12 North America Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Table 13 Europe Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Table 14 Asia Pacific Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Table 15 South America Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Table 16 Middle East and Africa Crude Fish Oil Revenue (USD Million) By Region (2021-2032)
Table 17 North America Crude Fish Oil Revenue (USD Million) By Type (2021-2032)
Table 18 North America Crude Fish Oil Revenue (USD Million) By Application (2021-2032)
Table 19 North America Crude Fish Oil Revenue (USD Million) By Product (2021-2032)
Table 20 Europe Crude Fish Oil Revenue (USD Million) By Type (2021-2032)
Table 21 Europe Crude Fish Oil Revenue (USD Million) By Application (2021-2032)
Table 22 Europe Crude Fish Oil Revenue (USD Million) By Product (2021-2032)
Table 23 Asia Pacific Crude Fish Oil Revenue (USD Million) By Type (2021-2032)
Table 24 Asia Pacific Crude Fish Oil Revenue (USD Million) By Application (2021-2032)
Table 25 Asia Pacific Crude Fish Oil Revenue (USD Million) By Product (2021-2032)
Table 26 South America Crude Fish Oil Revenue (USD Million) By Type (2021-2032)
Table 27 South America Crude Fish Oil Revenue (USD Million) By Application (2021-2032)
Table 28 South America Crude Fish Oil Revenue (USD Million) By Product (2021-2032)
Table 29 Middle East and Africa Crude Fish Oil Revenue (USD Million) By Type (2021-2032)
Table 30 Middle East and Africa Crude Fish Oil Revenue (USD Million) By Application (2021-2032)
Table 31 Middle East and Africa Crude Fish Oil Revenue (USD Million) By Product (2021-2032)
LIST OF FIGURES
Figure 1. Market Scope
Figure 2. Pricing Forecasts Per Unit, 2023- 2032
Figure 3. Porter’s Five Forces
Figure 4. Global Crude Fish Oil Market Revenue (USD Million) By Regions (2021-2032)
Figure 5. Global Crude Fish Oil Market Share (%) By Regions (2023)
Figure 6. North America Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 7. United States Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 8. Canada Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 9. Mexico Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 10. Europe Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 11. Germany Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 12. France Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 13. United Kingdom Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 14. Spain Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 15. Italy Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 16. Russia Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 17. Rest of Europe Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 11. Asia Pacific Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 12. China Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 13. Japan Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 14. India Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 15. South Korea Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 16. Australia Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 17. South East Asia Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 18. South America Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 19. Brazil Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 20. Argentina Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 21. Rest of Asia Pacific Crude Fish Oil Revenue (USD Million) By Country (2021-2032)
Figure 22. Middle East and Africa Crude Fish Oil Revenue (USD Million) By Region (2021-2032)
Figure 23. Saudi Arabia Crude Fish Oil Revenue (USD Million) By Region (2021-2032)
Figure 24. The UAE Crude Fish Oil Revenue (USD Million) By Region (2021-2032)
Figure 25. Rest of Middle East Crude Fish Oil Revenue (USD Million) By Region (2021-2032)
Figure 26. South Africa Crude Fish Oil Revenue (USD Million) By Region (2021-2032)
Figure 27. Africa Crude Fish Oil Revenue (USD Million) By Region (2021-2032)
Figure 28. North America Crude Fish Oil Revenue (USD Million) By Type (2021-2032)
Figure 29. North America Crude Fish Oil Revenue (USD Million) By Application (2021-2032)
Figure 30. North America Crude Fish Oil Revenue (USD Million) By Product (2021-2032)
Figure 31. Europe Crude Fish Oil Revenue (USD Million) By Type (2021-2032)
Figure 32. Europe Crude Fish Oil Revenue (USD Million) By Application (2021-2032)
Figure 33. Europe Crude Fish Oil Revenue (USD Million) By Product (2021-2032)
Figure 34. Asia Pacific Crude Fish Oil Revenue (USD Million) By Type (2021-2032)
Figure 35. Asia Pacific Crude Fish Oil Revenue (USD Million) By Application (2021-2032)
Figure 36. Asia Pacific Crude Fish Oil Revenue (USD Million) By Product (2021-2032)
Figure 37. South America Crude Fish Oil Revenue (USD Million) By Type (2021-2032)
Figure 38. South America Crude Fish Oil Revenue (USD Million) By Application (2021-2032)
Figure 39. South America Crude Fish Oil Revenue (USD Million) By Product (2021-2032)
Figure 40. Middle East and Africa Crude Fish Oil Revenue (USD Million) By Type (2021-2032)
Figure 41. Middle East and Africa Crude Fish Oil Revenue (USD Million) By Application (2021-2032)
Figure 42. Middle East and Africa Crude Fish Oil Revenue (USD Million) By Product (2021-2032)
By Type
Salmon and Trout
Marine Fish
Carps
Tilapias
Others
By Application
Aquaculture
Direct Human Consumption
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Crude Fish Oil Market Size is valued at $XX Million in 2024 and is forecast to register a growth rate (CAGR) of 6.9% to reach $XX Million by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Animalfeeds International, Austevoll Seafood ASA, Camanchaca, China Fishery Group, COPEINCA, CV. Sari LautJaya, Eskja, FF Skagen A/S, Havsbrún, HB Grandi, KoByalar Group, Nissui Group, Oceana Group, OLVEA Fish Oils, Omega Protein Corp, Orizon SA, Pesquera Diamante S.A., Pesquera Pacific Star, Pioneer Fishing, TripleNine Group
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume