GITNUX MARKETDATA REPORT 2024

Fish Oil Industry Statistics

The global fish oil industry is expected to reach a market size of over $4.5 billion by 2025, with strong growth driven by increasing consumer awareness of the health benefits of omega-3 fatty acids.

Statistic 1

"The Peruvian anchovy industry is the largest supplier for fish oil production globally."

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Statistic 2

"Approximately 71% of the fish oil produced globally is consumed in aquaculture."

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Statistic 3

"Norway is the largest producer of fish oil, contributing about 29% of the global supply."

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Statistic 4

"Demand for omega-3 supplements drives over 45% of the fish oil market."

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Statistic 5

"Fish oil imports to China grew by 8% annually over the past five years."

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Statistic 6

"Europe held a 38% share of the global fish oil market in 2020."

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Statistic 7

"Chile is the second-largest exporter of fish oil, after Norway."

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Statistic 8

"The human consumption segment of the fish oil market is expected to grow at a CAGR of 5.5%."

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Statistic 9

"The retail sales of fish oil products in Europe reached USD 1 billion in 2021."

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Statistic 10

"The livestock supplements segment constituted 18% of the total fish oil market in 2020."

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Statistic 11

"Fish oil derived from anchovies dominates the market by sourcing over 60% of production."

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Statistic 12

"The fish oil market in the Asia Pacific is expected to grow at a CAGR of 6.4% from 2021 to 2028."

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Statistic 13

"The global fish oil market is expected to reach USD 4.08 billion by 2025."

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Statistic 14

"Vitamin E-enriched fish oil supplements are forecasted to grow in popularity at a 5.5% CAGR."

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Statistic 15

"The U.S. accounts for nearly 17% of global fish oil consumption."

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Statistic 16

"Fish oil supplementation has been linked to a 15% reduction in cardiovascular disease risk."

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Statistic 17

"Australia’s fish oil market is expected to grow at a 4.9% CAGR from 2020 to 2027."

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Statistic 18

"Fish oil prices are projected to increase by 3% annually due to rising demand."

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Statistic 19

"The pharmaceutical application of fish oil is anticipated to grow at a 6.7% CAGR by 2025."

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Statistic 20

"Fish oil production from salmon accounts for 12% of the total market."

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