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According to the latest report by IMARC Group, titled “Fish Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global fish oil market is expected to exhibit a CAGR of 6.5% during 2022-2027. Fish oil is obtained from fatty fish species like carp, tuna, herring, mackerel, anchovies, and sardines. It is a rich source of vitamin A, D and omega-3 fatty acids, which assist in reducing high blood pressure, boosting metabolism, lowering the risk of cardiovascular diseases and improving skin health. As its consumption also supports weight loss and improves the symptoms of depression, its demand is escalating around the world.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Fish Oil Market Trends:
Fish oil is widely utilized as an essential ingredient in several dietary supplements and functional food products and beverages. This, in confluence with the rising prevalence of cardiovascular ailments and obesity across the globe, represents one of the key factors propelling the growth of the market. Apart from this, fish oil is used in the production of pharmaceutical products around the world. Additionally, it is employed in numerous personal care products for treating dermatological disorders, including wrinkles, pigmentation, and dark circles. The market is also driven by extensive utilization of fish oil as a feed additive to enhance animal growth and control outbreaks of various diseases.
Market Summary:
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