The global shark liver oil market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Shark liver oil is a rich source of vitamin A with a pungent aroma and taste. Its color usually ranges from a dark yellow to different shades of brown. It comprises squalene, omega-3 polyunsaturated fatty acids (PUFAs) and alpha-ketoglutarate (AKG), which boosts the immune system, improves fertility as well as heart and skin health, and helps in the treatment of cancer. At present, it is available in liquid or a capsule form and widely utilized in the production of skin care and other personal care products.
Due to its anti-depressive, anti-psychotic, anti-Parkinson and anti-Alzheimer properties, shark liver oil is widely consumed as a dietary supplement by health-conscious individuals. It is also used to prevent radiation illness, common cold, and swine flu, and bacterial and fungal infections. Moreover, as shark liver oil aids in improving vascular health and lowering muscle wasting, it is utilized to support the immune system of females during pregnancy. Furthermore, it is used as a fuel in street lamps and a lubricant in the textile industry. Besides this, shark liver oil is rich in squalene, which is used as a bactericide in the production of chemicals, pharmaceuticals, aromatics, rubber, artificial silk, organic color matter, and surface-active agents. It is also being adopted as an antioxidant, chemo-preventive agent, and immune system restorer. Therefore, a considerable rise in the demand for squalene across various end use industries is positively influencing the growth of the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the global shark liver oil market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, type, application and distribution channel.
Breakup by Type:
Breakup by Application:
Breakup by Distribution Channel:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Arbee Biomarine Extracts Pvt Ltd, Bawa Fishmeal & Oil Co., EGAO Co. Ltd., KISHIMOTO SPECIAL LIVER OIL CO., Lýsi hf and Norwegian Fish Oil AS.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, Application, Distribution Channel, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Arbee Biomarine Extracts Pvt Ltd, Bawa Fishmeal & Oil Co., EGAO Co. Ltd., KISHIMOTO SPECIAL LIVER OIL CO., Lýsi hf and Norwegian Fish Oil AS.|
|Customization Scope||10% Free Customization|
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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