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Europe Krill Oil Market Size, Share & Trends Analysis Report By Product Type (Liquid, Softgels and Capsules), By Application, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 83 Pages
  • April 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5006146
The Europe Krill Oil Market would witness market growth of 10.5% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Krill Oil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $123 million by 2031. The UK market is exhibiting a CAGR of 9.5% during (2024 - 2031). Additionally, The France market would experience a CAGR of 11.4% during (2024 - 2031).



The oil has strong anti-inflammatory properties, making it effective in reducing joint pain and stiffness associated with conditions like arthritis. Omega-3 fatty acids in oil may help protect joint cartilage and slow the progression of osteoarthritis. Krill may help reduce the signs of aging, including wrinkles, fine lines, and age spots, by promoting skin hydration and elasticity. The oil may help reduce the signs of aging, including wrinkles.

Omega-3 fatty acids in oil may help reduce the risk of age-related macular degeneration (AMD), a leading cause of vision loss in older adults. Krill supplements may help relieve symptoms of dry eye syndrome by reducing inflammation and improving tear production. Omega-3 fatty acids are essential for fetal brain and eye development during pregnancy. Omega-3 fatty acids may help reduce the risk of preterm birth and improve birth outcomes.

Krill supplements are available in traditional retail channels such as pharmacies, health food stores, and supermarkets across the UK. According to data from the United Kingdom Government, the country is well-known for its traditional and contemporary food and drink options. The food and drink industry in the United Kingdom is the largest manufacturing sector in the nation, with a turnover of £104.4 billion. There is a growing demand in the UK for functional foods and supplements that offer specific health benefits beyond basic nutrition. The supplements are increasingly popular among consumers in the UK who are looking to support heart health, brain function, joint health, and overall vitality. Thus, all these factors will uplift the regional market’s expansion in the coming years.

Based on Product Type, the market is segmented into Liquid, Softgels and Capsules. Based on Application, the market is segmented into Dietary Supplements, Animal Food & Pet Food, Functional Food & Beverages, Pharmaceuticals and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

  • Fuji Chemical Industries Co., Ltd.
  • Aker BioMarine AS
  • Nutrigold Inc.
  • NWC Naturals, Inc.
  • Coastside Bio Resources
  • Nutracode LLC
  • Schiff Nutrition International, Inc. (Reckitt Benckiser Group plc)
  • Quingdao Kangjing Marine Biotechnology Co. Ltd.
  • Rimfrost AS
  • Norwegian Fish Oil AS

Market Report Segmentation

By Product Type
  • Liquid
  • Softgels
  • Capsules
By Application
  • Dietary Supplements
  • Animal Food & Pet Food
  • Functional Food & Beverages
  • Pharmaceuticals
  • Others
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Krill Oil Market, by Product Type
1.4.2 Europe Krill Oil Market, by Application
1.4.3 Europe Krill Oil Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Europe Krill Oil Market by Product Type
4.1 Europe Liquid Market by Country
4.2 Europe Softgels Market by Country
4.3 Europe Capsules Market by Country
Chapter 5. Europe Krill Oil Market by Application
5.1 Europe Dietary Supplements Market by Country
5.2 Europe Animal Food & Pet Food Market by Country
5.3 Europe Functional Food & Beverages Market by Country
5.4 Europe Pharmaceuticals Market by Country
5.5 Europe Others Market by Country
Chapter 6. Europe Krill Oil Market by Country
6.1 Germany Krill Oil Market
6.1.1 Germany Krill Oil Market by Product Type
6.1.2 Germany Krill Oil Market by Application
6.2 UK Krill Oil Market
6.2.1 UK Krill Oil Market by Product Type
6.2.2 UK Krill Oil Market by Application
6.3 France Krill Oil Market
6.3.1 France Krill Oil Market by Product Type
6.3.2 France Krill Oil Market by Application
6.4 Russia Krill Oil Market
6.4.1 Russia Krill Oil Market by Product Type
6.4.2 Russia Krill Oil Market by Application
6.5 Spain Krill Oil Market
6.5.1 Spain Krill Oil Market by Product Type
6.5.2 Spain Krill Oil Market by Application
6.6 Italy Krill Oil Market
6.6.1 Italy Krill Oil Market by Product Type
6.6.2 Italy Krill Oil Market by Application
6.7 Rest of Europe Krill Oil Market
6.7.1 Rest of Europe Krill Oil Market by Product Type
6.7.2 Rest of Europe Krill Oil Market by Application
Chapter 7. Company Profiles
7.1 Fuji Chemical Industries Co., Ltd.
7.1.1 Company Overview
7.1.2 SWOT Analysis
7.2 Aker BioMarine AS
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Nutrigold Inc.
7.3.1 Company Overview
7.3.2 SWOT Analysis
7.4 NWC Naturals, Inc.
7.4.1 Company Overview
7.5 Coastside Bio Resources
7.5.1 Company Overview
7.6 Nutracode LLC
7.6.1 Company Overview
7.7 Schiff Nutrition International, Inc. (Reckitt Benckiser Group plc)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 SWOT Analysis
7.8 Quingdao Kangjing Marine Biotechnology Co. Ltd.
7.8.1 Company Overview
7.9 Rimfrost AS
7.9.1 Company Overview
7.10. Norwegian Fish Oil AS
7.10.1 Company Overview

Companies Mentioned

  • Fuji Chemical Industries Co., Ltd.
  • Aker BioMarine AS
  • Nutrigold Inc.
  • NWC Naturals, Inc.
  • Coastside Bio Resources
  • Nutracode LLC
  • Schiff Nutrition International, Inc. (Reckitt Benckiser Group plc)
  • Quingdao Kangjing Marine Biotechnology Co. Ltd.
  • Rimfrost AS
  • Norwegian Fish Oil AS

Methodology

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