The Rising Prevalence of Heart-Related Diseases to Prompt the Need for Krill Oil

Sat, 06 June 2020 10:27

Krill oil is an oil extracted from a tiny shrimp-like animal called krill. People extract the oil from krill, place it in capsules, and use it for medicine. It is broadly used in the dietary supplement to provide an adequate amount of omega-3 fatty acids, such as EPA (eicosapentaenoic acid) and DHA (docosahexaenoic acid). Krill oil is considered as an excellent alternative to fish oil. People are inclining towards krill oil as it contains high EPA and DHA as well as astaxanthin that support brain and nervous system health.

Top Seven Benefits of Krill Oil

  1. Raise Omega-3 levels
  2. The Phospholipids Advantage
  3. Rich in EPA and DHA
  4. Contains Choline
  5. Natural Antioxidant Astaxanthin
  6. Easy to Digest
  7. Sustainable and 100 percent traceable

Krill Oil Market: Product Overview

The demand for capsules is high among the consumers, owing to the ease of taking fix quantity supplement. Also, capsules protect sensitive ingredients and reduce gastrointestinal irritation. Moreover, sealed hard gelatin capsules provide oxygen barriers. Liquid krill oil is a liposomal product and is ideal for baby foods or infant nutrition. The demand for krill oil in the animal food and infant products is expected to grow shortly, which in turn is expected to drive the liquid krill oil market. On the other hand, soft gels are highly popular among consumers due to their smooth texture and taste masking capabilities. Also, flexible shapes make soft gels easier to swallow.

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Prominent Players

Some of the prominent players operating in the krill oil market include Qingdao Kangjing Marine Biotechnology Co., Ltd., NWC Naturals Inc., Daeduck FRD Inc., Neptune Technologies & Bioressources Inc., Enzymotec Ltd., NutriGold Inc., Olympic Seafood AS (RIMFROST AS), RB LLC., Aker BioMarine SA, Rimfrost AS, Neptune Wellness Solutions Inc., among others.

Krill Oil Market: Segmentation

By Product Type

  • Capsules
  • Liquid
  • Soft Gels

By Application

  • Dietary Supplements
  • Animal Feed
  • Functional Food & Beverages
  • Pharmaceuticals
  • Others

     By Distribution Channel

  • Store-Based Retailing
    • Supermarket/Hypermarket
    • Drugs and Pharmacies
    • Medical Stores
    • Others
  • Online Retailing

By Region

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • The U.K
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Malaysia
  • Singapore
  • Vietnam
  • Rest of Europe

Central, South America, and the Caribbean

  • Brazil
  • Argentina
  • Colombia
  • Rest of Central, South America, and the Caribbean

Middle East

  • Saudi Arabia
  • UAE
  • Oman
  • Bahrain
  • Rest of Middle East

Africa

  • Nigeria
  • South Africa
  • Ghana
  • Tanzania
  • Rest of Africa

" Crucial Insights The Report Provides:"

* Known and Unknown Adjacencies Influencing the Growth of Market

* Explorable Revenue Sources

* Customer Behaviour Analysis

* Target Partners

* Customized Geographical Data Based on Customers as well as Competitors

* Analysis of Market Size and CAGR between the Forecast Periods

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