Global Cod Liver Oil Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

• In April 2022, EO3, an emerging sports and health nutrition products manufacturer, introduced a smoothie enriched with Omega-3 combining berry flavors and Norwegian cod liver oil. This product is available across the U.S. and the U.K. retail stores.

• January 2024, Wiley’s Finest launched Cod Liver Oil+ in new formula packages that contain vitamin D, Vitamin E and omega 3s EPA and DHA. The product helps to improve cognitive health, stress, immunity and eye health.

The Global Cod Liver Oil Market has been segmented by Application, Distribution Channel and Geography, by Application into Nutraceuticals, Pharmaceuticals, and Others. The Nutraceuticals segment holds the largest share of the market, driven by the growing awareness of the health benefits of cod liver oil, particularly for its rich content of omega-3 fatty acids, vitamin A, and vitamin D. Cod liver oil is commonly used as a dietary supplement for improving heart health, joint mobility, and overall immunity. The Pharmaceuticals segment is also significant, with cod liver oil used in the development of topical and oral medications aimed at improving skin health, managing inflammation, and supporting bone health. The Others category includes various applications such as animal feed and cosmetics, where cod liver oil is used for its nourishing and moisturizing properties.

In terms of Distribution Channel, the Global Cod Liver Oil Market is divided into Offline and Online channels. The Offline segment, which includes pharmacies, health food stores, and supermarkets, remains a strong distribution channel, particularly in regions where traditional retail is more common. Many consumers still prefer to purchase cod liver oil in-person, especially for health-related products where advice from pharmacists or store staff is valued. The Online segment, however, is growing rapidly due to the increasing popularity of e-commerce and the convenience of purchasing health supplements from home. Online platforms provide easy access to a wide variety of cod liver oil brands and formulations, often accompanied by detailed product descriptions and customer reviews, driving consumer confidence and sales growth in this channel.

Geographically, the Global Cod Liver Oil Market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Europe is the largest market for cod liver oil, particularly in countries like Norway, Iceland, and Denmark, where the tradition of using cod liver oil as a health supplement has been well-established for centuries. North America, especially the United States and Canada, represents a significant and growing market driven by increasing consumer awareness of the benefits of omega-3 fatty acids and vitamin D supplementation. In Asia-Pacific, countries like Japan and China are seeing growing demand for cod liver oil as health and wellness trends continue to gain traction. Latin America and the Middle East & Africa are emerging markets for cod liver oil, with rising incomes and greater interest in nutritional supplements driving market growth in these regions.

Global Cod Liver Oil Segment Analysis

In this report, the Global Cod Liver Oil Market has been segmented by Application, Distribution Channel and Geography.

Global Cod Liver Oil Market, Segmentation by Geography

In this report, the Global Cod Liver Oil Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Global Cod Liver Oil Market Share (%), by Geographical Region, 2024

The global cod liver oil market is experiencing growth across various geographical regions, with North America, Europe, and Asia-Pacific leading the demand. North America holds the largest market share, driven by the growing consumer awareness of health and wellness and the increasing use of dietary supplements. The United States, in particular, is a major consumer of cod liver oil, with a significant portion of the population incorporating omega-3 supplements into their daily routines. The demand for cod liver oil in this region is also supported by the rise in lifestyle-related health issues, such as cardiovascular diseases, joint pain, and cognitive decline, which have driven consumers to seek natural and preventive health solutions. The popularity of functional foods and supplements in the region has further fueled market growth.

Europe follows closely behind in terms of market share, with countries such as Norway, Sweden, and Denmark being key producers of cod liver oil. The region has a long-standing tradition of using cod liver oil, particularly in Nordic countries, where it is recognized for its rich nutrient profile and health benefits. In Europe, the demand for cod liver oil is primarily driven by the dietary supplements sector, with a focus on improving heart health, immunity, and overall well-being. Additionally, the growing trend of natural and organic products, along with increasing consumer interest in sustainable and responsibly sourced ingredients, has contributed to the expanding market for cod liver oil in European countries.

Asia-Pacific is witnessing rapid growth in the cod liver oil market, driven by the increasing adoption of western health practices and the growing middle-class population. Countries like China, Japan, and India are experiencing a rise in demand for dietary supplements and functional foods, with cod liver oil being increasingly incorporated into wellness routines. The growing awareness of the importance of omega-3 fatty acids, as well as the rise in chronic health issues like arthritis, heart disease, and osteoporosis, has accelerated the market’s expansion in this region. As the consumer base becomes more health-conscious and familiar with the benefits of cod liver oil, the market share in Asia-Pacific is expected to continue growing, particularly in emerging economies with a rising disposable income and changing lifestyles.

This report provides an in depth analysis of various factors that impact the dynamics of Global Cod Liver Oil Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunity Analysis

Drivers

• Health Benefits
• Nutritional Awareness
• Dietary Supplements

• Omega-3 Demand -The global cod liver oil market has been witnessing significant growth, driven by the increasing awareness of the health benefits associated with omega-3 fatty acids. Cod liver oil, derived from the livers of cod fish, is rich in omega-3 fatty acids, specifically eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA), as well as vitamins A and D. These nutrients are known for their positive effects on heart health, cognitive function, and immune support, among other health benefits.

  One of the primary factors propelling the demand for cod liver oil is the rising consumer awareness regarding the importance of maintaining a balanced diet and the role of omega-3 fatty acids in promoting overall health. Omega-3 fatty acids are essential fats that the body cannot produce on its own, necessitating their inclusion in the diet. This has led to an increased consumption of dietary supplements, including cod liver oil, to ensure adequate intake of these vital nutrients.

  The growing prevalence of lifestyle-related health issues, such as cardiovascular diseases, arthritis, and mental health disorders, has further fueled the demand for omega-3 supplements. Studies have shown that omega-3 fatty acids can help reduce inflammation, lower blood pressure, and improve cholesterol levels, which are crucial for preventing and managing heart diseases. Additionally, the anti-inflammatory properties of omega-3s are beneficial for individuals suffering from arthritis, while their role in supporting brain health makes them a popular choice for enhancing cognitive function and mental well-being.

  The aging population worldwide is another significant driver of the cod liver oil market. As people age, they become more susceptible to various health conditions, and there is a growing inclination towards preventive healthcare measures. Cod liver oil, with its rich nutrient profile, is increasingly being adopted by the elderly to support joint health, boost immunity, and maintain overall vitality.

  The market is also witnessing innovation in product formulations and delivery methods to cater to diverse consumer preferences. Traditional liquid cod liver oil is being complemented by capsules, gummies, and even flavored versions to improve palatability and convenience. This diversification in product offerings has made cod liver oil more accessible to a broader audience, including children and individuals with sensitive taste preferences. North America and Europe are the leading markets for cod liver oil, owing to the high awareness levels and substantial disposable incomes in these regions. However, the Asia-Pacific region is expected to exhibit the fastest growth in the coming years, driven by the increasing health consciousness and expanding middle-class population.

Restraints

• Taste and Odor
• High Costs
• Sustainability Issues

• Supply Chain Disruptions -The global cod liver oil market has been facing significant supply chain disruptions due to a variety of factors. One major issue has been the impact of the COVID-19 pandemic, which led to widespread lockdowns and restrictions, affecting the fishing industry and processing facilities. These restrictions resulted in reduced fishing activities and limited the availability of raw materials necessary for the production of cod liver oil. Additionally, the pandemic disrupted transportation and logistics networks, causing delays in shipments and increased transportation costs.

  Another contributing factor to the supply chain disruptions in the cod liver oil market is the changing regulatory environment. Stricter regulations on fishing quotas and sustainable fishing practices have been implemented in various regions to prevent overfishing and protect marine ecosystems. While these regulations are crucial for long-term sustainability, they have also led to a reduction in the supply of cod liver, impacting the production capacity of cod liver oil manufacturers.

  Geopolitical tensions and trade restrictions have further complicated the supply chain dynamics. Trade disputes and tariffs between major exporting and importing countries have created uncertainties and increased costs for cod liver oil producers and exporters. These factors have forced companies to seek alternative sources and routes, adding complexity to the supply chain and potentially leading to inconsistencies in product quality and availability.

  Climate change and environmental factors have played a role in disrupting the supply chain. Changes in ocean temperatures and currents can affect the migration patterns and population sizes of cod, leading to fluctuations in supply. Environmental concerns such as pollution and habitat destruction also pose long-term risks to the sustainability of cod stocks, potentially exacerbating supply chain challenges in the future.

  Overall, the global cod liver oil market is navigating through a period of supply chain disruptions caused by a combination of pandemic-related impacts, regulatory changes, geopolitical issues, and environmental factors. Addressing these challenges will require coordinated efforts from industry stakeholders, governments, and international organizations to ensure the stability and sustainability of the supply chain.

Opportunities

• Product Innovation
• E-commerce Growth
• Personalized Nutrition

• Sports Nutrition -The global cod liver oil market has witnessed steady growth in recent years, driven by increasing awareness about its health benefits. Cod liver oil, rich in omega-3 fatty acids, vitamins A and D, and other essential nutrients, is highly valued for its potential in supporting cardiovascular health, reducing inflammation, and boosting immunity. The rising prevalence of lifestyle-related diseases and the growing trend towards preventive healthcare have significantly contributed to the market's expansion. Moreover, the increasing adoption of natural and organic supplements among health-conscious consumers is propelling the demand for cod liver oil.

  The market is expanding in North America and Europe due to high awareness and disposable income levels. In contrast, the Asia-Pacific region is emerging as a lucrative market owing to rising health consciousness and the growing popularity of dietary supplements. However, challenges such as the strong fishy taste of cod liver oil and the availability of alternative supplements might hinder market growth. To overcome these obstacles, manufacturers are innovating with flavored and encapsulated forms of cod liver oil to enhance consumer acceptance and convenience.

  The sports nutrition market is experiencing robust growth as the number of fitness enthusiasts and athletes continues to rise globally. Sports nutrition products, including protein supplements, energy drinks, and nutritional bars, are designed to enhance athletic performance, promote muscle growth, and aid in recovery. The increasing participation in sports and fitness activities, coupled with the growing awareness about the importance of maintaining an active lifestyle, is driving the demand for sports nutrition products.

  Technological advancements and product innovations are playing a crucial role in shaping the sports nutrition industry. Companies are focusing on developing products with clean labels, natural ingredients, and customized nutrition solutions to cater to diverse consumer needs. Additionally, the trend of personalized nutrition, driven by advancements in nutrigenomics and wearable technology, is gaining traction, allowing consumers to tailor their dietary intake based on individual health parameters and fitness goals.

  The market is also witnessing a surge in the popularity of plant-based and vegan sports nutrition products, aligning with the broader consumer shift towards sustainable and ethical consumption. North America remains a dominant market for sports nutrition, but rapid urbanization and increasing disposable incomes are boosting growth prospects in emerging markets such as Asia-Pacific and Latin America. Despite the promising outlook, the industry faces challenges related to regulatory compliance, product efficacy, and consumer skepticism about the benefits of sports nutrition products.

Key players in Global Cod Liver Oil Market include.

• Seven Seas
• Nordic Naturals
• Lysi
• Orkla Health
• Swisse Wellness
• Nature Made
• Olly
• EO3
• Merck Group
• Salus Haus
• NOW Foods

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis