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

By Grade;

Feed Grade Fish Oil, Food Grade Fish Oil, and Pharma Grade Fish Oil.

By Application;

Aquaculture, Direct Human Consumption, and Others.

By End User;

Aqua-feed, Food & Beverages, Dietary Supplements, and Cosmetic & Beauty Products.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn390980783 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Fish Oil Market (USD Million), 2021 - 2031

In the year 2024, the Global Fish Oil Market was valued at USD 7,046.48 million. The size of this market is expected to increase to USD 10,785.67 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.

The global fish oil market plays a pivotal role in both the food and dietary supplement industries, driven by its rich omega-3 fatty acid content. Omega-3 fatty acids, primarily EPA (eicosapentaenoic acid) and DHA (docosahexaenoic acid), are essential nutrients known for their numerous health benefits, including cardiovascular health and cognitive function improvement. Fish oil is predominantly sourced from oily fish species like salmon, mackerel, and sardines through processes such as extraction and refining, ensuring high purity and quality.

In recent years, increasing consumer awareness about the importance of a healthy diet and the rising prevalence of chronic diseases have bolstered the demand for fish oil. The pharmaceutical and nutraceutical sectors have particularly driven this growth, as fish oil is widely incorporated into supplements aimed at improving heart health, joint health, and overall well-being. Moreover, the food industry utilizes fish oil in functional food products, such as fortified beverages and infant formula, further expanding its market reach.

Geographically, the global fish oil market is characterized by significant production in regions like South America, North America, and Europe, where fishing industries are robust. The market dynamics are influenced by factors such as regulatory frameworks, sustainability practices in fishing, and fluctuating fish stocks. As sustainability becomes a paramount concern, there is a growing emphasis on responsibly sourced fish oil and sustainable fishing practices, shaping the market's future trajectory towards environmentally conscious consumer preferences and regulatory compliance.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Grade
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Fish Oil Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Health Benefits (Omega-3)
        2. Growth in Aquaculture
        3. Increasing Health Awareness
      2. Restraints
        1. Overfishing Concerns
        2. Environmental Impact
        3. Price Volatility
        4. Quality Control Challenges
      3. Opportunities
        1. Innovation in Processing
        2. Sustainable Sourcing
        3. Functional Foods Growth
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Fish Oil Market, By Grade, 2021 - 2031 (USD Million)
      1. Feed Grade Fish Oil
      2. Food Grade Fish Oil
      3. Pharma Grade Fish Oil
    2. Global Fish Oil Market, By Application, 2021 - 2031 (USD Million)
      1. Aquaculture
      2. Direct Human Consumption
      3. Others
    3. Global Fish Oil Market, By End User, 2021 - 2031 (USD Million)
      1. Aqua-feed
      2. Food & Beverages
      3. Dietary Supplements
      4. Cosmetic & Beauty Products
    4. Global Fish Oil Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. DSM Nutritional Products
      2. Omega Protein Corporation
      3. GC Rieber Oils
      4. Croda International Plc
      5. Marvesa Holding N.V.
      6. Colpex International
      7. Corpesca SA
      8. FMC Corporation
      9. TripleNine Group A/S
      10. Orizon SA
  7. Analyst Views
  8. Future Outlook of the Market