European Krill Oil Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2031


Posted March 29, 2024 by mansi3210

European krill oil market is estimated to grow at a CAGR of 8.9% during the forecast period.

 
European krill oil market is estimated to grow at a CAGR of 8.9% during the forecast period. The market is mainly driven due to rising demand of krill oil-based food supplements in the region, significant number of lifestyle related diseases in UK, Germany, France and other countries. High per capita income, high awareness related to health and nutraceuticals, easy availability of products, presence of major market players, and cohesive government regulations are some of the other factors for the significant market in the region. Furthermore, the European krill oil market is further classified into product type and application.

Based on the product type, the market is further classified into hardware and capsules, softgels, and liquids. The capsules segment is projected to have a considerable share in the European market owing to the high application in dietary supplements. Based on the application, the European krill oil market is further segmented into functional food and beverages, dietary supplements, pharmaceuticals, and others. The pharmaceuticals segment estimated to grow at a considerable CAGR during the forecast. Based on geography, the European krill oil market is further segregated into the UK, Germany, France, Italy, Spain, and Rest of Europe. Among, geography, UK projected to have a considerable share in the European krill oil market.

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Market Coverage
Market number available for – 2023-2031
Base year- 2021
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation

European Krill Oil Market by Product Type

Capsules
Softgels
Liquids
European Krill Oil Market by Application

Functional food and beverages
Dietary supplements
Pharmaceuticals
Others (Animal feed)
A full report of European Krill Oil Market available @ https://www.omrglobal.com/industry-reports/europe-krill-oil-market

Regional Analysis

UK
Germany
France
Italy
Spain
Rest of Europe
Company Profiles

Aker Biomarine Antarctic AS
BASF SE
ConnOils LLC
Douglas Laboratories
Ergomax BV
Norwegian Fish Oil AS
Nutrigold
Rimfrost AS
Reckitt Benckiser Group plc
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About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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Issued By Mansi
Phone +91 780-304-0404
Business Address Indore, india
Country India
Categories Business , Food
Last Updated March 29, 2024