Connect with us

Research Reports

Krill Oil Market Report 2021-26: Size, Share, Outlook, Sales Revenue, Demand and Forecast

Krill Oil Market Report 2021-26: Size, Share, Outlook, Sales Revenue, Demand and Forecast 1



According to IMARC Group’s latest report, titled “Krill Oil Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global krill oil market exhibited strong growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of 11.5% during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Krill, also known as Euphausia superb, are tiny, shrimp-like crustaceans found mostly in the oceans. The oil extracted from krill is mainly present in liquid, capsules, and soft gels form. It helps in reducing blood pressure and cholesterol levels, maintaining heart health, and improving metabolism. Krill oil is rich in astaxanthin, which improves immunity and minimizes muscle inflammation. As a result, it is extensively used in dietary supplements, functional food and beverages, pharmaceuticals, animal feed, etc.

Request Free Sample Report:

Market Trends

The increasing geriatric population and growing incidences of gastrointestinal disorders are propelling the demand for krill oil. Additionally, rising consumer awareness towards several health benefits of krill oil further escalates the product demand. The growing consumption of gelatin capsules to ensure oil-soluble nutrient delivery with minimal gastrointestinal irritation is also driving the market. Krill oil is also utilized in infant formula as it contains eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) that enhance infant brain development. Moreover, the growing trend of pet humanization and concerns towards pet health has further increased the demand for krill oil in pet food and supplements. Furthermore, krill oil is widely used in the pharmaceutical industry due to its high content of omega-3 polyunsaturated fatty acids. Also, several innovations in the oil extraction technology and growing krill fish cultivation across several geographic locations is projected to bolster the krill oil market.

Ask Analyst and Browse Full Report with TOC & List of Figure:

List of Key Companies Covered in this Market Report:

  • Aker Biomarine Antarctic AS
  • Coastside Bio Resources
  • Ergomax B.V.
  • Krill Canada Sales Corporation
  • Neptune Wellness Solutions Inc
  • Norwegian Fish Oil AS
  • NutriGold Inc.
  • NWC Naturals Inc.
  • Nutracode LLC
  • Qingdao Kangjing Marine Biotechnology Co. Ltd.
  • Rimfrost AS
  • Schiff Nutrition International Inc. (Reckitt Benckiser Group Plc).

The report has segmented the market on the basis of product type, application and geography

Breakup by Product Type:

  • Liquid
  • Softgels
  • Capsules

Breakup by Application:

  • Dietary Supplements
  • Animal Feed
  • Functional Foods and Beverages
  • Pharmaceuticals
  • Others

Breakup by Geography:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Key highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021- 2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Related Report by IMARC Group:

Essential oils Market Report:

Low-Calorie Sweetener Market Report:

Vegan Yogurt Market Report:

Fish Oil Market Report:

Banana Bread Market Report:

Fish Protein Hydrolysate Market Report:

Oat Milk Market Report:

Rice Noodles Market Report:

Gummy Vitamins Market Report:

Indian Onion Powder Market Report:

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800


Editorial & Advertiser disclosure
Our website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
Global Banking and Finance Review Awards Nominations 2022
2022 Awards now open. Click Here to Nominate


Newsletters with Secrets & Analysis. Subscribe Now