Global Cod Liver Oil Market
Global Cod Liver Oil was valued at US$ 82.29 Million in 2021, estimated to reach US$ 142.72 Million in 2027, with a CAGR of 8.24% from 2022-2027.
A nutritional popular supplement, and which is obtained from the liver of cod is Cod liver oil. Cod liver oil contains high levels of vitamin A, vitamin D, and omega3 fatty acids and it is a vibrant nutrient for immune system function, cellular growth, eye health, and reproduction.
Market Drivers
Key factors that are likely to enhancement the growth of the cod liver oil market during the forecast period are the increase in the consciousness amongst the population, rise in the health awareness and rising urbanization which has augmented the female working population.
Moreover, the growth in the disposable income, increasing popularity because of the presence of omega-3 and vitamin A and D are further boosting the growth of the cod liver oil market.
Additionally, the growing advantages for the mental health and rising prevalence of the cardiovascular diseases and the upsurge in the application of cod in several industries such as pharmaceuticals, cosmetics and animal feed are further propelling the growth of the cod liver oil market.
Market Restraints
Factors that hinder the growth of the cod liver oil market in the forecast period are the unawareness among people about the dosage of cod and the occurrence of substitute dietary supplements.
High product prices also hamper the Cod Liver Oil Market growth.
Market Segmentation
Cod Liver Oil Market is segmented into major 4 categories. Based on Source, the market is segmented into Atlantic, Arctic, Others (Pacific, Greenland, and Others). Based on Application, the market is divided into Dietary Supplements, Pharmaceuticals, Nutraceuticals, Personal Care & Cosmetics. Based on Form, the market is segmented into Liquid, Soft Gels, Capsules & Tablets. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
Europe accounted largest cod liver oil market share in 2021 & continue to the same owing to the growing demand for nutraceuticals and high consumption of omega-3 supplements.
North America holds the second largest share in market due to the increase in the consumption of the product in the pharmaceutical industry. Additionally, the rise in the research and development activities and the increasing consumption of advanced medication which will further enhancement the growth of the cod liver oil market in the region.
Asia-Pacific is anticipated to witness substantial growth in the cod liver oil market because of the increase in the need for the cod liver oil products in the advancing countries like China, India, Japan.
Market Key Players
Some of the key players operating in Global Cod Liver Oil Market are Seven Seas, LYSI, Norwegian Fish Oil, Power Health, Country Life, Nordic Naturals, Garden of Life, Mason Natural, Twinlab, Vital Nutrients.
Industry development
February 2022 Carlson Laboratory Inc., a leading nutritional supplements manufacturing company, launched a new cod liver oil in green apple flavor. This new product developed for kids and adults provides 1,100 mg of omega-3s, with vitamins A and D3 per serving for adults, and 550 mg of omega-3s, with vitamins A and D3 for kids.
February 2022, Orkla Health has acquired 100 per cent of the shares in Healthspan Group Limited, a leading supplier of dietary supplements in the British market. Healthspan was established in 1996 and has since built up a strong brand and a broad range of dietary supplements and skin care products.
Global Cod Liver Oil Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Cod Liver Oil Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Cod Liver Oil Market, By Source
5.1 Y-o-Y Growth Comparison, By Source
5.2 Cod Liver Oil Market Share Analysis, By Source
5.3 Cod Liver Oil Market Size and Forecast, By Source
5.3.1 Atlantic
5.3.2 Arctic
5.3.3 Others (Pacific, Greenland, and Others)
6 Cod Liver Oil Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Cod Liver Oil Market Share Analysis, By Application
6.3 Cod Liver Oil Market Size and Forecast, By Application
6.3.1 Dietary Supplements
6.3.2 Pharmaceuticals
6.3.3 Nutraceuticals
6.3.4 Personal Care & Cosmetics
7 Cod Liver Oil Market, By Form
7.1 Y-o-Y Growth Comparison, By Form
7.2 Cod Liver Oil Market Share Analysis, By Form
7.3 Cod Liver Oil Market Size and Forecast, By Form
7.3.1 Liquid
7.3.2 Soft Gels
7.3.3 Capsules & Tablets
8 Cod Liver Oil Market, By Region
8.1 Cod Liver Oil Market Share Analysis, By Region
8.2 Cod Liver Oil Market Share Analysis, By Region
8.3 Cod Liver Oil Market Size and Forecast, By Region
9 North America Cod Liver Oil Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Cod Liver Oil Market Share Analysis, By Source
9.3 North America Cod Liver Oil Market Size and Forecast, By Application
9.4 North America Cod Liver Oil Market Size and Forecast, By Form
9.5 North America Cod Liver Oil Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Cod Liver Oil Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Cod Liver Oil Market Share Analysis, By Source
10.3 Europe Cod Liver Oil Market Size and Forecast, By Application
10.4 Europe Cod Liver Oil Market Size and Forecast, By Form
10.5 Europe Cod Liver Oil Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Cod Liver Oil Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Cod Liver Oil Market Share Analysis, By Source
11.3 Asia Pacific Cod Liver Oil Market Size and Forecast, By Application
11.4 Asia Pacific Cod Liver Oil Market Size and Forecast, By Form
11.5 Asia Pacific Cod Liver Oil Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Cod Liver Oil Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Cod Liver Oil Market Share Analysis, By Source
12.3 Latin America Cod Liver Oil Market Size and Forecast, By Application
12.4 Latin America Cod Liver Oil Market Size and Forecast, By Form
12.4 Latin America Cod Liver Oil Market Size and Forecast, By Network Route of Administration
12.5 Latin America Cod Liver Oil Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Cod Liver Oil Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Cod Liver Oil Market Share Analysis, By Source
13.3 Middle East Cod Liver Oil Market Size and Forecast, By Application
13.4 Middle East Cod Liver Oil Market Size and Forecast, By Form
13.5 Middle East Cod Liver Oil Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Seven Seas
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 LYSI
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Norwegian Fish Oil
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Power Health
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Country Life
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Nordic Naturals
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Garden of Life
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Mason Natural
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Twinlab
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Vital Nutrients
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
