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Cod Liver Oil Market

Stellar Market Research, a global Consumer Goods market research firm has published a competitive intelligence and market research report on the “Cod Liver Oil Market”. The Cod Liver Oil Market size was valued at USD 94.12 Bn in 2023. The total Cod Liver Oil Market revenue is expected to grow at a CAGR of 6.4 percent from 2023 to 2030, reaching USD 145.30 Bn during the forecast period.

Market Size in 2023: USD 94.12 Billion

Market Size in 2030: USD 145.30 Billion

CAGR: 6.4 Percent

Forecast Period: 2024-2030

Base Year: 2023

Number of Pages: 267

No. of Tables: 126

No. of Charts and Figures: 115

Segment Covered: By Source, Form, and Application.

Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage:  Market Share, Size & Forecast by Revenue | 2022−2029, Market                  Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

Cod Liver Oil Market Scope and Research Methodology

The report includes a detailed analysis of the Cod Liver Oil Market. The competitive analysis in the report includes a company overview, financial performance, product portfolio, and strategies of the key players in the Cod Liver Oil industry. Key insights provided in the report are the major drivers of the Market, the challenges faced by the market participants, and growth prospects in the Market across the world. The Cod Liver Oil Market report covers a detailed analysis of the investments of market players to increase their global presence in the industry, which makes it an investor’s guide.

The segments covered in the report are source,form, and Application. Primary and Secondary research method was used to collect data for the Cod Liver Oil market report. Primary research was conducted to validate the findings from the secondary research method. The size of the Cod Liver Oil market was determined using a bottom-up approach for estimation.

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Cod Liver Oil Market Overview

The cod liver oil market has experienced significant growth because of increasing health awareness and the demand for natural nutritional supplements. Cod liver oil, obtained from the livers of cod fish, is a rich source of essential nutrients such as omega-3 fatty acids, vitamins A and D, and antioxidants. Major players in the industry operate globally, with North America and Europe serving as major consumption hubs. Factors such as an aging population, trends in preventive healthcare, and expanding applications in functional foods and dietary supplements are expected to drive future market growth.

Cod Liver Oil Market Dynamics

The use of cod liver oil is expanding beyond dietary supplements into pharmaceuticals, functional foods, and beverages, creating new market opportunities. Consumers are seeking preventive healthcare solutions, and cod liver oil is perceived as a natural way to support heart health, joint function, and immunity, fueling its demand. With an increasing aging population, the demand for supplements that support healthy aging, such as cod liver oil, which is believed to help maintain bone density and cognitive function, is on the rise. Combined with the growing demand for natural and preventive healthcare solutions, this is expected to contribute to the continued growth of the cod liver oil market.

Cod Liver Oil Market Regional Analysis

The Asia Pacific cod liver oil market is primarily driven by strong product demand from the dietary supplements and cosmetics industries. The product contains fatty acids and several other essential ingredients, which help reduce acne and promote hydration and nutrition for youthful-looking skin. Thus, it has become one of the common ingredients in personal care and cosmetics products. The gradual inclination toward natural skincare and cosmetics products across Asian countries supports the steady growth of the regional market. Companies are investing in adopting innovative digital campaigns to attract consumers to purchase cod liver-based products.

The nutraceuticals business is highly competitive and growing in popularity across India. The market is expected to rise over the decade due to increased product knowledge, rising disposable income, and a desire for preventive medicine and self-treatment. Market growth has increased in the forecast period.

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Cod Liver Oil Market Segmentation

By Source

• Atlantic
• Arctic
• Pacific
• Others

By Form

• Liquid
• Soft Gels
• Capsules & Tablets

Based on the Form, the liquid form segment held the largest market share in the Cod Liver Oil Market in 2023. According to the SMR analysis, the segment is expected to grow during the forecast period. The liquid form remained the dominant segment, driven by traditional preferences, perceived potency, and versatility in applications. Its ease of consumption, either directly or mixed with foods/beverages, appealed to many consumers. Liquid cod liver oil products often come in various flavors, such as lemon or mint, which help mask the natural fishy taste, improving palatability and compliance, especially among children and those who dislike the natural taste.

By Application

• Dietary Supplements
• Pharmaceuticals
• Nutraceuticals
• Personal Care & Cosmetics

Cod Liver Oil Market’s key players include

• Omega Protein Corporation (U.S.)
• BASF SE (Germany)
• Nordic Naturals Inc. (California)
• Croda International Plc (U.K.)
• OLVEA Fish Oils (France)
• GC Rieber (Norway)
• Carlson Laboratories Inc. (U.S.)
• Blueline Foods India Pvt Ltd. (India)
• LYSI Iceland (Iceland)
• Olvea Fish Oils (France)
• Vital Nutrients (U.S.)
• Power Health Products Ltd (U.K.)
• Mason Naturals (U.S.)
• Carlson Laboratories Inc. (U.S.)
• WN Pharmaceuticals Ltd. (Canada)
• NOW Health Group, Inc., (U.S.)
• Nordic Naturals Inc. (U.S.)
• Lysi (Iceland)
• Nordic Naturals (U.S.)
• Seven Seas Ltd. (United Kingdom)
• Garden of Life (U.S.)
• Nature’s Answer (U.S.)
• Barlean’s Organic Oils LLC (U.S.)
• NOW Foods (U.S.)
• Vitane Pharmaceuticals (India)
• Twinlab Corporation (U.S.)
• Pure Alaska Omega (U.S.)
• Morinaga Nutritional Foods, Inc. (U.S.)
• Green Pasture Products (U.S.)
• Nature’s Way(Canada)
• Health Aid Ltd. (United Kingdom)
• Rosita Real Foods EU (Norway)
• Orkla Health (Norway)

Key questions answered in the Cod Liver Oil Market are:

• What are the Cod Liver Oil Markets?
• What was the Cod Liver Oil market size in 2023?
• Which region held the largest share of the Cod Liver Oil market?
• What is the expected Cod Liver Oil market size by 2030?
• What is the growth rate of the Cod Liver Oil Market?
• Which are the factors expected to drive the Cod Liver Oil market growth?
• Which segment dominated the Cod Liver Oil market growth?
• What is the demand pattern for the Cod Liver Oil market?
• Who are the key players in the Cod Liver Oil market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by Different Segments | 2023−2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis of Source, Form, and Application Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

Stellar Market Research is leading Food & Beverages firm, has also published the following reports:

US Fish Oil Market: The size was valued at USD 720 Mn. in 2023 and the total US Fish Oil revenue is expected to grow at a CAGR of 9.5% from 2024 to 2030, reaching nearly USD 1359 Mn. The fish oil market is growing due to increased health awareness and demand for omega-3 fatty acids. There is a rising incidence of chronic conditions such as diabetes and cardiovascular diseases, leading to an increased demand for specialized medical foods tailored to manage these conditions and meet specific nutritional requirements..

Food Supplement and Drink Market: The total market size was valued at USD 5.65  Bn in 2023 and is expected to reach USD 10.13 Bn by 2030, at a CAGR of 8.70 percent. Health-conscious consumers are driving the seaweed snack market. Rising health consciousness and focus on preventive care drive demand for food supplements and functional beverages. With busy schedules and on-the-go lifestyles, people are seeking convenient and portable sources of nutrition, leading to the growth of the food supplement and drink market

About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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