Cod Liver Oil Market Share, Growth, Outlook, Trends, Key Player Analysis and Future projections

According to IMARC Group's latest research report, titled "Cod Liver Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," offers a comprehensive analysis of the industry, which comprises insights on the cod liver oil market size. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global cod liver oil market size reached US$ 84.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 125.3 Million by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2023-2028.

Cod Liver Oil Market Overview:

Cod liver oil is a type of fish oil extracted from the livers of cod fish, specifically the Atlantic cod. It comprises omega-3 fatty acids, particularly eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA), due to which it is widely recognized for its positive impact on cardiovascular health. It aids in reducing inflammation, improving brain function, and supporting overall heart health. Additionally, it is a natural source of vitamins A and D which helps in maintaining healthy vision, cell growth, calcium absorption, bone health, and immune system regulation. It also acts as a dietary supplement to support their overall well-being, particularly during winter months when vitamin D levels tend to decrease. It is available in liquid and capsule forms, with varying levels of purity and concentration.

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Cod Liver Oil Market Trends:

The global market is primarily driven by the rising awareness among the masses about the importance of omega-3 fatty acids and their positive impact on overall health. Moreover, as consumers become increasingly proactive about their well-being, there is a growing demand for natural supplements, such as cod liver oil, that offer a comprehensive range of health benefits. Besides, the growing focus on preventive healthcare is supporting the market as cod liver oil benefits heart health and brain function and provides immune support, thereby contributing to the market. Also, the wide availability of cod liver oil across various distribution channels and e-commerce websites is impacting the market favorably. Furthermore, the expansion of the pet nutrition market is acting as another growth-inducing factor as cod liver oil is widely used as a supplement for pets to support their joint health, skin and coat condition, and overall vitality.

Key Market Segmentation:

Competitive Landscape with Key Players:

• Carlson Laboratories Inc
• Country Life LLC (Kikkoman Corporation)
• LYSI hf.
• Mason Vitamins
• Natures Aid Ltd. (Thornton & Ross Ltd)
• Nordic Naturals Inc.
• Norwegian Fish Oil AS
• NOW Foods
• OLVEA Fish Oils (Groupe OLVEA)
• Orkla ASA
• Solgar Inc. (Nestle S.A.)
• WN Pharmaceuticals Ltd.

Form Insights:

• Capsules
• Liquid
• Others

Distribution Channel Insights:

• Supermarket and Hypermarket
• Convenience Store
• Drug Store
• Online
• Others

End Use Insights:

• Dietary Supplements
• Pharmaceuticals
• Cosmetics and Personal Care
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance 
• Market Outlook
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: 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.

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