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Overview of the global krill oil market
Technavio's market study identifies the health benefits of krill oil as one of the primary growth factors for the krill oil market. Krill oil provides several health benefits such as improved heart health, prevents arthritis, reduces inflammation, and reduces effects of depression. Additionally, the consumption of krill oil by pregnant ladies also aids in neurological development of their infants. Eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) enhance mood by reducing inflammatory processes in the brain. With the increase in consumer awareness on the benefits of consuming krill oil, the coming years will witness an increase in its demand, fueling market growth. Our market research analysts estimate that this market will grow steadily at a CAGR of almost 13% by 2021.
The adoption of sustainable krill harvesting will be one of the key trends that will gain traction in the krill oil market during the next few years. Sustainable krill harvesting ensures that a healthy breeding population of krill is left behind in the krill fishery. Increasing environment concerns and the declining krill population is influencing consumers to demand for sustainably harvested krill oil products. This will consequently influence the growth of sustainable krill harvesting. Cleanmarine Krill Oil is the first omega-3 oil in Europe to be certified by the MSC standard for sustainability.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product form
PART 07: Market segmentation by distribution channel
PART 08: Geographical segmentation
PART 09: Key leading countries
PART 10: Decision framework
PART 11: Drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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