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Fish Oil Capsules Market Size 2022 Global Future Prospects, Industry Share, Competitive Region and Forecast to 2030 By RI

valid until: 30 Nov 2023date published: 30 Nov 2022

The report is titled as ‘Fish Oil Capsules Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the fish oil capsules market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Fish oil capsules market is expected to grow with significant rate in the near future.

The global fish oil capsules market in 2020 is estimated for more than US$ 4.0 Bn and expected to reach a value of US$ 6.4 Bn by 2028 with a significant CAGR of 6.1%.

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Fish Oil Capsules Introduction

Fish oil obtained from tissues of oily fish such as salmon, tuna, herring, etc. and has many health benefits. Fish oil contains omega-3 fatty acid and the health benefits of omega-3 fatty acids from fish are well known to reduce risk of heart attacks and coronary heart diseases.

Fish oil supplements are widely used to prevent various cardiovascular diseases and vitamin deficiency. According to International Fishmeal and Fish Oil Organisation, the global production of fish oil totaled around one million tons in 2013 and is expected to increase over the period of time. . Most of the inedible fish are pelagic – that is, swim and shoal in the upper layers of the sea. These species generally store oil in the body rather than the liver.

Fish Oil Capsules Market Dynamics

Growing awareness towards cardiovascular health and increasing production of fish oil are the factors responsible for growth of global fish oil capsules market. Moreover, increasing production capacity of key manufacturers of fish oil capsules is fuelling the supply of fish oil capsules and in turn drives the market growth. Growing demand due to prevalence of cardiovascular diseases and awareness of benefits of fish oil in maintaining health are some other factors driving the growth of fish oil capsules market. However, people are reluctant to take fish oil due to its obnoxious taste and this factor is limiting the growth of fish oil capsules market over the forecast period.

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Fish Oil Capsules Market Size 2022 Global Future Prospects, Industry Share, Competitive Region and Forecast to 2030 By RI