Global Fish Oil Market Size & Outlook, 2023-2030

The fish oil industry worldwide is expected to reach a projected revenue of US$ 4,199.8 million by 2030. A compound annual growth rate of 4.5% is expected of the worldwide fish oil industry from 2024 to 2030.

Revenue, 2023 (US$M)
$3,077.7
Forecast, 2030 (US$M)
$4,199.8
CAGR, 2024 - 2030
4.5%
Report Coverage
Worldwide

Global fish oil market, 2018-2030 (US$M)

Global fish oil market highlights

  • The global fish oil market generated a revenue of USD 3,077.7 million in 2023 and is expected to reach USD 4,199.8 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 4.5% by 2030.
  • In terms of segment, traditional pelagic and demeral species accounted for a revenue of USD 3,077.7 million in 2023.
  • Traditional Pelagic and Demeral Species is the most lucrative species segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 3,077.7 million
Market revenue in 2030USD 4,199.8 million
Growth rate4.5% (CAGR from 2023 to 2030)
Largest segmentTraditional pelagic and demeral species
Fastest growing segmentTraditional Pelagic and Demeral Species
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTraditional Pelagic and Demeral Species

Other key industry trends

  • In terms of revenue, the North America accounted for 10.5% of the global fish oil market in 2023.

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Fish Oil Market Scope

Fish oil market segmentation & scope
Traditional Pelagic and Demeral Species
Tuna
Salmon
Pangasius
Tilapia
Application
Human Consumption
Aquaculture
Pet Food
Others
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
Japan
India
ANZ
Brazil
South Africa
Argentina
Saudi Arabia

Fish Oil Market Companies

Name Profile # Employees HQ Website

Global fish oil market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fish oil market will help companies and investors design strategic landscapes.


Traditional pelagic and demeral species was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global fish oil market based on traditional pelagic and demeral species covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Fish Oil Species Outlook (Revenue, USD Million, 2018-2030)
    • Traditional Pelagic and Demeral Species
    • Tuna
    • Salmon
    • Pangasius
    • Tilapia
  • Global Fish Oil Application Outlook (Revenue, USD Million, 2018-2030)
    • Human Consumption
    • Aquaculture
    • Pet Food
    • Others

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  • Our clientele includes a mix of fish oil market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global fish oil market , including forecasts for subscribers. This global databook contains high-level insights into Global fish oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global fish oil market size, by regions, 2018-2030 (US$M)

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