Mussel Oil Market Size, Share & Trends Analysis Report By Grade (Food, Cosmetic, Pharmaceutical), By Application (Processed Food, Dietary), By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030

Report Overview

The global mussel oil market size was estimated at USD 57.1 million in 2023 and is projected to expand further at a CAGR of 5.4% from 2024 to 2030. This growth is attributed to the increasing demand for nutritional food supplements and the rise in chronic diseases such as cardiovascular disease, respiratory issues, autoimmune disorders, diabetes, and cancer, especially among the growing geriatric population. In addition, the rising popularity of mussel oil as a dietary supplement to boost immunity and provide therapeutic benefits for mobility, bone, lung, and heart health is further propelling the market. Furthermore, the growing demand for natural and organic skincare products contributes to the market's expansion due to mussel oil's anti-inflammatory and anti-aging properties.

Mussel oil is gaining traction due to increasing consumer awareness of its health benefits, particularly its high omega-3 fatty acid content. These fatty acids are linked to improvements in cardiovascular health and cognitive function. The rise in chronic diseases such as autoimmune disorders, respiratory illnesses, diabetes, and cardiovascular diseases further propels demand for nutritional supplements such as mussel oil. Furthermore, the product is finding new applications in the cosmetic industry and as a supplement for pet food, enhancing its market appeal.

In addition, mussel oil is recognized for effectively alleviating conditions such as arthritis and asthma by reducing inflammation. With over 500 million people affected by osteoarthritis globally, the demand for products that can mitigate joint pain is significant. The oil also lowers the risk of cognitive disorders and supports heart health by combating inflammation and oxidative stress. As cardiovascular disease remains a leading cause of death worldwide, the therapeutic potential of mussel oil is increasingly valued.

Moreover, its low-fat content and antioxidant properties make it a desirable choice for health-conscious consumers. The growing trend towards natural and organic products, coupled with the rise of e-commerce platforms for dietary supplements, is expected to further drive the growth of the mussel oil market in the coming years. These factors contribute to a robust outlook for mussel oil as a versatile health supplement across various industries.

Grade Insights

Pharmaceutical grade led the market and accounted for the largest revenue share of 56.7% in 2023 driven by an increasing consumer focus on health and wellness. Mussel oil is recognized for its high concentration of beneficial compounds, including omega-3 fatty acids and anti-inflammatory agents, making it a valuable addition to various pharmaceutical formulations. In addition, as chronic conditions such as arthritis, asthma, and cardiovascular diseases become more prevalent, the demand for natural and effective treatments rises. Furthermore, this trend is further supported by a shift towards preventive healthcare, prompting consumers to seek natural alternatives that promote overall well-being.

The cosmetic grade segment is expected to grow at a CAGR of 5.5% over the forecast period attributed to its recognized benefits in skincare and haircare products. Mussel oil's anti-inflammatory and antioxidant properties make it an attractive ingredient for formulations to reduce hair loss, promote hair growth, and enhance skin health. In addition, the growing consumer preference for natural and organic beauty products propels this market segment forward. Furthermore, rising awareness about the harmful effects of synthetic ingredients has led to increased demand for eco-friendly and sustainable cosmetic options.

Application Insights

Dietary supplements dominated the market and accounted for the largest revenue share of 34.8% in 2023 attributed to an increasing awareness of health and wellness among consumers. With rising incidences of chronic diseases, including cardiovascular conditions and autoimmune disorders, there is a heightened demand for natural products that can support overall health. Mussel oil, rich in omega-3 fatty acids and antioxidants, is recognized for its potential benefits in enhancing immune function, joint health, and cognitive performance. Furthermore, busy lifestyles often lead to nutritional deficiencies, making dietary supplements convenient for consumers seeking to maintain their health.

The biopharmaceuticals segment is expected to grow at the fastest CAGR of 6.0% over the forecast period owing to the therapeutic properties of mussel oil. The oil is increasingly utilized in formulations targeting various health issues, such as arthritis, asthma, and cardiovascular diseases. Its anti-inflammatory and antioxidant qualities are valuable in developing natural remedies and treatments. In addition, ongoing research into mussel oil's health benefits fosters innovation in product development within the biopharmaceutical industry. Furthermore, as consumers shift towards more sustainable and natural healthcare options, mussel oil's role in biopharmaceutical applications is expected to grow significantly.

Distribution Channel Insights

Super/hypermarket led the market and accounted for the largest revenue share of 32.9% in 2023 attributed to increasing consumer awareness of the health benefits associated with mussel oil. As more individuals seek dietary supplements rich in omega-3 fatty acids and other nutrients, supermarkets are expanding their product offerings to meet this demand. Furthermore, the convenience of offline shopping and the ability to physically inspect products encourage consumers to purchase mussel oil from these retail outlets. Moreover, this trend is further supported by the rising popularity and availability of mussel oil products in established supermarket chains, making them a dominant distribution channel.

E-commerce is expected to experience rapid growth over the forecast period, owing to the increase in internet access and smartphone usage. These have made online shopping more accessible, allowing consumers to purchase mussel oil conveniently from home. In addition, e-commerce platforms often offer competitive pricing and promotions, attracting price-sensitive customers. Furthermore, social media marketing plays a significant role in raising awareness about the benefits of mussel oil and driving traffic to online stores.

Regional Insights

The North America mussel oil market dominated the global market and accounted for the largest revenue share of 34.5% in 2023 attributed to increasing consumer awareness regarding the health benefits associated with mussel oil, particularly its anti-inflammatory properties. In addition, the rising demand for dietary supplements and natural health products further propels market expansion. Furthermore, the growing trend towards preventive healthcare has led consumers to seek alternatives to conventional medications. The robust distribution channels, including supermarkets and online platforms, also facilitate easy access to mussel oil products, enhancing their market presence in the region.

U.S. Mussel Oil Market Trends

The mussel oil market in the U.S. is expected to experience substantial growth over the forecast period, owing to a surge in health-conscious consumers seeking natural supplements for joint health and overall wellness. The popularity of omega-3 fatty acids found in mussel oil aligns with dietary trends emphasizing nutritional benefits. In addition, the increasing prevalence of lifestyle-related health issues has prompted consumers to incorporate dietary supplements into their routines. Moreover, the strong presence of e-commerce platforms allows for convenient purchasing options, further driving sales of mussel oil products across the country.

Asia Pacific Mussel Oil Market Trends

Asia Pacific mussel oil market is expected to grow at a CAGR of 6.1% over the forecast period driven by rising health awareness and changing consumer preferences for natural products. The region's large population and increasing disposable incomes contribute to greater demand for dietary supplements. In addition, the growth of aquaculture activities enhances the supply of green-lipped mussels rich in beneficial nutrients. Furthermore, technological advancements in extraction processes also improve product quality and availability, supporting market growth in this dynamic region.

The mussel oil market in China is expected to hold a significant share of the Asia Pacific market in 2023 attributed to its vast population and increasing interest in health supplements. The demand for natural remedies and dietary enhancements is rising as consumers become more aware of the benefits associated with mussel oil. Furthermore, government initiatives promoting aquaculture development are boosting local production capabilities.

India mussel oil market is expected to grow significantly over the forecast period, owing to a growing focus on preventive healthcare and wellness among consumers. The increasing prevalence of joint-related ailments has increased demand for natural anti-inflammatory products such as mussel oil. In addition, rising disposable incomes enable consumers to invest in health supplements. Furthermore, expanding e-commerce platforms facilitates access to these products, allowing consumers to explore various options conveniently. This growing awareness and accessibility contribute significantly to the overall growth of the mussel oil market in India.

Europe Mussel Oil Market Trends

The mussel oil market in Europe accounted for a revenue share of 28.6% in 2023 pertaining to the favorable government regulations supporting aquaculture and sustainable seafood practices. In addition, countries such as the UK and France are witnessing increased consumption of mussel oil due to its applications in dietary supplements and cosmetics. The aging population in Europe also drives demand for health products that promote joint health and mobility. Furthermore, a shift towards natural and organic ingredients in personal care products enhances the appeal of mussel oil, positioning it as a valuable ingredient across various sectors.

The growth of the UK mussel oil market is expected to be driven by the rising consumer interest in health and wellness products. The increasing awareness about the nutritional benefits of mussel oil is contributing to its adoption among health-conscious individuals. In addition, the robust retail landscape, including supermarkets and specialty health stores, provides ample opportunities for product availability. Furthermore, as consumers seek natural alternatives for dietary supplementation, the demand for mussel oil continues to rise within the UK market.

Key Companies & Market Share Insights

Some key mussel oil market companies include Waitaki Bio, Aroma NZ Ltd, Nature's Range, and others. Key players are adopting various strategies, such as expanding product portfolios through innovative formulations targeting specific health benefits, such as joint care and cardiovascular health. In addition, they are forming strategic partnerships with wellness-oriented companies to enhance distribution channels and increase market reach. Moreover, investment in research and development is also a priority, allowing companies to leverage technological advancements that improve product quality and sustainability, appealing to environmentally conscious consumers.

• Waitaki Bio extracts and produces high-quality green-lipped mussel oil. The company leverages New Zealand's pristine marine resources to create products renowned for their health benefits, particularly joint care and inflammation reduction. The company’s offerings cater to dietary supplements and cosmetic applications.

• Aroma NZ Ltd. focuses on sustainable practices, extracting natural ingredients from the abundant marine life surrounding New Zealand. The company supplies its products to nutraceutical companies worldwide, emphasizing the health benefits of mussel oil, such as improved joint function and overall wellness.

Mussel Oil Market Report Scope

Global Mussel Oil Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and analyzes the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global mussel oil market report based on grade, application, distribution channel, and region. 

• Grade Outlook (Revenue, USD Million, 2018 - 2030)

  • Food Grade

  • Cosmetic Grade

  • Pharmaceutical Grade

• Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Processed Food

  • Beauty & Cosmetics

  • Biopharmaceuticals

  • Dietary Supplements

  • Pet Food & Veterinary

• Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Super/Hypermarket

  • Pharmacy

  • E-commerce

  • Retail Stores

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

  • Latin America

    • Brazil

  • Middle East and Africa (MEA)

    • South Africa