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September 2025
The global fish oil market size estimated at USD 8.52 billion in 2024 and is anticipated to increase from USD 9.24 billion in 2025 to an estimated USD 19.26 billion by 2034, witnessing a CAGR of 8.5% during the forecast period from 2025 to 2034. The market is driven by increasing consumer concerns related to the health advantages of omega-3 fatty acids on heart and brain health.
| Study Coverage | Details |
| Growth Rate from 2025 to 2034 | CAGR of 8.5% |
| Market Size in 2025 | USD 9.24 Billion |
| Market Size in 2026 | USD 10.03 Billion |
| Market Size by 2034 | USD 19.26 Billion |
| Largest Market | North America |
| Base Year | 2024 |
| Forecast Period | 2025 to 2034 |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Fish oil market deals with omega-3 fatty acid products (primarily EPA and DHA) derived from marine sources (anchovy, sardine, mackerel, tuna, cod liver, krill-derived alternatives in some mixes) sold as bulk oils, refined concentrates, ethyl esters, triglyceride/formulated oils, encapsulated dietary supplements (Softgels, liquids), pharma-grade omega-3 therapeutics, infant nutrition ingredients, and ingredient services (refining, molecular distillation, GMP manufacturing) to supplement brands, nutraceutical/OTC, food & beverage fortification, pharmaceuticals, and animal feed industries.
The market growth is driven by factors such as the increasing consumer awareness towards health and wellness, increasing demand for omega-3 fatty acids, increasing use of fish oil in medical industries, growing geriatric population, rising product innovation, increasing demand for pet food formulations and nutritional supplements and rapidly growing aquaculture industry. In addition, increasing consumer preference towards sustainability, increasing adoption of functional food and beverages and increasing government health initiatives are further expected to fuel the growth of the market during the forecast period.
One of the significant opportunities revolutionizing market growth is the rising technological advancements in fish oil encapsulation and refining. The rising modern systems, including DSM’s high-concentrate omega-3 oils, reduced oxidation, offer improved bioavailability further improving consumer satisfaction. The increasing presence of omega-3 supplementation enhancing the consumer confidence, by reducing the risk of sudden cardiac death compared to placebo. In addition, the integration of vegan omega-3 alternatives, including algae-based oils and sustainable sourcing practices, further supports functional food and beverages. These advanced factors are expected to revolutionize the growth of the fish oil market in the coming years.
One of the major challenging factors restraining market growth is the increasing sustainability concerns and price volatility. In environmentally conscious markets, sustainability concerns continue to hinder widespread adoption in fish oil sourcing. Leading to concerns about marine ecosystem bycatch and depletion, fish oil is derived from overfished species such as sardine and anchovy. In addition, the increasing high cost of sustainable sourcing, including Marine Stewardship Council (MSC)-certified fisheries, which may increase production costs, is further expected to restrain the growth of the fish oil market.
How do North America Dominates the Fish Oil Market Revenue in 2024?
North America dominated the market in 2024. The market growth in the region is attributed to the factors such as the rising advancements in refining technologies, increasing need for dietary supplements, increasing government favorable policies, increasing consumer awareness of health benefits, increasing consumer preference towards traceable and sustainable fish oil products and increasing demand for high-purity fish oil.
The U.S. and Canada are dominating countries driving the market growth.
The U.S. dominated the market revenue in 2024. The market growth in the U.S. is driven by the rising innovation in high-concentrate solutions, increasing consumption of functional food and omega-3 supplements and increasing benefits from robust dietary supplement industry. The major market players in the U.S. such as Omega Protein Corporation and DSM to offer high-concentrate and innovative solutions to meet consumer demands, further drives the market growth in the U.S.
Asia Pacific Fish Oil Market Trends
Asia Pacific is expected to grow fastest during the forecast period. The market growth in the region is driven by factors such as the increasing demand for affordable fish oil supplements, increasing supportive government nutrition program and increasing consumer awareness towards health and wellness. China, India, Japan and South Korea are the fastest growing countries driving the market growth.
How Encapsulated Consumer Supplements Segment Dominates The Fish Oil Market Revenue In 2024?
The encapsulated consumer supplements segment dominated the market revenue in 2024. Encapsulated consumer supplements play an important role in the fish oil industry as it protects active ingredients and enhances bioavailability from degradation caused by oxygen, heat and light, which makes unpleasant odors and tastes and improves stability. This leads to better consumer experience, targeted delivery, consistent quality and increased shelf life for several minerals, vitamins, nutraceuticals and other functional ingredients, further increase the demand for encapsulated supplements in the global market.
The Concentrated Omega-3 Oils Segment is Expected to Grow Fastest During the Forecast Period.
Concentrated omega-3 oils are necessary for fatty acids and deliver therapeutic doses of DHA and EPA. In addition, nutritional benefits, such as reducing inflammation, enhance eye health, improve brain function, and enhance heart health, which may increase the demand for concentrated omega-3 oils.
Why Small Pelagic Fish Segment Dominates the Fish Oil Market Revenue in 2024?
The small pelagic fish segment dominated the global market revenue in 2024. The small pelagic fish oil is a major source of necessary omega-3, fatty acids for both animal and human feed. It produces fishmeal from species such as anchovies and sardines, as it is a rich and vital by-product. In addition, improving global food security, enhancing human supplements, improving animal and human feed and enhancing feed in aquaculture industry are the major health benefits of small pelagic fish, which are expected to drive segment growth.
The Algal Oil Segment is Expected to Grow Fastest During the Forecast Period.
The segment growth in the market is driven by factors such as the increasing consumer demand for vegetarian and vegan options, increasing environmental awareness, increasing consumer preference towards sustainability and serves necessary dietary supplement for breastfeeding and pregnant women to enhance development of babies eyes and brains.
What Factors Help Natural Triglyceride Segment Grow in 2024?
Natural triglyceride segment dominated the market revenue in 2024. The natural triglyceride is the natural form of omega-3 fatty acids available in fish and their superior absorption and bioavailability by the human body. The triglyceride structure enables greater absorption and easier digestion, which needs more comfort. This enhanced absorption translates to better health benefits for consumers, which is expected to drive the segment growth in the market growth.
The Re-Esterified TG Concentrates Segment is Expected to Grow Fastest During the Forecast Period.
The segment growth in the global fish oil market is driven by various health benefits such as enhanced better absorption and bioavailability, reduced side effects, increasing prevalence of cardiovascular diseases, improved dry eye symptoms, better reduction of blood triglyceride levels and offer a highly available and natural form of omega-3.
How Food Grade Segment Dominates the Fish Oil Market Revenue in 2024?
The food grade segment held the largest market revenue in 2024. The food grade plays an important role in the fish oil industry that reduces oxidation and toxins and enabling fish oil to be used in dietary supplements and fortified food and beverages, especially brain and cardiovascular functions. In addition, food grade has several benefits such as enhanced bioavailability, increase consumer confidence, enhance product development, improve nutritional quality and increased safety for consumption, which further expected to accelerate the demand for food grade in the market.
The Pharmaceutical/USP-Grade Segment is Expected to Grow Fastest During the Forecast Period.
Pharmaceutical or USP-grade fish oil signifies high quality in terms of freshness, potency and purity. Furthermore, enhanced purity, potency, improve freshness, improve identity, enhance performance, improve independent verification, ensuring stability and freshness and built consumer confidence are the major benefits driving the segment growth in the global market.
Why Dietary Supplements Segment Dominates the Fish Oil Market Revenue in 2024?
The dietary supplements segment dominated the market revenue in 2024. The segment growth in the global market is attributed to the factors such as increasing demand for nutritional supplements, increasing consumer awareness towards health and wellness, helping in fetal development, supporting brain and eye health, reducing inflammation and enhancing cardiovascular health.
The Infant and Maternal Segment is Expected to Grow Fastest During the Forecast Period.
The infant and maternal play an important role in the fish oil industry which are focusing on offering omega-3 fatty acids and necessary for maternal health, retinal development and fetal brain. In addition, improved maternal health, reduced risks of preterm birth, and improved infant growth and neurodevelopment are the major health benefits further expected to drive the segment growth in the market.
Raw Material Procurement
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Waste Management and Recycling
Rasayanam
Corbion
GC Rieber VivoMega
By Product Form/Format
By Source Species/Raw Material
By Chemical/Concentration Type
By Purity/Quality Grade
By Application/End-Use
By Region
September 2025
September 2025
September 2025
September 2025
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