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Fish Oil Alternatives Market Share

Report ID: GMI5421
Published Date: Jan 2023
Report Format: PDF

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Fish Oil Alternatives Market Share

Some of the leading companies operating in the fish oil alternatives market include

Burcon
Cargill Inc.
Archer-Daniels-Midland Company (ADM)
Dupont
Sotexpro
Wilmar International
CHS Inc.
Farbest Brands
Sonic Biochem
Prinova Group LLC
Medix Laboratories
Chaitanya Chemicals
Bioway
Batory Foods

These companies are focusing on strategic partnerships, product developments, and acquisitions to reinforce their presence in the industry.

For instance, in September 2021, Algarithm, AlaskOmega, and Aenova partnered to design chewable vegan soft gel capsules with microalgae-based alpha mega omega-3 DHA oil. This initiative was meant to allow the companies to expand their customer base and gain a competitive edge over rivals in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global fish oil alternatives market size crossed USD 2 billion in 2022 and will depict over 5% CAGR through 2023-2032, due to the high preference for plant-based diets to reduce cardiovascular disease burden.

The fish oil alternatives industry share from the chia seeds oil segment will register a 6% CAGR through 2023-2032, considering the rapid rise in demand for personal care solutions.

Europe fish oil alternatives industry is anticipated to be valued at over USD 4 billion by 2032, given the expansion of cattle, poultry, and aquaculture sectors.

Prominent players in the fish oil alternatives market include Burcon, Cargill Inc., Archer-Daniels-Midland Company (ADM), Dupont, Wilmar International, Prinova Group LLC, Medix Laboratories, Chaitanya Chemicals, and Batory Foods, among others.