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Mussel Oil Market Share

Report ID: GMI5028
Published Date: Apr 2021
Report Format: PDF

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Mussel Oil Market Share

Global mussel oil market is highly consolidated owing to the low presence of players in the market. The key player in the market includes :

Waitaki Bio
BioMer Ltd
Nature’s Range
Aroma NZ Ltd
Great HealthWorks
Blackmores Group
Henry Blooms Health Products
MOXXOR LLC
Lovely Health Ltd
Xtend-Life

The key market participants are implementing various strategies includes research & development activities, technology advancement, new product launches, acquisitions and mergers in order to increase market share and to tap the growth opportunities in the market.

For instance, Aroma NZ Ltd use Flash-drying technology to dehydrate heat-sensitive products such as slurries, bioactive proteins, granules, and powders. It allows the use of high temperatures and guarantees the highest quality of finished product. This process helps the company to develop GlycOmega mussel powder in 5 minutes, without loss of any Omega-3 lipids and bioactive proteins.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The global mussel oil industry share was valued at over USD 37.5 million in 2020 and will grow at a CAGR of 5.5% over 2021-2027.

Dietary supplements application held a share of USD 20 million in 2020 and will expand at a CAGR of over 5.5% up to 2027 with increasing consumer inclination towards high quality supplement products due to stressful and hectic lifestyle.

The food grade mussel oil industry size will exceed a revenue of USD 30 billion by 2027, driven by rising population and the increasing number of investments across the global food sector.

APAC mussel oil industry share is expanding at a steady pace through 2027 owing to a strong personal care and cosmetics sector in the region, which is growing rapidly.