(EMAILWIRE.COM, July 17, 2024 ) As per Stellar Market Research, The Cod Liver Oil Market size was valued at USD 94.12 Bn. in 2023 and the total Global Cod Liver Oil revenue is expected to grow at a CAGR of 6.4% from 2024 to 2030, reaching nearly USD 145.30 Bn. by 2030.
According to SMR, The United States has the Worlds 12th highest obesity rate (36.5%) and is the most obese OECD (Organisation for Economic Co-operation and Development) Country. North America has dominated the Cod Liver Oil Market, which held the largest market share accounting for 47.2 % in 2023, the region is expected to grow during the forecast period and maintain its dominance by 2030. Asia-Pacific also has the fastest-growing region in the cod liver oil market in 2023.
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In January 2022, Orkla Health, acquired Vesterälen Marine Olje AS
In January 2024, Wiley’s Finest launched Cod Liver Oil+ in new formula packages that contain vitamin D, Vitamin E, and omega 3s EPA and DHA
In May 2021, Vesteraalens AS received the ORIVO certification
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Cod Liver Oil Market Segmentation:
By Source
Atlantic
Arctic
Pacific
Others
By Form
Liquid
Soft Gels
Capsules & Tablets
By Application
Dietary Supplements
Pharmaceuticals
Nutraceuticals
Personal Care & Cosmetics
By Distribution Channel
Online
Offline
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Cod Liver Oil Markets Key Players:
Omega Protein Corporation (U.S.)
BASF SE (Germany)
Nordic Naturals Inc. (California)
Croda International Plc (U.K.)
OLVEA Fish Oils (France)
GC Rieber (Norway)
Carlson Laboratories Inc. (U.S.)
Stellar Market Research is leading Food & Beverages research firm, has also published the following reports:
Whey Protein Market size was valued at USD 8.86 Bn. in 2023 and the total Global Whey Protein revenue is expected to grow at a CAGR of 9.42% from 2024 to 2030, reaching nearly USD 16.64 Bn. by 2030.
Vitamin K Market size was valued at USD 925.01 Mn. in 2023 and the total Vitamin K Market size is expected to grow at a CAGR of 7.48% from 2024 to 2030, reaching nearly USD 1532.64 Mn. by 2030.
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Stellar Market Research is a Pune based research firm. The company provides B2B and B2C research and reports on 6,500 high-growth emerging opportunities and technologies as well as threats to the companies. The topics include Healthcare, Pharmaceuticals, Electronics and communications, Internet of Things, Food and Beverages, Aerospace and defence, and other manufacturing sectors.
