North America Fishmeal and Fish Oil Market 2021 Development, COVID

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The fish meal and fish oil market in North America is set to have a rapid CAGR of 8.5% over the forecast period (2021-2027). In North America, the United States and Canada are the largest producers and consumers of fish meal and fish oil. Government commitments and recommendations for the intake of essential omega-3 fatty acids such as eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) are fueling the fish meal and fish oil markets in pharmaceutical, nutritional and functional food use. In addition, fish oil is used in this region as an important feed component in aquaculture as well as in animal nutrition and pet food.

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In the US, the majority of people eat meat, which puts you at high risk of cardiovascular disease. Therefore, the government is raising awareness about the consumption of omega-3 fatty acids such as EPA and DHA in order to prevent health risks. The increasing demand for omega-3 fatty acids leads to an increasing consumption of fish oil in the USA. Similarly, Health Canada recommends taking EPA and DHA for fish oil use in the country’s pharmaceutical and nutritional supplement and functional food applications. In addition, the United States was one of the world’s leading fish and fisheries exporters in 2016. Approximately 9.6 billion pounds of fish were caught in the US in 2016. The main native species include pollock, menhaden, salmon, flatfish, and cod. Therefore, the fish meal and fish oil market in the region will grow exponentially over the forecast period.

Market coverage

Market number available for – 2020-2027

Base year – 2020

Forecast period – 2021-2027

· Segment covered – by source and application

· Countries Covered – USA and Canada

Key issues of the report

What is the market growth rate?

Which segment and which region dominates the market in the base year?

Which segment and region will project the fastest growth in the market?

How has COVID-19 affected the market?

o Recovery timeline

o Deviation from the pre-COVID forecast

o Most affected region and segment

· Who is the market leader?

· How are the actors addressing the challenges in order to keep growth going?

· Where is the investment opportunity?

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A full report on the North American Fish Meal and Fish Oil Market is available at: https://www.omrglobal.com/industry-reports/north-american-fishmeal-and-fish-oil-market

Fish meal and fish oil market reporting segment in North America

By type

· Salmon trout

· Crustaceans

· Marine fish

· Carp

Others (tilapias, eels, crabs and lobsters)

After application

· Pigs

· Poultry

· Cattle

· Aquaculture

· Pets

Others (horses and other marine species)

Fish meal and fish oil market reporting segment in North America

· UNITED STATES

· Canada

Company profiles

BASF SE

· Croda International PLC

· FF Skagen

· GC Rieber oils

Oceana Group Ltd.

Omega Protein Corp.

· Pelagies

· Royal DSM

· Sürsan A.?

The Scoular Co.

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Media contact:
Company name: Orion Market Research
Contact person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact number: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and advisory firm known for its clear and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR provides high quality syndicated research reports, bespoke research reports, consulting, and other research-based services.

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