Dublin, Nov. 10, 2020 (GLOBE NEWSWIRE) -- The "Global Krill Fishery Market - Analysis by Fishing Purpose (Oil, Meal, Pet Food), Species (Superba, Pacifica), by Region, by Country (2020 Edition): Market Insights, Covid-19 Impact, Competition and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.
Global Krill Fishery Market was valued at USD 354.71 million in the year 2019
Rising prevalence of life threatening and gastrointestinal diseases, augmented awareness of benefits associated with omega 3, technological advancements in Krill Fishery Market coupled with the rising awareness of health benefits associated with krill products for human as well as pet health are the major factors impelling the market growth.
Further, rising geriatric population, hypertension, unhealthy lifestyle are the factors propelling the market. Rising importance of krill oil, tablets and capsules for skin health and in sports nutrition products also have been anticipated to infuse growth in the market for Krill Fishery during the forecast period of 2020-2025.
Under the Fishing Purpose segment, Krill Oil is anticipated to witness the largest market share owing to rising usage of krill oil in infant formula because of the presence of eicosapentaenoic corrosive (EPA) and docosahexaenoic corrosive (DHA) which improve new born child mental health.
Furthermore, rising usage of krill oil for keeping good pet health and other human diseases are driving the market. The Covid-19 pandemic has caused disruptions in productions level of Aker BioMarine, which is the global leader, but the company took measures to mitigate substantial negative impact. Also, setting new standards for technology and sustainability in krill harvesting by krill harvesting companies are expected to support the krill fishery market to a greater extent.
On the basis of Species, Euphausia superba held the largest market share and value during the historical period as it is used due to its benefits for human consumption, aquaculture and pet food. Antarctic krill is a 'superfood of the sea' due to its rich content of long-chain omega-3 fatty acids and astaxanthin.
Among the regions, Americas is largest market of krill and related products. Factors such as rising number of patients with chronic heart diseases, rising diabetic population, blood pressure diseases are driving the market for the Krill Fishery in the region. In addition, the market is anticipated to be primarily fueled by increasing diversification in products portfolio by leading manufacturers in order to better serve the demand of consumers.
Furthermore, burgeoning consumer population and rising per capita disposable income is expected to drive notable growth in the consumption of Krill in the region.
Key Topics Covered:
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Global Krill Fishery Market: Product Outlook
4. Global Krill Fishery Market: Sizing and Forecast
4.1 Market Size, By Value, Year 2015-2025
5. Global Krill Fishery Market Segmentation By Fishing Purpose (By Value)
5.1 Competitive Scenario of Global Krill Fishery Market - By Fishing Purpose (2019 & 2025)
5.2 Krill Oil - Market Size and Forecast (2020-2025)
5.3 Krill Meal- Market Size and Forecast (2020-2025)
5.4 Krill Pet Food - Market Size and Forecast (2020-2025
6. Global Krill Fishery Market Segmentation By Species (By Value)
6.1 Competitive Scenario of Global Krill Fishery Market - By Species (2019 & 2025)
6.2 Euphausia superba - Market Size and Forecast (2020-2025)
6.3 Euphausia Pacificia - Market Size and Forecast (2020-2025)
7. Global Krill Fishery Market: Regional Analysis
7.1 Competitive Scenario of Global Krill Fishery Market: By Region (2019 & 2025)
8. Americas Krill Fishery Market: Segmentation By Fishing Purpose, Species, Organ Type (2020-2025)
8.1 Americas Krill Fishery Market: Size and Forecast (2020-2025)
8.2 Americas Prominent Companies in Krill Fishery Market
8.3 Market Segmentation By Fishing Purpose (Krill Oil, Krill Meal and Krill Pet Food)
8.4 Market Segmentation By Species (Euphausia superba and Euphasia Pacificia)
8.5 Americas Krill Fishery Market: Country Analysis
8.6 Market Opportunity Chart of Americas Krill Fishery Market - By Country, By Value (Year-2024)
8.7 Competitive Scenario of Americas Krill Fishery Market: By Country (2019 & 2025)
8.8 United States Krill Fishery Market: Size and Forecast (2020-2025)
8.9 United States Krill Fishery Market Segmentation By Fishing Purpose and By Species(2020-2025)
8.10 Chile Krill Fishery Market: Size and Forecast (2020-2025)
8.11 Chile Krill Fishery Market Segmentation By Fishing Purpose and By Species (2020-2025)
9. Europe Krill Fishery Market: Segmentation By Fishing Purpose, Species, Organ Type (2020-2025)
10. Asia Pacific Krill Fishery Market: Segmentation By Fishing Purpose, Species, Organ Type (2020-2025)
11. Global Krill Fishery Market Dynamics
11.1 Global Krill Fishery Market Market Drivers
11.2 Global Krill Fishery Market Restraints
11.3 Global Krill Fishery Market Trends
12. Market Attractiveness
12.1 Market Attractiveness Chart of Global Krill Fishery Market - By Fishing Purpose (Year 2025)
12.2 Market Attractiveness Chart of Global Krill Fishery Market - By Species (Year 2025)
12.3 Market Attractiveness Chart of Global Krill Fishery Market - By Region, By Value, (Year-2024)
13. Competitive Landscape
13.1 Market Share Analysis
14. Company Profiles (Business Description, Financial Analysis, Business Strategy)
14.1 Aker BioMarine
14.2 Rimfrost AS
14.3 Alfa Laval
14.4 China National Fisheries (Group) Corporation
14.5 Omega Protein
For more information about this report visit https://www.researchandmarkets.com/r/l2ryue
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