LAMEA Mussel Oils Market By Application (Dietary Supplements, Processed Food, Biopharmaceutical, Pet Food & Veterinary and Beauty & Online) By Distribution Channel (Hypermarket/Supermarket, Pharmacy, Online and Other Channels) By Country, Industry Analysis and Forecast, 2019 - 2025
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The Latin America, Middle East and Africa Mussel Oils Market would witness market growth of 6.44% CAGR during the forecast period (2019-2025).
Mussel oil extracted from green-lipped mussel is identified as a source of 25 different fatty acids, a major component of which is the omega-3 fatty acids. Mussel oil, therefore, has several health benefits and is extensively used in dietary supplements and for cosmetics purposes. Like most patients with chronic pain and/or inflammation, arthritis patients are always looking for a new and sustainable source of support. As a safe and effective agent in the struggle against joint pain and inflammation, New Zealand Green Lipped Mussel Oil has become widely popular in recent years. As the drug has grown in popularity, it has taken shape in many products and ways to receive the benefits.
Applications in dietary supplements drive the mussel oils market predominantly as the oil is a rich source of omega-3 fatty acids. Health awareness and awareness of the intake of RDA also contribute to the increased demand for dietary supplements, which in turn fuelled the growth of the market for mussel oils. Mussel oil has a high demand for biopharmaceuticals because of the anti-inflammatory properties conveyed by the bioactive compounds in the oil. Mussel oil extracted from green-lipped mussels contains a high amount of eicosatetraenoic acid as the only known source of ETAs is green-lipped mussel, which helps to prevent cellular inflammation.
Based on Application, the market is segmented into Dietary Supplements, Processed Food, Biopharmaceutical, Pet Food & Veterinary and Beauty & Online. Based on Distribution Channel, the market is segmented into Hypermarket/Supermarket, Pharmacy, Online and Other Channels. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PharmaZen Medicals Pte Ltd. (Waitaki Biosciences), Blackmores Group, Nature’s Range Ltd., Great HealthWorks, Inc., Aroma NZ Ltd., BioMer Limited, MOXXOR LLC, Lovely Health Ltd., Henry Blooms Health Products, and Xtend-Life.
Scope of the Mussel Oils Market Analysis
- Dietary Supplements
- Processed Food
- Pet Food & Veterinary
- Beauty & Online
By Distribution Channel
- Other Channels
- Saudi Arabia
- South Africa
- Rest of LAMEA
- PharmaZen Medicals Pte Ltd. (Waitaki Biosciences)
- Blackmores Group
- Nature’s Range Ltd.
- Great HealthWorks, Inc.
- Aroma NZ Ltd.
- BioMer Limited
- MOXXOR LLC
- Lovely Health Ltd.
- Henry Blooms Health Products
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