The North America Krill Oil Market would witness market growth of 10% CAGR during the forecast period (2019-2025). Technological developments in the processing of Active Pharmaceutical Ingredients (APIs) and highly potent active ingredients are projected to increase omega 3 demand. This would eventually fuel the overall growth of the market over the forecast period. Krill oil suppliers face challenges because of the high production costs and poor supplier-end economies of scale. At the point of extraction, oil filtration, separation, and processing, the slowdowns associated with the production costs continue to exist. This increases the overall cost of the product which impedes the market growth.
North America accounted for a significant share of the global market revenue in 2018. Supplements and functional foods, formulas for infants, and pharmaceuticals are some of the region's main application categories. Increasing customer interest in fitness in the U.S., Canada, and Mexico is expected to drive product demand in the application of functional foods and beverages. In addition, various health benefits and the introduction of new types of dietary supplements are further expected to improve North America's demand for krill oil over the coming years.
Based on Application, the market is segmented into Dietary Supplements, Functional Food & Beverages, Animal Food & Pet Food, Pharmaceuticals, and Other Krill Oil Application. Based on Form, the market is segmented into Soft gels, Capsules and Liquids. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Krill Oil Market in North America is expected to register a CAGR of 10% during the forecast period (2019-2025)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Reckitt Benckiser Group PLC (Schiff Nutrition International, Inc.), Aker ASA (Aker BioMarine), Norwegian Fish Oil AS, NutriGold Inc., Rimfrost AS, Qingdao Kangjing Marine Biotechnology Co., Ltd., NWC Naturals, Inc., Nutracode LLC, Ergomax, and Coastside Bio Resources.
Scope of the Krill Oil Market Analysis
Market Segmentation:
By Application
- Dietary Supplements
- Functional Food & Beverages
- Animal Food & Pet Food
- Pharmaceuticals and
- Other Krill Oil Application
By Form
- Soft gels
- Capsules and
- Liquids
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- Reckitt Benckiser Group PLC (Schiff Nutrition International, Inc.)
- Aker ASA (Aker BioMarine)
- Norwegian Fish Oil AS
- NutriGold Inc.
- Rimfrost AS
- Qingdao Kangjing Marine Biotechnology Co., Ltd.
- NWC Naturals, Inc.
- Nutracode LLC
- Ergomax
- Coastside Bio Resources
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Krill Oil Market, by Application
1.4.2 North America Krill Oil Market, by Form
1.4.3 North America Krill Oil Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Krill Oil Market by Application
3.1 North America Dietary Supplements Market by Country
3.2 North America Functional Food & Beverages Market by Country
3.3 North America Animal Food & Pet Food Market by Country
3.4 North America Pharmaceuticals Market by Country
3.5 North America Other Krill Oil Application Market by Country
Chapter 4. North America Krill Oil Market by Form
4.1 North America Soft gels Market by Country
4.2 North America Capsules Market by Country
4.3 North America Liquids Market by Country
Chapter 5. North America Krill Oil Market by Country
5.1 USA Krill Oil Market
5.1.1 USA Krill Oil Market by Application
5.1.2 USA Krill Oil Market by Form
5.2 Canada Krill Oil Market
5.2.1 Canada Krill Oil Market by Application
5.2.2 Canada Krill Oil Market by Form
5.3 Mexico Krill Oil Market
5.3.1 Mexico Krill Oil Market by Application
5.3.2 Mexico Krill Oil Market by Form
5.4 Rest of North America Krill Oil Market
5.4.1 Rest of North America Krill Oil Market by Application
5.4.2 Rest of North America Krill Oil Market by Form
Chapter 6. Company Profiles
6.1 Reckitt Benckiser Group PLC (Schiff Nutrition International, Inc.)
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expenses
6.2 Aker ASA (Aker BioMarine)
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.3 Norwegian Fish Oil AS
6.3.1 Company Overview
6.4 NutriGold, Inc.
6.4.1 Company Overview
6.5 Rimfrost AS
6.5.1 Company Overview
6.6 Qingdao Kangjing Marine Biotechnology Co., Ltd.
6.6.1 Company Overview
6.7 NWC Naturals, Inc.
6.7.1 Company Overview
6.8 Nutracode LLC
6.8.1 Company Overview
6.9 Ergomax
6.9.1 Company Overview
6.1 Coastside Bio Resources
6.10.1 Company Overview
TABLE 1 North America Krill Oil Market, 2015 - 2018, USD Thousands
TABLE 2 North America Krill Oil Market, 2019 - 2025, USD Thousands
TABLE 3 North America Krill Oil Market by Application, 2015 - 2018, USD Thousands
TABLE 4 North America Krill Oil Market by Application, 2019 - 2025, USD Thousands
TABLE 5 North America Dietary Supplements Market by Country, 2015 - 2018, USD Thousands
TABLE 6 North America Dietary Supplements Market by Country, 2019 - 2025, USD Thousands
TABLE 7 North America Functional Food & Beverages Market by Country, 2015 - 2018, USD Thousands
TABLE 8 North America Functional Food & Beverages Market by Country, 2019 - 2025, USD Thousands
TABLE 9 North America Animal Food & Pet Food Market by Country, 2015 - 2018, USD Thousands
TABLE 10 North America Animal Food & Pet Food Market by Country, 2019 - 2025, USD Thousands
TABLE 11 North America Pharmaceuticals Market by Country, 2015 - 2018, USD Thousands
TABLE 12 North America Pharmaceuticals Market by Country, 2019 - 2025, USD Thousands
TABLE 13 North America Other Krill Oil Application Market by Country, 2015 - 2018, USD Thousands
TABLE 14 North America Other Krill Oil Application Market by Country, 2019 - 2025, USD Thousands
TABLE 15 North America Krill Oil Market by Form, 2015 - 2018, USD Thousands
TABLE 16 North America Krill Oil Market by Form, 2019 - 2025, USD Thousands
TABLE 17 North America Soft gels Market by Country, 2015 - 2018, USD Thousands
TABLE 18 North America Soft gels Market by Country, 2019 - 2025, USD Thousands
TABLE 19 North America Capsules Market by Country, 2015 - 2018, USD Thousands
TABLE 20 North America Capsules Market by Country, 2019 - 2025, USD Thousands
TABLE 21 North America Liquids Market by Country, 2015 - 2018, USD Thousands
TABLE 22 North America Liquids Market by Country, 2019 - 2025, USD Thousands
TABLE 23 North America Krill Oil Market by Country, 2015 - 2018, USD Thousands
TABLE 24 North America Krill Oil Market by Country, 2019 - 2025, USD Thousands
TABLE 25 USA Krill Oil Market, 2015 - 2018, USD Thousands
TABLE 26 USA Krill Oil Market, 2019 - 2025, USD Thousands
TABLE 27 USA Krill Oil Market by Application, 2015 - 2018, USD Thousands
TABLE 28 USA Krill Oil Market by Application, 2019 - 2025, USD Thousands
TABLE 29 USA Krill Oil Market by Form, 2015 - 2018, USD Thousands
TABLE 30 USA Krill Oil Market by Form, 2019 - 2025, USD Thousands
TABLE 31 Canada Krill Oil Market, 2015 - 2018, USD Thousands
TABLE 32 Canada Krill Oil Market, 2019 - 2025, USD Thousands
TABLE 33 Canada Krill Oil Market by Application, 2015 - 2018, USD Thousands
TABLE 34 Canada Krill Oil Market by Application, 2019 - 2025, USD Thousands
TABLE 35 Canada Krill Oil Market by Form, 2015 - 2018, USD Thousands
TABLE 36 Canada Krill Oil Market by Form, 2019 - 2025, USD Thousands
TABLE 37 Mexico Krill Oil Market, 2015 - 2018, USD Thousands
TABLE 38 Mexico Krill Oil Market, 2019 - 2025, USD Thousands
TABLE 39 Mexico Krill Oil Market by Application, 2015 - 2018, USD Thousands
TABLE 40 Mexico Krill Oil Market by Application, 2019 - 2025, USD Thousands
TABLE 41 Mexico Krill Oil Market by Form, 2015 - 2018, USD Thousands
TABLE 42 Mexico Krill Oil Market by Form, 2019 - 2025, USD Thousands
TABLE 43 Rest of North America Krill Oil Market, 2015 - 2018, USD Thousands
TABLE 44 Rest of North America Krill Oil Market, 2019 - 2025, USD Thousands
TABLE 45 Rest of North America Krill Oil Market by Application, 2015 - 2018, USD Thousands
TABLE 46 Rest of North America Krill Oil Market by Application, 2019 - 2025, USD Thousands
TABLE 47 Rest of North America Krill Oil Market by Form, 2015 - 2018, USD Thousands
TABLE 48 Rest of North America Krill Oil Market by Form, 2019 - 2025, USD Thousands
TABLE 49 Key information – Reckitt Benckiser Group PLC
TABLE 50 Key Information – Aker ASA (Aker BioMarine)
TABLE 51 Key Information – Norwegian Fish Oil AS
TABLE 52 Key Information – NutriGold, Inc.
TABLE 53 Key Information – Rimfrost AS
TABLE 54 Key Information – Qingdao Kangjing Marine Biotechnology Co., Ltd.
TABLE 55 Key Information – NWC Naturals, Inc.
TABLE 56 Key Information – Nutracode LLC
TABLE 57 Key Information – Ergomax
TABLE 58 Key information – Coastside Bio Resources
List of Figures
FIG 1 Methodology for the research