North America 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 North America Mussel Oils Market would witness market growth of 4.22% CAGR during the forecast period (2019-2025).
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. A green-lipped mussel oil supplement increases the overall circulation by protecting the arterial wall; avoiding heart attacks and heart disease while increasing blood flow, reducing blood pressure and cholesterol. Getting this type of omega-3 helps the body develop antibodies that are necessary to fight off infection and provides relief from allergies and asthma. It also protects the digestive tract lining, promoting a healthy intestine, where most of the immune system is located.
With consumers shifting to a vegan lifestyle, the market is expected to slow down in terms of demand for as mussel oil is originated from an animal. Global warming, ocean pollution, and human activities' exploitation of the oceans have substantially disturbed ocean biodiversity, leading to a decline in the ocean's mussel count. This is a primary limitation on the global market for mussel oil. With increasing activities and programs to protect ocean and welfare biodiversity, it is expected that the mussel oil market will remain stagnant.
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 U.S., Mexico, Canada, and Rest of North America.
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
- Rest of North America
- 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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