Fish Oil Market By Type (Crude Fish Oil, Refined Fish Oil), By Application (Aquaculture Feed, Animal Nutrition & Pet Food, Functional Food & Beverages, Dietary Supplements, Pharmaceuticals, Others), By Extraction Method (Wet Pressing, Enzymatic Hydrolysis, Supercritical Fluid Extraction, Others), By Source (Anchovy, Sardine, Mackerel, Cod, Herring, Others), and By Distribution Channel (Direct Sales, Retail Sales), Global Market Size, Segmental analysis, Regional Overview, Company share analysis, Leading Company Profiles And Market Forecast, 2025 – 2035

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What trends will shape Fish Oil Market in the coming years?

The Fish Oil Market accounted for USD 3.17 Billion in 2024 and USD 3.33 Billion in 2025 is expected to reach USD 5.52 Billion by 2035, growing at a CAGR of around 5.18% between 2025 and 2035. The fish oil market is defined as the market that is a worldwide activity of manufacturing, processing, and trading of oil obtained through fish tissues of oily fish, namely, anchovies, sardines, and mackerel. Fish oil also contains the omega-3 fatty acids EPA and DHA and is used in fish oils, dietary supplements, pharmaceuticals, animal feeds, and functional foods. This market is influenced by the high levels of awareness about health, the high demand for nutritional supplements, and the growing use in aquaculture. Asia-Pacific and North America constitute the biggest players in the consumption aspect, with unending research and development leading to product advancements. The problems of sustainability and overfishing impact the trends in the market.

What do industry experts say about the Fish Oil market trends?

“Fish oil is made from tissue of oily fish and contains omega-3 fatty acids, including eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA), which are essential nutrients for optimal health… Omega-3s offer numerous additional benefits such as enhanced brain function, reduced joint pain, better eye health, and even improved skin appearance.”

• Dr. Reuben Chen, MD, Sports Medicine Physician & Holistic Pain Management Expert

“Consuming dietary sources of omega-3s like fish and seafood promotes heart health and may reduce the risk of coronary heart disease… Larger doses of long-chain omega-3 supplements, like fish oil, are effective in reducing triglyceride levels—especially for those with existing heart disease.”

• Christine Randazzo Kirschner, MS, RDN, GI Dietitian & Founder of Amenta Nutrition (NYC)

Which segments and geographies does the report analyze?

What are the key drivers and challenges shaping the Fish Oil market?

How does rising consumer preference for omega-3 supplements boost demand?

The growing trend of preference for consumption of omega-3 supplements is a great advantage that increases the demand in the fish oil market, as people have become more conscious about the positive effects of omega-3 supplements on their cardiovascular health, brain activities, and inflammation prevention. The National Institutes of Health (NIH) claims that omega-3 fatty acids, particularly EPA and DHA contained in fish oil, are necessary substances that promote cardiovascular health and cause better cognitive development.

As consumers continue to pay more attention to the preventive care industry, the introduction of omega-3 products into their daily lives motivates the market to develop even further. According to the Centers for Disease Control and Prevention (CDC), heart disease is one of the leading killers, and people want to reduce the risks. Such educational campaigns and promotions by health professionals put more emphasis on the use of omega-3 in healthier living, boosting the sales of fish oil supplements. Ageing populations and health-seeking, millennial customers have also helped drive the ongoing spike in demand for fish oil supplements.

Can increasing awareness about cardiovascular health drive fish oil consumption?

There is a vast amount of knowledge spreading on cardiovascular health, and that is one of the leading factors in the fish oil supplement. Cardiovascular diseases (CVDs) have continued to pose as the highest cause of deaths worldwide, with an estimated 17.9 million people, or 32% of total deaths worldwide (World Health Organisation). The acknowledgement of the effectiveness of fish oil (which contains omega-3 fatty acids) in lowering the chances of getting heart conditions has motivated people to adopt the supplements as a preventive tool.

The American Heart Association emphasises that omega-3s will assist in normalising the level of triglycerides, lowering blood pressure, and cutting down the risk of arrhythmias. Since most medical guidelines and public health campaigns focus on the role of heart health, people are now more aware of the value of fish oil, which further increases its market demand. Educational establishments and health agencies of the government support this increasing consciousness through promoting dietary cardiovascular prevention measures. Therefore, higher awareness of heart health is directly related to the increased intake of fish oil.

How does high production cost impact market pricing and accessibility?

The price impact of high production costs in the fish oil market plays a significant role in the setting of market prices and in the availability of various products. High costs come due to the sourcing of raw material, superior methods of processing, and strict quality control to ensure that it meets the health requirements. These expenses increase the retail prices of the fish oil supplements, making them not affordable to wider consumers, given their needs, especially in the developing world.

A study conducted by the United States Department of Agriculture (USDA) shows that the prices of fish-derived products have been witnessed to increase over recent years due to changes in the volumes of fish being caught and the rise in operational costs. This implies a disadvantage in the entry and acquisition of smaller businesses since low-income consumers and, consequently, market expansion are constrained.

Prices have the power to make customers choose to use less expensive alternatives or even cut back on their consumption altogether. Therefore, production ease is a limiting factor because if production becomes difficult, more people will not be able to obtain the product and will continue to view fish oil supplements as luxury health products rather than everyday nutritional items.

Will rising demand for vegan alternatives create new product segments?

The growth in consumer interest in vegan versions will unlikely lead to the emergence of new segments of products in the fish oil market, except when it comes to the development of plant-based omega-3 supplements based on algae and other types of sustainable resources. Due to the increasing trend of aware consumers who seek healthier as well as non-environmentally harmful products, there is a growing demand for vegan and cruelty-free solutions.

The U.S. Department of Agriculture (USDA) states that the sale of plant-based foods increased by 27% in 2020 as compared to 2019 due to the growing interest in non-animal-based products by consumers. The National Institutes of Health (NIH) also recognises that there are similar health advantages in omega-3s derived from algae without the environmental and ethical risks that fish oil suffers as a result of overfishing. Such a move challenges manufacturers to produce and diversify into vegetarian, vegan, and individual-with-fish-allergy markets to eventually make the fish oil market into more green, renewable product lines.

Can innovative encapsulation technologies improve fish oil stability and appeal?

The novel technology of encapsulation provides a far more stable and appealing fish oil product since it prevents oxidation that could be a serious issue, limiting the shelf life and sensory properties of the commodity. By encapsulating it, the intense smell and flavour of the fish oil would be disguised to a greater extent, and its usage would be facilitated in a wider array of food and supplement forms. The U.S. Department of Agriculture (USDA) states that oxidative degradation is the key factor that decreases the nutritional value of omega-3-rich oils, and encapsulating decreases it by forming a protective wrapping against oxygen and water.

Moreover, another study carried out by the National Institutes of Health (NIH) points out that encapsulated fish oil provides better bioavailability and dissolution, which raises the health benefits. These innovations are significant to the growth of the fish oil industry, considering the increasing population of consumers who are interested in stable, convenient, and sensory-friendly omega-3 supplements. Comprehensively, encapsulation technologies assist in lengthening the shelf life of products, enhancing the taste profiles, and increasing consumer confidence, thereby helping it increase its market share in a way that is scientifically proven.

What are the key market segments in the Fish Oil industry?

Based on the type, the Fish Oil Market is classified into Crude Fish Oil and Refined Fish Oil. The Fish Oil Market has the Refined Fish Oil segment as the most noticeable. The fact is that the refined fish oil is processed, purified, and stabilised, and it has a greater possibility of being eaten by humans and is more applicable in pharmaceutical processes. Its increased quality and safety promote increased application in nutraceuticals, dietary supplements, and medical applications. Conversely, crude fish oil has found usage mainly in industrial and animal feed processing sectors, where Tyton generally has a lower market share compared to the refined and thus health- and wellness-oriented products segment.

Based on the application, the Fish Oil Market is classified into Aquaculture Feed, Animal Nutrition & Pet Food, Functional Food & Beverages, Dietary Supplements, Pharmaceuticals, and Others. The dietary supplements dominate the fish oil market. This has been facilitated by augmenting consumer awareness of the health virtues of omega-3 fatty acids, e.g., heart health, brain behaviour, and inflammation alleviation. Fish oil remains very popular among users of capsules and liquid supplements, hence a major source of food for many health-conscious individuals across the world. An increasing demand towards preventive healthcare and natural products further accelerates demand in this segment, and it suppresses other applications such as aquaculture food or pet food.

Which regions are leading the Fish Oil market, and why?

The North American fish oil market is dominant because of a combination of factors, including well-developed healthcare infrastructure, an increase in information on the benefits of omega-3 fatty acids, and high demand for fish oil by the dietary supplement and pharmaceutical industries. Major market players, constant innovation of products, and supportive regulation boost the market. In the United States, the nutraceutical industry is highly developed due to consumers who pay more and more attention to the prevention of diseases and the use of natural products.

North America also has excellent fishing and aquaculture capabilities, especially in nations such as the U.S. and Canada, which are sources of a constant supply of raw materials. The demand is also increased by the rising use of fish oil to feed animals and pet food supplements. In this case, the growing investment in research and development to enhance the effectiveness of the products also propels the market growth. Overall, the health-conscious citizens in the region, combined with the technological changes in the extraction and processing, solidify its dominance in the world fish oil market.

The Asia-Pacific fish oil market is the leader due to the availability of seafood, the existence of a robust aquaculture industry, and an increased health consciousness. China, India, Japan, and Vietnam are among the countries that have some of the most highly developed fishing and fish farming industries, and with this, there is the guarantee of the continuous flow of raw materials used in fish oil processing. The active middle-income bracket that is keen on health and nutrition growth leads to increasing demand for omega-3 supplements and fortified food and is also accompanied by major fish oil producers and processors, which present efficient production and distribution systems.

The market is further reinforced by government support for fisheries and sustainable marine practice investments and the fact that fish oil is widely incorporated in the burgeoning aquaculture farming business to promote growth and health of the fish being raised, including consumers. Asia-Pacific also has a competitive advantage in the world market due to continuous innovation in the extraction and processing technologies of fish oil.

What does the competitive landscape of the Fish Oil market look like?

The fish oil market is extremely competitive due to well-established massive players, and localised producers have dominated the market. The major players on the market, such as Croda International, Pelagia AS, BASF SE, Koninklijke DSM NV, and Omega Protein Corporation, are considered the pioneers in innovation, sustainability, and growth in terms of production capacities. Recent projects have entailed new investments in the process of sustainable sourcing and refining of products aimed at supplying the high-demand levels of high-quality omega-3 fatty acids.

Strategic alliances are also happening as a number of players have been making such efforts in order to improve their global supply chains and enter and explore emerging markets. As an illustration, Pelagia AS has developed its manufacturing capacity of marine ingredients, and Croda has focused on the creation of bio-based formulations to improve sustainability. Overall, the market is fast-changing, with high emphasis on the purity of products, meeting regulations, and ensuring environmentally friendly actions.

Fish Oil Market, Company Shares Analysis, 2024

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Which recent mergers, acquisitions, or product launches are shaping the Fish Oil industry?

• In May 2025, Hofseth Biocare launched OmeGo, a full-spectrum salmon oil ingredient containing omega-3, -5, -6, -7, -9, and -11 fatty acids, along with naturally retained astaxanthin. Garden of Life included this ingredient in its new Norwegian Salmon Oil supplement. They highlighted its improved bioavailability and wider anti-inflammatory benefits.
• In February 2025, Skuny BioScience released its nTG Natural Triglyceride Concentrated Fish Oil, which maintained a 100% natural triglyceride structure. The product had ≥98% TG content, improved stability, and better taste through enzymatic deodorization. It also offered 3.5 times higher bioavailability compared to ethyl ester forms.

Report Coverage:

By Type

• Crude Fish Oil
• Refined Fish Oil

By Application

• Aquaculture Feed
• Animal Nutrition & Pet Food
• Functional Food & Beverages
• Dietary Supplements
• Pharmaceuticals
• Others

By Extraction Method

• Wet Pressing
• Enzymatic Hydrolysis
• Supercritical Fluid Extraction
• Others

By Source

• Anchovy
• Sardine
• Mackerel
• Cod
• Herring
• Others

By Distribution Channel

• Direct Sales
• Retail Sales

By Region

North America

• U.S.
• Canada

Europe

• U.K.
• France
• Germany
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Singapore
• Rest of Asia Pacific

Latin America

• Brazil
• Argentina
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC Countries
• South Africa
• Rest of Middle East & Africa

List of Companies:

• Croda International plc
• Pelagia AS
• Sürsan A.S.
• Ocean Group Ltd.
• GC Rieber Oils
• BASF SE
• Koninklijke DSM NV
• Omega Protein Corporation
• TripleNine Group A/S
• OLVEA Group
• KD Pharma Group SA
• FF Skagen A/S
• Colpex International S.A.C.
• Pesquera Diamante S.A.
• Polaris Nutrition

Frequently Asked Questions (FAQs)