According to the current analysis of Reports and Data, the global Krill oil market was valued at USD 352.9 million in 2018 and is expected to reach USD 843.3 million by the year 2026, at a CAGR of 11.3%.
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Krill oil market
1. Krill Oil Market To Reach USD
843.3 Million By 2026
www.reportsanddata.com
2. Market Summary
According to the current analysis of Reports and Data, the global Krill oil market was valued at USD
352.9 million in 2018 and is expected to reach USD 843.3 million by the year 2026, at a CAGR of
11.3%. The increasing awareness among consumers of the health benefits of omega-3 fatty acids is
a crucial factor for the growth of the krill oil market. Among the regions, China occupied around
1/3rd of the infant formula market in 2016-17, with imported infant formula valued at about USD
2.5 billion annually. The demand for infant milk formula is also expected to grow at a rate of 10%.
There is a rising demand for special/premium infant formula products. EPA and DHA are essential
for infant brain development and immunity strength. DHA has well-established legal strains for
incorporation into infant formula products in different regulations and WHO recommendations.
Thus, infant formula holds the major market share for omega-3 consumer products in China.
Read More : https://www.reportsanddata.com/report-detail/krill-oil-market
www.reportsanddata.com
4. About Us
Reports and Data is a market research and
consulting company that provides syndicated research
reports, customized research reports, and consulting
services. Our solutions purely focus on your purpose to
locate, target and analyze consumer behavior shifts
across demographics, across industries and help client’s
make a smarter business decision.
We offer market intelligence studies ensuring relevant
and fact-based research across a multiple industries
including Healthcare, Technology, Chemicals, Power, and
Energy. We consistently update our research offerings to
ensure our clients are aware about the latest trends
existent in the market. Reports and Data has a strong
base of experienced analysts from varied areas of
expertise.
John Watson
Head of Business Development
Reports And Data | Web:
www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Contact US
www.reportsanddata.com