Executive Summary
Global Krill Fishery Market was valued at USD 354.71 million in the year 2019. Rising prevalence of life threatening and gastrointestinal diseases, augmented awareness of benefits associated with omega 3, technological advancements in Krill Fishery Market coupled with the rising awareness of health benefits associated with krill products for human as well as pet health are the major factors impelling the market growth. Further, rising geriatric population, hypertension, unhealthy lifestyle are the factors propelling the market. Rising importance of krill oil, tablets and capsules for skin health and in sports nutrition products also have been anticipated to infuse growth in the market for Krill Fishery during the forecast period of 2020-2025.
Under the Fishing Purpose segment, Krill Oil is anticipated to witness the largest market share owing to rising usage of krill oil in infant formula because of the presence of eicosapentaenoic corrosive (EPA) and docosahexaenoic corrosive (DHA) which improve new born child mental health. Furthermore, rising usage of krill oil for keeping good pet health and other human diseases are driving the market. The Covid-19 pandemic has caused disruptions in productions level of Aker BioMarine, which is the global leader, but the company took measures to mitigate substantial negative impact. Also, setting new standards for technology and sustainability in krill harvesting by krill harvesting companies are expected to support the krill fishery market to a greater extent.
On the basis of Species, Euphausia superba held the largest market share and value during the historical period as it is used due to its benefits for human consumption, aquaculture and pet food. Antarctic krill is a superfood of the sea' due to its rich content of long-chain omega-3 fatty acids and astaxanthin.
Among the regions, Americas is largest market of krill and related products. Factors such as rising number of patients with chronic heart diseases, rising diabetic population, blood pressure diseases are driving the market for the Krill Fishery in the region. In addition, the market is anticipated to be primarily fueled by increasing diversification in products portfolio by leading manufacturers in order to better serve the demand of consumers. Furthermore, burgeoning consumer population and rising per capita disposable income is expected to drive notable growth in the consumption of Krill in the region.
Scope of the Report
- The report analyses Krill Fishery market By Value.
- The report analyses Krill Fishery Market By Fishing Purpose (Krill Oil, Krill Meal, Krill Pet Food).
- The report assesses the Krill Fishery market By Species (Euphasia Superba, Euphasia Pacificia)
- The Global Krill Fishery Market has been analysed By Region (North America, Europe, Asia Pacific) and By Country (US, Chile, Norway, China, South Korea, Japan).
- The key insights of the report have been presented through the attractiveness of the market has been presented By Fishing Purpose, Species and Region. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
- The companies analysed in the report include Rimfrost AS, Aker BioMarine, China National Fisheries (Group) Corporation and Omega Protein
- The report presents the analysis of Krill Fishery market for the historical period of 2015-2019 and the forecast period of 2020-2025.
Key Target Audience
- Fishing Market Players
- Food and Beverage Companies
- Consulting and Advisory Firms
- Government and Policy Makers
- Investment Banks and Equity Firms
- Regulatory Authorities
Global Krill Fishery Market - Analysis By Fishing Purpose (Oil, Meal, Pet Food) , Species (Superba, Pacifica) , By Region, By Country (2020 Edition) : Market Insights, Covid-19 Impact, Competition and Forecast (2020-2025)
Table of Contents
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Global Krill Fishery Market: Product Outlook
4. Global Krill Fishery Market: Sizing and Forecast
4.1 Market Size, By Value, Year 2015-2025
5. Global Krill Fishery Market Segmentation By Fishing Purpose (By Value)
5.1 Competitive Scenario of Global Krill Fishery Market - By Fishing Purpose (2019 & 2025)
5.2 Krill Oil - Market Size and Forecast (2020-2025)
5.3 Krill Meal- Market Size and Forecast (2020-2025)
5.4 Krill Pet Food - Market Size and Forecast (2020-2025
6. Global Krill Fishery Market Segmentation By Species (By Value)
6.1 Competitive Scenario of Global Krill Fishery Market - By Species (2019 & 2025)
6.2 Euphausia superba - Market Size and Forecast (2020-2025)
6.3 Euphausia Pacificia - Market Size and Forecast (2020-2025)
7. Global Krill Fishery Market: Regional Analysis
7.1 Competitive Scenario of Global Krill Fishery Market: By Region (2019 & 2025)
8. Americas Krill Fishery Market: Segmentation By Fishing Purpose, Species, Organ Type (2020-2025)
8.1 Americas Krill Fishery Market: Size and Forecast (2020-2025)
8.2 Americas Prominent Companies in Krill Fishery Market
8.3 Market Segmentation By Fishing Purpose (Krill Oil, Krill Meal and Krill Pet Food)
8.4 Market Segmentation By Species (Euphausia superba and Euphasia Pacificia)
8.5 Americas Krill Fishery Market: Country Analysis
8.6 Market Opportunity Chart of Americas Krill Fishery Market - By Country, By Value (Year-2024)
8.7 Competitive Scenario of Americas Krill Fishery Market: By Country (2019 & 2025)
8.8 United States Krill Fishery Market: Size and Forecast (2020-2025)
8.9 United States Krill Fishery Market Segmentation By Fishing Purpose and By Species(2020-2025)
8.10 Chile Krill Fishery Market: Size and Forecast (2020-2025)
8.11 Chile Krill Fishery Market Segmentation By Fishing Purpose and By Species (2020-2025)
9. Europe Krill Fishery Market: Segmentation By Fishing Purpose, Species, Organ Type (2020-2025)
9.1 Europe Krill Fishery Market: Size and Forecast (2020-2025)
9.2 Europe Prominent Companies in Krill Fishery Market
9.3 Market Segmentation By Fishing Purpose (Krill Oil, Krill Meal and Krill Pet Food)
9.4 Market Segmentation By Species (Euphausia superba and Euphasia Pacificia)
9.5 Europe Krill Fishery Market: Country Analysis
9.6 Market Opportunity Chart of Europe Krill Fishery Market - By Country, By Value (Year-2024)
9.7 Competitive Scenario of Europe Krill Fishery Market: By Country (2019 & 2025)
9.8 Norway Krill Fishery Market: Size and Forecast (2020-2025)
9.9 Norway Krill Fishery Market Segmentation By Fishing Purpose, Species (2020-2025)
10. Asia Pacific Krill Fishery Market: Segmentation By Fishing Purpose, Species, Organ Type (2020-2025)
10.1 Asia Pacific Krill Fishery Market: Size and Forecast (2020-2025)
10.2 Asia Pacific Prominent Companies in Krill Fishery Market
10.3 Market Segmentation By Fishing Purpose (Krill Oil, Krill Meal and Krill Pet Food)
10.4 Market Segmentation By Species (Euphausia superba and Euphasia Pacificia)
10.5 Asia Pacific Krill Fishery Market: Country Analysis
10.6 Market Opportunity Chart of Asia Pacific Krill Fishery Market - By Country, By Value (Year-2024)
10.7 Competitive Scenario of Asia Pacific Krill Fishery Market: By Country (2019 & 2025)
10.8 China Krill Fishery Market: Size and Forecast (2020-2025)
10.9 China Krill Fishery Market Segmentation By Fishing Purpose, Species (2020-2025)
10.10 South Korea Krill Fishery Market: Size and Forecast (2020-2025)
10.11 South Korea Krill Fishery Market Segmentation By Fishing Purpose, Species (2020-2025)
10.12 Japan Krill Fishery Market: Size and Forecast (2020-2025)
10.13 Japan Krill Fishery Market Segmentation By Fishing Purpose, Species (2020-2025)
11. Global Krill Fishery Market Dynamics
11.1 Global Krill Fishery Market Market Drivers
11.2 Global Krill Fishery Market Restraints
11.3 Global Krill Fishery Market Trends
12. Market Attractiveness
12.1 Market Attractiveness Chart of Global Krill Fishery Market - By Fishing Purpose (Year 2025)
12.2 Market Attractiveness Chart of Global Krill Fishery Market - By Species (Year 2025)
12.3 Market Attractiveness Chart of Global Krill Fishery Market - By Region, By Value, (Year-2024)
13. Competitive Landscape
13.1 Market Share Analysis
14. Company Profiles (Business Description, Financial Analysis, Business Strategy)
14.1 Aker BioMarine
14.2 Rimfrost AS
14.3 Alfa Laval
14.4 China National Fisheries (Group) Corporation
14.5 Omega Protein
List of Figures
Figure 1: Global Krill Fishery Market Size, By Value, 2015-2025 (USD Million)
Figure 2: Global Capture Production of Euphausia superba, (In Tonnes)
Figure 3: Global Protein Product Revenue (USD Billion), 2019-2024
Figure 4: Global Retail Value of Dietary Supplements, 2019-2024 (In Millions)
Figure 5: Healthcare Expenditure (Share of GDP), By Selected Country, 2013-2017 (In %)
Figure 6: Obese Population, By Country, 2017 (In Millions)
Figure 7: Global Aged Population (Above 65), 2013-2017 (% of total)
Figure 8: Global Aged Population(Above 65), By Country, 2017 (% of total)
Figure 9: Global Prevalence of Diabetes Type II, 2014-2017 (In Millions)
Figure 10: Prevalence of Diagnosed Autoimmune Diseases, In 2018, By Selected Countries, (% of Total)
Figure 11: Prevalence of diagnosed gastrointestinal conditions, By Select Countries, 2017 (In %)
Figure 12: Global Krill Fishery Market- By Fishing Purpose (2019 & 2025)
Figure 13: Global Krill Fishery Market- By Krill Oil, By Value (USD Million), 2015-2025
Figure 14: Global Krill Fishery Market- By Krill Meal, By Value (USD Million), 2015-2025
Figure 15: Global Krill Fishery Market- By Krill Pet Food, By Value (USD Million), 2015-2025
Figure 16: Global Krill Fishery Market- By Species (2019 & 2025)
Figure 17: Global Krill Fishery Market- By Euphausia superba, By Value (USD Million), 2015-2025
Figure 18: Global Krill Fishery Market- By Euphausia Pacifica, By Value (USD Million), 2015-2025
Figure 19: Global Market Scenario, By Region (USD Million)
Figure 20: Global Krill Fishery Market- By Region (2019 & 2025)
Figure 21: Americas Krill Fishery Market Size, By Value, 2015-2025 (USD Million)
Figure 22: North America GDP Growth, 2014 - 2018 (In Annual %)
Figure 23: North America Individuals Using the Internet, 2014 - 2017 ( In % of Population)
Figure 24: North America Urban Population Growth, 2014 - 2018 (In Annual %)
Figure 25: North America population aged 65 and above, 2013-2017 (% of total)
Figure 26: North America Prevalence of Inflammatory Bowel Disease, 2014-2017 (In Millions)
Figure 27: North America Prevalence of Diabetes Type II, 2014-2017 (In Millions)
Figure 28: Population ages 65 and above (% of total population), 2014-2019 (In Million)
Figure 29: Latin America & Caribbean Current health expenditure per capita (current US$) , 2014-2017
Figure 30: Americas Krill Fishery Market- By Fishing Purpose, By Value (USD Million), 2015-2025
Figure 31: Americas Krill Fishery Market- By Species, By Value (USD Million), 2015-2025
Figure 32: Market Opportunity Chart of Americas Krill Fishery Market - By Country, By Value (Year-2024)
Figure 33: Americas Krill Fishery Market- By Country (2019 & 2025)
Figure 34: United States Krill Fishery Market Size, By Value, 2015-2025 (USD Million)
Figure 35: U.S., Per Capita Expenditure on Healthcare, 2012-2018 (In USD)
Figure 36: U.S., Population ages 65 and above, 2013-2017 (% of total)
Figure 37: United States Prevalence of Diabetes Type II, 2014-2017 (In Millions)
Figure 38: Medical and Healthcare Research & Development Spending, 2013-2016 (In USD Million)
Figure 39: United States Prevalence of Inflammatory Bowel Disease, 2014-2017 (In Millions)
Figure 40: United States Prevalence of Diabetes Type II, 2014-2017 (In Millions)
Figure 41: United States Krill Fishery Market- By Fishing Purpose, By Value (USD Million), 2015-2025
Figure 42: United States Krill Fishery Market- By Species, By Value (USD Million), 2015-2025
Figure 43: Chile Krill Fishery Market Size, By Value, 2015-2025 (USD Million)
Figure 44: Chile Current health expenditure per capita (current US$), 2014-2017
Figure 45: Chile Population ages 65 and above, 2013-2017 (% of total)
Figure 46: Chile Capture fisheries production (metric tons), 2013-2016
Figure 47: Chile Total fisheries production (metric tons), 2013-2016
Figure 48: Chile Krill Fishery Market- By Fishing Purpose, By Value (USD Million), 2015-2025
Figure 49: Chile Krill Fishery Market- By Species, By Value (USD Million), 2015-2025
Figure 50: Europe Krill Fishery Market Size, By Value, 2015-2025 (USD Million)
Figure 51: European Country Population Aged 65 and Above, 2012-2017 (% of Total)
Figure 52: European Union, Population ages 65 and above, 2013-2017 (% of total)
Figure 53: Prevalence of Diabetes (Age 18+), 2017 & 2045E (In Million)
Figure 54: Diabetes Prevalence (% of population ages 20 to 79), By Select Country, 2017
Figure 55: Europe Health Expenditure, By Select Country, 2016 (% of GDP)
Figure 56: Europe Population ages 65 years and above (% of total population), 2013-17
Figure 57: Europe Prevalence of Inflammatory Bowel Disease, 2014-2017 (In Millions)
Figure 58: Europe Prevalence of Diabetes Type II, 2014-2017 (In Millions)
Figure 59: Europe Per Capita Health Expenditure, By Select Country, 2017 (USD)
Figure 60: Europe Krill Fishery Market- By Fishing Purpose, By Value (USD Million), 2015-2025
Figure 61: Europe Krill Fishery Market- By Species, By Value (USD Million), 2015-2025
Figure 62: Market Opportunity Chart of Krill Fishery Market - By Country, By Value (Year-2024)
Figure 63: Europe Krill Fishery Market- By Country (2019 & 2025)
Figure 64: Norway Krill Fishery Market Size, By Value, 2015-2025 (USD Million)
Figure 65: Norway Current health expenditure per capita (current US$), 2014-2017
Figure 66: Norway Individuals using the Internet (% of population), 2013-2017 (% of total)
Figure 67: Norway Capture fisheries production (metric tons), 2013-2016
Figure 68: Norway Total fisheries production (metric tons), 2013-2016
Figure 69: Norway Krill Fishery Market- By Fishing Purpose, By Value (USD Million), 2015-2025
Figure 70: Norway Krill Fishery Market- By Species, By Value (USD Million), 2015-2025
Figure 71: Asia Pacific Krill Fishery Market Size, By Value, 2015-2025 (USD Million)
Figure 72: Asia Prevalence of Inflammatory Bowel Disease, 2014-2017 (In Millions)
Figure 73: Asia Prevalence of Diabetes Type II, 2014-2017 (In Millions)
Figure 74: Obesity Rate, By Select Country, 2017 (In Percentage)
Figure 75: Population ages 65 and above, Asia Pacific Region, By Select Countries, 2019 (% of total)
Figure 76: Diabetes Prevalence (% of population ages 20 to 79), By Selected Country, 2017
Figure 77: Obesity Rate, By Selected Country, 2017 (In Percentage)
Figure 78: Asia Pacific Krill Fishery Market- By Fishing Purpose, By Value (USD Million), 2015-2025
Figure 79: Asia Pacific Krill Fishery Market- By Species, By Value (USD Million), 2015-2025
Figure 80: Market Opportunity Chart of Asia Pacific Krill Fishery Market - By Country, By Value (Year-2025)
Figure 81: Asia Pacific Krill Fishery Market- By Country (2019 & 2025)
Figure 82: China Krill Fishery Market Size, By Value, 2015-2025 (USD Million)
Figure 83: China Current health expenditure per capita (current US$), 2014-2017
Figure 84: China Population ages 65 and above, 2013-2017 (% of total)
Figure 85: China Capture fisheries production (metric tons), 2013-2016
Figure 86: China Total fisheries production (metric tons), 2013-2016
Figure 87: Number of New Cases of Cancer, 2018, China, By Type, (% of Total cases)
Figure 88: China, Cancer Incidences ( in Million)
Figure 89: China Prevalence of Diabetes Type II, 2014-2017 (In Millions)
Figure 90: China Krill Fishery Market- By Fishing Purpose, By Value (USD Million), 2015-2025
Figure 91: China Krill Fishery Market- By Species, By Value (USD Million), 2015-2025
Figure 92: South Korea Krill Fishery Market Size, By Value, 2015-2025 (USD Million)
Figure 93: South Korea Current health expenditure per capita (current US$), 2014-2017
Figure 94: South Korea Population ages 65 and above, 2013-2017 (% of total)
Figure 95: South Korea Capture fisheries production (metric tons), 2013-2016
Figure 96: South Korea Total fisheries production (metric tons), 2013-2016
Figure 97: South Korea Prevalence of Inflammatory Bowel Disease, 2014-2017 (In Thousands)
Figure 98: South Korea Prevalence of Diabetes Type II, 2014-2017 (In Millions)
Figure 99: South Korea Krill Fishery Market- By Fishing Purpose, By Value (USD Million), 2015-2025
Figure 100: South Korea Krill Fishery Market- By Species, By Value (USD Million), 2015-2025
Figure 101: Japan Krill Fishery Market Size, By Value, 2015-2025 (USD Million)
Figure 102: Japan Current health expenditure per capita (current US$), 2014-2017
Figure 103: Japan Population ages 65 and above, 2013-2017 (% of total)
Figure 104: Japan, GDP Growth Per Year, 2015-2019F (In %)
Figure 105: Japan Healthcare Expenditure Outlook (%)
Figure 106: Japan Prevalence of Inflammatory Bowel Disease, 2014-2017 (In Thousands)
Figure 107: Japan Prevalence of Diabetes Type II, 2014-2017 (In Millions)
Figure 108: Japan Krill Fishery Market- By Fishing Purpose, By Value (USD Million), 2015-2025
Figure 109: Japan Krill Fishery Market- By Species, By Value (USD Million), 2015-2025
Figure 110: Market Attractiveness Chart of Global Krill Fishery Market - By Fishing Purpose (Year-2025)
Figure 111: Market Attractiveness Chart of Global Krill Fishery Market - By Species (Year-2025)
Figure 112: Market Attractiveness Chart of Global Krill Fishery Market - By Region, By Value, (Year-2024)
Figure 113: Market Share of global leaders in Krill Fishery Market, By Company (%) (2019)
Figure 114: Aker BioMarine, Revenue, 2015-2019 (USD Millions)
Figure 115: Aker BioMarine, Revenue, By Fishing Purpose, 2019 (in %)
Figure 116: Aker BioMarine, Net income, 2015- 2019(USD Million)
Figure 117: Aker BioMarine, Revenue, By Region, 2019 (in %)
Figure 118: Alfa Laval, Net Sales, 2015-2019 (USD Millions)
Figure 119: Alfa Laval, Revenue, By Fishing Purpose, 2019 (in %)
Figure 120: Alfa Laval, Net income, 2015- 2019(USD Million)
Figure 121: Alfa Laval, Revenue, By Region, 2019 (in %)
List of Tables
Table A: Prominent Krill Fishery Market companies operated in Americas Market
Table B: Prominent Krill Fishery Market companies operating in Europe Market
Table C: Global Access to Healthcare Index, Ranking of Select Countries in Asia Pacific Region, 2017 (score out of 10)
Table D: Prominent Krill Fishery Market companies operating in Asia Pacific Market
Table E: Current Antarctic Krill Fisheries By Value Chain Capabilities
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