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Cod Liver Oil Market

Global Cod Liver Oil Market Size, Share, Trends, Forecast: By Form: Capsules, Liquid, Others; By Distribution Channel: Supermarket and Hypermarket, Convenience Store, Drug Store, Online, Others; By End Use: Dietary Supplements, Pharmaceuticals, Cosmetics and Personal Care, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Cod Liver Oil Market Outlook

The global cod liver oil market is expected to grow at a CAGR of 4% in the forecast period of 2024-2032 to reach a value of approximately USD 118.94 million by 2032.

 

Global Cod Liver Oil Market

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Increasing Consumption of Dietary Supplements to Bolster the Cod Liver Oil Industry Growth

Based on end use, the dietary supplements segment significantly contributes to the industry growth. The increasing demand for dietary supplements is significantly contributing to the growth of the market. Cod liver oil is also used as an ingredient for medicines in the pharmaceutical industry owing to its impressive nutrient profile. It is further available as capsules, and soft gels in the market, and its intake can prevent vitamin A and vitamin D deficiencies. While vitamin A is important for maintaining healthy eyes, brain function, and skin, vitamin D plays a vital role in maintaining healthy bones by regulating calcium absorption. Meanwhile, the product is also expected to witness an increased adoption in the cosmetics and personal care sector over the forecast period due to the growing demand for ingredients with anti-inflammatory and antioxidant properties.

Region-wise, Europe is one of the leading producers of cod liver oil. The region is also witnessing an increased consumption of the product due to the rising health concern among consumers and the increasing demand from the nutritional and nutraceutical sector.

 

Cod Liver Oil: Market Segmentation

Cod liver oil is a fish oil supplement extracted from the liver of cod fish. Cod liver oil for human consumption is characterised by mild flavour and pale and straw coloured appearance. It is a rich source of omega-3 fatty acids eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) and it also contains vitamins A and D in higher concentrations as compared to other fish oils.

 

Global Cod Liver Oil Market By Form

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Based on form, the market is divided into:

  • Capsules
  • Liquid
  • Others

The various distribution channels of the product include:

  • Supermarket and Hypermarket
  • Convenience Store
  • Drug Store
  • Online
  • Others

Based on end use, the industry can be categorised into:

  • Dietary Supplements
  • Pharmaceuticals
  • Cosmetics and Personal Care
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Cod Liver Oil Market By Region

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Growing Health Awareness Among Consumers to Boost the Demand for Cod Liver Oil

The rising health awareness among consumers is pushing the growth of the cod liver oil industry forward. As cod liver oil has wide nutritional content and its consumption can fulfil the daily requirements of vitamins A and D, it is being increasingly utilised as an ingredient in health supplements, infant formulas, and clinical nutrition. The market is further supported by the escalating disposable incomes and the rising number of private label brands, particularly in the developing nations. Over the forecast period, the growing investments by the manufacturers to enhance existing products and add new product lines are expected to significantly contribute to the market growth.

 

Key Industry Players in the Global Cod Liver Oil Market

The report gives a detailed analysis of the following key players in the global cod liver oil market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • NOW Health Group, Inc.
  • Carlson Laboratories, Inc.
  • Nordic Naturals
  • Solgar Inc.
  • WN Pharmaceuticals Ltd.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Form
  • Distribution Channel
  • End Use
  • Region
Breakup by Form
  • Capsules
  • Liquid
  • Others
Breakup by Distribution Channel
  • Supermarket and Hypermarket
  • Convenience Store
  • Drug Store
  • Online
  • Others
Breakup by End Use
  • Dietary Supplements
  • Pharmaceuticals
  • Cosmetics and Personal Care
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • NOW Health Group, Inc.
  • Carlson Laboratories, Inc.
  • Nordic Naturals
  • Solgar Inc.
  • WN Pharmaceuticals Ltd.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Cod Liver Oil Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Cod Liver Oil Historical Market (2018-2023) 
    8.3    Global Cod Liver Oil Market Forecast (2024-2032)
    8.4    Global Cod Liver Oil Market by Form
        8.4.1    Capsules
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Liquid
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Others
    8.5    Global Cod Liver Oil Market by Distribution Channel
        8.5.1    Supermarket and Hypermarket
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Convenience Store
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Drug Store
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Online
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Others
    8.6    Global Cod Liver Oil Market by End Use
        8.6.1    Dietary Supplements
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Pharmaceuticals
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Cosmetics and Personal Care
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Others
    8.7    Global Cod Liver Oil Market by Region       
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Cod Liver Oil Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Cod Liver Oil Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Cod Liver  Oil Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Cod Liver Oil Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Cod Liver Oil Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2013-2021) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2013-2021) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2013-2021) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2013-2021) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis

    16.1    North America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.5    Middle East & Africa Historical Price Trends (2018-2023) & Forecast (2024-2032)
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    NOW Health Group, Inc.
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Carlson Laboratories, Inc.
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Nordic Naturals
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Solgar Inc.
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    WN Pharmaceuticals Ltd.
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Others
18    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Cod Liver Oil Market: Key Industry Highlights, 2018 and 2032
2.    Global Cod Liver Oil Historical Market: Breakup by Form (USD Billion), 2018-2023
3.    Global Cod Liver Oil Market Forecast: Breakup by Form (USD Billion), 2024-2032
4.    Global Cod Liver Oil Historical Market: Breakup by End Use (USD Billion), 2018-2023
5.    Global Cod Liver Oil Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6.    Global Cod Liver Oil Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Cod Liver Oil Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Cod Liver Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Cod Liver Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Cod Liver Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Cod Liver Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Cod Liver Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Cod Liver Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Cod Liver Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Cod Liver Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Cod Liver Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Cod Liver Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    North America Historical Price Trends and Forecast 2018-2028
19.    Europe Historical Price Trends and Forecast 2018-2028
20.    Asia Pacific Historical Price Trends and Forecast 2018-2028
21.    Latin America Historical Price Trends and Forecast 2018-2028
22.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
23.    Global Cod Liver Oil Market Structure

Key Questions Answered in the Report

The global market for cod liver oil is projected to grow at a CAGR of 4% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 118.94 million by 2032.

The major drivers of the market include rising disposable incomes, health benefits of cod liver oil, increasing health awareness, and growing retail sector.

The key market trends guiding the growth of the market include the new product launches, diversification in product portfolio by major players, and rising demand for cod liver oil in the cosmetics industry.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major forms of cod liver oil in the market are capsules and liquid, among others.

The major distribution channels in the market are supermarket and hypermarket, convenience store, drug store, and online, among others.

The significant end uses in the market are dietary supplements, pharmaceuticals, and cosmetics and personal care, among others.

The major players in the global cod liver oil market are NOW Health Group, Inc., Carlson Laboratories, Inc., Nordic Naturals, Solgar Inc., and WN Pharmaceuticals Ltd., among others.

Analyst Review

The global cod liver oil market is being driven by the rising health awareness. Aided by the growing demand from the cosmetics industry, the market is expected to witness a moderate growth in the forecast period of 2024-2032, growing at a CAGR of 4%. The market is projected to reach USD 118.94 million by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By form, the market is segmented into capsules and liquid, among others. Based on distribution channels, the industry is divided into supermarket and hypermarket, convenience store, drug store, and online, among others. On the basis of end use, the market is segmented into dietary supplements, pharmaceuticals, and cosmetics and personal care, among others. The major regional markets for cod liver oil are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include NOW Health Group, Inc., Carlson Laboratories, Inc., Nordic Naturals, Solgar Inc., and WN Pharmaceuticals Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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