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Global Shark Liver Oil Market: By Type: Deep Sea Shark, Dogfish, Basking Shark, Others; By Application: Food Industry, Textile, Pharmaceuticals, Fuel, Cosmetic and Personal Care; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Shark Liver Oil Market Outlook

The global shark liver oil market is being driven by the associated health benefits of the product. The market is also being supported by the rising market for squalene, which attained a value of USD 117 million in 2020. The squalene market is expected to grow at a CAGR of 7.2% during the forecast period of 2021-2026 to reach a value of USD 178 million by 2026.

 

Shark Liver Oil Market

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Large Production Volumes in Japan to Aid the Global Market for Shark Liver Oil

The shark liver oil industry is being influenced by the changing customer preferences and the rising level of health awareness. The large production volumes and exporting capacities of regions like Japan, closely followed by the United States, is driving the shark liver oil industry forward. The widespread use of shark liver oil in the healthcare industry is one of the major contributors to the market growth. It is being rapidly consumed by the health-conscious consumers owing to its extraordinary healing properties as an anti-depressive and anti-psychotic drug. In terms of usage in the cosmetics industry, China leads the global market. The increased usage of shark liver oil in cosmetics as an ingredient of lip-balms and moisturisers has also propelled the market growth further.

 

Shark Liver Oil Market by Type

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Shark Liver Oil: Industry Definition and Segmentation

Shark liver oil, as the name suggests, is obtained from the liver of sharks. It finds its major use as a remedy to promote healing of wounds and cure respiratory tract and digestive system problems. Additional claims suggest that it can also be used to treat cancer, HIV, and radiation illness, among others. The principal component of shark oil is squalene, ranging up to 90% of the oil.

Based on type, the market is divided into:

  • Deep Sea Shark
  • Dogfish
  • Basking Shark 
  • Others

By application, the market can be segmented into:

  • Food Industry
  • Textile
  • Pharmaceuticals
  • Fuel
  • Cosmetics and Personal Care
  • Others

Based on distribution channels, the market can be divided into:

  • Direct Sales
  • Indirect Sales
    • Specialty Stores
    • Pharmaceutical Stores
    • Online
    • Others

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

 

Shark Liver Oil Market by Region

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Associated Health Benefits are Driving the Market Growth of Shark Liver Oil

The shark liver oil industry is being driven by the inherent health benefits of the oil. Shark liver oil is rich in squalene. With the rising demand for squalene in various end-use industries, like cosmetics, pharmaceuticals, food, and chemicals, the market for shark liver oil is witnessing a rapid growth. The oil has been traditionally used to enhance immunity and is known to cure ailments like cancer, respiratory tract problems, and HIV. The rising health awareness among people and the need for an effective treatment for diseases is providing impetus to the global shark liver oil industry growth. The market is expected to witness growth in the coming years, being influenced by evolving customer preferences and an increase in the number of shark liver oil applications.

 

Key Industry Players in the Global Shark Liver Oil Market

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

  • Arbee Group
  • Egao Co. Ltd.
  • Norwegian Fish Oil AS
  • Bawa Fishmeal & Oil Company
  • Lýsi hf
  • Others

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

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Distribution Channel, Region
Breakup by Type Deep Sea Shark, Dogfish, Basking Shark, Others
Breakup by Application Food Industry, Textile, Pharmaceuticals, Fuel, Cosmetic and Personal Care, Others
Breakup by Distribution Channel Direct Sales, Indirect Sales
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Arbee Group, Egao Co. Ltd., Norwegian Fish Oil AS, Bawa Fishmeal & Oil Company, Lýsi hf, 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.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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    Industry Opportunities and Challenges
8    Global Shark Liver Oil Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Shark Liver Oil Historical Market (2016-2020) 
    8.3    Global Shark Liver Oil Market Forecast (2021-2026)
    8.4    Global Shark Liver Oil Market by Type
        8.4.1    Deep Sea Shark
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Dogfish
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Basking Shark
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Others
    8.5    Global Shark Liver Oil Market by Application
        8.5.1    Food Industry
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Textile
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Pharmaceuticals
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Fuel
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Cosmetic and Personal Care
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2016-2020)
            8.5.5.3    Forecast Trend (2021-2026)
        8.5.6    Others
    8.6    Global Shark Liver Oil Market by Distribution Channel
        8.6.1    Direct Sales
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Indirect Sales
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
            8.6.2.4    Market of Type
                8.6.2.4.1    Specialty Stores
                    8.6.2.4.1.1    Market Share
                    8.6.2.4.1.2    Historical Trend (2016-2020)
                    8.6.2.4.1.3    Forecast Trend (2021-2026)
                8.6.2.4.2    Pharmaceutical Stores
                    8.6.2.4.2.1    Market Share
                    8.6.2.4.2.2    Historical Trend (2016-2020)
                    8.6.2.4.2.3    Forecast Trend (2021-2026)
                8.6.2.4.3    Online
                    8.6.2.4.3.1    Market Share
                    8.6.2.4.3.2    Historical Trend (2016-2020)
                    8.6.2.4.3.3    Forecast Trend (2021-2026)
                8.6.2.4.4    Others
    8.7    Global Shark Liver Oil Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13    Manufacturing Process
    13.1    Overview
    13.2    Detailed Process Flow
    13.3    Operation Involved
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    Arbee Group
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Egao Co. Ltd.
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    Norwegian Fish Oil AS
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Bawa Fishmeal & Oil Company
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    Lýsi hf
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Others
15    Industry Events and Developments

 

Additional Customisations Available

1    Project Requirements and Cost Analysis
    1.1    Land, Location and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Cost of Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investments

 

List of Figures and Tables

1.    Global Shark Liver Oil Market: Key Industry Highlights, 2016 and 2026
2.    Global Shark Liver Oil Historical Market: Breakup by Type (USD Million), 2016-2020
3.    Global Shark Liver Oil Market Forecast: Breakup by Type (USD Million), 2021-2026
4.    Global Shark Liver Oil Historical Market: Breakup by Application (USD Million), 2016-2020
5.    Global Shark Liver Oil Market Forecast: Breakup by Application (USD Million), 2021-2026
6.    Global Shark Liver Oil Historical Market: Breakup by Distribution Channel (USD Million), 2016-2020
7.    Global Shark Liver Oil Market Forecast: Breakup by Distribution Channel (USD Million), 2021-2026
8.    Global Shark Liver Oil Historical Market: Breakup by Region (USD Million), 2016-2020
9.    Global Shark Liver Oil Market Forecast: Breakup by Region (USD Million), 2021-2026
10.    North America Shark Liver Oil Historical Market: Breakup by Country (USD Million), 2016-2020
11.    North America Shark Liver Oil Market Forecast: Breakup by Country (USD Million), 2021-2026
12.    Europe Shark Liver Oil Historical Market: Breakup by Country (USD Million), 2016-2020
13.    Europe Shark Liver Oil Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Asia Pacific Shark Liver Oil Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Asia Pacific Shark Liver Oil Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    Latin America Shark Liver Oil Historical Market: Breakup by Country (USD Million), 2016-2020
17.    Latin America Shark Liver Oil Market Forecast: Breakup by Country (USD Million), 2021-2026
18.    Middle East and Africa Shark Liver Oil Historical Market: Breakup by Country (USD Million), 2016-2020
19.    Middle East and Africa Shark Liver Oil Market Forecast: Breakup by Country (USD Million), 2021-2026
20.    North America Historical Price Trends and Forecast 2016-2026
21.    Europe Historical Price Trends and Forecast 2016-2026
22.    Asia Pacific Historical Price Trends and Forecast 2016-2026
23.    Latin America Historical Price Trends and Forecast 2016-2026
24.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
25.    Global Shark Liver Oil Market Structure

Key Questions Answered in the Report

The global shark liver oil market is being aided by the growth of the squalene industry, which attained a value of nearly USD 117 million.

The squalene market is projected to grow at a CAGR of 7.2% between 2021 and 2026, thus, continuing to support the growth of the shark liver oil industry.

The squalene market is estimated to reach about USD 178 million by 2026, further supporting the growth of the shark liver oil industry.

The major drivers of the industry, such as the growing demand for cosmetic products and increasing health awareness, are expected to aid the market growth.

The key trend guiding the growth of the market is the increase in R&D activities.

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

The leading types of the product in the industry are deep sea shark, dogfish, and basking shark, among others.

The major distribution channels in the market are direct sales and indirect sales.

The major application sectors in the industry are food industry, textile, pharmaceuticals, fuel, and cosmetics and personal care, among others.

The major players in the industry are Arbee Group, Egao Co. Ltd., Norwegian Fish Oil AS, Bawa Fishmeal & Oil Company, and Lýsi hf, among others.

Analyst Review

The global shark liver oil market is being driven by its associated health benefits and the squalene market growth. The squalene market reached a value of USD 117 million in 2020 and is further projected to grow at a CAGR of 7.2% between 2021 and 2026 to attain a value of USD 178 million by 2026.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the market is segmented into deep sea shark, dogfish, and basking shark, among others. Based on distribution channels, the market is divided into direct sales and indirect sales. Indirect sales can be further categorised into specialty stores, pharmaceutical stores, and online, among others. Based on application, the industry is majorly divided into food industry, textile, pharmaceuticals, fuel, and cosmetics and personal care, among others. The major regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Arbee Group, Egao Co. Ltd., Norwegian Fish Oil AS, Bawa Fishmeal & Oil Company, and Lýsi hf, 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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