Mussel Oil Market report has been prepared with the thorough market analysis carried out by a team of industry experts, dynamic analysts, skilful forecasters and well-informed researchers. The industry analysis report comprises of a number of market dynamics and estimations of the growth rate and the market value based on market dynamics and growth inducing factors. The global Mussel Oil Market report includes all the company profiles of the major players and brands. Not to mention, this promotional business report is amazingly characterized with the application of several charts, graphs and tables depending on the extent of data and information involved.
Global mussel oil market is expected to register a steady CAGR of 4.97% in the forecast period of 2019-2026. This report includes the data of base year 2018 and historic year 2017. Growing demand for supplements which have rich source of dietary fibers and increasing awareness about healthy lifestyle are the factor for the market growth.
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Few of the major competitors currently working in the global mussel oil market are Waitaki Bio, Aroma (NZ) Ltd, Nature’s Range, Lovely Health Ltd., Henry Blooms Health Products, ECI Natural Health Ltd, Bio-Mer Ltd, among others.
Market Definition: Global Mussel Oil Market
Mussel oil is a supplement that is extracted from the green-lipped mussel. They are also rich in proteins, omega 3 fatty acid, vitamin B12, iodine, and magnesium which are helpful in curing the bone deficiencies and also enhance the bone health. They are also widely used for the treatment of respiratory problems such as asthma. These products are widely used in application such as processed food, beauty & cosmetics, pet food & veterinary and dietary supplements.
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Mussel Oil Market Drivers:
- Increased usage of mussel oil for treatment of asthma, cancer, and ADHD disorder will uplift the growth of the market
- Rising aquaculture activities will also enhance the market growth
- It has the ability to provide pain relief and also soothes muscular tissues which will also accelerate their demand in the market
- Rising social media platform and e-commerce websites will drives the growth of the market
Mussel Oil Market Restraints:
- Increasing vegan population around the globe will hamper the market growth
- Rising incidence of skin allergy form the consumption of sea food will obstructs the growth of the market
- Easy availability of product substitutes will restrict the market growth
Segmentation: Global Mussel Oil Market
Mussel Oil Market : By Distribution Channel
Mussel Oil Market : By Product
- Food Grade
- Pharmaceutical Grade
Mussel Oil Market : By Application
- Processed Food
- Beauty & Cosmetics
- Dietary Supplements
- Pet Food & Veterinary
Mussel Oil Market : By Geography
- North America
- South America
- Middle East and Africa
Key Developments in the Mussel Oil Market :
- In August 2018, Kiwi, Inc announced that they are going to expand their reach in China with their anti –inflammatory phospholipid oil. This new product is extracted from the green lipped mussel oil by using supercritical co2 method. It has the ability cures many joint problems and arthritis. They combine green lipped mussel oil with extra virgin oil that are rich in vitamin, C and E and omega 3 & omega 6 fatty acid. They maintain the level of normal heart rate by restricting the leukotriene and cyclooxygenase activity
- In May 2017, Waitaki Bio announced that they are going to expand their production of Prena TEC green lipped mussel oil. The expansion developed ActiPhen freeze-dried kiwifruit powder for digestive health and CassiPure anthocyanin-rich blackcurrant extract for eye health, memory, and immune aid. Prena TEC green lipped mussel oil is the highly rich in omega 3 fatty acid and phospholipid. It results in the rising processing capacity and the development of new extraction technology which caters health concern as the prime responsibility
Competitive Analysis:Mussel Oil Market
Global mussel oil market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of mussel oil market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Insights in the report:
- Competitive analysis of key competitors involved in the market
- Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
- Market drivers and restraints analysis along with the analysis of the market structure
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