Krill Oil Market Segmentation:
Application Segment Analysis
The dietary supplements segment in the krill oil market is projected to account for 49.7% of the share value by 2034, driven by a global surge in cardiovascular diseases. Various consumers are preferring preventive health measures over taking curative medicines. According to the Centers for Disease Control and Prevention in 2023, nearly 48.3% of adults in the U.S. had cardiovascular disease, bolstering the consumption of supplements based on krill oil. It is preferred over fish oil owing to its higher bioavailability. Various cardiologists are recommending krill oil as a dietary supplement for managing triglycerides.
Type Segment Analysis
The softgel capsule segment is projected to capture a 43.6% krill oil market share by 2034, owing to increasing demand for precise dosing. A study published by the National Institutes of Health found that krill oil in the form of softgels has up to 61% higher bioavailability compared to fish oil in conventional capsules. The U.S. Food & Drug Administration reflects a surge in the preference form consumers for encapsulated nutraceuticals owing to ease of intake. Also, there has been a rising advancement in plant-based and gelatin capsule materials that are preferred more by allergen-sensitive consumers.
Our in-depth analysis of the global krill oil market includes the following segments:
|
Segment |
Subsegments |
|
Application |
|
|
Form |
|
|
Distribution Channel |
|
|
End User |
|
|
Extraction Technique |
|
