European krill oil market is projected to grow at a significant CAGR during the forecast period (2020-2026). The growing demand of food supplement in the various countries such as UK, Germany, France, and others further encourages the demand of krill oil as substances used for food supplements. In the EU, the food supplements regulation is dictated by Directive 2002/46/EC of the European Parliament and of the Council of 10 June 2002, on the approximation of the laws of the Member States relating to food supplements. The directive defines food supplements as foodstuffs with a purpose to supplement the normal diet and that are concentrated sources of nutrients or other substances with a nutritional or physiological effect.
Browse the full report description European Krill Oil Market Size, Share & Trends Analysis Report by Product Type (Capsules, Softgels, and Liquids), By Application (Functional Food and Beverages, Dietary Supplements, Pharmaceuticals, and Others) and Forecast 2020-2026 at https://www.omrglobal.com/industry-reports/europe-krill-oil-market
Furthermore, the presence of the major food supplements company in the region such Nautilus GmbH, Divis Nutraceuticals, Bayer Healthcare AG, and BASF SE among others that are making a key contribution towards the development of new products is fueling the market growth of nutraceuticals in the country. In July 2020, Evonik Industries AG, a German-based company has introduced an anthocyanin food supplement to support the health of blood vessels in pharmacies across its local market. The launch of such products in the market is expected to create awareness regarding the benefits of food nutrients which in turn is anticipated to drive the growth of the krill oil market across the region.
Market Coverage
|
Report Elements |
Details |
|
Study Period |
2019-2026 |
|
Base year |
2019 |
|
Forecast period |
2020-2026 |
|
Segments Covered |
By Product Type and by Application |
|
Regions Covered |
UK, Germany, France, Italy, Spain, and Rest of Europe |
|
Key Companies Profiled |
Aker Biomarine Antarctic AS, BASF SE, Ergomax BV, Norwegian Fish Oil AS, Rimfrost AS, Reckitt Benckiser Group
plc and others |
Key Questions Addressed by the Report
o Recovery Timeline
o Deviation from pre-COVID-19 forecast
o Most affected region/segment
o Recommendations
European Krill Oil Market – Segmentation
By Product Type
By Application
European Krill Oil Market – Segmentation by Geography
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