To provide a comprehensive understanding of the market scenario, the Asia Pacific fish oil market is segmented into species, application and country. This report highlights major fish oil yielding species including Anchovy, Mackerel, Sardines, Cod, Herring, and Menhaden amongst others. Most of the fish oil produced in the Asia Pacific market is derived from anchovies. Based on application, the Asia Pacific fish oil market is segmented into aquaculture, animal nutrition & pet feed, pharmaceutical, supplements & functional food and others.
The key players in the Asia Pacific fish oil market include Omega Protein Corporation, Copeinca AS, Pesquera Diamante S.A, Corpesca SA, TripleNine, Arbee Fish Oil and Mukka Sea Foods Industries etc.
Paranthias colonus (Valenciennes, 1846)|
Life Vertebrata Fish Serranidae Paranthias
Geographically, the Asia Pacific fish oil market is segmented across China, Japan, Australia, Vietnam, Indonesia, India and rest of APAC. China accounts for the largest fish oil consumption owing to the high concentration of the aquaculture industry in this region. Besides China, aqua feed grade fish oil is widely consumed in Indonesia, Vietnam and India. A considerable rise of health concerns in Japans geriatric population, fuels the demand for the consumption of nutritional and pharmaceutical grade fish oil.
When the Western and Central Pacific Fisheries Commission (WCPFC) meets in Nadi, Fiji, from Dec. 5-9, member governments will have the opportunity to protect tuna and shark populations of critical importance to the region, including Pacific bluefin and bigeye tunas.