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Mussel Oil Market

Mussel Oil Market Size, and Segments By Grade (Food Grade, Pharmaceutical Grade, Cosmetics Grade), By End Use (Processed Food, Cosmetics and Personal Care, Biopharmaceutical, Dietary supplements, Pet food & Veterinary), By Sales Channel (Hypermarket/Supermarket, Specialty stores, Online Stores, Others), and by Regions | Global Market Forecast 2022-2028

Report Id: SNS/C&M/1490 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Mussel Oil Market Size was valued at USD 39.60 billion in 2021, and expected to reach USD 56.84 billion by 2028, and grow at a CAGR of 5.3% over the forecast period 2022-2028. The green-lipped mussel, which can be found off the coast of New Zealand, is used to make mussel oil. Green-lipped mussel oil is only found in the pure seawaters off the coast of New Zealand, and it's used to treat asthma and other respiratory problems, rheumatoid arthritis, osteoarthritis, and inflammatory bowel disease like Crohn's disease. A unique combination of green-lipped mussel oil and krill oil may also protect joints following exercise, according to a study from Indiana University. Mussel oil contains a total of 25 fatty acids, with omega-3 fatty acids accounting for the majority of them.

Mussel Oil Market Revenue Graph

Market Dynamics:

Drivers:

  • Growth of pharmaceutical industry.
  • Rising cosmetics & personal care industry.

Challenge:

  • The government's tight regulations limit market expansion.
  • Awareness about Recommended Dietary Allowance (RDA).

Key Players:

Nature's Range Ltd, Waitaki Biosciences, Dongguan Hengjie Can Parts Co., Ltd., Blackmores Group, Rongcheng Taixiang Food Products Co., Henry Blooms Health Products, Great HealthWorks Inc., Aroma NZ Ltd.

Impact of Covid-19:

The new coronavirus (COVID-19) has had a significant influence on the global fish business. This epidemic has posed a challenge to aquaculture producers in the Pacific Northwest, both large and small. Because of the various countries' lockdowns, there have been disruptions in the supply chain and trade. The FAO reports that mussel commerce declined substantially in the first half of 2020, with only 110,000 tonnes imported, down 15% from the same period the previous year. Despite being the world's largest importer of mussels, France saw a 33 percent decrease in imports. Restaurant closures were to blame for the dramatic drop. The two big exporters, Spain and New Zealand, reported lower shipments in 2020. The latter was particularly hard struck by COVID-19-related logistical issues and had trouble transporting its green mussels to the global market.

Market Segmentation:

By Grade

  • Food Grade

  • Pharmaceutical Grade

  • Cosmetics Grade

By End Use

  • Processed Food

  • Cosmetics and Personal Care

  • Biopharmaceutical

  • Dietary supplements

  • Pet food & Veterinary

By Sales Channel

  • Hypermarket/Supermarket

  • Specialty stores

  • Online Stores

  • Others (Drugstore, Nutrition & Health Food Store)

Mussel Oil Market Segment Pie Chart

Regional Analysis:

In 2018, Asia Pacific was the largest market, and it is expected to continue to be such in the next years. This expansion is attributable to increased product demand as a result of the region's growing target population. The product's main use is for the treatment of rheumatoid arthritis and other joint issues. Furthermore, the quickly growing cosmetics and personal care business, particularly in South Korea, is expected to drive cosmetics market product demand.

However, due to increased population and health consciousness, Europe is expected to experience the highest growth rate from 2019 to 2025. Furthermore, after China, the region has the largest production base. In this region, France is the leading importer of live and frozen mussels.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Mussel Oil Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 39.60 Billion
Market Size by 2028 US$ 56.84 Billion
CAGR CAGR of 5.3% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Grade (Food Grade, Pharmaceutical Grade, Cosmetics Grade)
• By End Use (Processed Food, Cosmetics and Personal Care, Biopharmaceutical, Dietary supplements, Pet food & Veterinary)
• By Sales Channel (Hypermarket/Supermarket, Specialty stores, Online Stores, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Nature's Range Ltd, Waitaki Biosciences, Dongguan Hengjie Can Parts Co., Ltd., Blackmores Group, Rongcheng Taixiang Food Products Co., Henry Blooms Health Products, Great HealthWorks Inc., Aroma NZ Ltd.


Frequently Asked Questions (FAQ) :

Ans: Key stakeholders considered in the study:
Raw material vendors
distributors/traders/wholesalers/suppliers
regulatory authorities, including government agencies and ngo
commercial research & development (r&d) institutions
importers and exporters
government organizations, research organizations, and consulting firms
trade/industrial associations
end-use industries are the stake holder of this report.

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

 

Ans: Nature's Range Ltd, Waitaki Biosciences, Dongguan Hengjie Can Parts Co., Ltd., Blackmores Group, Rongcheng Taixiang Food Products Co., Henry Blooms Health Products and Great HealthWorks Inc., Aroma NZ Ltd. are the major key players of Mussel Oil Market.

Ans: The government's tight regulations limit market expansion and Awareness about Recommended Dietary Allowance (RDA) are the challenges faced by the Mussel Oil Market.

Ans: Global Mussel Oil Market Size was valued at USD 39.60 billion in 2021, and expected to reach USD 56.84 billion by 2028, and grow at a CAGR of 5.3 % over the forecast period 2022-2028.

 


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global Mussel Oil Market Segment, By Grade

                8.1 Food Grade

                8.2 Pharmaceutical Grade

                8.3 Cosmetics Grade

 

9. Global Mussel Oil Market Segment, By End Use

                9.1 Processed Food

                9.2 Cosmetics and Personal Care

                9.3 Biopharmaceutical

                9.4 Dietary supplements

                9.5Pet food & Veterinary

 

10. Global Mussel Oil Market Segment, By Sales Channel

                10.1 Hypermarket/Supermarket

                10.2 Specialty stores

                10.3 Online Stores

                10.4 Others

 

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2    Canada

11.2.3    Mexico

11.3 Europe

11.3.1    Germany

11.3.2    UK

11.3.3    France

11.3.4    Italy

11.3.5    Spain

11.3.6    The Netherlands

11.3.7    Rest of Europe

11.4 Asia-Pacific

11.4.1    Japan

11.4.2    South Korea

11.4.3    China

11.4.4    India

11.4.5    Australia

11.4.6    Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1    Israel

11.5.2    UAE

11.5.3    South Africa

11.5.4    Rest

11.6 Latin America

11.6.1    Brazil

11.6.2    Argentina

11.6.3    Rest of Latin America

 

 

12.Company Profiles

12.1 Nature's Range Ltd,

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

                12.2 Waitaki Biosciences

                12.3 Dongguan Hengjie Can Parts Co.

                12.4 Blackmores Group

                12.5 Rongcheng Taixiang Food Products Co.

                12.6 Henry Blooms Health Products

                12.7 Great HealthWorks Inc.

                12.8 Aroma NZ Ltd.

 

13.Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

 

14. Conclusion

 

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Secondary Research

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