Report Id: SNS/C&M/1490 | May 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Mussel Oil Market Size was valued at USD 41.69 billion in 2022 and is expected to reach USD 63.03 billion by 2030, and grow at a CAGR of 5.3% over the forecast period 2023-2030. 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.
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.
By End Use
Cosmetics and Personal Care
Pet food & Veterinary
By Sales Channel
Others (Drugstore, Nutrition & Health Food Store)
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.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 41.69 Billion|
|Market Size by 2030||US$ 63.03 Billion|
|CAGR||CAGR of 5.3% From 2023 to 2030|
|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
regulatory authorities, including government agencies and ngo
commercial research & development (r&d) institutions
importers and exporters
government organizations, research organizations, and consulting firms
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
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
22.214.171.124 United Kingdom
126.96.36.199 South Korea
188.8.131.52 Rest of the World
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 User
9.1 Processed Food
9.2 Cosmetics and Personal Care
9.4 Dietary supplements
9.5Pet food & Veterinary
10. Global Mussel Oil Market Segment, By Sales Channel
10.2 Specialty stores
10.3 Online Stores
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12.1 Nature's Range Ltd,
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.
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
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