Market Research Future published a half-cooked research report on the global cod liver oil market, which is estimated to grow at a CAGR of 6.5% during the forecast period 2017-2023.

Market Overview:

Cod Liver Oil is a thick, yellow oil derived from liver of cod fish. It is rich in vitamin A, vitamin D, omega 3, and fatty acid. Additionally, it is used for the treatment of various health issues such as high cholesterol, high blood pressure, heart disease, arthritis pain, depression, autoimmune disease, and many more. Increasing health issues among the rising population is driving the growth of the global Cod Liver Oil Market Size. Owing to its high nutritional value, it is gaining popularity among various industries such as pharmaceuticals, cosmetics, animal feed, food & beverages, and others. It is a source of nutrition for humans as well as animals.

Competitive Analysis:

The restructuring of the market's fundamental operations is expected to impact the market shortly. The upsurge in innovative technologies in the global supply chain is estimated to generate opportunities during the forecast period. The market is projected to witness an improvement in growth cues in the near future. The reclaimed market potential is projected to augment the worldwide market's progress. The mindset of hypervigilance in the aftermath of the pandemic is intended to guide market decisions throughout the projected period. The market's production stability is predicted to be variable. Each manufacturer is expected to make microeconomic decisions to ensure long-term business growth and continuity during the forecast timeframe. The essential policies being developed by government bodies worldwide are thought to have a powerful role in the global advancement of the market. The COVID-19 pandemic's drastic changes in the global financial intermediation structure are believed to influence how firms acquire finance in the comparable period.

The renowned companies in the cod liver oil market are Twinlab Corporation. (U.S.), Seven Seas Ltd (U.K.), Nordic Naturals, Inc. (U.S.), Mason Vitamins (U.S.), LYSI hf (England), Country Life, LLC (U.K.), and Power Health (U.S.).

Segmental Analysis:

The segmental scrutiny of the cod liver oil market is conducted based on product, region, and distribution channel. Based on the product, the cod liver oil market includes powders, liquids, gels, and others such as tablets, capsules, and soft chewable. Based on region, the cod liver oil market includes Europe, North America, Asia-Pacific, and the rest of the world. Based on the distribution channel, the cod liver oil market includes store-based and the non-store-based channels

Detailed Regional Analysis: 

The regional examination of the cod liver oil market includes Europe, North America, Asia-Pacific, and the rest of the world. Europe leads the industry, followed by North America, owing to the rapid awareness of the benefits of a healthy lifestyle. Furthermore, the United States tops the cod liver oil business in North America.  The APAC will expand to become the region with the largest market share during the projection period. The booming population in this region promotes awareness of market products and the audience's dependency on these products. Many other reasons, such as doctors prescribing cod liver oil and its application in pharmaceutical and medical businesses, add to the availability of ample opportunities in the APAC area during the projection period. In emerging nations such as China and India, urbanization increases the number of working women, which leads to the consumption of processed foods with low nutritional value. Women take dietary supplements such as cod liver oil to complement their nutritional intake.

Industry Updates:

Dec 2021 The Food Safety Authority of Ireland (FSAI) has issued a recall notice for 31 Boots own brand items due to pesticide contamination. The use of ethylene oxide in foods sold in the European Union is prohibited. Zinc, cod liver oil, folic acid, turmeric supplements, lifestyle supplements (including vegan choices), multivitamins, and immune defense supplements are among the items on the list.

Browse Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/cod-liver-oil-market-4616

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