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The U. S. and South America fish oil market size was valued at $677. 6 million in 2019, and is estimated to reach $1,119. 4 million by 2027 with a CAGR of 9. 8% from 2021 to 2027.
U.S. dominated the fish oil market in 2019, and is expected to continue this trend throughout the forecast period, registering a CAGR of 8. 8%.
The rise in awareness among medical professionals and public about the importance of omega-3 fatty acids has led to significant increase in fish oil consumption. Therefore, companies are now expanding their nutraceuticals product line with the addition of concentrated EPA and DHA.
Surge in demand for EPA and DHA in human nutrition has positively impacted on the U. S. and South America fish oil market. Moreover, increase in awareness about micro and macro nutrients has boosted the sale of fish oil capsules. However, The rise in volume of fish oil consumption in human nutrition creates a supply threat for aquaculture feed.