Fish oil demand is surging, driven by widespread recognition of omega‑3’s health benefits, rising chronic disease rates, and growing geriatric populations. Expanding aquaculture, functional food trends, and supportive regulations also fuel growth. The global Fish Oil market, valued at USD 2.5 billion in 2024, is projected to reach USD 4.0 billion by 2033, exhibiting a CAGR of 5.16% from 2025 to 2033.

Study Assumption Years

• BASE YEAR: 2024
• HISTORICAL YEARS: 2019–2024
• FORECAST YEARS: 2025–2033

Fish Oil Market Key Takeaways

• The market was USD 2.5 B in 2024 and is forecast to reach USD 4.0 B by 2033, growing at a 5.16% CAGR.
• Europe leads market shares due to high omega-3 awareness and strong aquaculture use.
• Source types include Anchoveta, Sardine, Capelin, Menhaden, Herring, Anchovy, and Others
• Distribution channels: Hypermarkets & Supermarkets, Specialty stores, Online stores, and Others
• End‑use segments: Aquaculture (salmon/trout, marine fish, crustaceans, tilapias, others), Animal Feed, Nutritional Supplements, Pharmaceutical, Others
• Expansion fuelled by rising health consciousness, omega-3 inclusion in functional foods, and sustainable product innovations.

Market Growth Factors

1. Health Benefits:

Omega-3 fatty acids are essential nutrients that play a crucial role in brain development, heart health, and immune function. They can help lower blood pressure, reduce triglyceride levels, prevent irregular heart rhythms, and enhance circulation thanks to their anti-inflammatory and vasodilatory properties. DHA, one of the key omega-3s, is particularly important for fetal brain and eye development and continues to support cognitive function throughout life, potentially delaying the onset of dementia and lowering the risk of age-related macular degeneration. Omega-3s also help manage inflammation, offering relief for conditions like rheumatoid arthritis, and may boost mental health by easing symptoms of depression. Plus, they’re great for your skin, helping to prevent dryness and roughness. You can get these vital fats from oily fish like salmon and mackerel, plant-based sources rich in ALA, or through supplements like fish oil, making it easy to ensure you’re getting enough, even if you don’t eat much fish.

2. Aquaculture:

Fish oil plays a vital role in aquaculture feeds, delivering essential omega-3 fatty acids like EPA and DHA, which are crucial for the growth, immune health, and overall well-being of farmed fish. Sourced from pelagic species such as anchovies and menhaden, it also acts as a concentrated energy source and boosts the palatability of feed, ensuring that fish can absorb nutrients efficiently and grow better. However, the global supply of fish oil is limited, and as demand rises, so do costs, alongside growing environmental and ethical concerns about wild fish harvesting. To tackle these issues, the industry is looking into sustainable alternatives, such as microalgae oils rich in omega-3s, plant-based oils, and oils derived from insects. These options aim to preserve nutritional quality while promoting environmentally friendly and cost-effective aquaculture practices.

3. Dietary Supplements & Pharmaceuticals:

Fish oil, packed with omega-3 fatty acids like EPA and DHA, is commonly prescribed to help manage high triglyceride levels and support various health issues, including heart health, inflammatory conditions such as rheumatoid arthritis, and skin problems like acne and photoaging. Some FDA-approved options include Icosapent ethyl (which contains only EPA), Omega-3-acid ethyl esters (a mix of EPA and DHA), and Omega-3-carboxylic acids, all designed to assist in lowering triglycerides. These prescription products use techniques like ethyl esterification and nanoemulsion encapsulation to improve their stability, bioavailability, and absorption. Unlike dietary supplements, which aren’t strictly regulated for safety or effectiveness, prescription fish oil medications go through thorough clinical testing and typically have higher omega-3 concentrations tailored for specific medical needs. Research is also looking into their potential role in cancer prevention and treatment, thanks to their anti-inflammatory and anti-angiogenic properties.

Request for a sample copy of this report: 

https://www.imarcgroup.com/fish-oil-market/requestsample

Market Segmentation

Breakup by Source:

• Anchoveta
• Sardine
• Capelin
• Menhaden
• Herring
• Anchovy
• Others

Breakup by Distribution Channel:

• Hypermarkets and Supermarkets
• Specialty Stores
• Online Stores
• Others

Breakup by End Use:

• Aquaculture
• Salmon and Trout
• Marine Fish
• Crustaceans
• Tilapias
• Others
• Animal Feed
• Nutritional Supplements
• Pharmaceutical
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Regional Insights

Europe leads the global fish oil market, driven by strong consumer awareness of omega-3 benefits, a robust aquaculture industry, and well-developed supply chains. These factors, combined with supportive policies and sustainability trends, have positioned Europe as the dominant regional market

Recent Developments & News

Key trends include increasing production of high-purity fish oil and sustainable formulations, responding to consumer demand for premium and eco-friendly supplements. Manufacturers are linking fish oil with functional foods and beverages. Algal and vegan omega‑3 alternatives are emerging, reflecting personalized nutrition and sustainability priorities. These innovations are reshaping product offerings and reinforcing market momentum.

Key Players

• Aker BioMarine ASA
• DSM‑Firmenich (partnered with SCN BestCo)
• Carlson Laboratories Inc.
• Nordic Naturals Inc.
• NOW Foods

Ask Analyst for Customization: 

https://www.imarcgroup.com/request?type=report&id=3373&flag=C

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: (+1-201971-6302)