About Tuna Oil
Tuna Oil commonly known as a natural fish oil. This oil made by the Oily tuna fish. This Fish contains Omega-3 fatty acids DHA as well as vitamin A and vitamin D. the genera Thunnus and Sarda are the species of Tuna fish. They are included in the Family known as Scombridae. Tuna fish helps to bridge the gap in dietary omega-3 intake and supports the body's natural inflammatory response function. Tuna Oil contains non-concentrated, natural profile of tuna oil that is rigorously tested to be below regulatory standards for contaminates and toxins. Tuna Oil is beneficial for heart, eye, and brain health. EPA contains in tuna oil maintain cardiovascular health and the regulation of inflammation.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The market for Tuna Oil is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share. Analyst at AMA Research estimates that Norway Vendors will contribute the maximum growth to Global Tuna Oil market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Lysi (Iceland), Clover Corporation (Australia), Thai Union Ingredients (Thailand), Standard Process (United States), Seadragon (New Zealand), Pelagia (Norway), Novosana(Netherlands), Nissui Group (Japan), Norwegian Fish Oil Asa (Norway), Kinomega Biopharm Inc (China), Golden Omega (Chile) and Estalife (Singapore) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Sinomega (China), Austevoll Seafood Asa(Norway), Isa Value Co (Thailand), Havsbrún (Faroe Island) and Solander Pacific Ltd (Fiji).
Segmentation Overview
AMA Research has segmented the market of Global Tuna Oil market by Type (Micro-Encapsulated Tuna Oil and Liquid Tuna Oil), Application (Pharmaceuticals, Pet Food, Dietary Supplements and Other) and Region.
On the basis of geography, the market of Tuna Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online (E-commerce websites) will boost the Tuna Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Canned will boost the Tuna Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 23 Apr 2021, Thai Union Ingredients Has Launched The Uniqdha Tuna Oil Range, Nutritional DHA Omega 3 Oils Made With Tuna Fish Heads Valorized From Its Parent Company Thai Union Group. The Range Comes in Two Forms: The Uniqdha Crude Oil, Which Delivers A DHA Content Of 28 To 30 Percent, And The Uniqdha Refined Oil, Which Is Positioned As A Premium Ingredient For Sectors Such As Infant Nutrition.
Market Drivers
- Rising Consumption of Animal Protein at Affordable price
Opportunities
- Increasing Use of fish oil in animal pet food
- Treatment Of Various Diseases Cure by Tuna oil
Restraints
- Growing Consumers Tendency Toward Plant Based Food
- Allergens Among Consumers
Challenges
- Limited Breeding of Tuna Fish
- Intense Competition among Key Players
Key Target Audience
Tuna Oil Manufacturer, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.