Global Mussel Oil Market by Distribution Channel (HyperMarket Application (HyperMarket By Application Biopharmaceutical, Dietary Supplements) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Industry Insights

Global mussel oil market was valued at USD 42.8 millions in 2018. It is expected to grow at a 4.9% CAGR between 2019 and 2025. The product sales are expected to rise due to rising awareness of the importance of a healthy lifestyle, and consequent demand for supplements rich in nutritional fibers.

It can also be used as a petfood or supplement, which will increase the product's demand. The green-lipped mussels are found along the coast of New Zealand and are used to extract mussel oil. It has been shown to improve bone health and reduce bone loss.

It is also useful in treating asthma, other respiratory conditions, and rheumatoid osteoarthritis. It is also used to treat inflammatory bowel disease. It is also being investigated for ADHD treatment in children and teenagers. It also has anti-cancer properties which will increase the demand.

However, the market will experience a slowdown in the future due to the rising vegan population around the world, which will limit the product demand. Market growth will also be affected by rising instances of seafood allergies.

Application Insights

The largest product category in 2018 was dietary supplement. Its medicinal benefits, including improved mobility, bone, lung and cardiovascular health, make it a popular dietary supplement. Oil also has antioxidant properties. The oil's antioxidant properties are expected to increase with increasing health awareness.

Biopharmaceutical will experience a 5.5% CAGR between 2019 and 2025. The product's core ingredients help improve many health issues such as asthma, osteoarthritis and rheumatoidarthritis. Clinical trials show that green lipped mussel oils capsules reduce joint pain by 59%. It may also reduce your risk of developing heart disease. These are the key factors that will drive the biopharmaceutical market.

Distribution Channel Insights

Hypermarket/supermarket is the largest distribution channel segment due to rising offline purchases. The availability of products in hypermarkets and supermarkets has increased due to the increasing popularity of mussels as diet supplements. Online channels will experience the fastest growth at 5.7% during the forecast period.

The key drivers of segment growth are rising popularity of ecommerce platforms and the impact of social media platforms. The segment will be driven by an increasing number of smartphone and internet users around the world. Online platforms also offer discounted prices on branded products. These channels offer easy distribution and doorstep delivery, which will help support segment development.

Regional Insights

Asia Pacific was the largest region in 2018, and it is expected to continue its dominance over the next few years. The region's growing population means that there is high demand for the product. The product is used to treat rheumatoid and other joint problems. The cosmetics market will also be impacted by the rapid growth of South Korea's personal and cosmetic care industries.

Europe will experience the highest growth rate between 2019 and 2025 due to rising population and increasing health consciousness. The region also has the second largest production base in the world after China. France is the largest importer of live and freeze mussels from this region. The European Commission of the Common Fisheries Policy Reform and Strategic Guidelines adopted a policy in April 2014 to encourage the European aquaculture industry. The region's growth will be influenced by the rapid expansion of the aquaculture industry in these countries (e.g. Norway and the U.K.).

Mussel Oil Market Share Information

Waitaki Bio and Aroma NZ Ltd are key players in this market. To increase product sales, these companies are looking to enter new markets. To increase their market share, they are also investing in product innovation and portfolio expansion.

Korure Ltd., for example, expanded its Chinese market in 2018 by introducing anti-inflammatory oil products to China. Sanford Health introduced a number of nutraceutical products in November 2018.

The Report Covers Certain Segments

This report predicts revenue growth at the global, regional and country level and offers an analysis of industry trends in each sub-segment from 2015 to 2025. Up Market Research has divided the global mussel oil market by application, distribution channel, region.

• Application Outlook (Revenue USD Million, 2015-2025)

  • Procedural Food

  • Beauty & Cosmetics

  • Biopharmaceutical

  • Supplements for the diet

  • Pet Food & Veterinary

• Distribution Channel Outlook (Revenue USD Million, 2015-2025)

  • Hypermarket/Supermarket

  • Pharmacy

  • Online

  • Other

• Regional Outlook (Revenue USD Million, 2015-2025)

  • North America

    • U.S.

  • Europe

    • Spain

    • France

  • Asia Pacific

    • China

    • Australia

    • New Zealand

  • Central & South America

    • Brazil

  • Middle East & Africa

Up Market Research published a new report titled “Mussel Oil Market research report which is segmented by Distribution Channel (HyperMarket Application (HyperMarket By Application Biopharmaceutical, Dietary Supplements), By Players/Companies Aroma NZ Ltd, Great HealthWorks, Lovely Health Ltd, Xtend-Life These companies are focusing on entering the newer markets to increase their product sales They are also focusing on product innovation and portfolio expansion to gain a greater market share, MOXXOR LLC, Waitaki Bio, Nature’s Range, Blackmores, Henry Blooms Health Products, BioMer Limited”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Mussel Oil Market Report Segments:

The market is segmented by Distribution Channel (HyperMarket Application (HyperMarket By Application Biopharmaceutical, Dietary Supplements).

Mussel Oil Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Mussel Oil Market

Overview of the regional outlook of the Mussel Oil Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Mussel Oil Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Mussel Oil Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. HyperMarket By Application Biopharmaceutical

                2. Dietary Supplements

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Mussel Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
• Channel & Customer Management
• Identifying Appropriate Advertising Appeals

Reasons to Purchase the Mussel Oil Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.