Dublin, Sept. 25, 2020 (GLOBE NEWSWIRE) -- The "Krill Oil - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Krill Oil estimated at US$531.8 Million in the year 2020, is projected to reach a revised size of US$1 Billion by 2027, growing at a CAGR of 9.7% over the period 2020-2027.
Liquid Type, one of the segments analyzed in the report, is projected to record 10.6% CAGR and reach US$288.2 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Tablet Type segment is readjusted to a revised 9.4% CAGR for the next 7-year period.
The U. S. Market is Estimated at $143.7 Million, While China is Forecast to Grow at 12.9% CAGR
The Krill Oil market in the U. S. is estimated at US$143.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$216.4 Million by the year 2027 trailing a CAGR of 13% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.7% and 8.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.6% CAGR. We bring years of research experience to this 7th edition of our report.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/6hc3jo
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CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
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