A fresh key research report on the mussel oil and powder market has been uploaded to We Markets. The goal of the study is to give international investors a decision-making tool that will change the game for the Mussel Oil and Powder. The research study will contain key statistics, including total revenues, total sales, key products, important drivers, and obstacles, as well as the market’s overall worldwide revenues with historical analysis. With a trustworthy in-depth analysis of the mussel oil and powder, the report’s data is drawn from a variety of primary and secondary information sources. The study paper uses international governing bodies as its main data sources and includes objective growth estimates as well as independent projection analyses.
The global Mussel Oil and powder Market was worth USD 159.70 million in 2022 and is anticipated to amplify at a CAGR of 5.3% over 2023-2033, thereby accumulating USD 341.15 million by end of the analysis timeline.
The term “mussel oil” refers to the oil that is extracted from mussels, which are primarily found in New Zealand’s beachfront waters. The mussels in the ideal streams of New Zealand eat a special variety of subarctic plankton fish that is rich in cell reinforcements for protection against increased levels of brilliant radiation. The development of anti-inflammatory substances by the microscopic fish hydroponics to shield themselves from the ozone holes over New Zealand. The mussels absorb these defence mechanisms when they consume plankton, becoming a source of these exceptional unsaturated fats.
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Key Players
Waitaki Bio
Blackmores
Aroma NA
Nature’s Range
Bio-Mer NZ
Moxxor LLC
EFS Holland
MacLab; Lintbells Inc.
Henry Blooms Health Products
Lovely Health Ltd.
Xtend-Life, E.F.S.-Holland
Enzaq Aquaculture Ltd.
MacLab, Lintbells Ltd.
and others
Impact of COVID
The COVID-19 pandemic has had a mixed impact on the mussel oil and powder. On the one hand, the demand for supplements and functional food products has increased as people have become more health-conscious in the wake of the pandemic. This has led to an uptick in the demand for mussel oil and powder, which are rich in nutrients such as omega-3 fatty acids and glucosamine. On the other hand, disruptions in the supply chain due to lockdowns and restrictions on international trade have led to a shortage of raw materials, which has affected the production of mussel oil and powder. This has resulted in higher prices for these products, which has in turn affected their demand in some regions.
Regional Insights
In term of geographic region, the Global Mussel Oil and powder is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Asia Pacific held the biggest income share of more than 20% in 2020 and is anticipated to enroll the most elevated CAGR over the estimate time frame.
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Frequently Asked Questions About This Report
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- Which enterprise segment accounted for the largest revenue share in the Market?
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