Krill Oil Market Set to Witness Explosive Growth by 2028
Market Overview The global krill oil market is witnessing remarkable growth, driven by increasing consumer awareness about health and wellness, and the rising preference for natural, sustainable sources of omega-3 fatty acids. Krill oil, extracted from Antarctic krill (Euphausia superba), is valued for its rich content of omega-3 fatty acids—EPA and DHA—phospholipids, and potent antioxidants like astaxanthin. These components contribute to cardiovascular health, cognitive function, anti-inflammatory benefits, and overall well-being. According to the research report published by Polaris Market Research, the global krill oil market was valued at USD 235.8 million in 2020 and is expected to grow at a CAGR of 11.4% during the forecast period. Key Market Growth Drivers Rising Consumer Awareness of Omega-3 Benefits: The growing global population concerned with preventive healthcare and chronic disease management is propelling demand for omega-3 fatty acids. Krill oil’...