Mussel Oil and Powder Market Size - By Form(Oil, Powder), by Grade(Food, Cosmetic, Pharmaceutical), by Application(Processed Food, Beauty & Cosmetics, Biopharmaceuticals, Dietary Supplements, Pet Food & Veterinary), by Distribution Channel(Supermarket/Hypermarket, Pharmacy, E-commerce, Retail Stores) & Region - Forecasts 2023 - 2033
- PUBLISHED ON
- 2024-09-27
- NO OF PAGES
- 243
- CATEGORY
- Healthcare & Life Sciences
Global Mussel Oil and powder Market Analysis by Form, Grade, Application, Distribution Channel and Region and segments forecast till 2033
Market Overview
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 oil extracted from mussel which is a sea water habitat mostly found in the beach front waters of New Zealand is referred to as mussel oil. The mussels in the perfect New Zealand waterways feed on a unique assortment of subarctic plankton fish which is rich in cell reinforcements, intended for assurance against elevated degrees of bright radiation. Ozone holes above New Zealand have constrained the microscopic fish hydroponics to develop to protect themselves with anti- inflammatory compounds. The mussels assimilate these defensive instruments when they ingest the plankton and thusly become a capacity area of these extraordinary unsaturated fats.
Expanding interest for mussel oil and powder in biopharmaceuticals is one of the key elements driving the business. The item helps fix a few medical problems like rheumatoid joint pain, osteoarthritis, asthma, inflammatory problems in the stomach, and attention deficit hyperactivity disorder (ADHD) disorders in minors. Medical advantages related with mussel oil and powder like superior cardiovascular health, lung power, and bone strength encourage the item interest in the dietary enhancements. They additionally have cell reinforcement properties. The rising reliance via web-based entertainment stages as a substantial stage to examine an item's advantages is projected to additional lift industry development.
As mussel oil is a good source of omega-3 unsaturated fats, the Mussel Oil and powder Market is fundamentally determined by dietary enhancement applications. Health cognizance among the general population and awareness about Recommended Dietary Allowance (RDA) admission is likewise adding to the development in the interest for dietary enhancements, accordingly powering the improvement of the Mussel Oil and powder Market.
Mussel oils witness a vast popularity in biopharmaceuticals because of the anti-inflammatory properties by the bioactive mixtures present in the oil. All the more as of late, mussel oil has been read up for the treatment of ADHD in kids and teenagers with promising outcomes. Likewise, mussel oil shows against disease properties and is in effect additionally evolved to treat cancer. Nonetheless, with customers moving towards a vegan lifestyle, mussel oil request is supposed to observe a slowdown as mussel oil is an animal origin oil. An unnatural weather change, sea contamination, and the ocean exploitation by human activities have fundamentally upset maritime biodiversity, hence prompting a decrease in the sea's mussel count. This is supposed to hamper the worldwide Mussel Oil and powder Market development.
Report Scope
Report Attributes | Description |
Market Size in 2022 | USD 159.70 Million |
Market Forecast in 2033 | USD 341.15 Million |
CAGR % 2023-2033 | 5.3% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Production, Consumption, company share, company heatmap, company production capacity, growth factors and more |
Segments Covered | Form, Grade, Application, Distribution Channel |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
Country Scope | U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies | 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 market. 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. Overall, Mussel Oil and powder Market is expected to recover in the post-pandemic period as the global economy recovers and trade and supply chains return to normalcy.
Form Insights
Powder held the largest market share in the Mussel Oil and Powder Market due to its high shelf life, easy handling, and wide range of applications in various industries, including food and beverages, nutraceuticals, and pharmaceuticals. Powdered mussel oil is preferred over liquid oil as it is easy to store, transport, and has a longer shelf life, thereby reducing the risk of spoilage. Moreover, powdered mussel oil and powder can be easily mixed with other food ingredients, making it a convenient option for food processing industries. Additionally, powdered mussel oil is being used extensively in dietary supplements owing to its high nutritional value and several health benefits, which has further contributed to its market dominance.
Grade Insights
The pharmaceutical grade segment held the largest market share in the Mussel Oil and powder market due to the increasing usage of mussel extracts in the pharmaceutical industry. Mussel extracts have anti-inflammatory and antioxidant properties that make them useful for treating various health conditions such as osteoarthritis, asthma, and other inflammatory diseases. The pharmaceutical grade mussel oil and powder products are highly purified and are specifically produced for pharmaceutical applications. They undergo rigorous quality testing and are manufactured in compliance with the pharmaceutical industry standards. Due to these factors, the pharmaceutical grade segment is expected to continue dominating Mussel Oil and powder Market in the coming years.
Application Insights
The dietary supplements segment accounted for the highest market share in the Mussel Oil and powder market owing to the growing consumer demand for natural and organic supplements to promote overall health and well-being. Mussel oil and powder are a rich source of omega-3 fatty acids, chondroitin, glucosamine, and other nutrients that help to maintain joint health, reduce inflammation, and improve immune function. Additionally, the increasing prevalence of chronic diseases such as arthritis, osteoporosis, and cardiovascular diseases is further driving the demand for mussel oil and powder supplements as a preventive measure.
Regional Insights
In term of geographic region, the Global Mussel Oil and powder Market 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. This is ascribed to green-lipped mussel (Perna Viridis), which is to a great extent appropriated in the beach front waters of Asia Pacific and is local to the area.
Competitive Analysis
Key players operating in the worldwide Mussel Oil and powder Market 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.
Recent News
· In 2018, Korure Ltd. extended its Chinese market by presenting anti-inflammatory phospholipid oil items in the country. In November 2018, Sanford Health sent off a scope of nutraceutical items.
1. Global Mussel Oil and Powder Market Introduction and Market Overview
1.1. Objective of the Market Research Study
1.2. Mussel Oil and Powder Market Definition & Description
1.3. Research Data Parameters & Reporting Timelines
1.3.1. Historical Data Reporting Years – 2020 to 2021
1.3.2. Projected Data Reporting Years – 2022 to 2033
1.3.3. Reporting Data Parameters – Value (US$ Million) & Volume (Tons )
1.4. Global Mussel Oil and Powder Market Scope and Market Estimation
1.4.1. Global Mussel Oil and Powder Overall Market Size (US$ Million) & (Tons ), Market CAGR (%), Market Estimates & Forecast (2020 to 2033)
1.4.2. Global Mussel Oil and Powder Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2020 to 2033
1.5. Mussel Oil and Powder Market Segmentation
1.5.1. Form of Global Mussel Oil and Powder Market
1.5.2. Grade of Global Mussel Oil and Powder Market
1.5.3. Application of Global Mussel Oil and Powder Market
1.5.4. Distribution Channel of Global Mussel Oil and Powder Market
1.5.5. Key Regions of Global Mussel Oil and Powder Market
2. Global Mussel Oil and Powder Market - Executive Summary
2.1. Global Mussel Oil and Powder Market – Summary & Snapshot
2.2. Global Mussel Oil and Powder Market, By Form (US$ Million) & (Tons )
2.3. Global Mussel Oil and Powder Market, By Grade (US$ Million) & (Tons )
2.4. Global Mussel Oil and Powder Market, By Application (US$ Million) & (Tons )
2.5. Global Mussel Oil and Powder Market, By Distribution Channel (US$ Million) & (Tons )
2.6. Global Mussel Oil and Powder Market, By Geography (US$ Million) & (Tons )
2.7. Global Mussel Oil and Powder Market Outlook & Future Opportunities
3. Mussel Oil and Powder Market Trends, Outlook, and Factors Analysis
3.1. Global Mussel Oil and Powder Market Industry Development Trends under COVID-19 Outbreak
3.1.1. Global COVID-19 Status Overview
3.1.2. Influence of COVID-19 Outbreak on Global Mussel Oil and Powder Market Industry Development
3.1.3. Pre & Post COVID-19 Trends and Scenarios
3.2. Market Dynamics (Growth Impacting Factors & Rationales)
3.2.1. Drivers
3.2.1.1. Increased consumption of nutrient-dense foods
3.2.1.2. Awareness about benefits of mussel Oil & powder
3.2.2. Restraints
3.2.2.1. Strict regulation by the government
3.2.3. Opportunities
3.2.3.1. The use of biopharmaceuticals is increasing.
3.2.4. Impact Analysis of Drivers and Restraints
3.3. Ecosystem/ Value Chain Analysis
3.4. Porter’s Five Forces Analysis
3.5. SWOT Analysis
3.6. PEST Analysis
3.7. Average Selling Prices and Pricing Trends Analysis of Mussel Oil and Powder Market
3.8. Technological Roadmap
3.9. Key Investment Pockets of Mussel Oil and Powder Market
3.9.1. By Form
3.9.2. By Grade
3.9.3. By Application
3.9.4. By Distribution Channel
3.9.5. By Regions
4. Global Mussel Oil and Powder Market: Estimates & Historic Trend Analysis (2020 to 2021)
4.1. Global Mussel Oil and Powder Market, 2020 – 2021 (US$ Million) & (Tons )
4.2. Global Mussel Oil and Powder Market, By Form , 2020 to 2021 (US$ Million) & (Tons )
4.3. Global Mussel Oil and Powder Market, By Grade, 2020 to 2021 (US$ Million) & (Tons )
4.4. Global Mussel Oil and Powder Market, By Application , 2020 to 2021 (US$ Million) & (Tons )
4.5. Global Mussel Oil and Powder Market, By Distribution Channel , 2020 to 2021 (US$ Million) & (Tons )
4.6. Global Mussel Oil and Powder Market, By Region, 2020 to 2021 (US$ Million) & (Tons )
5. Global Mussel Oil and Powder Market Estimates & Forecast Trend Analysis, by Form
5.1. Global Mussel Oil and Powder Market Share (%) Estimates and Forecasts, by Form , 2022 & 2033
5.2. Global Mussel Oil and Powder Market Size (US$ Million) & (Tons ) Estimates and Forecasts, by Form , 2022 to 2033
5.2.1. Oil
5.2.2. Powder
6. Global Mussel Oil and Powder Market Estimates & Forecast Trend Analysis, by Grade
6.1. Global Mussel Oil and Powder Market Share (%) Estimates and Forecasts, by Grade, 2022 & 2033
6.2. Global Mussel Oil and Powder Market (US$ Million) & (Tons ) Estimates and Forecasts, by Grade, 2022 to 2033
6.2.1. Food
6.2.2. Cosmetic
6.2.3. Pharmaceutical
7. Global Mussel Oil and Powder Market Estimates & Forecast Trend Analysis, by Application
7.1. Global Mussel Oil and Powder Market Share (%) Estimates and Forecasts, by Application , 2022 & 2033
7.2. Global Mussel Oil and Powder Market (US$ Million) & (Tons ) Estimates and Forecasts, by Application, 2022 to 2033
7.2.1. Processed Food
7.2.2. Beauty & Cosmetics
7.2.3. Biopharmaceuticals
7.2.4. Dietary Supplements
7.2.5. Pet Food & Veterinary
8. Global Mussel Oil and Powder Market Estimates & Forecast Trend Analysis, by Distribution Channel
8.1. Global Mussel Oil and Powder Market Share (%) Estimates and Forecasts, by Application , 2022 & 2033
8.2. Global Mussel Oil and Powder Market (US$ Million) & (Tons ) Estimates and Forecasts, by Distribution Channel, 2022 to 2033
8.2.1. Supermarket/Hypermarket
8.2.2. Pharmacy
8.2.3. E-commerce
8.2.4. Retail Stores
9. Global Mussel Oil and Powder Market Analysis and Forecast, by Region
9.1. Global Mussel Oil and Powder Market Share (%) Estimates and Forecasts, by Region, 2022 & 2033
9.2. Global Mussel Oil and Powder Market (US$ Million) & (Tons ) Estimates and Forecasts, by Region, 2022 to 2033
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Middle East and Africa
9.2.5. Latin America
10. North America Mussel Oil and Powder Market: Estimates & Forecast Trend Analysis
10.1. North America Mussel Oil and Powder Market Assessments & Key Findings
10.2. North America Mussel Oil and Powder Market Share (%) Estimates and Forecasts, 2022 & 2033
10.3. North America Mussel Oil and Powder Market Size Estimates and Forecast (US$ Million) & (Tons ) (2022 to 2033)
10.3.1. By Form
10.3.2. By Grade
10.3.3. By Application
10.3.4. By Distribution Channel
10.3.5. By Major Country
10.3.5.1. The U.S.
10.3.5.2. Canada
11. Europe Mussel Oil and Powder Market: Estimates & Forecast Trend Analysis
11.1. Europe Mussel Oil and Powder Market Assessments & Key Findings
11.2. Europe Mussel Oil and Powder Market Share (%) Estimates and Forecasts, 2022 & 2033
11.3. Europe Mussel Oil and Powder Market Size Estimates and Forecast (US$ Million) & (Tons ) (2022 to 2033)
11.3.1. By Form
11.3.2. By Grade
11.3.3. By Application
11.3.4. By Distribution Channel
11.3.5. By Major Country
11.3.5.1. Germany
11.3.5.2. The U.K.
11.3.5.3. France
11.3.5.4. Italy
11.3.5.5. Spain
11.3.5.6. Rest of Europe (includes all other European countries)
12. Asia Pacific Mussel Oil and Powder Market: Estimates & Forecast Trend Analysis
12.1. Asia Pacific Mussel Oil and Powder Market Assessments & Key Findings
12.2. Asia Pacific Mussel Oil and Powder Market Share (%) Estimates and Forecasts, 2022 & 2033
12.3. Asia Pacific Mussel Oil and Powder Market Size Estimates and Forecast (US$ Million) & (Tons ) (2022 to 2033)
12.3.1. By Form
12.3.2. By Grade
12.3.3. By Application
12.3.4. By Distribution Channel
12.3.5. By Major Country
12.3.5.1. China
12.3.5.2. Japan
12.3.5.3. India
12.3.5.4. ASEAN
12.3.5.5. South Korea
12.3.5.6. Rest of Asia Pacific (includes all other Asia Pacific countries)
13. Middle East & Africa Mussel Oil and Powder Market: Estimates & Forecast Trend Analysis
13.1. Middle East & Africa Mussel Oil and Powder Market Assessments & Key Findings
13.2. Middle East & Africa Mussel Oil and Powder Market Share (%) Estimates and Forecasts, 2022 & 2033
13.3. Middle East & Africa Mussel Oil and Powder Market Size Estimates and Forecast (US$ Million) & (Tons ) (2022 to 2033)
13.3.1. By Form
13.3.2. By Grade
13.3.3. By Application
13.3.4. By Distribution Channel
13.3.5. By Major Country
13.3.5.1. GCC
13.3.5.2. South Africa
13.3.5.3. Egypt
13.3.5.4. Rest of Middle East & Africa (includes all other Middle East & Africa countries)
14. Latin America Mussel Oil and Powder Market: Estimates & Forecast Trend Analysis
14.1. Latin America Market Assessments & Key Findings
14.2. Latin America Mussel Oil and Powder Market Share (%) Estimates and Forecasts, 2022 & 2033
14.3. Latin America Mussel Oil and Powder Market Size Estimates and Forecast (US$ Million) & (Tons ) (2022 to 2033)
14.3.1. By Form
14.3.2. By Grade
14.3.3. By Application
14.3.4. By Distribution Channel
14.3.5. By Major Country
14.3.5.1. Brazil
14.3.5.2. Mexico
14.3.5.3. Rest of Latin America (includes all other Latin America countries)
15. Competitive Landscape
15.1. Market Revenue Share Analysis (%), by Major Players (2021)
15.2. Market Competition Matrix, by Leading Players
15.3. List of Emerging, Prominent and Leading Players
15.4. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, etc.
16. Company Profiles
16.1. Waitaki Bio
16.1.1. Company Overview & Insights
16.1.2. Financial Performance
16.1.3. Product / Service Portfolio
16.1.4. Geographical Footprint & Share
16.1.5. Strategic Initiatives & Key Developments
*Similar details would be provided for all the players mentioned below
16.2. Bio-Mer Ltd
16.3. Nature’s Range
16.4. Aroma NZ Ltd.
16.5. Great HealthWorks
16.6. Blackmores Group
16.7. Henry Blooms Health Products
16.8. MOXXOR LLC
16.9. Lovely Health Ltd.
16.10. Xtend-Life
16.11. E.F.S.-Holland
16.12. Enzaq Aquaculture Ltd.
16.13. MacLab
16.14. Lintbells Ltd.
16.15. Others
17. Assumptions and Research Methodology
17.1. Data Mining
17.2. Secondary Research
17.3. Primary Research
17.4. Subject Matter Expert Advice
17.5. Quality Check
17.6. Final Review
17.7. Data Triangulation
17.8. Bottom-Up Approach
17.9. Top Down Approach
17.10. Research Flow
17.11. Key Insights from Industry Experts
17.12. Data Sources
17.13. Assumptions
17.14. Limitations
18. Conclusions and Recommendations
18.1. Key Research Findings and Conclusion
18.2. Key Insights & Recommendations from Analysts
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