The Asia Pacific Cod Liver Oil Market would witness market growth of 10.0% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Cod Liver Oil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $11,038.9 Thousands by 2031. The Japan market is registering a CAGR of 9.3% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 10.7% during (2024 - 2031).
The market is subject to various trends that reflect evolving consumer preferences, industry dynamics, and scientific advancements. For example, one prominent trend in the cod liver oil market is the increasing demand for sustainably sourced and ethically harvested products. With growing awareness of environmental issues and concerns about overfishing, consumers are seeking out cod liver oil products certified by reputable organizations, such as the Marine Stewardship Council (MSC), as meeting strict sustainability standards. Manufacturers respond to this trend by prioritizing sustainable fishing practices, traceability, and transparency in their supply chains, appealing to eco-conscious consumers.
In line with broader food and beverage industry trends, there is a growing emphasis on clean-label products and transparency in the cod liver oil market. Consumers are scrutinizing product labels more closely, seeking products with minimal processing, natural ingredients, and clear labeling. Manufacturers respond by removing unnecessary additives, preservatives, and fillers from their formulations and providing detailed information about their cod liver oil products’ sourcing, production, and nutritional content.
The expanding nutraceutical industry in India provides cod liver oil manufacturers with opportunities to diversify their product offerings and cater to specific consumer preferences and health needs. This may include the development of new formulations, such as flavored or fortified cod liver oil supplements, targeted at different demographic segments or health concerns. According to the Investment Promotion and Facilitation Agency, the nutraceuticals industry in India is expected to grow from $4 billion in 2017 to $18 billion in 2025.
This growth is driven by rising demand for dietary supplements from the upper and middle classes. Dietary supplements, which constitute over 65 percent of the Indian nutraceuticals industry, include macronutrients and herbal and non-herbal extracts. This segment is growing at a rate of 17 percent and, hence, will drive the market’s growth. Therefore, the increasing nutraceutical industry and the rising elderly age in the region drive the market’s growth.
Free Valuable Insights: The Global Cod Liver Oil Market is Predict to reach USD 182.7 Million by 2031, at a CAGR of 9.3%
Based on Source, the market is segmented into Atlantic, Arctic, and Others. Based on Application, the market is segmented into Dietary Supplements, Pharmaceuticals, Nutraceuticals, and Personal Care & Cosmetics. Based on Form, the market is segmented into Soft Gels, Capsules & Tablets, and Liquid. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Lysi hf
- Nestle S.A.
- Vital Nutrients Holdings, Inc. (North Castle Partners, LLC)
- Power Health Products Limited
- Ito En, Ltd. (MASON VITAMINS INC.)
- Carlson Laboratories, Inc.
- WN Pharmaceuticals Ltd.
- NOW Health Group, Inc.
- Nordic Naturals, Inc.
Asia Pacific Cod Liver Oil Market Report Segmentation
By Source
By Application
- Dietary Supplements
- Pharmaceuticals
- Nutraceuticals
- Personal Care & Cosmetics
By Form
- Soft Gels
- Capsules & Tablets
- Liquid
By Country
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
TABLE 1 Asia Pacific Cod Liver Oil Market, 2020 - 2023, USD Thousands
TABLE 2 Asia Pacific Cod Liver Oil Market, 2024 - 2031, USD Thousands
TABLE 3 Asia Pacific Cod Liver Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 4 Asia Pacific Cod Liver Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 5 Asia Pacific Atlantic Market by Country, 2020 - 2023, USD Thousands
TABLE 6 Asia Pacific Atlantic Market by Country, 2024 - 2031, USD Thousands
TABLE 7 Asia Pacific Arctic Market by Country, 2020 - 2023, USD Thousands
TABLE 8 Asia Pacific Arctic Market by Country, 2024 - 2031, USD Thousands
TABLE 9 Asia Pacific Others Market by Country, 2020 - 2023, USD Thousands
TABLE 10 Asia Pacific Others Market by Country, 2024 - 2031, USD Thousands
TABLE 11 Asia Pacific Cod Liver Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 12 Asia Pacific Cod Liver Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 13 Asia Pacific Dietary Supplements Market by Country, 2020 - 2023, USD Thousands
TABLE 14 Asia Pacific Dietary Supplements Market by Country, 2024 - 2031, USD Thousands
TABLE 15 Asia Pacific Pharmaceuticals Market by Country, 2020 - 2023, USD Thousands
TABLE 16 Asia Pacific Pharmaceuticals Market by Country, 2024 - 2031, USD Thousands
TABLE 17 Asia Pacific Nutraceuticals Market by Country, 2020 - 2023, USD Thousands
TABLE 18 Asia Pacific Nutraceuticals Market by Country, 2024 - 2031, USD Thousands
TABLE 19 Asia Pacific Personal Care & Cosmetics Market by Country, 2020 - 2023, USD Thousands
TABLE 20 Asia Pacific Personal Care & Cosmetics Market by Country, 2024 - 2031, USD Thousands
TABLE 21 Asia Pacific Cod Liver Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 22 Asia Pacific Cod Liver Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 23 Asia Pacific Soft Gels Market by Country, 2020 - 2023, USD Thousands
TABLE 24 Asia Pacific Soft Gels Market by Country, 2024 - 2031, USD Thousands
TABLE 25 Asia Pacific Capsules & Tablets Market by Country, 2020 - 2023, USD Thousands
TABLE 26 Asia Pacific Capsules & Tablets Market by Country, 2024 - 2031, USD Thousands
TABLE 27 Asia Pacific Liquid Market by Country, 2020 - 2023, USD Thousands
TABLE 28 Asia Pacific Liquid Market by Country, 2024 - 2031, USD Thousands
TABLE 29 Asia Pacific Cod Liver Oil Market by Country, 2020 - 2023, USD Thousands
TABLE 30 Asia Pacific Cod Liver Oil Market by Country, 2024 - 2031, USD Thousands
TABLE 31 China Cod Liver Oil Market, 2020 - 2023, USD Thousands
TABLE 32 China Cod Liver Oil Market, 2024 - 2031, USD Thousands
TABLE 33 China Cod Liver Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 34 China Cod Liver Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 35 China Cod Liver Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 36 China Cod Liver Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 37 China Cod Liver Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 38 China Cod Liver Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 39 Japan Cod Liver Oil Market, 2020 - 2023, USD Thousands
TABLE 40 Japan Cod Liver Oil Market, 2024 - 2031, USD Thousands
TABLE 41 Japan Cod Liver Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 42 Japan Cod Liver Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 43 Japan Cod Liver Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 44 Japan Cod Liver Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 45 Japan Cod Liver Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 46 Japan Cod Liver Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 47 India Cod Liver Oil Market, 2020 - 2023, USD Thousands
TABLE 48 India Cod Liver Oil Market, 2024 - 2031, USD Thousands
TABLE 49 India Cod Liver Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 50 India Cod Liver Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 51 India Cod Liver Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 52 India Cod Liver Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 53 India Cod Liver Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 54 India Cod Liver Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 55 South Korea Cod Liver Oil Market, 2020 - 2023, USD Thousands
TABLE 56 South Korea Cod Liver Oil Market, 2024 - 2031, USD Thousands
TABLE 57 South Korea Cod Liver Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 58 South Korea Cod Liver Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 59 South Korea Cod Liver Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 60 South Korea Cod Liver Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 61 South Korea Cod Liver Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 62 South Korea Cod Liver Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 63 Australia Cod Liver Oil Market, 2020 - 2023, USD Thousands
TABLE 64 Australia Cod Liver Oil Market, 2024 - 2031, USD Thousands
TABLE 65 Australia Cod Liver Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 66 Australia Cod Liver Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 67 Australia Cod Liver Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 68 Australia Cod Liver Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 69 Australia Cod Liver Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 70 Australia Cod Liver Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 71 Malaysia Cod Liver Oil Market, 2020 - 2023, USD Thousands
TABLE 72 Malaysia Cod Liver Oil Market, 2024 - 2031, USD Thousands
TABLE 73 Malaysia Cod Liver Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 74 Malaysia Cod Liver Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 75 Malaysia Cod Liver Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 76 Malaysia Cod Liver Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 77 Malaysia Cod Liver Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 78 Malaysia Cod Liver Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 79 Rest of Asia Pacific Cod Liver Oil Market, 2020 - 2023, USD Thousands
TABLE 80 Rest of Asia Pacific Cod Liver Oil Market, 2024 - 2031, USD Thousands
TABLE 81 Rest of Asia Pacific Cod Liver Oil Market by Source, 2020 - 2023, USD Thousands
TABLE 82 Rest of Asia Pacific Cod Liver Oil Market by Source, 2024 - 2031, USD Thousands
TABLE 83 Rest of Asia Pacific Cod Liver Oil Market by Application, 2020 - 2023, USD Thousands
TABLE 84 Rest of Asia Pacific Cod Liver Oil Market by Application, 2024 - 2031, USD Thousands
TABLE 85 Rest of Asia Pacific Cod Liver Oil Market by Form, 2020 - 2023, USD Thousands
TABLE 86 Rest of Asia Pacific Cod Liver Oil Market by Form, 2024 - 2031, USD Thousands
TABLE 87 Key Information – Lýsi hf
TABLE 88 Key Information – Vital Nutrients Holdings, Inc.
TABLE 89 Key Information – Power Health Products Limited
TABLE 90 Key information – Ito En, Ltd.
TABLE 91 Key Information – Carlson Laboratories, Inc.
TABLE 92 Key Information – WN Pharmaceuticals Ltd.
TABLE 93 Key Information – Nestle S.A.
TABLE 94 Key Information – NOW Health Group, Inc.
TABLE 95 Key Information – Nordic Naturals, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Cod Liver Oil Market, 2020 - 2031, USD Thousands
FIG 3 Key Factors Impacting Cod Liver Oil Market
FIG 4 Porter’s Five Forces Analysis – Cod Liver Oil Market
FIG 5 Asia Pacific Cod Liver Oil Market share by Source, 2023
FIG 6 Asia Pacific Cod Liver Oil Market share by Source, 2031
FIG 7 Asia Pacific Cod Liver Oil Market by Source, 2020 - 2031, USD Thousands
FIG 8 Asia Pacific Cod Liver Oil Market share by Application, 2023
FIG 9 Asia Pacific Cod Liver Oil Market share by Application, 2031
FIG 10 Asia Pacific Cod Liver Oil Market by Application, 2020 - 2031, USD Thousands
FIG 11 Asia Pacific Cod Liver Oil Market share by Form, 2023
FIG 12 Asia Pacific Cod Liver Oil Market share by Form, 2031
FIG 13 Asia Pacific Cod Liver Oil Market by Form, 2020 - 2031, USD Thousands
FIG 14 Asia Pacific Cod Liver Oil Market share by Country, 2023
FIG 15 Asia Pacific Cod Liver Oil Market share by Country, 2031
FIG 16 Asia Pacific Cod Liver Oil Market by Country, 2020 - 2031, USD Thousands
FIG 17 SWOT Analysis: Ito En, Ltd.
FIG 18 SWOT Analysis: Nestle S.A.
FIG 19 SWOT Analysis: NOW Health Group, Inc.
FIG 20 SWOT Analysis: Nordic Naturals, Inc.