Product Code: ETC13297889 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Shark Liver Oil Market was valued at USD 0.6 Billion in 2024 and is expected to reach USD 1 Billion by 2031, growing at a compound annual growth rate of 6.10% during the forecast period (2025-2031).
The global shark liver oil market is witnessing steady growth due to the increasing demand for its health benefits, particularly in the pharmaceutical and dietary supplements industries. Shark liver oil is rich in compounds such as squalene, alkylglycerols, and omega-3 fatty acids, making it a popular choice for its anti-inflammatory, immune-boosting, and skin care properties. The market is driven by the rising awareness among consumers regarding the health benefits of shark liver oil, leading to its incorporation in various health and wellness products. However, concerns over ethical and environmental sustainability issues related to shark fishing practices have led to some regulatory challenges for the market. Nonetheless, technological advancements and sustainable sourcing practices are expected to drive the growth of the global shark liver oil market in the coming years.
The Global Shark Liver Oil Market is experiencing growth due to the increasing consumer awareness of the health benefits associated with shark liver oil, such as its high content of squalene and omega-3 fatty acids. The market is also benefiting from the rising demand for natural and sustainable ingredients in various industries, including pharmaceuticals, cosmetics, and dietary supplements. Opportunities exist for market players to expand their product offerings, particularly in the beauty and skincare sectors, by leveraging the moisturizing and anti-aging properties of shark liver oil. However, the market faces challenges related to sustainability concerns and regulations surrounding shark conservation. Companies that can address these issues through responsible sourcing practices and product innovation are likely to succeed in the growing Global Shark Liver Oil Market.
One of the main challenges faced in the Global Shark Liver Oil Market is the growing concern over sustainability and ethical practices. The overfishing of sharks for their liver oil, which is rich in compounds like squalene and alkylglycerols, has led to a decline in shark populations and raised conservation issues. This has resulted in increased regulations and restrictions on shark fishing, impacting the supply of shark liver oil. Additionally, there is a rising awareness among consumers about the ethical implications of using products derived from sharks, leading to a shift towards alternative sources of squalene and other beneficial compounds. Companies operating in this market are thus faced with the challenge of ensuring sustainable sourcing practices, adhering to regulations, and addressing consumer preferences for ethical products while maintaining a competitive edge in the industry.
The Global Shark Liver Oil Market is primarily driven by the increasing demand for shark liver oil in pharmaceuticals and dietary supplements due to its high content of beneficial compounds such as squalene and alkylglycerols. These compounds are known for their anti-inflammatory, antioxidant, and immune-boosting properties, which have led to the rising popularity of shark liver oil as a natural health supplement. Additionally, the growth in the cosmetics industry, where shark liver oil is used in skincare products for its moisturizing and anti-aging benefits, is also contributing to the market expansion. Moreover, the sustainable sourcing of shark liver oil and the implementation of regulations to protect shark populations are becoming important factors influencing consumer preferences and market dynamics.
Government policies related to the Global Shark Liver Oil Market typically focus on conservation efforts to protect shark populations from overfishing and maintain sustainable practices. These policies may include regulations on shark fishing quotas, restrictions on specific shark species, and monitoring of fishing activities to prevent illegal practices. Additionally, some countries have implemented bans on the trade of products derived from endangered shark species to promote conservation. These policies aim to balance the economic opportunities of the shark liver oil market with the long-term preservation of shark populations and marine ecosystems. Compliance with these regulations is essential for companies operating in the shark liver oil industry to ensure ethical sourcing practices and maintain market access.
The Global Shark Liver Oil Market is expected to witness steady growth in the coming years due to the increasing demand for shark liver oil in pharmaceuticals, cosmetics, and dietary supplements. The market is driven by the rising consumer awareness regarding the health benefits of shark liver oil, such as its anti-inflammatory properties, immune system support, and skincare benefits. Additionally, the growing prevalence of chronic diseases and skin ailments is further fueling the demand for shark liver oil products. However, concerns related to overfishing of sharks and sustainability issues may pose challenges to the market`s growth. Companies are increasingly focusing on sustainable sourcing practices and alternative sources of squalene to address these concerns and capitalize on the lucrative opportunities in the market.
In the global shark liver oil market, Asia holds a significant market share due to the presence of key shark fishing nations such as Japan and China. North America and Europe also contribute substantially to the market, driven by increasing consumer awareness about the health benefits of shark liver oil and the growing demand for dietary supplements. In the Middle East and Africa region, the market is poised for growth with the rising adoption of natural remedies and traditional medicines. Latin America is witnessing a gradual increase in the consumption of shark liver oil products, driven by the expanding healthcare sector and growing focus on preventive healthcare practices. Overall, the global shark liver oil market is expected to experience steady growth across all regions as consumers increasingly seek natural health solutions.
Global Shark Liver Oil Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Shark Liver Oil Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Shark Liver Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Global Shark Liver Oil Market - Industry Life Cycle |
3.4 Global Shark Liver Oil Market - Porter's Five Forces |
3.5 Global Shark Liver Oil Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Shark Liver Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Shark Liver Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Shark Liver Oil Market Revenues & Volume Share, By Distribution Channels, 2021 & 2031F |
4 Global Shark Liver Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Shark Liver Oil Market Trends |
6 Global Shark Liver Oil Market, 2021 - 2031 |
6.1 Global Shark Liver Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Shark Liver Oil Market, Revenues & Volume, By Deep Sea Shark, 2021 - 2031 |
6.1.3 Global Shark Liver Oil Market, Revenues & Volume, By Dogfish, 2021 - 2031 |
6.1.4 Global Shark Liver Oil Market, Revenues & Volume, By Basking Shark , 2021 - 2031 |
6.1.5 Global Shark Liver Oil Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Shark Liver Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Shark Liver Oil Market, Revenues & Volume, By Food Industry, 2021 - 2031 |
6.2.3 Global Shark Liver Oil Market, Revenues & Volume, By Textile, 2021 - 2031 |
6.2.4 Global Shark Liver Oil Market, Revenues & Volume, By Pharmaceuticals, 2021 - 2031 |
6.2.5 Global Shark Liver Oil Market, Revenues & Volume, By Fuel, 2021 - 2031 |
6.2.6 Global Shark Liver Oil Market, Revenues & Volume, By Cosmetics and Personal Care, 2021 - 2031 |
6.2.7 Global Shark Liver Oil Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3 Global Shark Liver Oil Market, Revenues & Volume, By Distribution Channels, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Shark Liver Oil Market, Revenues & Volume, By Direct Sales, 2021 - 2031 |
6.3.3 Global Shark Liver Oil Market, Revenues & Volume, By Indirect Sales, 2021 - 2031 |
7 North America Shark Liver Oil Market, Overview & Analysis |
7.1 North America Shark Liver Oil Market Revenues & Volume, 2021 - 2031 |
7.2 North America Shark Liver Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Shark Liver Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Shark Liver Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Shark Liver Oil Market, Revenues & Volume, By Distribution Channels, 2021 - 2031 |
8 Latin America (LATAM) Shark Liver Oil Market, Overview & Analysis |
8.1 Latin America (LATAM) Shark Liver Oil Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Shark Liver Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Shark Liver Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Shark Liver Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Shark Liver Oil Market, Revenues & Volume, By Distribution Channels, 2021 - 2031 |
9 Asia Shark Liver Oil Market, Overview & Analysis |
9.1 Asia Shark Liver Oil Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Shark Liver Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Shark Liver Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Shark Liver Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Shark Liver Oil Market, Revenues & Volume, By Distribution Channels, 2021 - 2031 |
10 Africa Shark Liver Oil Market, Overview & Analysis |
10.1 Africa Shark Liver Oil Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Shark Liver Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Shark Liver Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Shark Liver Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Shark Liver Oil Market, Revenues & Volume, By Distribution Channels, 2021 - 2031 |
11 Europe Shark Liver Oil Market, Overview & Analysis |
11.1 Europe Shark Liver Oil Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Shark Liver Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Shark Liver Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Shark Liver Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Shark Liver Oil Market, Revenues & Volume, By Distribution Channels, 2021 - 2031 |
12 Middle East Shark Liver Oil Market, Overview & Analysis |
12.1 Middle East Shark Liver Oil Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Shark Liver Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Shark Liver Oil Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Shark Liver Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Shark Liver Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Shark Liver Oil Market, Revenues & Volume, By Distribution Channels, 2021 - 2031 |
13 Global Shark Liver Oil Market Key Performance Indicators |
14 Global Shark Liver Oil Market - Export/Import By Countries Assessment |
15 Global Shark Liver Oil Market - Opportunity Assessment |
15.1 Global Shark Liver Oil Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Shark Liver Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Shark Liver Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Shark Liver Oil Market Opportunity Assessment, By Distribution Channels, 2021 & 2031F |
16 Global Shark Liver Oil Market - Competitive Landscape |
16.1 Global Shark Liver Oil Market Revenue Share, By Companies, 2024 |
16.2 Global Shark Liver Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |