| Product Code: ETC5014315 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Norway`s fish oil import market saw significant growth in 2024, with top exporters including Peru, Oman, Turkey, Morocco, and Metropolitan France. Despite a decrease in the Herfindahl-Hirschman Index (HHI) concentration from very high to high in 2024, the industry remains competitive. The impressive Compound Annual Growth Rate (CAGR) of 26.01% from 2020 to 2024 indicates a thriving market, further supported by a remarkable growth rate of 76.92% from 2023 to 2024. These trends suggest a promising outlook for the fish oil import industry in Norway.

Norway's Fish Oil market is anticipated to experience a growing growth rate of 6.83% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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 Norway Fish Oil Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Fish Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Fish Oil Market - Industry Life Cycle |
3.4 Norway Fish Oil Market - Porter's Five Forces |
3.5 Norway Fish Oil Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Norway Fish Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Norway Fish Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of fish oil consumption |
4.2.2 Growing demand for dietary supplements and functional foods containing fish oil |
4.2.3 Technological advancements in fish oil extraction and processing methods |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials and challenges in sourcing high-quality fish for oil production |
4.3.2 Stringent regulations related to fishing quotas and sustainability practices in the fishing industry |
5 Norway Fish Oil Market Trends |
6 Norway Fish Oil Market Segmentations |
6.1 Norway Fish Oil Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Norway Fish Oil Market Revenues & Volume, By Anchovy, 2021-2031F |
6.1.3 Norway Fish Oil Market Revenues & Volume, By Mackerel, 2021-2031F |
6.1.4 Norway Fish Oil Market Revenues & Volume, By Sardines, 2021-2031F |
6.1.5 Norway Fish Oil Market Revenues & Volume, By Cod, 2021-2031F |
6.1.6 Norway Fish Oil Market Revenues & Volume, By Herring, 2021-2031F |
6.1.7 Norway Fish Oil Market Revenues & Volume, By Menhaden, 2021-2031F |
6.2 Norway Fish Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Norway Fish Oil Market Revenues & Volume, By Aquaculture, 2021-2031F |
6.2.3 Norway Fish Oil Market Revenues & Volume, By Animal Nutrition & Pet food, 2021-2031F |
6.2.4 Norway Fish Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 Norway Fish Oil Market Revenues & Volume, By Supplements & Functional food, 2021-2031F |
6.2.6 Norway Fish Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Norway Fish Oil Market Import-Export Trade Statistics |
7.1 Norway Fish Oil Market Export to Major Countries |
7.2 Norway Fish Oil Market Imports from Major Countries |
8 Norway Fish Oil Market Key Performance Indicators |
8.1 Average daily consumption of fish oil supplements per capita in Norway |
8.2 Number of new product launches containing fish oil in the Norwegian market |
8.3 Percentage of households in Norway purchasing fish oil products regularly |
9 Norway Fish Oil Market - Opportunity Assessment |
9.1 Norway Fish Oil Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Norway Fish Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Norway Fish Oil Market - Competitive Landscape |
10.1 Norway Fish Oil Market Revenue Share, By Companies, 2024 |
10.2 Norway Fish Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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