Product Code: ETC221125 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Fish Oil Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 2.79% in 2025, growth builds up to 11.61% by 2029.
The Fish Oil market in Thailand is projected to grow at a stable growth rate of 4.47% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Thailand fish oil market is a significant segment of the country`s seafood industry. Fish oil is extracted from various fish species, such as mackerel and tuna, and is known for its high omega-3 fatty acid content, which is beneficial for human health. It is widely used in dietary supplements, animal feed, and the food industry. Thailand, with its abundant fish resources and a well-established processing infrastructure, is a major producer and exporter of fish oil. The market has experienced steady growth due to the increasing consumer awareness of the health benefits associated with omega-3 fatty acids and the expanding global demand for fish oil-based products.
The Thailand Fish Oil market benefits from the country`s extensive coastline and fishing industry. Fish oil is widely recognized for its health benefits, especially its high omega-3 fatty acid content. The increasing awareness of these health benefits, coupled with the growing demand for omega-3 supplements, has driven market growth. Thailand`s position as a major exporter of seafood further supports the fish oil industry.
The Thailand Fish Oil Market faces challenges related to sustainability and overfishing. As the demand for fish oil, rich in omega-3 fatty acids, continues to rise, there is a risk of depleting fish stocks and harming marine ecosystems. Sustainable fishing practices and certification are crucial to address these concerns but can increase production costs. Furthermore, fluctuating fish populations due to climate change and environmental factors can affect the supply chain and pricing. Quality control and maintaining product purity are additional challenges in this market.
The Thailand Fish Oil market experienced both challenges and opportunities during the COVID-19 pandemic. Initially, the market faced supply chain disruptions, affecting the availability of fish oil products. Additionally, the closure of restaurants and reduced consumer spending impacted the demand for fish-based dishes, indirectly affecting the market. However, the health benefits associated with fish oil, including its immune-boosting properties, led to increased consumer interest in dietary supplements containing fish oil. This shift in consumer behavior positively impacted the market, as individuals sought to strengthen their immune systems. Manufacturers and retailers adapted to this trend by promoting fish oil supplements as a health-conscious choice.
In the Thailand Fish Oil market, "Thai Union Group" stands out as a major player. With a strong focus on sustainable fishing practices, they are known for their high-quality fish oil products derived from a variety of fish species. These products are not only sold domestically but also exported to international markets, contributing to Thailand`s reputation as a reliable source of fish oil. Another key player is "Ole Thai Food," which specializes in fish sauce production and has expanded its portfolio to include fish oil products. Both companies play a vital role in meeting the growing demand for fish-derived nutritional supplements and ingredients.
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 Thailand Fish Oil Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Fish Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Fish Oil Market - Industry Life Cycle |
3.4 Thailand Fish Oil Market - Porter's Five Forces |
3.5 Thailand Fish Oil Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Thailand Fish Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Fish Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Fish Oil Market Trends |
6 Thailand Fish Oil Market, By Types |
6.1 Thailand Fish Oil Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Thailand Fish Oil Market Revenues & Volume, By Species, 2021-2031F |
6.1.3 Thailand Fish Oil Market Revenues & Volume, By Anchovy, 2021-2031F |
6.1.4 Thailand Fish Oil Market Revenues & Volume, By Mackerel, 2021-2031F |
6.1.5 Thailand Fish Oil Market Revenues & Volume, By Sardines, 2021-2031F |
6.1.6 Thailand Fish Oil Market Revenues & Volume, By Cod, 2021-2031F |
6.1.7 Thailand Fish Oil Market Revenues & Volume, By Herring, 2021-2031F |
6.1.8 Thailand Fish Oil Market Revenues & Volume, By Menhaden, 2021-2031F |
6.2 Thailand Fish Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Fish Oil Market Revenues & Volume, By Aquaculture, 2021-2031F |
6.2.3 Thailand Fish Oil Market Revenues & Volume, By Animal Nutrition & Pet food, 2021-2031F |
6.2.4 Thailand Fish Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 Thailand Fish Oil Market Revenues & Volume, By Supplements & Functional food, 2021-2031F |
6.2.6 Thailand Fish Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Fish Oil Market Import-Export Trade Statistics |
7.1 Thailand Fish Oil Market Export to Major Countries |
7.2 Thailand Fish Oil Market Imports from Major Countries |
8 Thailand Fish Oil Market Key Performance Indicators |
9 Thailand Fish Oil Market - Opportunity Assessment |
9.1 Thailand Fish Oil Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Thailand Fish Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Fish Oil Market - Competitive Landscape |
10.1 Thailand Fish Oil Market Revenue Share, By Companies, 2024 |
10.2 Thailand Fish Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |