The North American krill oil market is estimated to grow at a CAGR of 10.3% during the forecast period. The growth of the market is attributed to the rising demand of dietary supplements coupled growing life style related diseases in the US and Canada. Additionally, increasing demand for functional foods and beverages is also provide ample opportunity to the krill oil market growth in the region. Furthermore, the North American krill oil market is further classified into product type and application.

Based on the product type, the market is further classified into hardware and capsules, softgels, and liquids. The capsules segment is projected to have a considerable share in the North American market owing to the high application in dietary supplements. Based on the application, the North American krill oil market is further segmented into functional food and beverages, dietary supplements, pharmaceuticals, and others. The pharmaceuticals segment estimated to grow at a considerable CAGR during the forecast. Based on geography, the North American krill oil market is further segregated into the US and Canada. Among, geography, the US projected to have a considerable share in the North American krill oil market.

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Market Coverage

Market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation

North American Krill Oil Market by Product Type

Capsules
Softgels
Liquids
North American Krill Oil Market by Application

Functional food and beverages
Dietary supplements
Pharmaceuticals
Others (Animal feed)
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Regional Analysis

United States
Canada
Company Profiles

Arista Industries Inc.
BASF SE
ConnOils LLC
Coastside Bio Resources
DailyNutra LLC
Douglas Laboratories
Neptune Wellness Solutions Inc.
NutriGold Inc.
NWC Naturals Inc.
Nutracode LLC
Schiff Nutrition International, Inc.
Viva Naturals Inc.
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