The market for mussels, oil, and powder was valued at USD 159.70 million in 2022. It is projected to grow at a compound annual growth rate (CAGR) of 5.3% between 2023 and 2033, reaching USD 341.15 million by the conclusion of the study period. Mussel oil is the oil that is produced from mussels, which are a type of seaweed that is mostly found in New Zealand’s coastal waters. Perfect New Zealand streams are home to a special variety of subarctic plankton fish, which are rich in cell reinforcements meant to protect against high levels of intense radiation.
The development of anti-inflammatory chemicals by tiny fish grown in hydroponic systems has been hindered by ozone holes above New Zealand. When the mussels consume the plankton, they absorb these defense mechanisms and develop a capacity for these remarkable unsaturated fats. Growing interest in biopharmaceuticals for mussel oil and powder is one of the main factors propelling the company. The product relieves a few medical conditions, including rheumatoid arthritis pain, osteoarthritis, asthma, inflammatory gastrointestinal illnesses, and attention deficit hyperactivity disorder (ADHD) in children. The health benefits of mussel oil and powder, such as improved lung capacity, bone strength, and cardiovascular health, stimulate consumer interest in these dietary supplements. They also possess capabilities of cell reinforcement. It is anticipated that increased industry growth would result from consumers’ growing reliance on online entertainment platforms as a significant platform to evaluate a product’s benefits.
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Market Segmentation
By Regional Scope
- North America
- Europe
- APAC
- South America
- Middle East
- Africa
Key Company
- Waitaki Bio
- Blackmores
- Aroma NA
- Nature’s Range
- Bio-Mer NZ
- Moxxor LLC
- EFS Holland
- MacLab
- Lintbells Inc.
- Henry Blooms Health Products
- Lovely Health Ltd.
- Xtend-Life
- E.F.S.-Holland
- Enzaq Aquaculture Ltd.
- MacLab
- Lintbells Ltd.
Scope of the Report
This study provides information and forecasts for the mussel oil and powder market for the past, present, and future. An extensive research approach was used to establish the market estimations that are included in the study. Multiple research channels are used in the accepted research approach, including primary, secondary, and subject-related expert input. The Seasonal Affective Disorder Market is estimated by taking into account the impact of many economic, social, and political aspects in addition to the present market dynamics. The market data is also defined by different laws, government expenditures, and the expansion of research and development. The market projections take into account both favorable and unfavorable changes in the market.
Application Insights
In the market for mussels and powder, the dietary supplements category held the largest market share due to the rising demand from consumers for natural and organic supplements that support overall health and well-being. Omega-3 fatty acids, chondroitin, glucosamine, and other nutrients that support immune system function, decrease inflammation, and preserve joint health may be found in abundance in mussel oil and powder. The market for supplements containing mussel oil and powder is also being driven by the rising incidence of chronic illnesses including osteoporosis, arthritis, and cardiovascular disorders as a preventative precaution.
Regional Insights
The Global Mussel Oil and Powder Market is segmented into five geographic regions: North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. With a revenue share of over 20% in 2020, Asia Pacific is expected to grow at the highest rate throughout the estimated period. This is attributed to the green-lipped mussel (Perna Viridis), which is native to the region and is largely taken from the seas around Asia Pacific beaches.
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