Latin America Krill Oil Supplements Market Size & Outlook
Latin America krill oil supplements market highlights
- The Latin America krill oil supplements market generated a revenue of USD 32.8 million in 2024.
- The market is expected to grow at a CAGR of 8.5% from 2025 to 2030.
- In terms of segment, liquids was the largest revenue generating product in 2024.
- Liquids is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2024 | USD 32.8 million |
| Market revenue in 2030 | USD 53.4 million |
| Growth rate | 8.5% (CAGR from 2025 to 2030) |
| Largest segment | Liquids |
| Fastest growing segment | Liquids |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Liquids |
| Key market players worldwide | Neptune Wellness Solutions Inc, Aker BioMarine, Rimfrost, Reckitt Benckiser Group PLC, NutriGold, Ergomax, NWC Naturals |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.0% of the global krill oil supplements market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 755.5 million by 2030.
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Krill Oil Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| NWC Naturals | View profile | - | San Juan Capistrano, California, United States, North America | https://nwcnaturals.com/ |
| Ergomax | View profile | - | Amersfoort, Utrecht, The Netherlands, Europe | https://www.ergomax.nl/ |
| NutriGold | View profile | 1-10 | Orem, Utah, United States, North America | http://nutrigold.com/ |
| Rimfrost | View profile | 11-50 | Ålesund, More og Romsdal, Norway, Europe | https://www.rimfrostkrill.com/ |
| Aker BioMarine | View profile | 251-500 | Oslo, Oslo, Norway, Europe | http://www.akerbiomarine.com/ |
| Neptune Wellness Solutions Inc | View profile | 71 | 545 Promenade du Centropolis, Suite 100, Laval, QC, Canada, H7T 0A3 | https://www.neptunecorp.com |
| Reckitt Benckiser Group PLC | View profile | 40000 | 103-105 Bath Road, Slough, Berkshire, United Kingdom, SL1 3UH | https://www.reckitt.com |
Latin America krill oil supplements market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to krill oil supplements market will help companies and investors design strategic landscapes.
Liquids was the largest segment with a revenue share of 108.54% in 2024. Horizon Databook has segmented the Latin America krill oil supplements market based on liquids covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for krill oil-based products in Central & South America is driven by countries such as Chile, Argentina, Peru, and Brazil. The countries have invested extensively in trawlers and manufacturing facilities.
Krill oil market in this region is projected to grow rapidly on account of the rising number of new product introductions in industries such as dietary supplement, functional food, pharmaceutical, and fortified food & beverage.
The growing demand for pharmaceutical products, which can be attributed to the rising income levels, on account of the increasing demand for better medication for the aging population is expected to drive the market for krill oil in the region.
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Our clientele includes a mix of krill oil supplements market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America krill oil supplements market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America krill oil supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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