The global mussel oil market size is expected to reach USD 82.2 million by 2030, registering a CAGR of 5.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. Mussel oil, derived from green-lipped mussels, is a rich source of protein, omega-3 fatty acids, selenium, iron, vitamin B12, iodine, magnesium, and calcium and has low fat contents.
It acts as a pain relief, which helps sooth and restore inflamed joints and muscular tissues and relieve various bone diseases, such as rheumatoid arthritis, osteoarthritis, fibromyalgia, and lupus. Moreover, as per recent developments, it has shown positive effects in the treatment of asthma, cancer, and ADHD disorder in teenagers and children. All these factors are projected to fuel the product demand over the forecast period.
Europe is expected to be the fastest-growing regional market from 2019 to 2025 on account of growing aquaculture activities and seafood consumption. Increasing trade in European countries positioning France as the largest importer of mussels is expected to boost the product demand further. On the other hand, Asia Pacific is estimated to account for the largest share of the global market by 2025.
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Dietary supplements dominated the market and accounted for the largest revenue share of 34.8% in 2023 attributed to an increasing awareness of health and wellness among consumers.
Pharmaceutical grade led the market and accounted for the largest revenue share of 56.7% in 2023 driven by an increasing consumer focus on health and wellness.
Super/hypermarket led the market and accounted for the largest revenue share of 32.9% in 2023 attributed to increasing consumer awareness of the health benefits associated with mussel oil.
The North America mussel oil market dominated the global market and accounted for the largest revenue share of 34.5% in 2023 attributed to increasing consumer awareness regarding the health benefits associated with mussel oil, particularly its anti-inflammatory properties.
Grand View Research has segmented the global mussel oil market report based on grade, application, distribution channel, and region:
Mussel Oil Grade Outlook (Revenue, USD Million, 2018 - 2030)
Food Grade
Cosmetic Grade
Pharmaceutical Grade
Mussel Oil Application Outlook (Revenue, USD Million, 2018 - 2030)
Processed Food
Beauty & Cosmetics
Biopharmaceuticals
Dietary Supplements
Pet Food & Veterinary
Mussel Oil Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
Super/Hypermarket
Pharmacy
E-commerce
Retail Stores
Mussel Oil Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Asia Pacific
China
Japan
India
Australia
South Korea
Latin America
Brazil
Middle East and Africa (MEA)
South Africa
List of Key Players in the Mussel Oil Market
Waitaki Bio
Aroma NZ Ltd
Nature's Range
Great HealthWorks
Blackmores
BioMer Limited
Lovely Health Ltd.
MOXXOR LLC
Henry Blooms Health Products
Xtend-Life
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