Market Forecast By Type (Liquid, Capsules, Tablets, Soft Gels, Powder), By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Pharmacy, Online Store), By Application (Pharmaceuticals, Nutraceutical, Food & Beverage) And Competitive Landscape
Product Code: ETC220164 | Publication Date: Aug 2023 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Cod Liver Oil market currently, in 2023, has witnessed an HHI of 5477, Which has decreased slightly as compared to the HHI of 6805 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | India Cod Liver Oil Market |
Forecast period | 2025-2031 |
CAGR | 12% |
Growing Sector | Pharmaceuticals |
The India Cod Liver Oil Market Report thoroughly covers the market by type, distribution channel, and application. The India Cod Liver Oil Market Outlook report provides an unbiased and detailed analysis of the ongoing India Cod Liver Oil Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
India Cod Liver Oil Market is expected to attain major growth during the forecast period from 2025 to 2031. The rising awareness about the health benefits of cod liver oil among consumers and increasing disposable income are some of the major factors driving the India Cod Liver Oil Market growth.
According to 6Wresearch, India Cod Liver Oil Market size is projected to rise at a CAGR of 12% during 2025-2031. One of the key drivers for the India cod liver oil market is the growing trend of self-care and preventive healthcare measures among consumers. Cod liver oil is known for its rich source of omega-3 fatty acids, vitamins A and D, and anti-inflammatory properties, making it a popular choice for maintaining overall health and well-being. With increasing concerns about maintaining a healthy lifestyle, consumers are turning towards natural and traditional remedies like cod liver oil to supplement their diet and support their immune system.
However, the market also faces challenges that could hinder its growth. One of the major challenges is the availability of alternative sources of omega-3 fatty acids such as fish oil supplements and plant-based sources like flaxseed oil. These alternatives provide similar health benefits at a lower cost, making them a preferred choice for price-sensitive consumers.
The key players in the India cod liver oil market include companies like Seven Seas Ltd., Carlson Laboratories, and Nature's Way Products LLC. These players are focusing on product innovation, partnerships and collaborations to strengthen their market presence and expand their customer base.
The Indian government has also taken initiatives to promote the use of cod liver oil and other traditional remedies for maintaining good health. The Ministry of AYUSH (Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homoeopathy) has launched various campaigns to educate people about the benefits of natural remedies like cod liver oil and encourage their use over pharmaceutical medications.
India cod liver oil market is expected to continue its growth trajectory driven by increasing health awareness and government initiatives promoting traditional remedies. With the entry of new players and product innovation, the market is likely to witness intense competition. However, with its multiple uses and potential for expansion, cod liver oil presents a promising opportunity for both existing and new players in the market.
According to Sumit, Senior Research Analyst, 6Wresearch, supermarkets & hypermarkets is the largest distribution channel for cod liver oil in India. Supermarkets and hypermarkets offer a wide range of health products under one roof, making it convenient for consumers to purchase cod liver oil along with other essentials. Additionally, these stores often offer discounts and promotions, which further encourages consumers to purchase cod liver oil.
The pharmaceutical industry is the largest consumer of cod liver oil in India. This can be attributed to the various health benefits associated with this supplement. Cod liver oil is a rich source of Omega-3 fatty acids, which are essential for maintaining heart health and reducing inflammation.
The report provides a detailed analysis of the following market segments:
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 India Cod Liver Oil Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Cod Liver Oil Market Revenues & Volume, 2021 & 2031F |
3.3 India Cod Liver Oil Market - Industry Life Cycle |
3.4 India Cod Liver Oil Market - Porter's Five Forces |
3.5 India Cod Liver Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Cod Liver Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 India Cod Liver Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Cod Liver Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Cod Liver Oil Market Trends |
6 India Cod Liver Oil Market, By Types |
6.1 India Cod Liver Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Cod Liver Oil Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Cod Liver Oil Market Revenues & Volume, By Liquid, 2021-2031F |
6.1.4 India Cod Liver Oil Market Revenues & Volume, By Capsules, 2021-2031F |
6.1.5 India Cod Liver Oil Market Revenues & Volume, By Tablets, 2021-2031F |
6.1.6 India Cod Liver Oil Market Revenues & Volume, By Soft Gels, 2021-2031F |
6.1.7 India Cod Liver Oil Market Revenues & Volume, By Powder, 2021-2031F |
6.2 India Cod Liver Oil Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 India Cod Liver Oil Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021-2031F |
6.2.3 India Cod Liver Oil Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.4 India Cod Liver Oil Market Revenues & Volume, By Pharmacy, 2021-2031F |
6.2.5 India Cod Liver Oil Market Revenues & Volume, By Online Store, 2021-2031F |
6.3 India Cod Liver Oil Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Cod Liver Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.3 India Cod Liver Oil Market Revenues & Volume, By Nutraceutical, 2021-2031F |
6.3.4 India Cod Liver Oil Market Revenues & Volume, By Food & Beverage, 2021-2031F |
7 India Cod Liver Oil Market Import-Export Trade Statistics |
7.1 India Cod Liver Oil Market Export to Major Countries |
7.2 India Cod Liver Oil Market Imports from Major Countries |
8 India Cod Liver Oil Market Key Performance Indicators |
9 India Cod Liver Oil Market - Opportunity Assessment |
9.1 India Cod Liver Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Cod Liver Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 India Cod Liver Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Cod Liver Oil Market - Competitive Landscape |
10.1 India Cod Liver Oil Market Revenue Share, By Companies, 2024 |
10.2 India Cod Liver Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |