Cod liver oil help to control insulin resistance, inflammation, and manage glucose level in blood. It also helps to lower symptoms of complications related to diabetes like kidney disease.
Major factor driving growth of the global market is increasing adoption of cod liver oil from pharmaceutical and food & beverage industries as ingredients in various novel products. In addition, rising consumption of cod liver oil products from diabetic and various health disorder patients is another factor expected to support growth of the target market to certain extent.
The global cod liver oil market report has been segmented on the basis of product type, application, and region.
The product type segment in the global target market is segmented on the basis of oral fluids and oral capsules. The oral capsules segment is expected to contribute significant revenue share in the global market.
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The application segment in the global target market is segmented on the basis of arthritis, cardiovascular disease, respiratory tract infections, diabetes, and others. The cardiovascular disease segment is expected to contribute significant revenue share in the global market.
On the basis of region, the global target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The market in North America is expected to dominate the global market and is expected to continue its dominance over the forecast period. This can be attributed to changing consumption pattern, high patient suffering from heath disorder, and novel product offerings by major players operating in the economies in this region. The markets in Latin America and Middle East & Africa are expected to witness moderate growth over the forecast period.
Kay player operating in the target market include Seven Seas Ltd., LYSI Hf, Nordic Naturals, Inc., Mason Vitamins, Inc., Twinlab Corporation., Country Life, LLC, Vital Pharmaceuticals, Inc., and Garden of Life LLC.
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