The Latin America fish oil market is projected to grow from USD 765.4 million in 2025 to USD 1,466.6 million by 2035, expanding at a robust CAGR of 6.7%. Surging demand in aquaculture, health supplements, and rising awareness of omega-3 health benefits are driving adoption across Brazil, Mexico, Chile, and Peru. The region's export potential and product diversity further reinforce market momentum.
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Market Trends Highlighted
•    Omega-3 Awareness Driving Demand: Consumers across Latin America are increasingly aware of the cardiovascular, cognitive, and anti-inflammatory benefits of EPA and DHA, propelling demand for fish oil in functional foods and supplements.
•    Booming Aquaculture Industry: Countries like Chile and Peru are expanding fish farming operations, with fish oil playing a critical role in formulating nutrient-dense aquafeeds for sustainable growth.
•    Nutraceutical Expansion in Brazil: Fish oil is rapidly gaining ground in Brazil’s supplement sector, with health-conscious consumers seeking natural ways to support heart and joint health.
•    Diversified Fish Oil Products: A broad range of product formats—liquids, capsules, and fortified foods—are making fish oil more accessible, particularly in Mexico, where marine-based nutrition is already culturally accepted.
•    Salmon Oil Premiumization: Demand for high-purity salmon oil is growing, bolstered by its superior EPA/DHA content and perceived quality, appealing to upscale consumers and wellness-focused diets.
•    Scientific Backing & Medical Endorsement: Clinical studies and increased doctor recommendations are pushing consumers to include fish oil in daily health regimens, reinforcing its role in preventive health strategies.
Key Takeaways of the Report
•    The Latin America fish oil market is forecast to reach USD 1.46 billion by 2035, from USD 765.4 million in 2025, at a CAGR of 6.7%.
•    Aquaculture remains the largest end-use sector, with rising fish feed formulations demanding high-grade fish oil for optimal fish health and growth.
•    Salmon oil products are witnessing the fastest growth, owing to their high omega-3 content and appeal among health-focused consumers.
•    Dietary supplements and functional foods form a growing secondary market, fueled by expanding middle-class awareness and healthcare endorsement.
•    Brazil and Mexico are emerging as key consumer and export markets, leveraging geographic and cultural strengths in both production and consumption.
Regional Market Outlook
Brazil – Rising Star in Fish Oil Export and Consumption
Brazil’s fish oil sector is thriving due to growing consumer awareness of omega-3 benefits and a booming nutraceutical industry. Coupled with its strategic coastal geography, Brazil is becoming a major exporter of high-quality fish oil to North America and Europe. Local companies are scaling up to serve both domestic and international markets, benefitting from favorable trade routes and growing health product demand.
Mexico – Tradition Meets Innovation
Mexico’s rich dietary history involving fish and seafood supports strong consumer receptivity to marine-derived supplements. Fish oil products are widely available in capsules, liquids, and fortified food forms, accommodating varied lifestyles and consumption habits. This accessibility and cultural fit are helping normalize fish oil as a daily functional food across age groups.
Competition Outlook
The Latin America fish oil market is growing increasingly competitive, characterized by regional players expanding operations and global firms entering the market to capitalize on high growth potential.
 The industry is seeing:
•    Tasa (Tecnología Aplicada S.A.),
•    Pesquera Exalmar S.A.A.,
•    Blumar Seafoods S.A., 
•    Industria Peruana de Alimentos S.A. (Inper).