How did I not know before now that there was a market for squid oil?
The squid oil market has experienced robust growth in recent years, expanding from $4.56 billion in 2023 to $4.94 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to global market growth, alternative to fish oil, cosmetics and skincare industry, sustainability practices, regulatory influence.
Sidebar photo of Bruce Schneier by Joe MacInnis.
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