Fish oil; medium chain triglycerides; olive oil; soybean oil - Generic Drug Details

What are the generic sources for fish oil; medium chain triglycerides; olive oil; soybean oil and what is the scope of patent protection?

Fish oil; medium chain triglycerides; olive oil; soybean oil is the generic ingredient in one branded drug marketed by Fresenius Kabi Usa and is included in one NDA. Additional information is available in the individual branded drug profile pages.

One supplier is listed for this compound.

Summary for fish oil; medium chain triglycerides; olive oil; soybean oil

US Patents:	0
Tradenames:	1
Applicants:	1
NDAs:	1
Finished Product Suppliers / Packagers:	1
Clinical Trials:	10
DailyMed Link:	fish oil; medium chain triglycerides; olive oil; soybean oil at DailyMed

DrugPatentWatch^® Estimated Loss of Exclusivity (LOE) Date for fish oil; medium chain triglycerides; olive oil; soybean oil

Constraining patent/regulatory exclusivity:

NEW PATIENT POPULATION

Dosage:

EMULSION;INTRAVENOUS

^*The generic entry opportunity date is the latter of the last compound-claiming patent and the last regulatory exclusivity protection. Many factors can influence early or later generic entry. This date is provided as a rough estimate of generic entry potential and should not be used as an independent source.

Recent Clinical Trials for fish oil; medium chain triglycerides; olive oil; soybean oil

Identify potential brand extensions & 505(b)(2) entrants

Sponsor	Phase
Assiut University	N/A
Mayo Clinic	Phase 4
Mansoura University	N/A

See all fish oil; medium chain triglycerides; olive oil; soybean oil clinical trials

Pharmacology for fish oil; medium chain triglycerides; olive oil; soybean oil

Drug Class

Lipid Emulsion

Anatomical Therapeutic Chemical (ATC) Classes for fish oil; medium chain triglycerides; olive oil; soybean oil

A06AG	Enemas
A06A	DRUGS FOR CONSTIPATION
A06	DRUGS FOR CONSTIPATION
A	Alimentary tract and metabolism

US Patents and Regulatory Information for fish oil; medium chain triglycerides; olive oil; soybean oil

Applicant	Tradename	Generic Name	Dosage	NDA	Approval Date	TE	Type	RLD	RS	Patent No.	Patent Expiration	Product	Substance	Delist Req.	Exclusivity Expiration
Fresenius Kabi Usa	SMOFLIPID 20%	fish oil; medium chain triglycerides; olive oil; soybean oil	EMULSION;INTRAVENOUS	207648-004	Aug 10, 2018		RX	Yes	Yes
Fresenius Kabi Usa	SMOFLIPID 20%	fish oil; medium chain triglycerides; olive oil; soybean oil	EMULSION;INTRAVENOUS	207648-001	Jul 13, 2016		RX	Yes	Yes
Fresenius Kabi Usa	SMOFLIPID 20%	fish oil; medium chain triglycerides; olive oil; soybean oil	EMULSION;INTRAVENOUS	207648-003	Jul 13, 2016		RX	Yes	Yes
Fresenius Kabi Usa	SMOFLIPID 20%	fish oil; medium chain triglycerides; olive oil; soybean oil	EMULSION;INTRAVENOUS	207648-002	Jul 13, 2016		RX	Yes	Yes

Fish oil; medium chain triglycerides; olive oil; soybean oil Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory of Fish Oil, Medium-Chain Triglycerides, Olive Oil, and Soybean Oil

Introduction

The markets for fish oil, medium-chain triglycerides (MCTs), olive oil, and soybean oil are driven by various factors, including consumer health trends, regulatory environments, and global supply chain dynamics. Here, we delve into the market dynamics and financial trajectories of these oils to understand their current and future outlook.

Fish Oil Market

Market Size and Growth

The US fish oil market was valued at USD 720 million in 2023 and is expected to grow at a CAGR of 9.5% from 2024 to 2030, reaching nearly USD 1.359 billion by 2030[1].

Key Drivers

• Rising Demand for Dietary Supplements: The increasing awareness of health benefits associated with omega-3 fatty acids, a key component of fish oil, is driving the demand for dietary supplements.
• Health Benefits: Fish oil is known for its cardiovascular health benefits, anti-inflammatory properties, and support for brain health.

Restraints

• Stringent Regulations: Regulatory hurdles and strict quality standards can limit market growth.
• Rising Manufacturing Costs: Increased costs of raw materials and manufacturing processes can impact profit margins.

Leading Players

Companies like DSM Nutritional Products, Croda International plc, and Omega Protein Corporation are prominent players in the US fish oil market[1].

Medium-Chain Triglycerides (MCTs) Market

Market Size and Growth

The global MCTs market is expected to grow from USD 860.54 million in 2023 to USD 1,570.42 million by 2033, at a CAGR of 6.2% during the forecast period[2].

Key Drivers

• Health and Wellness Trends: The adoption of diets like the ketogenic and vegan diets is driving the demand for MCTs.
• Cosmetic Sector: MCTs are increasingly used in the cosmetic industry due to their moisturizing and skin health benefits.

Regional Dominance

• North America: The United States dominates the North American MCTs market, holding over 82.6% of the demand share in 2022[2].

Olive Oil Market

Market Dynamics

The olive oil market is heavily influenced by climatic conditions, global demand, and supply chain disruptions.

Impact of Climate Change

• Harvest Yields: Droughts, heat waves, and wildfires in key producing regions like Spain have significantly reduced olive harvests, leading to higher prices[3].

Price Trends

• Global Supply Shortage: The global dip in olive oil yields has constrained supplies, causing prices to surge. Inflationary pressures have further exacerbated the cost increases[3].

Regional Impact

• Europe and North America: Both regions have seen significant price increases due to reduced production and high demand[3].

Soybean Oil Market

Market Size and Growth

The global soybean oil market is projected to grow to $81.84 billion by 2028 at a CAGR of 7.2% from 2024 to 2028[4].

Key Drivers

• Population Growth and Urbanization: Increasing demand for protein and shifts in dietary patterns are driving the growth of the soybean oil market.
• Biofuel Production: The expansion of biofuel production is another significant factor contributing to market growth[4].

Trends

• Dietary Shifts: Changes in global dietary patterns, particularly the increasing demand for plant-based products, are favoring the soybean oil market.
• Global Trade Dynamics: Emerging markets and shifts in global trade dynamics are also influencing the market[4].

Financial Trajectory

Fish Oil

The financial trajectory of the fish oil market is marked by strong growth, driven by increasing demand for dietary supplements and health products. With a projected CAGR of 9.5%, the market is expected to nearly double by 2030[1].

Medium-Chain Triglycerides

The MCTs market is poised for significant growth, driven by health and wellness trends and the cosmetic sector. The market is expected to grow by over 80% from 2023 to 2033[2].

Olive Oil

The financial trajectory of the olive oil market is volatile due to climatic factors and supply chain disruptions. Despite these challenges, the market remains strong due to high demand, but prices are expected to remain elevated until production normalizes[3].

Soybean Oil

The soybean oil market is expected to see robust growth driven by population growth, urbanization, and shifts in dietary patterns. The market is projected to reach $81.84 billion by 2028, indicating a strong financial outlook[4].

Key Takeaways

• The fish oil market is driven by the rising demand for dietary supplements and is expected to grow significantly.
• MCTs are gaining traction due to their use in health and wellness products and the cosmetic sector.
• Olive oil prices are volatile due to climatic factors but remain in high demand.
• Soybean oil is experiencing strong growth driven by population growth, urbanization, and dietary shifts.

FAQs

What is driving the growth of the fish oil market?

The growth of the fish oil market is primarily driven by the rising demand for dietary supplements and the health benefits associated with omega-3 fatty acids.

How is the MCTs market expected to grow?

The MCTs market is expected to grow from USD 860.54 million in 2023 to USD 1,570.42 million by 2033 at a CAGR of 6.2%, driven by health and wellness trends and the cosmetic sector.

Why are olive oil prices increasing?

Olive oil prices are increasing due to reduced harvest yields caused by climatic conditions such as droughts and heat waves, leading to a global supply shortage.

What factors are driving the growth of the soybean oil market?

The soybean oil market is driven by population growth, urbanization, increasing demand for protein, and shifts in dietary patterns, as well as the expansion of biofuel production.

How do climatic conditions affect the olive oil market?

Climatic conditions such as droughts, heat waves, and wildfires significantly reduce olive harvests, leading to higher prices and supply chain disruptions in the olive oil market.

Sources

1. US Fish Oil Market: Industry Analysis and Forecast (2024-2030) - Stellar Market Research
2. Medium-Chain Triglycerides Market Size, Sales, Share & Trends - Future Market Insights
3. Olive Oil Price Trend and Forecast - Procurement Resource
4. Global Soybean Oil Market Report 2024 - The Business Research Company