Top 10 krill export companies in Norway

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Written by Robert Gultig

27 April 2025

Introduction

Norway is a major player in the global krill export industry, with a number of companies leading the way in harvesting and exporting this valuable resource. In this report, we will take a closer look at the top 10 krill export companies in Norway, highlighting their financial performance, market share, and industry insights.

1. Aker BioMarine

Aker BioMarine is one of the largest krill fishing companies in the world and a key player in the Norwegian krill export industry. The company has a strong presence in the Antarctic waters, where it harvests krill sustainably for use in various products such as omega-3 supplements. Aker BioMarine’s annual revenue is estimated to be around $500 million, making it a significant player in the market.

Financial Data:

– Annual Revenue: $500 million
– Market Share: 30%

2. Rimfrost

Rimfrost is another major player in the Norwegian krill export industry, known for its sustainable fishing practices and high-quality products. The company has seen steady growth in recent years, with an annual revenue of approximately $200 million. Rimfrost’s products are popular in the health and wellness sector, thanks to their rich omega-3 content.

Financial Data:

– Annual Revenue: $200 million
– Market Share: 15%

3. Olympic Seafood

Olympic Seafood is a well-established krill export company in Norway, with a focus on high-quality products and sustainable fishing practices. The company’s annual revenue is estimated to be around $150 million, with a market share of 10%. Olympic Seafood’s products are widely used in the food and beverage industry, thanks to their nutritional benefits.

Financial Data:

– Annual Revenue: $150 million
– Market Share: 10%

4. Austevoll Seafood

Austevoll Seafood is a diversified seafood company with a significant presence in the krill export market. The company’s annual revenue is around $100 million, with a market share of 7%. Austevoll Seafood is known for its high-quality products and commitment to sustainability, making it a preferred choice among consumers.

Financial Data:

– Annual Revenue: $100 million
– Market Share: 7%

5. Sirena Group

Sirena Group is a leading krill export company in Norway, with a focus on innovative products and sustainable fishing practices. The company’s annual revenue is estimated to be around $80 million, with a market share of 5%. Sirena Group’s products are popular in the pharmaceutical and nutraceutical industries, thanks to their high nutritional value.

Financial Data:

– Annual Revenue: $80 million
– Market Share: 5%

6. Lysaker Fish

Lysaker Fish is a well-known krill export company in Norway, with a strong presence in the global market. The company’s annual revenue is around $70 million, with a market share of 4%. Lysaker Fish is renowned for its sustainable fishing practices and high-quality products, making it a preferred choice among consumers.

Financial Data:

– Annual Revenue: $70 million
– Market Share: 4%

7. Hofseth BioCare

Hofseth BioCare is a leading krill export company in Norway, specializing in high-quality products for the health and wellness sector. The company’s annual revenue is estimated to be around $60 million, with a market share of 3%. Hofseth BioCare’s products are popular among consumers looking for natural and sustainable supplements.

Financial Data:

– Annual Revenue: $60 million
– Market Share: 3%

8. Insula AS

Insula AS is a prominent krill export company in Norway, known for its innovative products and commitment to sustainability. The company’s annual revenue is around $50 million, with a market share of 3%. Insula AS’s products are widely used in the food and beverage industry, thanks to their nutritional benefits.

Financial Data:

– Annual Revenue: $50 million
– Market Share: 3%

9. Nergård AS

NergÃ¥rd AS is a well-established krill export company in Norway, with a focus on high-quality products and sustainable fishing practices. The company’s annual revenue is estimated to be around $40 million, with a market share of 2%. NergÃ¥rd AS’s products are popular in the health and wellness sector, thanks to their rich omega-3 content.

Financial Data:

– Annual Revenue: $40 million
– Market Share: 2%

10. Eidsvaag AS

Eidsvaag AS is a leading krill export company in Norway, with a strong presence in the global market. The company’s annual revenue is estimated to be around $30 million, with a market share of 2%. Eidsvaag AS is renowned for its sustainable fishing practices and high-quality products, making it a preferred choice among consumers.

Financial Data:

– Annual Revenue: $30 million
– Market Share: 2%

Conclusion

In conclusion, the Norwegian krill export industry is dominated by a few key players who have established themselves as leaders in the market. These companies have demonstrated strong financial performance, commitment to sustainability, and a focus on high-quality products, making them preferred choices among consumers worldwide. As the demand for krill continues to grow, these companies are well-positioned to capitalize on the opportunities in the global market.

Related Analysis: View Previous Industry Report

Author: Robert Gultig in conjunction with ESS Research Team

Robert Gultig is a veteran Managing Director and International Trade Consultant with over 20 years of experience in global trading and market research. Robert leverages his deep industry knowledge and strategic marketing background (BBA) to provide authoritative market insights in conjunction with the ESS Research Team. If you would like to contribute articles or insights, please join our team by emailing support@essfeed.com.
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