Fish Meal Alternative Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Fish meal alternative is an insect-based, plant, and algae feed which has a similar nutritional profile as compared to a fish meal and is increasingly used for poultry, aquaculture, and swine feed. The main benefit or attribute of the fish meal alternative is that it replicates the nutritional constituent of the conventional fish meal without compromising on the added benefit it provides to the animal health. Fish meal alternative is generally produced from plant sources, and also a small share is produced from non- plant sources. Many businesses to shield themselves from risk exposure are switching to fish meal alternatives.

MARKET DYNAMICS

The global fish meal alternative market is to witness growth as the demand for formulated feed is increasing. Insect and bacteria-based fish meal alternative are high in proteins as compared to the conventional fish meal, thus becoming one of the major reasons for the rise in demand for fish meal alternatives. The rising price of raw materials required for producing fish meal and also the limited production ability is driving the manufacturers to shift to producing fish meal alternatives in order to meet the demand for fish meal. Nowadays, consumers are demanding organic poultry products that will again increase the demand for fish meal alternatives.

MARKET SCOPE

The "Global Fish Meal Alternative Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fish meal alternative market with detailed market segmentation by origin, source, application and geography. The global fish meal alternative market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fish meal alternative market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global fish meal alternative market is segmented on the basis of origin, product type and application. On the basis of origin the market is segmented into organic and conventional. On the basis of source the market is segmented into plant, animal and micro-organisms. On the basis of application it can be segmented into animal feed, fertilizers and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the fish meal alternative market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fish meal alternative market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting fish meal alternative market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting fish meal alternative market in these regions.

Fish Meal Alternative Market Report Analysis

Fish Meal Alternative Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Al Dahra ACX
• Alltech
• Angel Yeast Co. Ltd.
• Calysta Inc.
• Cargill Incorporated
• Entofood
• Lallemand S.A.S.
• Midwest Ag Enterprises
• Nutreco N.V

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Origin

• Organic
• Conventional

By Source

• Plant
• Animal
• Micro-organism

By Application

• Animal feed
• Fertilizers

MARKET PLAYERS

The reports cover key developments in the fish meal alternative market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fish meal alternative market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the fish alternative market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fish meal alternative market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   The Archer Daniels Midland Company
  
•   Angel Yeast Co. Ltd.
  
•   Cargill Incorporated
  
•   Calysta Inc.
  
•   Lallemand S.A.S.
  
•   Nutreco N.V
  
•   Alltech
  
•   Al Dahra ACX
  
•   Midwest Ag Enterprises
  
•   Entofood
  

The Insight Partner dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Fish Meal Alternative Market Report Scope