The fish protein isolates market was valued at US$ 1,187.04 million in 2022; registering at a CAGR of 4.4% from 2022 to 2028, according to a new research study conducted by The Insight Partners.
Increasing Demand for High-Protein Food Products to Drive Fish Protein Isolates Market Growth during 2022–2028
Fish protein isolate is produced by solubilizing fish protein in alkaline conditions and isoelectric precipitation to produce fish protein isolate with functional properties. Based on form, Based on form, the fish protein isolates market is bifurcated into powder and liquid. The powder segment held a larger share of the fish protein isolates market in 2021 and is expected to register a higher CAGR from 2022 to 2028. The growth in the segment is attributed to various benefits offered by the powder form, including storage stability, easy transportation, and no requirement for special storage conditions.
Fish Protein Isolates Market Breakdown – by Region
Fish Protein Isolates Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Form (Powder and Liquid) and Application (Pharmaceuticals & Nutraceuticals, Food & Beverages, Personal Care, and Animal Nutrition)
Fish Protein Isolates Market Share, Size | Industry Report 2028
Download Free Sample
The demand for protein-rich food products is increasing in the global food & beverages industry, owing to the increasing number of health-conscious consumers, rising disposable income, and growing consumer awareness. The consumption of fish protein isolates offers various health benefits, including a healthy heart and brain. Omega-3 fats have been shown to help prevent heart disease and stroke; they can help control lupus, eczema, and rheumatoid arthritis and also play a vital role in the prevention of cancer and other conditions. The increasing demand for functional foods, nutritionally enhanced with omega-3 fatty acids, reduced sodium, and high protein content, is likely to fuel the fish protein isolate market growth.
The rising working population, coupled with tremendous work pressure and hectic lifestyle, is another major factor that is boosting the demand for convenience food products with high protein content to maintain a nutritional and balanced diet. Hence, this factor is contributing to the growth of the fish protein isolates market. Fish protein isolates contain many essential vitamins, proteins, and other essential amino acids, which encourages its application in the food & beverages industry. Thus, the surge in demand for protein-rich food products among consumers is increasing the need for fish protein isolates, which is driving the fish protein isolates market.
Advance International Inc, Bio-marine Ingredients Ireland Ltd, PeterLabs Holdings Sdn Bhd, Hofseth BioCare ASA, Sopropeche SA, Copalis Industry SAS, and Biomega Group AS are a few key players operating in the global fish protein isolates market. These companies have a diverse geographic presence and offer an extensive product portfolio to cater to different consumer trends emerging in the fish protein isolates market.
Impact of COVID-19 Pandemic on Fish Protein Isolates Market
Before the onset of the COVID-19 outbreak, the fish protein isolates market was mainly driven by the rising demand for protein-rich ingredients from the food processing & pharmaceutical industries. However, in 2020, various industries had to slow down their operations due to disruptions in value chains caused by the shutdown of national and international boundaries. Due to the COVID-19 pandemic, restrictions were imposed by government authorities in various countries that interrupted manufacturing processes and the supply chain of key raw materials. However, in 2021, economies gradually resumed their operations, propelling the global marketplace. Moreover, manufacturers were permitted to operate at full capacity, which helped them consolidate their efforts toward bridging the gap between demand and supply. With the success of vaccination drives, the manufacturers started to increase their production.
Economies resumed their operations gradually in 2021, propelling the global marketplace. Moreover, manufacturers were permitted to operate at full capacity, which helped them consolidate their efforts toward bridging the gap between demand and supply. Once the vaccination drives were completed, the manufacturers started to increase their production.
The report segments the fish protein isolates market as follows:
Based on form, the fish protein isolates market is bifurcated into powder and liquid. Based on application, the market is segmented into pharmaceuticals and nutraceuticals, food and beverages, personal care, and animal nutrition. Based on geography, the fish protein isolates market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America.
Contact Us
Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com