Fishmeal Market Share, Analysis, and Growth by 2028
Fishmeal Market: Strategic Insights
Fishmeal Market
-
CAGR (2020 - 2028)8.3% -
Market Size 2020
US$ 8.15 Billion -
Market Size 2028
US$ 15.26 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing demand for protein-rich food
- Rising health consciousness
- Growing applications in sports nutrition
- Expanding aquaculture industry
- Rising disposable income
- Increasing demand for functional foods
- Technological advancements in protein extraction and purification
FUTURE TRENDS
- Increased focus on traceability and sustainability
- Advancements in biotechnological processes
- Growing demand for plant-based protein alternatives
- Rising interest in personalized nutrition
- Expanding applications in medical and pharmaceutical fields
- Increasing use of fish protein hydrolysate in sports nutrition products
- Development of innovative delivery systems for fish protein hydrolysate
OPPORTUNITIES
- Emerging markets in Asia-Pacific
- Product innovation and diversification
- Growing demand for natural and organic products
- Increased focus on sustainable sourcing
- Rising demand for personalized nutrition
- Expanding applications in animal feed
- Collaborations and partnerships with industry stakeholders
Key Players
- TripleNine
- The Scoular Company
- FF SKAGEN A S
- Pelagia AS
- Soytex LTD
- Pesquera Diamante S A
- TASA
- Oceana Group Limited
- Omega Protein Corporation
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Source - Salmon and Trout
- Marine Fish
- Crustaceans
- Tilapia
Application - Fertilizers
- Animal Feed
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