Report Ocean has recently published the “Fish Protein Market “ Research Report 2023-2031, offering a comprehensive analysis of the market. This report delves deep into the market dynamics, including key trends, upcoming technologies, drivers, challenges, and regulatory policies. It also features company profiles and strategies of prominent players in the industry. With over 100+ market data tables, pie charts, graphs, and figures, this global market study provides a thorough understanding of the market landscape. It presents a complete assessment, encompassing future trends, current growth factors, informed opinions, factual insights, and industry-validated market data, enabling accurate forecasts until 2031.
Fish protein is a rich food additive, which is a colorless and tasteless powder obtained from whole fish. Three types of fish proteins are available in the market, which include fish protein concentrate, fish protein hydrolysate, and fish protein isolate. Yellowtail amberjack, Tuna, Anchovy, Coho Salmon, Trout, Snapper, Tilapia, Bluefish, Pollock, Grouper, Sardines, Mackerel, Cod, Haddock, Flounder, Perch, and Halibut are various types of fishes from which fish protein is extracted. Fish protein majorly finds its application in animal feed, pharmaceuticals, and cosmetics. The adoption of fish protein has been witnessed to be considerably high in developed countries such as the U.S., Canada, and Germany, while emerging countries such as China, Brazil, and India are catching up quickly.
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The global fish protein market has witnessed significant growth over the years and is expected to grow at a steady pace during the forecasted period. This is attributed to rise in use of fish protein for livestock animals and increase in adoption of fish protein in pharmaceutical industries. In addition, increase in prevalence of diseases among poultry farms fuels the adoption of fish meal in the emerging countries such as China and India. This is attributed to the fact that fish meal contain s72% fish protein and helps to increase the resistance power of poultry birds against various diseases, which helps to increase their life span, thereby boosts the market growth.
However, high cost of fish protein coupled with issues regarding storage and high transportation cost limit the growth of the global market. In addition, rise in hesitance among consumers to purchase sea food and aqua products due to alarming increase in water pollution restricts the growth of the global market. Conversely, surge in demand for trendy cosmetics such as nutricosmetics, which contain fish protein and rise in popularity of fish protein among youth are anticipated to provide lucrative growth opportunities for the fish protein market.
The global fish protein market is segmented into type, application, and region. On the basis of type, the market is segregated into fish protein concentrate (FPC), fish protein hydrolysate (FPH), and fish protein isolate (FPI). By application, it is fragmented into animal feed, pharmaceuticals, and cosmetic. Region wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
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KEY BENEFITS FOR STAKEHOLDERS
– The report provides a quantitative analysis of the current fish protein market trends, estimations, and dynamics of the market size from 2019 to 2026 to identify the prevailing opportunities.
– Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
– In-depth analysis and the fish protein market size and segmentation assists to determine the prevailing opportunities.
– The major countries in each region are mapped according to their revenue contribution to the global fish protein market.
– The market player positioning facilitates benchmarking and provides a clear understanding of the present position of the players in the industry.
The key players profiled in thereport include Aroma NZ, Bevenovo Co., Limited, BioOregon Protein, Mukka Seafood Industries, New Alliance Dye Chem Pvt. Ltd, Nutrifish, Qingdao Future Group, Scanbio Marine Group, and Taian Health Chemical Co., Ltd. The other players operating in the global fish protein market are AACL Bioflux, Colpex International, Janatha Fish Meal & Oil Products, Omega Protein, Peterlabs Holdings, Shenzhen Taier, and Siam Industries International.
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KEY MARKET SEGMENTATION
– By Type
– Fish Protein Concentrate (FPC)
– Fish Protein Hydrolysate (FPH)
– Fish Protein Isolate (FPI)
– By Application
– Animal Feed
– Pharmaceuticals
– Cosmetics
– By Region
– North America
o U.S.
o Canada
o Mexico
– Europe
o Spain
o Germany
o France
o UK
o Italy
o Rest of Europe
– Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Rest of Asia-Pacific
– LAMEA
o Brazil
o South Africa
o Saudi Arabia
o Rest of LAMEA
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Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
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Key Questions Market Research and Analysis Report
- What is the current market size, both in terms of value and volume?
- What is the historical growth rate of the market, and what are the projected growth rates for the future?
- Who are the major players in the market, and what is their market share?
- What are the market trends and dynamics influencing the industry?
- What are the key drivers of market growth?
- What are the challenges and barriers faced by market participants?
- What are the emerging opportunities in the market?
- What is the competitive landscape of the market?
- What are the consumer preferences, behaviors, and buying patterns within the market?
- What is the market segmentation, and how are different market segments performing?
- What are the pricing trends and strategies in the market?
- What are the distribution channels and their effectiveness in reaching the target audience?
- What are the regulatory and legal factors impacting the market?
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