Fishmeal Market 2018 Exclusive Analysis by Renowned Players | The Scoular Company Oceana Group Limited FMC Corporation, Omega Protein Corporation and Croda International Plc. Etc.

Market Definition:
Fishmeal is a rich source of animal protein, vitamins, minerals, and other growth factors. They are added to feed as a supplement to enhance the feed performance. Fishmeal market is observing an exponential growth based on its high usage in the aquaculture industry. Additionally, increasing demand for protein-rich animal feed and increasing awareness regarding livestock health among the livestock holder is driving the growth of global fishmeal market.

The developed economies of the European region is experiencing a high demand for feed additives such as fishmeal owing to high demand for protein & vitamin-rich feed. Additionally, growing awareness regarding available health benefits to animals from fishmeal is pushing the market growth in a positive direction.

Market Scenario:
The global fishmeal market is increasing due to increase in seafood consumption. Furthermore, improved processing methods and development of high-end technologies has supported the market growth in a positive direction. The market players have enough opportunity to come up with new and improved products, which has boosted the share of fishmeal in the global market. Nevertheless, all these factors are projected to contribute to the estimated CAGR of 7.8% of the fishmeal market during the forecast period, 2017-2023.



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Leading Key Players:
Some of the key players profiled in the global fishmeal market: Aker Biomarine Antarctic AS (Norway), , Empresas Copec S.A. (Chile), Biomega AS (Norway), Croda International Plc. (U.K), Pioneer Fishing (Pty) Ltd. (South Africa), Omega Protein Corporation (U.S.), Calysta, Inc. (U.S.), The Scoular Company (U.S.), and Oceana Group Limited (South Africa)FMC Corporation (U.S.)

Segments:
The global fishmeal market is segmented into source and livestock.

On the basis of the type, it is segmented into salmon, trout, carps, crustaceans, tilapias, and others. Among all the types, the salmon segment is dominating the market followed by the trout owing to the presence of high amount of proteins and vitamins, and its higher use in the feed products for high nutrition attributes.

On the basis of the livestock, it is segmented into poultry, swine, ruminants, aquatic, and others. Among all, the aquatic segment is dominating the market based on increased consumption of marine products globally. However, the poultry segment is likely to observe steady growth over the forecast period owing to increase in demand for meat and meat products.

Regional Analysis:
The Global Fishmeal Market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The Asia Pacific region is dominating the fishmeal market followed by North America. Growing health awareness towards livestock animals and uplifted consumption of aquatic animals have surged the demand for fishmeal. Moreover, increased demand for improved quality animal feed is driving the market of fishmeal in the Asia Pacific region.

Furthermore, the U.K dominates the European fishmeal market. Increased demand for seafood in the European region is likely to boost the fishmeal market over the forecast period. Additionally, the major key players are actively involved in the research & development to enhance the efficiency of animal feed.

The global fishmeal market is segmented into the following regions

North America
The U.S.
Canada
Mexico
Europe

Germany
France
Italy
Spain
K
Rest of Europe

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Asia Pacific
China
India
Australia
Japan
Rest of Asia Pacific
Rest of the world

Brazil
Argentina
South Africa
Others

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