What’s driving the Fish protein hydrolysate market trends? Natural Factors, Omega Protein, Diana Pet Food, Symrise AG, WEISHARDT, Hofseth BioCare ASA
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Fish protein hydrolysate market with respect to autolytic hydrolysis technology expects consumption at around 7.5 kilo tons up to 2024 pertaining to rising costs of enzymes required for hydrolysis. This process uses the natural enzymes present in aquaculture waste which eliminates enzyme costs. It increases the quantity of small peptides and free amino acids in the end product which is predicted to further boost product adoption.
High nutritional value of fish protein hydrolytes in animal feed enhances the overall livestock metabolism & health. Growing awareness about the toxic effects of chemical fertilizers along with the increasing demand for healthy & safe animal feed will propel fish protein hydrolysates market. Global fertilizer market is estimated to surpass USD 1.85 billion by 2020 pertaining to the rising demand for biofertilizers, which represents ample growth opportunities. The product has been considered as a significant feed ingredient as it has a rich content of collagen and peptides which increases the growth rate of swine, poultry, goat, equine, and sheep thereby stimulating industry demand.
Rising awareness about the toxic effects of chemical fertilizers along with the growing demand for healthy & safe animal feed will propel fish protein hydrolysates market growth. These products serve as a feed for various livestock species on account of their high nutritional and protein content in a highly digestible format with a good amino acid profile. These products undergo a slow breakdown in the soil, ensuring that they provide nitrogen compounds to plants for a longer duration and stimulating the growth of beneficial microbes & fungi, which will nourish plants and stimulate market growth. Fish Protein Hydrolysate Market is set to surpass USD 525 million by 2024.
Companies Profiled based on Business Overview, Financial Data, Product Landscape, Strategic Outlook & SWOT Analysis:
• Green Earth Industries
• Neptunes Harvest
• soc pesquera landes sociedad anonima
• Bluewave Marine Ingredients
• TripleNine Group
• Symrise AG
• Hofseth BioCare ASA
• Omega Protein
• Natural Factors
U.S. fish protein hydrolysate market with respect to enzymatic hydrolysis should register over 5% gains by 2024. This technique prevents the generation of high salt content in downstream operations, which maintains product quality. Enzymatic hydrolysis also yields nutritional fish protein hydrolysate which offers bioactive peptides for the treatment of diseases, making it suitable for animal nutrition and pharmaceutical industries, further stimulating market growth.
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Germany market demand from sports nutrition applications should register over 6.5% gains in the predicted timeframe. The country is witnessing growing health awareness among consumers and sports activities for weight management. These products consist of shorter di and tripeptides which are more efficient in building skeletal muscle as compared to whole proteins, which is likely to further boost market growth.
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