Fish Protein Market Share, Size Status and Forecast Analysis by 2026

Health Benefits Of Fish Protein Offers A Ray Of Hope For Seafood Industry In The Post-Pandemic World

As the population grows and on-ground natural resources are slowly diminishing, mankind has turned toward the sea for proteins and nutrients. Seafood has been perceived as an important source of protein, especially for human development during embryogenesis. More importantly, fish offer more protein and fewer fats, making them a vital part of diet for health-conscious people.

Fish protein gained traction due to increase in consumption of seafood across the globe and rise in preference for fish meal in animal feed. According to Allied Market Research, the global fish protein market is expected to reach $4.20 billion by 2026, growing at a CAGR of 4.0% from 2019 to 2026. The increasing demand from the pharmaceutical and cosmetic industry and surge in adoption of Fish Protein Hydrolyzed (FPH) collagen in Nutritional cosmetics are the major reason behind the growth of the fish protein industry.

Get detailed COVID-19 impact analysis on the Fish Protein Market: https://www.alliedmarketresearch.com/request-for-customization/6280?reqfor=covid

Fish protein to unlock new health benefits

It is observed that fish proteins help reduce the storage of fat in muscles, improve regulation of sugar, and reduce inflammation in the body. Thus, more and more companies are investing in R&D to explore the benefits of use of fish protein in the health industry. In addition, fish offer much more than just omega-3 fats. Some research suggests that fish protein has a positive effect on obese humans and further study in this area would reveal more secrets and benefits of fish protein to improve overall health.

There are promising shreds of evidence that suggest proteins from fish have a positive metabolic effect. What’s more, the waste material from the fishing industry contains high-quality proteins and its use could offer new ways to develop fish protein concentrate for human consumption. On the other hand, fish-derived peptides are observed to contain bioactive amino acid sequences that could be beneficial to improve body composition, lipid profile, regulate glucose metabolism, and treat hypertension. However, more research in this field is required for conclusive results. So far, fish proteins have shown high content of taurine, which suggested beneficial effects during animal trials. However, funding for such researches has been stopped after the outbreak of COVID-19. The pandemic has affected the fish protein industry in every way.

COVID-19 pandemic and fish protein industry

As the COVID-19 outbreak has reached every corner of the world, several countries have announced unprecedented lockdown to curb the spread of the diseases. Fish and fish products are highly dependent on international trade, which has taken a direct hit after country-wide lockdown and closure of foodservice sectors such as restaurants and hotels. In addition, the lockdown has resulted in logistical issues in the seafood tread, especially due to border restriction and disruption in the supply chain. This affected the fish protein market more than ever. The broken supply chain and unmet supply of fish protein created a shortage of fish protein in aquaculture and cosmetic product production.

Situations such as the COVID-19 pandemic are unprecedented. There are still many uncertainties ahead, especially regarding the duration and severity of the pandemic. Thus, it is quite difficult to say whether the fish protein industry will experience a quick or slow recovery after the pandemic. However, there is a silver lining. The majority of the seafood companies have managed to keep their business afloat during this crisis leveraging digital innovations, and web-based applications, and implementing new services for product traceability and sustainability. This is expected to help emerging companies from the crisis.

This is not the last pandemic. Thus, seafood companies and key players in the fish protein business have invested in searching for news to keep their business profitable despite the emergence of such drastic situations. Private companies, as well as government institutions, are now focused to gather sound data and scientific evidence to make the seafood and related industries safer, affordable, and most importantly, immune to such unforeseen circumstances.

Ray of hope for fish proteins industry

Although the COVID-19 pandemic has affected the seafood industry like never before, there is a glimmer of hope. The pandemic has proved how vital it is to maintain a healthy lifestyle. People have become more health-conscious and taking firm steps to deal with obesity, which might benefit the fish protein market. The adoption of fish proteins as a dietary supplement and demand for fish protein in nutricosmetic would open new opportunities in the future.

As fish proteins hold utmost importance, a major corporation, as well as startups, would invest in fish farming. For instance, Ÿnsect, the world’s largest high-tech bug farm has recently added $224 million equity and debt to commercialize its business. This investment would focus on fish farming and aim to reduce the demand-supply gap of fish protein for food and fertilizers.

Factors such as the drastic climate changes, increasing number of mouths to feed across the globe, and unforeseen challenges such as the COVID-19 pandemic have forced several companies to invest in new ways to produce food with fewer resources and less land. Thus, it is safe to say that fish farming could gain importance in the post-pandemic world to fulfill the ever-increasing demand for fish protein.

Source: https://fishfocus.co.uk/health-benefits-of-fish-protein/

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