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Fish Powder Market Outlook 2020- Insights, Growth Analysis, Future Trends, Forecasts To 2026

03-24-2021 01:34 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Fish Powder Market

Fish Powder Market

Fish powder is obtained by drying and grinding a fish or by removing water and oil from fish. Fish powder is also known by fish meal. Fish powder has diversified range of applications in formulating feed for farmed fish, pigs, dogs, cattle, and poultry. Fish powder is an essential nutrient for animal feed as it contains amino acids, protein, fatty acids and other minerals. Fish powder can be made by any seafood but it is generally made from wild-caught small marine fish that consists of a high percentage of oil and bones. Certain species of oil fishy such as herring, menhaden, anchovy and pilchard are the main element of fish meal.

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The global fish powder market is driven by increasing investment for various fish species such as sand eel, anchovy, capelin, pilchard, horse mackerel and menhaden for the production of fish powder will going to enhance sales. Furthermore, fish powder contains the protein content which is suitable for human consumption together with its active concentration of mineral content. Moreover, the fish powder can be applied as a functional ingredient which makes it suitable as a ready to eat meal. Introduction and rapid expansion of quick service restaurants (QSRs) have further bolstered demand for fish powder in developing as well as developed regions. Furthermore, raising number of non-vegetarian globally is also enhancing demand for fishmeal for rapid expansion of the aquaculture industry. Moreover, easy availability of fish powder in various platforms ranging from modern trade to online sales channel have resulted in expansion of global fish powder market. Further, availability of fish powder on e-commerce platforms have resulted in convenience to buy goods without any physical constraint to the consumers.

The global fish powder market is segmented by application, swine, poultry, aquaculture and others. Based on region, market is categorized across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS
• This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global fish powder market from 2018 to 2026 to identify the prevailing market opportunities.
• The key countries in all the major regions are mapped based on their market share.
• Porter’s five forces analysis highlights the potency of the buyers and the suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
• In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global fish powder market, key players, market segments, application areas, and growth strategies.

Some of the key players operating in the fish powder market include Daybrook Fisheries, Omega Protein Corporation, Rongcheng Blue Ocean Marine Bio, Alaska Seafood, Pelagia AS, United Fish Meal FZC, Seagarden AS, K-Pro U.S, LP and Calysta, Inc.

Explore Detailed Insights PDF: https://www.alliedmarketresearch.com/fish-powder-market

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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