Fish Meal Market Size, Share, Trends, Growth, Sales, Demand, Revenue and Forecast till 2026

According to IMARC Group's latest report, titled "Fish Meal Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global fish meal market grew at a CAGR of around 5% during 2015-2020. Looking forward, IMARC Group expects the market to continue its moderate growth during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Fish meal refers to a high protein feed manufactured by drying, cooking, pressing and milling raw fish or fish trimming. It is primarily made from the organ meat and bones leftover from the high-oil-containing species of fishes such as sardine, anchovy, capelin, and menhaden. Fish meal is widely available in cakes or powdered form and serves as a natural protein source for livestock, aquaculture, and poultry.

Market Trends and Drivers:

The expanding aquaculture sector, coupled with the escalating demand for premium-quality seafood products, is fueling the market for fish meal. It reduces incidences of deformity, enhances immunity, and improves development in aquatic animals. Besides this, the rising awareness about the benefits of these fish-based ingredients helps enhance the quality of animal feed, thereby propelling the market growth. Besides this, the high prevalence of several chronic disorders due to the ill effects of consuming heavy metals, such as lead, mercury, and cadmium, in cultured seafood has further propelled the market growth.

Fish Meal Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the fish meal market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

Austral Group S.A.A
Copeinca
Corpesca S.A. (Empresas Copec S.A)
FF Skagen A/S
Omega Protein Corporation (Cooke Inc)
Pesquera Diamante S.A. (Diamond Fishing)
Pesquera Exalmar S.A.A
Pesquera Hayduk SA
Tasa
TripleNine Group

Key Market Segmentation:

The report has segmented the global fish meal market on the basis of raw material, species, application and region.

Breakup by Raw Material:

Whole Fish
By-Product from Wild Capture
By-Product from Aquaculture

Breakup by Species:

Marine
Anchovy
Sandeel
Menhaden
Sprat
Others
Trimming

Breakup by Application:

Aquaculture
Crustaceans
Salmon and Trout
Marine Fish
Tilapias
Others
Swine
Poultry
Others

Breakup by Region:

Peru
Scandinavia
Denmark
Norway
Iceland
China
Thailand
Chile
United States
Vietnam
Japan
Others

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Key Highlights of the Report:

Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization

About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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This release was published on openPR.