Fish Meal Market Size, Share, Price Trends, Top Companies, Growth and Opportunity 2022-2027

The latest report published by IMARC Group, titled "Fish Meal Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on the fish meal market share. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global fish meal market is expected to exhibit a CAGR of 7.6% during 2022-2027.

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Industry Overview and Application:

Fish meal is a dry, nutrient-rich commercial feed that is prepared by pressing, drying, cooking, milling, and crushing the fish flesh trimmings and by-products in machinery. It is primarily produced from small fish species, including capelin, menhaden, sardine, and anchovy, that include high oil and bone content. Fishmeal is a rich source of calcium, phosphorous, amino acids and proteins that maintain the healthy functional immune system, improve feed conversion ratio (FCRs), and enhance nutrient uptake. Consequently, it is mainly used as fertilizers produced for aquaculture species, poultry, and livestock animals to promote their overall growth. Currently, it is widely available in powdered and cake forms.

Market Trends and Drivers:

The growth of the global fish meal market can be attributed to the steady growth in the aquaculture industry and the increasing need for high-quality seafood products. Moreover, the rising need for naturally sourced nitrogen and protein-enriched additives has facilitated the widespread adoption of fish meal in the pharmaceutical and nutraceutical industries to foster instant plant growth. Additionally, the rising health concerns and the escalating meat and dairy production have resulted in the increased demand for high-grade feed additives, such as fish meal, to enhance metabolism and diminish the chances of disease outbreaks amongst livestocks, which is fueling the market growth. Besides this, the prevalence of chronic disorders due to the ingestion of heavy metals present in traditionally cultured seafood and the growing awareness amongst users regarding fish meal benefits are supporting the market growth.

Fish Meal Market 2022-2027 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

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=3517&flag=C

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• 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.

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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.