Fishmeal and Fish Oil Market Is Likely to Experience a Tremendous Growth by 2029
Moreover, it is observed that, the production of fish oil has significantly decreased in recent years, owing to the shortage of raw fish. This production shortfall is creating demand-supply gap of fish oil in end-user industries. Therefore, the major end-users such as aquaculture industry, have started investing in a suitable alternative of fish oil. In absence of whole fish, fish oil can be produced from by-product, such as heads, viscera and back-bones as they are very a good source to produce fish oil. These by-products can be further processed into fishmeal and fish oil. Currently, almost 30% of fish oil and fishmeal is produced from by-products and fish waste. Due to shortage of whole fish, the by-product usage for fish oil is expected to increase the fish oil production, which further augments the growth of the fishmeal and fish oil market. However, the industry has to manage many permits from the Ministry of Production and also from the Ministry of Environment.
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· Market number avail2able for - 2022-2029
· Base year- 2022
· Forecast period- 2023-2029
· Segment Covered- by Source and Application
· Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Fishmeal and Fish Oil Market Report Segment
· Salmon & Trout
· Marine Fish
· Others (Tilapias, Eels, Crabs, and Lobsters)
· Others (Equine and Other Marine Species)
A full Report of Fishmeal and Fish Oil Market is Available at: https://www.omrglobal.com/industry-reports/fishmeal-and-fish-oil-market
· United States
· Rest of Europe
· South Korea
· Rest of APAC
Rest of the World
· BASF SE
· Croda International Plc
· FF Skagen
· GC Rieber Oils
· Oceana Group Ltd.
· Omega Protein Corp.
· Royal Dsm NV
· Sürsan A.?
· The Scoular Co.
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