Fish Protein Hydrolysate Market is Anticipated to Grow at a CAGR of 4.30% to Reach USD 342.00 million by 2029

The fish protein hydrolysate market was growing at a value of USD 244.2 million in 2021 and is expected to reach the value of USD 342.00 million by 2029, at a CAGR of 4.30% during the forecast period of 2022 to 2029.

When compared to other animals and plants, fish is a better source of protein. In the beginning, fish protein hydrolysate was only used in animal feed. However, as more people become aware of the high protein content of fish, it has become widely used in various industries. Fish protein hydrolysate is now used in various products, including food and beverages, medicines, nutraceuticals, cosmetics, pet food, and animal and poultry feed. The protein found in fish varies depending on the species.

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Some of the major players operating in the fish protein hydrolysate market are:

Hofseth BioCare ASA (Norway)
Diana Group S.r.l (Brittany)
Bio-marine Ingredients Ireland (Ireland)
Copalis (France)
Janatha Fish Meal & Oil Products (India)
Scanbio Marine Group AS (Norway)
Sopropêche (France)

Global Fish Protein Hydrolysate Market Scope

Form

Liquid
Paste
Powder

Source

Codfish
Tuna
Crustacean
Sardine
Tilapia
Other

Technology

Enzymatic Hydrolysis
Autolytic Hydrolysis
Acid Hydrolysis

Application

Food
Cosmetics
Pharmaceutical
Agriculture

Distribution channel

Direct
Indirect

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