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Asia-Pacific Fishmeal and Fish Oil Market Is Likely to Experience a Tremendous Growth by 2029

06-27-2023 09:02 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Asia-Pacific Fishmeal and Fish Oil Market Is Likely

Asia-Pacific fishmeal and fish oil market is anticipated to grow at a CAGR of 5.1% during the forecast period. The Asia-Pacific fishmeal and fish oil market is the largest owing to the abundance in production of these products. Asia Pacific is the biggest consumer of fish oil across the globe with more than 60% of the global fishmeal and fish oil consumed in the region, particularly in China. Further, Asia-Pacific fish oil market is rapidly driven by aquaculture industry. Fish oil is largely consumed as an aqua feed ingredient in China, Japan and India. In Japan, Omega 3 fish oil is largely consumed in pharmaceuticals and nutraceuticals. Country's eicosapentaenoic acids (EPA) and docosahexaenoic acids (DHA) market has grown significantly over past few years due to growing health concerns among consumers. Government of Japan is also creating awareness for the intake of Omega 3 fatty acid to avoid the risk of cardiovascular diseases which further bolstered the growth of fishmeal and fish oil market.

The Asia-Pacific fishmeal and fish oil market is segmented based on source and application. Based on source, the market is segmented into salmon & trout, crustaceans, marine fish, carps, and others. Based on application, the market is segmented into cattle, poultry, swine, aquaculture, pet, and other. Among application, aquaculture segment is expected to have a major market value share as well as substantial growth rate, during the forecast period. The rising demand for fishmeal and fish oil in aquaculture is attributed to its high production and high protein yield. Therefore, the consumption of fish oil-based feed in aquaculture increases with the growth of the aquaculture industry.

Country-wise, the market is segmented into China, Japan, India, South Korea, and the Rest of Asia-Pacific. China is anticipated to be the largest market for fishmeal and fish oil in the Asia-Pacific. Although, China is not a big producer of fish oil, the country imports various grades of crude fish oil from countries, such as Peru, Chile and Vietnam, and then processed it further to use in various human and animal consumption application.



To Request a Sample of our Report on Asia-Pacific Fishmeal and Fish Oil Market: https://www.omrglobal.com/request-sample/asia-pacific-fishmeal-and-fish-oil-market

Asia-Pacific Fishmeal and Fish Oil Market Report Segment



By Type

Salmon & Trout
Crustaceans
Marine Fish
Carps
Others (Tilapias, Eels, Crabs, and Lobsters)
By Application

Swine
Poultry
Cattle
Aquaculture
Pets
Others (Equine and Other Marine Species)
A full Report of Asia-Pacific Fishmeal and Fish Oil Market is Available at: https://www.omrglobal.com/industry-reports/asia-pacific-fishmeal-and-fish-oil-market

Asia-Pacific Fishmeal and Fish Oil Market Report Segment

China
Japan
India
South Korea
Rest of Asia-Pacific

Company Profiles

BASF SE
Croda International PLC
FF Skagen
GC Rieber Oils
Oceana Group Ltd.
Omega Protein Corp.
Pelagia
Royal DSM
Sürsan A.?
The Scoular Co.
Reasons for Buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asia-pacific-fishmeal-and-fish-oil-market

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https://perualdia.net/analisis-de-la-industria-mundial-del-mercado-de-vehiculos-hibridos-suaves-demanda-futura-y-pronostico-hasta-2029/

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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