Fishmeal Market progress rapidly due to growing demand for fish-based animal feed | Triplenine Group A/S, Oceana Group Limited S.A, Ff Skagen A/S

New York, Global Fishmeal Market report from Global Insight Services is the single authoritative source of intelligence on Fishmeal Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Fishmeal is a powder made from grinding up whole fish. It is a high-protein feed ingredient used in aquaculture and animal feed. Fishmeal is made by cooking, grinding, and pressing whole fish to extract the oil and protein. The resulting meal is a high-protein, high-fat product that is rich in vitamins and minerals. Fishmeal is used as a protein source in animal feeds, aquaculture feeds, and pet foods. It is also used as a fertilizer.

Key Trends

The key trends in fishmeal technology are:

1. Increasing efficiency in fishmeal production:

The efficiency of fishmeal production has been increasing in recent years, due to advances in technology and the increasing use of by-products from fish processing.

2. Use of alternative sources of fishmeal:

With the increasing cost of fishmeal and the decreasing availability of fish stocks, there is a growing interest in using alternative sources of fishmeal. These include by-products from fish processing, such as fish heads and guts, as well as other sources such as algae and insects.

3. Development of new products and applications:

The development of new products and applications for fishmeal is an important trend in the industry. This includes the development of fishmeal-based feeds for pets and livestock, as well as new uses for fishmeal in the pharmaceutical and cosmetics industries.

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Key Drivers

The key drivers of the fishmeal market include the growing demand for fish-based animal feed, the increasing demand for aquaculture, and the favorable government policies and regulations related to the fishmeal industry.

The demand for fishmeal is driven by the growing demand for fish-based animal feed.

The demand for fish-based animal feed is driven by the growing demand for meat, poultry, and eggs. The demand for meat, poultry, and eggs is driven by the growing population and the changing dietary habits of people.

The demand for aquaculture is driven by the need to meet the growing demand for fish. Aquaculture is an important source of fish for human consumption and is also an important source of fish for the animal feed industry.

The demand for fishmeal is also driven by favorable government policies and regulations related to the fishmeal industry.

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Market Segments

The fishmeal market is segmented by application, end-user, and region. By application, the market is classified into fertilizers, and animal feed. Based on the end-user, it is bifurcated into swine, poultry, aquaculture, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.

Key Players

The global fishmeal market includes players such as Triplenine Group A/S, Oceana Group Limited S.A, Ff Skagen A/S, Biomega AS, Sarma Fish S.A.R.L, Aker BioMarine Antarctic AS, Omega Protein Corporation, Calysta Inc, Novus International Inc, Alpha Atlantique, and others.

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