Press release
Fishmeal Market to reach USD 16.93 Bn by 2029, emerging at a CAGR of 8.6 percent and forecast 2023-2029
Fishmeal Market
The scope of the Fishmeal market is expansive, driven by its multifaceted applications across various industries. Fishmeal, primarily derived from fish byproducts, finds widespread use in livestock and aquaculture due to its rich content of essential amino acids, proteins, fatty acids, and minerals. Its versatility extends to serving as a valuable fertilizer, promoting rapid plant growth. Moreover, the escalating demand for protein additives in animal feed further amplifies its significance in the global market.
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Fishmeal Market Research Methodology
The report employs a comprehensive research methodology to analyze the Global Fishmeal Market. It includes an in-depth analysis of market segments, past and current industry status, and forecasted market trends. The report examines key players in the market, including market leaders, followers, and new entrants. It also incorporates analytical frameworks like PORTER, SVOR, and PESTEL to assess the market's macro-economic factors.
What are Fishmeal Market Dynamics:
The market dynamics are characterized by several factors propelling growth. The nutritional benefits of fishmeal for aquatic animals, including enhanced disease immunity, improved growth and survival rates, and reduced deformities, are driving the expansion of the aquaculture industry worldwide. This surge in aquaculture activities, coupled with increasing demand from key countries like Peru, China, Thailand, Vietnam, and the US, underscores the promising future of the fishmeal market.
Fishmeal Market Regional Insights:
In terms of regional analysis, the Asia-Pacific region is expected to hold the largest market share in the global fishmeal market by 2029. This growth is attributed to increasing livestock raising activities and the commercialization of aquaculture in countries such as India, Indonesia, Thailand, Vietnam, and Japan.
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What is Fishmeal Market Segmentation:
by Source
• Salmon & Trout
• Marine Fish
• Carps
• Crustaceans
• Tilapia
• Others
Salmon is a common source of fishmeal, thus salmon and trout farms have extended their salmon production to satisfy rising consumer demand. Additionally, the fish and seafood industry is in a strong developmental stage. Major market players, government fisheries, and small inter- and intra-regional fishing farms work together to produce a great demand loop on the market for aquatic feed additives. Similar to this, growing consumer demand for a variety of health supplements for both children and adults will spur the development of more palatable fishmeal and the addition of omega-3 supplements.
by Livestock
• Ruminants
• Poultry
• Swine
• Aquatic Animals
• Others
by Application
• Fertilizers
• Animal Feed
• Others
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Who are Fishmeal Market Key Players:
• Croda International Plc.
• Empresas Copec S.A.
• Biomega AS
• Oceana Group Limited
• Omega Protein Corporation
• FMC Corporation
• Austevoll Seafood ASA
• Calysta, Inc.
• Pioneer Fishing (Pty), Ltd.
• The Scoular Company
• Aker Biomarine Antarctic AS
• Sarma Fish S.A.R.L
• Animalfeeds International Corporation
• Alpha Atlantique
• Novus International Inc.
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The table of content for the Fishmeal Market includes:
1. Global Fishmeal Market: Research Methodology
2.
Global Fishmeal Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
1. Global Fishmeal Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by Region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• MandA by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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