Fish Protein Hydrolysate Market Size, Latest Trends, Industry Challenges, and Future Aspect Analysis by 2030

The scope of our recent study on the "Fish Protein Hydrolysate Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Form (Dry and Liquid), Application (Animal Nutrition [Poultry, Ruminants, Swine, Aquaculture, Pets, and Others], Pharmaceuticals & Nutraceuticals, Food & Beverages, Personal Care, and Agriculture), and Geography" includes factors fueling the market growth, revenue estimation and forecast, market share analysis, and the identification of significant market players, along with their key developments

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Fish protein hydrolysate is a product made from fish or fish material by the method of protein hydrolyzation. Thus, fish protein hydrolysate is a mixture of broken proteins. Fish protein hydrolysates are reported to have a number of improved properties compared to the protein of origin, namely improved functional properties and bioactive properties such as anti-oxidative or anti-hypertensive activities. Recently, fish protein hydrolysate is also started to be used as cryoprotectants for frozen fish products. These are the factors expected to drive the fish protein hydrolysate market growth during the forecast period.

Based on form, the global fish protein hydrolysate market is segmented into dry and liquid. The dry segment held the largest share in 2021. Demand for powder fish protein hydrolysate is significantly higher than that of dry fish protein hydrolysate have a relatively longer shelf-life, and ease of transportation and storage. The cost of raw materials is also less, as it is a byproduct of fish which is an important attribute fueling the growth of the powdered fish protein hydrolysate.

The global fish protein hydrolysate market is segmented into five main regions-North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South & Central America. In 2022, Asia held the largest market share and it is also expected to register the highest CAGR from 2022 to 2030. The emerging countries in Asia Pacific are witnessing an upsurge in the middle-class population, along with the growth in urbanization that offers ample opportunities for key players in the fish protein market.

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Global Fish Protein Hydrolysate Market: Competitive Landscape

Bio-marine Ingredients, Ireland Limited, Copalis Sea Solutions, CR Brown Enterprises, Diana Group, Hofseth BioCare ASA, Janatha Fish Meal & Oil Products, Marutham Bio Ages Innovations (P) Ltd, SAMPI, Scanbio Marine Group AS, and Sopropêche are among the key players operating in the fish protein hydrolysate market. They are focusing on providing high-quality products to fulfill customer demand.

The report includes the segmentation of the global fish protein hydrolysate market as follows:

The global fish protein hydrolysate market is segmented based on form, application, and geography. Based on form, the market is segmented into dry and liquid. Based on application, the market is segmented into animal nutrition, food & beverages, pharmaceuticals & nutraceuticals, personal care, and agriculture. Further, the animal nutrition segment is subdivided into poultry, ruminants, swine, aquaculture, pets, and others. By geography, the market is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, South & Central America, and Central Asia.

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