Press release
Fishmeal & Fish Oil Market Share to Reach $20.42 Billion Globally by 2032 at 4.60% CAGR: Polaris Market Research
Fishmeal and Fish Oil Market
The key factors driving the growth of the global market are the rapidly rising awareness of animal nutrition and the growing trend of pet humanization worldwide, which has encouraged consumers to spend more on feed ingredients with a health focus, such as fishmeal and fish oil, and the growing use of these ingredients in various industrial applications, such as fertilizers, pharmaceuticals, and aquaculture applications.
๐๐ฒ๐ ๐๐ฟ๐ฒ๐ฒ ๐๐ ๐ฐ๐น๐๐๐ถ๐๐ฒ ๐ฃ๐๐ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ @ https://www.polarismarketresearch.com/industry-analysis/fishmeal-and-fish-oil-market/request-for-sample
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ข๐๐ฒ๐ฟ๐๐ถ๐ฒ๐
Fishmeal and fish oil are produced by low-trophic-level species or smaller forage fish that congregate in massive schools along coasts and open waters, such as anchovies, krill, and herring. Fishmeal has long been a valued ingredient in a wide range of sectors, including aquaculture, animal husbandry, and even human health. These marine products' distinct combination of proteins, minerals, and vital fatty acids is responsible for their rich nutritional profile. Fishmeal and oil are readily digested materials that are utilized in animal feed, from salmon and tilapia (aquaculture) to cattle and poultry (livestock).
๐ ๐ฎ๐ท๐ผ๐ฟ ๐ฃ๐ฎ๐ฟ๐๐ถ๐ฐ๐ถ๐ฝ๐ฎ๐ป๐๐
The fishmeal & fish oil market key players operating in the industry are:
โข FKS Multi Agro
โข Mukka Proteins
โข Sandakan Fishmeal
โข Raj Fishmeal
โข Asia Fish Oil
โข Pattani Fish Meal
โข Austevoll Seafood
โข Scoular Company
โข Croda International
โข Oceana Group
โข Omega Protein
โข FF Skagen
โข Pioneer Fishing
โข Maxland
โข and Gold Fin International.Austevoll Seafood ASA
โข The Scoular Company
โข Croda International Plc
โข Oceana Group Limited
โข Omega Protein Corporation
โข FF Skagen A/S
โข Pioneer Fishing
โข Maxland Group
โข and Gold Fin International.
๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป-๐ช๐ถ๐๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐
Based on geographical research, in 2022, North America conquered the market with a significant revenue share. The surge in demand for aquatic feed additives in countries such as the US and Canada, coupled with increased government support for industry development, can be attributed to the growth of the regional market.
Additionally, the Asia Pacific region has a significant portion of the market. The market is growing and in demand due to factors such as the notable increase in awareness about the health and nutrition of livestock and pets, as well as the increasing penetration of fishmeal and fish oil due to its multiple benefits on joint, skin, and coat health, among other health benefits.
๐ฉ๐๐ ๐๐๐๐ ๐ท๐๐๐๐๐๐ ๐น๐๐๐๐๐๐๐ ๐น๐๐๐๐๐ @ https://www.polarismarketresearch.com/buy/2288/2
๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐น ๐๐ป๐ฎ๐น๐๐๐ถ๐
Fishmeal & Fish Oil Market Research has segmented the fishmeal & fish oil market report based on source, livestock, industrial application, and region:
Fishmeal & Fish Oil, Source Outlook (Revenue - USD Billion, 2019 - 2032)
Salmon & Trout
Marine Fish
Crustaceans
Tilapia
Carps
Other Sources
Fishmeal & Fish Oil, Livestock Outlook (Revenue - USD Billion, 2019 - 2032)
Aquatic Animals
Swine
Poultry
Cattle
Pets
Fishmeal & Fish Oil, Industrial Application Outlook (Revenue - USD Billion, 2019 - 2032)
Fertilizers
Aquaculture
Pharma
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ @ https://www.polarismarketresearch.com/industry-analysis/fishmeal-and-fish-oil-market
๐๐ถ๐๐ต๐บ๐ฒ๐ฎ๐น & ๐๐ถ๐๐ต ๐ข๐ถ๐น ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐
โข Crustaceans segment is projected to grow during the anticipated period, on account of rise in the adoption of product as a dietary protein source in various fishmeal products
โข Aquatic animals segment accounted for highest market share in 2022, which is mainly driven high prevalence for the incorporation of aquatic animals into fish related diets
โข Pharma segment anticipated to gain substantial market share over the forecast period, that is mainly due to increased awareness and popularity of healthy lifestyle and nutrition consumption
โข North America region dominated the global market in 2022, owing to rising focus on major players on technological advancements and rise in the consumer spending capacity on protein-rich dietary foods in the region
๐๐ค๐ง๐ ๐๐ง๐๐ฃ๐๐๐ฃ๐ ๐๐๐ฅ๐ค๐ง๐ฉ๐จ ๐๐ฎ ๐๐ค๐ก๐๐ง๐๐จ ๐๐๐ง๐ ๐๐ฉ ๐๐๐จ๐๐๐ง๐๐:
Food Safety Testing Market
https://www.openpr.com/news/3426107/food-safety-testing-market-trends-research-report-growth
Alcoholic Beverages Market
https://www.openpr.com/news/3426110/alcoholic-beverages-market-2024-industry-forecasts-analysis
Cheese Powder Market
https://www.openpr.com/news/3426111/cheese-powder-market-size-overview-business-strategies
Baking Ingredients Market
https://www.openpr.com/news/3426115/baking-ingredients-market-2024-industry-size-growth-revenue
L-Carnitine Market
https://www.openpr.com/news/3426120/l-carnitine-market-2024-industry-analysis-size-share
Contact Us:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
ย About Us:
Polaris Market Research is a worldwide market research and consulting organization.
We give unmatched nature of offering to our customers present all around the globe across industry verticals.
Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.
We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation,
next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures present globally.
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