Fish Protein Hydrolysate Market Dynamics and Competitive Landscape Report 2032: Size, Share, and Geographic Segmentation
๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:The global fish protein hydrolysate market was valued at USD 242.51 million in 2023.
The market is expected to expand at a CAGR of 5.4% from 2024 to 2032.
The industry is expected to grow to USD 388.97 million by 2032.
๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Fish hydrolysate is a type of natural fertilizer that can improve plant nutrients. Fish hydrolysate is a natural plant fertilizer made by breaking down chopped fish with proteases and lactobacillus enzymes, which are biologically active substances. It is rich in protein and essential vitamins and is used in different ways in the food processing and medical supplements sectors.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฅ๐๐ญ๐๐ ๐๐ซ๐๐ฉ๐ก๐ฌ & ๐๐ก๐๐ซ๐ญ๐ฌ @ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐:
https://www.polarismarketresearch.com/industry-analysis/fish-protein-hydrolysate-market/request-for-sample
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
The anticipated market growth in the next few years is fueled by increasing interest from different sectors, especially in fish protein hydrolysates, because of their health benefits. Moreover, the increasing need for nutraceuticals is a crucial driver of the fish protein hydrolysate market. There is a forecast that the market expansion will be driven by the rising consumer demand for dietary supplements and the increasing popularity of fish-based products.
๐๐๐ฒ ๐๐๐ซ๐ญ๐ข๐๐ข๐ฉ๐๐ง๐ญ๐ฌ:
The industry is marked by fierce competition, and the leading companies rely on innovative technology, superior goods, and a strong brand identity to boost sales. Some of the major players participating in the fish protein hydrolysate industry are:
Alaska Protein Recovery, LLC
Bio-marine Ingredients Ireland Ltd.
BrownsFish Genesis
Copalis Sea Solutions
Diana Group
Dramm Corp.
Great Pacific BioProducts Ltd.
Hofseth BioCare
Janatha Fish Meal & Oil Products
Marutham Bio Ages Innovations (p) Ltd.
Neptune's Harvest
New Alliance Dye Chem Pvt. Ltd.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐ฌ๐ข๐จ๐ง ๐๐จ๐ฐ:
https://www.polarismarketresearch.com/buy/768/2
๐ ๐ข๐ฌ๐ก ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐ฒ๐๐ซ๐จ๐ฅ๐ฒ๐ฌ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
In 2023, the Anchovy segment dominated with the largest revenue share. The increasing demand for premium agricultural fertilizers, coupled with a shifting consumer preference towards organic alternatives in response to changing perceptions of chemical-based fertilizers in the agricultural sector, is anticipated to drive sustained growth in the demand for protein hydrolysate derived from anchovies in the coming years. Moreover, the swift expansion of the utilization of anchovy-based protein hydrolysate in the manufacturing of cost-effective and high-performance fertilizers, attributed to its capacity to enhance soil quality, is expected to serve as a significant driver for overall market demand.
During the forecast period, the Powder segment secured the highest market share. The rising demand for powdered Fish Protein Hydrolysate (FPH) in the manufacturing of pharmaceutical-grade products, such as protein powder and supplements that aid in blood and muscle recovery after accidents, is poised to fuel the growth of this segment in the upcoming years.Furthermore, the increasing preference for natural ingredients with low toxicity and economic viability in cosmetics and agricultural applications is expected to stimulate the demand for FPH in its powdered form.
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
The fish protein hydrolysate market is mainly segmented based on technology, source, application, form, and region. Based on the source analysis, in 2023, the anchovy segment accounted for the largest income share. It is anticipated that the rising need for anchovy-derived protein hydrolysate will be driven by the growing popularity of organic options in agriculture caused by changing consumer opinions on chemical fertilizers.
Moreover, according to the form analysis, during the projection period, the Powder segment held the highest market share. The increasing demand for powdered Fish Protein Hydrolysate (FPH) in producing pharmaceutical-grade items like supplements and protein powder to assist in blood and muscle recovery after incidents is anticipated to drive growth in this industry going forward.
๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐ฎ๐ฅ๐ฅ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ก๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/fish-protein-hydrolysate-market
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